Questions loom for Nissan with former chairman Ghosn gone

Business 05/12/19, 23:20

Nissan is seeing sales and profits tumble, as its once revered former chairman, Carlos Ghosn, awaits trial on charges of financial misconduct.Nissan Motor Co. says it is beefing up corporate governance and sticking with its alliance with French partner Renault SA and smaller Japanese automaker Mitsubishi Motors Corp. That's critical ...

Update: Japan hoping for end to China-US trade dispute

Politics 05/10/19, 04:44

The Latest on the tariffs standoff between the United States and China as trade talks are underway in Washington (all times local): 4:40 p.m. In Tokyo, Deputy Chief Cabinet Secretary Kotaro Nogami has told reporters that Japan hopes the U.S. and China will resolve their trade disputes through dialogue. He said an ...

Asia shares mostly gain, Shanghai up 3% after US tariff hike

Business 05/10/19, 02:44

Shares were mostly higher in Asia on Friday in volatile trading, with mainland Chinese stocks bouncing more than 3% as regulators apparently stepped in to support the markets. The Shanghai Composite index surged 3.1% to 2,939.21 while the A-share index in the smaller market of Shenzhen jumped 3.8%. Traders said Chinese ...

Japan coach Takakura goes with youth for women’s World Cup

Soccer 05/10/19, 02:38

Japan head coach Asako Takakura named her World Cup squad, going with a youthful team as the country aims to regain its winning form.Forwards Jun Endo, 18, and 19-year-old Riko Ueki were among 23 players named on Friday. Veteran forward Mana Iwabuchi was also chosen.Japan won the World Cup in ...

Reports: Court denies Ghosn appeal on no contact with wife

Business 05/09/19, 06:57

A Japanese court has rejected an appeal from the lawyers of Nissan's former chairman Carlos Ghosn over bail conditions that forbid him to contact his wife, as a prosecutor defended the restriction as needed to prevent evidence tampering.The Kyodo News service reported Thursday the Tokyo District Court rejected the appeal ...

Olympic ticket lottery opens in Japan; foreign sales June 15

Sports 05/09/19, 02:57

Residents of Japan began entering a ticket lottery on Thursday, hoping to land seats for next year's Tokyo Olympics.People overseas will have to wait until June 15 when tickets are put on sale by special distributors in each country — known as Authorized Ticket Resellers.Buying for Japan residents is straightforward. ...

SoftBank profits rise, party on gains from Saudi-tied fund

Business 05/09/19, 01:53

Japanese internet company SoftBank has reported a 36% increase in profit for the fiscal year through March from the previous fiscal year, partly on gains from its Vision Fund.After the killing of Saudi journalist Jamal Khashoggi, SoftBank has said it will diversify its funding source for investments. Much of the ...

Asian shares mostly lower amid jitters ahead of trade talks

Business 05/09/19, 01:21

Share sank in Asia Thursday as investors fretted over trade tensions between the U.S. and China. Hong Kong's Hang Seng index skidded 1.8% to 28,482.09 and Japan's benchmark Nikkei 225 slipped 0.9% to 21,402.13. Australia's S&P/ASX 200 gained 0.3% to 6,290.40. South Korea's Kospi dropped 2.6% to 2,111.38. The Shanghai Composite ...

Toyota, Panasonic form joint venture in housing for Japan

Business 05/08/19, 23:53

Japanese automaker Toyota and electronics giant Panasonic are forming a joint venture combining their housing businesses in Japan to showcase technologies such as connected cars and the internet of things.Toyota Motor Corp., which offers housing as well as vehicles in Japan, said the new company will offer homes showcasing those ...

Toyota sees slight quarterly profit fall, projects recovery

Business 05/08/19, 01:19

Japan's top automaker Toyota said Wednesday its profit for January-March fell 4% as vehicle sales lagged in North America.Toyota Motor Corp. recorded a quarterly profit of 459.5 billion yen, or $4.2 billion, down from 480.8 billion yen in the same period the previous year. Quarterly sales rose 2% to 7.75 ...

