Page 32 - Japan

PM Modi meets Kishida, Albanese; discusses ways to deepen bilateral ties

Prime Minister Narendra Modi held "very good" meetings with his Japanese and Australian counterparts on the sidelines of the Quad Summit here and exchanged views to deepen bilateral cooperation further for mutual benefits and the 'peace, stability, and prosperity' of the Indo-Pacific region. Modi met Japanese Prime Minister Fumio Kishida and Australian Prime Minister Anthony Albanese in Wilmington on Saturday. The three leaders met at the sidelines of the Quad Leaders' Summit, hosted by US President Joe Biden. Modi and Albanese reaffirmed their commitment to "further deepen" bilateral ties, with the Indian leader saying that he "cherishes the time-tested friendship" with Australia. "Held extensive discussions with PM Albanese. We seek to add even more momentum in areas like trade, security, space and culture. India greatly cherishes the time-tested friendship with Australia," Modi said in a post on X. "Great to talk with Prime Minister @narendramodi today at the Quad Leaders Summi

Quad summits from 2021 virtual meeting to Wilmington in 2024: A timeline

Prime Minister Narendra Modi landed in Philadelphia Saturday to begin his three-day US trip with the Quad Leaders' Summit being held in Wilmington, Delaware. The Quad Leaders' Summit this year was earlier supposed to be held in India, but US President Joe Biden was keen to hold the event in his hometown. This will be a farewell summit for both Biden and Japanese Prime Minister Fumio Kishida as they near the end of their terms in office -- January 20, 2025 for the US president and Oct 1 for Japanese prime minister. The fourth leader attending the meeting is Australian Prime Minister Anthony Albanese. Here's a look at previous summits. -- May 20, 2023 (Hiroshima, Japan) Format: In-person Attending leaders: PM Albanese, PM Modi, PM Kishida, and President Biden Notes: Australia was the host of the summit for the year, and was supposed to hold the summit in Sydney just after the G7 Hiroshima Summit. However, President Biden postponed his trip to Australia and Papua New Guinea at th

Heavy rain pounds northcentral Japan still recovering from deadly quake

Heavy rain pounded Japan's northcentral region of Noto on Saturday which triggered landslides and swollen rivers to overflow, flooding homes and stranding some residents in the region still recovering from a deadly earthquake earlier this year. The Japan Meteorological Agency issued the highest level of heavy rain across several cities in the Ishikawa prefecture, including the worst-hit Wajima where authorities said one person was missing. At least 12 rivers in Ishikawa breached their banks as of late Saturday morning, according to the Land and Infrastructure Ministry. Residents were urged to use maximum caution against possible mudslides and building damage. Up to 20 centimeters (7.8 inches) of rainfall is predicted in the region within the next 24 hours through Sunday noon, due to the rainbands that cause torrential rain above the Hokuriku region, JMA said. So far, there have been no reports of injuries from the heavy rain. But many homes were flooded and some residents in two ..

Export bans to subsidies: WTO nations inquire about India's agri policies

Nations including the US, UK, Japan, and Canada have sought answers from India about its continued export bans and other agricultural policies at the World Trade Organization (WTO)

Japan's gender diversity push falters as women CEOs remain below 1%

The Japanese government aims for women to hold 30% of executive roles by decade's end, but current numbers indicate a challenging road ahead

7-Eleven parent's new security rating won't affect a buyout: Japan minister

Seven & i this month rejected a $38.5 billion offer from Circle-K owner Couche-Tard, citing concerns about price

Emmys 2024: FX's Shogun steals the night with record-breaking 18 wins

An adaptation of James Clavell's historical novel set in 17th-century Japan, Shogun earned a record-breaking 25 nominations at this year's Emmys

