Global Markets in Turmoil: Effects on Asian economy
TOKYO/WASHINGTON – The global financial landscape has been rocked by a series of unexpected events that have sent shockwaves through stock markets around the world. The United States, long considered a bastion of economic stability, is now grappling with the … Continue reading Global Markets in Turmoil: Effects on Asian economy
Mitsubishi Motors to join Honda-Nissan alliance
TOKYO – Japan’s Mitsubishi Motors is set to join an alliance between Honda Motor and Nissan Motor, creating a tie-up between automakers with combined sales of more than 8 million vehicles, the Nikkei newspaper reports. Mitsubishi Motors, which is 34% … Continue reading Mitsubishi Motors to join Honda-Nissan alliance
Increasing demand for travel destinations in Asia
DUBAI – German travelers who book their trips through travel agencies prefer long-distance travel destinations for the 2024 summer season. According to RateHawk, an online hotel, air ticket and transfer booking system for travel professionals, the share of accommodation bookings … Continue reading Increasing demand for travel destinations in Asia
NASA Strengthens Ties with Japan and Korea
WASHINGTON / TOKYO / SEOUL – NASA Deputy Administrator Pam Melroy is currently visiting Japan and the Republic of Korea to underscore the critical role of international cooperation in advancing space exploration and technology development. During her week-long visit to … Continue reading NASA Strengthens Ties with Japan and Korea
Japan and Cambodia Unite for Global Demining Effort
PHNOM PENH / TOKYO – In a historic move, Japan’s Foreign Minister Yoko Kamikawa announced a groundbreaking joint initiative with Cambodia to extend their expertise in land mine removal to nations worldwide, with a special focus on aiding Ukraine amidst … Continue reading Japan and Cambodia Unite for Global Demining Effort
Prolonged Weakness of Japanese Yen Anticipated
TOKYO – Goldman Sachs has projected that the Japanese Yen will likely maintain its weakened state against the dollar for an extended period, with expectations set for the currency to remain at or above 150 to the dollar over the … Continue reading Prolonged Weakness of Japanese Yen Anticipated
Trilateral summit: Japan, South Korea & China meet
SEOUL — China’s premier agreed today to revive three-way cooperation with South Korea and Japan in the face of shared challenges but issued a veiled rebuke against the two countries’ expanding security cooperation with the United States. Chinese Premier Li … Continue reading Trilateral summit: Japan, South Korea & China meet
A culinary journey through Asia for Europeans
BANGKOK – Asia, the largest and most diverse continent in the world, is known for its rich and varied cuisine. From spicy curries to fresh seafood to sweet desserts – Asian cuisine has something to offer for every taste. Here … Continue reading A culinary journey through Asia for Europeans
Panasonic: A journey from crisis to renaissance
TOKYO – After years of crisis and stagnation, the Japanese electronics company Panasonic has achieved a remarkable turnaround. Thanks to a new strategy and a series of reforms, the company was able to record its highest net profit ever in … Continue reading Panasonic: A journey from crisis to renaissance
Population Decline in Japan Impacts Real Estate Market
TOKYO — The significant population decline in Japan is having far-reaching effects on the country’s real estate market. According to recent reports, more than nine million residential properties stand vacant, presenting both challenges and opportunities for foreign investors. The Population … Continue reading Population Decline in Japan Impacts Real Estate Market