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Asian news from Tokyo

Fumio Kishida - MARI YAMAGUCHI - Japan’s PM Kishida denies he will step down over his party’s loss in special elections - apnews.com - Japan -  Tokyo

Japan’s PM Kishida denies he will step down over his party’s loss in special elections

TOKYO (AP) — Japanese Prime Minister Fumio Kishida said Tuesday his governing party’s major defeat in last weekend’s by-elections was largely due to a political fundraising scandal and that he would not step down or replace party executives to take responsibility.

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Japan's factory output rises as vehicle production recovers - asia.nikkei.com - Japan -  Tokyo

Japan's factory output rises as vehicle production recovers

TOKYO (Reuters) -- Japan's factory output grew more than expected in March, government data showed on Tuesday, thanks largely to automakers resuming production after safety scandals.

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Nikkei staff writer - Yen's surge raises questions over intervention: 3 things to know - asia.nikkei.com - Japan -  Tokyo

Yen's surge raises questions over intervention: 3 things to know

TOKYO -- The yen's sharp appreciation Monday after crossing the 160 mark against the dollar has triggered speculation that Japanese authorities intervened in the market to shore up their home currency.

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Nikkei staff writers - Yen strengthens sharply, triggering speculation of intervention - asia.nikkei.com - Japan -  Tokyo

Yen strengthens sharply, triggering speculation of intervention

TOKYO -- The Japanese yen rose sharply after briefly depreciating past 160 against the U.S. dollar on Monday morning for a fresh 34-year low against the greenback.

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Warren Buffett - Japan's Buffett-backed trading houses hit by weaker commodity prices - asia.nikkei.com - Japan -  Tokyo

Japan's Buffett-backed trading houses hit by weaker commodity prices

TOKYO -- Japan's general trading houses -- Mitsubishi Corp., Itochu, Mitsui & Co., Sumitomo Corp., and Marubeni -- have become big names on the equities market since Warren Buffett-led Berkshire Hathaway disclosed its investment in them in 2020. They are set to announce their annual earnings results in the first weeks of May.

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Nikkei staff writers - Nikkei Group Asia and Sunway University to establish a cooperative relationship - asia.nikkei.com -  Tokyo - Malaysia

Nikkei Group Asia and Sunway University to establish a cooperative relationship

TOKYO -- Nikkei Group Asia (NGA), a group company of Nikkei Inc., and Sunway University, a leading private university in Malaysia, have signed a memorandum of understanding to establish a long-term cooperative relationship.

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Nikkei staff writers - Translation screens a godsend for overseas tourists in Japan - asia.nikkei.com - Japan -  Tokyo

Translation screens a godsend for overseas tourists in Japan

TOKYO -- Transparent displays made by Toppan Holdings that can translate spoken queries into Japanese are proving a godsend to overseas visitors.

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Nikkei staff writers - Yen strengthens sharply after dropping past 160 to the dollar - asia.nikkei.com - Japan -  Tokyo

Yen strengthens sharply after dropping past 160 to the dollar

TOKYO -- The Japanese yen briefly dropped past 160 to the U.S. dollar on Monday morning, marking a fresh 34-year low against the greenback. The yen also fell past 171 per euro, an all-time low since the European currency was launched in 1999.

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