Latest Tokyo News
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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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Tokyo stocks up more than 2 in opening trade
Tokyo stocks climbed more than two percent in opening trade on Wednesday, following gains on Wall Street and as official data showed Japan's exports soared in May on a weaker yen. The benchmark Nikkei 225 index jumped 289.34 points, or 2.22 percent, to 13,296.62 in early trade. A weaker yen and the rise in US shares would help support the Tokyo market, said Hiroichi Nishi, general manager ...
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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 ...
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Japans exports pick up pace give economy momentum in rough markets
By Kaori Kaneko and Stanley WhiteTOKYO (Reuters) - Japan's exports rose in May at the fastest annual rate in more than two years with the help of a weak yen and a moderate pick-up in global demand, boding well for the government's efforts to steer the economy through market turbulence.The faster-than-expected rise is welcome news for Prime Minister Shinzo Abe after recent a sell-off in ...
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Japan formally OKs new nuke safety requirements
TOKYO -; Japan's nuclear watchdog has formally approved new safety requirements for atomic plants, paving the way for the reopening of facilities shut down since the Fukushima ...
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Nikkei up as softer yen boosts exporters
Sydney - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street plus a softer yen, outperforming the rest of Asia which anxiously seeks clarity on the Federal Reserve's next policy ...
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Oldest man’s death should prod Japan to act quickly
If ever there were a wake-up call for Japan, the second-most indebted nation, the death of Jiroemon Kimura is it. On one level, Kimura is a good-news story. He was the last man born in the 1800s when he died on June 12 at the ripe, and some might say enviable, age of ...
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U.S. Taliban to open talks on ending Afghan war
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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Softbank prevails in Sprint Nextel deal as Dish abandons bid
U.S. satellite television provider Dish Network Corp. announced Tuesday it has dropped plans to submit a revised bid for Sprint Nextel, paving the way for Softbank Corp.’s rival offer to be accepted. Dish Network said it still saw ';strategic value'; in a merger with Sprint but that it would not submit a revised offer by Tuesday’s deadline due to Sprint’s decision to ...
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Call for revising Japan-US military agreement
/enpproperty--> WASHINGTON - The US-Japan Status of Forces Agreement needs revision in order to better catch US military personnel who commit rape in Japan, a Japanese Diet member said Tuesday. Tomoko Abe, a member of Japan's House of Representatives, made the remarks on the sidelines of an event in Washington co-hosted by the Sigur Center for Asian Studies, the Council on Foreign ...
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Zaccheroni prepares to lead Japan against native Italy
Edward Snowden, the fugitive former CIA employee and NSA contractor who leaked secrets about America’s spying operations, often hung out online with foreigners in Japan who shared his interests in anime, video games, martial arts, the stock market and the expat lifestyle. Snowden, who ...
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Japan grew 1.2 in first quarter and may seek further stimulus
Japan’s economic growth accelerated in the first quarter more than expected as the recovery remained intact with the beginning of the year. The expansion supports the cautious policy from the BoJ and fuels the debate over the need to take more action to protect growth ...
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Sell-offs across Asia as Nikkei drops 6.4 on BoJ disappointment World Bank weighed
Asian stocks slipped on Thursday as Nikkei triggered sell-offs across the region after falling more than 6%, which places the index in a bear market, while the dollar/yen fell towards the 94-mark on BoJ’s lack of action to calm markets, pushing exporters ...
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Asian stocks jump as Nikkei recovers some losses following strong U.S. data
Asian stocks jumped Friday as strong U.S. data lifted confidence about the ability of the U.S. economy to withstand any cut in stimulus. The upbeat retail sales and jobless claims triggered a rally on Wall Street and soothed the panicking Asian markets ahead of next weeks Federal Reserve policy ...
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UNESCO register adds archive of pre-modern Japan mission to Spain
A collection of materials related to a 17th century mission sent by a Japanese feudal lord to Europe and the world's oldest autographic diary left 10 centuries ago by a Japanese regent have been selected for the UNESCO Memory of the World registry, the Japanese education ministry said ...
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Billionaire Mori Says Tokyo Real Estate Is Best Abenomics Bet
Tokyo is the best way to benefit from Prime Minister Shinzo Abe's policies such as boosting the city's competitiveness. Mori Trust Co. may seek to acquire more land after it accumulated about 10,000 tsubo (33,000 square meters or 355,210 square feet) of space in the area, depending on how well Abe's growth plan is implemented, said Mori, the owner of the nation's most ...
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Tokyo stocks rise 1.25 by break
Tokyo stocks ended the morning session 1.25 percent higher on Wednesday, following gains on Wall Street and as official data showed Japan's exports soared in May thanks to a weaker yen. The benchmark Nikkei 225 index jumped 162.69 points to 13,169.97, while the Topix index of all first-section shares rose 1.15 percent, or 12.48 points, to 1,098.88. A weaker yen and the rise in US shares ...
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Asia Markets China stocks fall Japan jumps ahead of Fed meet
HONG KONG (MarketWatch) -- Chinese and South Korean stocks fell Wednesday on caution ahead of the Federal Reserve's monetary-policy decision later in the day, while Japanese shares rallied on a weakened yen and strong overnight gains on Wall ...
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Japans opposition leader slams party co-leader over controversial words
The Japan Restoration Party's co-head Shintaro Ishihara slammed the party's another leader, Toru Hashimoto, over the latter's controversial wartime sexual slavery remarks that have hurt public support for the party, according to local media.Ishihara said the improper words made by Hashimoto over the wartime military brothels a "great nuisance", adding that Hashimoto ...
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Nikkei rises 1.3 pct on weak yen Fed hopes Softbank soars
* Investors still cautious ahead of Fed outcome * Softbank soars after Dish abandons Sprint bid * Tepco tumbles as highly toxic substance found at plant By Ayai Tomisawa TOKYO, June 19 (Reuters) - Japan's Nikkei share average rose to a one-week high on Wednesday morning, underpinned by optimism that the U.S. Federal Reserve would temper worries about an imminent roll back of its stimulus ...
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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