Japanese Economy
Nikkei average plunges over 1,000 points on yen surge
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Japan's Nikkei 225 stock average tumbled more than 1,000 points early Monday amid a surge in the yen against the dollar, dipping below 53,000. The currency's strength has fueled speculation of foreign exchange intervention by Japanese and U.S. authorities, heightening market tensions.
Three major Japanese convenience store operators have reported growth in group operating profits for the March-November 2025 period. Seven & I Holdings, Lawson, and FamilyMart each posted gains driven by various strategies.
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In the 1980s, Japan invested billions to lead in artificial intelligence while Silicon Valley was still emerging. Tokyo's neon-lit laboratories drove cutting-edge programs. This history frames today's re-engagement with AI as 'catching up.'