Tag: Japan

Last Australian-made Toyota rolls off production line

SYDNEY, Australia (AFP) — The last Australian-made Toyota rolled off the production line Tuesday, ending over five decades of manufacturing by the Japanese firm as the once-booming local car-making industry grinds to a halt. Toyota announced in 2014 that it would stop making vehicles at its unprofitable Australian plants, joining the country’s other two large automakers — Ford and US giant General Motors’ Holden offshoot. Ford closed its production line last year and Holden will shutter its only […]

Japan gov’t: No knowledge of whereabouts of Las Vegas shooter’s alleged girlfriend, Marilou Danley, in Tokyo

  The Japanese government on Tuesday (October 3) said it is unaware of any information at this point corroborating Las Vegas sheriffs comments earlier that the long-time girlfriend of Las Vegas shooter Stephen Paddock is in Tokyo. Marilou Danley, 62, is believed to be an Australian citizen born in the Philippines and possibly visiting relatives in the Philippines at the time of the shooting, though U.S. authorities now believe she could be in Tokyo. U.S. […]

Tokyo stocks open higher on brisk business confidence

TOKYO, Japan (AFP) — Tokyo stocks opened modestly higher on Monday, tracking gains on Wall Street as the Bank of Japan’s Tankan survey showed business confidence hitting its highest level in a decade. The benchmark Nikkei 225 index rose 0.16 percent, or 32.65 points, to 20,388.93 in early trade while the broader Topix index was up 0.13 percent, or 2.21 points, at 1.676.96. Ten minutes before the opening bell in Tokyo, the central bank’s Tankan […]

Japan business confidence hits decade high: Bank of Japan

TOKYO, Japan (AFP) – Confidence among Japan’s biggest manufacturers has jumped to its highest level in a decade, a key central survey showed Monday, as the world’s number three economy picks up the pace. The Bank of Japan’s Tankan report — a closely watched quarterly survey of more than 10,000 companies — showed a reading of 22 among major manufacturers in its latest report, the highest since its September 2007 reading when the headline figure […]

Poll shows Tokyo governor Koike’s party threat to Abe

TOKYO, Japan (AFP) — Prime Minister Shinzo Abe’s lead in next month’s election has shrunk as the popular Tokyo governor pushes to unite opposition forces, a survey by Japan’s top-selling daily indicated Saturday. Thirty-four percent of Japanese plan to vote for Abe’s conservative Liberal Democratic Party (LDP) while 19 percent favor a party formed this week by Tokyo Governor Yuriko Koike, according to the poll in the Yomiuri Shimbun. It also showed one quarter of […]

Japan economic data boost PM Abe ahead of vote

by Kyoko Hasegawa Agence France Presse TOKYO, Japan (AFP) — A raft of broadly positive economic data gave Japan’s Prime Minister Shinzo Abe a boost on Friday, as he kicked off an election campaign in which the health of the world’s third-biggest economy will play a major role. Factory output grew more than expected while household spending — seen as key for Japan’s exit from years of deflation — edged up and the unemployment rate […]

Panel falls from plane in Japan, second case in a week

  TOKYO, Japan (AFP) – A panel weighing three kilogrammes fell from a plane onto a factory near Tokyo, Japanese officials said Thursday, the country’s second case in a week after a similar part landed on a car. No injuries were reported after the panel was discovered inside the factory near Narita Airport in the suburbs of the Japanese capital, a spokesman for All Nippon Airways told AFP. “After consulting with a panel manufacturer, we […]

Tokyo governor Koike vows break from the past with new party

by Kyoko Hasegawa Agence France-Presse Popular Tokyo governor Yuriko Koike Wednesday vowed a break with old-school politics as she officially launched a new party she hopes will shake up the upcoming snap election in Japan. Pledging to bring back “hope” to the Japanese people, Koike said the party aimed to “reset” the country, which is expected to go to the polls on October 22. “Now is the time for us to carry out reforms that […]

Trump Twitter tirades deepen Asia alarm over conflict risk

  by Kelly Macnamara Agence France Presse SEOUL, South Korea (AFP) — Donald Trump may have stumbled into dangerous new territory with tweets that North Korea interpreted as a declaration of war, alarming a region used to living on the edge but now seriously considering the possibility of conflict. Observers say the US president’s fondness for Twitter diplomacy is creating a situation ripe for dangerous misunderstandings as he pursues an increasingly personal row with Kim […]

Tokyo stocks slip by break on US-North Korea row

TOKYO, Japan (AFP) — Tokyo stocks opened slightly lower Tuesday on a stronger yen as investors snapped up the safe haven currency following the latest flare-up between Washington and North Korea. The bellwether Nikkei 225 index fell 0.22 percent, or 43.99 points, to 20,353.59 in early trade, while the broader Topix index was down 0.08 percent, or 1.30 points, at 1,671.52. Okasan Online Securities said in a commentary that Japanese shares were following Wall Street […]

Japan FM urges countries to cut diplomatic ties with N.Korea

NEW YORK, United States (AFP) — Japanese Foreign Minister Taro Kono called Thursday on countries to cut diplomatic ties with North Korea as part of pressure to end the regime’s nuclear and missile drive. Hours after the United States announced its toughest economic sanctions yet on North Korea, Kono said that more than 160 countries had diplomatic relations with Kim Jong-Un’s regime. “We have to urge these countries to cut their diplomatic and economic relationships […]

Tokyo stocks open higher as yen eases after Fed decision

TOKYO, Japan (AFP) – Tokyo stocks opened higher on Thursday as exporters received a boost from a weaker yen against the dollar after the US Federal Reserve kept alive the chance of a December interest rate hike. The bellwether Nikkei 225 index rose 0.80 percent, or 162.10 points, to 20,472.56 in early trade while the broader Topix index was up 0.70 percent, or 11.62 points, at 1,679.54. The US central bank concluded a two-day meeting […]