ππΊπΈ Toyota to Invest Up to $10 Billion More in U.S. Production
Toyota held an opening ceremony for its new battery plant in North Carolina on the 12th and announced plans to invest up to $10 billion in the U.S. over the next five years.π π π
Amid the Trump administrationβs push to revive American manufacturing, Toyota aims to strengthen U.S. production of hybrid and other electric vehicles.π€ π€ π€
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Toyota held an opening ceremony for its new battery plant in North Carolina on the 12th and announced plans to invest up to $10 billion in the U.S. over the next five years.
Amid the Trump administrationβs push to revive American manufacturing, Toyota aims to strengthen U.S. production of hybrid and other electric vehicles.
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βοΈπ―π΅ Widow Akie Abe Shares Grief at 7th Trial Hearing
At the 7th hearing of the trial for Tetsuya Yamagami β charged with murdering former Prime Minister Shinzo Abe β the Nara District Court presented a written statement from Abeβs widow, Akie Abe.
Prosecutors read her words expressing deep sorrow, noting she had wished her husband βcould live to 100.βπ π π
Akie wrote about the pain of losing him:
βDuring the first-year memorial service, I cried uncontrollably, thinking, βWhy isnβt he here?ββ
She did not appear in court.π₯² π₯² π₯²
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At the 7th hearing of the trial for Tetsuya Yamagami β charged with murdering former Prime Minister Shinzo Abe β the Nara District Court presented a written statement from Abeβs widow, Akie Abe.
Prosecutors read her words expressing deep sorrow, noting she had wished her husband βcould live to 100.β
Akie wrote about the pain of losing him:
βDuring the first-year memorial service, I cried uncontrollably, thinking, βWhy isnβt he here?ββ
She did not appear in court.
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β¨π― Japanβs National Treasure Temple Unveils Stunning 3D Light Show
The Shiramizu AmidadΕ in Fukushimaβdesignated a National Treasureβheld a preview of its new 3D projection light show on the 13th. Traditional motifs from the templeβs founding era were projected inside, creating a vibrant, immersive vision of the Pure Land Paradise.π₯³ π₯³ π₯³
The gardenβs autumn leaves are now at their peak, with illuminated ginkgo and maple trees glowing beautifully at night.
Public evening openings: Nov 14β16 & 21β24, 5:00 PMβ8:30 PM.π π π
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The Shiramizu AmidadΕ in Fukushimaβdesignated a National Treasureβheld a preview of its new 3D projection light show on the 13th. Traditional motifs from the templeβs founding era were projected inside, creating a vibrant, immersive vision of the Pure Land Paradise.
The gardenβs autumn leaves are now at their peak, with illuminated ginkgo and maple trees glowing beautifully at night.
Public evening openings: Nov 14β16 & 21β24, 5:00 PMβ8:30 PM.
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ππ―π΅ Nikkei Plunges 1.77% as U.S. Market Sell-Off Hits Tokyo
The Nikkei closed down 905.3 points on the 14th, finishing at 50,376.53 β a 1.77% drop.
A sharp overnight decline in U.S. stocks triggered heavy selling in Tokyo, especially in major semiconductor shares. The index at one point sank over 1,000 points during the session.π π π
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The Nikkei closed down 905.3 points on the 14th, finishing at 50,376.53 β a 1.77% drop.
A sharp overnight decline in U.S. stocks triggered heavy selling in Tokyo, especially in major semiconductor shares. The index at one point sank over 1,000 points during the session.
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π³οΈπ¨π³ China Cruise Cancels Planned Stop at Okinawaβs Miyako Island
Chinaβs cruise ship AIDAmar Mediterranea (capacity 2,680 passengers) has canceled its planned stop and passenger disembarkation at Hirara Port on Miyako Island scheduled for the morning of the 20th.
The vessel will remain anchored in the port and depart for China later in the day, according to Okinawa Customs on the 19th.πΆ πΆ πΆ
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Chinaβs cruise ship AIDAmar Mediterranea (capacity 2,680 passengers) has canceled its planned stop and passenger disembarkation at Hirara Port on Miyako Island scheduled for the morning of the 20th.
The vessel will remain anchored in the port and depart for China later in the day, according to Okinawa Customs on the 19th.
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π«π¨π³ China Halts Imports of Japanese Seafood
China has notified Japan that it will stop importing Japanese seafood, according to reports on November 19.
Japanβs Ministry of Agriculture confirmed it received the notice from Beijing that morning.π€ π€ π€
The move is believed to be a response to Prime Minister Sanae Takaichiβs recent remarks in parliament regarding a potential βTaiwan contingency,β which drew dissatisfaction from the Chinese government.π π π
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China has notified Japan that it will stop importing Japanese seafood, according to reports on November 19.
Japanβs Ministry of Agriculture confirmed it received the notice from Beijing that morning.
The move is believed to be a response to Prime Minister Sanae Takaichiβs recent remarks in parliament regarding a potential βTaiwan contingency,β which drew dissatisfaction from the Chinese government.
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π± Yen Drops to Β₯157.5 per Dollar β Lowest in 10 Months
The Japanese yen continued to weaken on November 20, briefly falling beyond Β₯157.50 per US dollar, its lowest level since mid-January.
