Latest Japan News

Asian stocks mixed as Wall Street ends 5-day winning streak

Jul. 16, 2019 11:22 PM EDT

TOKYO (AP) — Asian stocks were mixed Wednesday as Wall Street ended a five-day winning streak after the first big round of corporate earnings reports. Japan's benchmark Nikkei 225 dipped 0.4% to 21,445.03 in morning trading. Australia's S&P/ASX 200 added 0.4% to 6,667.60. South Korea's Kospi dipped...

Ambassador to resign to run for Tennessee US Senate seat

Jul. 16, 2019 12:18 PM EDT

NASHVILLE, Tenn. (AP) — U.S. Ambassador to Japan Bill Hagerty is currently in the process of resigning his position as he prepares to run for Tennessee's open U.S. Senate seat. State Department officials announced on Tuesday that the 59-year-old Republican will resign later this month. He has served in the...

Former Mitsubishi workers seek assets sale for forced labor

Jul. 16, 2019 11:50 AM EDT

SEOUL, South Korea (AP) — Colonial-era Korean workers want a court to allow the sale of assets of their former Japanese employer so they can be compensated for forced labor decades ago. The development comes as South Korea and Japan spar over historical issues and a decision by Tokyo to tighten controls on...

Global shares edge up on upbeat US earnings reports

Jul. 16, 2019 8:34 AM EDT

TOKYO (AP) — Global stock markets were mostly higher on Tuesday after several major U.S. companies reported quarterly earnings that were better than expected. France's CAC 40 was up 0.6% to 5,611, while Germany's DAX was 0.4% higher at 12,432. Britain's FTSE 100 gained 0.5% to 7,566. U.S. shares looked set...

Asian shares mixed in lackluster trading, Nikkei falls 0.6%

Jul. 16, 2019 12:00 AM EDT

TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchmark Nikkei 225 lost 0.6% in early trading to 21,549.68. Australia's S&P/ASX 200 edged 0.1% higher to 6,657.20. South...

Maryland renews MOU with Japanese region on life sciences

Jul. 15, 2019 2:08 PM EDT

ANNAPOLIS, Md. (AP) — Maryland Gov. Larry Hogan has renewed an agreement with a jurisdiction in Japan that is designed to advance life sciences. Hogan signed a new memorandum of understanding on Monday in Annapolis, Maryland, with Gov. Yuji Kuroiwa of Kanagawa Prefecture, Japan. Hogan says renewing the...

SKorea leader says Tokyo's trade curbs will hurt Japan more

Jul. 15, 2019 5:48 AM EDT

SEOUL, South Korea (AP) — In his strongest comments yet on a growing trade dispute, South Korea's president urged Japan on Monday to lift recently tightened controls on high-tech exports to South Korea, which he said threaten to shatter the countries' economic cooperation and could damage Japan more than...

S. Korea, Japan fail to resolve growing trade dispute

Jul. 12, 2019 9:09 PM EDT

SEOUL, South Korea (AP) — South Korea and Japan on Friday failed to immediately resolve their dispute over Japanese export restrictions that could hurt South Korean technology companies, as Seoul called for an investigation by the United Nations or another international body. Tokyo last week tightened the...

China imports from US plunge 31% in June amid tariff war

Jul. 12, 2019 11:28 AM EDT

BEIJING (AP) — China's trade with the United States plunged last month as a tariff war battered exporters on both sides of the Pacific Ocean. And there's no letup in sight: Tensions between the world's two biggest economies continue to simmer even though President Donald Trump and his Chinese counterpart,...

The Latest: Japan blames S.Korea export control 'weaknesses'

Jul. 12, 2019 10:41 AM EDT

SEOUL, South Korea (AP) — The Latest on a trade spat between South Korea and Japan (all times local): 9:40 p.m. A Japanese trade ministry official says restrictions imposed by Japan on high-tech exports to South Korea were prompted by a review of trade policy, and are not related to a growing diplomatic...