Capital of Japan and a megacity in flux
A new documentary chronicles Oasis’ 2025 reunion tour, documenting the long‑standing feud between Noel and Liam Gallagher, their on‑stage unity, and the ecstatic fan response that followed. Directors Will Lovelace and Dylan Southern present rehearsals, the Cardiff comeback, and intimate moments that show how music can heal old rifts.
Global government bond yields have risen to multi‑year highs this week after renewed US–Iran fighting pushed Brent crude toward $90–$97 a barrel and revived inflation fears. Investors have dumped long‑dated sovereign debt from the US to the UK and Japan, forcing governments to pay sharply higher borrowing costs and pushing mortgage and corporate funding rates up.
Ukraine has warned airlines and insurers that expanding Ukrainian drone strikes have made Russian airspace unsafe for civilian flights. President Volodymyr Zelensky has said Ukraine is not targeting civilian aircraft but that "drone‑infested skies" require airlines to rethink routings. Moscow has called the warning "state terrorism" and pledged to protect airports and keep services running.
The government has scheduled an autumn budget for October 28 to extend public investment while sticking to fiscal rules. Leaders say the plan will fund devolution, defence, and growth strategies, but analysts warn higher borrowing costs and inflation pressures from the Iran conflict could constrain room for new spending.
Nvidia has enlisted six Wall Street firms to finance a $500 billion buildout of AI infrastructure, treating compute as a new asset class. The plan centers on financing data centers and GPU clusters for customers unable to pay upfront, with OpenAI-related projects and neoclouds in focus. Executives cite long-term value and revenue generation, while cautions focus on depreciation risk and China’s potential price competition.
Russian president Vladimir Putin has visited Iturup (Etorofu) in the disputed Kuril Islands, watched Pacific Fleet naval drills including live-fire missile launches, and toured a fish-processing plant, hospital and school. Japan has summoned the Russian ambassador and Prime Minister Sanae Takaichi and Foreign Minister Toshimitsu Motegi have called the visit "absolutely unacceptable," reaffirming Tokyo's claim to the islands.
Japan’s leaders face renewed regional scrutiny as Koizumi’s Yasukuni Shrine visit on the 81st anniversary sparks protests from China and South Korea, while Tokyo stresses a peaceful, postwar path.
Japan’s real GDP has grown at a 0.3% quarter-on-quarter pace in Q2, with annualized growth of 2.1%, driven by exports and government spending. Private spending has slipped, while energy costs and the Iran war have pressured prices. The Bank of Japan maintains a cautious outlook as wage growth remains tepid.
Japan has posted another trade deficit, with imports climbing 27.8% year over year and exports rising 23.2% in July, as the weak yen and Iran-related oil costs shape the outlook. The government is supporting chip subsidies even as energy costs weigh on households.
Sunao Takami, 58, has been hanged after being convicted for the 2009 Osaka pachinko-parlour arson that killed five and injured ten. Justice Minister Hiroshi Hiraguchi says the punishment reflects “careful and thorough considerations” amid ongoing global scrutiny of capital punishment. Takami’s execution is the first under Prime Minister Sanae Takaichi’s government and comes as Japan faces renewed calls for transparency.
Audrey Werro leads as the Diamond League heads to Zurich, with Keely Hodgkinson withdrawing due to readiness concerns. Dos Santos and Russell have set world-leading times, while Duplantis and Karalis push for 6.32m in pole vault.
A seven-year-old boy on Mount Fuji was found sitting on a bench near a mountain hut after his father left him to continue the ascent with his older son. The child, from Nagoya, was rescued by staff and police with no injuries reported. Authorities urge groups to pace themselves to protect all climbers.
Berkshire Hathaway has expanded its Alphabet stake and outlines how it plans to use energy assets to support hyperscale computing, while facing renewed community resistance to data-centre projects. Abel says Berkshire will sell energy to AI customers only if it wouldn’t raise costs for other customers, and Buffett’s Alphabet investment continues to loom large as AI reshapes the portfolio.
Prime Minister Takaichi has reframed the official residence as a workplace, reinforcing office functions and posting policy updates on X. Critics say the arrangement highlights work-life balance concerns as she pursues controversial reforms; her routine has coincided with falling support amid economic and gender-equality debates.
A magnitude 5.8–5.9 earthquake struck southern Ibaraki and rattled Tokyo, injuring dozens across five prefectures. Trains faced delays; Shinkansen service remains normal. Authorities set up a task force to assess damage as residents brace for possible aftershocks.
Japan’s lawmakers are in Beijing to restore channels after Tokyo’s Taiwan remarks soured ties; discussions with Chinese officials run through Thursday as both sides seek to mend diplomatic and economic links.
Unknown man has been found dead in the landing‑gear wheel well of an Air Arabia plane that arrived from Tangier, Morocco. Coroners say conditions inside the wheel well are extremely cold and oxygen is scarce; post‑mortem results list cardiac arrest, hypoxia and hypothermia as the cause. An inquest is ongoing.
The ITIA has handed Markéta Vondroušová a four-year ban for denying a doping control at her home in December 2025. The ban is set to end on 21 June 2030. CAS is reviewing the appeal, with a hearing date not yet scheduled. Vondroušová maintains she has never doped and faced months of stress linked to the case.
