North Korea fired multiple short-range ballistic missiles toward its eastern waters Monday morning, its neighbors said, days after the end of the South Korean-U.S. military drills that the North views as an invasion rehearsal. The launches were North Korea’s first known missile testing activities in about a month. Outside experts earlier predicted North Korea would … Read more
US President Joe Biden plans to express concern over Nippon Steel’s proposed US$14.9 billion purchase of US Steel, according to a person familiar with the matter, pushing the US company’s stock 12 per cent lower on bets the deal could face greater political opposition. In December, Nippon Steel clinched a deal to buy the 122-year-old … Read more
Commuters walking at Shibuya Crossing, Tokyo © Marco Bottigelli | Moment | Getty Images Japan averted a technical recession as revised official data on Monday showed the economy returned to growth in the October-December period last year, bolstered by strong capital expenditure. The upward revisions though were weaker than estimated, with private consumption remaining weak. … Read more
An editorial picture of the Japan flag set against an economic trend graph and images associated with the stock market, finance and digital technology. Manassanant Pamai | Istock | Getty Images Japan’s economy dipped into a technical recession, after unexpectedly contracting again in the October-December period, provisional government data showed Thursday. High inflation crimped domestic demand … Read more
TSMC, the world’s largest contract chip maker, said that Toyota Motor Corp will be joining as a new investor of Japan Advanced Semiconductor Manufacturing (JASM), the Taiwanese firm’s majority-owned manufacturing subsidiary in Kumamoto Prefecture on the southwestern island of Kyushu. The TSMC board approved an injection of no more than US$5.26 billion in JASM, though … Read more
Two weeks after the deadly New Year’s Day earthquake struck Japan’s north-central region of Noto, some schools reopened and limited rubbish collection resumed on Monday in rare hopeful signs amid the devastation that thousands of people still face in the area. The magnitude 7.6 earthquake on January 1 killed at least 222 people and injured … Read more
Flag of Japan on dark blue background. 3D render Da-kuk | E+ | Getty Images Japan is stepping up efforts to ensure its listed companies become more efficient with capital allocation and increase shareholder returns this year. The operator of Tokyo’s stock exchange will release Monday, its first monthly list of public companies that have … Read more
Local reports claim the group amassed some 500 million yen in a secret slush fund, and virtually every member has been implicated, with some political pundits suggesting it could even “collapse” under the weight of the bad publicity. Kishida has launched a task force to tackle the scandal in an attempt to restore support for … Read more
PM Modi wrote he is deeply anguished and concerned to learn about the Japan earthquake and assured Kishida that New Delhi was ready to extend all possible help. File Photo (ANI) Japan Earthquake: Prime Minister Narendra Modi Thursday penned an emotional letter to his Japanese counterpart Fumio Kishida in the wake of a major earthquake … Read more
The 7.5 magnitude earthquake, which sent shock waves across Ishikawa prefecture, triggered tsunami waves more than a metre high, sparked a major fire and tore apart roads. Prime Minister Fumio Kishida has called an emergency meeting of the task force on Wednesday morning to discuss responses. Tokyo: The death toll in the devastative earthquake that … Read more
