Page 60 - Japan

Indian markets can withstand a somewhat expensive multiple: Jonathan Garner

For foreign investors, there is a good opportunity to buy Japan, Korea and Taiwan in the Asian region, he said in this exclusive interview on the sidelines of the Morgan Stanley India Investment Forum

Japan earmarks $107 bn for developing hydrogen energy to cut emissions

Japan's government on Tuesday adopted a revision to the country's plans to use more hydrogen as fuel as part of the effort to reduce carbon emissions. The plan sets an ambitious target to increase the annual supply by six times from the current level to 12 million tons by 2040. It also pledges 15 trillion yen (USD 107 billion) in funding from both private and public sources to build up hydrogen-related supply chains over the next 15 years. Japan's decarbonization strategy centres on using so-called clean coal, hydrogen and nuclear energy to bridge its transition to renewable energy. Russia's war on Ukraine has deepened concerns over energy security and complicated that effort, but other advanced Western nations are pushing for faster adoption of renewable energy, such as solar, wind and geothermal. So far, Japan is relying on hydrogen mainly produced using fossil fuels. Some experts say strategies like commercialising the use of hydrogen and ammonia mainly cater to big business ...

North Japan's Niigata steps up efforts to eradicate raccoons: Report

Since 2005, Japan has labeled raccoons as an invasive alien species as they have damaged about 80 per cent of the country's temples

Tropical storm intensifies rains in Japan, threatens floods in some regions

Heavy rains intensified by Tropical Storm Mawar fell on Japan's main archipelago on Friday, halting trains and transit and threatening floods and mudslides in central and western regions, while residents were urged to use caution. Warnings were issued in parts of western and central Japan, with up to 25 centimeters (10 inches) of rain forecast through Saturday evening. Residents in vulnerable areas, including those in Mie, Wakayama, Aichi and Shizuoka prefectures in central Japan, were warned of the potential for flooding and mudslides and advised to go to evacuation centers if possible. Television footage showed swollen rivers in residential areas in Wakayama city, including one where brown water rose as high as the bottom of a bridge over it. In Tokyo, the few pedestrians on the rainy streets clutched umbrellas as winds blew tree branches around. Afternoon classes were also cancelled at some schools. Ferry operations in the Tokyo Bay were cancelled for the rest of Friday. Heavy

Japan's birth rate falls to record low as population crisis deepens

Japan's demographic problems have been made worse by the Covid-19 pandemic, as fewer marriages in recent years have led to fewer births

Japanese ambassador Hiroshi Suzuki rides Mumbai local, explores markets

Japanese ambassador to India, Hiroshi Suzuki, who once lauded the hard work put in by workers to advance the bullet train project, was spotted travelling in a Mumbai local on Thursday.Suzuki was in Mumbai, commuting like a typical Mumbaikar.He travelled in a local train in Mumbai and also posed for a photograph while standing at the gate of the train."I'm in Mumbai," Suzuki tweeted.In another tweet, he was seen in a Mumbai local market, looking at white shirts priced Rs 100 each. He captioned the photograph, "What a bargain! Should I buy?"Earlier this year, in April, Suzuki met US ambassador to India, Eric Garcetti and discussed future cooperation of both nations with India, including the Quad and G20.The Japan envoy said he was excited to work with Garcetti in Delhi."Delighted to welcome Eric Garcetti @USAmbIndia to my residence as ambassador-designate of the USA. We had a wonderful time talking about our future cooperation with India including Quad and G20. Excited to work together .

Japan police say security flaws allowed attacker to throw bomb at PM Fumio

Japan's National Police Agency said in a report on Thursday that flaws in basic security such as an absence of metal detectors and bag checks allowed an attacker to enter a campaign crowd unnoticed and throw a pipe bomb at Prime Minister Fumio Kishida in April. The bomb fell near Kishida and he was pushed away by special police before it exploded and he was unhurt. A suspect, Ryuji Kimura, 24, was arrested at the scene of the April 15 attack in the fishing port of Saikazaki in the western prefecture of Wakayama, where Kishida was about to make a campaign speech for a local candidate. Kimura remains in police custody and is undergoing a court-approved mental evaluation until September 1. Some of the people attending the campaign rally, who were mostly from the fishing community, said they were surprised by the loose security arrangements, such as the lack of bag checks and the close distance between them and the prime minister. The attack occurred less than a year after the July 20

Japan enacts law to extend operating period of nuclear plants beyond 60 yrs

Japanese parliament has enacted legislation to allow nuclear reactors in the country to be operated beyond the current limit of 60 years in a push to cut carbon emissions

Japan's rally will impact flows into other mkts: Bank of America's Akutsu

In a Q&A, the bank's Chief Japan Equity Strategist says yen depreciation this time around is benefitting stock prices and Japanese markets will finally surpass the lifetime highs made 34 years ago

