Latest Japan News
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Japan Inc. Sits on Italy-Sized Cash Pile as Abe Urges Investment
Japan 's companies stockpile of cash reached a record in the first quarter as they poured investment abroad, underscoring Prime Minister Shinzo Abe's challenge to boost the nation's investment and wages. Private companies' cash and deposits rose 5.8 percent from a year before, to 225 trillion yen ($2.4 trillion) -- an amount in excess of the size ...
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Japan posts wider trade deficits
(25 mins ago) Japan extended a string of trade deficits last month as the country's import costs rose on the weak yen. Data released by the Finance Ministry showed the deficit expanded 9.5 percent from a year earlier to nearly 994 billion yen. Exports rose 10 percent to 5.7 trillion yen on higher shipments to the United States and China. Exports to recession-hit Europe remained weak, ...
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Sony Won E3
LOS ANGELES — It was a moment that will go down in the E3 history books. After a day full of perfunctory fanboy whoops and polite applause for the appearance of all-too-predictable games and characters at the annual Monday slog of back-to-back-to-back-to-back press conferences at the Electronic Entertainment Expo last week, Sony CEO Jack Tretton strode onto the stage to proclaim that ...
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Africa Japan Boosts Financial Support for African Development
WASHINGTON, DC -- In June, Japan made a five-year commitment of $32 billion dollars in public and private funding to Africa. It will be used in areas prioritized as necessary for growth by the Fifth Tokyo International Conference on African Development (or TICAD). Japan's new pledge is nearly four times larger than its last commitment to the group. The plan of action is ambitious. ...
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Video Exports jump but is Japan trading up
As markets start to question Japan's easing policies, fresh trade data showing a solid rise in exports indicates 'Abenomics' is working. But as Yonggi Kang reports, other figures are less ...
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Japanese healthcare firm creates 416 jobs in Larne
Pictured at a reception for Japanese Prime Minister Shinzo Abe in Titanic Belfast this evening are First Minister Peter Robinson and deputy First Minister Martin McGuinness, Minister of Enterprise, Trade and Investment Arlene Foster and Deputy Chief Cabinet Secretary Katsunobu ...
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Japan finds highly toxic substance in Fukushima groundwater
Testing of groundwater outside the turbine building of reactor No. 2 had shown the level of strontium-90 had increased by more than 100 times between December 2012 and May this year. (Reuters ...
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Japans trade deficit climbs to $10.5B in May as import costs keep pace with rising exports
Reuters Market Eye - The rupee rises on hopes of inflows related to debt limit auction, say dealers. The pair is at 58.70/71 after rising to 58.92, versus its ...
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Strong Japan Export Data Pushes up Nikkei
Even as investors remain on the sidelines ahead of the conclusion of the Fed's 2 day meeting and especially Ben Bernanke's testimony later in the day, there was great volatility during the Asian session. Traders were either reacting to the bullish Japan export data or setting up positions ahead of the Bernanke testimony later today. In Asia the stocks were broadly ...
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Japans nuclear authority sets new safety requirements for reactors
Japan's Nuclear Regulation Authority officially decided Wednesday on the country's new safety requirements for nuclear reactors in an effort to prevent recurrences of disasters that happened at the Fukushima Daiichi plant in 2011.The new regulations are expected to take effect on July 8, paving the way for nuclear power plant runners to apply for the regulator's safety assessment ...
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Osaka mayor not to apologize to his party
(4 mins ago) Toru Hashimoto, the mayor of Osaka and co-leader of the opposition Japan Restoration Party (JRP), stated on Wednesday that he has no intention to retract his remarks in face of criticism levied by the other JRP co-leader, Shintaro Ishihara, local press reported on Wednesday. On Tuesday, Ishihara criticized Hashimoto on various occasions, including in an interview with a local news ...
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Tokyo stocks close 1.83 per cent higher
TOKYO stocks closed 1.83 per cent higher on Wednesday, after official data showed Japan's exports soared in May thanks to a weaker yen, while eyes are also on the conclusion of the US Federal Reserve's policy ...
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United Boeing 787 Diverted Tokyo-Bound Dreamliner Flight 139 Lands In Seattle
SEATTLE -- An indication of an oil filter problem prompted the crew of a Boeing 787 flying from Denver to Tokyo to divert to Seattle-Tacoma International Airport on Tuesday afternoon, a United Airlines spokeswoman said. Flight 139 landed normally and an airline maintenance team was inspecting it, United spokeswoman Mary Ryan said in an email statement. The plane touched down in Seattle shortly ...
