Latest Japan News

Stock market today: Asian shares trade higher after Wall St rally takes S&P 500 near record

May. 10, 2024 02:09 AM EDT

TOKYO (AP) — Stocks in Asia traded higher Friday after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. Benchmarks rose in Tokyo, Seoul, Sydney and China, where investors were focused on the release of April inflation figures. In...

Stock market today: Asian shares are mixed after Wall St rally takes S&P 500 near record

May. 09, 2024 23:05 PM EDT

TOKYO (AP) — Stocks in Asia were mixed Friday after a rally on Wall Street that pulled the S&P 500 back within 1% of its record. Benchmarks fell in Tokyo, Sydney and Seoul but rose in China, where investors were focused on the release of April inflation figures. ...

Japan proposes expanding commercial whaling to fin whales, a larger species than the 3 allowed now

May. 09, 2024 21:24 PM EDT

TOKYO (AP) — Japan's Fisheries Agency has proposed expanding commercial whaling along the country’s coast to fin whales, a larger species than the three currently permitted. The proposal comes five years after Japan resumed commercial whaling within its exclusive economic zone...

Bread loaves recalled in Japan after 'rat remains' were found

May. 09, 2024 11:22 AM EDT

TOKYO (AP) — Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found. Production of the bread was halted at a Tokyo factory, with 104,000 packages being recalled, according to Pasco Shikishima Corp. ...

Japanese automaker Nissan reports 92% jump in profit as sales surge

May. 09, 2024 05:36 AM EDT

TOKYO (AP) — Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said Thursday. Annual sales surged nearly 20% to 12.7 trillion yen ($81.5 billion), Nissan...

Toyota racks up booming profit, vows to invest to keep growth going

May. 08, 2024 02:50 AM EDT

TOKYO (AP) — Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker. Toyota Motor Corp.'s annual profit totaled 4.9 trillion yen ($31.9 billion), up from 2.45 trillion...

Juro Kara, rebel playwright behind Japan's modern underground theater, dies at 84

May. 04, 2024 22:30 PM EDT

TOKYO (AP) — Juro Kara, who helped shape Japan’s postwar avant-garde theater, defiantly yet playfully transforming the essence of Kabuki aesthetics into modern storytelling, has died. He was 84. The playwright, director and troupe leader died late Saturday from a blood clot in...

Japan and India reject Biden's comments describing them as xenophobic countries

May. 04, 2024 16:41 PM EDT

TOKYO (AP) — Japan and India on Saturday decried remarks by U.S. President Joe Biden describing them as “xenophobic” countries that do not welcome immigrants, which the president said during a campaign fundraising event earlier in the week. Japan said Biden's judgment was not...

Nippon Steel delays closing of acquisition of US Steel until late this year after US DOJ request

May. 03, 2024 10:16 AM EDT

TOKYO (AP) — Nippon Steel said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S. Department of Justice requested more documentation related to the deal. Tokyo-based Nippon Steel Corp. said the deal, already...

President Joe Biden calls Japan and India 'xenophobic' nations that do not welcome immigrants

May. 02, 2024 16:06 PM EDT

WASHINGTON (AP) — President Joe Biden has called Japan and India “xenophobic” countries that do not welcome immigrants, lumping the two with adversaries China and Russia as he tried to explain their economic circumstances and contrasted the four with the U.S. on immigration. ...