-
Tokyo restaurant chain withdraws appeal for COVID restrictions case
A Tokyo-based restaurant chain operator revealed Tuesday it had withdrawn an appeal for a court case in which it demanded damages against the Tokyo metropolitan government for ordering business hours be reduced during the coronavirus pandemic. The announcement by Global Dining Inc., which runs dozens of restaurants, finalizes the ruling in May by the Tokyo District Court outlining that the order had been illegal, but that Tokyo Gov. Koike Yuriko, who had made the order, was not at fault. The restaurant operator made the decision to withdraw "as it had become increasingly likely that a request ...
Kyodo News
-
Tokyo stocks end flat on firm U.S. stocks, profit-taking
Tokyo stocks ended almost flat Tuesday as buying on recent gains in U.S. stocks was offset by the locking in of gains after the benchmark Nikkei rose to a seven-month high the previous day. The 225-issue Nikkei Stock Average ended down 2.87 points, or 0.01 percent, from Monday at 28,868.91. The broader Topix index finished 3.0 points, or 0.15 percent, lower at 1,981.96. On the top-tier Prime Market, decliners were led by marine transportation, mining, and oil and coal product issues, while air transportation, service, and real estate issues were among the major gainers.
Kyodo News
-
FOCUS: Japan firms' earnings momentum unlikely to bring hoped-for wage hikes
Solid profits at major Japanese companies in recent earnings reports are unlikely to translate into near-term wage hikes in broad sectors due to the risk of a global recession, dashing Prime Minister Fumio Kishida's hopes for higher pay to blunt the impact of rising prices. The Japanese currency's drop to 24-year lows against the U.S. dollar has served as a major profit driver for some blue-chip companies, boosting profits earned overseas and inflating the value of assets held abroad in yen terms. Companies from automakers and components suppliers to energy companies reported upbeat earnings f...
Kyodo News
-
Tokyo stocks flat in morning despite robust U.S. shares
Tokyo stocks were almost flat Tuesday morning as buying following an overnight rise in U.S. shares was offset by profit-taking after the benchmark Nikkei rose to a seven-month high the previous day. The 225-issue Nikkei Stock Average fell 10.02 points, or 0.03 percent, from Monday to 28,861.76. The broader Topix index was down 3.77 points, or 0.19 percent, at 1,981.19. On the top-tier Prime Market, gainers were led by air transportation, real estate and retail issues, while marine transportation, mining, and oil and coal product issues were major decliners.
Kyodo News
-
Fukushima chemical waste moved to Hokkaido for detoxification
Highly toxic chemical waste stored near the crippled Fukushima nuclear power plant was transferred Tuesday to a city in Hokkaido in northern Japan for detoxification, stirring safety concerns among local residents. The waste, mostly consisting of condensers and lighting ballasts, contains high concentrations of polychlorinated biphenyls that are harmful to humans and was disposed of in municipalities surrounding the plant before the 2011 nuclear disaster triggered by a massive earthquake and tsunami, according to the city of Muroran. The waste had been set for detoxification at a treatment fac...
Kyodo News
-
Main events scheduled for Wednesday, Aug. 17
Main events scheduled in Japan for Wednesday, Aug. 17: -- Customs-cleared trade statistics for July to be released by Finance Ministry at 8:50 a.m. -- Machinery orders data for June to be released by Cabinet Office at 8:50 a.m. -- Number of foreign visitors arriving in Japan in July to be released by Japan National Tourism Organization at 4:15 p.m.
Kyodo News
-
Tokyo stocks open lower on profit-taking, weak energy issues
Tokyo stocks opened lower Tuesday as investors locked in gains after the Nikkei index ended at a seven-month high the previous day, while falling U.S. crude oil futures prompted selling in energy-related issues. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 90.88 points, or 0.31 percent, from Monday to 28,780.90. The broader Topix index was down 6.56 points, or 0.33 percent, at 1,978.40. On the top-tier Prime Market, decliners were led by mining, marine transportation, and oil and coal product issues. At 9 a.m., the dollar fetched 133.12-13 yen compared with 133.2...
Kyodo News
-
Int'l nuclear panel urges Russia to end Ukraine power plant seizure
A panel under an ongoing major nuclear disarmament conference has effectively urged Russia to end the seizure of a nuclear power plant in southern Ukraine, according to a draft report dated Sunday. The call for "the restoration of control to the competent Ukrainian authorities" of the Zaporizhzhia plant is included in a draft expected to be finalized and combined with the reports of two other panels by the Aug. 26 end of the Nuclear Non-Proliferation Treaty review conference at the U.N. headquarters. According to the draft being compiled by the second main committee under the NPT conference, i...
Kyodo News
-
Nuclear war between U.S. and Russia could starve 5 bil. people: study
A nuclear war between the United States and Russia could put over 5 billion people in danger of starving to death due to climate disruptions caused by the use of the devastating weapons, a study published in British science journal Nature Food showed Monday. The study highlighted the impact of massive amounts of soot that would likely be thrown into the atmosphere as a result of firestorms triggered by the dropping of nuclear bombs on cities and industrial areas. It indicated that such particles would spread through the atmosphere and result in a rapid cooling of the planet. Soot injections to...
Kyodo News
-
Nikkei ends at 7-month high as U.S. inflation concerns ease
Tokyo stocks rose Monday, with the benchmark Nikkei ending at a fresh seven-month high amid hopes that the rise in inflation in the United States has peaked, while upbeat earnings by some Japanese companies also provided support. The 225-issue Nikkei Stock Average ended up 324.80 points, or 1.14 percent, from Friday at 28,871.78, the highest since Jan. 5. The broader Topix index finished 11.78 points, or 0.6 percent, higher at 1,984.96. On the top-tier Prime Market, gainers were led by pharmaceutical, precision instrument, and rubber product issues.
Kyodo News
- もっと見る