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Asian news from Japan

Shreyashi Sanyal - Samantha Subin - Lisa Kailai Han - Reuters - Asia markets rise after Wall Street soars on soft inflation data; Japan GDP shrinks - cnbc.com - Japan - China - Taiwan - Hong Kong - South Korea - Australia - state Arizona

Asia markets rise after Wall Street soars on soft inflation data; Japan GDP shrinks

This is CNBC's live blog covering Asia-Pacific markets.

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Japan’s economy shrinks on weak consumer spending, auto woes - apnews.com - Japan - city Tokyo

Japan’s economy shrinks on weak consumer spending, auto woes

TOKYO (AP) — The Japanese economy shrank at an annual rate of 2% in the first quarter of this year, as consumption and exports declined, the government said Thursday.

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Yoon Suk Yeol - STEVEN BOROWIEC - Nikkei staff writer - Line-Naver spat presents dilemma for Yoon's Japan policy push - asia.nikkei.com - Japan - city Tokyo - South Korea - city Seoul

Line-Naver spat presents dilemma for Yoon's Japan policy push

SEOUL -- South Korean President Yoon Suk Yeol's policy of rapprochement with Japan is coming under increasing pressure stemming from a dispute involving prominent technology companies from both countries.

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Nikkei staff writers - Foreign workers in Japan climb the ladder at smaller firms - asia.nikkei.com - Japan - city Tokyo

Foreign workers in Japan climb the ladder at smaller firms

TOKYO/OSAKA -- At the small Japanese manufacturer where he works, Jang Ji-soo plays a big role in keeping costs down.

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Nikkei staff writers - Eisai to offer Alzheimer's drug in China from July - asia.nikkei.com - Japan - city Tokyo - China

Eisai to offer Alzheimer's drug in China from July

TOKYO-- Eisai will launch its treatment for Alzheimer's disease in China this July with a major health care provider there under plans announced Wednesday, entering the third market after Japan and the U.S. 

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Nikkei staff writer - LISA KIM - Yen rises after release of slower U.S. consumer inflation data - asia.nikkei.com - Japan - city Tokyo

Yen rises after release of slower U.S. consumer inflation data

TOKYO -- The Japanese yen strengthened to 154.74 against the dollar after Wednesday's release of U.S. consumer inflation data for April.

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Nikkei staff writer - Japan Inc. projects 4% profit fall on China and Europe slowdown - asia.nikkei.com - Japan - city Tokyo - China

Japan Inc. projects 4% profit fall on China and Europe slowdown

TOKYO -- Combined net profit at big Japanese companies is forecast to fall 4% this fiscal year, the first drop in five years, corporate earnings outlooks show, due in part to a slowdown in China and Europe and conservative yen exchange-rate assumptions.

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