TOKYO (Reuters) - Japanese life insurers are giving signs that they may not send much more of their $3 trillion in assets abroad this year, as Japanese government bond yields start picking up, despite hinting last month that they might boost their foreign bond holdings to seek higher returns. Full story
OSAKA, Japan (Reuters) - Two elderly South Korean women forced to work in Japanese war-time military brothels canceled a meeting on Friday with the mayor of the city of Osaka after he refused to withdraw remarks asserting the brothels were "necessary" at the time. Full story
Prime Minister Shinzo Abe is traveling to Myanmar on the first visit to the country by a Japanese leader in 36 years, as Tokyo bids to reassert its position as a top economic partner after decades of frosty relations with the previous military regime. Full story
TOKYO (Reuters) - This week's turbulence in Tokyo markets exposes a key risk of Prime Minister Shinzo Abe's all-in strategy to revive Japan's economy - if investor confidence falters, the government and the Bank of Japan may be left with few options to turn the tide. Full story
LONDON (Reuters) - World share markets looked vulnerable to further falls on Friday, with better economic news from Europe doing little to encourage investors who are worried that central bank stimulus may curtailed. Full story
SYDNEY (Reuters) - Asian stocks fell to one-month lows on Friday and the yen rebounded broadly as extreme volatility in the Nikkei kept investors on edge. Full story
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.
Kyle Bass, Hayman Capital Management, says rational investors are starting to sell Japanese government bonds.
Bang Chung-Ja, co-chair of the Korean Council for Women Drafted for Military Sexual Slavery, hands over a protest petition to an Osaka City Hall official in Osaka, western Japan, in this photo taken by Kyodo May 24, 2013. Two elderly South Korean women forced to work in Japanese wartime military bro
Protesters holding placards attend a rally in front of Osaka City hall in Osaka, western Japan, in this photo taken by Kyodo May 24, 2013. REUTERS/Kyodo