Markets reacted to concerns over Japanβs expanding economic stimulus package, expected to be approved on the 21st, raising fears of further fiscal deterioration.π
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Japanβs 10-year government bond yield also surged to 1.835%, the highest level in about 17 and a half years.π₯Ή π₯Ή π₯Ή
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The Japanese yen continued to weaken on November 20, briefly falling beyond Β₯157.50 per US dollar, its lowest level since mid-January.
Markets reacted to concerns over Japanβs expanding economic stimulus package, expected to be approved on the 21st, raising fears of further fiscal deterioration.
Japanβs 10-year government bond yield also surged to 1.835%, the highest level in about 17 and a half years.
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π Fukushima Treated Water Release Exceeds 120,000 Tons β No Abnormalities Detected
Tokyo Electric Power Company (TEPCO) has released a total of about 125,000 tons of treated water from the Fukushima Daiichi nuclear plant since discharge began in August 2023.
The IAEA, along with overseas experts including those from China, has monitored both the treated water and local marine products, and no abnormalities have been found to date.π π π
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Tokyo Electric Power Company (TEPCO) has released a total of about 125,000 tons of treated water from the Fukushima Daiichi nuclear plant since discharge began in August 2023.
The IAEA, along with overseas experts including those from China, has monitored both the treated water and local marine products, and no abnormalities have been found to date.
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ποΈπ° Tokyoβs New Condos Average Over Β₯150 Million β Second-Highest Ever
New data released on the 20th shows that new condo prices in Tokyoβs 23 wards surged 18.3% year-on-year in October, reaching an average of Β₯153.13 million (β RMB 6.9 million), the second-highest level in history.π π π
Across the Greater Tokyo area, the average price rose 7.1% to Β₯98.95 million.
Rising land prices and strong sales of ultra-luxury properties in central Tokyo continue to drive the market upward.πΌ πΌ πΌ
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New data released on the 20th shows that new condo prices in Tokyoβs 23 wards surged 18.3% year-on-year in October, reaching an average of Β₯153.13 million (β RMB 6.9 million), the second-highest level in history.
Across the Greater Tokyo area, the average price rose 7.1% to Β₯98.95 million.
Rising land prices and strong sales of ultra-luxury properties in central Tokyo continue to drive the market upward.
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πΊπΈπ€π―π΅ US Ambassador Voices Strong Support for Japan
US Ambassador to Japan Rahm Emanuel Glass said on the 20th that Chinaβs suspension of Japanese seafood imports is βtypical economic coercion.β
He expressed full support for Prime Minister Sanae Takaichi and Japanβs fishing industry.π π π
After meeting with Foreign Minister Toshimitsu Motegi, Glass told reporters that the US will stand with Japan in its defense, including over the Senkaku Islands, adding:
βThe JapanβUS alliance will not waver.βπ₯ π₯ π₯
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US Ambassador to Japan Rahm Emanuel Glass said on the 20th that Chinaβs suspension of Japanese seafood imports is βtypical economic coercion.β
He expressed full support for Prime Minister Sanae Takaichi and Japanβs fishing industry.
After meeting with Foreign Minister Toshimitsu Motegi, Glass told reporters that the US will stand with Japan in its defense, including over the Senkaku Islands, adding:
βThe JapanβUS alliance will not waver.β
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π± Yen Slides Further as Both BOJ & Fed Stay on Hold
The Japanese yen continues to weaken. On Nov 20, the yen fell to the 157.5β157.9 per dollar range, the weakest level in 10 months.
With US December rate-cut expectations fading, the dollar is being bought again β pushing the yen lower.π π π
At the same time, markets remain doubtful that the Bank of Japan will raise rates in December.
Japanβs government has also shown limited intervention signals, making it easier for traders to sell yen.
Result: The βdo-nothingβ stance of both the Fed and BOJ is accelerating the yenβs depreciation.π½ π½ π½
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The Japanese yen continues to weaken. On Nov 20, the yen fell to the 157.5β157.9 per dollar range, the weakest level in 10 months.
With US December rate-cut expectations fading, the dollar is being bought again β pushing the yen lower.
At the same time, markets remain doubtful that the Bank of Japan will raise rates in December.
Japanβs government has also shown limited intervention signals, making it easier for traders to sell yen.
Result: The βdo-nothingβ stance of both the Fed and BOJ is accelerating the yenβs depreciation.
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π―π΅β Okinawa High School Study Trip to Shanghai Canceled
Okinawaβs Board of Education announced that a planned two-week student exchange program for about 20 high school students to visit schools in Shanghai from Nov. 29 has been canceled.π΅βπ« π΅βπ« π΅βπ«
Chinese organizers informed Okinawa on Nov. 18 that they were unable to host the group, with no detailed reason provided.
Officials believe the decision may be linked to recent JapanβChina tensions.β β β
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Okinawaβs Board of Education announced that a planned two-week student exchange program for about 20 high school students to visit schools in Shanghai from Nov. 29 has been canceled.
Chinese organizers informed Okinawa on Nov. 18 that they were unable to host the group, with no detailed reason provided.
Officials believe the decision may be linked to recent JapanβChina tensions.
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