A report confirmed prior indications that a pilot’s misunderstanding of air traffic control directives, and a missed warning, caused the January accident.

A two-plane collision in Tokyo on Jan. 2 happened because a pilot mistakenly believed he had been given permission to enter the runway for takeoff, a crash investigation found.

November inflation numbers from Japan's capital of Tokyo showed headline inflation rate at 3%, compared to 2.6% in October. Core inflation, which excludes costs of fresh food, rose to 2.4% missing Reuters' expectations of a 2.

Asia-Pacific markets are set to open higher, as some markets return from the Boxing Day holiday and investors eye a slew of economic data in the region.

Asia-Pacific markets trade mixed on Friday as some markets return from the Boxing Day holiday and investors assessed economic data from the region. Market sentiment remained subdued amid growing political unrest as South Korea's main opposition party moved to impeach acting President Han Duck-soo,

The Tokyo core consumer price index, which excludes volatile fresh food costs, rose 2.4% in December from a year earlier.

Tokyo inflation rose sharply in December, and with it rose the expectations of a Bank of Japan (BOJ) interest rate hike in early 2024. Consumer prices in the Japanese capital increased by 3.0% year-over-year,