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By Hyonhee ShinSEOUL (Reuters) - The foreign ministers of South Korea, China and Japan meet in South Korea on Sunday, seeking to restart cooperation among the Asian neighbours and pave the way for a trilateral summit. In September, senior officials from the three countries agreed to arrange a trilateral summit at the "earliest convenient time". South Korean Foreign Minister Park Jin met separately on Sunday morning with his Japanese counterparts Yoko Kamikawa and China's Wang Yi. South Korean President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida have taken steps to mend ties frayed by history and trade feuds, and held a historic trilateral summit in August with Biden. Wang warned in July that U.S. efforts to strengthen relations with Seoul and Tokyo could raise regional tension and confrontation.
Persons: Shin, Xi Jinping, Joe Biden, Park Jin, Yoko Kamikawa, China's Wang Yi, Kamikawa, Wang, Yoon Suk Yeol, Fumio Kishida, Biden, Hyonhee Shin, Sam Nussey, William Mallard Organizations: Sunday, South Korean Foreign, South, Kyodo Locations: Shin SEOUL, South Korea, China, Japan, United States, Beijing, Washington, Tokyo, Seoul, Busan, North, Pyongyang, Moscow
CNN —He may have retired from professional baseball four years ago, but Ichiro Suzuki certainly hasn’t lost his appetite for the game. A Japanese high school girls’ team found out just how well he can throw during Ichiro’s annual All-Star game on Tuesday. According to MLB.com, Ichiro threw a 116-pitch, complete game shutout and struck out nine in the 4-0 victory at the Tokyo Dome. When he made the move to the Seattle Mariners in 2001 – becoming the first Japanese position player to sign with an MLB team – Ichiro emphatically made his mark. In addition to the Mariners, Ichiro played for the New York Yankees and Miami Marlins in his MLB career.
Persons: Ichiro Suzuki, hasn’t, Ichiro, Japan –, Daisuke Matsuzaka –, New York Mets –, , ” Ichiro, ” Domae, , – Ichiro, Matsuzaka, Organizations: CNN, of Famer, Major League Baseball, MLB, Boston Red Sox, New York Mets, NHK, Seattle Mariners, Kyodo, TBS, Japan’s Pacific League, American League, Mariners, New York Yankees, Miami Marlins Locations: Japan, Tokyo, Okayama Gakugeikan
Ikeda died on Wednesday evening from natural causes at age 95, Soka Gakkai said in a statement on its website. Soka Gakkai, founded in 1930, says it has 12 million members in 192 countries and territories worldwide. He also founded Soka Gakkai's umbrella organisation, Soka Gakkai International, in 1975, where he served as honorary president from 1979 until his death. But those dropped off in recent years leading to some speculation about his health and role in Soka Gakkai International. In 1947 he met Josei Toda, then leader of the Soka Gakkai organisation, who was to become his mentor.
Persons: Daisaku Ikeda, Ikeda, Zhou Enlai, Mikhail Gorbachev, Arnold Toynbee, Polly Toynbee, Ichi, Josei Toda, Succeeding Toda, Kaneko, Hiromasa, Takahiro, Anton Bridge, David Dolan, William Mallard aand Kim Coghill Organizations: Soka Gakkai, Kyodo, Rights, Soviet, government's, Soka, Soka Gakkai International, SGI, Thomson Locations: Tokyo, Japan, British
China detained the executive, named in several media reports as Hiroshi Nishiyama, on suspicion of espionage in March, and he was formally arrested last month. Japan's then foreign minister protested the executive's detention with his Chinese counterpart on a visit to Beijing in April. China's foreign ministry did not immediately respond to a request for comment. Half the respondents in a recent survey of Japanese companies doing business in China said they would cut investments this year. It's a very difficult point in time to be navigating that as a decision maker, in business or politics," he said.
