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CNBC
23-07-2025
- Business
- CNBC
Asia-Pacific markets set to open higher after Trump hails Japan trade deal
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets were set to open higher after U.S. President Donald Trump announced that he had completed a "massive Deal" with Japan, which set tariffs of 15% on the country's exports to the U.S. Overnight, the U.S. benchmark S&P 500 rose to another record high. Happy mid-week from Singapore! Asia markets were poised to open higher. Japan's benchmark Nikkei 225 was set to start the trading day higher, with the futures contract in Chicago at 40,185 against the index's last close at 39,774.92. Australia's S&P/ASX 200 was also on track to start the day higher with futures tied to the benchmark at 8,681, compared with its last close of 8,677.20. Futures for Hong Kong's Hang Seng index stood at 25,321, pointing to a stronger open compared with the HSI's last close of 25,130.03. — Lee Ying Shan The S&P 500 and the Dow Jones Industrial Average closed in the green on Tuesday. The broad market index rose 0.06% to close at 6,309.62, marking another record close for the index. The blue-chip Dow climbed 179.37 points, or 0.4%, to finish at 44,502.44. On the other hand, the tech-heavy Nasdaq Composite fell 0.39% to end the day at 20,892.69. — Sean Conlon U.S. President Donald Trump and Philippine President Ferdinand Marcos Jr., meet in the Oval Office at the White House in Washington, D.C., U.S., July 22, 2025. Kent Nishimura | Reuters President Donald Trump said on Tuesday that the U.S. has reached a trade agreement with the Philippines. "President Ferdinand Marcos, of the Philippines, is just leaving the White House, with all of his many Representatives. It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs. The Philippines will pay a 19% Tariff," the president said in a Truth Social post. Trump also said that the two countries will "will work together Militarily." The Philippines has yet to confirm the deal. — Kevin Breuninger, Sean Conlon
CNN
17-07-2025
- Entertainment
- CNN
What happens when an octopus engages with art?
When the Japanese artist Shimabuku was 31 years old, he took an octopus on a tour of Tokyo. After catching it from the sea with the help of a local fisherman in Akashi, a coastal city over 3 hours away from the Japanese capital by train, he transported the live creature in a temperature-controlled tank of seawater to show it the sights of Tokyo before returning it safely to its home the same day. 'I thought it would be nice,' the artist, now 56, said about the experience, over a video call from his home in Naha, Japan. 'I started to travel when I was 20 years old. But octopuses, maybe they don't travel so much — and when they do, they are just going to be eaten. I wanted to take an octopus on a trip, but not to be eaten.' Documenting it on video, Shimabuku took the octopus to see the Tokyo Tower, before visiting the Tsukiji fish market, where the animal 'reacted very strongly' to seeing other octopuses on sale, the artist said. 'Octopuses are smart — maybe he told his experience to his octopus friends in the sea (after returning).' The interspecies day trip, resulting in the 2000 video work 'Then, I Decided to Give a Tour of Tokyo to the Octopus from Akashi,' kickstarted a series of projects Shimabuku has undertaken over the decades that engage with octopuses in playful, inquisitive ways. A portion of this work is currently on show in the UK, in two exhibitions that explore humanity's relationship with nature and animal life: 'More than Human' at the Design Museum in London (through October 5) and 'Sea Inside' at the Sainsbury Centre in Norwich (through October 26). Fascinated by what the sea creatures might think, feel, or like, Shimabuku has documented their reactions to various experiences, from the city tour of Tokyo to being given specially crafted artworks. 'They have a curiosity,' he said. 'For some other animals, it's only about eating and making love. But I think octopuses have time to wander — time for hobbies.' When he lived in the Japanese city of Kobe, Shimabuku would go on fishing trips with local fisherman, taking the opportunity to learn about octopuses. 'Traditionally we catch octopuses in empty ceramic pots — that's my hometown custom,' he said. Fishermen would throw hundreds of pots into the sea, wait two days, then retrieve them — finding octopuses inside. 'Octopuses like narrow spaces so they just come into it,' explained Shimabuku. When he saw the animals within the pots, he discovered they were 'carrying things': shells, stones, even bits of broken beer bottles. He began to save the small objects the octopuses had gathered — 'a collection of a collection,' he said. In light of the creatures' collecting habit, Shimabuku started to think, 'maybe I can make sculptures for them,' the artist recalled. In his 2010 work 'Sculpture for Octopuses: Exploring for Their Favorite Colors,' Shimabuku crafted a selection of small glass balls and vessels, in various colors. At first, he went out in a fishing boat and threw the sculptures in the sea, 'like a present to the octopuses.' But then he wanted to see how the animals were reacting to the objects. Collaborating with the now-closed Suma Aqualife Park in Kobe, he repeated the effort in a large water tank, where he could film the reaction of octopuses. 'They played with them, and sometimes they carried them,' said Shimabuku. Does he know why? 'Maybe they have too many hands — so they want to grab something,' the artist reflected. 'They keep touching, touching.' The resulting film, and photographs, show the octopuses wrapping their tentacles around some of the glass objects, grabbing and rolling them across the sand, and even holding them in their suckers as they move across the side of the tank. In 2024, Shimabuku had a landmark solo show at Centro Botín in Santander, Spain. Specially for the exhibition, he collected an assortment of glass and ceramic pots to offer to local octopuses. Some of the vessels were made by the artist and others were from 'second-hand shops and eBay.' Off the coast of the Spanish city, Shimabuku dropped the vessels on to the sea bed, subsequently diving down with a film camera to see how the octopuses there reacted to the vessels. As expected, some had climbed inside. Although octopuses are colorblind, Shimabuku wanted to see through these projects whether they were attracted to objects of certain colors. 'What I heard from fishermen is that octopuses like red,' he said. 'Long ago in Kobe, I found an octopus in a red pot, so I believe they like red.' Perhaps more so than the hue, Shimabuku is convinced that octopuses are drawn to very 'smooth, shiny' glass objects. He doesn't have evidence to back this up, but then again Shimabuku's projects are not intended as scientific experiments. Here, a man entranced by eight-legged mollusks is dedicating his time to engaging with them through art.
