Japan

TVS Supply Chain Solutions on Monday said it has signed an initial pact with Japan-based Sankyu Inc to collaborate across supply chain and engineering services. As part of the memorandum of understanding (MoU), Sankyu intends to acquire a 0.5 per cent stake in TVS Supply Chain Solutions (TVS SCS), subject to customary regulatory approvals. Under the partnership, the companies will explore opportunities to deliver enhanced value through a broader portfolio of solutions spanning logistics, warehousing, transportation, engineering services, maintenance and on-site industrial support. The collaboration will initially focus on opportunities in India, where both companies see significant potential to support manufacturing and industrial customers through a broader range of supply chain and engineering services, TVS SCS said in a statement. Over time, the collaboration is expected to expand into other markets across Asia, the Middle East and Africa, leveraging the combined capabilities of

Commerce and Industry Minister Piyush Goyal is leading a 200-member business delegation to Japan for a four-day visit starting August 24 to discuss ways to boost trade and investment ties between the two countries. The visit assumes significance as Japan last year set an investment target of 10 trillion yen (about Rs 60,000 cr) in India over a decade. The minister will be travelling to Tokyo, Nagoya and Osaka. The business delegation has representatives from various sectors, ranging from manufacturing, semiconductors, clean energy and steel to automotive, financial services, healthcare and start-ups, industry chamber Ficci Director General Jyoti Viz told reporters here. In Tokyo, Goyal will hold a series of meetings with the top leadership of major Japanese conglomerates and industrial houses that have long been partners in India's growth, alongside a round-table with Keidanren (Japan Business Federation), representing over 1,500 leading Japanese companies. Dedicated sessions are

A moderate earthquake with a preliminary magnitude of 5.9 rattled eastern Japan, including the Tokyo area, early Sunday, injuring more than 20 people, most of them slightly, officials said. There was no danger of a tsunami. According to the Japan Meteorological Agency, the quake occurred in the southern Ibaraki prefecture, at a depth of 70 kilometres, an area of Japan prone to frequent quakes. The US Geological Survey recorded a preliminary magnitude of 5.8. Twenty-three people were injured in four prefectures in the region -- nine in Saitama, another nine in Kanagawa, four in Chiba and one in Ibaraki -- according to prefectural officials. Most of them were injured when they fell down or hit themselves against furniture or doors as they were caught off guard by the quake while sleeping and got out of bed in a panic, officials said. Among them was a woman in her 80s who fell off the bed and suffered a serious hip injury in Yokohama, in the Kanagawa prefecture, the Yomiuri newspaper .

North Korea launched a suspected ballistic missile toward the sea on Thursday, Japan said, a day after North Korea shrugged off a US decision to scale back military drills with South Korea in an apparent bid to resume diplomacy. The Japanese prime minister's office said it detected the suspected launch but gave no further details. South Korean media, citing the military, reported that North Korea fired an unidentified projectile off the North's east coast. On Wednesday, the South Korean and US militaries said they were scaling back their 11-day Ulchi Freedom Shield exercises. US President Donald Trump earlier ordered the Pentagon to "substantially reduce" the exercises, just before they began Monday. Trump cited what he said was a good relationship with Kim and South Korea's refusal to support him over the war in Iran. Kim Yo Jong, the influential sister of North Korean leader Kim Jong Un, dismissed Trump's overture later Wednesday. She said it was not even worthy of comment. "The

Japan's imports and exports set records in July and soaring energy costs and a weak yen helped extend a trade deficit for a third month, government data showed. Japan's trade deficit totalled 634.5 billion yen (USD 4 billion) last month, marking the third straight month of red ink, the Finance Ministry said in a preliminary report Thursday. Imports surged 27.8 per cent from the same month a year ago to a seasonally adjusted 12.15 trillion yen (USD 77 billion). The war in Iran has sent crude oil prices soaring. Japan, which imports almost all its oil, previously relieved heavily on oil imports from the Middle East through the Strait of Hormuz, which remains effectively closed. Exports rose 23.2 per cent to 11.51 trillion yen (USD 73 billion), as auto exports to the US and other nations remained strong. Shipments of semiconductors and other electronic devices were also healthy. Japan's exports have now grown every month for almost a year. By value, both imports and exports rose to t

The meet will include a CEO Roundtable chaired by Chief Minister Yogi Adityanath and virtual groundbreaking for projects worth ₹3,191 crore

Japanese mobility solutions and financial services provider ORIX Corporation has identified India as one of its two focus growth markets globally, bullish on the prospects of vehicle leasing and rentals in the country 'taking off' going forward, according to its President and Group CEO Hidetake Takahashi. The company believes that it can increase the size of its fleet in India to around 1 lakh to 1.5 lakh vehicles in the short to medium term from the current 50,000. India's growing economy, rising inflows of FDI, more multinational companies entering the Indian market and increasing number of domestic entrepreneurs all augur well for the growth of ORIX Corporation's businesses, specially vehicle leasing and rentals, Takahashi told PTI in an interview. "Outside of Japan, Australia and India are the markets that will be a focus for ORIX," he said when asked about the company's key growth markets for the future. Japan is currently the biggest market for ORIX with about 5 lakh vehicles

