TOKYO, Japan (AFP) — Toshiba said Friday its half-year profit tripled, owing to cost cuts and the sale of its home appliances business, providing a boost to the firm as it tries to turn the page on an embarrassing accounting scandal. The vast conglomerate posted an April-September net profit of 115.3 billion yen ($1.08 billion), well up from 37.3 billion yen seen a year ago. It also logged a 96.8 billion yen operating profit, reversing […]
Tag: Tokyo
Tokyo stocks higher on optimism over Clinton win
TOKYO, Japan (AFP) — Tokyo stocks opened higher on Tuesday as investors bet on strengthening chances of Hillary Clinton winning the US presidential election. “We’ve been swung this way and that over who may win, but expectations of a Clinton victory are firming,” said Toshihiko Matsuno, a senior strategist at SMBC Friend Securities Co. “Since it’s easier to predict policy with her, there’s more of a sense of security in the market. “Stocks may price […]
Youtube star gets a Guinness, unveils long version of hit song Pen-Pineapple-Apple-Pen
(Reuters) — Japanese Youtube star and singer of the recent hit Pen-Pineapple-Apple-Pen (PPAP), Pikotaro, performed and unveiled the track’s long version on Friday (October 28) in Tokyo. Pikotaro, whose real name is Kazuhiko Kosaka, is known for a quirky music video featuring him miming the joining of an imaginary apple and pineapple with an imaginary pen. The video uploaded in early September quickly went viral, racking up over 600 million views (as of October […]
News in photo: Filipina Kylie Verzosa’s winning moment as Miss International
Duterte tells economic forum in Tokyo, he wants US troops out of the Phl in 2 years
by Hiroshi HIYAMA / Kyoko HASEGAWA Tokyo, Japan | AFP | — Philippine President Rodrigo Duterte said Wednesday he wants US troops out of his country within two years and is willing to scrap defense pacts with longtime ally Washington if necessary. The remarks, made during a high-profile visit to Japan, follow a series of anti-American tirades by the firebrand leader. “I want, maybe in the next two years, my country free of the […]
Duterte pushes for creation of “one-stop shop,” bank for OFWs
(Eagle News) – President Duterte pressed the creation of a one-stop shop for all Filipinos needing government services, including overseas Filipino workers. “I want to make life more comfortable for you,” he said. “I hate Filipinos queuing under the heat of the sun and rain.” Duterte said all the needed services to be provided by various government agencies, needed by the OFWs or other Filipinos needing to get a job, such as the services […]
Duterte thanks Japan for being the “number one” country helping the Philippines
(Eagle News) – President Rodrigo Duterte thanked the Japanese people and the Japanese government for all the help extended to the Philippines, including the work given to many Filipinos in Japan. Duterte was warmly welcomed by Filipinos in Japan on Wednesday night, when he spoke to them, saying they were important to him. But before his speech, he extended his thanks to the Japanese people. “First of all, I’d like to extend my […]
Japan’s Kyushu Railway skyrockets on Tokyo trading debut
TOKYO, Japan (AFP) — Japan’s Kyushu Railway skyrocketed 20 percent as the former state-owned firm made its Tokyo trading debut on Tuesday, after one of this year’s biggest initial public offerings. Shares in the firm, which raised 416 billion yen ($4.0 billion) this month, fetched 3,120 yen ($30) each, up 20 percent from their IPO price of 2,600 yen. The sale is the world’s third biggest this year after Postal Savings Bank of China’s $7.4 […]
Ex-leper takes to Tokyo runway to fight stigma
TOKYO, Japan (AFP) — At 83, former leprosy sufferer Miyo Maki walks the runway at Tokyo Fashion Week in a show by designer Takafumi Tsuruta under the banner of his “tenbo” brand, seeking to portray the indignities suffered by lepers https://youtu.be/nKB_RK5byvA
Japan court backs Tokyo bid to relocate Okinawa base
TOKYO, Japan (AFP) — A Japanese court on Friday approved Tokyo’s plan to relocate a US military base on Okinawa in a move unlikely to immediately resolve a long-running spat between central and local authorities. Tokyo wants to move the unpopular US airbase in a crowded residential district on Okinawa to a sparsely populated area in its north, but many locals want the base moved off the island altogether. The dispute has seen Okinawan governor Takeshi […]
Most Asian markets sink again, led by Tokyo
HONG KONG, China (AFP) — Most Asian markets fell again Thursday, led by a more than one percent loss in Tokyo, ahead of key policy meetings in the United States and Japan next week. Traders worldwide are focusing on the central bank gatherings, hoping they will clear up some uncertainty about monetary policy in two of the world’s biggest economies. Equity markets have been hit by volatility the past week after two Federal Reserve officials suggested US […]
Tokyo shaken by magnitude 4.9 earthquake; no tsunami warning
(REUTERS) An earthquake with a preliminary magnitude of 4.9 shook buildings in Tokyo on Wednesday, but no tsunami warning was issued and there were no immediate reports of damage or injuries. Earthquakes are common in Japan, one of the world’s most seismically active areas. Japan accounts for about 20 percent of the world’s earthquakes of magnitude 6 or greater. On March 11, 2011, Japan’s northeast coast was struck by a magnitude 9 earthquake and […]





