Japan

Japan signs $15billion currency swap deal with India

Japan signs $15billion currency swap deal with IndiaThe Japanese government has entered into a currency swap deal with India to address the shortage of the US dollar in between the growing concerns linked to the sovereign debt crisis in the Eurozone.

Japanese Finance Minister Jun Azumi said in Tokyo that his government is negotiating an agreement with the Indian government. The new deal was announced during the trip to India by Japanese Prime Minister Yoshihiko Noda renewed the bilateral swap agreement with Indian Prime Minister Dr. Manmohan Singh in New Delhi.

Nintendo 3DS passes four million sales in Japan

Nintendo 3DS passes four million sales in JapanThe new Nintendo 3DS gaming system has reached a new milestone despite not having a desired start in the country and elsewhere. The console has crossed the four million sales mark in Japan.

The company has seen a difficult year as it experienced falling stocks after the lukewarm reaction to the 3DS initially. The company responded to the situation with a price cut, improving sales. Later the company further announced a price cut of $80, which increased sales three times for the console.

Japan to help Europe contain its debt crisis

Europe should boost the total firepower of its rescue fund and frontload its funding to send a positive signal to investors and international partners that it is determined to solve its debt crisis, Japanese officials said on Monday.

Japan has repeatedly expressed its willingness to help Europe contain its debt crisis, but has also stressed it wanted to see a convincing action plan before making any firm commitments. Lifting the combined size of the current bailout fund and the new permanent European Stability Mechanism beyond the current 500 billion euros would be a major step and an encouraging signal.

Japan to open another currency-swap line with India

Japan to open another currency-swap line with IndiaThe government in Japan will soon open a new currency-swap line with India as part of its second international financial agreement with Asian countries.

Japanese Finance Minister Jun Azumi said in Tokyo that his government is negotiating an agreement with the Indian government. The new deal will be announced during the upcoming trip to India by Prime Minister Yoshihiko Noda.

Japanese consortium to conduct study for bullet trains

The Indian Railways (IR) ha hired a Japanese consortium to conduct a pre-feasibility study for running a high speed bullet train on the Hyderabad-Chennai high speed rail corridor.

The railways have selected Japan External Trade Organization (Jetro) and Oriental Consultancy along with Parsons Brinkhoff India for conducting the study on the proposed route for running the high speed trains. The proposed Hyderabad-Vijaywada-Chennai stretch is 664 km long between the two south Indian cities.

Indo-Japanese ties set to become stronger

Indo-Japanese ties set to become strongerNeemrana (Rajasthan), Aug. 29 : Neemrana in Rajasthan is considered the best place in terms of infrastructure and facilities by Japanese automobile and electronic companies to set up manufacturing units.

The town, whioch is located about 75 miles from New Delhi, has India's first exclusive Japanese investment zone.

Twenty-four Japanese companies have already set up units in Neemrana. A total area of 270 acres has been allotted for Japanese investment.

Sony launches world's first digital binoculars with video recording

Sony launches world's first digital binoculars with video recording Japanese electronics major, Sony ahs launched the first digital binoculars in the world, which are capable of recording Full HD videos and take pictures.

The new DEV-3 and DEV-5 models are capable of recording video in AVCHD 2.0 format. The devices can also have stereo sound for added effects and record videos in a 3D mode that can be viewed on a 3D HDTV.

March’s Tsunami cracked-up large pieces of Antarctica, NASA

March’s Tsunami cracked-up large pieces of Antarctica, NASA The Tsunami in March 2011, which was caused by a powerful earthquake that devastated Japan, cracked-up large pieces of Antarctica and pushed the pieces to the sea, according to NASA scientists.

They found pieces of double the size of Manhattan being broken away from ice mass. The pieces cracked away about 18 hours after the 9.0 earthquake off the northern coast of Japan, which propelled the tsunami. The pieces have floated into the sea since then.

Toyota reveals more information about upgraded Yaris

Toyota reveals more information about upgraded Yaris Japanese auto major, Toyota has revealed more information about the upgraded version of its Yaris model, which is the third version since the launch of the original version was launched in 1999.

The company said that it will offer Touch and Go touch-screen navigation system for free in the first six months of sales for new Yaris TR and then it will be offered as an add-on for additional £500.

Toyota announces new 2012 Hilux pickup

Toyota announces new 2012 Hilux pickupJapanese auto major, Toyota has announced the 2012 model of Hilux pickup with a number of improvements and a new look.

The 2012 Toyota Hilux pickup will feature a new bonnet, radiator grille, headlamps and bumper. The buyers will also be able to choose a new wheel designs and new side bats and steps for the Toyota Hilux Invincible.

As for interiors, the model features a new dashboard design with integrated 6.1 inch touchscreen and a horizontal instrument cluster. The Toyota Hilux HL3 and Invincible features Bluetooth and a USB port for music players, as a standard.

