Tag: Japan

Five missing after two US military planes crash off Japan

  by Miwa Suzuki with Thomas Watkins in Washington Agence France Presse TOKYO, Japan (AFP) — Rescue operations were underway Thursday for five US marines missing after two American military aircraft crashed during a refuelling operation off the coast of Japan, the Japanese defence minister said. One crew member has already been rescued and is thought to be in a stable condition, Takeshi Iwaya told reporters. A spokesman for the Japan Self-Defense Forces (SDF) said […]

Asian markets tumble, China tech hit after Huawei arrest

HONG KONG, China (AFP) — Shares across Asia plunged Thursday, with technology firms in Hong Kong and Shanghai battered after the arrest of a top executive at Chinese telecoms giant Huawei that has also fuelled fears about the recent China-US trade deal. As Donald Trump and Xi Jinping’s tariffs ceasefire last weekend — which sparked a one-day rally — fades to a distant memory, investors are back in selling mood as they fret over a […]

Six missing after two US military planes crash off Japan: officials

TOKYO, Japan (AFP) — Six US marines were missing after two American military aircraft crashed on Thursday during a refuelling operation off the coast of Japan, officials from both countries told AFP. The two planes — an F-18 fighter and a C-130 tanker — were involved in a “mishap about 200 miles off of the coast of Japan around 2:00 am” according to a statement from the US Marines in Japan. A US defense official […]

Two US Marine planes crash while refueling off Japan: official

WASHINGTON, United States (AFP) — Two US Marine Corps aircraft crashed during a refueling operation off the coast of Japan, a US defense official told AFP on Wednesday. The planes involved were an F-18 fighter and a C-130 tanker, the official said. In a statement, the Marine Corps said the planes had taken off from Marine Corps Air Station Iwakuni. Search and rescue operations were underway following a “mishap.” They “were conducting regularly scheduled training […]

Asian markets slip as China-US trade deal joy subsides

HONG KONG, United States (AFP) — Asian markets mostly dropped Tuesday as the previous day’s euphoria over the China-US trade ceasefire gave way to questions about whether the two can ultimately resolve their differences. However, oil prices continued to rise, building on Monday’s surge fuelled by the agreement as well as news of a Russia-Saudi Arabia pact to cap output. Global investors were given some much-needed Christmas cheer at the weekend after Donald Trump and […]

Turning the page: Japan’s last pager service ends after 50 years

TOKYO, Japan (AFP) — The end of the pager era is nigh in Japan after five decades as the country’s last provider announced on Monday it would be scrapping its service next year. Tokyo Telemessage, the only pager service provider left standing, said it had decided to terminate its service to Tokyo and three neighboring regions in September 2019 — describing the development as “very regrettable.” “Pagers were once a huge hit… but the number […]

Tokyo stocks rally after US-China G20 trade truce

TOKYO, Japan (AFP) — Tokyo shares opened higher Monday, with other regional bourses following suit, as investors breathed a sigh of relief after the US and China agreed to suspend new tariffs in their escalating trade war. Investors returned to buying after the long-awaited meeting between US President Donald Trump and Chinese President Xi Jinping on the sidelines of weekend G20 talks in Argentina. The leaders of the world’s top two economies agreed not to […]

Asia stocks in relief rally after China-US deal

HONG KONG, China (AFP) — Hong Kong and Shanghai led a surge across Asian markets Monday after the United States agreed to suspend imposing tariffs on China for three months, while oil prices soared on expectations of a big production cut. In a much-anticipated meeting between Donald Trump and Xi Jinping at the weekend, the heads of the world’s two biggest economies hammered out a deal that will see them hold off on their tit-for-tat […]

Tokyo stocks close higher for third straight session

TOKYO, Japan (AFP) — Tokyo stocks rose for the third straight session on Tuesday, as investor sentiment improved following rallies on Wall Street with expectations growing for a year-end shopping spree. The benchmark Nikkei 225 index gained 0.64 percent or 140.40 points to close at 21,952.40, while the broader Topix index was up 0.73 percent or 11.96 points at 1,644.16. “The Tokyo market took a positive lead from New York, where stocks rallied with a […]

Asian markets mostly up as eyes turn to Trump-Xi talks

TOKYO, Japan (AFP) — Most Asian markets rose Monday as investors tentatively pick up cheap stocks, with focus on an expected meeting between Donald Trump and Xi Jinping at the weekend that will be watched for signs of a softening in the China-US trade war. The broad gains came despite more hefty selling in energy firms after another collapse in oil prices on Friday, while the pound was flat against the dollar after European Union […]

Japan’s ‘ama’ grannies cling to their freediving fishing tradition

by Anne BEADE Agence France Presse TOKYO, Japan (AFP) — A group of Japanese grannies emerges from a boat returning to shore. Clad in black wetsuits and bubbling with energy, they are part of a dwindling community of “ama” — freediving fisherwomen. As they compare the hauls of shellfish they have gathered, the women — who range from 60 to 80 years old — could be mistaken for teenagers underneath the water, gliding gracefully in […]

Nissan board meets to oust fallen tycoon Ghosn as chairman

  by Richard CARTER / Anne BEADE Agence France Presse TOKYO, Japan (AFP) — Nissan board members appeared poised to oust disgraced tycoon Carlos Ghosn as chairman Thursday, after his spectacular arrest for financial misconduct stunned the car industry and the business world. Ghosn stands accused of under-reporting his income by millions of dollars and a host of other financial irregularities, in a stunning fall from grace for the once-revered titan of the auto sector. […]