A drone filming the illuminated Nagoya City Hall headquarters crashed into a building across the road shortly before 9 p.m. on September 17, with police investigating whether the flight may have violated Japan's Civil Aeronautics Act. (News On Japan)
Japan's Silver Week began on September 19 with five consecutive days off for the first time in 11 years, drawing crowds to food and festival events across the country despite rainy weather in the Kanto region as Typhoon No. 25 approached. (News On Japan)
Volcanic smoke continues to rise from Mount Tokachi (Tokachidake), an active volcano in Daisetsuzan National Park in Hokkaido, one week after its eruption alert level was raised to Level 3, restricting entry to the mountain and prompting a series of cancellations at nearby hot spring inns just before the peak autumn foliage season. (News On Japan)
The 20th Asian Games opened on September 19 with a ceremony at Paloma Mizuho Stadium in Nagoya, launching competition across venues in five prefectures through October 4. (News On Japan)
The Bank of Japan raised its policy rate from 1.0% to 1.25% on September 18, taking borrowing costs to their highest level in 31 years and accelerating the pace of monetary tightening as persistent inflation and concerns over fiscal expansion put upward pressure on interest rates. (News On Japan)
Drinking parties remain a lively part of social life in Kansai even as younger generations increasingly turn away from alcohol and izakaya bankruptcies rise at a record pace, with customers describing the gatherings less as occasions to drink heavily and more as opportunities to maintain friendships, meet new people and build connections across generations. (News On Japan)
A market spread is generally the difference between two market prices. Most commonly, traders use the term to describe the bid-ask spread: the difference between the highest price a buyer is currently prepared to pay and the lowest price a seller is prepared to accept. (News On Japan)
Anonymous and fluid criminal groups known in Japan as "tokuryu" are adopting increasingly elaborate tactics, including a scheme in which elderly victims are persuaded to hide cash inside refrigerators before thieves enter their homes, as authorities struggle to combat networks whose members often have no direct contact with one another. (News On Japan)
The yen strengthened by more than 1 yen against the dollar in a short period late on September 18 after the Bank of Japan conducted a rate check, a step commonly taken in preparation for possible intervention in the foreign exchange market. (News On Japan)
Tokyo stocks rose sharply on September 18, with the Nikkei 225 climbing to around 65,350 in afternoon trading after the Bank of Japan raised interest rates to 1.25%, as the yen weakened and investors bought artificial intelligence and semiconductor-related shares. (News On Japan)
The Bank of Japan raised its policy interest rate from 1.0% to 1.25% on September 18, lifting borrowing costs to their highest level in 31 years as policymakers moved to contain growing inflation risks, but the yen weakened sharply after the decision as markets focused on two dissenting votes and uncertainty over the pace of further increases. (News On Japan)
Japan secured a place in the women’s soccer quarterfinals at the Aichi-Nagoya Asian Games with one group-stage match remaining after overwhelming Vietnam 8-0 for its second consecutive victory. (News On Japan)
A rare pod of around 50 dolphins was spotted swimming through the Seto Inland Sea off Ozu, Ehime Prefecture, with dozens of dorsal fins repeatedly breaking the surface as the animals moved together. (News On Japan)
Prime Minister Sanae Takaichi launched her first cabinet reshuffle since taking office, keeping core economic, foreign-policy and security ministers in place while replacing a broad group of other ministers in an attempt to stabilize her government before a difficult autumn of tax, budget, monetary policy and diplomatic battles. (News On Japan)
The Kyushu Shinkansen will resume operations along its entire route on September 18 after suffering extensive track and other damage in the Kumamoto earthquake, raising hopes that the long-awaited restoration will help revive tourism in disaster-hit areas ahead of the Silver Week holiday period. (News On Japan)
A luxury mansion in Bangkok described as resembling a palace was being used as a base for a specialized fraud operation targeting Japanese people, with Thai authorities detaining 14 people, including four Japanese men. (News On Japan)
A black bear has been spotted near one of the most popular hiking trails on Mount Takao in western Tokyo, prompting authorities to urge visitors to take precautions ahead of the five-day Silver Week holiday and the approaching autumn foliage season. (News On Japan)
Starbucks is considering selling a majority stake in its Japanese business, potentially valued at as much as $3 billion, or about 470 billion yen, as the U.S. coffee chain seeks to concentrate management resources on its struggling North American operations. (News On Japan)
Tokyo stocks rose on September 17, with the Nikkei 225 closing at 64,136, up 213.25 points, as investors bought selected technology, pharmaceutical, insurance and consumer-related shares after the Federal Reserve’s rate hike, though gains were capped by a stronger dollar, renewed yen weakness and caution before the Bank of Japan’s policy decision. (News On Japan)
Hakone, one of the Kanto region's most popular tourist destinations, has been left with just two operating gas stations after a series of closures, prompting the town to provide more than 10 million yen in subsidies to help reopen a shuttered facility. (News On Japan)
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