Latest Japan News
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Asia Markets Tokyo stocks soar as Sydney Seoul retreat
HONG KONG (MarketWatch) -- Australian and South Korean stocks dropped Thursday on worries the Federal Reserve could downscale its bond purchases, while Japanese shares marched to fresh multiyear highs as several exporters got a lift from the weakened ...
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Japan passes bill to join Hague treaty on child abduction
Long accused of tolerating "kidnapping," Japan on May 22 approved a bill to join the Hague convention on resolving cross-border abductions of children from broken international ...
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Listed firms project 48 jump in fiscal 2013 net profits
Buoyed by the weakening yen, Japan's largest companies are projecting a 48.4-percent jump in combined net profits for the current fiscal year, building on an increase of 24.1 percent recorded for the previous ...
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Nikkei climbs 1.9 pct to new 5-12-year high Fast Retailing stars
* Bernanke remarks sees yen at 103 to dollar, aids exporters * Nikkei heads for fifth straight day of gain * Fast Retailing jumps as retail investors in hot pursuit By Dominic Lau TOKYO, May 23 (Reuters) - Japan's Nikkei average soared 1.9 percent to a 5-1/2-year high on Thursday, aided by exporters as the yen weakened against the dollar after the U.S. Federal Reserve chief suggested the ...
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Japan stocks rise on weaker yen banks drop
HONG KONG (MarketWatch) -- Japanese stocks on Thursday sidestepped concerns that the U.S. Federal Reserve may downscale its monetary stimulus to rise further toward multiyear highs, with a weakened yen giving several exporters a lift and offsetting losses in banks. The Nikkei Stock ...
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Tokyo stocks open up 0.72
TOKYO stocks have opened 0.72 per cent higher after the yen fell against the dollar on signals that the US Federal Reserve could soon scale back its aggressive stimulus measures. The benchmark Nikkei 225 index, which closed at its best level in more than five years on Wednesday, added 112.72 points to 15,739.98 at the start on Thursday. The rise came despite the Dow Jones Industrial Average ...
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Japan ponders direct talks with Pyongyang
/enpproperty--> Japan is considering direct talks with the Democratic People's Republic of Korea, the government said on Wednesday, adding momentum to the cause after a top level aide to the prime minister made a surprise trip to Pyongyang. Bilateral talks are on the table as Tokyo seeks to salve the running sore of abductions of its nationals by DPRK spies in the 1970s and ...
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Mitsubishi weighs steps toward resumption of dividend -sources
By Kentaro Sugiyama and Yoko Kubota Wed May 22, 2013 7:32pm EDT May 22 (Reuters) - Mitsubishi Motors Corp is taking steps toward resuming dividend payments after nearly a decade-long turnaround bankrolled by other Mitsubishi group companies, according to people with direct knowledge of the plans. Specifically, Mitsubishi Motors is considering asking shareholders to approve plans for a 10-for-1 ...
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Nikkei set to pull back from 5-12-year highs on Bernanke remarks
TOKYO, May 23 (Reuters) - Japan's Nikkei average is expected to retreat from a 5-1/2-year high on Thursday after U.S. Federal Reserve chief Ben Bernanke suggested the central bank could scale back stimulus in coming months. The Nikkei is likely to trade between 15,550 and 15,700, strategists said, while Nikkei futures in Chicago closed at 15,640 on Wednesday, down 0.2 percent from the Osaka ...
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CAROL LINK Exquisite Japanese maples provide beauty colors
CAROL LINK | SPECIAL TO THE TIMES This planting bed in the walking garden on the slope out front contains three Japanese maples: a green-foliaged tree on each end and a small red laceleaf tree in the middle. In this area of the garden, large shade trees tower over the planting beds, helping to provide afternoon shade for the group of smaller ...
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Congressman Huelskamp discusses Kansas beef with Japanese ambassador
Congressman Tim Huelskamp, R-KS, was Ambassador Kenichiro Sasae’s guest at the residence of the ambassador of Japan. Japan recently raised the age cap on its beef imports from 20 months of age to 30 months. The U.S. Meat Export Federation projects this change will increase U.S. beef exports to Japan by 45 percent in 2013. Huelskamp issued the following statement: ';I’m ...
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Nuclear regulators acknowledge fault below Tsuruga reactor is active
The Nuclear Regulation Authority accepted on Wednesday an assessment that a reactor at the Tsuruga plant in western Japan is sitting above an active fault, making it increasingly difficult for the facility to resume ...
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Ama divers seek cultural designation
Ama female divers from the Toba-Shima area have formed a group to preserve their traditions, as part of a bid by the Mie prefectural government to have the divers declared a national cultural property and UNESCO intangible cultural heritage ...
