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Search resuls for: "Peter Landers"


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Planes Come Into Contact at Snowy Japan Airport
  + stars: | 2024-01-16 | by ( Miho Inada | Peter Landers | ) www.wsj.com   time to read: 1 min
Planes belonging to Korean Air, left, and Cathay Pacific, right, after a collision at a Japanese airport. Photo: KYODO NEWS/ASSOCIATED PRESSTOKYO—A Korean Air jet that was moving away from the gate in heavy snow touched a Cathay Pacific plane at an airport in northern Japan on Tuesday, the airlines said. No one was hurt and there was no fire, officials said. Korean Air said the incident happened about 5:35 p.m. at New Chitose Airport near Sapporo on the northern island of Hokkaido. The Korean Air Airbus A330, scheduled to fly to Seoul with 276 passengers and 13 crew aboard, had just departed the gate and was in pushback, meaning it was getting into position to head to the runway with help from a ground handler vehicle.
Organizations: Korean Air, Cathay, KYODO, New, Korean Air Airbus Locations: Korean, Cathay Pacific, Japan, New Chitose, Sapporo, Hokkaido, Seoul, pushback
The Land Where Inflation Is Good News
  + stars: | 2023-11-09 | by ( Miho Inada | Peter Landers | ) www.wsj.com   time to read: 1 min
TOKYO—For a quarter-century, Japan tried every trick in the central-banking book to boost prices and jolt its troubled economy back to life. The cure turned out to be pandemic and war. Higher energy and food costs triggered by the Ukraine war, coupled with Covid-era supply-chain snags, are bringing a surprise end to the long, bleak era of Japanification. Businesses are increasing prices significantly, and wages have begun inching up.
Locations: TOKYO, Japan, Ukraine
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/asia/japan-seeks-to-dissolve-moon-church-after-pleas-of-abe-assassination-suspect-3fe789a8
Persons: Dow Jones, abe Locations: asia, japan
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/china/americas-warrior-diplomat-rahm-emanuel-takes-on-chinas-xi-personally-19edc16e
Persons: Dow Jones, emanuel, 19edc16e
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/world/asia/u-s-china-try-to-draw-nations-to-their-side-as-divisions-harden-43f1ffd3
Persons: Dow Jones Locations: asia
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/japans-plan-to-become-a-chipmaking-champ-hinges-on-this-football-loving-engineer-1b1911ab
Persons: Dow Jones, 1b1911ab
Japan’s central bank forecasts that output will grow 1.4% in the fiscal year ending next March, surpassing the prepandemic peak. Photo: kimimasa mayama/ShutterstockTOKYO—You would think this was the capital of a fast-growing Asian tiger economy the way American CEOs are flocking here these days. Apple ’s Tim Cook , Google’s Sundar Pichai , OpenAI’s Sam Altman , Intel’s Patrick Gelsinger and Warren Buffett are among the bosses to show up in recent months. Better reserve in advance if you want the hotel’s executive suite.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/ibm-google-give-150-million-for-u-s-japan-quantum-computing-push-as-china-looms-26e614d4
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/in-hiroshima-biden-will-meet-leader-whose-family-knew-atomic-bomb-tragedy-db677b53
G-7 leaders are expected to visit Hiroshima’s Peace Memorial Park during their meeting that starts Friday. Photo: richard a. brooks/Agence France-Presse/Getty ImagesNearly 78 years ago, around a Hiroshima bridge not far from where President Biden is scheduled to meet world leaders this week, a 4-year-old boy named Eiji Kishida was walking with his mother. The U.S. atomic bomb dropped by the Enola Gay exploded above them, less than a mile away. An aunt of the boy who was also in Hiroshima that day recounted what she saw when she found Eiji soon afterward. He kept begging for water in a faint voice until his death released him from agony.”
Florida Gov. Ron DeSantis is on a four-nation tour of U.S. allies. Ron DeSantis said he wasn’t a candidate for president, but he got a welcome worthy of an American political VIP Monday in Japan, his first stop on an around-the-world tour. Striding into the prime minister’s office holding the hand of his wife, Casey, Mr. DeSantis held a roughly 40-minute meeting with Prime Minister Fumio Kishida . He said they discussed North Korean leader Kim Jong Un ’s provocations and the Chinese Communist Party—the sort of issues presidents worry about.
Florida Gov. Ron DeSantis is on a four-nation tour of U.S. allies. Ron DeSantis said he wasn’t a candidate for president, but he got a welcome worthy of an American political VIP Monday in Japan, his first stop on an around-the-world tour. Striding into the prime minister’s office holding the hand of his wife, Casey, Mr. DeSantis held a roughly 40-minute meeting with Prime Minister Fumio Kishida . He said they discussed North Korean leader Kim Jong Un ’s provocations and the Chinese Communist Party—the sort of issues presidents worry about.
Japanese Prime Minister Fumio Kishida in Tokyo on Thursday. Photo: Eugene Hoshiko/Associated PressTOKYO—Japanese Prime Minister Fumio Kishida said he would lead the Group of Seven nations in advocating for greater protection for journalists and the release of Russian political prisoners after Moscow detained Wall Street Journal reporter Evan Gershkovich. Japan holds the presidency of the G-7 this year and Mr. Kishida will host a summit of leaders including President Biden in Hiroshima from May 19 to May 21.
