Latest in Tag: Japan Highlight

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Latest in Tag: Japan


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Japan’s decision to compensate wartime Korean sex workers welcome, if also too late for thousands

The Japanese government recently agreed to pay $8.7m to dozens of Korean women who were forced into sex work to serve Japanese soldiers. The payment is meant as compensation for their suffering. Japanese Prime Minister Shinzo Abe expressed his “deepest regrets” and “contrition” to the victims. Among the estimated 100,000 to 200,000 women recruited from …

Cesar Chelala

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Japan: ‘World must agree to disagree’ on whaling

Japan’s top whaling official has said that Tokyo did its best to meet criteria established by the UN International Court of Justice (ICJ) on whaling. The statement comes as 33 countries urged Japan to stop the practice. Joji Morishita, Japan’s International Whaling Committee (IWC) commissioner, said in a statement on Monday that the island-nation has …

Deutsche Welle

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Butter prices soar in Japan amid renewed shortage

Japan is on its way to turning butter into a luxury item, the “Nikkei” daily has warned. It said butter prices in the Asian country may well hit record levels this winter, with a serious shortage becoming even worse. Japanese retail butter prices were expected to reach an all-time high in the coming months, the …

Deutsche Welle

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Shares in Japan Post soar on market debut

Japan Post, a massive formerly state-owned conglomerate, went public on the Tokyo Stock Exchange Wednesday, raising $11.5 billion in an initial public offering that was this year’s biggest. After the opening bell in Tokyo, investors scrambled to snatch up shares in the three companies affiliated with Japan Post, including the group’s holding, insurance and banking …

Deutsche Welle

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Toyota beats VW sales

Japan’s Toyota has reported its nine-month sales figures, showing that the company shifted more vehicles than German rival Volkswagen. Both firms had to announce massive recalls recently, albeit for different reasons. Toyota raced back to the top of the global sales table after logging 7.498 million vehicles in the first three quarters of 2015, the …

Deutsche Welle

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Japan, Turkmenistan sign huge deals

The two countries are teaming up to tap the world’s fourth-largest natural gas reserves. Japan may be late to the game in Turkmenistan, but its engineering expertise might just help it gain a foothold on the hot market. Japan and Turkmenistan on Friday signed a raft of deals, ranging from natural gas to chemicals, worth …

Deutsche Welle

toyota

Toyota recalls 6.5 million vehicles worldwide over power window glitch

Japan’s automaker has announced another mass recall, in a move that could further damage the company’s image. Toyota had already recalled millions of vehicles over an airbag defect. Toyota, the world’s largest car company, announced on Wednesday it was recalling 6.5 millions vehicles around the world after discovering a problem with the power windows. Around …

Deutsche Welle

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Japan furious at UNESCO listing Nanjing Massacre documents

Japan may halt funding for UNESCO over the organization’s decision to include documents relating to the 1937 Nanjing Massacre in the latest listing for its “Memory of the World” program. Julian Ryall reports from Tokyo. The campaign for Japan to “act decisively” in its dispute with the United Nations Education, Science and Culture Organization (UNESCO) …

Deutsche Welle

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China loses WTO appeal in steel spat with EU, Japan

The World Trade Organization (WTO) has struck down Beijing’s appeal against an earlier ruling, which said China violated international trade rules when it imposed anti-dumping tariffs against certain steel tubes. China has lost a trade dispute over duties on European and Japanese high-grade steel, according to a WTO ruling that was made public on Wednesday. …

Deutsche Welle

OECD

Overseas corporate corruption still a major problem

Cross-border corporate bribery is still a largely unresolved issue, Transparency International has concluded in a fresh report. Germany, it said, was among only few nations actively combating corruption. Transparency International (TI) said Thursday that about half of the 41 signatories to the OECD anti-bribery convention had been doing “little or nothing” to fight growing levels …

Deutsche Welle

Japan marks 70 years since its surrender ended World War Two

There were bows and “banzai” chants at Tokyo’s Yasukuni Shrine as politicians, veterans, and nationalists paid their respects to the over two million Japanese who died in World War Two. Julian Ryall reports from Tokyo. On a table at a refreshment stand in the grounds of Yasukuni Shrine, Tadashi Shimomura set up two framed photographs. …

Deutsche Welle

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‘We were the first victims of the atomic bomb’

Seventy years after atomic bombs were dropped on Japan, New Mexicans say they’re still waiting for the US government to recognize them as the first victims. Teri Schultz reports from the US state of New Mexico. Tina Cordova’s grandfather Reynaldo Cordova was killed in Germany’s Hurtgen Forest in December 1944, one of hundreds of thousands …

Deutsche Welle

Qatar buys helicopters, missiles in $23bn arms deals

Reuters – Qatar announced contracts worth about $23bn on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up. The world’s top liquefied natural gas (LNG) exporter announced deals with about 20 global companies, including firms from the …

Daily News Egypt