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The Latest Breaking News from Tokyo

'Cautious' Ueda nominated next Bank of Japan governor

Tokyo (AFP) - Economics professor Kazuo Ueda was nominated Tuesday as the Bank of Japan's next governor, tasked with navigating a way forward after a decade of extraordinary monetary easing.

AFP

Bank of Japan's 'bazooka' chief Kuroda's record tenure

Tokyo (AFP) - Bank of Japan governor Haruhiko Kuroda is stepping down after a 10-year tenure defined by his signature "bazooka" of easy money policies, designed to reboot the country's moribund economy.

AFP

Kazuo Ueda nominated next Bank of Japan governor

Tokyo (AFP) - Economics professor Kazuo Ueda was nominated Tuesday as the Bank of Japan's next governor, tasked with navigating a way forward after a decade of extraordinary monetary easing.

AFP

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Japan GDP rebounds less than expected in fourth quarter

Tokyo (AFP) - Japan's economy expanded just 0.2 percent in the last quarter of 2022, a smaller rebound than expected despite the long-awaited reopening of the country to tourists, government data showed Tuesday.

AFP

Japanese oysters exported to EU for 1st time amid sales worries

HIROSHIMA -- Oysters from Hiroshima Prefecture have been exported to the European Union, marking Japan's first oyster exports to the region. The plane carrying the unshucked frozen mollusks took off from Haneda Airport in Tokyo on Thursday.

The Japan News/Yomiuri

All-male BOJ picks another blow for gender equality in Japan

Once again, three men are set to lead the Bank of Japan (BOJ), underscoring the hurdles women face in reaching leadership positions in a country that ranks the lowest among advanced economies for gender equality.

Reuters

Guidelines drafted to govern sporting events

To prevent a recurrence of incidents such as the corruption and bid rigging allegations related to the Tokyo Games, a draft of governance guidelines was released Friday for bodies that organize major sporting events in Japan.

The Japan News/Yomiuri

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Japan's PM Kishida undergoes sinus surgery

Japanese Prime Minister Fumio Kishida is having sinus surgery at a Tokyo hospital to treat chronic sinusitis that has caused him to have a stuffy nose since last year

The Independent UK

Canadian Women’s National Soccer Team Goes on Strike

The winners of the gold medal at the Tokyo Olympics are unhappy with support from the federation.

Sports Illustrated

Organ transplant NPO probed over alleged massive profits

A 10 million yen surplus from arranging a single organ transplant overseas is among the irregularities that have stood out about the Tokyo-based nonprofit organization being investigated by the Metropolitan Police Department.

The Japan News/Yomiuri

Japan, Philippines to step up defense cooperation

Prime Minister Fumio Kishida and Philippine President Ferdinand Marcos Jr. agreed Thursday to strengthen security cooperation between Tokyo and Manila with an eye on China's growing hegemony in the East and South China Seas.

The Japan News/Yomiuri

Yen strengthens on reports Ueda picked as Bank of Japan chief

Tokyo (AFP) - Japan's government plans to nominate economics professor Kazuo Ueda as Bank of Japan chief, reports said Friday, an unexpected pick that sent the yen rallying against the dollar.

AFP

Renault-Nissan: why electric vehicles will be key to the future of the embattled auto alliance

When Carlos Ghosn was escorted off his private jet after landing at Tokyo’s Haneda airport in November 2018 and promptly arrested for alleged financial misconduct, simmering tensions between carmakers Renault and Nissan over his plans to create a single, cohesive company became all too public.

The Conversation

Philippines' Marcos strikes defence, infrastructure deals in Tokyo

Tokyo (AFP) - Philippine President Ferdinand Marcos hailed new defence and other deals signed with Japan in Tokyo on Thursday, as the nations seek to deepen ties, including on security in response to growing Chinese military pressure.

AFP

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The Japan News/Yomiuri

NPO director arrested over organ transplant in Belarus

The director of a Tokyo-based nonprofit organization has been arrested and sent to prosecutors on suspicion of facilitating an organ transplant without official permission, sources close to the investigation told The Yomiuri Shimbun.

The Japan News/Yomiuri

'Antenna shops' forced to evolve amid pandemic, online shopping

Specialty stores that promote regional areas are increasingly shuttering due to the effects of the coronavirus pandemic, high rents and the popularity of online shopping.

AFP

Nissan keeps annual profit forecasts, cuts unit sales target

Tokyo (AFP) - Nissan maintained its full-year profit forecasts on Thursday, saying chip shortages and other Covid disruptions would hit sales volumes but that it would fight back through "strict financial discipline".

AFP

Japan analysing previous aerial objects after China balloon

Tokyo (AFP) - Japan said Thursday it was coordinating with Washington as it analysed unidentified aerial objects spotted over the country in past years after US forces shot down an alleged Chinese surveillance balloon.

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AFP

Toyota keeps profit forecasts despite supply chain headwinds

Tokyo (AFP) - Japan's Toyota left its annual forecasts unchanged on Thursday despite ongoing disruption from the global chip shortage, as the cheaper yen offsets the impact of soaring materials prices.

AFP

Toyota third-quarter net profit drops but keeps full-year forecasts

Tokyo (AFP) - Japan's Toyota said Thursday its net profit for the third quarter fell eight percent, but it left its full-year forecasts unchanged as the cheaper yen offsets the impact of soaring materials prices.

Foreign Affairs

America Needs to Reassure Japan and South Korea

How to shore up Washington’s eroding credibility in Asia.

AFP

Philippines' Marcos in Tokyo to sign defence, infrastructure deals

Tokyo (AFP) - Philippine President Ferdinand Marcos will meet Japan's prime minister Thursday seeking to deepen ties, including with defence deals, in response to growing Chinese military pressure in the region.

France 24

Japanese company puts whale meat on sale in vending machines

Two vending machines selling whale meat were unveiled in Tokyo on January 24 as part of the whaling industry’s campaign to try and increase consumption, which is on the decline in Japan. However, animal rights defenders, including our Observers, are angry that whalers are back in Japanese waters after the…

The Independent UK

Tokyo Olympic official, 3 others held in bid-rigging probe

A senior official with the Tokyo Olympic organizing committee and three company executives have been arrested in an ongoing bid-rigging scandal related to the Games

AFP

Ex-Tokyo Olympics official held on alleged Games bid-rigging

Tokyo (AFP) - Japanese prosecutors on Wednesday arrested a former senior Tokyo Olympics official and three businessmen over alleged bid-rigging linked to the Games, the latest twist in a growing corruption scandal.

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