Persons: Fumio Kishida, Xi Jinping, Rahm Emanuel, Hiroshi Nishiyama, Japan's, Xi, Masashi Mizobuchi, Nishiyama, Takeshi Niinami, Niinami, Stefan Angrick, Yukiko Toyoda, Kiyoshi Takenaka, John Geddie, Sakura Murakami, Francis Tang, Laurie Chen, Antoni Slodkowski, Andrew Silver, Lincoln Organizations: Economic Cooperation, Kyodo, drugmaker Astellas Pharma, APEC, Reuters, Japanese Chamber of Commerce, Japan Association of Corporate, Suntory, Moody's Analytics, Thomson Locations: Asia, Bangkok, Thailand, TOKYO, BEIJING, China, San Francisco, Tokyo, U.S, Japan, Beijing, officialdom, Shanghai
[1/2] South Korean President Yoon Suk Yeol speaks during a joint press conference with U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida (not pictured) at the trilateral summit at Camp David near Thurmont, Maryland, U.S., August 18, 2023. REUTERS/Evelyn Hockstein/File Photo Acquire Licensing RightsSEOUL, Nov 10 (Reuters) - South Korean President Yoon Suk Yeol plans to attend a roundtable on technological cooperation with Japanese Prime Minister Fumio Kishida at Stanford University on Nov. 17, Yoon's office said on Friday. They are expected to discuss technology cooperation between the two countries as well as three-way cooperation with the United States, it said. The three countries have since conducted joint military drills and agreed on an early warning data sharing on North Korea's missile launches. Reporting by Jack Kim Editing by Ed Davies and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.
Persons: Yoon Suk Yeol, Joe Biden, Fumio Kishida, Camp David, Evelyn Hockstein, Yoon Suk, Japan's, Kishida, Yoon, Jack Kim, Ed Davies, Gerry Doyle Organizations: South, U.S, Japanese, REUTERS, Rights, Stanford University, Economic Cooperation, Japan's Kyodo, Korea's, Thomson Locations: South Korean, Camp, Thurmont , Maryland, U.S, Rights SEOUL, United States, Asia, San Francisco, Japan, North Korea, Kishida, Tokyo
"In the South China Sea, trilateral cooperation to protect the freedom of the sea is under way," Kishida, on an official visit, said in an address before the Philippine congress in the capital Manila. Last month China and the Philippines traded accusations over a collision in the disputed waters of the South China Sea as Chinese vessels blocked Philippine boats supplying forces there. China claims sovereignty over almost the entire South China Sea, including parts of the exclusive economic zones of Brunei, Indonesia, Malaysia, the Philippines and Vietnam. Japan does not have any claim to the South China Sea, but has a maritime dispute with China in the East China Sea. "Japan will continue to contribute to the enhancement of the Philippines' security capabilities, thereby contributing to regional peace and stability," Kishida said.
Persons: Fumio, Aaron Favila, Fumio Kishida, Ferdinand Marcos Jr, China's, Kishida, Karen Lema, Sakura Murakami, William Mallard, Michael Perry Organizations: Japan, REUTERS Acquire, Rights, Official Security, Kyodo, Philippine Coast Guard, Thomson Locations: Quezon City, Philippines, Rights MANILA, United States, South China, China, Philippine, Manila, Kishida, Japan, Brunei, Indonesia, Malaysia, Vietnam, East, Tokyo
Ueda's intentions are based on interviews with six sources familiar with the BOJ's thinking, including government officials with direct interaction with the bank. "Given uncertainty over the economic outlook, the BOJ probably wants to wait at least until spring next year in normalising policy," said another source. If the yen continues to fall, that could heighten political pressure on the BOJ to exit sooner than it wants, some analysts say. The risk of sharp yen falls and an inflation overshoot may leave the BOJ with less time than it wants to exit. "The BOJ doesn't have much time left, a point governor Ueda is probably mindful of."
Persons: Kazuo Ueda, Ueda, Kuroda, it's, Robert Samson, Ueda hasn't, Hiromi Yamaoka, Leika Kihara, Anisha, Shri Navaratnam Organizations: Japan, Kyodo, REUTERS, Bank of Japan, Nikko Asset Management, Thomson Locations: Tokyo, Japan, BOJ, YCC, TOKYO, U.S, Bengaluru
Bank of Japan Governor Kazuo Ueda attends a press conference after its policy meeting in Tokyo, Japan October 31, 2023, in this photo taken by Kyodo. In addition, interest rate changes were asymmetric — Fed rate hikes following stock market recoveries were usually muted compared with the initial cuts. This was an explicit, open-ended policy to hold the currency at a set level and flood the Swiss economy and markets with oceans of liquidity, but essentially still a central bank put. As Marc Chandler at Bannockburn Global Forex points out, it is financial stability that is ultimately - and rightly - at the heart of the so-called central bank put. "There is a perception or myth that has built up around the central bank put.
