A bear market in Japanese stocks is “almost inevitable” as a recent speech by US Federal Reserve Chairman Jeron Powell pulled the rug out from under the relief rally that markets have been on since mid-July, an executive said. equity strategy of Citigroup Global Markets Japan which is cited by the Bloomberg agency. According to […]
Tag: Japan
Japan pledges $30 billion to Africa
Japan wants to support Africa with $30 billion in development aid over the next three years, Handelsblatt reports. His country wants to work more closely with Africa as the international order is under threat following Russia’s invasion of Ukraine, Prime Minister Fumio Kishida said Saturday at the Japan-Africa Summit in the Tunisian capital Tunis. He […]
Japan’s JERA has signed an agreement with Russia to continue supplying LNG from the Sakhalin-2 project
Japan’s JERA has signed an agreement with the new operator of the Sakhalin-2 energy project in Russia to maintain long-term supplies of liquefied natural gas (LNG), a spokesman for Japan’s largest energy producer said today, Reuters reported. Russian President Vladimir Putin signed a decree in June taking over the project, creating a new legal entity […]
Abe murder: Japan’s police chief resigns
Japan’s national police chief, Itaru Nakamura, announced today that he has resigned after acknowledging shortcomings in the protection of former Prime Minister Shinzo Abe, who was assassinated on July 8 during an election rally. “We have decided to reorganize our team and start from a new base in terms of security missions, and that is […]
Tokyo wants to accelerate the recovery of the nuclear power sector
The Japanese government plans to give a major boost to the revival of the nuclear power sector, a controversial sector that weakened in the country after the 2011 Fukushima disaster but has now returned to the spotlight due to major energy tensions worldwide. Japanese Prime Minister Fumio Kishida announced today that he will begin consultation […]
Japan: Considers lifting preliminary tests on travelers arriving from abroad
Japan is likely to remove the obligation of preliminary diagnostic tests for COVID-19, regarding travelers arriving in the country, as reported by the newspaper “The Nikkei.” The country is implementing some of the toughest anti-pandemic measures at its borders compared to more developed economies worldwide, requiring travelers to present a negative coronavirus test within 72 […]
Japan is considering developing long-range missiles capable of hitting North Korea and China
Japan is considering developing 1,000 long-range cruise missiles capable of hitting coastal areas in North Korea and China, according to Japanese newspaper Yomiuri. The missiles will be modified to extend their range from 100 kilometers to 1,000 kilometers, the Japanese newspaper reported citing government sources. They will be developed mainly around the Nansei Islands, in […]
Japan: Inflation ran at 2.6% in July
Inflation in Japan rose again in July, running at its fastest pace in seven-and-a-half years as fuel and raw material prices hit household incomes. In particular, the Consumer Price Index rose 2.6% year-on-year last month, moving faster than economists’ estimates of a 2.2% increase, but also higher than the Bank of Japan’s 2% target. In […]
Handelsblatt: Hydrogen, wind, biomass – How Japan invents clean oceans
Container ships have a devastating carbon footprint – and have no future in this format. But Japan’s shipowners are working on a green revolution, Handelsblatt points out. The climate-friendly cargo ship of the future is behind glass in Japan. The hull of the improved model in the lobby of major shipping company Mitsui OSK Lines […]
Japan: Kishida asks cabinet members to declare affiliation with Unification Church
Japanese Prime Minister Fumio Kishida wants new and existing cabinet members and deputy ministers to declare their affiliation with the Unification Church, the religious organization cited by the man accused of killing former Prime Minister Shinzo Abe, according to as reported by Bloomberg. Kishida said he plans to reshuffle the cabinet as soon as next […]