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☆ How this cult Japanese artist’s eerie paintings foretold our digital malaise
▼ + stars: | 2024-02-21 | by ( Christy Choi | ) edition.cnn.com time to read: +10 min

CNN —In the land of Hello Kitty, kawaii (“cute”) culture and the Neo-Pop art of 1990s Japan, Tetsuya Ishida was an outlier. An untitled 2004 acrylic and oil painting by late Japanese artist Tetsuya Ishida from the Gagosian retrospective "My Anxious Self." Ishida, who had gone to art school, worked part-time at a print shop and as a night security guard. Many of the 200 or so paintings Ishida completed in his lifetime portray the gloom of becoming a cog in the economic machine. Another painting entitled "Gripe," painted by Ishidia in 1996, portrays a Japanese salaryman with lobster claws for hands.

Persons: kawaii, Tetsuya Ishida, wasn’t, Japan’s “, Gripe, ”, Gulliver, Tetsuya Ishida's, Gagosian, ” Nick Simunovic, “, ” Gagosian, Simunovic, Ishida, ” Simunovic, Gagosian Ishida, Jacky Ho, ‪, Martin Wong, Ishidia, Cecilia Alemani, ” Ishida, Robert McKeever, Tamaki Saito, didn’t, Sharp, Japan's, claustrophobia, Takashi Murakami, Yoshimoto Nara, ” Alemani, Alemani Organizations: CNN, Asia, Art, San Francisco Asian Art Museum, Venice Biennale, Hong Kong, Christie’s Asia, Japan Inc, dehumanization, Gagosian's, Sony Locations: Japan, Japanese, Japan’s, Gagosian, New York, Venice, Sotheby’s, Christie’s, Tokyo, , York

☆ Australia's Resources Minister Seeks Investment From S.Korea, Japan
▼ + stars: | 2024-01-28 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +2 min

MELBOURNE (Reuters) - Australia's resources minister has begun a week long trip to South Korea and Japan to discuss gas exports and critical minerals opportunities, as its government on Monday released a "prospectus" of 52 investment ready critical minerals projects. "Australia's critical minerals are key to the world's energy transformation," said Minister Madeleine King in a statement. King will be meeting Japan's trade minister Ken Saito, and South Korean trade and energy minister Duk-geun Ahn, she said in a statement. The minister is also expected to engage her counterparts on natural gas as Australia develops its future gas policy, given both nations are large customers of the major exporter. Already this year, a string of Australian nickel projects have been iced, including part of BHP's operations in the state of Western Australia.

Persons: Madeleine King, King, Ken Saito, geun Ahn, Melanie Burton, Christopher Cushing Organizations: MELBOURNE Locations: South Korea, Japan, Korean, Australia, Western Australia, Australian

☆ Last letters from Japan’s young kamikaze pilots offer rare WWII insights
▼ + stars: | 2024-01-15 | by ( Brad Lendon | ) edition.cnn.com time to read: +10 min

But these are some of the real faces of the kamikaze that line the walls of the Kanoya Air Base museum and the Chiran Peace Museum, both located on Japan’s Kyushu island. Three women look at photos of Japanese kamikaze pilots, who gave their lives in WWII suicide attacks against US forces, hanging on a wall at the Chiran Peace Museum. A re-creation of a bunker where kamikaze pilots spent their last night before their missions on the grounds of the Chiran Peace Museum. Brad Lendon/CNNAlso among the pictures on the walls of the Chiran museum is one of an American, Capt. Kenta Torihama, great-grandson of Tome Torihama, a confidant of the kamikaze pilots, outside his restaurant near the Chiran Peace Museum.

