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    North Korea, in the Spotlight Over Ukraine, Launches a Long-Range Missile

    The launch, into waters west of Japan, came shortly after the United States and South Korea criticized the North for sending troops to join Russia’s war. North Korea launched an intercontinental ballistic missile off its east coast on Thursday, South Korean defense officials said, shortly after the United States and South Korea condemned the country for deploying troops near Ukraine to join Russia’s war effort.The missile was fired from Pyongyang, the North Korean capital, at a deliberately steep angle so that it reached an unusually high altitude but did not fly over Japan, the South Korean military said in a brief statement. The missile landed in waters between North Korea and Japan.The military said it was analyzing data to learn more about the missile, but that it believed it was an ICBM. North Korea last tested a long-range missile​ in December, when it test-fired its solid-fueled Hwasong-18 ICBM.The launch on Thursday was the North’s first major weapons test since September, when it fired a new type of Hwasong-11 short-range ballistic missile, which it said could carry a “super-large” conventional warhead weighing 4.5 tons.On Wednesday, South Korean defense intelligence officials told lawmakers that North Korea might conduct long-range missile tests before the American presidential election next week. They also said that the North was preparing to conduct its seventh underground nuclear test, in a bid to raise tensions and gain diplomatic leverage with the next U.S. president. North Korea conducted its last nuclear test in 2017.In recent weeks, North Korea has posed a fresh security challenge to Washington and its allies by sending an estimated 11,000 troops to Russia to fight in its war against Ukraine. Thousands of them, outfitted with Russian uniforms and equipment, have moved closer to the front lines, preparing themselves for possible battle against Ukrainian troops, South Korean and American officials said.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Japan Election: Asia’s Most Stable Democracy Is Sent Into Chaos

    Deep-seated grievance among Japanese voters has put the Liberal Democrats, longstanding custodians of the status quo, on notice.For years, Japan has managed to resist the populist waves that have swept Europe and the United States as disaffected electorates have demanded radical change.But as voters handed the longtime governing party of Japan a resounding blow in snap parliamentary elections on Sunday, there were signs that their frustration could convert one of the region’s most stable democracies into a much more chaotic one.On the surface, it appeared that the center had held. Even though the Liberal Democratic Party, which has dominated Japanese politics for most of the postwar era, lost its majority in the lower house of Parliament, the Constitutional Democrats, who won the second-most seats behind the L.D.P., are another relatively centrist party.But minority parties on the far left and far right both gained seats. And while Shigeru Ishiba, who was selected by the Liberal Democrats as prime minister only a month ago, blamed the party’s dismal showing on a protracted political finance scandal, analysts said the sense of grievance among voters went far deeper.“The last 30 years of stagnation and the deterioration of the living standards, especially for young people — the frustration is there,” said Kunihiko Miyake, a former Japanese diplomat who is now a special adviser at the Canon Institute for Global Studies in Tokyo.Election results reflected voter discontent over flat wages, labor shortages and a rapidly aging population.Eugene Hoshiko/Associated PressWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    What Japan’s Political Uncertainty Means for Its Market Rally

    The long-ruling Liberal Democratic Party has lost its parliamentary majority, raising questions about the policy stability that has lured investors.The steady course of the Japanese economy and business environment that has helped attract a torrent of investment in the past two years could be undercut by the political turmoil resulting from the country’s parliamentary elections on Sunday.Japan’s economy, though not growing by leaps and bounds, has inched back from the disruptions of the Covid-19 pandemic. The emergence of long-sought inflation has given the Bank of Japan room to raise interest rates for the first time in nearly two decades.Following moves by Warren Buffett last year to increase his holdings in some of Japan’s biggest trading firms, investors have shifted their money to Japan from China, which has economic and geopolitical risks. Corporate earnings in Japan have remained solid and government-led changes, such as guidelines recommending takeover offers be given serious consideration, have prompted companies to take steps to enhance their appeal to investors.Stocks in Japan have experienced one of their strongest rallies in decades. The benchmark Nikkei 225 index is up nearly 50 percent since the beginning of 2023.Now, the Liberal Democrats — the political party that has governed Japan for all but four years since 1955 — has lost its majority in the powerful lower chamber of Parliament, leaving the future structure of the government and direction of its economic policies uncertain.“The reasons that Warren Buffett and others got excited about Japan are not lost, but you need the background that is a stable macro environment,” said Jesper Koll, a director at Monex Group, a financial services firm. “For now, the bastion of stability element that has made Japan attractive is not going to be working.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    For First Time in Decades, Japan Votes in a Knife-Edge Election

