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Japanese court grants bail to ex-Nissan chair Ghosn after more than three-month detention

TOKYO (Reuters) – A Japanese court granted bail to ousted Nissan Motor Co Ltd chairman Carlos Ghosn on Tuesday more than three months after his arrest for alleged financial crimes, on condition he submit to video surveillance and communications monitoring. The architect of the Renault-Nissan tie-up, and until his arrest in November one of the global auto industry’s most feted ... Read More »

Japan, Thailand sign 7 deals to strengthen economic ties

BANGKOK: The Thai government and its Japanese trade counterpart on Tuesday (Sept 12) signed seven formal agreements covering industrial upgrades, investment in the Eastern Economic Corridor (EEC), human development, and support for small and medium-sized enterprises. The signing took place at the symposium on Thailand 4.0 Towards Connected Industries, hosted by the Thai government. Hiroshige Seko, Japan’s minister of Economy, ... Read More »

Sri Lanka to build two LNG plants with India, Japan

COLOMBO: Sri Lanka’s cabinet of ministers had given the nod to build two 500 MegaWatt dual fuel power plants capable of burning liquefied petroleum gas with India, the state information office said. The cabinet had given the nod for letter of intent to be issued to India and Japan for the two power plants on a government-to-government basis. Sri Lanka’s ... Read More »

Japan, Indonesia target trade revival

TOKYO: Japan’s Prime Minister Shinzo Abe and President Joko “Jokowi” Widodo are widely expected to discuss the issue of reviving a decline in trade between the two countries in a meeting scheduled for Sunday. Total exports and imports from the two nations have declined steadily by a total of 41 percent to US$31.27 billion in 2015 from $53.14 billion in ... Read More »

Japan, Vietnam ties can boost ag exports

TOKYO: The former Minister of Agriculture of Japan, Takebe Tsutomu, said Vietnam is selling mangoes, dragon fruit and bananas to Japan, but these fruits are only for desserts, while the country has a huge demand for other products used in every meal, such as carrots, onions, ginger and vegetables. While more and more Vietnamese agro-products, such as dragon fruit, mangoes, ... Read More »

Japan, India sign nuke pact

TOKYO: Japan signed a pact Friday in which it agreed to sell India civil nuclear power equipment and technology, as the Japanese nuclear industry seeks markets overseas because of shrinking business at home since the 2011 Fukushima disaster. Japanese Prime Minister Shinzo Abe and his Indian counterpart, Narendra Modi, also agreed during talks to advance business and security cooperation. The ... Read More »

Japan, Russia agree to economic cooperation ahead of summit

TOKYO: Japan and Russia will focus on about 30 items of economic cooperation ahead of a December summit at which Japanese Prime Minister Shinzo Abe hopes to make progress in resolving a long-festering territorial row, said the Nikkei business daily. Japan’s trade minister Hiroshige Seko met Russian officials in Moscow, including Economic Development Minister Alexei Ulyukayev, and the two sides ... Read More »

Japan, India agrees to boost three-way defense cooperation with US

TOKYO: Amid China’s increasing maritime assertiveness, the defense ministers of Japan and India agreed Friday to boost their trilateral security cooperation with the United States. Defense Minister Gen Nakatani told reporters “it is very significant” for Japan, India and the United States, who “share the same values,” to strengthen cooperation to ensure the security of the vast Pacific and Indian ... Read More »

Japan, Thailand eyeing arms deal

TOKYO: Japan and Thailand are looking into a deal that would essentially make them limited defense partners. Tokyo is considering a contract that would allow transfers of defense equipment to Thailand and call for technological cooperation with the country, people familiar with the matter said Thursday. Thailand is interested in the Japanese Maritime Self-Defense Force’s P-1 patrol aircraft and US-2 ... Read More »

Japan, Indonesia may work on port, rail projects

JAKARTA: Japan and Indonesia could be working together on two infrastructure projects in the country, said Cabinet Secretary Pramono Anung. Speaking to reporters at Halim Perdanakusuma airport on Thursday (May 26) morning, Mr Pramono said Japan had expressed interest in, a port in Patimban, Subang Regency, West Java, and a medium-speed rail project for the Jakarta-Surabaya route. “There have already ... Read More »

