Thursday, July 29

Japan

Ambassadorships, Australia, Caroline Kennedy, Foreign Policy, Japan, Joe Biden, Politics, Ted Kennedy

Biden set to nominate Caroline Kennedy as US ambassador to Australia: report

LoadingSomething is loading. President Joe Biden is set to nominate Caroline Kennedy to become the next ambassador to Australia, according to a CNN report.Kennedy, the daughter of former President John F. Kennedy and former first lady Jacqueline Kennedy Onassis, served as ambassador to Japan from 2013 to 2017 under then-President Barack Obama.She is a longtime friend and political ally of Biden, and spoke during the Democratic National Con...
Aegis, hwasong-12, ICBM, InsiderAsia, intermediate-range missle, International, Japan, Mildef freelance, Military & Defense, Missile Defense, News Contributor, North Korea, South Korea

What dodging North Korean missiles taught me about shooting down Kim Jong Un’s growing arsenal

A North Korean missile launch in August 2017 sent people in South Korea and Japan scrambling to bunkers. The missile broke up and fell into the Pacific, but North Korea's growing missile arsenal remains a concern. The US, South Korea, and Japan all have missile defenses, but stopping an incoming missile is no easy feat. LoadingSomething is loading. ...
coronavirus, COVID-19, COVID-19 vaccine, Employees, home construction, Homebuilder, Homebuilders, Japan, Japanese Stocks, Markets, MI Exclusive, Real Estate, Stocks

A Japanese homebuilder’s stock fell 10% after the boss banned staff from getting vaccinated-and said those who do would be punished

A man receives a COVID-19 vaccine at the Tokyo Metropolitan Government office. YOSHIKAZU TSUNO/POOL/AFP via Getty Images Japan homebuilder Tama Home's stock fell 10% on a report its boss threatened vaccinated employees. The president said those who get jabbed would die five years later, a weekly magazine reported. The company denied the report, saying the decision to get vaccinated is an individual choice. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares in Japanese homebuilder Tama Home fell 10% on Wednesday, marking their biggest one-day fall in over three years, after a report said the company's president warned employees they'd be punished if they get vaccinated for coronavirus.Company president Shinya Tamaki told managers he was against vaccin...
Afternoon tea, Fast Food, Food, Japan, Retail, Starbucks, Starbucks Reserve, starbucks roastery

Starbucks is serving a luxury $42 afternoon tea at its massive 4-story roastery in Tokyo. Here’s what you get.

Starbucks is serving a $42 afternoon tea to celebrate 25 years in Japan. The luxury afternoon tea comes with eight small sweet cakes and three savory items. It's so popular that Starbucks says it may have to hold a lottery to allocate spots. LoadingSomething is loading. ...
International, Japan, Moon Jae-in, Olympics, Politics, Reuters, South Korea, Sports

South Korean president Moon Jae-in cancelled his Japan trip after reports that a Japanese diplomat described Moon’s efforts to improve the countries’ relations as’masturbating’

South Korean President Moon Jae-in will not visit Tokyo for the upcoming Olympics, his office said on Monday. His cancellation comes after the media reported that a Japanese diplomat described Moon's efforts to improve the countries' relations as "masturbating." Prime Minister Yoshihide Suga declined to comment on Moon's decision, but described the diplomat's remarks as "inappropriate." See more stories on Insider's business page. South Korean President Moon Jae-in will not visit Tokyo for the upcoming Olympics, his office said on Monday, scrapping plans for what would have been his first summit with Prime Minister Yoshihide Suga.T...
government pension investment fund, GPIF, Japan, Markets, Masataka Miyazono, MI Exclusive, Pension Funds

The world’s biggest pension fund made $339 billion in a single year as its investments returned a record 25%

Japan's GPIF President Masataka Miyazono. REUTERS/Issei Kato Japan's Government Pension Investment Fund-the world's biggest pension fund-reaped in record returns for the 12 months ended March 31, Bloomberg first reported.The GPIF took in a 25% return, or 37.8 trillion yen ($339 billion), over the period. That marked a record for the fund dating back to its inception in 2001. It was also the first time in seven years that the fund beat its benchmark.Overseas stocks were the biggest positive driver, returning 59.4%, while domestic equities climbed 41.6%. Overseas debt rose 7.1%, while Japanese debt lost 0.7%, Bloomberg found.GPIF President Masataka Miyazono did warn, however, that the robust stock-market gains enjoyed by the fund are unsustainable and benefited from temporary tailw...
coronavirus, International, Japan, Olympics, Science

A member of Uganda’s Olympic team tested positive for COVID-19 in Japan after being vaccinated and testing negative before travel

A member of Uganda's Olympic team tested positive for COVID-19 in Japan after getting AstraZeneca's vaccine and testing negative at home, The Washington Post reported. It's the first detection of the virus in incoming athletes five weeks ahead of the games.The member who tested positive was denied entry into the country and was instead sent to a government-run facility while the rest of the team was able to head to Osaka. Japan is waiving the required two-week quarantine for international travelers for many Olympic teams but athletes will need to be tested daily for the virus. While vaccines are not 100% effective at stopping infection, the number of people who are fully va...
Condoms, International, Japan, Olympic Althetes Village, safe sex, Sex, Social Distancing, Sports, tokyo, Tokyo Olympics, Weekend BI UK

Tokyo Olympics organizers are handing out more than 150,000 condoms to athletes — but also asking recipients not to use them at the Olympic village

Organizers of the Tokyo Olympics plan to hand out more than 150,000 condoms to athletes. They'll also ask the more than 11,000 athletes at the games to continue social distancing. "The distributed condoms are not meant to be used at the Olympic Village," an official told AFP. See more stories on Insider's business page. Organizers of the Tokyo Olympics plan to hand out more than 150,000 condoms to the world's top athletes — but will also ask them to not use them at the Olympic village, according to multiple reports. The organizing committee made the request last week, Agence France-Presse reported.The wire service said Japan's con...