Page 13 - Japan

Donald Trump, Japan's Ishiba fail to reach trade deal at G7 Summit

Failure to secure a concrete deal may undermine Ishiba's leadership ahead of next month's upper house polls, despite his hopes of the summit marking a breakthrough in ongoing tariff talks

India wants to leverage Japan ties for magnets, revisiting rare-earth deal

India is considering a short-term revamp of its rare earth agreement with Japan to secure magnet supply as China disruptions highlight gaps in domestic sourcing

India moves to conserve rare earths, seeks halt to exports to Japan

In a recent meeting with auto and other industry executives, Indian Commerce Minister Piyush Goyal asked IREL to stop its exports of rare earths

Japanese frigate reaches Australia as Tokyo attempts $6.5 bn defence deal

A state-of-the-art Japanese warship has arrived in Australia as part of a high-stakes campaign to secure a $6.5 billion contract to build the country's next fleet of general-purpose frigates. The JS Yahagi, a Mogami-class stealth frigate from Japan's Maritime Self-Defence Force, is docked in Darwin in Australia's Northern Territory in what appears a symbolic and strategic move aimed at strengthening defense ties with Australia and showcasing Japanese naval technology. Japan's bid, led by Mitsubishi Heavy Industries, was short-listed in November for the Royal Australian Navy's SEA 3000 frigate project and is competing against Germany's MEKO A-200 offered by Thyssenkrupp Marine Systems. The Australian Government is expected to select a preferred design later this year, with construction for 11 new vessels slated to begin the following year. Japan would jointly develop and produce the frigates for the Australian navy. Bolstering defense industry As part of its military buildup, Japa

Explosion at US air base in southern Japan injures 4 Japanese soldiers

An explosion at a storage site for unexploded wartime ordinances at a US military base on Japan's southern island of Okinawa injured four Japanese soldiers, though the injuries are not life threatening, officials said on Monday. The four soldiers had injuries to their fingers while working at a facility that belongs to Okinawa prefecture to store unexploded ordnance found on the island, where one of the harshest battles of World War II was fought, local officials said. Prefectural officials said the injuries were not life threatening, but no other details were immediately known. The Self Defence Force's joint staff said they were looking into reports of an explosion at Kadena Air Base that occurred while a team of Japanese soldiers that specialises in handling unexploded ordnance was working near or at the base. The SDF said they are trying to confirm the cause of the accident and where it occurred. Hundreds of tons of unexploded wartime bombs, many of them dropped by the US milit

Manish Gupta named as new president, MD for Dell Technologies India

Dell Technologies on Friday announced the appointment of Manish Gupta as president and managing director for India, effective immediately. Gupta will lead the company's growth initiatives and drive sales in India, a company statement said. He will report to Peter Marrs, president, Asia Pacific Japan & Greater China (APJC), Dell Technologies. Gupta takes over from Alok Ohrie, who is leaving the company to concentrate on personal pursuits, the company said. Gupta brings in over 25 years of experience in the IT industry, including over ten years in leadership positions at Dell Technologies. Before his current role, he headed global alliances, channel partnerships, and strategic planning for the APJC region. He has also held the position of vice president of the Infrastructure Solutions Group in India. Upon his appointment, Gupta said: "India presents immense opportunities, with businesses striving to harness technology for agility and competitive advantage. "With a talented team, a

Japan firms to face fines if they fail to protect workers from heat waves

Businesses will face potential penalties including fines of 500,000 yen ($3,475) if provisions aren't sufficient

Datanomics: India closes in on Japan to be fourth-largest economy this year

India is likely to overtake Germany in 2028 as the third largest economy in the world, according to projections by the IMF

Global universities woo students affected by Trump's education clampdown

Global universities are offering support, fee waivers, and transfers to students impacted by Trump's crackdown on US institutions, aiming to attract talent and academic revenue worldwide

KG Motors looks to kickstart Japan's electric-vehicle market with Mibot

KG Motors has developed a battery-powered one-seater that more resembles a futuristic golf cart than it does a modern EV, much less a traditional car

