Japan’s Newfound Love of M&A Makes for Strange Bedfellows
From Nissan to Seven & i, Japan’s landscape for deals is making for some once-unthinkable alliances. But not every deal should be welcomed. Key Points
mintEarthquake of magnitude 6.9 hits southern Japan, tsunami warning issued
A powerful earthquake measuring magnitude 6.9 struck southern Japan on Thursday. A tsunami advisory has been issued | World News Key Points
Hindustan TimesBiden calls US ally Japan ‘xenophobic’ along with India, Russia and China
President Joe Biden on Wednesday called close US ally Japan “xenophobic” at a Washington, D.C., fundraiser, just weeks after lauding the US-Japan alliance at a state dinner. Key Points
CNNAmid Tsunami threat, Japan issues evacuation advisory for coastal areas
Japan's Southern Prefecture of Okinawa declares a tsunami evacuation advisory following a 7.5 magnitude earthquake near Taiwan, the deadliest in eight years, posing potential waves of up to three meters. Key Points
Business TodayAnxiety grips China as Japan strengthens defence capabilities & outreach
China expresses grave concerns over Japan's advanced fighter jets developed with Italy and the UK. Japan strengthens defence ties with Indonesia, Philippines, Vietnam, and Malaysia, holding a trilateral summit in Washington DC to bolster security arrangements in the Indo-Pacific region. Key Points
Economic Times
Why is Japan changing its ban on exporting lethal weapons, and why is it so controversial?
Japan's Cabinet approved selling future fighter jets to other countries, marking a shift from its pacifist principles. The decision aims to boost Japan's arms industry and global influence. The new fighter jet, developed with Italy and the U.K., will enhance Japan's defense capabilities. The move is influenced by regional tensions and aims to strengthen Japan's military role. Key Points
Economic TimesBank of Japan ends negative rates, closing era of radical policy
The Bank of Japan ends 8 years of negative interest rates, making a historic shift with the first rate hike in 17 years. This move keeps rates around zero due to a fragile economic recovery. Key Points
Economic TimesJapan Q4 GDP revised up to slight expansion, economy avoids recession
Japan's economy evades technical recession, with revised GDP data showing an expansion of 0.4% in Q4 2020, contrary to initial estimates of a 0.4% contraction. Key Points
Business TodayWhy is Japan grappling with record-low birth rates? Here’s what the govt said
Japan faces a significant demographic challenge, with the country's birth rate hitting a record low for the eighth consecutive year. The most recent data from the Health and Welfare Ministry reveals a troubling decline. Key Points
Economic TimesJapan's new birth rate hits all-time low in 2023 as demographic woes deepen
The data revealed a 5.1% decline in the number of births from the previous year, reaching 758,631. Key Points
Business Today
Japan slips into recession; now becomes 4th largest economy, falls behind Germany
Japan's economy is now the world's fourth-largest after it contracted in the last quarter of 2023 and fell... Key Points
The Tribune IndiaGermany overtakes Japan as third-biggest economy
Japan, once poised to become the world's largest economy, fell to fourth place behind Germany last year, according to official data released Thursday. Despite Japan's nominal GDP growing by 1.9% in 2023 to $4.2 trillion, a sharp decline in the yen's value against the dollar played a significant role in this shift. Key Points
Economic TimesJapan loses its spot as world's third-largest economy as it slips into recession
The country fell from the second-ranked economy behind the U.S. to the third-largest in 2010 as China's economy grew. Key Points
Business TodayJapan's economy slips into recession, raises BOJ policy uncertainty
Japan's economy slipped into recession on weak domestic demand, raising uncertainty about the central bank's plans. Japan lost its title as the world's third-largest economy. BOJ may sharply downgrade GDP forecasts. Takuji Aida expects further contraction. Reuters poll suggests April for ending negative rates. Marcel Thieliant predicts sluggish growth at BOJ's upcoming meeting in March. Key Points
Economic TimesEarthquake of 6.0 magnitude strikes off central Japan, no tsunami warning issued
A magnitude 6.0 earthquake off central Japan caused strong shaking on Tuesday, but no tsunami warning was issued. Key Points
mint
Japan earthquake: What caused the deadly tremors and the scary aftershocks?