Persons: It’s, David Guttenfelder, Yasuo Tanaka, Torao Kato, “, –, Yoshio Itsui, Itsui, ” Itsui, ‘, ”, Brad Lendon, Masaji, ” Takano, Adm, Takijiro, General Yoshisugu Saito, Shigeaki, Tome Torihama, Kenta Torihama, it’s, Saigo Takamori, Saigo Organizations: Japan CNN, Kanoya Air Base, Self, Defense Force, Young Boy Pilots, CNN, US Army, Pacific, Visitors, Kanoya, Base, US Navy, Heritage Command, US Defense Department, Atomic Heritage Foundation Locations: Kagoshima, Japan, Kyushu, Chiran, Hawaii, Europe, Okinawa, Imperial, East, Southeast Asia, Saipan, American, Taiwan, Philippines, Kagoshima prefecture, Kagoshima city, Fukuoka

☆ Japan-led navy exercise starts with Philippines observing for first time
▼ + stars: | 2023-11-11 | by ( Sakura Murakami | ) www.reuters.com time to read: +2 min

F-35C stealth jet sits on deck of USS Carl Vinson in the Western Pacific, south of Japan, November 30, 2021. REUTERS/Tim Kelly/File Photo Acquire Licensing RightsABOARD USS CARL VINSON, Nov 11 (Reuters) - Japan's navy on Saturday announced the start of a joint annual military exercise, with the Philippines observing the operations for the first time as the two countries seek closer maritime cooperation. The Japan-led Annualex exercise started on Friday with operations conducted by the naval forces of the United States, Australia and Canada, with the Philippines attending as an observer, Japan Maritime Self-Defence Force Vice Admiral Akira Saito told reporters. Last week, Japan said it would provide radar systems to the Philippines to bolster its security. So I'm thrilled that Japan invited the Philippines to observe this year," Vice Admiral of the U.S.

Persons: Carl Vinson, Tim Kelly, CARL VINSON, Akira Saito, Saito, I'm, U.S . Seventh Fleet Karl Thomas, Sakura Murakami, David Holmes Organizations: REUTERS, Saturday, Self, Defence Force, U.S . Seventh Fleet, East China, South China, Thomson Locations: Pacific, Japan, Philippines, United States, Australia, Canada, U.S, China, East, South

☆ Yoko Ono and the Women of Fluxus Changed the Rules in Art and Life
▼ + stars: | 2023-10-27 | by ( Martha Schwendener | ) www.nytimes.com time to read: +1 min

Sitting onstage at Carnegie Hall while audience members come up to snip her clothing off with scissors. These are some of the actions taken in the name of art in “Out of Bounds: Japanese Women Artists in Fluxus” at the Japan Society, an exhibition that focuses on four revolutionary women, Shigeko Kubota, Takako Saito, Mieko Shiomi, and one you’ve probably heard of before, Yoko Ono. Fluxus was founded in the early 1960s and paved the way for Conceptual art, Minimalism, performance and video. But by focusing on four Japanese women, the show asks: Who stands the test of time? Was Fluxus really a blueprint for the future?

Persons: Shigeko Kubota, Takako Saito, Mieko Shiomi, Yoko Ono, John Cage, Midori Yoshimoto, Tiffany Lambert, Ayaka Iida Organizations: Carnegie Hall, Artists, Fluxus, Japan Society

TOKYO, Oct 25 (Reuters) - Kokusai Electric (6525.T) shares jumped 29% in their Tokyo market debut on Wednesday after private equity firm KKR sold shares in the chip equipment maker for $724 million in Japan's largest initial public offering (IPO) in five years. The stock opened at 2,116 yen and climbed to a high of 2,371 yen, valuing the company at 546.3 billion yen ($3.65 billion), as investors grabbed shares following the rare IPO of a key chip tool manufacturer. "The market for chip related stocks outside of AI is weak so some were wondering what would happen," said Tomoichiro Kubota, analyst at Matsui Securities. KKR agreed to buy Hitachi's (6501.T) electronic equipment unit in 2017 in a deal valuing the business at 257 billion yen ($1.72 billion) as the conglomerate streamlined operations. The private equity group then spun off Kokusai, which manufactures machines for depositing thin films on silicon wafers, the following year.