Persons: Kazuo Ueda, Alan Greenspan, Louis, William Poole, Greenspan, Steven Englander, Marc Chandler, Chandler, Jonathan Oatis Organizations: Japan, Kyodo, REUTERS Acquire, Rights, Bank of Japan, Federal Reserve, Louis Fed, Swiss National Bank, Standard Chartered, National Bureau of Economic Research, Swiss, Reuters, Bannockburn Global, Thomson Locations: Tokyo, Japan, Rights ORLANDO , Florida, New York, Switzerland, Swiss, Bannockburn
An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Brent January crude futures rose 0.3%, or 28 cents, to $85.30 a barrel by 0330 GMT, after falling more than 1% on Tuesday. Brent December futures settled 4 cents lower at $87.41 a barrel at the contract's expiry on Tuesday. Interest rate hikes aimed at taming inflation can slow economic growth and reduce oil demand, while rate cuts to spur spending could increase oil consumption. The Fed, which will end its meeting on Wednesday, is expected to hold rates steady, according to a poll by CME's Fedwatch tool.
Persons: Brent, Edward Moya, CME's, Goldman Sachs, Antony Blinken, Mohi Narayan, Emily Chow, Jamie Freed Organizations: Kyodo, U.S . Federal Reserve, . West Texas, Treasury, Federal, Market, American Petroleum Institute, Central Bank, Bank of England, Israel, Thomson Locations: Idemitsu, Ichihara, Tokyo, Japan, DELHI, Israel, ., U.S, Europe, China, East, Gaza, New Delhi, Singapore
Mandatory credit Kyodo/via REUTERS Acquire Licensing RightsTOKYO, Oct 31 (Reuters) - A suspected gunman took at least two people hostage in a post office in Japan after wounding two other people in a shooting at a hospital, authorities and media said on Tuesday. At least two female post office workers in their 20s and 30s were taken hostage, local media reported. Two people were injured at the hospital, media reported. Images broadcast on television showed a man wearing a track suit top and white shirt standing just inside the post office brandishing what looked like a pistol. There were just nine shooting incidents last year, according to the national police agency, of which six were related to criminal gangs.
Persons: Shinzo Abe, Sugiyama Satoshi, Sakura Murakami, Tim Kelly, John Geddie, Christian Schmollinger, Ed Osmond Organizations: Police, Kyodo, REUTERS Acquire, Rights, NHK, Thomson Locations: Warabi, Saitama Prefecture, Japan, Tokyo, Toda
From this viewpoint, Japan is closely watching the situation with serious concern," she added when asked about Japan's oil dependence on the Middle East, which supplies more than 90% of its needs. G7 finance ministers, who were meeting in Morocco as events escalated, issued a brief statement on the attacks on Oct. 12. Japan was "standing one step behind the United States and some European countries", added Isamu Nakashima, associate research fellow at the Middle East Institute of Japan. "The through line of Japan's Middle East policy has been maintaining the flow of energy imports from the region," said David Boling, a director at consulting firm Eurasia Group. While the United States is Japan's closest ally, when it comes to the Middle East, Tokyo will be very wary of being seen as its proxy, said Shuji Hosaka, board member of the Institute of Energy Economics Japan.