India seeks investment from S Korea, Japan to set up shipbuilding clusters

India is seeking investments and technology transfer from South Korea and Japan to establish shipbuilding and ship repair clusters to promote the domestic shipping supply chain in the country, according to a senior government official. Currently, India holds less than 1 per cent of the global shipbuilding market, dominated by China, South Korea, and Japan. "We are looking at South Korea and Japan for investments and technology transfer for establishing shipbuilding and ship repair clusters in India," TK Ramachandran, Secretary in Ministry of Ports, Shipping and Waterways (MoPSW), told a group of journalists here. Ramachandran was in Goa to participate in the 20th Maritime State Development Council (MSDC), where plans for a mega shipbuilding park, spanning multiple states, were discussed. "We have communicated to them (South Korea and Japan) that you come with your technology and investments, we will provide you land for setting up shipbuilding and ship repair clusters," he said. T

India seeks investments from South Korea & Japan for shipbuilding clusters

India is seeking investments and technology transfer from South Korea and Japan to establish shipbuilding and ship repair clusters to promote the domestic shipping supply chain in the country, according to a senior government official. Currently, India holds less than 1 per cent of the global shipbuilding market, dominated by China, South Korea, and Japan. "We are looking at South Korea and Japan for investments and technology transfer for establishing shipbuilding and ship repair clusters in India," TK Ramachandran, Secretary in Ministry of Ports, Shipping and Waterways (MoPSW), told a group of journalists here. Ramachandran was in Goa to participate in the 20th Maritime State Development Council (MSDC), where plans for a mega shipbuilding park, spanning multiple states, were discussed. "We have communicated to them (South Korea and Japan) that you come with your technology and investments, we will provide you land for setting up shipbuilding and ship repair clusters," he ...

Sumitomo to invest $710 million to build renewable energy projects in India

Sumitomo to invest JPY 100 billion to build renewable energy projects in India

Joe Biden urged to reconsider $14 bn US Steel takeover by Nippon Steel

US Steel closed up 7 per cent in New York on Wednesday after recording the biggest intraday increase since Dec 18 earlier

Couche-Tard considers raising offer price for Seven & i after buyout talks

Seven & i has tapped Nomura to advise its board in preparation for a potential takeover battle with Couche-Tard, the Financial Times separately reported on Thursday

Who's vying to be Japan's next prime minister after Kishida's step down

Here are the leading contenders based on public opinion polls

Vedanta urges govt to talk with Japan, S Korea to end nickel sulphate duty

Vedanta and some smaller firms turn nickel ores imported primarily from Australia, Indonesia and Turkey into nickel sulphate before shipping it to South Korea, Japan and other countries

Bid for 7-Eleven owner shows Japan's governance gains: Suntory CEO Niinami

Niinami, 65, is one of Japan's most influential executives, serving as chair of the Keizai Doyukai business lobby and also as an economic adviser to current and former prime ministers

Nippon Steel's US setback a wake-up for Japan Inc's foreign investments

Some advisers said that the Nippon Steel deal was complicated by the US presidential election, with many Republican and Democratic lawmakers voicing opposition to it

Asia shares rise marginally with focus on US inflation test, Fed meet

Japan's Nikkei last traded 0.4 per cent higher, helped by gains in financial and consumer names

Asian markets dip after Wall Street had its worst week in nearly 18 months

Asian stocks fell Monday after another rout hit Wall Street on Friday, as a highly anticipated update on the US job market came in weak enough to add to worries about the economy. The Nikkei 225 index was hovering around its lowest level in almost a month during morning trading, and it slipped 0.5 per cent to close at 36,215.75. Japan's gross domestic product grew by an annualised 2.9 per cent in the second quarter, according to revised data from the Cabinet Office released on Monday. This was below expectations. Any broader risk aversion may have an amplified effect on Japanese equities, with safe-haven flows potentially supporting the yen, which is looked upon as negative for the country's exporters, Yeap Jun Rong, market strategist at IG, said in a commentary. The US dollar was trading at less than 143 Japanese yen in Monday trading. Stocks in Chinese markets also racked up losses after worse-than-expected inflation data disappointed investors. Data from the National Bureau of

Japan's new PM likely to pledge more spending to support economy, growth

The winner of the Liberal Democratic Party's (LDP) leadership race, scheduled on Sept. 27, will become next prime minister due to the party's control of parliament

Australia's Domino's served with class action on 'misleading' Japan mkt

Echo Law on its website said the class action was in relation to a Domino's announcement made on Nov. 3, 2021