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Japan's All Nippon Airways swings back into the black
Japan's All Nippon Airways (ANA) said Wednesday it had swung back to profitability in the three months to June, largely thanks to an expansion at Tokyo's second airport and changes to its pension plan. The upbeat results came a day after rival Japan Airlines said its quarterly earnings dived nearly 20 percent owing to higher fuel costs. A sharp decline in the yen has sent fuel prices surging for ...(7/30/2014 3:40:18 AM)
Japan practices amphibious landing in Hawaii
KANEOHE BAY, Hawaii (AP) — Japan has been practicing storming beaches with the U.S. and other countries in Hawaii this month. The amphibious landing exercises, which are relatively new to Japan's military, come as Tokyo tries to boost its ability to defend small islands it controls but China claims as its own.(7/30/2014 2:48:34 AM)
Japan factory output logs sharpest drop since tsunami disaster
Japan's factory output in June logged its sharpest fall since the 2011 earthquake-tsunami disaster, hit largely by drops in cars and industrial machine production, official data showed Wednesday. The lacklustre figures -- which come a day after separate data showed the labour market was tightening as consumer spending ticked up -- reflected the mixed picture for the world's number three economy ...(7/30/2014 3:06:18 AM)
Japan's Nuclear Roadmap To Economic Destruction
The Japan Nuclear Regulation Authority's new definition of an active geologic fault as having moved within 120,000 years is news to geologists, who define it as 10,000 years. Poorly thought-out criteria like this could be used to keep their nuclear fleet shuttered for political reasons, not scientific, and could cost Japan dearly in money and carbon.(7/29/2014 12:54:15 AM)
Japan June output falls at fastest pace since March 2011 quake
Japan's June industrial output fell at the fastest rate since the earthquake and tsunami of March 2011 as companies slowed production to offset a build-up in inventories, clouding the outlook for the economy. The 3.3 percent month-on-month drop far exceeded the median 1.2 percent fall forecast in a Reuters poll of economists, and followed a 0.7 percent increase in May, data from the Ministry of ...(7/30/2014 12:44:42 AM)
McDonald's Japan pulls profit forecast after China meat scandal
McDonald's Japan on Tuesday pulled its profit forecast for the year as it acknowledged that an "appalling" tainted meat scandal at a Chinese supplier would dent its finances. The head of the fast-food chain's Japanese unit issued a televised apology after halting sales of products with chicken sourced in China on Friday, while Tokyo vowed to block any imports from the company at the centre of ...(7/29/2014 10:34:49 AM)
Japan, France agree on defence equipment cooperation
Japan and France on Tuesday agreed to enhance defence cooperation, including the joint development of military equipment, Japanese officials said.(7/29/2014 3:47:59 PM)
Japan job market tightens as spending recovers
Japan's job market is tightening despite a rise in the unemployment rate, official data showed Tuesday, as consumer spending recovers from April's sales tax hike. Japan hiked its sales tax to 8.0 percent from 5.0 percent on April 1 in a bid to tame the country's massive national debt, one of the heaviest burdens among rich nations. On Tuesday, official data showed that Japan's unemployment rate ...(7/29/2014 1:26:36 AM)
McDonald's Japan withdraws profit guidance after China food scare
McDonald's Holdings Co (Japan) withdrew its earnings guidance for the year on Tuesday and said it was working on a contingency plan after a major meat supplier in China was shut down by regulators for food safety breaches. The Japanese unit of the world's biggest hamburger chain immediately switched to alternative chicken supplies both in China and Thailand after the scandal broke last week ...(7/29/2014 4:33:06 AM)
India Warships Off Japan Show Rising Lure as China Counterweight
The INS Shivalik and INS Ranvijay's appearance at the port near Nagasaki showed Japan's interest in developing ties with the South Asian nation as Prime Minister Shinzo Abe's government faces deepening tensions with China. With Abe loosening limits on his nation's military, the exercises that conclude today showcase Japan's expanding naval profile as China pushes maritime claims in disputed ...(7/29/2014 12:00:01 PM)
Source: Yahoo