S Korea to recall its ambassador to Japan over islands dispute

Monday, July 14th, 2008

South Korea will recall its ambassador to Japan after Japan intensified its claim to the ownership of a group of islands controlled by Seoul, the South Korean Foreign Ministry said Monday. South Korean Ambassador to Japan Kwon Chul- ...

Japan revises industrial output growth 0.1% downward

Friday, July 11th, 2008

Japan has revised the seasonally adjusted industrial output growth in May downward by 0.1 percent to 2.8 percent, said a revised report released Friday. The index of industrial production in May read 109.3, compared with 100 for the ...

Canon to build new camera factory in Nagasaki, Japan

Monday, July 7th, 2008

Canon, the world's largest maker of digital cameras, plans to build a new plant to keep up with demand of global market, according to media report on Monday. The new plant will be built in Nagasaki on Japan's southern island of Kyus ...

Survey: China to replace Japan as Asia-Pacific’s largest online shopping market

Friday, June 27th, 2008

China will replace Japan as the largest online shopping market in the Asia-Pacific region in 2010,with 480 million online shoppers spending 1.4 trillion U.S. dollars, a MasterCard survey said on Thursday. The survey, which analyzes ...

S Korean president to attend G8 summit in Japan

Wednesday, June 25th, 2008

South Korean President Lee Myung-bak is planning to visit Japan on July 8-9 to attend the annual summit of Group-Eight (G8), the presidential office Cheong Wa Dae announced Wednesday. On the sidelines of the summit to be held in Toy ...

Dollar rises on weak data of Europe, Japan

Tuesday, June 24th, 2008

The dollar rose against most major currencies on Monday as reports showed economic weakness in Europe and Japan. The latest euro zone provisional PMI indices for the manufacturing and services sectors both fell below 50 to reveal a ...

Singapore welcomes Japan-ASEAN economic agreement

Tuesday, June 24th, 2008

Singapore, the current chair of the Association of Southeast Asian Nations (ASEAN), on Monday welcomed Japan's ratification of the ASEAN-Japan economic agreement. The Japanese Diet approved the ASEAN-Japan Comprehensive Economic Par ...

Japanese government to develop Prius gas-electric hybrid car

Saturday, June 21st, 2008

Toyota Motor Corp. denied it had received any funding from the Japanese government to develop its hit Prius gas-electric hybrid car. Japan's top automaker rejected a March 24 Business Week report that quoted Jim Press, vice chairman and president of Chrysler LLC and a former board member at Toyota, as saying, "The Japanese government ...