The United States has grounded its CV-22 Osprey helicopter fleet in the wake of an aircraft crash in Japan last week.
U.S. military's CV-22 Osprey was on a routine training mission on November 29 when it crashed into waters off the coast of Yakushima Island in southern Kagoshima prefecture, killing all eight airmen on board.
In the wake of the U.S. military plane crash, the Japanese government urged the Pentagon to ground the operations of its Osprey hybrid planes in the country.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.