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EAST ASIA

Kishida vows to step up Japan defense amid threats [Video]

Japan’s Prime Minister Fumio Kishida on Saturday renewed his pledge to consider “all options,” including acquiring enemy base strike capability, and vowed to create a stronger Self-Defense Force to protect the country during growing threats from China and North Korea. (Nov. 29)Subscribe for more Breaking News: http://smarturl.it/AssociatedPress Website: https://apnews.com Twitter: https://twitter.com/AP Facebook: https://facebook.com/APNews Instagram: https://www.instagram.com/APNews/​You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/a28d498156464f17a5b6d1562734a008

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EAST ASIA

Japan bars foreign visitors due to Omicron variant [Video]

Japan said it would shut its borders to foreign visitors to prevent the spread of the Omicron variant of coronavirus, joining Israel in imposing some of the strictest border controls since the variant’s discovery in southern Africa. #Omicron #Japan #COVID19 #Variant #News #Reuters #COVID19 #NewVariantSubscribe: http://smarturl.it/reuterssubscribeReuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.Get the latest news on: http://reuters.com/Follow Reuters on Facebook: https://www.facebook.com/ReutersFollow Reuters on Twitter: https://twitter.com/ReutersFollow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

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EAST ASIA

World stocks dive as virus variant spooks markets [Video]

Global stocks were hit hard Friday (November 26) by reports of a new coronavirus variant.European shares fell more than 3% in early trade.That put the pan-European STOXX 600 on course for its worst session in over a year.Travel and leisure stocks plunged 6.5% after Britain announced a temporary ban on flights from South Africa and neighbouring countries.Shares in British Airways owner IAG and easyjet lost around a tenth of their value. Oil and gas producers and miners also saw a big drop.European investors followed where Asian markets led.Stocks in Asia saw their sharpest drop in three months.Japan’s Nikkei was down 3% at one stage, and U.S. crude oil futures fell due to demand fears.Japan and Australia have also hinted at possible border closures.The new variant was detected in South Africa, Botswana and Hong Kong.Little is known about it, but scientists said it had an unusual combination of mutations.That could see it avoid immune responses or make it more transmissible.

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EAST ASIA

Oil cost surge sinking Japan’s public bathhouses [Video]

The cost of running Japan’spublic baths is risingowing to surging oil pricesThis bathhouse has been in Tokuji Ito’s family for generations(SOUNDBITE) (Japanese) DAINITAKARAYU OWNER, TOKUJI ITO, SAYING:”Dealer prices for heavy oil which we use to heat the bathwater have risen about 10 to 15 percent.””We have to pay about 50 percent more for fuel compared to last year, but I think that will probably double.”Bath prices are fixed by the Tokyo governmentBut Ito says he wouldn’traise prices anyway for fear of losing customers(SOUNDBITE) (Japanese) DAINITAKARAYU OWNER, TOKUJI ITO, SAYING:”Just after the global health crisis, we were hoping to get customers back. So it’s very tough that fuel costs will rise this winter.””I’m preparing to shoulder (the expenses)so that we can get through winter.”Some people still show upmultiple times a week(SOUNDBITE) (Japanese) 70-YEAR-OLD RETIREE AND BATHHOUSE CUSTOMER, SHUJI YAMAZAKI, SAYING:”(The bathhouses) are gradually closing. I live far away but I come here out of necessity. I hope they will keep operating. I don’t mind if they raise the price.”