Japanese refiners gathering info after attack in Saudi Arabia; government may release oil reserves
Oil refiners in Japan, the world's fourth-biggest importer of crude oil, are gathering information on supplies from Saudi Arabia following an attack on the kingdom's key crude oil facilities over the weekend, company officials said Tuesday. The attack on state-owned producer Saudi Aramco's crude processing ...
Japan asks South Korea to explain decision to revoke top-tier trade partner status
In the latest escalation in the feud between the Asian neighbors, the Japanese industry ministry on Tuesday questioned the rationale behind South Korea's decision in mid-August to remove Japan from a list of its preferred trading partners. The Ministry of Economy, Trade and Industry submitted ...
METI chief and French counterpart affirm support for Nissan-Renault amid rapid industry changes
The Japanese and French economy ministers agreed Monday to support the alliance between Nissan Motor Co. and Renault SA in its bid to improve competitiveness in an auto industry rapidly shifting to electrified and self-driving vehicles, the Ministry of Economy, Trade and Industry said. The ...
Olympics traffic control test involving reserved coin-operated parking conducted in Tokyo
A public-private council that includes the transport ministry and the Tokyo Games organizing committee conducted a test Saturday to assess the effectiveness of making coin-operated parking lots reservation-only as one of the traffic control measures during the 2020 Olympics and Paralympics. The idea is to ...
Japan OKs first shipment of high-tech chemical to South Korea under tightened controls
Trade minister Hiroshige Seko rejected criticism of the recent decision to scrub South Korea from the so-called whitelist of countries cleared for preferential export screenings.
Japan officially approves scrubbing South Korea from 'white list' of countries
In response, South Korean President Moon pledged countermeasures that might affect military information exchanges with Japan — a key part of their three-way security pact with the U.S.
Tokyo and Seoul give dueling accounts of talks amid export row
South Korean officials say they asked Japan to lift strict controls on high-tech exports, rejecting claims by Tokyo that no such demand was made.
Japanese government played hidden role in breakdown of Fiat-Renault deal
Concerned that a merger could harm Nissan Motor Co., the Japanese government played a role in the breakdown of talks between Renault SA and Fiat Chrysler Automobiles NV.
Japan to partially end feed-in tariff system for electricity from renewable sources
Japan's industry ministry plans to partially end the country's feed-in tariff program, under which electricity produced by businesses and others from renewable energy sources — such as from solar and wind — is bought by power suppliers at fixed rates, it has been learned. To ...
Japan mandates that automakers improve fuel efficiency 30% by fiscal 2030
The government has compiled fuel economy regulations for new vehicles obliging automakers to improve fuel efficiency by 30 percent on average by fiscal 2030 from fiscal 2016 levels. The government is also aiming to raise the proportion of all-electric vehicles and plug-in hybrid vehicles to ...
New consortium to accelerate climate-related corporate disclosures in Japan
A consortium designed to facilitate corporate information disclosures on climate change was launched Monday — a move aimed at encouraging financial institutions to make investments based on climate risks. The body is expected to provide financial institutions with better access to information on how the ...
Japanese and French ministers reaffirm support for Nissan-Renault alliance
Economy minister Hiroshige Seko and his French counterpart, Bruno Le Maire, reaffirmed on Wednesday the two governments' support for the Nissan Motor Co.-Renault SA alliance. "We reconfirmed our strong support for their shared will to continue and strengthen their cooperative ties," Seko told reporters after ...