Waymo plans phased testing in Munich this autumn, building high-definition maps and adapting software to the city’s conditions before a public launch by end-2027. The rollout in Munich marks another international expansion as Waymo targets a broader European footprint amid competition with Tesla and other AV players.
Honda plans to cut over $9 billion in costs by 2030 and asks suppliers to trim prices while expanding use of Chinese components; Honda and Nissan will jointly develop SDV-focused electronic control units for a 2029 rollout. Hyundai is accelerating US growth with a massive Georgia plant, a major metaplant expansion, and a target to lift US-made vehicles share.
Nvidia has reported another monster quarter, surpassing expectations with a 70% forecasted revenue increase for fiscal 2028 while signaling broader AI infrastructure growth. The company notes demand is accelerating, while supply constraints and rising memory costs pose ongoing challenges. Nvidia is expanding its financing partnerships to back AI data centers, and Meta’s $16.7 billion settlement adds regulatory attention to the AI stack.
SK Hynix has opened a US packaging facility in Indiana, a centerpiece of its plan to boost domestic memory production for AI. Production is slated to begin in 2028, with a larger role for the US supply chain and 1,000 jobs at full operation. Meanwhile, Kioxia plans a third plant in Japan as global memory suppliers expand capacity to meet AI demand.
Yayoi Kusama has died at 97, her studio has announced. The Japanese artist has become globally famous for polka dots, Infinity Nets and Infinity Mirror Rooms, and she has continued to paint into her final days. Her work has drawn huge museum audiences and influenced generations of artists across pop, minimalism and performance art.
Yayoi Kusama has died at 97 in Tokyo, with a life spanning seven decades of radical art. Born in Matsumoto in 1929, she rose from early visions to international fame, with Infinity Mirror Rooms and pumpkin motifs shaping modern sculpture and installation art.
In Zurich, Dos Santos and Russell set world records in sprint hurdles, with Werro nearing a 800m world record. Duplantis clears 6.25m in a high-stakes pole vault, as Wanyonyi claims a world-leading 800m time; crowd witnesses multiple all-time moments.
Japan’s Earthquake Research Committee has updated risk projections for the Kinki region, including Osaka and Kobe, citing a 50–60% chance of a magnitude 6.8+ quake over the forecast period. The assessment, based on 45 active faults, places Kinki’s risk on par with Tokyo’s region, amid broader concerns about a Nankai Trough megathrust event that could devastate coastal areas.
The Seoul Central District Court has found Han Hak-ja, 83, guilty of illegal political donations and bribery related to efforts to influence South Korea's political scene. The court has handed two-year sentences across involved parties, and related cases of Kim Keon Hee are noted with earlier and subsequent penalties.
US carriers are returning to Ben Gurion, expanding seats as demand climbs for the Jewish New Year and holidays. Despite new capacity, fares remain high through autumn, with relief not expected until November as demand shifts post-election.
American Airlines is retrofitting its Boeing 777-300ER fleet to feature 144 premium seats and eliminate Flagship First. The move expands business-class capacity while keeping some premium offerings and lounges in the works, as part of broader premium-travel push.
Top long jumper Davis-Woodhall has suffered a severe concussion in a rear collision while en route to training. She remains uncertain for the inaugural World Athletics Ultimate Championships in Budapest, with prize money of $150,000 for each event winner.
State and federal records show a pattern of environmental and safety violations at Nippon Dynawave Packaging in Longview, WA, ahead of a deadly tank failure that released caustic liquid. Investigations are ongoing as workers seek accountability and safety reforms.
The United States has launched a broad campaign to dismantle the ICC, arguing it threatens sovereignty and targets US officials. The push follows arrest warrants for Benjamin Netanyahu and other moves linked to Gaza. Governments abroad are defending international justice while warning that unchecked actions could erode due process and undermine global accountability.
Tokyo-based chip designers plan to deliver samples of new AI chips to customers in H1 2027, aiming for commercial rollout by December 2027 and profitability within three years. Bloomberg reports CEO Daisuke Okanohara says the firm is tailoring chips to run AI models and pursuing global client contracts.
Temasek Holdings is raising ACP III, continuing a credit-focused strategy after securing $320 million for ACP II. Separately, L Catterton is nearing a deal to take a controlling stake in Hyrox, potentially valuing the company at about €600 million as it expands in Asia.
Shinjuku ward will bar private lodgings in residential areas and near schools, reducing days available for rental from 180 to 120. The move follows growing resident complaints about noise, rubbish and trespassing amid Japan’s tourism push toward 2030 targets.
The EU Commission has proposed a framework to let cities curb short-term rentals in areas facing housing stress, with rules that require evidence-based, non-retroactive measures. The plan aims to stabilize urban housing by guiding local enforcement while protecting the housing supply and noting industry pushback.
Japanese government bond yields have reached near three-decade highs, prompting investors to rethink cross-border capital flows. Some managers say domestic demand may attract more home capital as yields rise, while others caution that even a modest shift could ripple through yen and global bond markets. Tokyo’s foreign holdings data show a marked retreat from overseas securities, underscoring potential policy and funding implications.