In the wake of a U.S. military plane crash off the coast of Japan's Yakushima Island Wednesday, the Japanese government has urged the Pentagon to ground the operations of its Osprey hybrid planes in te country.
Japan's Foreign Minister Yoko Kamikawa said Friday it has been informed by the U.S. Embassy in Tokyo that it received a formal request from its Asian ally to suspend flying Osprey transport aircraft until the aircraft can be confirmed as safe.
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Political News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.