Page 47 - Japan

No decision yet on ADNOC LNG project tie-up after Nikkei report: Mitsui

Other oil majors Shell, BP and Total Energies are also expected to invest, the report said

Japan's MUFG mulls sweeter offer for India's HDB Financial, says report

Both sides are looking to reach an agreement for a 20% stake in HDB Financial Services in about a month, the report said, citing people familiar with the matter

Japan's watchdog orders Google to fix ad search limits affecting Yahoo

Japan's antitrust watchdog said Monday that US search giant Google must fix its advertising search restrictions affecting Yahoo in Japan. The Japan Fair Trade Commission said in a statement that its recent study of Google's practices showed it was undermining fair competition in the advertising market. Google did not immediately respond to a request for comment. Yahoo has merged with Japanese social media platform Line, and Line Yahoo declined comment. The alleged questionable practices by Google began about a decade ago and continued for more than seven years, according to the commission. Google will be under review for the next three years, to ensure it carries out needed changes, the commission said. There is no immediate fine or other penalties for Google, which remains popular among Japanese. The commission's move follows another setback for Google in Japan. Last week, Japanese doctors filed a civil lawsuit against the company, demanding damages for what they claim are ground

No sign of mechanical failure; data from crashed Japanese helicopter shows

An initial analysis of flight data recorders recovered from the crash of two Japanese navy helicopters showed no sign of mechanical problems, Japan's defence minister said on Monday, indicating likely human error. One of the eight crew members died and a search is continuing for the seven others. Defence Minister Minoru Kihara said an initial analysis of data from the two flight data recorders on each helicopter showed no abnormality during their flight and that mechanical failure was most likely not the cause of the crash. The two SH-60K reconnaissance helicopters from the Maritime Self-Defence Force lost contact late Saturday during nighttime anti-submarine training near Torishima island, about 600 kilometers (370 miles) south of Tokyo, officials said. A crew member who was recovered early Sunday from the water was later pronounced dead. Searches continued on Monday for the seven who were still missing, along with the fuselage of the aircraft. The seabed at the crash site east o

2 Japanese navy helicopters crash in Pacific Ocean; 1 dead, 7 missing

Two Japanese navy helicopters carrying eight crewmembers were believed to have crashed in the Pacific Ocean south of Tokyo during a night-time training exercise, and rescuers were searching for the missing, Japan's defense minister said. The two SH-60K choppers belonging to the Maritime Self Defense Force and carrying four crew each, lost contact late Saturday near Torishima island in the Pacific about 600 kilometers (370 miles) south of Tokyo, Defense Minister Minoru Kihara told reporters. One of the eight crewmembers was recovered from the waters, but his or her condition was unknown. Officials were still searching for the other seven. The cause of the crash was not immediately known, Kihara said, adding that officials are prioritizing the rescue operation. The MSDF deployed eight warships and five aircraft for the search and rescue of the missing crew. They recovered fragments believed to be from one of the SH-60Ks, Kihara said. We believe the helicopters have crashed, he said.

Philippines to hold military exercise with US amid tensions with China

Japan and the U.S. have cooperated in supporting the PCG's capacity building, and the three countries held trilateral Coast Guard exercises for the first time last June

5 Japanese escape unhurt in suicide bombing attempt in Pakistan's Karachi

Five Japanese nationals had a lucky escape when their vehicle was targeted by militants in a suicide attack here in Pakistan's Sindh province on Friday, police said. Deputy Inspector General (DIG) East Azfar Mahesar said the terrorists on a motorbike attempted to hit the van of the Japanese nationals near Murtaza Chorangi in Landhi. All five Japanese remained safe. However, the private security guard with them was injured, he said. The Japanese nationals were on the way to the Export Processing Zone from their residence in Zamzama, Clifton, he said. Counter Terrorism Department (CTD) DIG Asif Aijaz Shaikh told Dawn News that the Japanese nationals were travelling in a van along with two security guards when two terrorists tried to hit the van. The security guards killed one terrorist while another blew himself up in an attempt to get close to the van, the official said. All five Japanese nationals are safe, DIG Shaikh said. No one has claimed responsibility so far, the DIG said,

Why are doctors in Japan seeking $9,000 in damages from Google Maps?

The lawsuit was filed by a diverse group of healthcare professionals, including doctors, dentists, medical clinics, and veterinary clinics from across Japan

US envoy vows support for Japanese families abducted, taken to N Korea

America stands with Japan until all the Japanese abducted by North Korea decades ago return home to end their painful separation, United States ambassador to the United Nations Linda Thomas-Greenfield said ON Thursday in Tokyo. Japan says North Korea abducted at least 17 Japanese citizens, possibly many more, to train them as agents during the 1970s and 1980s. Twelve remain missing. They include teenage students and others living along Japan's coasts, and many were bundled into small boats and taken across the sea to North Korea. Thomas-Greenfield began her Japan visit by meeting with families of those kidnapped. The United Stats stands with all the families, with all of Japan and with the international community in pressing for a resolution that will allow all families separated by the regime's policies to be reunited, she said at the outset of her meeting with five relatives of the abductees and a representative from their support group at the Prime Minister's Office. I'm all too

Earthquake of 6.4 magnitude jolts Ehime, Kochi prefectures of south Japan

The epicentre of the earthquake was Bungo Channel, a strait separating Japanese islands of Kyushu and Shikoku, the agency said, adding that no tsunami warning had been issued