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US billionaire tries light touch in Sony shakeup
touch with a hand-delivered letter that lauded Sony chief Kazuo Hirai's efforts at dragging Sony back to profitability. The letter also suggested the board take a serious look at his proposal. A further polite letter was delivered to Hirai this week. Sony said it was reviewing the idea to sell off part of its entertainment unit, which includes a major Hollywood movie studio and a music ...
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5 Japanese suspects detained in Guangdongs Zhuhai over telegraph fraud murder
A senior police officer from the Zhuhai special economic zone in Guangdong province confirmed on Thursday that local police are holding five Japanese citizens on suspicion of telephone fraud and slaying a Japanese man. Bai Zhigang, director of the publicity department under Zhuhai city public security bureau, said that after they were detained, the suspects, who are 23 to 39 years old, ...
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Taoiseach to meet Japanese Prime Minister
Taoiseach, Enda Kenny, is to hold talks with the Prime Minister of Japan, Shinzo Abe at Goverment Buildings. Mr Abe is visiting Ireland following his participation in the G8 Summit in Co Fermanagh. The two leaders are expected to discuss bilateral economic, trade and cultural relations between Ireland and Japan, as well as broader economic issues. The Taoiseach will also brief the Japanese ...
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Japanese leader invites Robinson and McGuinness for a visit
Pictured at a reception for Japanese Prime Minister Shinzo Abe in Titanic Belfast this evening are First Minister Peter Robinson and deputy First Minister Martin ...
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REFILE-Japan ruling party exec apologises for Fukushima disaster gaffe
Wed Jun 19, 2013 3:11am EDT (Edits second paragraph) TOKYO, June 19 (Reuters) - The policy chief of Japanese Prime Minister Shinzo Abe's ruling party apologised on Wednesday and withdrew remarks that appeared to make light of the Fukushima nuclear disaster, adding it was up to the premier whether she would keep her job. With a month to go before an election for parliament's upper house ...
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Japan enacts add-on corporate pension reform law
Japan's House of Councillors passed into law Wednesday a bill to reform the "kosei nenkin kikin" add-on corporate pension fund system to promote the liquidation of financially troubled ...
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Mummified remains found in restaurant in Morioka
High levels of a toxic substance called strontium-90 have been found in groundwater at the devastated Fukushima nuclear power plant in Japan, the utility that operates the facility said on ...
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Nikkei jumps 1.8pc at close
(44 mins ago) Stocks in Tokyo closed 1.83 percent higher, ahead of the Federal Reserve ending its policy meeting and as official data showed Japan's exports soared in May thanks to a weaker yen. The benchmark Nikkei 225 index jumped 237.94 points to 13,245.22, while the Topix index of all first-section shares rose 1.86 percent, or 20.17 points, to 1,106.57. ...
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G-8 disappoints Syrian rebels makes progress on corporate tax evasion
Leaders of the G-8 agree on a plan to clamp down on money launderers, illegal tax evaders and corporate tax avoiders, while pushing for immediate peace talks on ...
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Animal-human embryo test clears first hurdle
Proposed experiments with animal-human embryos cleared the first regulatory hurdle Tuesday as Japanese scientists seek permission for tests that could see human organs produced inside the growing body of an animal. Researchers want to introduce a human stem cell into an animal embryo, to create a so-called chimeric embryo, which they can implant into an animal’s womb. The hope is that ...
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Asian mkts tense before Fed meet Nikkei gains
European stocks were expected to open steady ahead of the conclusion of the Fed's June 18-19 meeting. A policy statement is due at 1800 GMT and Fed ...
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Nikkei climbs to 1-week high on SoftBank investment trust
* Nikkei rises 1.8 pct, Topix up 1.9 pct * Japan stocks fwd P/E falls to level not seen since BOJ action * SoftBank gains after Dish says abandons Sprint bid * TEPCO sinks, says finds highly toxic strontium in Fukushima groundwater By Dominic Lau TOKYO, June 19 (Reuters) - Japan's Nikkei average hit a one-week high on Wednesday, with traders citing the launch of a near $780 million ...
Tokyo in Focus
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Tokyo's new international airport making waves
Haneda airport was renamed Haneda International Airport with the opening of the new International Terminal, which will see several million passengers pass through it each year as the airport regains its status as a global airport with connections to major cities across the world.
When Haneda first opened in 1931 it was the largest civilian airport in the whole country and during the Second World War became a major US Air Base after the invasion of Japan and the country’s surrender. Read more
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