On January 1, the west coast of Japan was struck by a massive magnitude-7.6 earthquake near the Noto Peninsula in Ishikawa prefecture, the strongest quake to hit the area in over a century. Key Points
India TodayChinese TV host mocks earthquake-hit Japan: ‘They should do some deeds less’
Xiao Chenghao, an anchor with the regional Hainan Broadcasting Group, posted a video titled “A comeuppance arrived? A 7.4-magnitude earthquake hit Japan”. | World News Key Points
Hindustan TimesJapan earthquake toll rises to 62, officials warn of landslides, heavy rain
The death toll in the powerful 7.6 magnitude earthquake that struck Japan's Ishikawa prefecture on Monday rose to 62 with more than 300 injured. While rescue operations are still ongoing, the Japan Meteorological Agency (JMA) issued a heavy rain warning in the area. Key Points
India TodayAustralians on board Japan Airlines plane are 'safe,' says PM Albanese
There were 12 Australians on the Japan Airlines flight. All of them are safe. And all of them have been accounted for, PM Albanese said in a post on X. | World News Key Points
Hindustan TimesJapan earthquake toll rises to 57, rescuers battle aftershocks, poor weather
Japan earthquake: Over 20 people are reported to be seriously injured. Many are still feared trapped under collapsed buildings. | World News Key Points
Hindustan Times
Japan's powerful earthquake may have shifted land by 1.3 metres because…
Japan Earthquake: The 7.5 magnitude temblor rattled Ishikawa prefecture on the main island of Honshu and triggered tsunami waves more than a metre high. | World News Key Points
Hindustan TimesJr NTR ‘deeply shocked’ on his return from Japan as it gets hit by earthquake
Jr NTR has just returned from Japan after spending the entire week there. He is currently working on his next, Devara. Key Points
Hindustan TimesA list of powerful earthquakes that hit Japan in last 30 years
At least eight people were killed, several others were injured, and several properties were damaged after a series of strong earthquakes jolted Japan on the first day of 2024. Here's a list of major earthquakes that hit Japan after the 1995 Kobe disaster. Key Points
India TodayAt least 8 killed after multiple earthquakes hit Japan on New Year's Day
At least 8 people have been killed in a series of earthquakes that hit Japan on the first day of 2024, causing tsunami waves as high as five feet. Nearly 33,000 households remain without power and several major highways of the island country are non-operational. Key Points
India TodayJapan earthquake: Six deaths confirmed, authorities warn of possible further quakes | 10 updates
7.5 magnitude earthquake strikes Ishikawa prefecture, causing damage and power outages .Japan Meteorological Agency warns of possible further quakes in the coming week Key Points
mint
7.6-magnitude earthquake hits Japan; tsunami warning issued: Top updates
Japan earthquake: An earthquake of magnitude 7.6 hit Japan, prompting authorities to issue a tsunami warning. Reports of damage were not immediately available. | World News Key Points
Hindustan TimesJapan earthquake: Japan hit by 21 quakes of above 4 on Richter scale, 36,000 homes without power
Tsunami waves struck Japan's coastal regions after a series of strong earthquakes on its western coastline on Monday. People have been ordered to evacuate following a total of 21 quakes with a magnitude above 4.0 hitting the country. Key Points
India TodayMassive 7.6 magnitude earthquake triggers 1 metre wave along parts of Sea of Japan coast
Japan Meteorological Agency issues tsunami warnings for coastal prefectures of Ishikawa, Niigata & Toyama, evacuations are underway. Russia, too, issues tsunami warnings in eastern cities. Key Points
ThePrint21 quakes above 4 magnitude jolt Japan, tsunami waves strike west coast; 33,500 households without power
This is the first time the "major tsunami warning" has been issued since the 2011 earthquake in northeastern Japan. The warning is issued when a tsunami of 3 meters or more is expected. Key Points
Business Today7.6-magnitude earthquake in Japan triggers 15-feet major tsunami warning
According to Japanese news outlet NHK, waves of up to 5m (15ft) are expected to hit off the coast of Noto Peninsula in Ishikawa Prefecture. Tremors of the quake, which struck on New Year's Day, were felt in Tokyo and Kanto areas. Key Points
Business Today
Tsunami hits Japan after powerful earthquake, residents told to move
The Japan Meteorological Agency promptly issued a tsunami warning for coastal regions in Ishikawa, Niigata, and Toyama prefectures. The warning underscores the potential impact of the earthquake on these areas, urging residents to take immediate precautions and move to higher ground to ensure their safety. Key Points
Economic TimesHarsh Goenka impressed by iPhone store in Japan, calls their culture ‘finest’
Harsh Goenka shared a video of an iPhone store in Japan that impressed him. Here's what he said about it. | Trending Key Points
Hindustan TimesJapan okays record $56 billion military budget amid China, North Korea tensions
Japan's 7.95 trillion-yen ($56 billion) defence budget for the 2024 fiscal year was approved as the country accelerates the deployment of long-range cruise missiles that can hit targets in China or North Korea. Key Points
India TodayAntony Blinken says US-India partnership deepened, cooperation elevated through Quad
The Quad is a diplomatic network between Australia, India, Japan and the US. Blinken also said US partnerships in the Indo-Pacific have never been stronger. Key Points
ThePrintJapanese tech lobby warns against EU cybersecurity labelling scheme
