Page 35 - Japan

Japanese govt issues its first 'megaquake' warning after powerful tremor

Defined as a major tremor occurring in 100- to 150-year cycles, a megaquake could surpass the damage from the March 2011 earthquake

SoftBank VF1 reports $544 mn loss on Paytm exit, gains $65 mn on Zomato

The Japanese conglomerate recorded a $394 million gross gain from its $199 million investment in Policybazaar, and gain of $285 million on its $397 million investment in Zomato

Tech leads Asia stock selloff; yen, dollar gains in volatile week for mkts

Elsewhere, Taiwan's tech-heavy stock benchmark sagged 2% and Hong Kong's Hang Seng lost 1%

Will work to make Maha's economy surpass Japan, Germany: Guv Radhakrishnan

Maharashtra Governor CP Radhakrishnan has said he will work to make the state's economy larger than Japan and Germany and to ensure the wealth created reached the remotest village of the state. He was speaking here on Wednesday at the launch of 'Yoddha Karmayogi - Eknath Sambhaji Shinde', a biography of Chief Minister and Shiv Sena leader Eknath Shinde. He highlighted Maharashtra's crucial role in realising Prime Minister Narendra Modi's vision of a 'Viksit Bharat' (developed India) by 2047. The governor expressed confidence in CM Shinde's leadership to make Maharashtra a trillion-dollar economy while ensuring inclusive development. "A day will come by 2047 when India will be the richest nation of the world. That time, our Maharashtra state economy should be larger than the second largest economy of the world, that should be our aim and we all should work towards it," he said. "I will work with you to the extent that Maharashtra state's economy becomes larger than the second larg

Honda posts 23% Q1 profit jump, aided by sales of hybrid vehicle

The company maintained its full-year operating profit forecast of 1.42 trillion yen, while slashing its sales outlook for China by 220,000 vehicles for that period

Japan, South Korea, and UAE tourists can now avail visa-on-arrival in India

Visa-on-arrival is available at six designated airports: Bangalore, Chennai, Delhi, Hyderabad, Kolkata, and Mumbai

Stock rout in Japan wipes out $15 bn of SoftBank Group Corp's value

The technology giant's stock fell 19 per cent, the worst performance since SoftBank listed on the Tokyo Stock Exchange in 1998

Fear-gripped equity investors lose Rs 15 trillion; Sensex, Nifty fall 2.7%

India VIX surges 42%, most in 9 years; FPIs offload shares worth Rs 10,073 crore

Yen rises to 7-month high as weak US labour data fuels recession fears

The US economy is showing signs of slowdown but it's not as bad as the market is pricing in

Rajasthan govt to hold road shows ahead of investment summit in Jaipur

The previous Ashok Gehlot government organised a similar programme in 2022 - Invest Rajasthan 2022 Summit - in Jaipur on October 7-8

China accuses Japan of 'smear attacks' in recent talks with Quad members

China has expressed strong dissatisfaction to Japan about what it called "smear attacks" against China at recent high-level meetings with the United States, India and Australia, the Foreign Ministry said Wednesday. A ministry statement said that Liu Jinsong, the director general of the Asian affairs department, conveyed solemn representations and serious concern at a meeting the previous day with Akira Yokochi, the deputy chief of mission at the Japanese Embassy. Liu pointed out that Japan's smear attacks on China are self-contradictory to its statement of promoting the strategic and reciprocal relationship between the two countries, the statement said. Meeting in Tokyo on Sunday, Japan's foreign and defense ministers agreed to bolster military cooperation with the US at what are known as 2+2 talks with their American counterparts. A joint statement said China's foreign policy seeks to reshape the international order for its own benefit at the expense of others and that such behavi

Since Japan launch, Honda Elevate exports nearly double of India sales

Between April and June 2024 Honda exported 10,659 units of the Elevate meanwhile it sold 5,435 units of the Elevate in Indian market

India, Japan have set $42 billion investment target by 2027: S Jaishankar

'There are currently 1,400 Japanese companies operating in India, and we aim to increase this number,' External Affairs Minister S Jaishankar said in a Quad press briefing

Toyota global output tumbles in June, dragged down by Japan and China

In China, where domestic electric vehicle makers like BYD have rapidly gained market share and have aggressively cut prices, production fell 21.7% - marking the fifth month in a row

US, Japan, and South Korea boost ties, ink security cooperation treaty

Kihara, Austin and Shin had agreed to institutionalize trilateral security cooperation when they last met in June in Singapore

US to upgrade military command in Japan amid growing concerns over China

The two countries agreed Sunday to upgrade the command functions of the US forces in Japan for better coordination of the US-Japan bilateral alliance

Japan's Mitsubishi Motors set to join Honda-Nissan alliance: Report

Nissan and Honda said in March they were considering a strategic partnership to collaborate on producing electric vehicle components and artificial intelligence in automotive software platforms

Netaji's grandnephew appeals to PM to bring back his remains from Japan

Legendary freedom fighter Subhas Chandra Bose's grandnephew Chandra Kumar Bose on Sunday appealed to Prime Minister Narendra Modi to bring back the "mortal remains of Netaji" from Japan's Renkoji by August 18. He also said a final statement should come from the central government on the matter so that false narratives about Netaji are laid to rest. Stating that the NDA-led government took initiative to declassify files related to the freedom fighter, Bose said after the release of all the "10 inquiries - national and international", it is evident that "Netaji perished on August 18, 1945" in an air crash in Taiwan. "It is therefore imperative that a final statement is made from the Government of India so that false narratives about the liberator of India are laid to rest," Bose wrote in a letter to Modi on Sunday. "My humble appeal to you is to bring back the mortal remains of Netaji from Renkoji to India by August 18, 2024," he said. In an interview to PTI Videos, Bose, who was a

US-Japan talks focus on bolstering cooperation amid rising China threat

Japanese and US defence chiefs and top diplomats will meet in Tokyo on Sunday for talks aimed at further bolstering their military cooperation, including by upgrading the command and control of US forces and strengthening American-licensed missile production in Japan, amid a rising threat from China. Secretary of State Antony Blinken and Defence Secretary Lloyd Austin will join their Japanese counterparts, Yoko Kamikawa and Minoru Kihara, at the Japan-US Security Consultative Committee, known as 2+2 security talks, to reaffirm their alliance following President Joe Biden 's withdrawal from the November presidential race. For the first time, the ministers will hold separate talks to reaffirm the US commitment to extended deterrence, which includes atomic weapons a shift from Japan's earlier reluctance to openly discuss the sensitive issue in the world's only country to have suffered nuclear attacks amid growing nuclear threats from Russia and China. The ministers are expected to ..

2nd India-Japan consultations on Middle East discuss developments in region

The second India-Japan consultation on the Middle East was held in the national capital on Thursday, and both sides discussed the challenges and political developments happening in the Middle East and West Asia region.The delegation was led by Suresh Kumar, Joint Secretary, West Asia & North Africa (WANA) Division, and the Japanese delegation was led by Ando Toshihide, Director General, Middle Eastern and African Affairs Bureau."The consultations covered a wide range of topics, including political developments, economic opportunities and challenges in the Middle East/West Asia region," the Ministry of External Affairs said in a statement.Moreover, participants engaged in constructive discussions, sharing their perspectives and insights on the situation in the Middle East, including Gaza.Both sides agreed to remain in touch and continue their consultation on issues concerning the Middle East region.MEA Spokesperson Randhir Jaiswal posted on X, stating that the discussions were ...