Japan raises interest rates for first time in 17 years
TOKYO: The Bank of Japan (BOJ) ended eight years of negative interest rate on Tuesday, making a historic shift away from its focus on reflating growth with decades of massive monetary…
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Japanese firm Space One’s Kairos rocket explodes on inaugural flight
TOKYO: Kairos, a small, solid-fuel rocket made by Japan's Space One, exploded just seconds into its inaugural launch as the firm tried to become the first Japanese company to put a satellite…
Japan’s stock reach record high, crossing 1989 peak level
TOKYO: Japanese stocks raced to a record peak on Thursday, breaking levels last seen in 1989 during the halcyon days of the bubble economy, as cheap valuations and corporate reforms lure…
Germany becomes world’s third-biggest economy as Japan slips into recession
TOKYO: Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world's third-biggest economy to Germany and raising doubts about when the central bank…
Two aircraft clip wings at Japan airport, no injuries
TOKYO: Two aircraft belonging to Korean Air Lines and Cathay Pacific Airways clipped wings at New Chitose Airport on Japan's northern island of Hokkaido on Tuesday amid wintry conditions, a…
Massive earthquake strikes Japan, triggering tsunami warning
TOKYO: A massive earthquake with a preliminary magnitude of 7.6 hit central Japan on Monday, triggering a tsunami warning and advisories for residents to evacuate.
A tsunami around 1…
Biden snubs China, invites Taiwan to democracy summit
REUTERS: US President Joe Biden may have taken tensions with China to a new level altogether by snubbing Beijing and instead, inviting Taiwan to a deomcracy summit.
The first-of-its-kind…
G7 rivals China’s belt and road with grand infrastructure plan
The Group of Seven richest democracies on Saturday (Jun 12) sought to counter China's growing influence by offering developing nations an infrastructure plan that would rival President Xi…
Japan set to ban sales of new petrol cars in mid-2030s: reports
Japan wants to ban sales of new petrol cars in around 15 years' time as part of efforts to reach carbon neutrality by 2050, reports said Thursday.
The new policy could be announced as…
Japan residents to get free Covid-19 vaccine
Japan will give free coronavirus vaccines to all of its residents under a bill passed Wednesday, as the nation battles record numbers of daily cases.
The bill, which says the government…
WHO warns 2 million virus deaths possible
Coronavirus deaths could more than double to two million without collective action against the pandemic, the World Health Organization has warned, as Australia's prime minister urged any…
At least 44 die in Japan as rain wreaks havoc in country
REUTERS: Torrential rain hit Japan’s southwestern island of Kyushu on Monday, with at least one more river bursting its banks, as the death toll from three days of floods and mudslides rose…
Japan to ‘scrap’ Olympic Games if not held next year: Mori
Tokyo 2020 president Yoshiro Mori said that the Olympic Games, already postponed to 2021, would be “scrapped” if they could not take place then, according to an interview published on…
Japan agrees to provide $5 million for Pakistan’s agri-food development
ISLAMABAD: Japan on Monday announced grant aid worth around 560 million Japanese Yen (approximately USD 5 million) to United Nations Industrial Development Organization (UNIDO) to support…
Pakistan and Japan officials signed a Memorandum of Cooperation (MoC)
ISLAMABAD: Pakistan and Japan officials signed a Memorandum of Cooperation (MoC) on Technical Intern Training Programme (TITP) in a bid to export manpower to Japan.
Asia Pacific Special…