Tag Archives: Japan

Japan bets big on making fuel-cell cars a near-future reality

TOKYO (Reuters) - Japan's government and top carmakers, including Toyota Motor Corp, are joining forces to bet big that they can speed up the arrival of the fuel cell era: a still costly and complex technology that uses hydrogen as fuel and could virtually end the problem of automotive pollution.

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Source: Reuters

    

Colombia tops World Cup group by beating Japan 4-1

James Rodriguez scored a brilliant goal and set up two more for Jackson Martinez as Colombia routed Japan 4-1 on Tuesday to confirm top spot in Group C and eliminate the Asian champions from the World Cup.

Colombia's Juan Cuadrado scores the opening goal from the penalty spot during the group ...read more

Source: The Sacramento Bee

    

Japan unveils latest instalment of 'Third Arrow' reforms

TOKYO (Reuters) - Prime Minister Shinzo Abe unveiled a package of measures on Tuesday aimed to boost Japan's long-term economic growth, from phased-in corporate tax cuts to a bigger role for women and foreign workers, but applause from investors is likely to be muted after Tokyo backpedalled on bolder reforms.

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Source: Reuters

    

Japan unveils latest instalment of 'Third Arrow' reforms

TOKYO (Reuters) - Prime Minister Shinzo Abe unveiled a package of measures on Tuesday aimed to boost Japan's long-term economic growth, from phased-in corporate tax cuts to a bigger role for women and foreign workers, but applause from investors is likely to be muted after Tokyo backpedalled on bolder reforms.

...read more

Source: Reuters

    

Abe's 'drill bit' hits resistance on Japan labor reform

TOKYO (Reuters) - When Prime Minister Shinzo Abe vowed at the World Economic Forum in Davos to take a "drill bit" to the "solid rock" of vested interests in reforming Japan's economy, executives at companies such as General Electric and IBM paid attention.

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Source: Reuters

    

Tax cuts, dance hall deregulation aim to set Japan swinging

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe is set to unveil measures ranging from phased corporate tax cuts and public pension reforms to proposed dance hall deregulation, but the latest salvo from his three-pronged strategy for economic revival may disappoint some investors urging more radical steps.

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Source: Reuters

    

Japan's Abe unveils plan to cut corporate tax rate to spur business activity

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe unveiled a plan on Friday to cut the corporate tax rate below 30 percent in stages over a few years from the next fiscal year to help pull the economy out of two decades of sluggish growth and deflation. Investors have been ...read more

Source: Reuters

    

Matsuyama wins Memorial in a playoff

With every swing, Hideki Matsuyama appeared to join a cast of top players throwing away a chance to win the Memorial.

Hideki Matsuyama, of Japan, celebrates after winning the Memorial golf tournament in a playoff on Sunday, June 1, 2014, in Dublin, Ohio.

Hideki Matsuyama, right, of Japan, runs to see his ...read more

Source: The Sacramento Bee

    

Abe to take aim at GPIF with expanded oversight panel: sources

TOKYO (Reuters) - Japan is moving to shake up oversight of the world's largest public pension fund to give it a more professional and expanded board and reduce its reliance on government bonds as part of a set of economic reforms to be announced next month by Prime Minister Shinzo ...read more

Source: Reuters

    

Japan’s prime minister calls for major shift in use of military

By Chico Harlan Prime Minister Shinzo Abe said Thursday in a nationally televised address that Japan should allow its military to come to the aid of allies under attack, a divisive step that has been banned since the aftermath of World War II and would require a reinterpretation of Japan's pacifist constitution. Read ...read more

Source: The Washington Post

    

Japan PM to urge company boards to open up in governance push as resolve tested

TOKYO (Reuters) - Prime Minister Shinzo Abe is set to outline plans to improve corporate governance as part of an updated economic strategy next month, aiming to overturn Japan's reputation for neglecting shareholders and salvage his reform credentials.

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Source: Reuters

    

How Japan's Marubeni stumbled in China after rapid expansion

TOKYO/BEIJING (Reuters) - A year after spending $3.6 billion to buy grain trader Gavilon to expand in China, Japan's Marubeni Corp has been shaken by defaults on soybean sales and faces an investigation into alleged tax evasion in the world's top food consumer.

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Source: Reuters

Category: businessNews

    

Innovations: Why Japan builds the fastest elevators

By Tuan C. Nguyen Over the past few decades the Japanese have become renowned for engineering some of the world's fastest elevators. In fact of the eight fastest elevators four have been developed by Japanese manufacturers. The latest benchmark-setting example comes from Hitachi which recently announced a system that will transport visitors from the ...read more

Source: The Washington Post

    

Obama says U.S. will stand by treaty obligations to Japan

By Juliet Eilperin TOKYO — President Obama affirmed the fact that United States' treaty obligations to Japan extend to a chain of contested islands in the East China Sea Thursday, even as he emphasized that Japan and neighboring China should seek a peaceful resolution to the dispute. Read full article >> ...read more

Source: The Washington Post

    

Japan business lobby plans corporate governance rules: source

TOKYO (Reuters) - Japan's most powerful business lobby, Keidanren, plans to introduce corporate governance rules that will require better disclosure, a person familiar with the matter said, but they will stop short of bolder reforms sought by many investors.