Lobby group Japan Association of New Economy has joined U.S. Big Tech to warn against proposed EU cybersecurity labelling rules that they said could hamper their access to the bloc's markets, according to a letter sent to the EU industry chief. Key Points
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Nvidia CEO says he will try to prioritise Japan for AI processors
Nvidia (NVDA.O) CEO Jensen Huang said on Monday his company would do its best to supply its artificial intelligence processors to Japan amid extremely high market demand. Key Points
ReutersUS approves long-range missile deal with Japan amid China's growing military clout
The US has approved a $2.35 billion sale of 400 Tomahawk missiles to Japan, as Tokyo seeks to bolster its defenses in the face of China's growing military prowess. Key Points
India TodayNew island emerges as volcano erupts off Japan
Tokyo: An undersea volcano erupted off Japan three weeks ago, providing a rare view of the birth of a tiny new island, but experts say it may not last very long. Located about 1 km off the southern coast of Iwo Jima, which Japan calls Ioto, started its eruptions on October 21. By early November, it Key Points
The Tribune IndiaBlackstone sees most Asia deal activity in India, Japan in 2024
Blackstone foresees India and Japan as its primary Asian markets in the coming year for capital allocation. The worlds largest alternative asset manager recently acquired a stake in two hospital chains in India. As for Japan, Blackstone is open to do deals in Japan that are anywhere from $300 million to more than $2 billion, and in sectors like IT, healthcare and consumer. Key Points
Economic TimesTaiwan's Powerchip chooses northern Japan for planned $5.4 bln fab
Taiwanese chipmaker Powerchip Semiconductor Manufacturing Corp (6770.TW) and Japanese financial firm SBI Holdings (8473.T) said on Tuesday they have selected Miyagi prefecture in northern Japan as the location for a $5.4 billion planned foundry. Key Points
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Japan's Nomura Q2 net profit doubles on solid domestic businesses
Nomura Holdings (8604.T), Japan's biggest brokerage and investment bank, on Friday reported second-quarter net profit doubled, driven by a surge in equity offerings in a strong domestic stock market. Key Points
ReutersYouTubers create ruckus in Japan. Here's what has happened
Japan is witnessing a number YouTubers creating ruckus on the streets. Their acts have enraged a section of netizens and commoners. Key Points
Economic TimesBCIC signs up with Japan's SME organisation to step up manufacturing share to India's GDP
The Bangalore Chamber of Industry and Commerce (BCIC) has signed a memorandum of understanding (MoU) with The Organization for Small & Medium Enterprises and Regional Innovation, Japan (SMRJ). The MoU aims to support enterprises in India and Japan in expanding their businesses globally, exchanging information on trade and investment policies, and providing opportunities for SMEs and start-ups in both countries. Key Points
Economic TimesTaiwan's Powerchip considering 5 sites in Japan for $5.4 bln factory - sources
Taiwan chipmaker Powerchip Semiconductor Manufacturing Corp (6770.TW) is considering around five sites in Japan, including Mie prefecture, for setting up a potential $5.4 billion factory as talks on subsidies progress, sources said. Key Points
ReutersExclusive: Mitsubishi Corp considering bid for Fujitsu's chip unit Shinko Electric -sources
Mitsubishi Corp (8058.T) is considering bidding for Fujitsu's (6702.T) chip packaging unit Shinko Electric Industries (6967.T), two sources said, as Japan's top trading house weighs an entry into semiconductor manufacturing. Key Points
Reuters
Japan raises bullet train rail pass prices by 70% for tourists
Bullet train rail pass offering 14 days of unlimited travel across Japan now costs ¥80,000 ($534), up from ¥47,250. The price hikes vary from about 65% to 77%. | Travel Key Points
Hindustan TimesJapan startup develops 'Gundam'-like robot with $3 million price tag
Tokyo-based start-up Tsubame Industries has developed a 4.5-metre-tall (14.8-feet), four-wheeled robot that looks like "Mobile Suit Gundam" from the wildly popular Japanese animation series, and it can yours for $3 million. Key Points
ReutersApple’s iPhone cedes ground to Google’s Pixel in Japan
Google's Pixel phones are gaining market share in Japan, eroding the dominance of Apple's iPhone. In the June quarter, Google phones accounted for a record 12% of the market, compared to 46% for the iPhone. The decline in iPhone market share can be attributed to the increasing cost of the device due to the weakening yen, as well as the lack of significant new features. Key Points
Economic TimesUS, Japan authorities warn of China-linked hacking group BlackTech
U.S. National Security Agency, Federal Bureau of Investigation and Japanese police jointly warned multinational companies of China-linked hacker group BlackTech in a cybersecurity advisory late on Wednesday. Key Points
ReutersJapan approves Alzheimer's treatment Leqembi by Eisai and Biogen
Japan's Eisai (4523.T) said on Monday its Alzheimer's treatment developed with Biogen (BIIB.O), Leqembi, was approved by the country's health ministry, making it the second nation after the United States to clear its use. Key Points
Reuters
Japan exports fall for first time since 2021, stoking concerns about outlook
Ministry of Finance (MOF) data out Thursday showed Japanese exports fell 0.3% in July year-on-year, compared with a 0.8% decrease expected by economists in a Reuters poll Key Points
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