Japan

2024 - 3 - 27

Japan and North Korea: Summit Rejection and Airplane Ambitions

currency intervention - diplomatic tensions - economic growth - energy transition - Japan - North Korea

Kim Jong Un's sister rejects summit with Japan while Japan eyes hydrogen-powered airliners. A clash of diplomatic tensions and technological ambitions in East Asia!

Tensions between Japan and North Korea have escalated as Kim Jong Un's powerful sister, Kim Yo Jong, declared that Pyongyang will refuse any contact or negotiations with Japan. This comes in response to Japan's firm stance on the abduction issue, indicating a strained relationship between the two countries. On the other hand, Japan is venturing into the aviation industry with plans to develop hydrogen-powered airliners, aiming to revolutionize air travel with innovative propulsion systems beyond conventional jet engines.

Amidst the diplomatic standoff, Japan's Ministry of Finance has initiated a panel to review the country's current accounts, seeking expert advice to enhance its financial standing. Simultaneously, Japanese Prime Minister Fumio Kishida is facing turmoil following a funding scandal that has jeopardized his public support, raising concerns about his leadership. The conflicting dynamics in Japan's political and economic spheres reflect a challenging period for the nation.

In a bold move, Japan has approved a plan to sell future next-generation fighter jets developed with Britain and Italy to other countries, signaling a significant shift in its security policy. This decision has sparked controversy, with China expressing grave concerns over Japan's departure from its pacifist stance. The evolving security landscape in East Asia underscores the strategic shifts and regional implications of Japan's international engagements.

In a surprising twist, North Korea's rejection of talks with Japan and Japan's pursuit of advanced aviation technologies illustrate contrasting narratives of conflict and innovation in the region. While diplomatic tensions persist, Japan's aspirations for technological advancement continue to drive its endeavors towards a dynamic future.

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Image courtesy of "The Japan Times"

North Korea rules out summit with Japan and rejects more talks (The Japan Times)

The sister of leader Kim Jong Un said that a meeting was not of interest to the North, alluding to Tokyo's unyielding stance on the abductions issue.

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Image courtesy of "Politiko"

Kim's sister says N. Korea will reject any contact with Japan: KCNA (Politiko)

North Korean leader Kim Jong Un's powerful sister said Tuesday Pyongyang would reject "any contact or negotiations" with Japan, just a day after she said ...

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Image courtesy of "East Asia Forum"

Australia's energy transition collides with Japan's energy security ... (East Asia Forum)

A spat over gas supplies and the huge potential for future fuels means it's time for a binational body to talk over energy issues.

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Image courtesy of "Kyodo News Plus"

North Korea rejects talks with Japan, nixes floated summit: KCNA (Kyodo News Plus)

North Korea rejects any further contact or negotiations with Japan and said a floated summit meeting between leader Kim Jong Un and Japanese Prime Minister ...

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Image courtesy of "Reuters"

Japan establishes panel to review current accounts (Reuters)

Japan's Ministry of Finance has set up a panel of experts to look at ways to improve the country's current accounts after income gains from past Japanese ...

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Image courtesy of "FRANCE 24"

N. Korea says no interest in holding summit with Japan, rejects ... (FRANCE 24)

Kim Yo Jong, the powerful sister of North Korean leader Kim Jong Un, said Japan had asked for a summit without preconditions, which she welcomed only if ...

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Image courtesy of "Foreign Policy"

Japan's LDP Funding Scandal May Bring Down Another PM (Foreign Policy)

Japanese Prime Minister Fumio Kishida is battling to keep his grip on power after a massive funding scandal crashed already-weak public support for him and ...

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Image courtesy of "Nikkei Asia"

Japan to take another shot at a homegrown airliner, eyeing hydrogen (Nikkei Asia)

The project is expected to explore propulsion systems beyond jet engines that are mainstream now, including the development of hydrogen-combustion engines. The ...

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Image courtesy of "Kyodo News Plus"

Japan aims to launch next-generation passenger aircraft by around ... (Kyodo News Plus)

Mitsubishi Heavy pulled the plug on the previous project to roll out Japan's first homegrown passenger jet, called SpaceJet, last year, citing a lack of know- ...

