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Nikkei Asia
4 days ago
- Business
- Nikkei Asia
Yen softens beyond 149 against dollar amid Japan election jitters
Japan's election uncertainties and U.S. inflation numbers have weakened the yen. (Photo by Mizuho Miyazaki) RYO SAEKI and GENKI IKUTA TOKYO -- The yen weakened beyond 149 to the dollar at one point Tuesday in New York, a level it last reached in early April, amid uncertainty over whether Japanese opposition parties calling for fiscal expansion will gain more clout after the upper house election this coming Sunday. Polling this week by Nikkei showed that the ruling coalition of the Liberal Democratic Party and Komeito could secure fewer than 50 of the seats up for election -- below the threshold for a majority. If so, they may end up needing to cooperate with opposition parties that have been urging expansionary policies, including a consumption tax cut.
Nikkei Asia
06-07-2025
- Entertainment
- Nikkei Asia
Thai festivals dazzle Japan with street food, 'T-pop' and fashion
A woman performs a traditional dance at the 25th Thai Festival Tokyo, held in the city's Yoyogi Park in May. (Photo by Mizuho Miyazaki) NATSUMI KAWASAKI TOKYO -- From street food and trendy clothes to "T-pop" and boys' love dramas, festivals showcasing a diverse range of Thai culture are drawing big crowds in Japan. Beyond events hosted by the Thai Embassy, locally sponsored festivals with official backing have spread across the country and are set to continue through the end of summer, attracting visitors of all ages.
