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Tag: Japan

Posted on August 17, 2023

Japan racks up $538M trade deficit in July as exports of chipmaking equipment plunge

Falling exports saw Japan open up a $538 million trade gap with the rest of the world in July, official figures out Thursday show, raising a question mark over the durability of a current growth spurt.
Posted on August 17, 2023

Japanese mountaineer dies and another is injured while climbing a never-scaled peak in Pakistan

A Japanese climber has died and a another was injured when they apparently were hit by rocks while trying to scale one of the highest peaks in northern Pakistan.
Posted on August 17, 2023

China Slams Upcoming U.S.-Japan-South Korea Summit as Posing ‘Destructive’ Threat

New regional dangers have proven enough to bring the U.S., South Korea and Japan together for new talks about how they can offset threats from North Korea, China and Russia.
Posted on August 17, 2023

China’s behavior has brought Japan and South Korea together to work with the US says former ambassador

Bianna Golodryga speaks to former US Ambassador to South Korea Kathleen Stephens about President Biden’s upcoming Camp David summit with Japanese and South Korean leaders.
Posted on August 17, 2023

What happened to Japan, Inc.? Once a business powerhouse, Japan’s presence among the world’s biggest companies is in steep decline

By comparison, the U.S. and China have many more rising stars. Take Tesla. The EV manufacturer debuted on the Fortune Global 500 list three years ago and has already shot up to 152nd place, ahead of …
Posted on August 17, 2023

Indonesia delays plan to invest $20 bln in energy transition funds

A coalition of nations led by the United States and Japan, has promised to mobilise public and private finance under the so-called Just Energy Transition Partnership (JETP). The initiative aims to help Indonesia shutter coal power plants, adopt greener …
Posted on August 17, 2023

S. Korea to issue yen-denominated FX stabilization bonds next month

South Korea’s finance ministry said Thursday it plans to issue yen-denominated foreign exchange stabilization bonds next month, as the country seeks to expand economic ties with Japan. It would mark …
Posted on August 17, 2023

Japan trade data dims growth prospects as China leads decline in Asia exports

Exports fell 0.3% in July from a year earlier for the first time since February 2021, according to provisional data released Thursday by Japan’s Ministry of Finance. Exports to Asia plunged almost 37%, while those to China contracted 13.4% in an eighth …
Posted on August 17, 2023

Will the rest of the world feel China’s deflation pain?

“China’s consumption recovery remains soft and uneven, but this a far cry from Japan-style deflation,” said Duncan Wrigley, chief China economist at Pantheon Macroeconomics, referring to the country’s …
Posted on August 17, 2023

Japan mothers’ group fears Fukushima water release could revive health concerns

By Kiyoshi Takenaka, Akiko Okamoto and Tom Bateman IWAKI, Japan (Reuters) – Waves crashing on a Japanese beach lashed a man and a woman wearing waders and hats as they demonstrated the use of a blue bucket to scoop some of the liquid into large plastic containers to be taken away and tested for radiation.

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