DPRK rules out summit with Japan, rejects more contacts: KCNA (China Daily)

SEOUL - The government of the Democratic People's Republic of Korea (DPRK) will "reject any contact and negotiations with Japan" over the prospect of a ...

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Image courtesy of "Business Mirror"

Japan approves plan to sell fighter jets to other nations in latest ... (Business Mirror)

TOKYO—Japan's Cabinet on Tuesday approved a plan to sell future next-generation fighter jets that it's developing with Britain and Italy to other countries, ...

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Image courtesy of "Asahi Shimbun"

EDITORIAL: Japan makes security policy switch without public ... (Asahi Shimbun)

Under its post-World War II pacifist Constitution, Japan has strictly refrained from arms exports for decades, resolving never to be a nation that ...

China airs concern over Japan's move to sell jets (Chinadaily USA)

China's Foreign Ministry on Tuesday expressed grave concern over Japan's latest step away from the pacifist constitution the country adopted at the end of ...

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Image courtesy of "INQUIRER.net"

Japan's finance minister issues strongest warning on yen weakness (INQUIRER.net)

Japan's finance chief issued his strongest warning to date about the weakness of the yen as the currency fell to a 34-year low vs the dollar.

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Image courtesy of "Reuters.com"

Japan makes strongest intervention warning as yen hits 34-year low (Reuters.com)

Japan's finance minister issued his strongest warning to date on Wednesday about yen weakness as it fell to a 34-year low against the dollar, ...

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Image courtesy of "The Straits Times"

Kim Jong Un's sister rejects idea of summit with Japan's leader (The Straits Times)

Ms Kim Yo Jong said a meeting cannot be held because Tokyo has “no courage” to take the first step to better relations. PHOTO: AFP. Updated.

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Image courtesy of "Financial Times"

Japan steps up intervention warnings as yen slides to weakest level ... (Financial Times)

Finance minister Shunichi Suzuki stepped up his verbal warnings on Wednesday, saying the government “would not rule out any steps against any excessive moves” ...

Japan's golden opportunity (koreatimes)

The relationship between Korea and Japan, often considered one of the most challenging partnerships in the modern international system, appears to have ...

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Image courtesy of "The Japan Times"

Yen slides to 34-year low, heightening talk of intervention (The Japan Times)

Although the Bank of Japan hiked rates for the first time in 17 years last week, the yen's weakness has persisted.

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Image courtesy of "Stars and Stripes"

North Korea snubs request for meeting with Japan's prime minister (Stars and Stripes)

Kim Yo Jong, the sister of North Korean leader Kim Jong Un, has dismissed the idea of her brother meeting with Japanese Prime Minister Fumio Kishida, ...

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Image courtesy of "CNBC"

Japan's Yen hits 34-year-low, heating talk of intervention (CNBC)

The Japanese Yen on Wednesday hit its weakest level since 1990, fueling debates about whether policymakers will intervene to prop up the currency.

FOREX-Japan's yen hits 34-year low, sparking intervention warnings (Yahoo Finance)

The yen dropped to its lowest level since 1990 on Wednesday, into the zone that triggered intervention by Japanese authorities in 2022, prompting the ...

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Image courtesy of "The Interpreter"

A closer look at the rising popularity of Japan's Foreign Minister ... (The Interpreter)

In September 2023, Japan's Foreign Minister Yoko Kamikawa became the first female foreign minister of Japan in 20 years, and she has since showed off her ...

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Image courtesy of "GMA News Online"

Japan says it may take 'decisive steps' as yen falls to 34-year low (GMA News Online)

Japan's finance minister said on Wednesday that authorities could take "decisive steps" against yen weakness after the currency fell to a 34-year low ...

FOREX-Japan's yen hits 34-year low, sparking intervention warnings (Yahoo Finance)

The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan's top monetary officials met to discuss the rapidly ...

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Image courtesy of "Tech Xplore"

Japan to unveil next-generation passenger plane project (Tech Xplore)

Japan is expected to announce plans to develop a next-generation passenger jet following a government committee meeting on Wednesday, a year after the last ...

