Japan | DD News

August 2, 2024 9:29 AM

PM Modi meets Japanese Speaker Fukushiro, discusses opportunities & strategic partnership

Prime Minister Narendra Modi met the speaker of the House of Representatives of Japan- Nukaga Fukushiro and his delegation of Japanese Parliament and business leaders last evening. The Prime Minister highlighted the conducive business environment and reforms undertaken in India for more investment and technology from Japan. He assured the government’s full support to the visiting delegation for these endeavours. The meeting underscored the robust India-Japan Special Strategic and Global Part...

June 19, 2024 3:58 PM

US pushing Netherlands, Japan to restrict more chipmaking equipment to China, source says

A U.S. official was headed to Japan after meeting with the Dutch government in an effort to push allies to further crack down on China's ability to produce cutting-edge semiconductors, a person familiar with the matter told Reuters on Tuesday. Alan Estevez, the U.S. export policy chief, was again trying to build on a 2023 agreement between the three countries to keep chipmaking equipment from China that could modernize its military. The U.S. first imposed sweeping restrictions in 2022 on shipm...

September 16, 2024 6:39 PM

India third-largest gold buyer in May, after Switzerland and China: WGC

The global gold market experienced a turnaround in May, ending a 12-month slump for gold exchange-traded funds (ETFs) with a resurgence in inflows. This positive momentum was driven by strong demand in Europe and Asia, despite minor outflows in North America. By the end of May, global gold ETF holdings had risen to 3,088 tonnes, with total assets under management (AUM) reaching $234 billion, a 2% increase for the month. Physically backed gold ETFs enjoyed a net inflow of $529 million, marking t...

June 5, 2024 6:44 PM

As Japan’s birthrate drops, runner freezes her eggs to sustain motherhood dream

As Japan's birthrate drops, runner freezes her eggs to sustain motherhood dream Japanese champion runner Tomomi Bitoh completed a 170-km (106-mile) race in the Himalayas last November, and immediately made a beeline for a Tokyo clinic to begin freezing her eggs, hoping to keep alive her dream of becoming a mother. The 33-year-old former childcare worker is one of a growing number of Japanese women joining in a trend authorities in the world's most advanced ageing society hope will stem further...

June 1, 2024 11:21 AM

Japan, China defence ministers meet on sidelines of Shangri-La Dialogue

Japanese Defense Minister Minoru Kihara and his Chinese counterpart Dong Jun held bilateral talks on Saturday (June 1) on the sidelines of the Shangri-La Dialogue in Singapore. Speaking to Dong during the meeting, Kihara addressed the security concerns over China's increasing military activities in the sea and airspace surrounding Japan. The Shangri-La Dialogue security summit in Singapore runs till Sunday (June 2) and Kihara will deliver a speech in a plenary session about the regional securi...

September 16, 2024 6:16 PM

Asia shares nudge higher as US, EU inflation data loom

Asian shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months. Holidays in Britain and the United States made for thin trading ahead of Friday's figures on core personal consumption expenditures (PCE), the Federal Reserve's preferred measure of inflation. Median forecasts are for a rise of 0.3% in April, keeping the annual pace at 2.8%, with risks on the ...

May 21, 2024 1:33 PM

Swarmed with tourists, Japan town blocks off viral view of Mt. Fuji

Japan's majestic Mt. Fuji was some 700,000 years in the making, but on one sultry May morning, it was gone. At least on one side of a busy road, views of the 3,776-metre (12,388 foot) symbol of Japan and the Lawson convenience store beneath it have vanished, as officials finished a 20-metre by 2.5-metre barrier to obstruct a photo spot that had become viral among tourists. For locals, the mass of visitors and their refusal to obey rules on littering and parking had become a nuisance and traffi...

May 21, 2024 11:14 AM

EAM Jaishankar reaffirms Quad’s commitment to a secure Indo-Pacific

External Affairs Minister (EAM) S Jaishankar said on Monday that the Quad alliance is working towards realising its shared vision of a secure and prosperous Indo-Pacific and delivering in the field of clean energy, disaster relief and health security. "Whether it's delivering clean energy, STEM talent, disaster relief, health security or resilient communication infrastructure, the Quad is working towards realising its shared vision of a secure and prosperous Indo-Pacific. Quad partners would co...

May 16, 2024 3:37 PM

Japan’s economy skids, clouding BOJ’s rate hike plans

Japan's economy fell faster than expected in the first quarter as the weak yen continued to batter consumers, throwing a fresh challenge to the central bank's push to get interest rates further away from near zero. Preliminary gross domestic product (GDP) data from the Cabinet Office on Thursday showed Japan's economy shrank 2.0% annualised in January-March from the prior quarter, faster than the 1.5% drop seen in a Reuters poll of economists. Downwardly revised data showed GDP barely grew in ...

May 9, 2024 10:39 AM

In rapidly aging China, millions can’t afford to retire

China's latest statistics showed some 94 million working people - around 12.8% of China's 734 million labour force - were older than 60 in 2022, up from 8.8% in 2020. That share, while lower than in wealthier Japan and South Korea, is set to skyrocket as 300 million more Chinese reach their 60s in the coming decade. A third of this cohort are rural migrants, who typically lack the professional skills for an economy aspiring to move up the value chain. The main reason China has not built a str...