TOKYO—A man tossed an apparent smoke bomb near Prime Minister Fumio Kishida on Saturday at a campaign stop. Mr. Kishida was unhurt and the man was arrested. Footage on public broadcaster NHK showed a commotion after the man threw an object into the air and he was wrestled to the ground by at least one bystander and security personnel. About 50 seconds after the commotion began, there was the sound of an explosion and smoke filled the air.
Japanese Prime Minister Fumio Kishida in Wakayama prefecture on Saturday. TOKYO—Prime Minister Fumio Kishida was rushed away from a campaign stop on Saturday after the sound of a bang nearby, and a suspect at the scene was arrested, according to footage aired on public broadcaster NHK. NHK said no one was injured in the incident at around 11:30 a.m. Saturday.
Access to liquefied natural gas from Russia’s Far East is a priority for Japan’s government. TOKYO—The U.S. has rallied its European allies behind a $60-a-barrel cap on purchases of Russian crude oil, but one of Washington’s closest allies in Asia is now buying oil at prices above the cap. Japan got the U.S. to agree to the exception, saying it needed it to ensure access to Russian energy. The concession shows Japan’s reliance on Russia for fossil fuels, which analysts said contributed to a hesitancy in Tokyo to back Ukraine more fully in its war with Russia.
TOKYO—Japan said it would restrict the export of advanced semiconductor equipment, a measure that could hamper development of China’s industry and marks a further cooling of relations after the detention of a Japanese pharmaceutical-company employee in Beijing. Foreign Minister Yoshimasa Hayashi will visit Beijing Saturday to meet with his Chinese counterpart, the Japanese government said Friday. It didn’t disclose the purpose of the visit, the first by a Japanese foreign minister to China since December 2019, but Tokyo has called for the quick release of the detained Japanese man.
TOKYO—Japan said it would restrict the export of advanced semiconductor equipment, a measure that could hamper development of China’s industry and marks a further cooling of relations after the detention of a Japanese pharmaceutical-company employee in Beijing. Foreign Minister Yoshimasa Hayashi will visit Beijing Saturday to meet with his Chinese counterpart, the Japanese government said Friday. It didn’t disclose the purpose of the visit, the first by a Japanese foreign minister to China since December 2019, but Tokyo has called for the quick release of the detained Japanese man.
Being able to set the nation’s own trade policy was a key economic draw for many who supported the U.K. leaving the European Union. The U.K. government said it had struck a deal to join the Pacific trade alliance the U.S. exited under former President Donald Trump, as Britain looks to diversify trade away from Europe after Brexit. The U.K. will become the first European country to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, known as the TPP. The club of 11 countries largely spans the Indo-Pacific region and includes nations such as Japan, Canada, Chile and Vietnam.
Toshiba Announces $15 Billion Plan to Be Taken Private
  + stars: | 2023-03-23 | by ( Peter Landers | ) www.wsj.com   time to read: 1 min
Visitors explored the Toshiba booth at the International Nanotechnology Exhibition and Conference in Tokyo last month. TOKYO—Japanese industrial conglomerate Toshiba Corp. said Thursday it has agreed to a deal worth ¥2 trillion, equivalent to $15 billion, to take the company private. Toshiba said the buyout would be led by Japan Industrial Partners Inc., a Tokyo-based investment fund. It said the buyers were offering ¥4,620 a share, about 10% above the closing price of ¥4,213 in Tokyo Stock Exchange trading Thursday. That values the company at about ¥2 trillion.
Kenzaburo Oe was the second Japanese writer to win the Nobel Prize in literature. TOKYO— Kenzaburo Oe , a Japanese Nobel Prize-winning novelist whose political works addressed what he saw as the danger of failing to learn the lessons of World War II, has died at age 88. Mr. Oe’s publisher, Kodansha, said Monday that he died of old age on March 3.
Russia’s invasion of Ukraine produced the opposite of what Moscow’s foreign policy had long sought by driving its neighbors into NATO. After boosting its military, China is now seeing a similar strengthening of U.S.-led alliances in the Pacific. The rapprochement between Seoul and Tokyo, reflected in a plan released Monday by Seoul to compensate South Koreans forced to work in Japan during World War II, marks the latest example of U.S. friends and allies in Asia building a network of ties in a way that is unwelcome in Beijing.
Kazuo Ueda was nominated by the government this month as the next governor of the Bank of Japan. TOKYO—Japan’s core inflation rate hit a four-decade high of 4.2% in January, but the nominee to lead the Bank of Japan said he expected it to fall and didn’t think an interest-rate increase was needed. Core consumer prices—which Japan defines as all prices excluding fresh food—rose at the fastest pace since September 1981 but came in slightly below the consensus forecast. It was the 10th consecutive month that inflation exceeded the Bank of Japan’s 2% target.
Departing Bank of Japan Gov. Haruhiko Kuroda admitted that he fell short of his promise to generate sustainable 2% inflation. TOKYO—The next Bank of Japan governor is likely to find a challenge similar to the one that faced departing Gov. Haruhiko Kuroda when he arrived a decade ago: stubbornly low inflation and a sluggish economy to go with it. The difference is that Kazuo Ueda , expected to be nominated Tuesday to succeed Mr. Kuroda, will take office with less confidence that Japan’s central bank can fix those problems, which date to the 1990s.
TOKYO—The expected nominee to lead the Bank of Japan , a longtime advocate of aggressive monetary policy, said Friday he wanted to continue the low-interest rate stance of the current governor. The government has decided to nominate Kazuo Ueda , a former University of Tokyo professor who served on the BOJ’s policy board from 1998 to 2005, as the next governor, said a person briefed on the appointment and public broadcaster NHK.
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