Persons: Yoko Kamikawa, Fumio Kishida, Isamu Nakashima, David Boling, Shuji Hosaka, John Geddie, Yoshifumi Takemoto, Tim Kelly, Tetsushi Kajimoto, Ekaterina Golubkova, Kiyoshi Takenaka, Kentaro Sugiyama, Alex Richardson Organizations: Petroleum, Kyodo, Tokyo, Reuters, Middle East Institute of Japan, Middle, Energy, Eurasia Group, U.S, Institute of Energy Economics Japan, Thomson Locations: Kagoshima prefecture, Japan, TOKYO, Israel, Tokyo, Gaza, Iran, Hezbollah, Syria, Morocco, United States, U.S, Saudi Arabia, East
Factbox-Foreign Nationals Detained in China
  + stars: | 2023-10-11 | by ( Oct. | At A.M. | ) www.usnews.com   time to read: +2 min
Here are some other high-profile cases of foreign nationals detained in China:YANG HENGJUNThe Australian writer has been detained in China for more than three years, and in 2021 was tried in Beijing on undisclosed national security charges. His arrest coincided with worsening relations between Australia and China and a verdict in his case has been repeatedly delayed. JAPANESE BUSINESSMANA Japanese employee of Astellas Pharma Inc, who has not been identified publicly, was detained in Beijing in March on suspicion of espionage, sending a chill through the Japanese business community in China. The Chinese foreign ministry, when asked last month if the Japanese employee had been arrested, said foreign nationals in China must abide by the country's laws or be prosecuted otherwise. KAI LILi, who is Chinese-American, has been detained in China since 2016.
Persons: Cheng Lei, YANG HENGJUN, Yang, ROBERT SCHELLENBERG, Meng Wanzhou, MARK SWIDAN, Katherine Swidan, KAI LI Li, Harrison Li, Laurie Chen, Don Durfee, Robert Birsel Organizations: Astellas Pharma Inc, Kyodo, Huawei, United, Reuters Locations: BEIJING, Australian, China, Beijing, Australia, United States, Vancouver, Canada, MARK SWIDAN The Texas, United Nations
Foreign nationals detained in China
  + stars: | 2023-10-11 | by ( ) www.reuters.com   time to read: +2 min
Here are some other high-profile cases of foreign nationals detained in China:YANG HENGJUNThe Australian writer has been detained in China for more than three years, and in 2021 was tried in Beijing on undisclosed national security charges. His arrest coincided with worsening relations between Australia and China and a verdict in his case has been repeatedly delayed. JAPANESE BUSINESSMANA Japanese employee of Astellas Pharma Inc, who has not been identified publicly, was detained in Beijing in March on suspicion of espionage, sending a chill through the Japanese business community in China. The Chinese foreign ministry, when asked last month if the Japanese employee had been arrested, said foreign nationals in China must abide by the country's laws or be prosecuted otherwise. KAI LILi, who is Chinese-American, has been detained in China since 2016.
Persons: Cheng Lei, YANG HENGJUN, Yang, ROBERT SCHELLENBERG, Meng Wanzhou, MARK SWIDAN, Katherine Swidan, KAI LI Li, Harrison Li, Laurie Chen, Don Durfee, Robert Birsel Organizations: Astellas Pharma Inc, Kyodo, Huawei, United, Reuters, Thomson Locations: BEIJING, Australian, China, Beijing, Australia, United States, Vancouver, Canada, MARK SWIDAN The Texas, United Nations
Bostic was partly responding to the outburst of violence in Israel and Gaza, said Joseph Trevisani, senior analyst at FXStreet in New York. "You can pretty much count on the Fed taking that into its world view and that's only going to be lower rates." U.S. Treasuries rallied, pushing two-year yields to their lowest in a month, as safe-haven demand was driven by the ongoing Mideast bloodshed and dovish Fed comments. The yield on the 10-year U.S. Treasury , which moves inversely to the price, was down 12.5 basis points at 4.6571%. The Swiss franc , a traditional safe-haven currency, was at 0.9045 to the dollar, which weakened about 0.21%.
