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FOCUS: Japan economy may rebound but faces headwind amid price surge

20-May-2022 Intellasia | Kyodo News | 5:02 AM

Japan’s economy is likely to be on a growth track from the current quarter, but analysts say surging commodity prices due to Russia’s war in Ukraine will weigh on [...] » More

Japan to double fiscal support for Ukraine to $600 million, PM says

20-May-2022 Intellasia | Reuters | 5:02 AM

Japan will double fiscal aid for Ukraine to $600 million in a coordinated move with the World Bank to back the country’s near-term fiscal necessities damaged by [...] » More

4,172 new coronavirus infections reported in Tokyo on May 19

20-May-2022 Intellasia | Mainichi | 5:02 AM

Japan’s capital recorded 4,172 more COVID-19 cases on May 19 after registering 4,355 cases the day before, the Tokyo Metropolitan government announced. Of the 4,172 [...] » More

Japan’s trade gap widens as import costs surge on supply pressures

20-May-2022 Intellasia | Reuters | 5:02 AM

Japan’s exports extended double-digit gains for a third straight month in April, but surging global commodity costs inflated the country’s import bill to a [...] » More

Analysis: BOJ’s dovish isolation draws public heat ahead of leadership change

20-May-2022 Intellasia | Reuters | 5:02 AM

A rapid decline in the yen and market distortions caused by current monetary settings have raised the political heat on the Bank of Japan as it becomes increasingly isolated [...] » More

Exclusive: Japan Inc turns against central bank’s monetary stimulus, Reuters survey shows

20-May-2022 Intellasia | Reuters | 5:02 AM

More than 60 percent of Japanese companies want the central bank to end its policy of massive monetary easing this fiscal year due to pain from the weak yen, with roughly a [...] » More

US lodges third labour complaint in Mexico, on behalf of Panasonic workers

20-May-2022 Intellasia | Reuters | 5:02 AM

US labour officials on Wednesday asked Mexico to probe whether workers at a Panasonic (6752.T) auto parts factory were denied their rights, marking the third US labour [...] » More

Japan, US to cooperate on Moon landing by Japanese astronaut

20-May-2022 Intellasia | Mainichi | 5:02 AM

Japan and the United States plan to announce their “shared ambition” to realise a future Moon landing by a Japanese astronaut in a document to be released when US [...] » More

Japanese man given $360,000 of Covid aid by mistake arrested

20-May-2022 Intellasia | AFP | 5:02 AM

A Japanese man given $360,000 in Covid-19 aid by mistake has been arrested after saying he gambled away the money online, police said Thursday. Local authorities have become [...] » More

Japan March core machinery orders rise 7.1pct month/month

20-May-2022 Intellasia | CNA | 5:02 AM

Japan’s core machinery orders rose 7.1 per cent in March from the previous month, government data showed on Thursday, versus a 3.7 per cent increase expected by [...] » More

Biden visits Japan, Korea carrying warning to China

20-May-2022 Intellasia | Reuters | 5:02 AM

Joe Biden will visit Japan and South Korea on his first Asian trip as US president, carrying a clear message to China, advisers and analysts say don’t try what Russia [...] » More

Japan’s April imports hit fresh record high on rising energy costs

20-May-2022 Intellasia | Mainichi | 5:02 AM

Japan’s imports continued to surge in April, hitting a record high on rising energy costs and a weaker yen, leading to a goods trade deficit of 839.2 billion yen ($6.6 [...] » More

Factbox: Biden in Asia: Korea, Japan schedule and to-do list

20-May-2022 Intellasia | Reuters | 5:02 AM

President Joe Biden will travel to South Korea and Japan from May 20-24, a visit seen as crucial for efforts to bolster regional cooperation and counter China. Here is the [...] » More

Japanese man gambles away millions after he is mistakenly paid 463 people’s Covid relief

20-May-2022 Intellasia | The Independent | 5:02 AM

A Japanese man who was erroneously paid 46.3m yen (GBP 287,000) as Covid relief by municipal authorities has said he cannot return the money because he already gambled it [...] » More

Japan to provide additional $300 million to help Ukraine

20-May-2022 Intellasia | Kyodo | 5:02 AM

Japan will provide an additional $300 million in financial assistance to Ukraine, prime minister Fumio Kishida said Thursday, as the country faces an economic crisis due to [...] » More