Tag: Japan

Sec. Lorenzana, kinumpirmang may alok ang Japan ukol sa air defense radar technology

(Eagle News) — Kinumpirma ni Defense Secretary Delfin Lorenzana na inaalok ng Japan ang latest air defense radar technology nito sa Pilipinas. Ayon kay lorenzana, isa ito sa mga plataporma na sinusuri ng Philippine Air Force. Ang nasabing equipment ay maaari aniyang gamitin sa pag-momonitor ng mga aircraft at sea craft na pumapasok at umaalis sa teritoryo ng Pilipinas. Dagdag pa ng kalihim, kinokonsidera ng gobyerno ang nasabing alok ng Japan. “Yes, they (Japan) are […]

Asian markets build on trade optimism, pound faces pressure

HONG KONG, China (AFP) — Asian markets enjoyed more gains Thursday as investors are cheered by the more conciliatory noises from China and the US on trade, while uncertainty over Brexit continued to pressure the pound. While the tariffs row between Beijing and Washington is far from being resolved, there is a lot more optimism on trading floors this week that the world’s top two economies can make headway in talks over the next three […]

Japan plans tighter regulation of tech giants

TOKYO, Japan (AFP) — Japan is planning to tighten regulation of tech giants like Google and Facebook after an expert panel called for better oversight on competition and privacy, an official said Thursday. Japan has followed in the footsteps of other countries in scrutinizing the dominant role played by the world’s largest information technology companies, including Big Four tech firms Google, Apple, Facebook, and Amazon. The government has now issued a report based on expert […]

US military declares five missing Marines dead after Japan crash

TOKYO, Japan (AFP) — The US military said Tuesday it had pronounced five missing Marines dead and was ending search operations nearly a week after two US military aircraft crashed off Japan. The announcement brings the final toll in the December 6 crash to six, with a seventh crew member rescued after the deadly incident. The crash involving an F/A-18 fighter jet with two crew onboard and a KC-130 refuelling tanker with five crew occurred […]

Asian markets struggle, pound wallows at 20-month low

HONG KONG, China (AFP) — Asian equities struggled again Tuesday despite a bounce in New York as investors fret over a perfect storm of issues that have hammered global markets, while the pound remained stuck around 20-month lows on Brexit uncertainty. Bargain-buyers tried to step in after the latest sell-off but were unable to gain traction, with fears about the outlook for the global economy keeping sentiment beaten down. The China-US trade row, signs of […]

Ex-Nissan chief Ghosn charged, served with fresh arrest warrant

by Shingo ITO Agence France-Presse TOKYO, Japan (AFP) — Japanese prosecutors formally charged Carlos Ghosn with financial misconduct for under-reporting his salary and also served a fresh warrant on separate allegations, local media reported Monday, meaning the tycoon will likely spend Christmas in a cell. Former Nissan chairman Ghosn, 64, has been in detention since his November 19 arrest on suspicion of under-declaring his income by some five billion yen ($44 million) between 2010 and […]

Asia markets tumble as dealers buffeted by negative issues

HONG KONG, China (AFP) — Asian markets sank Monday as investors juggle a number of negative issues that have fuelled worries about the global outlook. The China-US trade row, the Huawei crisis, signs of weakness in the Chinese and US economies, and Brexit are among the key matters depressing equities, though there was some upbeat news in OPEC’s decision to slash crude production. On Sunday, China summoned the US ambassador to protest at the arrest […]

Japan’s empress-in-waiting ‘insecure’ but vows to serve

TOKYO, Japan (AFP) — Japan’s Crown Princess Masako on Sunday pledged to do her best despite feeling ‘insecure’ about becoming empress in mere months, in a candid statement released on her 55th birthday. Emperor Akihito will step down on April 30, 2019 — the first abdication in the Japanese imperial family in more than two centuries. His eldest son and Masako’s husband Naruhito will ascend to the throne the next day. “Even though I feel […]

Nissan to recall 150,000 cars due to improper checks

TOKYO, Japan (AFP) — Nissan Friday announced plans to recall approximately 150,000 vehicles owing to improper tests on new units, dealing a fresh blow to the Japanese car giant following the shock arrest of former chairman Carlos Ghosn. “Nissan has recently found several non-conformities that may have caused inaccurate pass/fail judgments during the inspection process,” the company said in a statement, adding it would “promptly” recall as many as 150,000 units in Japan. It confirmed […]

Tokyo stocks close higher on relief at US Fed report

TOKYO, Japan (AFP) — Tokyo stocks closed higher on Friday on a report that the US Federal Reserve could soon pause interest rate hikes, news that also boosted US markets. The benchmark Nikkei 225 index ended up 0.82 percent, or 177.06 points, at 21,678.68. Over the week, the index lost 3.01 percent. The broader Topix index gained 0.61 percent, or 9.85 points, to close at 1,620.45. Over the week, the index fell 2.82 percent. “Japanese […]

Japan to ban government use of Huawei, ZTE products: reports

Japan is to ban government use of telecoms products made by Chinese tech giants Huawei and ZTE on concerns about cybersecurity, reports said Friday. The government plans to revise internal procurement rules to exclude products made by Huawei and ZTE as early as on Monday, the mass circulation Yomiuri Shimbun. Jiji Press agency also reported the expected move. The ban comes after a US request to allies to avoid products made by the two companies […]

One dead, five missing after two US military planes crash off Japan

by Miwa Suzuki with Thomas Watkins in Washington Agence France Presse TOKYO, Japan (AFP) — One US Marine died and five were missing Thursday after two American military aircraft crashed during a refuelling operation off the coast of Japan, officials said. Japanese and US military officials earlier said two of the seven crew of the planes had been found. “One is in fair condition and the other has been declared deceased by competent medical personnel,” […]