    The Japanese electorate seemed poised to punish the Liberal Democrats, even if it does not go so far as to hand power to the opposition.Japanese voters are not accustomed to nail-biter elections.But as the country holds parliamentary elections on Sunday, the party that has governed Japan for all but four years since 1955 is facing the possibility that it could lose its majority in the body’s lower chamber, the House of Representatives.Just one month after a leadership vote by the conservative Liberal Democratic Party anointed Shigeru Ishiba as the new prime minister, the party entered the election under considerable pressure from a public angered by a long-simmering political finance scandal, rising inflation and the burdens of raising families.That does not necessarily mean that Japanese voters are ready to hand the government to a divided and enfeebled political opposition, which last won a general election 15 years ago. Analysts said it was likely that the incumbent party would either eke out just enough seats to retain parliamentary power or would be forced to bring on new coalition partners to remain in charge.“What is most interesting about this election is its uncertainty,” said Masaru Kohno, a political scientist at Waseda University in Tokyo.Unlike in other countries, where the electorate is divided over ideology and vastly different policy platforms, Japanese voters are frustrated by a sense that all options are uninspiring and that the governing party has grown complacent.On the eve of the election, Mr. Ishiba stopped at a rally for a Liberal Democratic candidate near the Tokyo Dome, a baseball stadium in the northern part of the city. Acknowledging the instability in his party, he appealed to the undecided voters standing in the crowd of about 500 that had gathered on the edge of a playground.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Stocks Tumble in Japan After Party’s Election of New Prime Minister

    Stocks dropped after Japan’s governing party chose Shigeru Ishiba, a critic of the country’s longstanding ultralow interest rates, as its leader.Stocks in Japan fell sharply after the country’s governing party chose a leader some view as hawkish on interest rates, underlining how central bank decisions continue to set the course of the world’s fourth-largest economy after decades of easy money policy.On Friday, Japan’s Liberal Democratic Party elected Shigeru Ishiba, a proponent of raising interest rates to help curb inflation, as Japan’s next prime minister.Mr. Ishiba narrowly defeated Sanae Takaichi, a disciple of Shinzo Abe, who remains committed to the former prime minister’s longstanding policies aimed at strengthening Japan’s economy by maintaining ultralow interest rates.Japan’s benchmark Nikkei 225 index fell more than 4 percent in early trading on Monday.Some economists said the decline, which they described as the “Ishiba Shock,” was caused by the unwinding of stock trading that reflected expectations that Ms. Takaichi would be elected.The market jitters show how the recent L.D.P. election came at a pivotal moment for the Japanese economy.Following a recent surge of inflation, the Bank of Japan has raised interest rates twice this year. The bank’s governor, Kazuo Ueda, has indicated he plans to continue increasing rates, though it is unclear how quickly that might happen.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

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    Pennsylvania steel workers, wooed by Harris and Trump, remain skeptical: ‘I don’t trust either one of them’

