HONG KONG, China (AFP) — A softer tone on threatened tariffs from the White House helped Asian markets rise on Thursday, continuing a week of volatility sparked by fears of a global trade war. Equities have swooned since Donald Trump last week unveiled the levies as part of his “America First” agenda, which were met with anger across the world and from leaders in his own Republican Party. European Union officials outlined planned retaliatory measures […]
Tag: Japan
Japan PM urges caution on N.Korea talks, wants ‘concrete steps’
TOKYO, Japan (AFP) — Japan’s prime minister warned Thursday that North Korea’s offer of denuclearization talks with the United States could be a ploy to play for time and stressed the need for Pyongyang to take “concrete” steps. In his first public comments since an apparent diplomatic breakthrough between North and South Korea, Shinzo Abe said that talking for the sake of talking was “meaningless.” “I’ve repeatedly said that we have to create a situation […]
Japan car giants team up to build hydrogen stations
TOKYO, Japan (AFP) — Top Japanese car makers said on Monday they were teaming up to nearly double the amount of hydrogen stations in Japan, as the car-mad country seeks to head off competition from China and Germany. Toyota, Nissan and Honda formed a joint venture with major gas and energy companies, including French industrial gases company Air Liquide, to build 80 new hydrogen stations in the next four years, to add to the 101 […]
#EBCphotography: The Hogwarts Express made real at the Universal Studios in Osaka, Japan
A replica of the Hogwarts Express is one of the many attractions at the Wizarding World of Harry Potter in the Universal Studios Japan (USJ) in Osaka which is attracting numerous visitors yearly. More than three years after this opened at Universal Studio Japan (USJ) in Osaka on July 15, 2014, USJ has doubled its foreign visitors and reached two million in 2017. According to an expert, the theme park’s original attractions that […]
Japan’s jobless rate at lowest in nearly 25 years
TOKYO, Japan (AFP) — Japan’s jobless rate stood at 2.4 percent in January, the lowest in nearly 25 years, official data showed Friday, a major boost for the world’s third-largest economy. The figure — the lowest since April 1993 when the rate hit 2.3 percent — comes as Japan has notched up eight straight quarters of economic growth, the longest positive run since the “bubble” boom days of the late 1980s. Japan’s government and central […]
South Korea’s Moon says Japan cannot declare wartime crimes ‘over’
SEOUL, South Korea (AFP) — South Korean President Moon Jae-in on Thursday said Japan cannot declare the issue of its former wartime sex slaves “over”, repeating calls for Tokyo to apologize over the issue and confront wrongdoings. The controversy of the so-called comfort women — those forced into sexual slavery for Japanese troops during World War II — has marred relations between the neighbors for decades. Park Geun-Hye, Moon’s ousted predecessor, struck a deal […]
Returning Jayson Castro saves Gilas from near-collapse; staves off Japan’s furious late comeback attempt
By Vivem Soriano Eagle News Service Jayson Castro scored on a difficult floater with 12 seconds left in the game to stave off a late rally by Japan and to lift the Philippines to a frantic 89-84 win at the Mall of Asia Arena in Pasay. Gilas Pilipinas improved to 3-1 while Japan is still winless at 0-4 and drops to the bottom of Group B of the 2019 FIBA World Cup Asian Qualifiers. Only […]
Asia markets higher as volatility fears ease
TOKYO, Japan (AFP) — Asian stock markets climbed on Friday in thin holiday trade, led by gains in Tokyo, as volatility eased after last week’s rollercoaster ride. Tokyo tracked Wall Street higher as investors gradually regained confidence heading into the weekend and set aside inflation fears that had sparked the market meltdown last week. The benchmark Nikkei 225 index gained 1.19 percent, or 255.27 points, to 21,720.25 while the broader Topix index was up 1.05 […]
Bank of Japan’s ‘bazooka-wielding’ Kuroda nominated for second term
by Hiroshi Hiyama and Richard Carter Agence France Presse TOKYO, Japan (AFP) — Japan’s government nominated Haruhiko Kuroda for a second term as central bank governor Friday, handing the veteran finance chief more time to battle deflation and kick-start the world’s number-three economy. Kuroda’s nomination was among those submitted to the parliament in a document seen by reporters, and had been widely expected. Handpicked by Shinzo Abe to steer the former economic powerhouse out of […]
Japan economy grows for 8th straight quarter, longest since 1980s
TOKYO, Japan (AFP) — Japan’s economy grew for the eighth straight quarter at the end of 2017, government data showed Wednesday, its longest period of expansion since the “bubble” boom days of the late 1980s. Gross domestic product figures fell short of expectations and represented a slowdown from the previous quarter, but analysts forecast continued growth nonetheless. GDP expanded just 0.1 percent in the last quarter of 2017, the Cabinet Office said, a far cry from the […]
Japanese speed skater in first doping case of Olympics: official
SEOUL, South Korea (AFP) — Japanese short-track speed skater Kei Saito has tested positive for doping at the Pyeongchang Olympics, the first doping case of the Games, the Court of Arbitration for Sport said Tuesday. Saito, 21, failed an out-of-competition test, the anti-doping authority said in a statement, adding that he tested positive for acetalozamide, a banned diuretic which is considered as a masking agent. The CAS statement said Saito had left the athletes’ Olympic […]
PHL, Japan start fourth dialogue for “Build, Build, Build” program
QUEZON CITY, Philippines (Eagle News) — The fourth dialogue between Philippine and Japan officials for the “Build, Build, Build” program has started. The dialogue was led by Finance Secretary Carlos Dominguez and Dr. Hiroto Izumi, Special Adviser to Prime Minister Shinzo Abe. The Philippine government first signed a 15.93 billion yen (approx. $142 million) loan agreement with Japan International Cooperation Agency for a project that aims to mitigate flooding in several areas in Cavite. The […]