Persons: telco, Tomoichiro Kubota, Kazuyoshi Saito, Warren Buffett, Sam Nussey, Miho Uranaka, Mayu, Makiko Yamazaki, Chang, Ran Kim, Sonali Paul Organizations: KKR, telco SoftBank Corp, Matsui Securities, Reuters, Iwai Cosmo Securities, Materials, Equity, Thomson Locations: TOKYO, Tokyo, China, Japan

PENROSE, Colo. (AP) — Authorities are investigating the improper storage of human remains at a southern Colorado funeral home that performs “green” burials without embalming chemicals or metal caskets. The investigation centers on a building owned by the Return to Nature Funeral Home outside Colorado Springs in the small town of Penrose. Under Colorado law, green burials are legal but state code requires that any body not buried within 24 hours must be properly refrigerated. Under Colorado law, green burials are legal but state code requires that any body not buried within 24 hours must be properly refrigerated. The Return to Nature Funeral Home was licensed in Colorado Springs in 2017.

Persons: PENROSE, Joyce Pavetti, “, ”, Pavetti, Ron Alexander, Paul Saito Kahler, Hallfordhomes, Amy Beth Hanson, Mead Gruver, Matthew Brown, Jennifer Farrar Organizations: —, Deputies, Investigators, Fremont County Sheriff’s, . Navy, Nature, Pikes, Colorado, Hallfordhomes, Colorado Springs, Associated Press Locations: Colo, Colorado, Colorado Springs, Penrose, Fremont County, Fountain , Colorado, Fremont, Helena , Montana, Cheyenne , Wyoming, Billings , Montana, New York

☆ Japan sees rare strike as workers at landmark department store protest sale
▼ + stars: | 2023-08-31 | by ( Mariko Katsumura 清水律子 | Mariko Katsumura | ) www.reuters.com time to read: +4 min

The slogan on the banner in the centre reads, 'Sogo & Seibu, strike solidarity'. This one-day strike - the first at a major Japanese department store in 61 years - followed months of negotiations between Sogo & Seibu management and the workers' union. Other Seibu and Sogo department stores were open for business as usual. "Considering the industry's difficulties, the conditions at Sogo & Seibu are not unique." Sogo & Seibu has been in the red for the last four years and has some 300 billion yen in debt.

Persons: Satomi Saito, Isetan Mitsukoshi, Daimaru, Wakana Shuto, Ritsuko Shimizu, Mariko Katsumura, Kaori Kaneko, Rocky Swift, Chang, Ran Kim, Edwina Gibbs Organizations: Sogo, Seibu, company's, Kyodo, Workers, Fortress Investment Group, Yodobashi Holdings, Yodobashi, Hankyu Hanshin, Rikkyo, Thomson Locations: Tokyo, Japan, U.S, TOKYO, Ikebukuro, Sogo

The renewed discussion hasn’t done much to revive the prospects of Japan’s own Communist Party, however. Mr. Saito is not a fan of the group, which he sees as well-meaning but stale. And even in rich nations, he does not call for people to give up their creature comforts. He recently moved into a three-story home in an upscale neighborhood on the outskirts of Tokyo and drives a compact Toyota. Achieving degrowth communism, he believes, is less about personal choices and more about changing overarching political and economic structures.

Persons: Saito, Mahbub ul Haq Organizations: Communist Party, Chinese Communist Party, Toyota, United Nations Locations: Soviet Union, Tokyo, G.D.P

☆ Japan factory output rises 2% in June as demand buoys manufacturers
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

TOKYO, July 31 (Reuters) - Japanese factory output improved in June for the first time in two months, government data showed on Monday, highlighting growing confidence among manufacturers buoyed by strong demand. Output rose 2.0% in June from a month prior on a seasonally adjusted basis, missing the 2.4% median market forecast. Electronic components and devices output rose 6.8% as shipments of capacitors used in smartphones increased, the METI official said. Manufacturers surveyed by METI expected output to fall 0.2% in July and increase 1.1% in August, the data also showed. Separate data showed retail sales rose 5.9% in June from a year earlier, in line with economist forecasts.