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Skytree celebrates 1 year
During the past year, 6.38 million people visited the landmark, much higher than the 5.4 million predicted at the time of the opening. The total number of visitors to Tokyo Skytree and its neighboring Tokyo Solamachi commercial facility was 50.8 million, about 60 percent higher than the initial prediction of 32 million. The launch of the tower was not without its hitches. On opening day, some ...
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Sumo Hakuho Kisenosato win to keep title within reach
Yokozuna Hakuho dispensed with Kotooshu, and Kisenosato did a hatchet job on Aran to improve to 11-0 with four days remaining at the Summer Grand Sumo Tournament on ...
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How Sony and Nintendo can battle the Xbox One
Wii U are still big boxes of mystery -- even though one's already been out in stores for months. So, how will this new gaming landscape shake out? Sony and Nintendo, the also-rans to the current success story of Microsoft and the Xbox 360, will have options. But they're not always ...
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Japan no longer sanctions child abduction in mixed-marriage cases
Tokyo lawmakers unanimously approve Hague convention to settle child custody in broken international marriages. But Japanese domestic laws and legal loopholes still need to change, say ...
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Japan rates may torpedo recovery
By James Saft (Reuters) - Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics. That could reverse gains not only in Tokyo stocks, but in stock markets world-wide which have benefited from Japanese liquidity. While a rebound in activity has allowed the Bank of Japan to upgrade its assessment of conditions for a fifth straight ...
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Japans Daiichi says key details concealed in Ranbaxy sale
NEW DELHI (AFP) - The Japanese owners of Ranbaxy on Wednesday accused former shareholders of the Indian company of concealing key information about a US probe into the safety of medicines made by the New Delhi-based firm.Last week, Ranbaxy Laboratories pleaded guilty in the United States to charges of making and distributing adulterated drugs at its two Indian plants of Paonta Sahib and Dewas ...
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Sony to consider Loeb proposal of entertainment IPO
Sony is now formally considering the proposal of hedge fund manager Daniel Loeb, who wants the company spin off part of its entertainment business. Wall Street speaks and corporations act. Sony Corp. is now evaluating a spinoff of its entertainment arm after Third Point hedge fund founder Daniel Loeb wrote the company a hand-delivered letter urging the action. The announcement comes a day before ...
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Japan reaches historic low in April trade deficit
TOKYO -- Japan on Wednesday posted its worst April trade deficit as a weak yen ramped up import costs and helped extend the run of monthly shortfalls to the longest in more than three ...
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REFILE-Panasonic to stop making silicon wafers at Oregon factory-Nikkei
Wed May 22, 2013 2:50pm EDT May 23 (Reuters) - Panasonic Corp will stop making silicon wafers, used in solar cells, at a factory in Oregon next month as it centralizes production at a plant in Malaysia, the Nikkei reported. Having shut down a plant in California last year, the company will have no processing facilities in the United States, the newspaper said. Panasonic makes silicon ingots at ...
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Sony said it would think over spinoff proposal
Japanese conglomerate Sony's board said it would make a good-faith effort in considering spinning off its entertainment business. One of Sony's largest shareholders, the hedge fund Third Point, run by activist investor Daniel Loeb, forwarded the proposal to Sony's board last week. Loeb suggested spinning off the entertainment divisions so the firm could focus on its struggling ...
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Japan mulls resuming talks with N. Korea official
TOKYO (AFP) - Japan is considering direct talks with North Korea, the government said Wednesday, adding momentum to the cause after a top level aide to the prime minister made a surprise trip to Pyongyang.Bilateral talks are on the table as Tokyo seeks to salve the running sore of abductions of its nationals by North Korean spies in the 1970s and 1980s, an issue that inflames public opinion at ...
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Sony weighs entertainment spin-off
Sony will consider a proposal to spin off its entertainment assets, the company's chief executive said yesterday. The proposal, submitted last week by Daniel Loeb of the US hedge fund Third Point, suggests selling 20 per cent to help free up capital to bring the company's electronics business back to profitability and boost Sony's share price by as much as 60 per cent. "We ...
Japan Featured
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Japan focuses on next big export
Smart grids are the way of the future, according to a Japanese consortium of seven companies that want to invest in the cities of the future and pave the way for the next big export to come out of Japan.
Japan is already one of the leading high-tech industries of the world, producing gadgets and appliances that are sold globally, from cars and microwaves to robots for use in surgery, space and mines. The country is a major manufacturing hub, there are Sony, Panasonic, Toshiba and Nintendo appliances in homes across the globe and many of the world’s most famous export brands have their headquarters in Japan or were founded in Japan. Read more
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