Daily brief
Japan's 10-year government bond yield reached 3% for the first time since 1996 on September 1, amid a global debt selloff, with the benchmark yield hitting a 30-year high. The rise comes as US Treasury Secretary Bessent urged Bank of Japan Governor to take 'decisive' monetary steps to combat the weak yen, expressing confidence in yen appreciation measures. The yield movement reflects ongoing pressure on Japanese bonds and the yen, with the currency hovering near 160 per dollar.
JERA and JERA Cross launched a decarbonization project for rice packaging in Japan.
Toyota is preparing a new Hilux generation with electric and hybrid versions for 2027.
SoftBank-backed SB Energy filed for a US IPO as AI boosts infrastructure demand.
JR Hokkaido aims to resume full service on the Muroran Line after heavy rain damage.
by WorldBrief & Maksim Micheliov | AI-generated summary