Page 3 - Japan

Japan's trade gap widens as import costs surge on supply pressures

The mixed data on Thursday followed the yen's falls to two-decade-lows against the dollar earlier this month, which stoked fears of worsening terms of trade

Biden to visit Japan for Quad Summit, to have bilateral meetings with Modi

While he's in Tokyo, Biden will launch a new and ambitious economic initiative for the region, the Indo-Pacific Economic Framework (IPEF), which will be a 21st century economic arrangement

Japan approves plan to release Fukushima nuclear plant wastewater

Japan's nuclear regulator approved plans by the operator of the wrecked Fukushima nuclear plant to release its treated radioactive wastewater into the sea next year

Japan's economy contracts in first quarter as energy prices soar

Japan's economy shrank at a worse than expected annual rate of 1 per cent in the first quarter, as rising prices and Covid restrictions sapped spending and investment, according to data released

Japan to ban export of hi-tech goods to Russia from May 20 over Ukraine war

The list of the goods, banned for the exports to Russia, includes oil refining equipment, quantum computers, electron microscopes, atomic force microscopes and 3D printers

Japan, EU agree to step up sanctions on Russia, seek to counter China

Security in Europe and in the Indo-Pacific are inseparable, said Japanese Prime Minister Fumio Kishida

Toyota plans to make EV parts in India for domestic, export markets

The move follows the company's recent announcement that it will invest 48 bn rupees ($621 mn) in India to localise the supply chain for EVs, and is also part of its broader 2050 carbon-neutrality goal

Earthquake shakes area between Taiwan, Japan; tsunami alert not issued

Japanese authorities said a magnitude 6.6 quake struck off the southern and westernmost island of Yonaguni, which is about 110 kilometers (66 miles) east of Taiwan

Japan joins G-7 against Ukraine invasion, will quit Russian oil imports

It's an extremely difficult decision for a country that mostly relies on energy imports, including oil, Kishida told reporters Monday. But G-7 unity is most important right now.

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Japan's PM Kishida warns Ukraine-like invasion of Taiwan by China

Kishida said that Russia's invasion of Ukraine might presage similar events in Taiwan unless Japan and its Indo-Pacific allies respond to a crisis on the self-governing island in a unified manner

Highest inflation in Tokyo in over three decades makes things tough for BOJ

While Tokyo's inflation is finally approaching the 2% level targeted by the BOJ, the April figures are unlikely to prompt the central bank to cut back its monetary easing

Supply chain plan: Japanese government selects six Indian projects

These projects will be implemented by March 2023

Biggest treasury buyer outside US quietly offloads nearly $60 bn

The latest data from BMO Capital Markets show the largest overseas holder of Treasuries has offloaded almost $60 billion over the past three months

Japan PM visits Thailand to discuss bilateral relations, Myanmar crisis

Japanese officials have said Kishida would also discuss a possible Reciprocal Access Agreement with Thailand, aimed at deepening their defense cooperation

Hope fizzles for Japan's 'revenge spending' splurge as inflation looms

Some bigger companies have answered a government call to raise wages but the gains of some 2% will be swallowed up by higher prices of everything from flour, to diapers and beer, economists say

Covid: K'taka orders measures for passengers arriving from Japan, Thailand

Amid fresh COVID-19 concerns, Karnataka government instructed officials to initiate surveillance measures for those arriving from Japan and Thailand, including RT-PCR tests

US to call for joint response against Russia at upcoming Quad meeting

This comes as Japan announced a summit of leaders of the Quadrilateral Security Dialogue (QUAD) nations in Tokyo on May 24

Dollar hits 20-yr high, euro at 5-yr low as yen tumbles on dovish BOJ

The dollar shot past the key level of 130 yen after the BOJ strengthened its commitment to keep interest rates ultra-low

India-Japan ties have deepened in every sphere in 70 years: PM Modi

India and Japan established diplomatic relations on April 28, 1952, according to the Ministry of External Affairs