USS Missouri undergoes restoration ahead of war anniversary

U.S. 05/06/19, 18:03

A section of the USS Missouri is being repaired as part of a $3 million restoration project to address rust and other deterioration on the Pearl Harbor memorial ahead of the 75th anniversary of the end of World War II.The 887-foot (270-meter) Missouri was the site of Japan's unconditional surrender ...

Asian markets plunge after Trump threatens China tariff hike

Business 05/05/19, 23:36

Shares tumbled in Asia early Monday after President Donald Trump threatened to impose more tariffs on China, spooking investors who had been expecting good news this week on trade. The Shanghai Composite index plunged 5.2% to 2,918.65, and the Hang Seng in Hong Kong sank 3.4% to 29,060.87. The future contract ...

Update: White House monitoring N. Korean missiles launch

Politics 05/03/19, 21:47

The Latest on North Korea test firing short-range missiles (all times local): 11:45 a.m. The White House says it is monitoring North Korean short-range missile launches. In a terse statement, Press Secretary Sarah Sanders says, "We are aware of North Korea's actions tonight. We will continue to monitor as necessary." South Korea's Joint Chiefs ...

Photos: Editor selections from the past week in Asia

Asia & Pacific 05/02/19, 21:51

Emperor Naruhito succeeded to the Chrysanthemum Throne after his father Akihito abdicated in a series of rituals and ceremonies in Japan.In other images from the Asia-Pacific region this week, workers marked May Day with rallies in cities and by demanding better working conditions.Thailand is preparing for the coronation of King ...

Photos: Japan witnesses rare imperial abdication

World 05/01/19, 06:17

Japan has witnessed a rare handover of its Chrysanthemum Throne by a living emperor.New Emperor Naruhito ascended the throne on Wednesday after his father Akihito abdicated Tuesday night and became emperor emeritus. It was Japan's first abdication in two centuries.The transition started Tuesday as Akihito, wearing a monarch's dark orange ...

Update: Emperor Naruhito inherits Imperial regalia

Asia & Pacific 04/30/19, 20:49

The Latest on Emperor Naruhito's succession (all times local):10:30 a.m.Japan's new Emperor Naruhito has inherited the Imperial regalia of sword and jewel and seals as proof of succession in his first official duty as emperor.People celebrate as the countdown to new Emperor Naruhito's era of Reiwa, start, a few minutes ...

Emperor Naruhito takes throne day after his father abdicates

Asia & Pacific 04/30/19, 19:31

Japan's new Emperor Naruhito will perform his first ritual hours after succeeding his father on the Chrysanthemum Throne. Naruhito will receive the Imperial regalia of sword and jewel as proof of succession at the ceremony Wednesday and later will make his first address. His wife, Empress Masako, a Harvard-educated former diplomat, and ...

Akihito begins abdication rituals as Japan marks end of era

Asia & Pacific 04/29/19, 21:01

Emperor Akihito began his abdication rituals at a Shinto shrine Tuesday morning as Japan embraces the end of his reign with reminiscence and hope for a new era.Television images showed Akihito in a traditional robe entering the main Shrine of Kashikodokoro to report his retirement to the gods. The shine ...

Analysis: New Japanese emperor looks to match father

Asia & Pacific 04/29/19, 19:58

When Crown Prince Naruhito on Wednesday becomes, by official Japanese count, the 126th person to occupy the Chrysanthemum Throne since 660 B.C., he will be ceremonially armed with the glittering, ancient imperial regalia of sword and jewel.Beyond the material trappings that accompany what the Japanese claim to be the world's ...

Succession this week will shrink Japan’s imperial heirs to 2

World 04/28/19, 21:57

Japan's imperial family is relatively small and will shrink further in the coming years. Only one of Emperor Akihito's four grandchildren is a male who can ascend to the throne. The three princesses likely will lose their royal status eventually, since they are required to do so if they marry ...

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