Page 40 - Japan

Japan economy grew at fastest pace on record in 3rd quarter; outlook murky

Japan's economy grew at fastest pace on record in third quarter, rebounding sharply from biggest postwar slump, as improved exports and consumption helped it emerge from damage caused by coronavirus

RCEP signatories ready for talks once India gives written request to join

Countries that have signed the RCEP agreement can start negotiations with India for joining the pact once New Delhi submits a written request stating its intention for the same

Japan PM reiterates call to action as Covid-19 cases hit record high

Japanese Prime Minister Yoshihide Suga reiterated his call to take strict action against the raging Covid-19 pandemic, as new cases across the country have hit a record high.

Panasonic appoints company veteran Kusumi as CEO, replacing Tsuga

The change comes as Panasonic has begun to benefit from a partnership with Tesla, which was central to the incumbent chief's strategy.

In calls with world leaders, Biden emphasises on a secure Indo-Pacific

US President-elect Joe Biden in phone calls with the leaders of Australia, Japan and South Korea emphasised on maintaining a secure and prosperous Indo-Pacific region

Japan machinery orders fall, clouding outlook for capital spending recovery

Japan's core machinery orders fell for the first time in three months in September and at a faster than expected pace

Hoping for economic boost, Japan wants Tokyo Olympics to go ahead: poll

Japanese Prime Minister Yoshihide Suga, who sees tourism as key to reviving the economy, has vowed to do all it takes to ensure the coronavirus pandemic-delayed Olympics Games take place in 2021

SoftBank Group says it spent $1.35 billion on buybacks in October

TOKYO (Reuters) - SoftBank Group Corp <9984.T> said on Monday it spent 139.3 billion yen ($1.35 billion) repurchasing almost 20 million shares in October, part of a record buyback plan that has pushed the group's share price to near two-decade highs.

Key Japan indicator rises for 4th month in September, outlook index jumps

A key Japanese economic indicator improved for the fourth straight month in September, suggesting relief is at hand for an economy still feeling the drag from the coronavirus pandemic

Climate change: A polluter's easy path to the zero emissions club

Countries accounting for about 56% of the world's emissions have now announced or are investigating targets to eliminate their emissions by mid-century

Magnitude 6.2 earthquake recorded over 600 miles southeast of Tokyo

A 6.2 magnitude earthquake was registered on Saturday near the Japanese island of Chichijima in the Ogasawara archipelago over 600 miles southeast of Tokyo, the Japan Meteorological Agency (JMA) said

Covid impact: Japan govt to cut employee bonuses for 1st time in decade

The Japanese government has decided to cut bonuses for its employees in fiscal 2020, the first time in 10 years, to narrow the gap with that of companies impacted by the Covid-19 pandemic

Japan automaker Honda reports profit rise despite Covid-19 pandemic

Japanese automaker Honda reported Friday that its profit rose 23 per cent in the last quarter, despite a pandemic that has slammed businesses around the world

Japan's Takeda eyes new focus on vaccines after OTC asset sales: CEO Weber

Japan's Takeda Pharmaceutical is looking at making vaccines a core business after completing asset sales to lower debt following its takeover of Shire, Chief Executive Christophe Weber said

SoftBank investors await CEO Son's cashpile clues in second-quarter report

TOKYO (Reuters) - SoftBank Group Corp <9984.T> shareholders have an $80 billion (£61 billion) question for Chief Executive Masayoshi Son when he presents the Japanese tech investment giant's earnings on Monday: Just what will he do with that cash, due in from assets sold since March?

Japan's household spending, wages slump as Covid-19 pandemic pain lingers

Japan's household spending slumped in September from a year earlier and real wages slid for the seventh straight month, data showed

Had a strong Prime Day in India, Diwali off to a good start: Amazon CFO

The e-commerce giant will continue to invest in international markets including India, where the volumes are growing

Japan's factory output rises for 4th month on jump in machinery production

Separate data showed the September jobless rate held steady, while the number of available jobs per applicant fell to the lowest level since late 2013

Japan automakers post 2.1% dip in Sep global sales on subdued demand

Japanese automakers saw a 2.1% drop in global vehicles sales in September compared with a year earlier as the coronavirus pandemic continued to hurt demand even as factories and dealerships reopen

Japan Sep retail sales fall 8.7% y-o-y as shopping appetite remains subdued

Japanese retail sales fell 8.7% in September from a year earlier, down for a seventh straight month, government data showed, as the coronavirus pandemic kept a lid on consumers' shopping appetite