The Cabinet approved Thursday a plan to use 1.51 trillion yen ($11.7 billion) from reserve funds for fiscal 2022 to partly finance Japan’s economic package to help ease the impact on households and smaller companies from rising prices. Prime Minister F…
Soccer: Japan to play Brazil in World Cup warmup in June
Japan will play Brazil at Tokyo’s National Stadium on June 6 in preparation for this year’s World Cup in Qatar, the Japan Football Association said Wednesday. The friendly against the five-time World Cup winners, currently No. 1 in world, will be one o…
URGENT: Toyota FY 2021 domestic output at lowest in nearly half a century
Toyota Motor Corp. said Wednesday its domestic output in fiscal 2021 fell 5.4 percent from the previous year to 2,760,843 units, its lowest in 45 years, due to supply chain disruptions amid the coronavirus pandemic. For the global market, the Japanese …
Main events scheduled for Thursday, April 28
Main events scheduled in Japan for Thursday, April 28: — German Chancellor Olaf Scholz to visit Japan through April 29. — Bank of Japan Governor Haruhiko Kuroda to hold press conference. — Preliminary industrial production indexes for March and fisc…
Tokyo stocks sink in morning on fears of further lockdowns in China
Tokyo stocks fell sharply Wednesday morning, with the Nikkei index briefly dropping more than 2 percent, stirred by concern over the possibility of additional COVID-19 lockdowns in China and the impact on the global economy. The 225-issue Nikkei Stock …
Tokyo stocks open sharply lower on worries over COVID surge in China
Tokyo stocks opened sharply lower Wednesday, with the Nikkei index falling more than 2 percent, stirred by concern over the possibility of additional COVID-19 lockdowns in China and the impact on the global economy. In the first 15 minutes of trading, …
Basketball: Record-setting Machida looking forward to WNBA debut
Having etched her name in the record books last summer at the Tokyo Olympics, point guard Rui Machida is preparing to make her mark among the elite of women’s professional basketball as a member of the WNBA’s Washington Mystics. The 29-year-old, who di…
Japan eyes 6.2 tril. yen package to soften impact of Ukraine war
Japan is set to decide Tuesday on a 6.2 trillion yen ($48 billion) emergency economic package to mitigate the impact on households and smaller firms of rising prices, partly blamed on Russia’s invasion of Ukraine. The key features of the package includ…
Tokyo stocks open flat on China lockdown fears, crude oil drop
Tokyo stocks opened nearly flat Tuesday as possible further COVID-19 lockdowns in China raised fears over their impact on the global economy, while an overnight slump in crude oil futures eased concerns over inflation. In the first 15 minutes of tradin…
U.S. to return diplomats to Ukraine, says Russia “failed” in war
Secretary of State Antony Blinken said Monday the U.S. government will return its diplomats to Ukraine starting this week with a new ambassador set to be nominated for the post, while assessing that Russia has “failed” in its war against the East Europ…