A tsunami has hit coastal areas of Russia’s Kuril Islands and Japan’s large northern island of Hokkaido after an 8.7-magnitude earthquake early Wednesday.
Japan says powerful quake has hit near Russia’s Kamchatka Peninsula, issues a tsunami advisory
Japan’s meteorological agency says that a powerful earthquake has hit near Russia’s Kamchatka Peninsula and issued a tsunami advisory for Japan.
Big Japan banks’ overseas loans top $680bn on larger US projects
Overseas loan balances for Japan’s three major banks totaled 102 trillion yen ($686 billion) as of the end of March, topping 100 trillion yen for the second straight year …
Japan Finance Ministry upgrades economic assessment for Okinawa
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 …