Japan, Argentina likely to boost demand for LNG imports

TOKYO: Traders anticipate more buying interest for liquefied natural gas (LNG) from importers including Japan and Argentina next week after Asian spot prices eased due to weak demand. LNG for June delivery in Asia traded at $4.55/MMBtu, down from $4.75 the previous week. July prices were in line with June. Traders highlighted Polish Oil and Gas Co.’s (PGNiG) tender to ... Read More »

Japan, S. Korea aluminum imports rise

TOKYO: Spot premiums for aluminum imports into Japan and South Korea rose as higher premiums in the US and Europe absorbed spot Australian supplies in Asia, market sources said Wednesday. Platts assessed spot Japanese import premiums at $87.50-$92.50/mt plus London Metal Exchange cash CIF Japan Wednesday, up from $85-$90/mt plus LME cash CIF Japan Tuesday. Platts South Korean import premiums ... Read More »

Jetex expands FBO network in Mexico, Japan

MEXICO CITY: Jetex Flight Support is expanding its presence in the Mexican market by announcing a partnership with local company Eolo to co-brand its FBO at Toluca International Airport. The facility is now being run jointly by the partners at what is Mexico’s main business aviation gateway. In addition to its Dubai headquarters, Jetex already has a network of FBOs ... Read More »

Japan, Turkmenistan signs deals worth over $18b on package of projects

TOKYO: Japan and Turkmenistan signed deals worth over $18 billion on a package of projects in the energy-rich central Asian nation, which has become an important supplier of natural gas to China. Turkmenistan, a reclusive nation of 5.5 million, holds the world’s fourth-largest reserves of natural gas. Since independence in 1991, it has launched ambitious projects to process the commodity ... Read More »

Japan, Uzbekistan sign deals worth over $8.5 bln

TOKYO:  Japan and Uzbekistan signed deals worth more than $8.5 billion on Sunday, including investment to explore new hydrocarbon reserves in the central Asian nation, Uzbek President Islam Karimov said after meeting visiting Japanese Prime Minister Shinzo Abe. Japan will finance around $5 billion of those deals, which also cover communications and transport projects, Karimov said. One of the projects ... Read More »

Japan, Iran start talks next week to bilateral investment treaty

TOKYO: Japan and Iran will start talks next week to negotiate a bilateral investment treaty, as Washington moves to ease sanctions against Tehran and Tokyo looks to step up its interests in the resource rich nation. Japanese and Iranian officials will meet in Tehran from Monday through to Wednesday to secure a deal, Chief Cabinet Secretary Yoshihide Suga said Friday, ... Read More »

Japan, UAE bilateral trade for H1 of 2015

TOKYO: Decline in crude oil price drags down value of Japan – UAE trade in 2015. Results of the first-half 2015 bilateral trade between Japan and the United Arab Emirates showed a steep decline in trade value, resulting from an equal fall in the price of crude oils and gaseous hydrocarbons that Japan imported from the UAE. The value of ... Read More »

Japan, UAE bilateral trade for H1 of 2015

TOKYO: Decline in crude oil price drags down value of Japan – UAE trade in 2015. Results of the first-half 2015 bilateral trade between Japan and the United Arab Emirates showed a steep decline in trade value, resulting from an equal fall in the price of crude oils and gaseous hydrocarbons that Japan imported from the UAE. The value of ... Read More »

Japan, UAE bilateral trade for H1 of 2015

TOKYO: Decline in crude oil price drags down value of Japan – UAE trade in 2015. Results of the first-half 2015 bilateral trade between Japan and the United Arab Emirates showed a steep decline in trade value, resulting from an equal fall in the price of crude oils and gaseous hydrocarbons that Japan imported from the UAE. The value of ... Read More »

Kenya, Japan seeking direct flights to help ease travel

NAIROBI:  Kenya and Japan are seeking direct flights between Nairobi and Tokyo to help ease travel between the two capitals. The matter was among issues discussed during the Kenya -Japan Business Forum that was held in Kenya last week with a view to broaden and deepen partnership between the two countries. During the forum Kenya urged Japan to make more investments ... Read More »