Japans

Six dead after record rain causes floods in Japan’s Ishikawa

Six people have been killed and 10 others are missing after record rainfall caused floods and landslides in parts of Japan’s Ishikawa prefecture. The cities of Wajima and Suzu, which are still recovering from a deadly earthquake that devastated the area on 1 January, are among the hardest hit by the deluge, which began on […]

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Japan’s ruling party to pick new leader, successor to PM Kishida next month

The winner of the Liberal Democratic Party’s leadership election in September will also become the next prime minister. Japan’s governing Liberal Democratic Party (LDP) is set to elect its new leader and the country’s next prime minister in September. The party’s announcement on Tuesday came after Prime Minister Fumio Kishida’s sudden decision last week to

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Japan’s PM Fumio Kishida says he will step down as leader of LDP next month, won’t run for re-election

Tokyo CNN  —  Japanese Prime Minister Fumio Kishida will not run for a second term as leader of the long-ruling Liberal Democratic Party (LDP) next month following a series of political scandals that have fueled calls for him to resign. In a press conference on Wednesday, Kishida said it is necessary to present the LDP

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Japan’s Prime Minister Fumio Kishida says he will step down in September

Kishida will not seek re-election as the leader of the ruling LDP in party elections next month. Japanese Prime Minister Fumio Kishida has announced he will not seek re-election as the leader of the ruling Liberal Democratic Party (LDP) in next month’s party polls, in a decision that means the country will also have a

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Japan’s Toyota posts record 4.9tn yen profit driven by hybrid demand

Japanese car giant says net profit reached 4.94 trillion yen ($31.9bn) in the year to March. Toyota has reported record profit and sales figures on the back of the weak yen and strong demand for hybrid vehicles. The Japanese car giant said on Wednesday that it netted a record profit of 4.94 trillion yen ($31.9bn)

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Japan’s Nissan, Honda to study partnership on EVs amid Chinese dominance

Japanese carmakers have struggled to keep up with their Chinese rivals in the fast-growing EV market. Japan’s Nissan and Honda have agreed to study the possibility of a partnership focused on electric vehicles, as the carmakers struggle to challenge the dominance of Chinese manufacturers. Nissan and Honda’s potential partnership will focus on technology that helps

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Japan’s Nikkei stock market index passes 40,000 for first time

Nikkei 225 gains as much as 1 percent after last month beating 1989 record. Japan’s benchmark stock market index has smashed the 40,000 mark for the first time, continuing its comeback after decades of stagnation. The Nikkei 225 gained 1 percent to 40,308.85 during morning trading on Monday, as investors took an upbeat view of

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