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Asian news from city Tokyo

Reuters - Yen surges after U.S. CPI data; traders still wary of intervention - asia.nikkei.com - Japan - New York - Australia - city Tokyo

Yen surges after U.S. CPI data; traders still wary of intervention

LONDON (Reuters) -- The Japanese yen jumped by the most since late 2022 on Thursday, in a move traders said was most likely the result of dollar selling after a weak reading of U.S. consumer inflation, rather than official intervention from Tokyo authorities.

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HIROFUMI KANAOKA - Nikkei staff writer - Japan plans for more tankers, imports to tackle jet fuel shortage - asia.nikkei.com - Japan - city Tokyo

Japan plans for more tankers, imports to tackle jet fuel shortage

TOKYO -- Japan plans to adopt measures to resolve an aviation fuel shortage that is threatening to ground a surging tourism industry, Nikkei has learned, securing more tankers and stepping up imports.

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CK Tan - Nikkei staff writer - China EV exports fell 13.2% in June amid rising trade tensions - asia.nikkei.com - China - city Tokyo

China EV exports fell 13.2% in June amid rising trade tensions

TOKYO -- China's electric vehicle exports declined 13.2% from the previous month in June to 86,000 vehicles, new data showed on Wednesday, signaling growing resistance to the cars as Europe raises trade barriers.

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Nikkei staff writer - Japan's Inpex picks Australia for $1.25bn renewable energy buildup - asia.nikkei.com - Japan - Australia - Italy - county Power - county Green - city Tokyo

Japan's Inpex picks Australia for $1.25bn renewable energy buildup

TOKYO -- Inpex will invest more than 200 billion yen ($1.25 billion) through 2030 in renewable energy projects in Australia, Nikkei has learned, with the Japanese energy group aiming to make the continent a base for exporting "green" hydrogen.

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YUICHI SHIGA - Nikkei staff writer - Toyota subsidiary warned about Subcontract Act violations - asia.nikkei.com - Japan - city Tokyo

Toyota subsidiary warned about Subcontract Act violations

TOKYO -- The Japan Fair Trade Commission on Friday issued a cautionary advisory to a Toyota Motor subsidiary, which had had unfair transactions with its 94 subcontractors, including forcing some to store molds without compensation.

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Julian Ryall - Demining diplomacy: to counter China’s Cambodia sway, Japan touts landmine clearance - scmp.com - Japan - China - Cambodia - county Cooper - city Tokyo - city Phnom Penh

Demining diplomacy: to counter China’s Cambodia sway, Japan touts landmine clearance

Analysts say the timely proposal aims to cement Tokyo’s influence in the region as the Southeast Asian nation undergoes a generational leadership transition.

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Emmanuel Macron - Philippine Daily Inquirer - Up for grabs - asianews.network - Japan - France - China - Usa - Philippines - Britain - New York - Australia - city Tokyo - city Beijing - city Manila

Up for grabs

July 10, 2024

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More American tourists head to Japan as battered yen beckons - asiaone.com - Japan - China - Usa - city Tokyo

More American tourists head to Japan as battered yen beckons

TOKYO — American tourists headed for Japan have surged in 2024, lured by a slump in the value of the yen, which is also driving a massive jump in foreign investor interest in the country's lodgings market.

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