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Japan Tag

Japan is offering financial incentives to its companies willing to divest from China. Tokyo has "offered a group of 87 companies subsidies totaling US$653 million to expand production at home and in Southeast Asia," Hong Kong newspaper the South China Morning Post reported on Wednesday. China is getting increasingly worried "as Japan bankrolls exodus of firms," the daily added. 

Japanese Prime Minister Shinzo Abe is meeting with President Trump at in Mar-a-Lago, with trade and North Korea being two of the key topics the leaders will discuss.
Abe is set to arrive Tuesday at Trump’s winter resort in Palm Beach, Fla., for two days of meetings as concerns mount in Tokyo that Trump’s risky diplomatic gambit with Kim Jong Un could undermine Japan’s security. Abe also was blindsided by Trump’s decision not to grant Japan a waiver on new steel and aluminum tariffs, as he did for other U.S. allies and partners.

There are days in the year we should commemorate yearly: 9/11, D-Day, V-Day, July 4. December 7, the day the Japanese attacked Pearl Harbor, is one of those days. We lost 2,400 in the attack, the majority on the USS Arizona. Today at Pearl Harbor, a sailor who saved six men finally received his recognition. Also, President Donald Trump signed a presidential proclamation to recognize December 7 as National Pearl Harbor Remembrance Day. Seven survivors joined him for the event.

South Korean authorities have announced that North Korea shot a ballistic missile towards Japan. This is the first launch since the communist kingdom shot one in September. From Fox News:
South Korea's Yonhap News Agency, which first reported the launch, said the missile "flew eastward from the vicinity of Pyongyang" toward the Sea of Japan, according to South Korean military officials. The missile launch happened around 3 a.m. in North Korea. South Korea’s military had reportedly staged a “precision strike” missile exercise in response.

Thirty-somethings in Japan aren't having sex and it could lead to the end of Japanese culture as we've known it. Without sex, there are no kiddos and without a generation to perpetuate it, the culture is doomed. In what's referred to as a "demographic time bomb", death rates are far above birth rates, leading to instability in every market from housing to investment, according to The Independent.

It was a busy day in New York concerning North Korea. We learned that China's central bank told banks to stop working with North Korea. President Donald Trump met with South Korean President Moon Jae-in and Japanese Prime Minister Shinzo Abe to discuss the North Korean nuclear crisis. Trump also announced new sanctions against North Korea. From The Hill:
Speaking at the United Nations before a working lunch with Japanese Prime Minister Shinzo Abe and South Korean President Moon Jae-in, two key allies in the region, Trump said the order would significantly expand the U.S.’s ability to crack down on individuals and companies that do business with North Korea. The president said he had empowered the Treasury Department to “target any individual or entity that conducts trade in goods, services or technology” with North Korea.

South Korea's government reported that North Korea fired another missile over Japan from Sunan, which is located just north of Pyongyang, at 6:30AM local time. From CNN:
The missile flew about 3,700 kilometers (2,300 miles) and reached an altitude of 770 kilometers (480) miles. It landed in the Pacific Ocean, South Korea said.