Japanese ship returns after taking 25 fin whales in Sea of Okhotsk
About 320 metric tons of fin whale meat were unloaded at Sendai port in Miyagi Prefecture on Monday, with some 1.6 tons set to be transported to six markets across the country including Tokyo and Osaka as raw meat. The ship departed Shimonoseki port in the western Japanese prefecture of Yamaguchi on April 21.
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SoftBank to Invest 2 B. Dollars in Intel
News from Japan Economy Technology Aug 19, 2025 13:41 (JST) Washington/Silicon Valley, Aug. 18 (Jiji Press)--SoftBank Group Corp. said Monday that it will invest 2 billion dollars in Intel Corp. to promote semiconductor innovation in the United States. The Japanese technology investor will pay 23 dollars per share of Intel common stock. "This strategic investment reflects our belief that advanced semiconductor manufacturing and supply will further expand in the United States, with Intel playing a critical role," SoftBank Chairman and CEO Masayoshi Son said in a statement. "I appreciate the confidence he has placed in Intel with this investment," Intel CEO Lip-Bu Tan said of Son. The investment comes as the administration of U.S. President Donald Trump is in talks to acquire a 10 pct stake in the troubled chipmaker in a deal estimated at 10.5 billion dollars, according to U.S. media reports. [Copyright The Jiji Press, Ltd.] Jiji Press
Yomiuri Shimbun
an hour ago
- Yomiuri Shimbun
Young People Vow to Take Action for Future of Africa, Japan and Become Leaders at TICAD Youth Conference in Yokohama
YOKOHAMA — The ninth Tokyo International Conference on African Development (TICAD) begins Wednesday in Yokohama, and leaders of African countries as well as representatives from the business sector and civil society are expected to attend. The purpose of the three-day event is to come up with innovative solutions to the challenges that Africa faces with the help of Japanese technology and expertise. The three pillars of the conference are economy, peace and stability, and society. Under the pillar of society, TICAD 9 will focus on empowering young people and women. Prior to the start of the conference, young people from African countries and Japan began their version of the conference, Youth TICAD 2025, on Monday to discuss the future of the continent and Japan. The policy proposed by Youth TICAD 2025, 'The Youth Agenda 2055: The Future We Want,' aims to 'institutionalize youth within TICAD.' The proposal includes 10 actions, such as 'Universal, high-quality, and inclusive education through innovation, support and collaboration' and 'Promote social cohesion between Africans, Japanese and diaspora in their communities.' In the proposal, the group states: 'This is more than a policy document. It is a bold declaration of purpose, innovation, and shared responsibility from a generation determined not only to be heard but to lead.' On Monday, about 100 young people from 27 countries participated in the event's opening ceremony held near the main venue of TICAD 9. 'You are here because you believe in the vision,' David Kpondehou, co-chair of the event, said in his opening remarks. 'When you believe in the vision, it means you have to be the one to take action.' Kpondehou, who is originally from Benin but has been living in Japan since 2017, is the president of the African Diaspora Network in Japan, a group comprising 6,000 African diasporas from more than 40 countries. Kpondehou told The Japan News that it is necessary to 'change the narratives.' He said many Japanese people still believe there are lions walking down the street in Africa and that there are no business opportunities. However, he said there are many talented young people in Africa, including those in the IT industry. 'Let's explore their potential,' Kpondehou said. Many young Japanese people also participated in the opening ceremony. Kotone Sakamoto, a junior at a university, is one such participant. Sakamoto said she was 'tired of being a good kid' and set off on a trip around the world last year. During her travels, she visited 15 countries in Africa. Sakamoto was inspired by the people of Africa who enjoy living in the present. 'In Japan, people worry about old age from when they're young, and I started to think that was silly,' she said. Now, she is hoping to become 'a bridge connecting Africa and Japan.' The representatives of Youth TICAD 2025 plan to hand the Youth Agenda 2055 to a senior official of Japan's Foreign Ministry on Wednesday. 'You don't wait for someone to help you,' Kpondehou said in his remarks. 'You take actions, and you as young people, support each other to achieve that vision.'
The Mainichi
2 hours ago
- The Mainichi
Tokyo stocks end lower after 2-day record high streak
TOKYO (Kyodo) -- Tokyo stocks ended lower Tuesday in directionless trading, as investors locked in gains after key indexes hit record highs for a second straight trading day Monday. The 225-issue Nikkei Stock Average ended down 168.02 points, or 0.38 percent, from Monday at 43,546.29 after hitting a fresh intraday record high in the morning. The broader Topix index finished 4.33 points, or 0.14 percent, lower at 3,116.63. On the top-tier Prime Market, main decliners were bank, nonferrous metal and insurance issues. The U.S. dollar briefly rose to the lower 148 yen range in Tokyo on receding expectations of a significant Federal Reserve rate cut, dealers said. The yield on the benchmark 10-year Japanese government bond rose to 1.600 percent, its highest since July 25, after debt was sold following a weakly received 20-year bond auction by the Finance Ministry. The Nikkei stock index opened higher as heavyweight technology issues tracked overnight gains by their U.S. counterparts, while export-linked auto shares were bought on the weaker yen. Sentiment was also lifted by expectations that geopolitical risks could ease after U.S. President Donald Trump on Monday voiced hope that he and Ukrainian President Volodymyr Zelenskyy will soon hold talks with Russian President Vladimir Putin to end the war in Ukraine, brokers said. However, the market remained largely directionless throughout the day, weighed down by profit-taking amid concerns about overheating after Tokyo's key stock indexes closed Monday at fresh record highs. Investors also grew cautious ahead of a speech by U.S. Federal Reserve Chair Jerome Powell at a symposium in Jackson Hole, Wyoming, later this week. "There still remains expectations that Powell may signal a move toward further rate cuts, so there is not much pressure to sell off," said Masahiro Yamaguchi, head of investment research at SMBC Trust Bank.
