AGP Executive Report
Last update: 9 hours agoYen Watch: Japan’s foreign reserves fell by $77bn in May to $1.306tn after fresh currency interventions, with officials warning of “decisive action” as the yen tests the 160-per-dollar line for a third straight session. Nuclear Power Shift: Japan’s industry ministry proposed replacing 2–5 ageing reactors by the 2040s and 11–14 by the 2050s, a first set of numerical targets since Fukushima, as AI and data-centre demand pushes electricity needs higher. AI Policy Debate: Japan’s digital minister warned the country could become an “AI colony” if it falls behind, defending a bill that would let AI firms train on sensitive data (including medical and criminal records) without individual consent. Market Mood: Japan’s Nikkei slipped as AI euphoria cooled after Broadcom’s forecast disappointment, dragging chip-linked stocks. Sports & Culture: Japan’s World Cup camp is buzzing after landmark friendly wins, while Cannes highlighted a strong Japanese presence amid tougher distribution economics. Community & Safety: Reports say discrimination toward Muslims in Japan is rising as the population nearly doubles, and Kyoto police continue searching for an American college student missing for a week.
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