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Japan

Japan records hottest June day amid energy squeeze

Reuters
TOKYO, June 25 (Reuters) – A city in eastern Japan logged the country’s highest temperature for a June day on Saturday, breaking above 40 Celsius, the weather bureau said. The heat-wave, which the Japan Meteorological Agency (JMA) expects to persist throughout the summer, came as the government called on households......

Toyota issues recall for its flagship electric SUV following concerns about wheels coming off  

CNBC
CNBC – For more and to sign up click here Toyota’s bZ4X electric sport utility vehicle photographed in Chiba Prefecture, Japan, on Feb. 24, 2022. The Japanese automotive giant has issued a safety recall related to the bZ4X’s wheels. Kiyoshi Ota | Bloomberg | Getty Images Japanese automotive giant Toyota......

U.S., Japan, Australia, New Zealand and United Kingdom form Pacific group

Reuters
June 24 (Reuters) – The United States, Australia, Japan, New Zealand and the United Kingdom launched an informal group aimed at boosting economic and diplomatic ties with Pacific island nations, the White House said on Friday. The Biden administration has vowed to commit more resources to the Indo-Pacific as China......

Toyota recalls electric car for faulty wheel that may detach

CBS News
CBS News – For more and to sign up click here Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars. Toyota Motor said Friday the cause is still under investigation,......

Exclusive: Japan emphasised hybrids in policy document after lawmaker cited lobbying from Toyota head

Reuters
TOKYO, June 24 (Reuters) – Japan changed a key policy document to show its support for hybrids was on par with battery-electric vehicles after a lawmaker cited the head of Toyota saying automakers couldn’t back a government that rejected the technology popularised by the Prius, according to notes from a......

Global economy: U.S. recession fears darken outlook for Japan, global factories

Reuters
TOKYO, June 23 (Reuters) – Japan’s factory activity growth slowed to a four-month low in June as China’s COVID-19 curbs disrupted supply chains, while many other economies in Asia were also facing headwinds amid growing risks to the outlook from a potential U.S. recession. Australia’s manufacturing activity held steady this......

Jolted by the Ukraine war and China’s aggression, Japan looks to boost its defense capability

CNBC
CNBC – For more and to sign up click here The Ukraine war and increasing Chinese aggression in the region have raised the stakes for Japan as a close neighbor to Taiwan. Taiwanese rescue workers here take part in an exercise simulating a missile attack by the Chinese People’s Liberation......

Yen falls as Bank of Japan bucks rate rise trend

BBC
https://www.bbc.co.uk/news/business-61836180?at_medium=RSS&at_campaign=KARANGA “I expect financial markets to continue to put pressure on the yen, potentially pushing it to well over 140 against the dollar, as the Bank of Japan insists on capping interest rates at near zero, while the rest of the world hastily embarks on tightening to get on top......

Japan runs biggest trade deficit in more than 8 years in May

Reuters
May trade deficit 2.385 trln yen, largest since Jan 2014 Imports gain more than expected y/y May exports rise less than expected y/y TOKYO, June 16 (Reuters) – Japan ran its biggest single-month trade deficit in more than eight years in May as high commodity prices and declines in the......

Asia markets tumble; Japan, South Korea and Hong Kong drop about 3% and dollar-yen touches 135

CNBC
CNBC – For more and to sign up click here SINGAPORE — Shares in Asia tumbled on Monday, as major markets in the region saw sharp losses and the dollar-yen hovered around the 135 level. South Korea’s Kospi fell 3.3%, led by tech shares like Samsung Electronics which declined 2.51%......

Japan business community seeks further relaxation of border controls

Reuters
A notice about COVID-19 safety measures is pictured next to closed doors at a departure hall of Narita international airport on the first day of closed borders to prevent the spread of the new coronavirus Omicron variant in Narita, east of Tokyo, Japan, November 30, 2021. REUTERS/Kim Kyung-Hoon Register now......

South Korea, U.S., Japan condemn N.Korea missile tests, urge talks

Reuters
North Korean missile tests ‘serious, unlawful’, allies say U.S., S.Korea, Japan to boost defence cooperation Experts and officials say North preparing a nuclear test North urged to accept help with COVID SEOUL, June 8 (Reuters) – North Korea’s missile tests are “serious, unlawful” provocations, senior officials from South Korea, the......

Japan is about to welcome back foreign travelers, but domestic tourism remains its priority

CNBC
CNBC – For more and to sign up click here After more than two years of closed border policies, Japan is set to welcome back international travelers this week. Come June 10, foreign tourists traveling via packaged tours can enter Japan. However, the government’s priority still lies in boosting domestic......

The race toward a new computing technology is heating up — and Asia is jumping on the trend

CNBC
CNBC – For more and to sign up click here A quantum computer in a vibration-free building. Quantum computing will ultimately speed up the computational power that drives many industries and could affect everything from drug discovery to how data is secured. Oliver Berg | Picture Alliance | Getty Images......

Japan calls for strict examinations in nuclear oversight – draft document

Reuters
An aerial view shows the Fukushima Daiichi nuclear power plant following a strong earthquake, in Okuma town, Fukushima prefecture, Japan in this photo taken by Kyodo on March 17, 2022. Mandatory credit Kyodo/via REUTERS Register now for FREE unlimited access to Reuters.com Register TOKYO, June 6 (Reuters) – Japan will......

Japan considers resuming tourism discount as COVID eases -Nikkei

Reuters
TOKYO, June 4 (Reuters) – Japan’s government is considering resuming a national travel discount campaign as soon as late this month to help the tourism industry recover from a COVID-19 slump, the Nikkei newspaper said on Saturday. A revived “Go To Travel” campaign would likely serve as a core measure......

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