Page 16 - Japan

Japan PM vows to step up defence amid growing threats from China, N Korea

Japanese Prime Minister Fumio Kishida vowed to create a stronger Self-Defense Force to protect the country amid growing threats from China and North Korea.

Japan PM urges companies to raise wages as business sheds Covid impact

Japanese Prime Minister Fumio Kishida on Friday urged companies whose earnings have recovered to pre-pandemic levels to raise wages by 3% or more

In Japan, a weaker yen may not be the blessing it once was

TOKYO (Reuters) - A weak yen, once seen as favourable for Japan's exports-focused economy, has now become a pain point as it eats into household finances and confounds policymakers.

Japan official denies reports that PM to call for 3% wage hike next year

The proposal was reported by Kyodo news agency and other outlets, which said Kishida would put it forward at a government panel on Friday

Japan PM Kishida to call for 3% wage hike in next year's labour talks

The request will be part of his initiative to distribute more wealth to households, and help ease the pain on consumers from rising oil and food costs.

Japan, Vietnam express serious concern about South China Sea

Japanese officials say Chinese vessels routinely violate Japanese territorial waters near the East China Sea islands, sometimes threatening fishing boats

Japan, India working on oil-stock release with US, timing unclear: Sources

The U.S. government has been unable to persuade OPEC+ to pump more oil, with major producers arguing the world was not short of crude.

EAM Jaishankar and his Japanese counterpart hold telephonic talks

They also vowed to cooperate in tackling COVID-19 and countering the challenge of terrorism

After US request, Japan considering release of state oil reserves: Report

Japan is considering the unprecedented release of state oil reserves after a request from Washington

Japan to host Quad group meeting next year, says US official

If this Quad Summit takes place it would be the first one to be hosted by Japanese Prime Minister Fumio Kishida

Japan mulls releasing oil reserves to respond to increasing prices: Reports

Previously, Japan resorted to this measure only in case of natural calamities or disruptions in overseas supplies caused by unstable political situation

Japan Cabinet OKs record stimulus package to fix economy

Japan's Cabinet approved on Friday a record 56 trillion yen ($490 billion) stimulus package, including cash handouts and aid to ailing businesses, to help the economy.

US, Japan reaffirm importance of trilateral cooperation with South Korea

Senior diplomats of the US and Japan have reaffirmed the importance of cooperation with South Korea

What does Japan's record $490 billion stimulus package look like?

The 56 trillion yen ($490 billion) package, the first to be compiled by Prime Minister Fumio Kishida, will reflect the premier's focus on distributing more wealth to households.

Japan's stimulus package spending to hit record $488 bn due to Covid blow

Japan's new stimulus package will include record spending of about $488 billion due to huge payouts to cushion the economic blow from the COVID-19 pandemic

In major shift, Japan looking to accept more foreigners indefinitely

The government had been looking to ease those restrictions, which had been cited by companies as among reasons that they were hesitant to hire such help.

Japan to start administering Covid vaccine booster doses from Dec 1

A panel of the Japanese Health Ministry has approved administering booster shots of the Covid-19 vaccine from December 1.

Toshiba says it plans to split into 3 firms, rejects calls to go private

After spinning off the two companies, Toshiba will continue to own its 40.6% stake in memory chipmaker Kioxia as well as other assets

Japan plans stimulus of $350 billion to ease pain of Covid-19, oil costs

The spending is likely to be financed by some new debt, adding to the industrial world's heaviest public debt at more than twice the size of Japan's economy

Japan adding more hospital beds in plan for next coronavirus surge

The Japanese government's preparations for the next virus surge include adding thousands more hospital beds to avoid a situation like last summer