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.
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.
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 …
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 …
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 …
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 …
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 …
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.
MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors
Proceeds will be used for working capital needs related to EVs. MUFG Bank (Malaysia), a subsidiary of Japan’s Mitsubishi UFJ Financial Group (MUFG), has completed its first Islamic Green Trade Finance …
Yen Slumps to 2023 Low as Japan Intervention Debate Intensifies
The yen slumped past levels that have seen Japan wade into the currency market in the past, putting traders on guard for verbal intervention from officials Thursday amid a persistently wide …