News
Japan core inflation slows for second month, takes pressure off BOJ
TOKYO —Japan‘s core inflation stayed above the central bank’s 2-percent target in December but slowed for a second straight month, data showed on Friday, reinforcing expectations it will be in no hurry to phase out its massive monetary stimulus.
Quake leaves deep scars on famed Noto sake brewers
KANAZAWA – The powerful New Year’s Day earthquake that ravaged a remote central Japan region has left its famed, centuries-old sake-making industry facing the danger of losing some of the craftsmanship it has nurtured to produce quality brands.
Ecozone regulator wooing more Japan investors
MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) is eyeing to grow investments from Japanese investors to as much as P80 billion this year, as it continues to be aggressive in its investment promotion efforts in the East Asian market.
China opposes Japan’s congratulatory message to Taiwan president-elect
BEIJING – The Chinese embassy in Japan said on Sunday that it “resolutely opposed” Japanese Foreign Minister Yoko Kamikawa’s statement congratulating Taiwan’s new president-elect Lai Ching-te.
Japan to expand FY2024/25 budget reserves for earthquake aid
TOKYO – Japan plans to expand its budget reserves for fiscal 2024/25 to support recovery from the Noto Peninsula earthquake, Finance Minister Shunichi Suzuki said on Tuesday.
U.S. to provide Japan quake support
TOKYO – Japan has accepted a U.S. offer to assist in response to the powerful quake that rocked the central region on New Year’s Day, U.S. Ambassador to Japan Rahm Emanuel said Thursday, noting that logistical support from the military as well as food and other supplies are being readied.
Transcripts of fatal aircraft collision reveal coast guard plane not cleared for take-off
TOKY – A transcript of communication between traffic control and two aircraft that collided and burst into flames at Tokyo’s Haneda Airport showed that only the larger Japan Airlines passenger flight was given permission to use the runway where a coast guard plane was preparing for takeoff.
Gov’t mulls designating prefectural bear populations for capture after attacks
TOKYO – Japan’s Environment Ministry began deliberations Tuesday on designating prefectural bear populations to assist their capture under a government subsidy system, amid a recent surge in attacks.
S Korea, U.S., Japan launch system to track N Korean missiles in real-time
SEOUL – South Korea, the United States and Japan said on Tuesday they have activated a new system to detect and assess North Korea’s missile launches in real-time.
Nippon Steel to buy U.S. Steel for $14.1 billion
PITTSBURGH – U.S. Steel, the Pittsburgh steel producer that played a key role in the nation’s industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion.