Latest Tokyo News

Stocks fall sharply as Target's woes renew inflation fears

May. 18, 2022 19:47 PM EDT

NEW YORK (AP) — The Dow Jones Industrial Average sank more than 1,100 points and the S&P 500 had its biggest drop in nearly two years Wednesday, as big earnings misses by Target and other major retailers stoked investors' fears that surging inflation could cut deeply into corporate profits. ...

China blasts US, Japan rhetoric ahead of Quad summit

May. 18, 2022 11:07 AM EDT

BEIJING (AP) — Chinese Foreign Minister Wang Yi criticized on Wednesday what he called negative moves by Washington and Tokyo against Beijing ahead of a meeting in Tokyo next week of the leaders of the U.S., Japan, Australia and India. "What arouses attention and vigilance is the...

Australian leader won't say who might attend Tokyo summit

May. 18, 2022 04:13 AM EDT

CANBERRA, Australia (AP) — Australia’s opposition leader Anthony Albanese said Wednesday that he will begin rebuilding trust in his nation if he wins weekend elections and attends a summit with U.S., Indian and Japanese leaders in Tokyo just three days later. Albanese said he...

Asia stocks mixed after Wall St gain, Powell warns on rates

May. 17, 2022 23:33 PM EDT

BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street rose and the Federal Reserve's chairman said it will raise interest rates further if needed to cool inflation. Shanghai and Hong Kong declined. Tokyo and Seoul advanced. Oil prices rose to stay above $110 per...

Okinawa marks 50 years of end to US rule amid protests

May. 15, 2022 07:59 AM EDT

TOKYO (AP) — Okinawa Governor Denny Tamaki on Sunday urged Japan's central government to do more to reduce the U.S. military presence in the southern island group as it marked the 50th anniversary of its return to Japan after 27 years of American rule, amid frustration and bitterness over a lack...

EXPLAINER: Why frustration lingers in Okinawa 50 years later

May. 13, 2022 22:11 PM EDT

TOKYO (AP) — Okinawa on Sunday marks the 50th anniversary of its return to Japan on May 15, 1972, which ended 27 years of U.S. rule after one of the bloodiest battles of World War II was fought on the southern Japanese island. The day is being marked with more bitterness than joy...

Japan's Honda sees profit slide on chips, material cost woes

May. 13, 2022 05:41 AM EDT

TOKYO (AP) — Honda’s fiscal fourth quarter profit slipped to almost half of what the Japanese automaker earned the previous year as it endured supply shortages and rising raw materials costs. Tokyo-based Honda Motor Co. reported Friday that its profit was 124.8 billion yen ($967...

Japan, EU agree to raise efforts on Russia, in Indo-Pacific

May. 12, 2022 03:02 AM EDT

TOKYO (AP) — Japan and the European Union on Thursday agreed to step up their sanctions against Russia as leaders from the two sides raised concerns about the war’s impact in the Indo-Pacific, where they seek to strengthen their partnership and increase engagement amid China's growing...

Japanese writer who documented WWII Tokyo firebombing dies

May. 11, 2022 11:31 AM EDT

TOKYO (AP) — Katsumoto Saotome, a Japanese writer who gathered the accounts of survivors of the U.S. firebombing of Tokyo in World War II to raise awareness of the massive civilian deaths and the importance of peace, has died. He was 90. One of his publishers, Iwanami Shoten,...

Wenders making a film about fancy public restrooms in Japan

May. 11, 2022 10:50 AM EDT

TOKYO (AP) — Wim Wenders is making a film about high-end public toilets in Japan that will have what the renowned German director calls “social meaning” about people in modern cities. “My first reaction was, I must admit: What? Toilets? Chotto mattene,” he said Wednesday,...