Tag: Japan

Typhoon Saola brings heavy rain in southern Japan

TOKYO, Japan (AFP) — Typhoon Saola barreled towards Japan’s southernmost Okinawa island chain on Saturday bringing heavy rain as authorities issued a warning for strong winds and landslides. The storm came less than a week after Typhoon Lan left five dead, one missing and scores injured. Saola was moving 60 kilometres (37 miles) southwest of Okinawa’s capital Naha at 11 am (0200 GMT), packing gusts of up to 162 kilometres per hour, Japan’s weather agency […]

Executive Secretary Medialdea appointed gov’t caretaker during President Duterte’s 3-day visit to Japan

(Eagle News) — President Rodrigo Duterte has designated Executive Secretary Salvador Medialdea as caretaker of the government while he is on a three-day working visit to Japan. President Duterte, through special order No. 977, said Medialdea shall “act as (officer in charge)  to take care of the day-to-day operations in the Office of the President,” and “oversee the general administration of the executive department” from Oct. 29 to Oct. 31. “He shall, if necessary, act […]

Tokyo stocks open higher on US tax-cut hopes

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Friday, boosted by exporters and banks as the yen fell against the dollar on hopes for US President Donald Trump’s much-anticipated tax cut. The benchmark Nikkei 225 index rose 0.59 percent, or 129.16, to 21,868.94 in early trade, while the broader Topix index was up 0.44 percent, or 7.69 points, at 1,761.59. “Japanese stocks will test higher prices as investors cheer a rebound in the New […]

Tokyo stocks slightly higher in early trade

TOKYO, Japan (AFP) — Tokyo stocks opened slightly lower Thursday but then moved into the green, supported by some sound corporate earnings and optimistic views on the global economy. The Nikkei 225 gained 0.29 percent, or 62.34 points, to 21,769.96 in early trade, while the broader Topix index edged up 0.12 percent, or 2.17 points, to 1,753.60. “Even though the 16 straight days of rallies of the Nikkei index stopped, there is no big change in the […]

President Duterte set for 3-day visit to Japan

(Eagle News) — President Rodrigo Duterte will be on a working visit to Japan from Oct. 29 to Oct. 31. The Department of Foreign Affairs said on Wednesday that during the visit that will “further enhance the strong bilateral relations” between the two countries, Duterte will meet with Japanese Prime Minister Shinzo Abe and discuss “matters of mutual interest.” He is also scheduled to meet other Japanese officials and personalities from different industries. According to the […]

Tokyo stocks open higher, extending winning streak

TOKYO, Japan (AFP) — Tokyo stocks opened higher Wednesday, with the benchmark index extending the longest winning streak in its nearly 70-year history as Japan kicked off its latest corporate earnings season. The Nikkei 225 rose 0.37 percent, or 80.78 points, to 21,885.95 in early trade, while the broader Topix index gained 0.34 percent, or 5.99 points, to 1,762.91. © Agence France-Presse

South Korea, Japan and U.S. kick off two-day missile tracking drill

SEOUL, South Korea (Reuters) — South Korea’s military said on Tuesday (October 24) that South Korea, the United States and Japan started a two-day missile tracking drill in preparation for any missile or nuclear threats from North Korea. Deputy spokesman for South Korea’s defense ministry, Lee Jin-woo, said that the exercises will be held in waters off the coasts of South Korea and Japan during a regular news briefing. The drills have been taking place […]

Toshiba boss sorry as shareholders blast $18 bn chip sale

by Kyoko Hasegawa  Agence France-Presse CHIBA, Japan (AFP) — Toshiba’s president Tuesday apologized “sincerely” over the $18-billion sale of its prized memory chip business, as shareholders demanded answers over the deal seen as pivotal to the survival of one of Japan’s best-known firms. Bowing deeply at the start of a tense shareholders’ meeting, Satoshi Tsunakawa said: “We sincerely apologise for causing problems and worry.” More than 600 investors poured into the meeting as they voted in favour […]

Typhoon leaves five dead after lashing Japan on election day

  by Kyoko Hasegawa Agence France Presse TOKYO, Japan (AFP) — A powerful typhoon left five dead, one missing and scores injured in Japan Monday, moving northward off the Pacific coast after millions struggled to the polls for a national election. Authorities advised thousands living in coastal areas or near rivers to evacuate to shelters before Typhoon Lan, described as “very large and very strong”, hit Tokyo and surrounding regions early Monday morning. The typhoon […]

Five things to know about Japan’s pacifist constitution

TOKYO, Japan (AFP) – Japanese Prime Minister Shinzo Abe’s long-held dream to change the pacifist constitution got a big boost this weekend as his conservative coalition won a crucial two-thirds majority in a snap election. Nationalists like Abe dismiss the constitution as a humiliating relic imposed by US occupiers after Japan’s defeat in World War II, while North Korea’s recent firing of two missiles over the country in less than a month has focused minds on security. […]

Tokyo stocks open higher after Abe’s big election win

TOKYO, Japan (AFP) —Tokyo’s benchmark stock index extended a record winning streak on Monday as Japanese Prime Minister Shinzo Abe’s victory in a snap election pushed the yen down and boosted exporters. The Nikkei 225, which on Friday posted a 14th straight day of gains to match a record set in 1961, added 1.15 percent, or 246.51 points, to sit at 21,704.15 in early trade. The broader Topix index was up 0.96 percent, or 16.70 points, […]

Abe targets N. Korea after storming to ‘super-majority’ vote win

by Richard Carter/ Miwa Suzuki  © Agence France-Presse TOKYO, Japan (AFP) — Prime Minister Shinzo Abe stormed to a landslide “super-majority” in snap Japanese elections, near complete projections showed Monday, with the hardline nationalist immediately pledging to “deal firmly” with North Korea. Abe’s conservative coalition is on track to win at least 312 seats with only a handful left to call, according to public broadcaster NHK, giving him a coveted two-thirds majority in the lower house of […]