Okinawa is enjoying an economic rebound thanks to some strong tourism numbers, according to Japan’s Finance Ministry. Officials have upgraded their economic assessment for the southern island …
Japan’s state-backed JIC to launch $5.4bn fund for big restructuring deals
TOKYO — The state-backed Japan Investment Corp. will set up an 800 billion yen ($5.4 billion) fund as early as this year for sweeping business overhauls as Japanese companies log a record pace of …
Timor Leste’s Energy Ambitions Could Make It The ‘Next Guyana’
TIMOR GAP owns a 56.56% interest in that joint venture, with Australia-based Woodside Energy owning 33.44% and serving as operator. The remaining 10% are owned by Japan-based Osaka Gas.
Bank of Japan ‘Must Increase Interest Rates,’ Suntory’s CEO Says
Japan’s central bank should raise rates when its policy board meets this week, and failure to do so will weaken the yen and exacerbate inflation, said Takeshi Niinami, chief executive officer of …
US-Japan Trade Deal Guarantees Lowest Tariff Rates for Chips, Pharma, Japanese Official Says
TOKYO (Reuters) -Japan’s leading trade negotiator said on Tuesday that the trade deal Tokyo agreed with the United States last week guarantees Japan will always receive the lowest tariff rate on chips …
Bank of Japan Likely on Hold Though U.S. Trade Deal Cuts Uncertainty
Japan’s central bank policymakers are expected to keep rates on hold this week, despite the trade deal with the U.S. relieving some uncertainty over tariffs and strengthening the case for tighter …
India’s April-June finished steel imports fall nearly 30% as China, Japan shipments slow
India’s finished steel imports dropped nearly 30% in the first three months of the financial year that started in April, due to a persistent fall in shipments from China and Japan, according to …
Explainer: What’s at stake for Japan’s fragile bond market this week
Japan’s bond market faces stern tests this week, from domestic political ructions and a possible hawkish shift at the central bank to global risks stemming from the Federal Reserve.
Plans reignited for Japanese luxury hotel at former JCPenney HQ in Plano
Last week, Kintetsu Enterprises Company of America filed plans with the state for Miyako Hybrid Hotel Plano, a 13-story, 217-key hotel at the former …
‘Don’t Repeat Japan, Vietnam’s Mistakes’: GTRI Urges India To Seek Written US Trade Pact
GTRI called for India to take a cue from the experiences of countries like Vietnam and Japan and insisted that India should ask for a jointly issued, written statement before acknowledging any deal.