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Image courtesy of "Reuters"

Explainer: Japan hiked interest rates. Why is the yen falling? (Reuters)

Japan raised interest rates for the first time since 2007 this month in a move that marked a historic shift in monetary policy.

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Image courtesy of "GMA News Online"

Japan to unveil next-generation passenger plane project (GMA News Online)

TOKYO - Japan is expected to announce plans to develop a next-generation passenger jet following a government committee meeting on Wednesday, ...

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Image courtesy of "Reuters"

Japan to support next-generation passenger aircraft development (Reuters)

Japan's industry ministry said on Wednesday it plans to work with the private sector on a 4 trillion yen ($26.46 billion)project to create a next-generation ...

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Image courtesy of "Reuters"

Shares rally; Japan authorities rattle sabers on yen selling (Reuters)

Global shares rose on Wednesday, nudged higher by a rally in Japanese stocks as the yen sagged to its weakest since 1990, while the dollar held mostly ...

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Image courtesy of "Yahoo Finance"

Japan's yen hits 34-year low, sparking intervention warnings (Yahoo Finance)

LONDON/SINGAPORE (Reuters) -The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan's top monetary officials met ...

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Image courtesy of "The Diplomat"

Proactive Pacifism, Arms Exports, and Japan's Quest to Be 'One of ... (The Diplomat)

The Kishida administration's decision to export advanced fighter jets is part of a long evolution of Japan's understanding of what it really means to be a ...

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Image courtesy of "Breaking Defense"

Japan cabinet OKs country's first fighter export plan, for GCAP (Breaking Defense)

Malcolm Davis of the Australian Strategic Policy Institute says sales will come "down to cost and capability - how much does GCAP cost in terms of both unit ...

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Image courtesy of "World Grain"

Japan's corn use, imports expected to rise (World Grain)

TOKYO, JAPAN — Corn imports and consumption are forecast to increase in Japan for marketing years 2023-24 and 2024-25 as the country's poultry layer ...

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Image courtesy of "Matador Network"

Why Anyone Who Loves Rare Bourbon Should Visit Japan (Matador Network)

In Aaron Goldfarb's latest book "Dusty Booze," he explains why the country has some of the best vintage bourbon in the world.

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Image courtesy of "Nikkei Asia"

Japan to loosen residency rules for foreign entrepreneurs (Nikkei Asia)

TOKYO -- Japan will soon relax residency requirements for foreign nationals who start businesses, letting a broader range of funding sources count tow.

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Image courtesy of "Kyodo News Plus"

Japan eyes upgrade of 16 airports, ports for possible defense use (Kyodo News Plus)

Japan plans to upgrade five airports and 11 ports, designating them for use by the country's defense forces and coast guard in case of military emergencies, ...

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Image courtesy of "Nikkei Asia"

Japan's renewed push for homegrown airliner faces turbulent path (Nikkei Asia)

The new proposal, which also calls for exploring hydrogen as a fuel, comes a year after Mitsubishi Heavy Industries withdrew from the SpaceJet project, an ...

FOREX-Japan's yen hits 34-year low, sparking intervention warnings (Yahoo Finance)

The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan's top monetary officials met to discuss the rapidly ...

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Image courtesy of "Nikkei Asia"

Japan authorities confer on sliding yen, hint at intervention (Nikkei Asia)

TOKYO (Reuters) -- Japan's three main monetary authorities held an emergency meeting on Wednesday to discuss the weakening yen, suggesting they were r.

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Image courtesy of "Livemint"

Japan's Yen falls to 34-year low, igniting intervention warnings | Mint (Livemint)

The Japanese yen plunged to a 34-year low against the dollar, prompting Japan to mull intervention to curb rapid decline. The US Fed's hawkish stance is ...

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Image courtesy of "Reuters India"

Japan won't rule out any options on currency moves, says ... (Reuters India)

The government is watching currency moves with a high sense of urgency, Chief Cabinet Secretary Yoshimasa Hayashi told reporters, after the yen slid to a 34- ...

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