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TOKYO, Japan (AFP) — Prices in Japan inched up by one percent in September, according to government data published Friday, as the world’s third-largest economy continues its years-long struggle with deflation. Inflation stood at one percent year-on-year in September, the first time it had reached that level since February, but still only halfway to the Bank of Japan’s two-percent target. The latest figure was in line with market consensus, and slightly higher than the 0.9 […]
by Delphine TOUITOU Agence France Presse WASHINGTON, United States (AFP) — US officials announced Tuesday negotiations for separate trade agreements with Britain, the European Union and Japan as part of efforts by President Donald Trump’s administration to rebalance global commerce. US Trade Representative Robert Lighthizer said the administration notified Congress of its intent to negotiate the three separate trade agreements. “We are committed to concluding these negotiations with timely and substantive results for American workers, […]
by Richard CARTER Agence France Presse TOKYO, Japan (AFP) — Asian stocks opened the week on the back foot Monday, with investors still in gloomy mood after several days of market turbulence sparked by trade rows and a spat over the US central bank. Japanese equities led the way lower, with the benchmark Nikkei 225 shedding almost two percent, not helped by reports that Prime Minister Shinzo Abe would later Monday announce a hike in […]
SEOUL, South Korea (AFP) — South Korea on Wednesday kicked off an international fleet review involving 13 nations after Japan bowed out in protest at Seoul’s demand it remove a controversial ‘Rising Sun’ naval flag from Tokyo’s warship. The five-day event off the southern island of Jeju had initially included the Japanese navy, whose plan to fly the flag caused fury and a series of anti-Tokyo protests in its former colony. The emblem has been […]
TOKYO, Japan (AFP) — Billionaire Japanese tycoon and future space tourist Yusaku Maezawa’s training to go the moon should not be too tricky, he joked Tuesday, adding that he planned to use free time from his six-hour work day to squeeze it in. The 42-year-old Maezawa paid an undisclosed sum for a ticket on fellow tycoon Elon Musk’s SpaceX rocket around the moon as early as 2023 and the passionate art collector also plans to […]
TOKYO, Japan (AFP) — Japan’s military said Sunday one of its members was killed in a car crash in the Philippines during joint exercises with US and Filipino troops. Suguru Maehara, a 38-year-old sergeant of the Ground Self-Defense Forces, was involved in the accident on Tuesday last week, according to a GSDF spokesman who confirmed his death. “It is the first time a GSDF member has died during an overseas drill,” the spokesman told […]
Japanese troops stormed a beach in the Philippines Saturday in joint exercises with US and Filipino troops that officials said marked the first time Tokyo’s armoured vehicles rolled on foreign soil since World War II. The small Japanese contingent played a humanitarian support role in the drill after US and Filipino marines made an amphibious landing to retake Philippine territory from a “terrorist” group. Fifty unarmed Japanese soldiers in camouflage marched behind their four armoured […]
TOKYO, Japan (AFP) — Japanese car giant Toyota said Friday it is recalling more than 2.4 million hybrid cars over a fault that could cause crashes, just a month after an another recall affecting hybrids. The firm in September said it was recalling more than one million hybrid cars globally after uncovering a technical problem that could cause fires. The latest recall affects several models of Toyota’s Prius and its Auris hybrid vehicles produced between […]
by Miwa SUZUKI Agence France Presse TOKYO, Japan (AFP) — A Japanese probe launched a new observation robot towards an asteroid on Wednesday as it pursues a mission to shed light on the origins of the solar system. The Hayabusa2 probe launched the French-German Mobile Asteroid Surface Scout, or MASCOT, towards the Ryugu asteroid’s surface, the Japan Aerospace Exploration Agency (JAXA) said. “We can confirm that the MASCOT separated from the spacecraft as planned,” the […]
TOKYO, Japan (AFP) — Tokyo’s benchmark Nikkei index rose to a 27-year high on Monday, boosted by a weak yen and a breakthrough in trade talks between the United States and Canada. The Nikkei 225 index gained 0.52 percent or 125.72 points to close at 24,245.76 — the highest since November 1991 when Japan Inc was closing the final chapter of the nation’s speculative “bubble” economy. “Reaching a 27-year high is symbolic but still a […]
TOKYO, Japan (AFP) — Confidence among Japan’s biggest manufacturers has slipped for the third straight quarter, a key central bank survey showed on Monday, reflecting concern about trade wars and a string of natural disasters. The Bank of Japan’s Tankan report — a quarterly survey of about 10,000 companies — showed a reading of 19 among major manufacturers in its September survey, against 21 in the June report. It is the first time the reading […]
by Hiroshi HIYAMA / Richard CARTER Agence France Presse TOKYO, Japan (AFP) — A powerful typhoon sliced through Japan after making landfall Sunday evening, injuring dozens, halting transport, and bringing fierce winds and torrential rain to areas already battered by a string of recent extreme weather episodes. Typhoon Trami sparked travel disruption in the world’s third-biggest economy, with bullet train services suspended, more than 1,000 flights canceled and Tokyo’s evening train services scrapped. National broadcaster […]