Japan records trade deficit for 3rd fiscal year despite recovering exports

Japan recorded a trade deficit for the third straight fiscal year as the costs of energy and other imports rose and the yen remained weak. The deficit was 5.89 trillion yen (USD 38 billion) for the fiscal year that ended in March, according to Finance Ministry data released on Wednesday. The biggest trade deficits were in the Middle East, mainly Saudi Arabia and the United Arab Emirates, as well as Australia and Indonesia. Japan had a trade surplus with the US and some European countries. Annual exports to China slipped slightly, declining for the first time in four years, although the latest monthly data show exports to China recovering, growing 12 per cent from the previous year. Robert Carnell, regional head of research Asia-Pacific at ING Economics, said strong technology-related exports were behind the jump in exports to China, while noting exports were also growing to other regions. We think exports will be the main engine for growth in the coming months, he said in a ...

Hidden billions in Tokyo real estate market lure activist hedge funds

In Japan, there's a huge gap -22 trn yen ($143 bn) by one estimate - between how firms value their real estate assets on their books, versus what those properties would fetch if sold in current market

Japanese consortium to invest $370 mn in Natural Gas Transition Platform

The infrastructure investor said the platform will also increase investments to boost the consumption of renewable natural gas or biogas in India and use of green hydrogen using the city gas network

Microsoft backed OpenAI bids for Japan business as it opens Tokyo office

Japan hopes to take advantage of AI as it looks to compete with an increasingly assertive China, accelerate the shift to digital services and alleviate deepening labour shortages

Honda Motors commences work for new warehouse facility in Karnataka

Japanese firm Honda on Monday said it has commenced work for a spare parts warehouse facility in Doddaballapura near Bengaluru, Karnataka. Managed by Honda Cars India, the new facility will support the spare parts operations for all Honda businesses, including Honda Cars India, Honda Motorcycle & Scooter India, and Honda India Power Products, the company said in a statement. The upcoming facility, which will be operational by the first quarter of FY26, will play an important role in the faster availability of spare parts at Honda dealerships, it added. "This is in line with our commitment towards our customers for providing timely and quicker availability of spare parts for their Honda products," Honda Cars India President and CEO Takuya Tsumura stated. The new facility will not only enhance spare parts accessibility in the southern region of the country but also pave the way for future requirements amid rapid electrification, he added. The development project of the facility will

Iran attack on Israel risks provoking an uncontrollable escalation, says G7

Unequivocally condemning in the strongest terms Iran's direct and unprecedented attack against Israel, the G-7 leaders on Sunday said the development risks provoking an uncontrollable regional escalation even as permanent members of the UN Security Council announced to convene an emergency meeting on the issues in New York. With its actions, Iran has further stepped toward the destabilisation of the region and risks provoking an uncontrollable regional escalation. This must be avoided. We will continue to work to stabilise the situation and avoid further escalation, G-7 leaders said in a joint statement after a conference call among them initiated by President Joe Biden. The US assisted Israel in shooting down dozens of drones and missiles fired by Iran in its first direct military assault on the former. Israeli authorities said 99 per cent of the inbound weapons were shot down without causing any significant damage. In this spirit, we demand that Iran and its proxies cease their .

Asia's market reset: 'Expensive' India lures investors avoiding China risks

The powerful rallies in Indian and Japanese equities as China's market has slumped have reset Asia's financial-market landscape

Amid China's aggression, Biden reiterates support for Philippines, Japan

President Joe Biden said Thursday that U.S. defense commitment was ironclad as he gathered Philippine President Ferdinand Marcos Jr. and Japanese Prime Minister Fumio Kishida at the White House on Thursday in the midst of growing concern about provocative Chinese military action in the Indo-Pacific. The United States defense commitments to Japan and to the Philippines are ironclad. They're ironclad," Biden said as he began three-way talks at the White House with Kishida and Marcos. "As I said before, any attack on Philippine aircraft, vessels or armed forces in the South China Sea would invoke our mutual defense treaty. The White House summit was called amid growing concern about provocative Chinese action in the Pacific, which will be a large focus of the leaders' talks. The White House sees the summit as countering China's attempts at intimidation and sending a message that China is the outlier in the neighborhood, according to an administration official. President Joe Biden is ..

Japan's MUFG discusses buying 20% stake in HDFC Bank's IPO-bound arm

The move marks the latest in a string of acquisitions by Japan's top banks in India

Amid tensions with China, US, Japan, S Korea hold drills in disputed sea

A US carrier strike group led by the USS Theodore Roosevelt has held a three-day joint exercise with its allies Japan and South Korea as US President Joe Biden met for talks with leaders from Japan and the Philippines at the White House. The duelling military and diplomatic maneuvers are meant to strengthen the partners' solidarity in the face of China's aggressive military actions in the region. A number of US and South Korean guided missile destroyers and a Japanese warship joined the April 10-12 drill in the disputed East China Sea, where worries about China territorial claims are rising. The Associated Press was one of several news organizations allowed a front-row look at the drills. Rear Adm. Christopher Alexander, commander of Carrier Strike Group Nine, said the three nations conducted undersea warfare exercises, maritime interdiction operations, search and rescue drills and work focused on communication and data sharing. He told journalists Thursday on the Roosevelt that th