
Japan and the United States Move Together to Defend the Yen
A historic coordinated intervention leads an edition examining the cost of defending the currency, the BOJ’s September choice, inflation, government bonds and the changing relationship between Japan’s markets and households.
Four Stories to Read First
Intervention, reserves, BOJ and bonds




Four Selected From August 3
Hotel, labor, coffee and café technology




Today’s News: 14 Stories
10 new stories + 4 selected from August 3

Japan and United States Confirm Historic Joint Action to Defend Yen
Japan and the United States coordinate yen buying, reshaping expectations for inflation, exporters and the credibility of currency policy.

The ¥9 Trillion Question: How Much Did Japan Spend Defending the Yen?
What does the roughly ¥9 trillion estimate mean? A guide to reserves, financing, disclosure and the historical cost of intervention.

BOJ Opens Door to September Rate Increase as Inflation Risks Rise
Behind the unchanged 1% rate, an 8-1 vote and stronger inflation warnings move September into focus.

Japan’s ¥2.6 Trillion Bond Auction Tests Markets After Yen Intervention
The August 4 ten-year JGB auction becomes a test of demand after intervention, BOJ normalization and fiscal concern.

From 1998 to 2011 and 2026: Japan’s History of Currency Intervention
From buying yen in 1998 to selling it in 2003-04 and 2011, then buying again: how Japan’s intervention logic changed.

Tokyo Inflation Accelerates as Energy and Import Costs Spread
Tokyo core inflation rises to 1.9% as energy, food and currency costs spread into household budgets and BOJ calculations.

Japan’s New Intelligence Bureau Begins Work With Cyber and Economic Security Mandate
Japan’s new bureau begins with about 700 staff and a mandate spanning cyber defense, economic security and foreign interference.

Earthquake Losses Spread to Kumamoto Farms, Tourism and Small Businesses
The damage extends beyond buildings into irrigation, refrigeration, bookings, supply chains and small-business cash flow.

Yokohama Exhibition Traces Marie Antoinette’s Lasting Influence on Art and Fashion
About 200 objects trace how the queen’s image survived monarchy and entered fashion, cinema and popular culture.

Rare Ryukyu Records Reveal Okinawa’s Maritime Links Across East Asia
Maps and records recast the Ryukyu Kingdom as a maritime hub linking Japan, China, Korea and Southeast Asia.

The Hotel in the Sky Comes Down to the Street: Park Hyatt Tokyo’s Delicatessen Begins Again
Park Hyatt Tokyo’s ground-floor Delicatessen reopens as an all-day neighborhood café.

The Customers Returned. The Workers Did Not: Foreign Staff and Robots Redesign Dining
Foreign workers, serving robots and shorter hours are becoming part of Japan’s new restaurant operating model.

Brewing Memory: World Champion Tetsu Kasuya Returns to Funabashi’s Old Roastery
PHILOCOFFEA turns its original roastery into a 16-seat café and revisits Japan’s specialty-coffee rise.

Automate the Cup, Not the Barista: CAFERES JAPAN 2026 Asks What Human Time Is For
Machines, POS systems and cloud tools ask whether automation can restore human hospitality rather than replace it.
15. Today’s Art Choice
French Rococo / Marie Antoinette / Decorative arts

Today’s Art Choice: French Rococo Elegance and the World of Marie Antoinette
Pastel color, gilded curves, porcelain, fashion and political contradiction: today’s Art Choice explores how Rococo became one of history’s most recognizable languages of luxury.
Read the Art Choice →