Latest Tokyo News
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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 ...
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Asian markets subdued as Fed looms Nikkei rallies
the rest of Asia was restrained as investors waited for clarity on the Federal Reserve's next policy step. Major currencies were subdued as well ahead of the outcome of the ...
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Japan look to avoid early exit face Italy next
RECIFE, Brazil (AFP) - The task facing both, Asian champions Japan and three-time world champions Italy is clear cut in Recife at the Confederations Cup.An Italian win on Wednesday, on the heels of Sunday's success over Olympic champions Mexico should propel the Azzurri into the semi-finals, while also ending the Blue Samurais' interest in this summer's event.The pressure is off ...
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Japan logs $10.4 billion trade deficit for May
Money traders work under a screen indicating the U.S. dollar is traded at 100.845 yen at a foreign exchange company in Tokyo, Friday, May 10, 2013. INQUIRER file photo TOKYO – Japan’s trade deficit for May expanded 9.5 percent from a year earlier to $10.4 billion, official data showed Wednesday as import costs rose on a weak yen. Data from the finance ministry showed Japan incurred ...
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Tanzania Japan seal $32m agreement on flyover project
Tanzania and Japan on Tuesday signed an agreement of more than $32 million to finance a flyover project in Dar es Salaam, the commercial capital of the East African country.The two countries sealed the grant agreement of 52.5 billion Tanzanian shillings ($32.8 million) on the project in Dodoma, where Japanese Ambassador to Tanzania Masaki Okada said the initiative is meant to de-congest Dar es ...
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Japan is moving away from goal of normal country
For decades, Japan has been aspiring to become a "normal country" politically. But Prime Minister Shinzo Abe is apparently moving the country toward the opposite direction.He has angered many people in neighboring countries and around the world with revisionist comments on Japan's war crimes during World War II.Such remarks, in an attempt to whitewash the country's militarist ...
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RUBBER-Tokyo futures rebound on weaker yen Fed awaited
TOKYO, June 19 (Reuters) - Benchmark Tokyo rubber futures rebounded on Wednesday on a weaker yen and firmer share prices, but there was caution ahead of the outcome of the Federal Reserve's meeting as investors look for more insight on U.S. monetary policy. FUNDAMENTALS * The benchmark Tokyo Commodity Exchange (TOCOM) rubber contract for November delivery was trading up 1.35 ...
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Hiyoshiya Co. workers make the new ryoten umbrellas in Kyoto on June 14.
KYOTO -- Just in time for rainy season, a long-established maker of Japanese umbrellas here is preparing the perfect accessory for strolling around the ancient capital that combines the look of the traditional umbrella with modern ...
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ANALYSIS Experts at loss over pain from cervical cancer vaccination
The controversial decision to withhold a government recommendation for a cervical cancer vaccination was made based on a conclusion by experts struggling to determine the causes of serious side ...
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BIZ BRIEF Lappin to head NEC PC Lenovo Japan
Aiming to enhance management efficiency in the Japanese market, Lenovo NEC Holdings B.V. chairman Roderick Lappin will become president of its subsidiaries, NEC Personal Computers Ltd. and Lenovo Japan Ltd., the holding company announced on June ...
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GLOBAL MARKETS-Nikkei outperforms Asian stocks as Fed looms
Tue Jun 18, 2013 11:38pm EDT * Asian stocks softer as Fed outcome awaited * Markets hope for clarity on any pullback in Fed stimulus * Nikkei up as softer yen boosts exporters; currencies mostly steady By Ian Chua SYDNEY, June 19 (Reuters) - 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 ...
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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