In this week’s news roundup, we reported on the Bank of Japan’s decision to raise interest rates. As a result, yen buying momentum increased, and the yen ultimately strengthened against the dollar. Other news this week focused on the Paris Olympics. As of this writing, Japan is fifth in the medal table, with eight gold medals, three silver medals, and five bronze medals. Let’s take a look at the country’s highlights so far.
Yen strengthens against dollar after Bank of Japan rate hike
On Thursday, the yen strengthened to 148 yen against the dollar for the first time since mid-March. The appreciation came on the back of the Bank of Japan’s (BOJ) decision to raise interest rates. According to market sources, yen buying momentum picked up soon after the rate hike was announced on Wednesday. The BOJ raised its benchmark rate to around 0.25% from a previous range of 0% to 0.1%. Back in March, the BOJ raised borrowing costs for the first time in 17 years. Japan was once the last country in the world to have negative interest rates.
Asked at a news conference whether the move was hasty, Bank of Japan Governor Kazuo Ueda replied: “If we adjust interest rates now, things will become easier, even if only a little. It will depend on the incoming data, but if they meet or even exceed our forecasts, we will make additional adjustments to short-term rates.” The Bank of Japan also decided to halve its monthly bond purchase pace by 400 billion yen per quarter. Currently, the Bank of Japan buys about 6 trillion yen worth of government bonds each month. By the first quarter of 2026, this figure will fall to 3 trillion yen.
Japan wins three judo gold medals
Japanese athletes got off to a strong start at the Paris Olympics, winning four gold medals on the opening weekend of the Games. Two of them came in judo. Natsumi Tsunoda won Japan’s first gold medal in the under-48 kg event on Saturday. She defeated Mongolia’s Basanku Bavudorji with her signature throw in the final. Japan’s second judo gold medal came from Hitoshi Abe in the men’s under-66 kg event. He defeated Brazilian William Lima with a one-pointer in the final to defend the title he won in Tokyo three years ago.
However, it was a bittersweet day for the Abe family as Hifumi’s sister Uta lost in the second round to Uzbekistan’s Diyora Keldiyorova and left the arena in tears. Japan’s third judo gold medal came from Takanori Nagase in the -81kg category. He faced Georgia’s Tato Grigalashvili in the final, winner of the past three world championships. Nagase won with a Gu Yijun He won the match in one stroke using the same technique at the start. Other Japanese judo medalists include Murao Sanshiro, Hashimoto Soichi, Funakubo Haruka and Nagayama Tatsuki.
Nobunosuke Oka unexpectedly wins all-around gymnastics gold medal
The match was billed as China’s Boheng and Japanese Hashimoto DaikiBut in the end, it was Hashimoto’s compatriot Nobuyuki Oka who stood on the podium after the men’s gymnastics all-around final. The 20-year-old Okayama native is known for his Score 86.832,edge Shohei Okamoto won the gold medal by 0.233 points, extending Japan’s winning streak in the individual all-around to four, following Kohei Uchimura’s wins in London and Rio and Shohei Hashimoto’s victory in Tokyo. This was his second gold medal at the Olympics, after helping Japan win Team victory on Monday.
Opportunities in Japan look like The competition is over. Going into the final event, the horizontal bar, China is well ahead with 3.267 points. Barring any drama, they will win the men’s team all-around gold medal for the first time since 2012. Then Su Weide stood up. He fell twice and only got 11.60 points. Suddenly, the Japanese team seized the opportunity again. All eyes are focused on Hashimoto. Captain and Amulet I have been struggling, but Achieved a high score of 14.566. Required score of 15.265 open Then It turns out that the Japanese team won the championship A record eighth time.
Koko Yoshizawa and Yuto Horikome both won the street skateboarding podium
Japan swept the women’s street skateboarding event. 14-year-old Coco Yoshizawa defeated compatriot Liz Akama, 15, to win the gold medal. Tokyo Olympic bronze medalist Toyona Nakayama was also expected to win the title, but she failed to score any of her five best tricks in the final and finished seventh. Yoshizawa is the second consecutive Japanese Olympic champion in this event. Koji Nishitani, who won the gold medal three years ago, failed to qualify this time.
On the men’s side, Yusaku Horigomi defended his title from three years ago at the Tokyo Olympics. This time, however, his victory came in front of a crowd of 5,000 people, including legendary rapper Snoop Dogg. There’s only one trick left to perform. The 25-year-old Japanese skateboarder Something special must come out of it Bag. He is far behind leaders Nyjah Huston and Jagger Eaton, both of whom are from the United States. He then hit an astonishing 270 nollies Blunt Circular railing along the 10 steps. take over Score 97.08He won the second continuous gold medal.
Kanogi Koki wins gold medal in fencing
Japan’s other gold medal this week came from Koki Kano, who defeated France’s Yannick Borel 15-9 in the men’s individual epee final. on Sunday Became the first Japanese fencer to reach the podium in an individual event. “I wanted to come here and win the gold medal in the individual event, and I did it,” he explain. Four days after Koei’s victory, Japan won its first medal in the women’s foil event. Yuka Ueno, Komaki Kikuchi, Sera Azuma and Karin Miyawaki won the bronze medal by defeating Canada 33 to 32. The United States won the gold medal by defeating Italy 45 to 39.
Japan’s Events Meanwhile, the Chinese team won the country’s first equestrian medal since 1932. They came in third behind Britain and France. After the incident, Yoshiaki Oiwa Selfie with his horse MGH Grafton Street Viral. He plays with Kazuma Tomomoto (Vincy de La Vigne)Kitajima Ryuzo (waiter) and Tanaka Toshiyuki (Jefferson)Another medal for Japan this week came from 18 years old Tomoyuki Matsushita. he 2nd place in 400m individual medley Second only to French star Leon Marchand. “I have overcome many challenges in this competition and I am very happy,” said Matsushita. After the game. Seto Daiya Ranked seventh.
Spurs beat Vissel Kobe with last-gasp goal
In other sports news, Tottenham Hotspur beat Wiesel Kobe won 3-2 at the National Stadium on Saturday. 16-year-old Mickey Moore scored the winning goal in the 88th minute. Pedro Porro and Son Heung-min also scored for the English team. Kobe’s goals came from Yuya Osako and Jean Patrick. Meanwhile, Brighton and Hove Albion followed up their 5-1 win over Kashima Antlers with a 4-2 win over Tokyo FC. Emerald Green Bundesliga side Stuttgart scored 10 goals in two games in Japan on Sunday as they beat Kyoto Sanga 5-3 at the National Stadium. Holy Arrow Hiroshima 5-2.
In football transfer news, Nine classes The 21-year-old Matsuki has moved from FC Tokyo to Premier League club Southampton. He will immediately be loaned out to Turkish side Göztepe“I hope to use the various experiences I have gained at FC Tokyo and continue to take on challenges in the way I am accustomed to,” Matsuki said via his former club’s website. He is the third Japanese player Southampton have brought in this summer, having previously played as a right-back. Xingcheng Sugawara and the 17-year-old forward easy Takaoka. The latter has signed a preliminary pre-contract agreement. The agreement will become official when he turns 18 next March.