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NEWS

Explosion on Iranian oil tanker off China -ministry

Reuters, Published on 10/01/2018

» BEIJING: There was an explosion aboard the Iranian oil tanker that collided with a Chinese grain ship after rescue crews tried to use foam to extinguish the fire, China's Transport Ministry (MoT)said in a statement on Wednesday.

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NEWS

Opec's oil-price cheer tempered by US shale fears

Reuters, Published on 10/01/2018

» DUBAI/LONDON: Oil's price rally this year to its highest since May 2015 may seem a source of glee for Opec, but some in the producer group fear the gains could prompt shale companies to crank open their spigots and flood the market.

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BUSINESS

Japan banks downsize to stay alive

Published on 01/01/2018

» TOKYO: Japan's biggest banks are racing to adapt to changing business conditions amid a shrinking population and the spread of online banking.

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NEWS

Businessman arrested for exports to North Korea

Kyodo News, Published on 14/12/2017

» KYOTO: A business executive and two others were arrested Thursday for allegedly exporting food and other items to North Korea in violation of the government's export ban, police said.

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NEWS

Japan tightening control over private land on remote islands

Kyodo News, Published on 25/11/2017

» The Japanese government will soon consider steps to enhance control over all privately owned land on remote islands to bolster national security and protect resources within territorial waters, a government source said Saturday.

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NEWS

China says opposes new US sanctions over North Korea

Kyodo News, Published on 22/11/2017

» China said Wednesday it opposes unilateral sanctions outside the framework of UN Security Council and any country exercising so-called "long-arm jurisdiction" over its entities.

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NEWS

Apple's secret tax bolthole revealed

Kyodo News, Published on 08/11/2017

» TOKYO: Newly leaked corporate records show Apple Inc turned to a new tax haven in the Channel Islands after being accused by a US Senate subcommittee in 2013 of avoiding tens of billions of dollars in taxes by shifting profits into Irish subsidiaries.

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NEWS

6 people hurt as drone crashes into crowd at Japan park

Published on 05/11/2017

» GIFU, Japan: A four-kilogramme drone hovering over a park during an event in Gifu prefecture on Saturday suddenly crashed into the crowd, injuring six people including children, police said.

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NEWS

Dole Japan to recall 9,000 bunches of Philippine bananas

Kyodo News, Published on 01/11/2017

» Dole Japan Inc., a producer of fruits and vegetables, said Wednesday it will recall approximately 9,000 bunches of packaged Philippine bananas due to concerns they have been tampered with.

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BUSINESS

Nikon ends digital camera production in China

Kyodo News, Published on 31/10/2017

» Nikon Corp. said Monday it has stopped operation of its Chinese plant for compact digital cameras and components due to declining demand amid widespread ownership of smartphones with inbuilt photographic capability.