Persons: Taro Saito, METI, We'll, Satoshi Sugiyama, Kim Coghill, Christopher Cushing Organizations: NLI Research, Bank of, Reuters, Ministry, Economy, Trade, Industry, Toyota, Honda, Nissan, Manufacturers, Thomson Locations: TOKYO, Japan

☆ Silkworm sashimi, cricket curry on menu as bugs make a comeback in Japan
▼ + stars: | 2023-07-26 | by ( ) www.reuters.com time to read: +3 min

[1/5] Almond tofu with beetle larvae is pictured at Take-Noko cafe in Tokyo, Japan, July 21, 2023. REUTERS/Kim Kyung-HoonTOKYO, July 26 (Reuters) - On a recent vacation in Tokyo, Takumi Yamamoto opted for a special lunch of cricket curry and silkworm sashimi, washed down with a water bug cider. In particular, the water bug cider was quite refreshing and delicious, like a green apple." While some consumers think eating insects is just gross, Japan has a rich culinary history of insects as food. The delicate "sashimi" is the left-over casing of silkworms, and the cider is infused with water bug extract and topped with a whole insect, said to taste like shrimp.

Persons: Kim Kyung, Hoon, Takumi Yamamoto, Yamamoto, Entomophagy, Michiko Miura, Miura, Takeo Saito, Saito, Rocky Swift, Tom Bateman, Miral Organizations: REUTERS, United, Grasshoppers, Nippon Telegraph, Telephone, Takeo, Thomson Locations: Tokyo, Japan, Hoon TOKYO, Hyogo, United Nations, silkworms, Pasco

☆ Exclusive: Wagner fighters neared Russian nuclear base during revolt
▼ + stars: | 2023-07-10 | by ( ) www.reuters.com time to read: +20 min

Reuters GraphicsOnce the Wagner fighters reach more rural regions, the surveillance trail goes cold – about 100 km from the nuclear base, Voronezh-45. But in an exclusive interview, Ukraine's head of military intelligence, Kyrylo Budanov, said that the Wagner fighters went far further. The only barrier between the Wagner fighters and nuclear weapons, Budanov said, were the doors to the nuclear storage facility. It is one of Russia's 12 "national-level storage facilities" for nuclear weapons, according to a report by U.N. scientists. Another female resident also said Wagner had widespread support in the town, and that many Wagner fighters are from Boguchar.

Persons: Wagner, Ukraine's, Kyrylo Budanov, Budanov, Alexander Lukashenko, Adam Hodge, Yevgeny Prigozhin, Matt Korda, Vladimir Putin's, Hans Kristensen, David Jonas, Amy Woolf, Jonas, Prigozhin, Dmitry Utkin, Putin, Sergei Shoigu, Staff Valery Gerasimov, Shoigu, Oleksiy Danilov, Don, Anna Sandrakova, Maxim Yantsov, Mikhail Vedernikov, Talovaya, Alexei Yablokov, Kristensen, Alexsandr Lukashenko, Dmitry Peskov, Lukashenko, he's, Mari Saito, Tom Balmforth, John Shiffman, Phil Stewart, Polina, Maria Tsvetkova, Anton Zverev, Christian Lowe, David Gauthier, Stephen Grey, Reade Levinson, Eleanor Whalley, Milan Pavicic, Daria Shamonova, Janet McBride Organizations: Reuters, Kremlin, Belarusian, U.S, White, National Security, Nuclear, Federation of American, Federation of American Scientists, U.S . National Nuclear Security Administration, Library, Congress, Wagner, State, Staff, Russian, Defence Ministry, Defence Council, Main, Russian Defence, U.S . Congress, Telegram, Thomson Locations: Moscow, Russian, Voronezh, United States, Ukraine, Russia, Rostov, Talovaya, Soviet, Washington, dabble, Syria, Libya, Mali, ., Pavlovsk, Elizavetovka, Vorontsovka, Buturlinovka, Talovaya district, Pskov, Soviet Union, Belarus, Minsk, he's, St Petersburg, Kyiv, London, New York, Paris, Villars, Istanbul, Gdansk

