Yen Intervention Shock: Japan spent a record 15.4 trillion yen (about $96bn) to support the yen between late July and late August, the biggest monthly intervention on record, after USD/JPY slid toward the mid-160s and a rare U.S.-Japan joint buy lifted it briefly. Market Risk Watch: Treasury chief Scott Bessent warned yen volatility could spill into global bond and funding markets, raising the odds of forced unwinds. Memory Chip Mega-Capex: SanDisk and Kioxia plan to invest over $31bn in Japan through 2032 to expand NAND capacity, including a new Fab3 at Kitakami, with the plan contingent on government support. AI Robotics Infrastructure: A private consortium opened a shared humanoid robot training hub in Chiba, aiming to give mid-market manufacturers access to teleoperation-based training without building their own costly setups. Defense & Industry: Japan is moving to acquire a former Nippon Steel site for an integrated defense hub in Hiroshima, while Boeing’s big F-15 order underscores how defense demand keeps reshaping aerospace budgets. Japan-Global Business Links: JETRO said political stability in Bangladesh is boosting Japanese investor interest, and Unicharm launched its Silver Spoon cat food and Ezi-Lock litter in India as pet care demand accelerates.