S&P Global Ratings on Tuesday lowered its outlook on Japan’s sovereign debt rating to stable from positive, citing increased uncertainty over the country’s fiscal health as it boosts spending to …
Japan May machine tool orders down 52.8% y/y – industry association
Japan’s machine tool orders in May were down 52.8% compared with a year earlier, a preliminary estimate from the Japan Machine Tool Builders’ Association showed on Tuesday. Compared with a month …
Japan, UK agree to work on swift trade agreement: Japan government statement
Japan and the United Kingdom agreed to start negotiations for a swift agreement on an economic partnership to secure business continuity for both nations, Japan’s foreign ministry said on Tuesday.
Robot Built for Japan’s Aging Workforce Finds Coronavirus Role
Mira Robotics developed its “ugo” robot to reinforce greying Japan’s shrinking workforce, but as the coronavirus threat persists, the Japanese startup is offering its machine as a tool in the fight …
NATO Chief Says Alliance ‘Does Not See China As the New Enemy or Adversary’
Jens Stoltenberg made the comments as he launched the NATO 2030 initiative. He said non-alliance countries like Japan and New Zealand would need to co-operate to balance the rise of China.
As Japan Inc battles coronavirus, cash and bank deposits rise at record pace in May
Japan’s money stock, or currency in circulation and bank deposits, rose at the fastest annual pace on record in May as companies hoarded cash to guard against slumping sales from the coronavirus …
UK to start post-Brexit trade talks with Japan
The UK and Japan are set to begin talks on Tuesday aimed at reaching agreement on a post-Brexit trade deal. The negotiations come as London and Tokyo work towards replacing the agreement Britain …
Japan wants manufacturing back from China, but breaking up supply chains is hard to do
When Japanese firm Iris Ohyama agreed in April to begin producing much-needed face masks in Japan, it marked a win for Prime Minister Shinzo Abe who wants to bring manufacturing back from China.
Japan Hopes to Draft G7 Formin Statement on China Security Legislation on Hong Kong: Source
Japan hopes to draft a joint statement on China’s new security legislation on Hong Kong at the next Group of Seven (G7) foreign ministers’ meeting, a Japanese government source familiar with the …
China’s coast guard to be given wartime power, report says
China is pursuing an amendment to the law that would allow its coast guard to receive instructions from Beijing’s military during wartime, according to a Japanese press report.