    The Monongahela River winds through the tight Mon Valley south of Pittsburgh, Pennsylvania, creating a main artery in the nation’s industrial heart, where the steel and coal industries have driven the region’s economy and shaped political landscapes since the late 19th century.In the weeks preceding the election, the region is once again playing an outsize role in determining the nation’s political future. A controversial Biden-Harris administration plan to kill Pittsburgh-based US Steel’s proposed sale to Japan’s Nippon Steel is viewed in part as an election-year strategy to shore up critical union support in a must-win swing state.On the ground in and around the city, evidence suggests the move may just work – unions oppose the sale and the administration’s position is at the very least maintaining recent Democratic gains in the tug-of-war for swing voters in the nation’s steel capital.Anecdotal evidence and polling point to Harris gaining momentum here.“I’ve learned not to be comfortable with any election because we didn’t think Trump could win in 16 … but I think people are going to vote more common sense this year,” said Keli Vereb, a steelworker union rep and Lincoln borough council member.Unusually in these fractious times, both presidential candidates oppose the deal, backing United Steelworkers International union members across the political spectrum who are determined to thwart a deal they see as a job killer that puts their pensions at risk.Recent memories of supply chain issues have also hardened US resolve to protect vital industries such as steel.Still, politics are omnipresent, and the deal undoubtedly will play a role in determining the next president. It comes eight years after blue-collar workers here defected from the Democratic party en masse when then candidate Hillary Clinton said during a debate that she would put coalminers out of business.Some union leaders say the comment may have cost her Pennsylvania, which Donald Trump won by 0.7%. After four years of pro-labor policies from Joe Biden, the party has begun to win back some who left, and with Trump proposing to block the US Steel sale if he were elected, Democrats risk a 2016 repeat if it is allowed to proceed.“Trump would pounce on them if they let [the sale] go,” said Allen George, a lifelong Democrat who worked in unions adjacent to the steel industry.The companies are making a powerful argument that the deal is vital to US Steel’s survival. US Steel claims it will be forced to cut Pennsylvania jobs and move its headquarters out of Pittsburgh if Biden blocks Nippon’s $14.1bn bid, while it has promised to invest $2.4bn in its facilities if the sale goes through. The company’s “scorched earth” public relations campaign on the factory floors has at least some rank and file supporting the sale, said Bernie Hall, Pennsylvania director for USI.“Some are scared and think: ‘We should just take this and live to fight another day,’ and that’s natural,” Hall said.Many more, however, oppose the sale. The union’s contract is up in 23 months and they fear a Nippon-US Steel would cut jobs, or continue to send them to non-union states. They point to Nippon’s long history of “dumping” steel in the US, which has cratered prices and cost American jobs, and many fear the purchase is a ploy to continue the practice.US Steel’s record of closing factories and failing to keep promises has generated a deep mistrust and disdain for the company, workers told the Guardian on a recent Monday afternoon outside the Harvey Wilner’s pub in West Mifflin, just south of Pittsburgh. They rattled off a list of facilities that have closed over the decades.“Nippon can have at it,” said Barry Fez, who has worked in manufacturing in the region for decades, but, he says, in a few years he expects they will go back on their word.But that sentiment is colliding with Wall Street and Beltway support for the deal. The latter argue that the administration’s protectionist plan would run counter to international trade norms because Japan is an ally and close economic partner.The idea that trade decorum with Japan is more important than Pennsylvania union members’ security drew scoffs from some workers.“And then they’ll wonder why they lost an election,” said Mike Gallagher, a retired union member.‘They lie all the time’Banking legend JP Morgan created US Steel in a mega-merger in 1901. It grew to be the largest US producer, employing more than 340,000 people at its second world war peak. Today, it is a shadow of its former self, has closed many of its Mon Valley facilities, and now employs about 4,000 people, although the company says it indirectly supports 11,000 jobs and generates $3.6bn in economic activity annually.In the face of waning American steel power, the company has looked for a buyer, and many feel a US-Japan alliance makes sense in countering increasing Chinese domination of the industry.But the union is opposed, and in Pennsylvania, 25% of the electorate is unionized, making it a formidable bloc intensely courted by both political parties.Trump in January said he would stop the deal. Biden has said the same, including in a private meeting with steel workers in April, when the president insisted “US steel will stay US-owned”, according to Don Furko, president of Local 1557 in Clairton. “He said he ‘guarantees’ it.”The administration’s decision on whether the deal should be blocked largely lies with the Committee on Foreign Investment in the United States, or CFIUS, which is made up of Biden’s cabinet members and other appointees. It can veto mergers and acquisitions it finds present a national security risk.CFIUS was expected to issue an opinion on 21 September, but the administration punted until after the election. Union members say they aren’t worried.“President Biden and Vice-President Harris have been pretty clear and they will follow through,” Hall said.Harris has got the message: “US Steel should remain American-owned and American-operated,” she told a rally in Pittsburgh earlier this month.David Burritt, the CEO of US Steel, has warned of consequences if the deal is blocked. He says the company would “largely pivot away” from its blast furnace production in the region, and move its headquarters out of Pittsburgh.“We want elected leaders and other key decision makers to recognize the benefits of the deal as well as the unavoidable consequences if the deal fails,” Burritt said last month.That threat has further inflamed tensions. Furko said it reminds him of his young son flipping over the Monopoly board when he loses: “That’s really what’s going on here – if this deal doesn’t go through, then they’re going to flip over the Monopoly board.”Asked about US Steel’s claims that it will revitalize the region if the sale goes through, workers told the Guardian that there are no guarantees that the investment will be in Mon Valley. People would be “foolish” to believe that, Vereb said.That was echoed outside the Wilner’s pub. Fez recalled the pub’s heyday, when “you couldn’t get in there at 7am because it was so packed”, and the floor was littered with quarter wrappers from the slot machines.On a Monday afternoon around shift change time, a group of about a dozen retirees sat around the bar. They blamed US Steel for the region’s slowdown, and while they say they do not expect Biden or Trump to save the city, they have even less confidence that US Steel and a Japanese company will turn it around.“They lie all the time, and I don’t trust either one of them,” said Jack, a retiree who worked for US Steel for more than 30 years, who declined to use his last name.‘He gets credit for that’The political price that the Biden-Harris administration could pay for allowing the deal to go through can be seen in the 2016 election’s wake.Before 2016, the region was largely Democratic. But when Clinton made the comment about the clean energy industry putting coalminers and barons out of business, “Things turned on a dime,” Vereb said. Her borough of 900 was once about 80% Democrats. It’s now about 75% Republican, she estimates.About 75% of those working at US Steel’s Clairton Mill Works, several union leaders estimate, support Trump, and there is little Democrats can do to win back many of them.The situation is also complicated by US Steel’s intense campaign to convince workers that the sale will save their jobs. The company sends regular emails, holds meetings, takes out ads in newspapers and makes their case to reporters.“They say: ‘If you don’t support us, then we’re gonna shut this place down, and if that happens you can thank your union leadership,’” said Rob Hutchison, president of Local 1219. “When [rank and file] have that threat in their face eight to 12 hours per day, then it starts to become something they think about.”That also presents another political risk: if the Biden-Harris administration were to block the deal, and US Steel shuts down a plant, Democrats may again lose some voters.However, so far, the controversial move seems to be paying dividends.“I don’t know if the average Joe is thinking about CFIUS or is that in the weeds, but I think from a macro level, people see it, that it’s Biden supporting the union workers, and he gets credit for that,” Hall said. More

