Benigno Aquino Praises Japan

Benigno Aquino Praises Japan

September 23, 2015 – Philippine President Benigno Aquino yesterday joked about China’s disputed maritime territorial claims and praised Beijing’s regional rival Japan for passing new legislation allowing the nation’s troops to fight abroad. Speaking in an interview with ABS-CBN television, ...

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Hon Hai Seeks Apple Help To Buy Sharp’s LCD Business

Hon Hai Seeks Apple Help To Buy Sharp’s LCD Business

September 22, 2015 – Hon Hai Precision Industry Co. of Taiwan is considering collaborating with Apple Inc. to buy Sharp Corp.’s struggling liquid crystal display (LCD) business, once the breadwinner of the Japanese company, sources said. Under the plan, Hon ...

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Japan Shock South Africa In Rugby World Cup

Japan Shock South Africa In Rugby World Cup

September 21, 2015 – Japan recorded the biggest upset in Rugby World Cup history as substitute Karne Hesketh scored on the last play of the game to seal a 34-32 victory over two-time winners South Africa and send reverberations through ...

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Suzuki Seals ¥460.3 Billion VW Buyback

Suzuki Seals ¥460.3 Billion VW Buyback

September 17, 2015 – Suzuki Motor Corp. confirmed that Volkswagen AG has sold back all the shares it held in the Japanese carmaker for ¥460.3 billion, closing the final chapter of an acrimonious partnership. Suzuki repurchased all 111.6 million shares ...

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S&P Downgrades Japan’s Sovereign Credit Rating From AA- To A+

S&P Downgrades Japan’s Sovereign Credit Rating From AA- To A+

September 16, 2015 – Ratings agency Standard & Poor’s today downgraded its sovereign credit rating on Japan by one notch, saying the country was unlikely to revive economic growth and end deflation within the next few years. “Despite showing initial ...

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No-Go Zone Declared As Mount Aso Erupts

No-Go Zone Declared As Mount Aso Erupts

September 15, 2015 – Japan’s famous Mount Aso erupted in southern Japan yesterday, sending up huge plumes of gray ash and smoke, and authorities have banned people from going within 2 kilometers of the crater. Mount Aso is located on ...

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Fukushima Dumps Safe Filtered Radioactive Water In Sea

Fukushima Dumps Safe Filtered Radioactive Water In Sea

September 14, 2015 – The operator of Japan’s Fukushima plant today began releasing previously radioactive groundwater from the crippled nuclear plant into the sea, saying a filtration process had made the discharge safe. Tokyo Electric Power Co (TEPCO), which operates ...

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Japan Steps Up Security At Embassies Worldwide After ISIS Threat

Japan Steps Up Security At Embassies Worldwide After ISIS Threat

September 11, 2015 – Japan has ordered beefed-up security at its embassies worldwide, a top official said today, after the Islamic State in Iraq and Syria (ISIS) highlighted the country’s missions in Indonesia, Malaysia and Bosnia-Hercegovina as part of a ...

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Yen Picks Up As Tumbling Equity Markets Hurt

Yen Picks Up As Tumbling Equity Markets Hurt

September 10, 2015 – The yen picked up in Asian currency trading this morning as traders moved into safer assets after regional equity markets retreated and investors look to next week’s Federal Reserve policy meeting. In Tokyo, the dollar edged ...

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