Bilateral overview The Australia–Japan partnership is Australia’s closest and most mature in Asia and is fundamental to both countries’ strategic and economic interests. The relationship is underpinned by a shared commitment to democracy, human rights and the rule of law, as well as common approaches to international security. We also share deep and longstanding trade…
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Jan 19 (Reuters) – Japanese transportation company Kawasaki Kisen Kaisha (K Line) and Kansai Electric Power Co (KEPCO) have agreed to study marine transportation options for liquefied CO2 emitted by KEPCO’s plants, part of Japan’s goal to reach carbon neutrality by 2050.The memorandum of understanding (MoU) signed on Thursday would focus on options to ship…
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More than half of Japanese companies are planning to raise wages this year, according to a Reuters monthly poll, meeting a key request from Prime Minister Fumio Kishida to help workers cope with surging consumer prices. Kishida’s administration has repeatedly urged companies to make strong efforts to lift employee pay, which has failed to keep…
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Japan has reported a record-high trade deficit for 2022 of nearly 20 trillion yen, or $156 billion, as energy imports surgedTOKYO — Japan recorded a record high trade deficit for 2022 of 19.97 trillion yen ($156 billion) as energy imports surged, the Finance Ministry said Thursday. The deficit was the biggest since Japan began keeping…
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TOKYO — The Japanese government is set to decide Friday on whether to drop COVID-19 to its least serious category of infectious diseases this spring, Nikkei has learned.The reclassification, which would put it on par with seasonal flu, would lead to major changes in how Japan responds to COVID-19, including public assistance for health care…
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Japan posted its biggest annual trade deficit since record keeping began in 2022, as soaring prices for energy and raw material prices were further inflated by a weaker yen, the government said in a report on Thursday. According to the Finance Ministry, the country logged a 19.97 trillion yen ($155 billion) deficit for 2022 –…
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Seiji Watanabe’s enchantment with the dynamism of stock trading helped him rise to a senior position at Nomura Securities, Japan’s biggest securities house, overseeing sales of Japanese equities to institutional investors. His deep knowledge of Japanese stocks even made him a go-to person for many money managers worldwide seeking advice on investing in companies such…
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TOKYO — The Japanese government is set to decide Friday on whether to drop COVID-19 to its least serious category of infectious diseases this spring, Nikkei has learned.The reclassification, which would put it on par with seasonal flu, would lead to major changes in how Japan responds to COVID-19, including public assistance for health care…
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By AFP TOKYO: Japan logged its largest-ever annual trade deficit last year, with the soaring price of energy and raw materials compounded by the dramatic fall of the yen. The resource-poor country is heavily dependent on imported fossil fuels, which became sharply more expensive last year, largely due to Russia’s invasion of Ukraine. In 2022,…
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Dec exports rise 11.5% vs forecast +10.1%Imports up +20.6% vs forecast 22.4%Dec trade deficit 1.45 trln yen, 17th monthly deficit in a rowExports to China fall 6.2% from year ago, down 24% by volumeExports to United States rise 16.9% from year agoTOKYO, Jan 19 (Reuters) – Japan’s export growth slowed sharply in December as China-bound…
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