News Summary: Japan's leader defends 'Abenomics'
DEFENSE: Japan's leaders defended the economic strategies championed by Prime Minister Shinzo Abe a day after Tokyo stocks suffered their worst loss since the 2011 tsunami disaster. Full story
DEFENSE: Japan's leaders defended the economic strategies championed by Prime Minister Shinzo Abe a day after Tokyo stocks suffered their worst loss since the 2011 tsunami disaster. Full story
The operator of a Cold War-era plant in western Kentucky that supplies enriched uranium to nuclear power plants said Friday it planned to cease production after federal energy officials decided to end its work, putting more than 1,000 workers out of high-paying jobs with benefits. Full story
NEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Full story
LONG TIME GONE: Prime Minister Shinzo Abe arrived in Myanmar on Friday on the first visit to the country by a Japanese leader in 36 years. Tokyo wants to expand economic ties after frosty relations with the previous military regime. Full story
New York Senator Charles Schumer sent a letter to the FCC and the Treasury requesting more scrutiny of the recent Sprint deal with Japan's SoftBank. Derek Scissors, Heritage Foundation, weighs in.
Fishermen in Japan haul in then release an endangered 300-pound leatherback turtle that was far from its tropical home. TODAY.com's Dara Brown reports.
Researchers in Japan show off their odor sniffing robot dog that rolls over and plays dead when your feet smell bad. NBCNews.com's Dara Brown reports.
Japanese climber Yuichiro Miura, 80, has earned the title of the oldest person to reach the summit at Mt. Everest for the second time in his life. NBC’s Ann Curry reports.
Japan suffered its worst 1-day loss in more than 2 years, but the Nikkei is still up about 40 percent this year. Walter Zimmerman, United-ICAP says this type of drop could occur in the U.S., while Darren Wolfberg, BNP Paribas, doesn't think so.
As soon as yields hit 1 percent on the 10-year in Japan, there was massive covering in the yen, explains David Lutz, Stifel Nicolaus.
Gold has gained ground as investors sell stocks in Japan, Europe and the U.S., reports CNBC's Sharon Epperson.
Image: USS Biloxi shells Japanese positions on Okinawa on March 30, 1945.
Japan's Prime Minister Shinzo Abe and his wife Akie arrive to pay homage at the Martyrs' Mausoleum in Yangon May 25, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: POLITICS)
Japan's Prime Minister Shinzo Abe pays homage to the Martyrs' Mausoleum in Yangon on May 25, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: POLITICS)
Soldiers carry wreath during Japan's Prime Minister Shinzo Abe's visit to the Martyrs' Mausoleum in Yangon on May 25, 2013. REUTERS/Soe Zeya Tun (MYANMAR - Tags: MILITARY POLITICS)