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    Earthquake Off Japan Coast Triggers Tsunami Advisory

    The earthquake occurred off the coast of Torishima Island, which is uninhabited, at 8:14 a.m. on Tuesday, according to the Japan Meteorological Agency. The advisory was lifted at 11 a.m.An earthquake off the coast of Japan on Tuesday morning triggered tsunami advisories for residents across several remote islands, according to the authorities.The 5.9 magnitude earthquake occurred off the coast of Torishima Island at 8:14 a.m. on Tuesday, according to the Japan Meteorological Agency. The U.S. Geological Survey said its magnitude was 5.6. The Japanese agency issued tsunami advisories for the Izu and Ogasawara islands. Waves of up to one meter, or about three feet, were expected, forecasters said. The advisory was lifted at 11 a.m.A tsunami about 1.6 feet high reached the Hachijo Island at 8:58 a.m., according to the Japan Meteorological Agency. A tsunami about four inches high was recorded at Miyake Island at 9:11 a.m., the agency said.A tsunami forecast indicating slight sea level change of less than 0.2 meters, or about eight inches, was issued for the eastern and southern islands of Japan.According to the national broadcaster NHK, residents are advised to remain vigilant and stay away from coastal areas. The Japan Coast Guard has issued warnings to ships in the area, NKH reported.Torishima is an uninhabited volcanic island about 375 miles south of Tokyo. It is part of the southern Izu Islands.The tsunami advisory followed a record amount of rain that killed six people and triggered flooding and landslides in a coastal region in Japan that is still recovering from a deadly earthquake earlier this year, according to local authorities.Yan Zhuang More

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    Russian Military Plane Breaches Japan’s Airspace

    The infringements were the first by Russia in five years, according to the Japanese defense ministry. A fighter fired a warning flare in response.A Russian military patrol plane breached Japanese airspace off the country’s northwestern coast three times on Monday, prompting Japan’s military to dispatch a fighter jet to issue radio warnings and, for the first time, to use a signal flare to deter the Russian aircraft.According to Yoshimasa Hayashi, the chief cabinet secretary to Prime Minister Fumio Kishida, the Russian plane flew above Rebun Island, which is northwest of Hokkaido, Japan’s northernmost prefecture, between 1 p.m. and 3 p.m. on Monday afternoon.“This violation of our airspace is extremely regrettable,” said Mr. Hayashi, in remarks to reporters on Monday afternoon. “We have lodged an extremely strong protest with the Russian government through diplomatic channels and have strongly urged them to prevent a recurrence.”This was not the first time that a Russian military plane had violated Japanese airspace but it was the first time that Japan’s military had responded with a flare to warn the plane to leave. Last month, a Chinese military aircraft flew into Japan’s territorial airspace and the government said it was the first known incursion by the Chinese military.Minoru Kihara, Japan’s defense minister, said Japan’s military had dispatched F-15 and F-35 fighter jets but that there had been “no particularly dangerous acts by the Russian aircraft.”According to Japan’s defense ministry, the flights on Monday represented the 44th known incursion by a Russian plane — or an aircraft suspected to be Russian — since 1967, but it was the first time that a Russian military plane had breached Japanese territorial airspace since June 2019.Mr. Kihara noted that both Chinese and Russian naval vessels had passed this week through the Soya Strait between Hokkaido and Sakhalin, a Russian island about 25 miles north of Hokkaido. Mr. Kihara said it was possible that the movement of the ships and the Russian aircraft were related.Mr. Hayashi said the Japanese government did not know the “intentions and goals” of the Russian military aircraft. He said Japan would “take all possible measures to ensure vigilance and surveillance.”The prime minister is in New York to attend the United Nations General Assembly, and Mr. Hayashi said he had advised Mr. Kishida to “respond calmly and resolutely” and to cooperate closely with the United States.Russia’s embassy in Tokyo referred requests for comment to the defense ministry, which did not immediately respond.Anton Troianovski More