Global financial markets have been closely watching Japan's wage data, as Bank of Japan Governor Kazuo Ueda regards pay growth as a key gauge to consider in deliberations about a shift in policy. Regular wages rose 1.8% in May from a year before, labour ministry data showed, the biggest gain since February 1995. The strong base pay growth boosted worker's total cash earnings, or nominal wages, by 2.5% in May, after a revised 0.8% increase logged in April. Still, real wages contracted 1.2% in May, the 14th consecutive month of year-on-year declines, as relentless consumer inflation outstrips nominal pay growth and squeezes households' buying power. On a seasonally adjusted month-on-month basis, household spending was down 1.1%, versus an estimated 0.5% gain to mark a fourth month of decline.

Persons: Kazuo Ueda, Kuroda, Hisashi Yamada, Rengo, Takumi Tsunoda, Shinichi Uchida, Taro Saito, Satoshi Sugiyama, Kantaro, Tetsushi Kajimoto, Sam Holmes Organizations: Global, Bank of Japan, Hosei University, Shinkin Central Bank Research, Nikkei, BOJ's, NLI Research, Thomson Locations: TOKYO

TOKYO, June 6 (Reuters) - Japan's Nikkei index extended its climb to scale a near 33-year high on Tuesday, with trading houses and Uniqlo operator Fast Retailing leading the gains on technical support for heavyweight shares ahead of the fixing of special quotation prices. The Nikkei (.N225) recouped from early losses to close nearly 1% higher at 32,506.78. Shares of Fast Retailing (9983.T) climbed 1.73%, contributing the most to the Nikkei's advance, while trading company Mitsui & Co (8031.T) jumped 3.86%. Trading houses (.IWHOL.T) and mining companies (.IMING.T) led gains among the 33 industry sub-indexes on the Tokyo Stock Exchange, rising 2.5%. read moreReporting by Rocky Swift and Nobuyo Saito in Tokyo; Editing by Rashmi Aich and Sherry Jacob-PhillipsOur Standards: The Thomson Reuters Trust Principles.

Persons: speculatively, Takashi Nakamura, Mio Kato, Nitto Denko, Rocky Swift, Nobuyo Saito, Rashmi Aich, Sherry Jacob, Phillips Organizations: Nikkei, Tokai Tokyo Research, Retailing, Mitsui & Co, Mizuho Financial Group, LightStream, Tokyo Stock Exchange, Apple, Thomson Locations: TOKYO, Japan, Tokyo

The logo of Russia’s state gas company Gazprom was emblazoned on the shirts of players at the soccer club Toennies chaired. In Germany, Toennies’ story is far from unique. At the centre of Gazprom’s influence campaign was Schalke 04, the soccer club Toennies chaired at the time and which Gazprom began sponsoring in 2006. Russian gas imports have dropped dramatically and Germany is supplying tanks and other weapons systems to Ukraine. In 2001 Toennies assumed another of his older brother’s roles – chairman of soccer club Schalke 04.

Persons: Clemens Toennies, Vladimir Putin, Toennies, Willy Brandt, ”, Putin, Sberbank, Angela Merkel, “, ” Merkel, Bernd, Clemens, Putin’s, Alexei Gromov, Gromov, Gerhard Schroeder, Schroeder Organizations: Gazprom, Toennies, Schalke, Gazprom’s, Reuters, Miele, Volkswagen, Deutsche Telekom, ” Schalke, Chelsea, Kremlin, Former Locations: WIEDENBRUECK, Germany, Russia, Russian, Moscow, Ukraine, Berlin, Russians, Crimea, Gazprom, Rheda, German, Europe, Nord Stream, Dresden