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Source: Reuters

    

Army general disciplined over mishandling of sexual-assault case in Japan

By Craig Whitlock The sexual misconduct complaints piled up on the desk of Maj. Gen. Michael T. Harrison Sr., the commander of U.S. Army forces in Japan. A colonel on his staff had been accused of having an affair with a subordinate, of drunken and inappropriate behavior with other women at a military ...read more

Source: The Washington Post

    

Vacuum ultraviolet lamp of the future created in Japan

A team of researchers in Japan has developed a solid-state lamp that emits high-energy ultraviolet (UV) light at the shortest wavelengths ever recorded for such a device, from 140 to 220 nanometers. This is within the range of vacuum-UV light—so named because while light of that energy can propagate in ...read more

Source: phy.org

    

China seizure of ship could hurt Japan business: Japan spokesman

TOKYO (Reuters) - China's seizure of a ship owned by Japanese shipping firm Mitsui O.S.K. Lines Ltd for allegedly failing to pay compensation stemming from a wartime contractual obligation is "extremely regrettable" and could hurt Japanese business there, Japan's top government spokesman said on Monday.

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Source: Reuters

    

After two bumper years, Toyota braces for shift to slower growth

TOYOTA CITY, Japan/TOKYO (Reuters) - Toyota Motor Corp is set to post record growth for the year just ended - with a likely $10 billion surge in operating profit - but the mood at its HQ in Japan's prosperous automotive heartland is cautious as executives warn of a leaner year ...read more

Source: Reuters

    

Caroline Kennedy rides on world's fastest train in Japan

Japanese Prime Minister Shinzo Abe and U.S. Ambassador Caroline Kennedy take a ride on a magnetic levitation train at the Yamanashi Maglev Test Center of Central Japan Railway Co. in Tsuru, Japan. Japan hopes to export its railway technology to the U.S. Lucy Craft reports. ...read more

Source: CBS News

    

US to deploy 2 more destroyers to Japan by 2017

The U.S. will deploy two additional ballistic missile defense destroyers to Japan by 2017 as part of an effort to bolster protection from North Korean missile threats, Defense Secretary Chuck Hagel said Sunday.

U.S. Secretary of Defense Chuck Hagel, center, is escorted by his Japanese counterpart Itsunori Onodera, right, as they ...read more

Source: The Sacramento Bee

    

Court orders stay on Japanese Antarctic whaling

The International Court of Justice on Monday ordered a temporary halt to Japan's Antarctic whaling program, ruling that it is not for scientific purposes as the Japanese government had claimed.

FILE - In this file photo taken on Sunday, Jan. 5, 2014 and supplied by Sea Shepherd Australia on Monday, Jan. ...read more

Source: The Sacramento Bee

    

Japan Display Slides 15% in Market Debut

By By HIROKO TABUCHI A high-stakes bid by Japan to breathe life back into its electronics sector got a tepid response from investors Wednesday after Japan Display, fused from the struggling display units of Sony, Toshiba and Hitachi two years ago, slid 15 percent in its debut on the Tokyo Stock Exchange. ...read more

Source: The New York Times

    

Tepid exports cloud Japan outlook, more BOJ stimulus eyed after sales tax rise

TOKYO/OTSU (Reuters) - Japan's annual export growth in February was short of market expectations and a Bank of Japan policymaker warned about the outlook as the world's third-largest economy faces a sales tax hike next month that could dent economic activity.

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Source: Reuters

    

Japan marks 3rd anniversary of tsunami disasters

Japan is marking the third anniversary of a devastating earthquake and tsunami that left nearly 19,000 people dead or missing, turned coastal communities into wasteland and triggered a nuclear crisis.

Anti-nuclear protesters hold balloons during a rally in front of the Ministry of Economy, Trade and Industry (METI) in Tokyo, ...read more

Source: The Sacramento Bee

    

BOJ Kuroda: Japan getting on track towards reaching price target

TOKYO (Reuters) - Bank of Japan Governor Haruhiko Kuroda said on Wednesday that Japan's economy is getting on track towards achieving a 2 percent inflation target as price hikes spread to a broader range of goods on the back of a narrowing output gap.

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Source: Reuters

    

Gaming magnate Adelson bets on himself to win Japan's casino race

TOKYO/MACAU (Reuters) - Billionaire Sheldon Adelson is willing to bet $10 billion that his Las Vegas Sands will become the leader in casino gambling in Japan, an offer he says his competitors can't match. What remains to be seen is whether one of the world's last great untapped gaming markets ...read more

Source: Reuters

    

Most Japan automakers resume plant operations after snow; Mazda, Nissan still affected

TOKYO (Reuters) - Most Japanese car makers including Toyota Motor Corp have resumed operations at their plants that were suspended after heavy snow disrupted parts deliveries, companies said on Tuesday, limiting impact on their domestic production volume.

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Source: Reuters