Trump to hold rally for Nippon in Pennsylvania as it partners with US Steel

President Donald Trump is holding a rally in Pennsylvania on Friday to celebrate a details-to-come deal for Japan-based Nippon Steel to invest in US Steel, which he says will keep the iconic American steelmaker under US-control. Though Trump initially vowed to block the Japanese steelmaker's bid to buy Pittsburgh-based US Steel, he changed course and announced an agreement last week for what he described as partial ownership by Nippon. It's not clear, though, if the deal his administration helped broker has been finalized or how ownership would be structured. Trump stressed the deal would maintain American control of the storied company, which is seen as both a political symbol and an important matter for the country's supply chain, industries like auto manufacturing and national security. Trump, who has been eager to strike deals and announce new investments in the US since retaking the White House, is also trying to satisfy voters, including blue-collar workers, who elected him as

China to resume seafood imports halted over Fukushima discharge, says Japan

China will resume Japanese seafood imports that it banned in 2023 over worries about Japan's discharge of wastewater from the damaged Fukushima Daiichi nuclear power plant into the sea, a Japanese official said Friday. The issue has been a significant political and diplomatic point of tension for the wary Asian powers. Agriculture Minister Shinjiro Koizumi said the two sides reached an agreement after Japanese and Chinese officials met in Beijing and the imports will resume once the necessary paperwork is done. China did not immediately comment. China blocked imports of Japanese seafood because it said the release would endanger the fishing industry and coastal communities in eastern China. Japanese officials have said the wastewater must be released to make room for the nuclear plant's decommissioning and to prevent accidental leaks. They say the treatment and dilution will make the wastewater safer than international standards and its environmental impact will be ...

Japanese washlet bidets gain ground in US despite tariffs, cultural gaps

An industry report last year showed that more than two in five renovating homeowners in the United States are choosing to install toilets with speciality features, including bidet toilet seats

CBI arrests 6, busts 2 illegal call centres for cheating Japanese citizens

The CBI arrested six people and dismantled two illegal call centres for allegedly cheating Japanese citizens using tech support scams, officials said Thursday. After registering the case as part of its crackdown on cybercriminals in Operation Chakra V, the Central Bureau of Investigation (CBI) worked closely with the Japan National Police Agency and Microsoft to identify the syndicate members and their locations. "This collaborative international engagement proved critical in identifying the perpetrators and tracing the operational structure of the syndicates, ultimately leading to the successful crackdown in India," the CBI said in a statement. Once the locations were identified, the CBI teams swooped down on 19 locations in Delhi, Haryana and Uttar Pradesh on Wednesday during which six alleged gang members were arrested and two illegal call centres were dismantled. The arrested were identified as Ashu Singh from Delhi, Kapil Ghakhar from Panipat, Rohit Maurya from Ayodhya, Shubha

Japan expands military build-up against China with US stand in doubt

For the first time, Japan sent destroyers through the Taiwan Strait on two occasions in recent months

Japan loses world's top creditor spot to Germany after 34-year reign

Japan's net external assets hit ¥533.05 trillion ($3.7 trillion) in 2024, a 13% rise from last year, but it was surpassed by Germany, which now leads in net external assets

Softbank's Masayoshi Son floats idea of US-Japan sovereign wealth fund

Son has discussed the plan with US Treasury Secretary Scott Bessent, although it hasn't been formally proposed, the report said.

India beats Japan, now fourth-largest economy: NITI CEO Subrahmanyam

IMF projects India's GDP to cross Japan's in FY25; NITI Aayog chief says India will surpass Germany in 2.5-3 years to claim third-largest economy spot

In the works: Motherson Group's offer to acquire Marelli Holdings

Indian group's offer to be placed before lenders on Monday

Viral manga revives quake fears, Japan tourism hit ahead of summer peak

Bookings to Japan from key Asian markets like Hong Kong and Taiwan drop sharply as viral posts revive a comic book prediction of a July 2025 quake, prompting airlines to cut flights