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