Import duty case: Japan urges India to rescind decision of appeal in WTO

Japan on Tuesday expressed disappointment over India's decision to appeal against a ruling of the WTO trade dispute settlement panel on import duties on certain information and technology products, and has urged to withdraw it, a Geneva-based official said. On May 25, India appealed against a ruling of the World Trade Organization's (WTO) trade dispute settlement panel which stated that the country's import duties on certain information and technology products are inconsistent with the global trade norms. The ruling followed a dispute filed by the European Union, Japan and Taiwan against these duties in WTO. Japan flagged its concerns during the meeting of the dispute settlement body in Geneva. "Japan has urged India to rescind its decision (concerning appeal)" the official said. The dispute panel of WTO on April 17 said in its report that import duties imposed by India on certain information and technology products violate global trading norms. The appeal was filed by India in t

Japan adopts five-year action plan, aims to halve heatstroke deaths by 2030

People aged 65 and older accounted for over 80 per cent of the deaths from heatstroke in the past five years

Stalin visits Japanese tech firm, discusses use of AI in public utlities

Tamil Nadu Chief Minister M K Stalin on Tuesday visited technology firm NEC Future Creation Hub in Japan and interacted with officials on how Artificial Intelligence (AI) could be used in the administration of the state government. The chief minister's deliberations with NEC officials were about AI-facial recognition, quantum computing objectives and possibly using such technology in the administration of Tamil Nadu government and public utilities, an official release here said. The officials briefed Stalin on NEC's tech-driven solutions in various spheres, including stress-free journey for air passengers, the release added. Tamil Nadu Industries Minister TRB Rajaa and senior officials including Additional Chief Secretary S Krishnan were present. On May 23, the Chief Minister embarked on a visit to Singapore and Japan to attract investments and invite investors to the Global Investors Meet slated to be held here in January 2024.

Tamil Nadu signs business pacts worth Rs 800 crore with Japanese companies

A total of six MoUs were signed in Tokyo, envisioning a total investment of Rs 818.90 crore in the fields of automotive spares, construction engineering, and metals used in space and defense

N Korea tells neighbour Japan it plans to launch satellite in coming days

Japan's coast guard said North Korea has notified it that it plans to launch a satellite in coming days, which may be an attempt to put a military reconnaissance satellite into orbit. Japan's coast guard said the notice from North Korean waterway authorities said the launch window was from May 31 and June 11 and that the launch may affect waters in the Yellow Sea, East China Sea and east of the Philippines' Luzon Island. Japan's coast guard issued a safety warning for ships that would passing through the area during the launch window. The prime minister's office said Prime Minister Fumio Kishida has instructed officials to do their utmost to gather and analyze information related to the launch and inform people about it. Pyongyang said early this month its first military spy satellite was ready for launch. Such a launch would use long-range missile technology banned by past UN Security Council resolutions. North Korea's past launches have demonstrated an ability to deliver a satel

Stalin rides bullet train in Japan, bats for 'equivalent' service in India

Tamil Nadu Chief Minister M K Stalin, who is on an official trip of Japan, on Sunday undertook a 500-km bullet train journey to its capital city Tokyo and said such a service could benefit the Indian citizens as well. He also addressed Tamils living in Japan, while highlighting the link between the Tamil and Japanese languages. On his train journey, he tweeted: "Traveling from Osaka to Tokyo on #BulletTrain; will cover a distance of about 500 km in less than two and a half hours," and shared some related pictures. "A railway service equivalent to #BulletTrain not only in design but also in speed and quality should come for use in our India as well. The poor and middle class people should benefit and their journey should become easier! #FutureIndia," he added. The Chief Minister had earlier embarked on a two-nation official trip of Singapore and Japan to attract more investments to Tamil Nadu. Later in the day, he addressed a meeting of the Tamil diaspora living in Japan and ...

Stalin rides Japan's Bullet train; bats for equivalent service in India

Tamil Nadu Chief Minister M K Stalin, who is on an official trip of Japan, on Sunday undertook a 500-km bullet train journey to its capital city Tokyo and said such a service could benefit the Indian citizens as well. In a tweet, he said: "Traveling from Osaka to Tokyo on #BulletTrain; will cover a distance of about 500 km in less than two and a half hours," and shared some pictures of his journey. "A railway service equivalent to #BulletTrain not only in design but also in speed and quality should come for use in our India as well. The poor and middle class people should benefit and their journey should become easier! #FutureIndia," he added. The CM had earlier embarked on a two-nation official trip of Singapore and Japan to attract more investments to Tamil Nadu.

Learning to smile again

Smiling is actually core to Japanese culture and their intrinsic politeness as a nation

Japan unveils policy blueprint featuring childcare, no mention of funding

The outline, which will serve as a backbone for the government's economic policy set to be finalised in June, made no mention of how to fund such spending

Strong earthquake shakes eastern Japan; no tsunami warning issued

A strong earthquake shook Tokyo and other areas of eastern Japan on Friday, but no tsunami warning was issued. The magnitude 6.2 quake was centred off the east coast of Chiba Peninsula at a depth of 44.2 kilometres, the US Geological Survey said. Strong shaking was reported in Chiba and Ibaraki prefectures, but the USGS said there was little chance of serious damage or fatalities. Kyodo News service said no problems were reported at the Tokai No. 2 nuclear power plant in Ibaraki. A strong earthquake hit central Japan on May 5, killing at least one person and injuring more than 20 others. Japan is one of the world's most earthquake-prone nations. A massive 2011 quake in the country's northeast caused a devastating tsunami and nuclear plant meltdown.

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