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TOKYO, Japan (AFP) Wednesday 5/18/2016 — Japan sidestepped a feared recession in the first quarter, preliminary data showed Wednesday, but the weak growth reading underscored how Tokyo’s efforts to cement a firm recovery in the world’s number three economy have failed to gain traction. Gross domestic product expanded by 0.4 percent between January and March — or a 1.7 percent annualised rate — after a contraction in the last three months of 2015. But the slightly […]
TOKYO, Japan (AFP) — The yen weakened Tuesday as Japanese officials ramped up a bid to tame the surging currency, while the Philippine peso ticked higher with anti-establishment firebrand Rodrigo Duterte set to become the country’s new president. After soaring to 18-month highs against the dollar, the yen has sagged as officials threaten to intervene in currency markets to stop its “speculative” rally. On Tuesday, finance minister Taro Aso repeated warnings about possible action, after saying […]
PRAGUE, Czech Republic (Reuters) — Fully equipped with armor and weapons, men and women from all over the world traveled back in time for the World Championships in Full Contact Medieval combat. The participants use weapons from the Middle ages in the championship, held in the Czech capital this year. The goal is to recreate the rawness of the medieval battle. Replicas of historical weapons like swords, axes or halberds are needed. The only difference […]
(Reuters) The U.S. Transportation Department confirmed on Wednesday that automakers will recall another 35 million to 40 million U.S. air bag inflators installed by Takata Corp by 2019. The government confirmed figures reported by Reuters Tuesday about the expansion of what is already the largest ever U.S. auto safety recall. Previously, 14 automakers had recalled 24 million vehicles with 28.8 million inflators linked to at least 11 deaths.
(Reuters) China’s relations with Japan should be based on cooperation not confrontation, China’s foreign minister told his Japanese counterpart on Saturday, adding that China would judge Japan’s desire to improve ties depending on its actions. China, the world’s second-largest economy, and Japan, the third-largest, have a difficult political history, with ties strained by the legacy of Japan’s World War Two aggression and conflicting claims over a group of uninhabited East China Sea islets. Ties have […]
(Eagle News) –The Iglesia Ni Cristo has extended its assistance to the quake-affected regions, particularly in the island of Kysuhu, becoming the first from the Philippines to reach the area to help quake victims in Kumamoto. Aside from cash donations, INC volunteers distributed 5,500 emergency relief packages consisting of bottled water, canned goods, noodles, cookies, coffee, tea, toiletries and diapers in three sites in the town of Mashiki which was near the epicenter of […]
Heavy showers fell on earthquake-battered southern Japan, adding to the woes of residents already rattled by continuing aftershocks.
TOKYO, Japan |(AFP) Friday 4/22/2016 – Tokyo stocks opened lower on Friday as traders banked profits, snapping a three-day rally following a retreat in oil prices. US equity markets pulled back on Thursday from their 2016 peaks in the previous session following renewed weakness in crude prices and a deluge of earnings reports. “After a strong run, US stocks… retreated, which is weighing on Japanese stocks,” Juichi Wako, a senior strategist at Nomura Holdings, told […]
by Daniel Leussink TOKYO, Japan (AFP) — Mitsubishi Motors shares nosedived again Thursday as panic selling wiped about $2.5 billion off the automaker’s market value in response to its shock admission that it cheated on fuel-efficiency tests. The embarrassing revelation is the latest in a string of recent scandals to hit Japanese firms, while German giant Volkswagen struggles to restore its badly dented reputation after a massive emissions scandal. The news has also raised questions about […]
Japanese automaker Nissan is looking to the giant robots of the ‘Gundam’ anime series for its new car designs. Ryan Brooks reports on how this might set them apart from a market filled with look-alike designs.
MANILA, Philippines — There was no reported incident of overseas Filipino workers being affected by the two earthquakes that struck the Kumamoto Prefecture in Japan, Labor and Employment Secretary Rosalinda Dimapilis-Baldoz yesterday said. “We received an update from Labor Attaché Luz Talento of Philippine Overseas Labor Office (POLO) in Tokyo that no Filipino was hurt from the series of earthquakes that hit the Kumamoto area in Kyushu island; we thank God that they are safe. We […]
TOKYO: An earthquake measuring 6.1 magnitude struck off northeastern Japan on Wednesday, the U.S. Geological Survey said. There was no immediate tsunami warning, or reports of damage or casualties. A series of strong quakes struck the south of Japan late last week killing nearly 50 people. On Wednesday, survivors struggled with shortages of food and water. The USGS said Wednesday’s quake was centred 104 km (about 60 miles) east southeast of Sendai, Honshu, near where […]
