A New Beginning: The Formation of the Japan Engineer District (1972–1980)

The 1970s brought a seismic shift to the U.S. Army Corps of Engineers in the Far East. On May 15, 1972, after nearly three decades of U.S. administration, Okinawa was officially returned to Japan. The return wasn’t just political; it reshaped how American …

Japan logs 116 bil. yen trade deficit in April, exports to US down

In this Jan. 30, 2017 file photo taken from a Mainichi Shimbun helicopter, a container terminal is seen at the Port of Yokohama. (Mainichi) TOKYO (Kyodo) -- Japan posted a 115.85 billion yen ($803 million) trade deficit in April, marking the first red ink …

Japan: Life insurer to cut secondment of employees to financial organisations

Japanese life insurer Nippon Life Insurance will discontinue the practice of seconding its employees with banks and other lender institutions. A news report in the Japan Times said these agreements have allowed Japanese insurers to dispatch staff on a …

Ishiba tells Japan's new agriculture minister to work to stabilize rice prices

Japanese Prime Minister Ishiba Shigeru has asked the new agriculture minister, Koizumi Shinjiro, to make efforts to stabilize rice prices. Ishiba met with Koizumi, the former chairperson of the ruling Liberal Democratic Party's Election Strategy …

Japan's super-long bond get little relief after record yield surge

TOKYO (Reuters) -Long-dated Japanese government bonds saw little relief on Wednesday after a poor auction result sent yields to record levels and as more debt sales loomed in the weeks ahead. Super-long yields have been on the rise, following U.S. Treasury …

Japan’s agriculture minister resigns after his remark about not buying rice causes political fallout

Japan’s Exports Slow as US Tariffs Bite, Risking Recession

By region, Japan’s exports to the US declined 1.8%, led by cars and construction machinery, while exports to China and Europe fell 0.6% and 5.2%, respectively. The yen averaged 147.7 against the US dollar in April, 2.6% stronger than a year earlier, which …

‘Never bought rice’: Japan agriculture minister resigns over tone-deaf comment

TOKYO, May 21 — Japan’s farm minister resigned today after saying he never buys rice because he gets it free, a remark that drew public fury in a country facing soaring food prices. “Just now I submitted my resignation to Prime Minister (Shigeru) Ishiba,” …

Japan PM sacks farm minister over controversial gifted rice gaffe

Japan's Prime Minister Shigeru Ishiba on Wednesday sacked farm minister Taku Eto over a controversial remark that sparked public outrage amid soaring rice prices, dealing a fresh blow to the already unpopular minority government leader ahead of a …

Japan’s Amazon, Rakuten, shocks nation by helping Ukraine government sell weapons