That man was the military commandant of Balakliia, a key figure in Russia’s six-month occupation of the eastern Ukrainian town. Town residents knew the commandant only by his call sign of “Granit,” the Russian word for granite, as Reuters reported in an October investigation into Moscow’s withdrawal from the town. One of the documents listed Valery Sergeyevich Buslov as among the Russian officers present in Balakliia, stating his role was military commandant. He has served as the Kaliningrad garrison’s military commandant, responsible for maintaining discipline among troops and sailors stationed there, according to a 2019 military newspaper article. By May, the military commandant had arrived in Balakliia, according to Oleksandr, one of the two female residents and another local woman.

REUTERS/StringerSummary Prosecutors say officers took computers, documentsKolbasnikova: German authorities "committing lawlessness"Urges supporters to rally in CologneBERLIN/NEW YORK, March 27 (Reuters) - German prosecutors said on Monday they searched the home of two pro-Kremlin activists, looking for evidence to corroborate a Reuters report that the couple donated cash to buy radios for Russian soldiers in Ukraine. Under German law, the criminal penalty for anyone found to have violated sanctions is up to five years in prison. Ulf Willuhn, a representative of the Cologne public prosecutors, said officers executed a search warrant on Monday morning at the couple's address, and took computers and folders containing written documents. Kolbasnikova and Schlund did not immediately respond to requests for comment that Reuters sent to them on messaging apps. A spokeswoman for Russia's foreign ministry, Maria Zakharova, said this month that Kolbasnikova was the victim of persecution by the German authorities.

☆ Why business is like baseball, according to this Japanese CEO
▼ + stars: | 2023-03-24 | by ( ) www.cnbc.com time to read: 1 min

Yoshitake Saito, president and CEO of Evident Corp., said the same is true of business too. In fact, he said that people should train themselves like baseball players. Only 20%," Saito told CNBC's My Biggest Lessons. And if Japan's third title at the World Baseball Classic is anything to go by, the strategy is certainly effective. This is just one of Yoshitake Saito's five biggest lessons.

[1/2] Word "Oil" and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/FilesFeb 17 (Reuters) - Oil prices were on track for weekly losses of 2.5% as strong U.S. economic data heightened concerns that the Federal Reserve would further tighten monetary policy to tackle inflation, a move that could hit fuel demand. Data showed that the U.S. producer price index (PPI) rose 0.7% in January, after declining 0.2% in December. "Crude oil prices were also lower due to risk-off trades following the selloff on Wall Street following the PPI data and a strong U.S. dollar," Teng said. Oil prices have seesawed over the past weeks between fears of a recession hitting the United States amid inflation-fighting rate hikes and hopes for a pick-up in demand in China, the world's top oil importer.

☆ Oil prices fall as U.S. rate hike worries overshadow demand outlook
▼ + stars: | 2023-02-17 | by ( ) www.cnbc.com time to read: +2 min

Oil prices slid on Friday and were on track for weekly losses as strong U.S. economic data heightened concern that the Federal Reserve will continue tight monetary policy to tackle inflation, which could hit fuel demand even as crude stockpiles grow. "Strong U.S. data bolstered concerns over rate hikes and prompted a rise in U.S. Treasury yields, which weighed on oil and other commodity prices," said Kazuhiko Saito, chief analyst at Fujitomi Securities. A build in U.S. crude stockpiles also added to pressure, he said. The Energy Information Administration (EIA) on Wednesday reported U.S. crude oil stockpiles last week rose to their highest level since June 2021 after a larger-than-expected build. Oil prices have seesawed over the past weeks between fears of a recession hitting the United States amid inflation-fighting rate hikes and hopes for a pick-up in demand in China, the world's top oil importer.