Metropolis Japan
08-07-2025
- Entertainment
- Metropolis Japan
Golden Hour Tokyo: A Sunset Social Above the City
Step into an evening of elegance at Golden Hour Tokyo, a social gathering set high above the city in one of Tokyo's most exclusive sky lounges. Held monthly and renowned to be an elegant party, this curated event brings together stylish locals, global minds and curious travelers for meaningful conversation and real connection. As the sun sets, enjoy panoramic views of Tokyo Tower and Skytree from the open-air sky deck. The entire 32nd floor is yours to explore—marble floors, designer interiors and a relaxed, luxury hotel-like ambience set the tone. Admission is ¥3,500 and includes one drink and light refreshments. A full cash bar is also available, staffed by professional bartenders. Doors open at 6:30pm and close strictly at 8:30pm due to building security. Make memories, meet new people and experience Tokyo from above.
Straits Times
01-07-2025
- Automotive
- Straits Times
Tokyo's Shibuya area tells go-kart firms to register amid complaints
Go-kart rides on public roads have been popular among foreign tourists. PHOTO: AFP TOKYO - Tokyo's Shibuya Ward on July 1 began requiring rental go-kart service operators to register with it when they set up business in the area amid public complaints about the vehicles. Go-kart rides on public roads have been popular among foreign tourists to visit sightseeing spots, including the Shibuya scramble crossing and Tokyo Tower, but their driving behaviour and the vehicles' noise have often been sources of friction. Amid the lack of a law regulating the business, the municipality has revised an ordinance to mandate the operators to register, provide information, including driving routes and vehicle number plates, and submit a written oath on safety. There is no penalty for not complying with the rules, but such businesses will be disclosed on the ward's website. The requirements are voluntary for the four companies already operating go-kart businesses at six locations there, according to the ward. 'We ask the operators to coexist with the local community,' a Shibuya official said, adding legislation on such businesses should be debated. Join ST's Telegram channel and get the latest breaking news delivered to you.
CNBC
12-06-2025
- Business
- CNBC
Asia-Pacific markets set to open higher, tracking Wall Street gains
Aerial view of Mt. Fuji, Tokyo Tower and modern skyscrapers in Tokyo on a sunny day. Yongyuan | E+ | Getty Images Asia-Pacific markets were set to open higher Friday, tracking gains on Wall Street following a batch of economic data that pointed toward a solid U.S. economy. Futures for Japan's benchmark Nikkei 225 in Chicago were at 38,220 while their counterpart in Osaka last traded at 38,170 compared with the index's Thursday close of 38,173.09 Futures for Hong Kong's Hang Seng index last traded at 24,178, compared with the HSI's last close of 24,035.38. Australia's S&P/ASX 200 was also set to start the day higher, with futures tied to the benchmark at 8,605, compared to the index's close of 8,565.1 in the previous session. U.S. stock futures ticked lower but major stock benchmarks were on course to end the week on a positive note. U.S. producer prices in May rose just 0.1% from the previous month, coming in cooler than the 0.2% jump expected by economists surveyed by Dow Jones. The softer reading helped boost major stock indexes, while bond yields declined, improving investor sentiment. This followed a cooler-than-expected consumer inflation report earlier in the week. Overnight stateside, all three key benchmarks closed higher. The S&P 500 rose, helped by a rally in Oracle that lifted the big tech sector. The benchmark climbed 0.38% to close at 6,045.26. The broad market S&P 500 now sits less than 2% off its record high. The Nasdaq Composite gained 0.24% and ended the day at 19,662.48. The Dow Jones Industrial Average added 101.85 points, or 0.24%, settling at 42,967.62. — CNBC's Lisa Kailai Han, Pia Singh, Sean Conlon contributed to this report. The major averages closed Thursday's trading on a positive note. The S&P 500 added 0.38%, ending at 6,045.26. The advance brings the broad market index less than 2% off from its February record high. The Nasdaq Composite gained 0.24% to close at 19,662.48. Finally, the Dow Jones Industrial Average added 101.85 points, or 0.24%, settling at 42,967.62. — Darla Mercado
