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Japan approves bill to help firms to develop 5G, drone technologies

Tuesday, February 18, 2020, 1:36 PM

Japan approves bill to help firms to develop 5G, drone technologies

Japan's cabinet on Tuesday approved a bill to support companies to develop secure 5G mobile networks and drone technologies amid growing alarm among Tokyo policymakers over the increasing influence of China's 5G technology. The bill will give companies which develop such technologies access to low-interest rate loans from government-affiliated financial institutions if their plans fulfill standards on cyber security.

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Japan cancels Emperor's birthday public celebrations amid virus fears

Monday, February 17, 2020, 9:17 PM

Japan cancels Emperor's birthday public celebrations amid virus fears

Japan said it would cancel a-public-gathering to celebrate the birthday of new-Emperor-Naruhito, as fears grow over the spread of the new-coronavirus in the country. "In light of various situations, we have decided to cancel the visit by the general-public to the palace for His Majesty's birthday," the imperial-household-agency said in statement a day after the government warned people to avoid crowds and "non-essential gatherings."

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Japan suffers worst economic slump in five years

Monday, February 17, 2020, 1:54 PM

Japan suffers worst economic slump in five years

Japan has suffered its worst quarterly GDP contraction in more than five years, with a tax hike and a deadly typhoon taking a toll on the world's third-largest economy. The nation's gross domestic product in the three months to December shrank 1.6 percent from the previous quarter, even before the novel coronavirus outbreak in China hit Japan, according to official data published on Monday.

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Clock's ticking for Nissan boss Uchida to show he has a plan - sources

Monday, February 17, 2020, 1:34 PM

Clock's ticking for Nissan boss Uchida to show he has a plan - sources

Nissan's new CEO Makoto Uchida doesn't have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company's board. "In the worst-case scenario he could be shown the door."

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Japan economy logs worst drop in over five years

Monday, February 17, 2020, 1:18 PM

Japan economy logs worst drop in over five years

Japan's economy suffered its worst quarterly contraction in more than five-years at the end of 2019 after a tax hike and typhoons, according to official data on Monday. The nation's gross domestic-product in the three-months to December shrank 1.6% from the previous quarter, before the novel coronavirus outbreak in China hit Japan. The drop was much worse than the one-percent contraction economists had expected.

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Cruise firm seeks new virus test for passenger from ship in Cambodia

Sunday, February 16, 2020, 8:09 PM

Cruise firm seeks new virus test for passenger from ship in Cambodia

An American passenger from a cruise ship that docked in Cambodia has tested positive for the new coronavirus a second time in Kuala Lumpur, Malaysia said on Sunday, after the cruise firm and Cambodian authorities sought further tests. The 83-year-old woman was the first passenger from the MS Westerdam, operated by Carnival Corp unit Holland America Inc, to test positive for the virus.

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Chinese tourist in France becomes first to die in Europe of coronavirus

Sunday, February 16, 2020, 1:28 PM

Chinese tourist in France becomes first to die in Europe of coronavirus

An elderly Chinese tourist in France has died after contracting the COVID-19 coronavirus, becoming the first fatality outside of the Asia-Pacific region in an epidemic that has killed more than 1,500-people in mainland China. The 80-year-old man, who was from the central Hubei province where the virus originated late last-year, arrived in France on January-16, French Health Minister Agnes Buzyn told reporters on Saturday.

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Powerful quake hits off northern Japan; no tsunami danger

Friday, February 14, 2020, 7:56 AM

Powerful quake hits off northern Japan; no tsunami danger

A powerful earthquake hit off Japan's northern coast on Thursday, but there were no reports of serious damage or injuries and no danger of a tsunami, officials said. Japan's meteorological agency said the quake measured a preliminary magnitude of 7 and was located far off the northeastern coast of Japan's northern main island of Hokkaido.

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U.S. judge expected to rule in favor of Sprint, T-Mobile merger: sources

Tuesday, February 11, 2020, 8:55 PM

U.S. judge expected to rule in favor of Sprint, T-Mobile merger: sources

A federal judge on Tuesday approved wireless carrier T-Mobile US Inc's takeover of Sprint Corp, rejecting a claim by a group of states that said the deal would violate antitrust laws and raise prices. The states maintained that Dish was ill-equipped to become a competitive fourth wireless carrier, noting that it lacks experience, scale and brand recognition in wireless.

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Japan says defence data possibly breached after cyberattacks on Mitsubishi Electric

Tuesday, February 11, 2020, 8:07 PM

Japan says defence data possibly breached after cyberattacks on Mitsubishi Electric

The Japanese defense ministry said late on Monday that sensitive-data on defense equipment may have been breached as a result of cyberattacks on Mitsubishi-Electric-Corp, a major supplier of the country's defense and infrastructure systems. The company has told the ministry that potentially stolen data included requirements for defense equipment that ministry specified for contract bidders in October 2018, the ministry said in a statement.

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