Persons: Dado Ruvic, Raphael Bostic, Bostic, Joseph Trevisani, Treasuries, Shaun Osborne, Israel's shekel, They're, Chris Turner, Herbert Lash, Harry Robertson, Tom Westbrook, Simon Cameron, Moore, Susan Fenton, Sharon Singleton, Jonathan Oatis, Mark Heinrich, Richard Chang Organizations: REUTERS, Federal Reserve, Atlanta Fed, Fed, American Bankers Association, U.S, Scotiabank, Traders, Bloomberg, Analysts, Columbus, Kyodo, Bank of Japan, . Treasury, ING, Swiss, Thomson Locations: China, U.S, Israel, Gaza, New York, Toronto, Palestinian, London, Singapore
Moves were relatively muted as traders waited for more Fed officials to speak later in the day, as well as minutes from the last Fed meeting to be released on Wednesday and U.S. inflation data on Thursday. The euro was last up 0.12% against the dollar at $1.0581. The dollar index , which tracks the greenback against six peers, was last up less than 0.1% at 106.05. The Swiss franc , a traditional safe-haven currency, was last flat, with the dollar trading at 0.9068 francs. Fed officials Raphael Bostic, Christopher Waller, Neel Kashkari and Mary Daly are due to speak later on Tuesday.
Persons: Dado Ruvic, Simon Harvey, Israel's shekel, They're, Chris Turner, Israel, Raphael Bostic, Christopher Waller, Neel Kashkari, Mary Daly, Harry Robertson, Tom Westbrook, Sam Holmes, Simon Cameron, Moore, Susan Fenton, Sharon Singleton Organizations: REUTERS, Hamas, Bloomberg, Columbus, Treasury, Kyodo, Bank of Japan, . Treasury, ING, Swiss, Thomson Locations: SINGAPORE, China, Israel, Palestinian, Gaza, London, Singapore
An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. While Israel produces very little crude oil, markets worried that if the conflict escalates it could hurt Middle East supply and worsen an expected deficit for the rest of the year. Israel's port of Ashkelon and its oil terminal have been shut in the wake of the conflict, sources said on Monday. "If the U.S. finds evidence directly implicating Iran, then the immediate reduction in Iran's oil exports becomes a reality," said Vivek Dhar, an energy analyst at CBA. In a more positive sign for supply, Venezuela and the U.S. have progressed in talks that could provide sanctions relief to Caracas by allowing at least one additional foreign oil firm to take Venezuelan crude oil under some conditions.
Persons: Brent, Israel, Vivek Dhar, Dhar, Jeslyn Lerh, Arathy Somasekhar, Jamie Freed, Kim Coghill Organizations: Kyodo, Rights, U.S, West Texas, Hamas, ING, CBA, bbl, Thomson Locations: Idemitsu, Ichihara, Tokyo, Japan, Rights SINGAPORE, Israel, Palestinian, Gaza, Iran, Ashkelon, United States, U.S, Palestine, Venezuela, Caracas, Singapore, Houston
[1/2] A North Korean nuclear plant is seen before demolishing a cooling tower (R) in Yongbyon, in this photo taken June 27, 2008 and released by Kyodo. The operation of the 5 megawatt nuclear reactor at the Yongbyon nuclear complex has been suspended since late September, according to intelligence assessment by U.S. and South Korean authorities, the report said. Reprocessing of spent fuel rods removed from a nuclear reactor is a step taken before plutonium is extracted. The Yongbyon nuclear complex is the North's main source of plutonium that it likely has used to build nuclear weapons. North Korea claims itself a nuclear state but has kept how many nuclear weapons it may have built or deployed a secret.
Persons: Kim Jong Un, Jack Kim, Lincoln Organizations: Kyodo ., Donga Ilbo, Thomson Locations: Korean, Yongbyon, Kyodo . North Korea, SEOUL, North Korea, Korea, Korea's
The operation of the 5 megawatt nuclear reactor at the Yongbyon nuclear complex has been suspended since late September, according to intelligence assessment by U.S. and South Korean authorities, the report said. Reprocessing of spent fuel rods removed from a nuclear reactor is a step taken before plutonium is extracted. The Yongbyon nuclear complex is the North's main source of plutonium that it likely has used to build nuclear weapons. North Korea has also operated uranium enrichment facilities, which is a separate source of material that could be used for nuclear weapons. North Korea claims itself a nuclear state but has kept how many nuclear weapons it may have built or deployed a secret.
