Japan

Japan court acquits energy bosses over Fukushima disaster

19 September 2019; AFP: A Japanese court on Thursday cleared three energy firm bosses of professional negligence in the only criminal trial stemming from the 2011 Fukushima nuclear meltdown.

The three men were senior officials at the TEPCO firm operating the Fukushima Daiichi plant and had faced up to five years in prison if convicted.

Japan exports sink on weaker trade with China, US

TOKYO (AP) — Japan’s exports fell 8% in August from a year earlier, as trade tensions took a growing toll on demand across the region.

Exports of machinery, vehicles and chemicals all declined, the Finance Ministry reported Wednesday.

Exports totaled 6.1 trillion yen ($56 billion), while imports slipped 12%, the fastest rate in almost three years, to 6.3 trillion yen ($58 billion), suggesting slack demand inside Japan.

Japan’s new foreign minister calls for talks with Lavrov 'as soon as possible'

TOKYO, September 11. /TASS/: Japan’s new foreign minister, Toshimitsu Motegi, has called for a soonest meeting with his Russian counterpart Sergey Lavrov to focus on the peace treaty issues, Motegi told Japanese reporters on Wednesday.

"I have instructions to work toward a resolution that is acceptable to both countries. I want to hold a discussion with Foreign Minister [Sergey] Lavrov as soon as possible," Motegi said, cited by Kyodo news agency.

Japan's Abe shakes up cabinet, brings in rising star

11 September 2019; AFP: Japan's Shinzo Abe Wednesday appointed new foreign and defence ministers and promoted a popular rising political star, in a cabinet reshuffle that fuelled speculation over the prime minister's successor.

The spectacular appointment as environment minister of the telegenic Shinjiro Koizumi, the 38-year-old son of much-loved former PM Junichiro, set tongues wagging in Tokyo political classes as the Abe era draws to a close.

Asian shares mostly higher after rise on Wall Street

TOKYO (AP) — Asian shares were mostly higher Wednesday, cheered by a rise on Wall Street amid some signs of easing tensions between the U.S. and China on trade issues.

Japan’s benchmark Nikkei 225 rose 0.6% to 21,514.14 in morning trading. Australia’s S&P/ASX 200 inched up 0.1% to 6,622.60. South Korea’s Kospi added 0.6% to 2,043.72. Hong Kong’s Hang Seng gained 0.4% to 26,795.87, while the Shanghai Composite slid 0.4% to 3,010.32.

Crisis-hit Nissan CEO set to resign as board meets

9 September 2019; AFP: The CEO of crisis-hit Japanese automaker Nissan plans to resign, reports said Monday, as the firm's board meets to discuss an audit launched after former chief Carlos Ghosn's arrest over financial misconduct.

Hiroto Saikawa's reported decision to step down comes days after he admitted receiving overpayments, and is the latest blow to the firm after Ghosn's arrest and ouster.

Tokyo cancels flights, trains ahead of Typhoon Faxai

TOKYO (Reuters) - Japan braced for Typhoon Faxai on Sunday cancelling trains and flights in Tokyo with destructive winds of up to 216 kph (134 mph) and heavy rain expected to hit the region overnight, according to the Japan Meteorological Agency.

Faxai, a woman’s name in Lao, could dump as much as 300 millimeters of rain in the next 24 hours, said the agency.

“Winds and rains could pick up suddenly, causing severe storms at sea, and there is a risk of record-breaking winds in the capital and other regions,” it said on its website.

Asian shares rise on optimism over more US-China trade talks

TOKYO (AP) — Asian shares rose Friday as investors cheered plans for more trade negotiations between Washington and Beijing and drew encouragement from positive data about the U.S. economy.

Japan’s benchmark Nikkei 225 gained nearly 0.7% in morning trading to 21,222.86. Australia’s S&P/ASX 200 rose 0.5% to 6,647.80. South Korea’s Kospi edged up 0.3% to 2,010.15. Hong Kong’s Hang Seng rose 0.6% to 26,661.47, while the Shanghai Composite inched up nearly 0.1% to 2,987.94.

Global shares mostly rise amid optimism on Hong Kong, Brexit

TOKYO (AP) — Global shares were mostly higher Thursday amid encouraging developments, including British lawmakers seeking a less chaotic exit from the European Union and the potential easing of political tensions in Hong Kong.

France’s CAC 40 rose 0.7% in early trading to 5,572.27, while Germany’s DAX also gained 0.7% to 12,111.88. Britain’s FTSE 100 inched down 0.3% to 7,286.26. U.S. shares were set to drift higher with Dow futures rising 0.7% to 26,566. S&P 500 futures were also higher, rising 0.6% to 2,957.10.

Letter threatening to hunt Koreans sent to South Korean embassy in Japan: media

TOKYO (Reuters) - A letter threatening to hunt Koreans and containing what appeared to be a bullet has been sent to the South Korean embassy in Japan amid worsening ties between the Asian neighbors, Japanese media said on Tuesday.

Relations between the two countries have been overshadowed by Japan’s 1910-1945 colonization of the Korean peninsula, and recently a dispute over Korean forced laborers spilled into trade and then into security when South Korea scrapped an intelligence sharing pact last month.

Subscribe to Japan