Japanese Prime Minister Sanae Takaichi avoided Tokyo's controversial Yasukuni Shrine, apparently to prioritise diplomatic relations with China and South Korea, as Japan on Saturday marked the 81st anniversary of its surrender in World War II. However, she did not mention her country's wartime past in Asia or show remorse over it in her address. The Yasukuni Shrine, which commemorates over 2.4 million people who died in wars, became controversial after including 14 convicted Japanese war criminals from World War II. China and South Korea say visits by Japanese officials to the shrine show a lack of remorse over Japan's wartime atrocities. Takaichi mourned the victims of major devastation in Hiroshima, Nagasaki and Okinawa, as well as those who perished in overseas battlefronts, and thanked them for their sacrifice as the "foundation of Japan's peace and prosperity today." "Japan, since the end of the war, has consistently contributed to global peace and prosperity. We will never let

The toxic culture of overworking in Japan, India or any other place turns us all into blood-thirsty, brain-dead creatures

The slow-moving Typhoon Dolphin approached Japan's southern remote islands on Friday, causing a main airport on Okinawa to close and grounding all flights in and out of the island, while sending hundreds of people to take shelter at evacuation centres. The typhoon was near Yoron Island and heading west toward the main island of Okinawa with maximum winds of 144 kph (89 mph) as of late morning Friday, according to the Japan Meteorological Agency. Three men in their 70s were slightly injured - two of them were caught in the wind and a third one fell from a stool, apparently blown off by the wind while preparing for the storm, the Okinawa prefecture said. The Naha Airport on Okinawa Island said it closed Friday and all domestic and international flights in and out of Naha have been cancelled. As of midday Friday, 240 people had taken shelter at evacuation centres across Okinawa, the prefecture said. With Dolphin expected to affect part of Japan's southern main island of Kyushu, resid

The Do Hiemon Box, which keeps the temperature at a brisk 15C and blows jets of 5C air once someone sits inside, is designed to offer quick relief from potential heat exhaustion or heatstroke

The yen fell to its lowest level in nearly 40 years against the US dollar, prompting Japan and the US to jointly intervene in currency markets

The move underscored both countries' resolve to prevent a selloff in the yen and Japanese government bonds (JGBs) from causing global spillovers

The death toll climbed to 34 from a powerful earthquake in southwestern Japan that set off an explosion at a mall, toppled a factory chimney and flattened homes, the Kumamoto prefectural government said on Friday. The magnitude 7.1 earthquake hit Japan's southern main island of Kyushu on Tuesday. Officials said 34 deaths had been confirmed as related to the disaster, with one more death still under investigation. On Thursday authorities said more than 80 people had been injured, five of them seriously. Searchers continued to work in the Kumamoto area on Friday, including at the site of the collapsed mall.

The bureau, headed by veteran police official Kazuya Hara, 58, will be responsible for coordinating intelligence gathering and distilling it for a new National Intelligence Council headed by Takaichi

Rural communities in southwestern Japan were struggling to get their lives back to normal Thursday, two days after a powerful earthquake set off an explosion at a mall, toppled a factory chimney and flattened homes, killing at least 23 people. Time was running out to find survivors, as rescuers continued to work in the Kumamoto area on Japan's southern main island of Kyushu, where the magnitude 7.1 earthquake hit Tuesday. The number of those missing was unclear. The quake left at least 63 people injured, five of them seriously, the Kumamoto prefectural government said. Chief Cabinet Secretary Minoru Kihara, speaking to reporters Thursday, gave a higher number for the death toll at 28. That came from a police tally, he said, which includes cases still under investigation. Some of those cases may later turn out to be unrelated to the earthquake. Survivors spoke about coming home and desperately pulling family members out of the wreckage. Some had suffered injuries and were rushed to

Japanese Prime Minister Sanae Takaichi said 13 people have been found dead after a powerful quake shook part of southwestern Japan and rescue work was continuing Wednesday morning for the missing. A magnitude 7.1 earthquake struck the Kumamoto area on the southern main island of Kyushu late Tuesday afternoon. Takaichi said many other people were injured or still missing as rescue work continued overnight.

The US and Japan urged India at the WTO to ease agricultural export restrictions, improve trade predictability and address non-tariff barriers during its Trade Policy Review

An earthquake registering a preliminary magnitude of 7.1 shook Kumamoto on Japan's southern main island of Kyushu late Tuesday afternoon and a tsunami advisory was issued, the Japan Meteorological Agency said. The quake occurred at the depth of 10 km (6 miles) below the sea surface, JMA said. No damage or injuries were immediately reported after the 4:29 pm quake. The quake occurred in the western region of Kumamoto, about 900 km (540 miles) southwest of Tokyo. The US Pacific Tsunami Warning Center said there was no risk of a tsunami beyond local coasts.