Persons: Jeon Ha, Siegfried Hecker, Vladimir Putin, Kim Jong Un, Hecker, " Hecker, Kim, Jack Kim, Lincoln Organizations: Kyodo ., Donga Ilbo, Russia, North, Los Alamos National Laboratory, Thomson Locations: Korean, Yongbyon, Kyodo . North Korea, SEOUL, North Korea, Korea, Pyongyang, Russia, Korea's
[1/3] An aerial view shows the Fukushima Daiichi nuclear power plant, which started releasing treated radioactive water into the Pacific Ocean, in Okuma town, Fukushima prefecture, Japan August 24, 2023, in this photo taken by Kyodo. Kyodo/via REUTERS/File Photo Acquire Licensing RightsTOKYO, Oct 5 (Reuters) - Tokyo Electric Power Company (9501.T) (Tepco) started releasing more treated radioactive water from the wrecked Fukushima Daiichi Nuclear Power Plant on Thursday morning, continuing a move that has caused tensions between China and Japan. Junichi Matsumoto, who is overseeing the water release at Tepco, said on Wednesday during a news conference that Tepco had received more than 6,000 calls from abroad between August 24-27. Japan started the water discharge in August in a key step towards decommissioning the Fukushima plant, which suffered meltdowns after being hit by a tsunami in 2011 in the world's worst nuclear plant disaster since Chernobyl 25 years earlier. Japan says the water is treated to remove most radioactive elements except tritium, a hydrogen isotope that must be diluted because it is difficult to filter.
Persons: Junichi Matsumoto, Matsumoto, Sakura Murakami, Gerry Doyle Organizations: Kyodo, Rights, Tokyo Electric Power Company, United Nations, Tepco, Japan, Thomson Locations: Okuma, Fukushima prefecture, Japan, China
[1/3] Tokyo Tower is seen from the 52nd floor of 'Azabudai Hills Mori JP Tower', developed by Mori Building Co., during press preview of the complex in Tokyo, Japan, in this photo taken by Kyodo on August 8, 2023. "Housing prices and rents have risen a lot compared to the past, but in the end, salaries haven't gone up that much." After weathering decades of deflation and stagnant growth, Japan is seeing an investment boom that has made apartments in central Tokyo unaffordable for young Japanese professionals. For locals, the surge in prices has made Tokyo the second most unaffordable city worldwide, only behind Hong Kong, according to a UBS global real estate report. Average condo prices in central Tokyo were bumped up in the past year by a large supply of high-end residences hitting the market.
Persons: Kawamata, she'd, I'm, haven't, Cushman, Mari Kumagai, Kumagai, Wang Mao San, Wang, Mari Mochizuki, who's, Mariko Katsumura, Rocky Swift, Sonali Paul Organizations: Mori, Kyodo, REUTERS Acquire, Rights, Real Estate Economic, UBS, Reuters, Cushman & Wakefield, Wakefield, Shingi, fusaya Realty Inc, Super, Japan Real Estate Institute, Thomson Locations: Tokyo, Japan, Hong Kong, London, Singapore, New York, China, Asia, Asia Pacific, Australia, Taiwan, Taiwanese, Osaka, Tokyo's
Marks celebrates winning the world title at Lower Trestles in California. Pat Nolan/World Surf League/Getty Images“I feel like I had a special connection with the ocean already that day, and my board felt amazing,” says Marks. But for Marks, winning the world title was the culmination of years of hard work, a goal that had formed in her mind even before she became the youngest surfer to qualify for the Championship Tour aged 15. But this year’s world title, Marks says, was even more satisfying after last season’s four-month absence from competitions. “The world title to me was my biggest goal ever,” says Marks, who won the Tahiti Pro event in August.
