Edition:
United States

Ritsuko Shimizu

Japan wants manufacturing back from China, but breaking up supply chains is hard to do

Jun 08 2020

TOKYO When Japanese firm Iris Ohyama agreed in April to begin producing much-needed face masks in Japan, it marked a win for Prime Minister Shinzo Abe who wants to bring manufacturing back from China.

TEPCO Renewable to spend $9-18 billion by 2035 on green power

Jun 08 2020

TOKYO TEPCO Renewable Power, a unit of Tokyo Electric Power Company Holdings , plans to spend about 1-2 trillion yen ($9-18 billion) to develop 6-7 gigawatts (GW) of offshore wind and hydroelectric power projects by 2035, its president said.

RPT-Japan's Dentsu gets $700 mln windfall from gov't SME aid scheme amid opposition criticism

Jun 03 2020

TOKYO, June 3 Japanese advertising giant Dentsu Group Inc has received almost $700 million via a government contract to provide back-office services for a scheme to help virus-hit firms, under a framework opposition lawmakers called "opaque".

Japan's Dentsu gets $700 million windfall from government SME aid scheme amid opposition criticism

Jun 03 2020

TOKYO Japanese advertising giant Dentsu Group Inc has received almost $700 million via a government contract to provide back-office services for a scheme to help virus-hit firms, under a framework opposition lawmakers called "opaque".

Nippon Steel fears China's economic rebound will sharpen rivals' edge

Jun 01 2020

* China's strong output will keep iron ore prices at high levels

Japan's Hoshino Resorts to shift its focus to domestic travellers

Apr 24 2020

TOKYO Hoshino Resorts, an operator of luxury Japanese-style hotels, plans to shift its focus to domestic travellers after a plunge in foreign visitors amid the coronavirus pandemic and a delay in the Tokyo 2020 Olympic Games, its chief executive said Friday.

Japan minister: Paris accord under threat if coronavirus trumps climate change

Apr 13 2020

TOKYO Japanese Environment Minister Shinjiro Koizumi warned on Monday that the Paris climate accord could face death if steps to fight global warming were put on the backburner to facilitate the economic recovery from the coronavirus pandemic.

Nippon Steel braces for downside risk as coronavirus spreads

Mar 01 2020

TOKYO Nippon Steel, the world's No.3 steelmaker, is bracing for a downside risk as slower manufacturing activities in China in the wake of the coronavirus outbreak may further weigh on demand in industries such as auto and machineries, its executive said.

Japan's Maeda Road seeks white knight to thwart hostile takeover

Jan 29 2020

TOKYO, Jan 29 Maeda Road Construction has been talking to potential white knights to try to thwart a hostile takeover offer from its biggest shareholder, the Japanese roadbuilder told Reuters on Wednesday.

Exiting atomic power unrealistic for Japan, minister says, disputing colleague

Sep 12 2019

TOKYO Exiting nuclear power in Japan is unrealistic, the country's new industry minister said on Thursday, in comments that reiterated the government's line but are at odds with those made a day earlier by another newly installed cabinet member.

World News

As UAE hails Israel accord, silence from Saudi Arabia

As media and people in the United Arab Emirates hailed the Gulf state's deal to normalise relations with Israel as a diplomatic victory that helps the Palestinians, silence reigned in Saudi Arabia, longtime figurehead of regional policy towards Israel.