[1/2] Word "Oil" and stock graph are seen through magnifier displayed in this illustration taken September 4, 2022. REUTERS/Dado Ruvic/Illustration/FilesFeb 17 (Reuters) - Oil prices were on track for weekly losses as strong U.S. economic data heightened concerns that the Federal Reserve would further tighten monetary policy to tackle inflation, a move that could hit fuel demand even as crude stockpiles grow. Data showed that the U.S. producer price index (PPI) rose 0.7% in January, after declining 0.2% in December. "Crude oil prices were also lower due to risk-off trades following the selloff on Wall Street following the PPI data and a strong U.S. dollar," Teng said. Oil prices have seesawed over the past weeks between fears of a recession hitting the United States amid inflation-fighting rate hikes and hopes for a pick-up in demand in China, the world's top oil importer.

☆ Japan logs record merchandise trade deficit in January as export growth slows
▼ + stars: | 2023-02-16 | by ( ) www.cnbc.com time to read: +2 min

A flag of Japan flies near cargo containers at Tokyo's Odaiba Waterfront on August 6, 2020. Growth in Japan's merchandise exports slowed sharply in January amid weakening Chinese demand for cars and chipmaking machinery, stoking concern about a global slowdown and creating the country's largest trade deficit on record. Trade figures issued on Thursday followed weaker-than-expected gross domestic product data, underscoring the challenge for the Bank of Japan in achieving growth led by private demand while stably sustaining inflation above 2%. "In a nutshell, exports are weakening," said Taro Saito, chief economist at NLI Research Institute. The result was a 3.49 trillion yen ($26.07 billion) deficit in merchandise trade in January, the biggest in records going back to 1979, the data showed.

☆ Japan logs record merchandise trade deficit in Jan as export growth slows
▼ + stars: | 2023-02-16 | by ( Tetsushi Kajimoto | ) www.reuters.com time to read: +3 min

Summary Jan merchandise exports +3.5% yr/yr vs forecast +0.8%Imports +17.8% yr/yr vs forecast +18.4%Trade deficit at record Y3.49 trln vs forecast Y3.87 trillionCommodity inflation peaking but trade deficit to linger -analystTOKYO, Feb 16 (Reuters) - Growth in Japan's merchandise exports slowed sharply in January amid weakening Chinese demand for cars and chipmaking machinery, stoking concern about a global slowdown and creating the country's largest trade deficit on record. Trade figures issued on Thursday followed weaker-than-expected gross domestic product data, underscoring the challenge for the Bank of Japan in achieving growth led by private demand while stably sustaining inflation above 2%. The result was a 3.49 trillion yen ($26.07 billion) deficit in merchandise trade in January, the biggest in records going back to 1979, the data showed. Data issued on Monday showed Japan's economy, the world's third largest, had grown at an annualised rate of only 0.6 in the fourth quarter as business investment slumped. Japan reports trade in services separately, in its current account data.

Their messages show they knew the money paid for telecommunications equipment – despite European Union sanctions which restrict the supply of such gear to Russia's military. An EU regulation from Feb. 25, 2022 bans supplying or financing the purchase of certain goods for the Russian military. The office did not reply to a question about Schlund and Kolbasnikova helping buy gear for the Russian military. PROTEST ORGANISERSSchlund, who studied in a Russian military academy, moved to Germany in 2012. He later began a relationship with Kolbasnikova, who is originally from Ukraine and has worked in Germany as a nurse.

☆ Nidec shares slide 7% after profit forecast cut
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +1 min

After markets closed on Tuesday, the company announced a 48% cut to its operating profit forecast for the financial year through March to 110 billion yen ($843 million), well below analysts expectations. The third-quarter result, which saw the Kyoto-based firm report an operating profit of 28 billion yen, down 37% from a year earlier, delivered investors a negative surprise, said Kazuyoshi Saito, senior analyst at Iwai Cosmo Securities. Investors were likely to seek some evidence of the recovery the company is expecting, Saito added. Nidec faces weakening demand in the tech sector due to a downturn in the personal computer and data centre market. ($1 = 130.35 yen)Reporting by Daniel Leussink; Editing by Jacqueline Wong and Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

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