Persons: Caroline Marks, Marks, Carissa Moore, Tyler Wright –, ” Marks, idolize Moore, Moore, Pat Nolan, , , Caitlin Simmers, Wright, Kelly Slater, Marks “, Ryan Pierse, , I’ve, that’s, “ I’d, She’s, Mike Parsons, “ She’s, Marks hasn’t, there’s, Matt Dunbar, She’ll, gunning Organizations: CNN, CNN Sport, women’s, SHISEIDO Tahiti Pro, Tokyo, Kyodo, Tokyo Games, Tahiti Locations: Trestles, Southern California, Florida, California, Melbourne Beach, Tahiti –
US oil jumps $1 on crude draw, tight global supply
  + stars: | 2023-09-28 | by ( Florence Tan | ) www.reuters.com   time to read: +3 min
U.S. West Texas Intermediate crude futures (WTI) led the charge, rising above $95 for the first time since August last year. Brent crude futures climbed 77 cents, or 0.8%, to $97.32 a barrel after hitting levels not seen since November. U.S. crude stocks fell by 2.2 million barrels last week to 416.3 million barrels, government data showed, far exceeding the 320,000-barrel drop analysts expected in a Reuters poll. Crude stocks at the Cushing, Oklahoma, storage hub, delivery point for U.S. crude futures, fell by 943,000 barrels in the week to just under 22 million barrels, the lowest since July 2022, data showed. "We expect as near-term oil prices continue to push higher a reduction of current supply cuts is increasingly likely," National Australian Bank's analysts said in a note.
Persons: WTI, Stefano Grasso, Cushing, Grasso, Vladimir Putin, Florence Tan, Laura Sanicola, Jacqueline Wong Organizations: Kyodo, U.S . West Texas, Brent, Cushing, Organization of, Petroleum, Thomson Locations: Idemitsu, Ichihara, Tokyo, Japan, United States, Saudi Arabia, U.S, 8VantEdge, Singapore, Oklahoma, Russia, OPEC, Australian, Saudi
TOKYO (AP) — Japan's health ministry has approved Leqembi, a drug for Alzheimer’s disease that was jointly developed by Japanese and U.S. pharmaceutical companies. It's the first drug for treatment of the disease in a country with a rapidly aging population. Developed by Japanese drugmaker Eisai Co. and U.S. biotechnology firm Biogen Inc., the drug's approval in Japan comes two months after it was endorsed by the U.S. Food and Drug Administration. Eisai said it will conduct a post-marketing special use survey in all patients administered the drug until enough data is collected from unspecified number of patients under Japanese health ministry procedures. Eisai is committed to delivering Leqembi to people who need it and their families “as a new treatment,” said Haruo Naito, the company’s CEO.
Persons: Fumio Kishida, Kishida, Eisai, Leqembi, , Haruo Naito Organizations: TOKYO, Biogen Inc, U.S . Food, Drug Administration, Kyodo Locations: Japan
TOKYO, Sept 21 (Reuters) - Japan is continuing its efforts to seek the prompt release of an employee ofAstellas Pharma (4503.T) who has been detained in China since March, Japan's top government spokesman said on Thursday. Chief Cabinet Secretary Hirokazu Matsuno was speaking at a press conference after Kyodo news agency reported on Wednesday that Beijing was expected to decide soon on whether to formally arrest the Japanese businessman, whom it detained on suspicion of espionage. Reporting by Kaori Kaneko Editing by Chang-Ran KimOur Standards: The Thomson Reuters Trust Principles.
Persons: Hirokazu Matsuno, Kaori Kaneko, Chang, Ran Kim Organizations: Astellas Pharma, Kyodo, Thomson Locations: TOKYO, Japan, China, Japan's, Beijing
Tokyo CNN —The iconic Japanese animation company Studio Ghibli, which created internationally beloved films including “My Neighbor Totoro” and “Spirited Away,” has been sold to Nippon TV after failing to find a successor for its legendary co-founder and director Hayao Miyazaki. “With director Hayao Miyazaki now 82 years old and producer Toshio Suzuki also 75, Studio Ghibli has long been struggling with the issue of their successors,” the statement said. Nippon TV and Studio Ghibli have long worked together, with the former broadcasting Ghibli films on air, investing in Ghibli movie productions, and even helping fund the Ghibli Museum, the statement said. Under the new arrangement, Nippon TV will become the largest Ghibli shareholder with 42.3% of the voting rights. Since its founding in 1985, Studio Ghibli has been known for its hand-drawn animation, sticking to old-school, painstaking frame-by-frame methods.
Persons: , Hayao Miyazaki, Toshio Suzuki, , , Ghibli, Miyazaki, Suzuki, Mononoke ” Organizations: Tokyo CNN, Ghibli, Nippon TV, Nippon, Kyodo, Suzuki, Ghibli Museum Locations: Tokyo
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