Major Japanese travel agency H.I.S. Co. has decided to move into agriculture to diversify its revenue sources after a tough period in which the coronavirus pandemic dealt a heavy blow to the tourism sector. H.I.S. Farmers Co., a wholly owned subsidiary…
S. Korea court orders sale of M’bishi Heavy patent for wartime labor
A district court in South Korea has ordered the sale of a patent held by Mitsubishi Heavy Industries Ltd. for forced wartime labor compensation to a Korean woman, a lawyer for the plaintiff said Monday. The order, dated April 29, comes on top of a simi…
CORRECTED: Japan energy giant Eneos to exit natural gas project in Myanmar
Japanese energy giant Eneos Holdings Inc. said Monday it will exit from a natural gas project in Myanmar due to political turmoil in the Southeast Asian country. Eneos’ subsidiary, JX Nippon Oil & Gas Exploration Corp., has a 40 percent stake in a Toky…
CORRECTION (:Eneos:)
In the story headlined “Japan energy giant Eneos to exit natural gas project in Myanmar,” please note the following CORRECTION. In 2nd and 3rd grafs, please read as follows. Eneos’ subsidiary, JX Nippon Oil & Gas Exploration Corp., has a 40 percent sta…
Japan, Thai PMs meet over Ukraine crisis, defense cooperation
Japanese Prime Minister Fumio Kishida and Thai Prime Minister Prayut Chan-o-cha met Monday to discuss the war in Ukraine and bolstering bilateral defense and economic cooperation. Russia’s invasion of its neighbor has been one of the major agenda items…
Japan energy giant Eneos to exit natural gas project in Myanmar
Japanese energy giant Eneos Holdings Inc. said Monday it will exit from a natural gas project in Myanmar due to political turmoil in the Southeast Asian country. Eneos said in a statement that its subsidiary JX Nippon Oil & Gas Exploration Corp. notifi…
Tokyo stocks lower in morning on Wall St. plunge, Fed meeting
Tokyo stocks were lower on Monday morning, tracking a plunge on Wall Street late last week as sentiment was pulled down on expectations that the U.S. central bank will take an aggressive stance in monetary tightening during its policy meeting later thi…
Soccer: Former Japan, Yugoslavia manager Osim dies at 80
Former Japan and Yugoslavia soccer national team manager Ivica Osim has died, Austrian club Sturm Graz, one of the clubs he piloted, said Sunday. He was 80. The Sarajevo-born former forward, who played for Yugoslavia at the 1964 Olympic Games, managed …
Tokyo stocks open flat on weak yen vs. dollar ahead of Fed meeting
Tokyo stocks opened nearly flat Monday as a weak yen against the dollar lifted export-oriented issues, while sentiment was weighed down by speculation over potential aggressive monetary tightening by the U.S. Federal Reserve ahead of the bank’s policy …
FOCUS: Japan to require listed firms to disclose female manager ratio
Japan has decided to require listed companies to disclose in their annual securities reports the ratio of women in management positions, in a bid to increase female leaders in the country’s male-dominated corporate world. The Financial Services Agency’…