February 22, Thursday, 2024

1. The benchmark index for the Tokyo Stock Exchange set an all-time high on Thursday. It has taken more than 34 years for the Nikkei 225 to reach that level. Thursday’s trading saw it cross the 39,000 mark for the first time ever, reaching 39,156 at one stage.
2. Japan’s Foreign Minister Kamikawa Yoko has strongly condemned Russia’s invasion of Ukraine and called for bringing about lasting peace as soon as possible. Kamikawa was speaking at the G20 foreign ministerial meeting that opened in Rio de Janeiro on Wednesday. The participants include Russian Foreign Minister Sergey Lavrov.
3. The British government has imposed sanctions on six individuals in charge of the Arctic penal colony where Russian opposition leader Alexei Navalny died last week.
The Foreign Office announced on Wednesday that the officials will be banned from Britain and their assets will be frozen.

February 21, Wednesday, 2024

1. The Japanese government is accelerating its push for offshore wind power. It sees floating turbines as more suitable for the country, and is preparing for tests. The government has set offshore wind power as one of the pillars of its renewable energy policy. But the country has few shallow sea areas suitable for the anchored types, leaving floating versions as a more feasible option.
2. A private survey has found that workers at most small-and-medium-sized firms in Japan can expect wage hikes in fiscal 2024. But the margin of the increase will not be as big as this year. Labor and management are currently discussing sustainable pay increases in the annual spring wage negotiations.
3. The Italian government says leaders of the Group of Seven nations will hold an online summit on Saturday, exactly two years from the start of Russia’s invasion of Ukraine. Italy said on Tuesday that the leaders will discuss support for Ukraine. Ukrainian President Volodymyr Zelenskyy is expected to join the talks.