Suzuki Spending Big Against Vulnerable Risks in Japan

Suzuki Spending Big Against Vulnerable Risks in JapanRisks of earthquakes and tsunamis are raising high in Japan and thus, many people trying their best to make themselves safe from the terrors and their affects.

Shadows Of The Damned gets favorable reviews

The new ‘Shadows Of The Damned’ game title from known Japanese creative talent,

Goichi Suda and Shinji Mikami, has received favorable remarks for its creativity.

Suda has scripted an underworld where sex and death are interlinked. The players control a tattoo-covered, Garcia Hotspur, who descends into hell in order to rescue kidnapped girlfriend Paula. Paula has been kidnapped by a powerful boss demon called Fleming.

Garcia is carrying a talking skull named Johnson, which is also used as a weapon as it transform into a pistol named Boner. The hell features a gothic architecture with sinister statues and black towers as well as a variety of demons.

Radiation level drops in Japan's troubled n-reactor

Radiation level drops in Japan's troubled n-reactorTokyo, May 8 - Radiation levels have dropped inside the No. 1 reactor building at the tsunami-hit Fukushima nuclear power plant in Japan, Kyodo News reported.

The plant's operator, Tokyo Electric Power Co. (TEPCO), said the drop was due to a ventilator installed in the building Thursday to filter out radioactive substances.

Workers would soon be able to re-enter the site to stabilise the reactor, the company said, adding that it expects radioactivity levels at the plant to stabilise within six to nine months.

Toyota to resume vehicle production in all Japan plants

Toyota to resume vehicle production in all Japan plantsTokyo, April 9 - The Toyota Motor Corporation will resume vehicle production at all of its plants in Japan starting April 18, but would reduce the activity in North American plants due to unavailability of parts.

"The production volume is planned to be approximately 50 percent of the normal level," Xinhua reported citing a company statement.

The company halted vehicle production at all its Japanese plants March 14. But it resumed production of three hybrid models in Japan March 25.

Nissan, Renault consider joint holding company: Report

Nissan, Renault consider joint holding company: ReportTokyo, March 31 : Japan's Nissan Motor Co and French carmaker Renault SA are considering establishing a joint holding company, a media report said Thursday.

The proposed company would put Nissan and Renault under a single umbrella, Nissan President Carlos Ghosn told the Nikkei business daily.

The process could take place in two or three years, Ghosn, who is also chairman of Renault, told the daily.

Japan shares climb one percent on Wall Street, tech gains

Japan shares climb one percent on Wall Street, tech gainsTokyo, March 25 - Japanese stocks rose in Friday morning trading following overnight gains on Wall Street with some high-tech shares leading the advance.

The Nikkei 225 Stock Average gained 94.13 points, or one percent, to trade at 9,529.14 while the broader Topix index was up 4.12 points, or 0.48 percent, at 858.07.

Tokyo stocks opened higher with high-tech shares getting a boost after the US technology-heavy Nasdaq Composite Index soared 1.41 percent Thursday.

Japan shares decline on radioactive pollution concerns

Japan shares decline on radioactive pollution concernsTokyo, March 24 - Japanese stocks fell in Thursday morning trading as fear of radioactive contamination spread while workers scrambled to stabilise a stricken nuclear power station in northeastern Japan.

The Nikkei 225 Stock Average lost 18.97 points, or 0.2 percent, to trade at 9,430.5 while the broader Topix index was down 5.11 points, or 0.59 percent, at 855.99.

Japan shares drop on profit-taking, US losses

Japan shares drop on profit-taking, US lossesTokyo, March 23 - Japanese stocks fell in Wednesday morning trading after overnight losses on Wall Street and profit-taking following sharp gains in Tokyo the previous day.

The Nikkei 225 Stock Average lost 153.26 points, or 1.6 percent, to trade at 9,455.06 while the broader Topix index was down 6.99 points, or 0.81 percent, at 861.14.

Japan shares surge on progress at Japan nuclear plant, US gains

Japan shares surge on progress at Japan nuclear plant, US gainsTokyo, March 22 - Japanese stocks soared nearly three percent in Tuesday morning trading as some progress at Japan's troubled nuclear plant and an overnight rally on Wall Street improved investor sentiment.

The Nikkei 225 Stock Average gained 270.74 points, or 2.94 percent, to trade at 9,477.49 while the broader Topix index was up 28.11 points, or 3.39 percent, at 858.5.

Japan shares plunge on nuclear crisis, yen's surge

Japan shares plunge on nuclear crisis, yen's surgeTokyo, March 17 - Japanese stocks fell sharply in Thursday morning trading as the yen surged against major currencies amid growing fears of a potential meltdown at a nuclear plant in northeastern Japan.

The benchmark Nikkei 225 Stock Average lost 189.86 points, or 2.09 percent, to trade at 8,903.86 while the broader Topix index was down 15.04 points, or 1.84 percent, at 802.59.

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