Japan’s Nikkei Stock Average Set for Weekly Decline Despite Weak Yen Tailwind

Japan’s Nikkei share average on Friday was headed for its worst week since early November despite the tailwind of a weaker yen, as weakness on Wall Street and caution ahead of major central bank policy decisions weighed.

The Nikkei rose 0.2% to 38,889.95 at the mid…[Read more]

Honda and Nissan are in merger talks

Honda and Nissan are discussing a possible merger, potentially bringing together two Japanese automaking titans that have recently fallen on hard times.

The companies said in statement that they have been in talks, but they offered no details or timeframe for when a deal – if one should develop – may be com…[Read more]

If 1.5m Germans have them there must be something in it’: how balcony solar is taking off

Balcony solar panels can save 30% on a typical household’s electricity bill and, with vertical surface area in cities larger than roof space, the appeal is clear

By Stephen Burgen in Barcelona

They are easy to install, and knock chunks off electricity bil…[Read more]

Germany and France are in crisis – is the next global financial crash brewing?

The eurozone’s flaws and a lack of growth in the EU have combined to malign effect. ‘More Europe’ is not the solution

Things are not quite going according to plan for Rachel Reeves. The economy has contracted for the past two months and inflation is proving hard to…[Read more]

German health system grapples with potential returns of Syrian doctors

As thousands of Syrian doctors work in Germany, the fall of Bashar Assad is raising concern over the potential consequences for the health sector if many of them were to return home.

Germany became a leading destination for Syrian refugees over the past decade, and some…[Read more]

Japan’s Q3 capex accelerates, firms case for more rate hikes

Japanese corporate spending on plant and equipment accelerated in the third quarter, signalling solid domestic demand was underpinning the country’s fragile economic recovery and strengthening the case for further interest rate hikes.
Capital spending surged 8.1% year-on-year in the…[Read more]

Japan’s factory activity falls at fastest pace in 8 months, PMI shows

Japan’s factory activity shrank at the fastest pace in eight months in November as soft demand prompted firms to trim production, a private-sector survey showed on Monday.
The final au Jibun Bank Japan manufacturing purchasing managers’ index (PMI) slipped to 49.0 in November,…[Read more]

Japan to offer ¥5 billion to four countries in latest OSA military aid tranche

Japan is more than doubling the budget for its military aid program, with the Foreign Ministry earmarking ¥5 billion ($33 million) for this fiscal year, compared with ¥2 billion a year earlier, as Tokyo seeks to strengthen the security and deterrence capabilities of li…[Read more]

Ishiba questioned on political reform, social issues and the economy

In parliamentary questioning Monday, Prime Minister Shigeru Ishiba was grilled over issues ranging from the Liberal Democratic Party’s approach to political reform and his stance on social issues to the content of a supplementary budget.
Ishiba reiterated his skepticism about a…[Read more]

Barack Obama to present Merkel’s book ‘Freedom’ in the US

Former German Chancellor Angela Merkel and former US President Barack Obama were allies in office. But not from day one.

Both left office years ago, but they have left their mark on global politics. Angela Merkel was once the most powerful woman in the world, while Barack Obama was the…[Read more]

Germany’s Scholz announces Ukraine military aid in visit to Kyiv

German Chancellor Olaf Scholz made an unexpected visit to Kyiv on Monday, vowing his country would remain Ukraine’s biggest supporter in Europe and promising delivery this month of military aid worth 650 million euros ($683 million).
The visit, his second since Russia’s full-scale…[Read more]

Syria: US, Germany, France, UK call for de-escalation

The four NATO nations urged the “protection and civilians and infrastructure.” Meanwhile, the opposition-run White Helmets said Syrian and Russian airstrikes killed 25 people in Idlib on Sunday.

The United States, Germany, France and the United Kingdom have all called for de-escalation in…[Read more]

Volkswagen workers in Germany to strike over plan to cut jobs and pay

Employees take action over plans to axe at least three plants in first domestic closures in company’s 87-year history

Workers at Volkswagen factories in Germany will strike from Monday over the carmaker’s plans to lay off thousands of people, cut pay and close plants for the…[Read more]

Fund-raisers in Tokyo generated 942 million yen for parties in ’23

Some 108 organizations held 274 political fund-raising parties in Tokyo in 2023, generating 942.21 million yen ($6.1 million) in total, a political fund balance report showed.

The report was released by the Tokyo metropolitan government’s Secretariat to Election Adm…[Read more]

Tokyo inflation likely exceeded BOJ’s 2% target again in November – Reuters poll

Consumer inflation in Tokyo for November likely surpassed the Bank of Japan’s 2 per cent price target following a reduction in fuel subsidies and with an increase in food costs, a Reuters poll showed on Friday.

The core consumer price index (CPI) in Tokyo, a leading…[Read more]

India, Japan Discuss Defense Pact to Boost Military Cooperation, Tech Ties

The proposed pact was discussed at a meeting between Defence Minister Rajnath Singh and his Japanese counterpart Gen Nakatani that took place on the sidelines of a regional security conclave in Vientiane, the capital city of Laos.

India and Japan on Friday deliberated on…[Read more]

China to allow 30-day visa exemption for Japan visitors from Nov. 30

China said Friday it will restart its unilateral visa-free arrangement for short-term Japanese visitors on Nov. 30, allowing stays of up to 30 days, a measure believed to be aimed at promoting tourism and trade amid a downturn in the world’s second-largest economy.

The…[Read more]

Germany’s Scholz, China’s Xi hold talks at G20

EU tariffs on electric vehicles from China and the war in Ukraine were on the agenda as the leaders of two of the world’s largest economies met on the sidelines of the summit in Rio de Janeiro.

German Chancellor Olaf Scholz and his Chinese counterpart, Xi Jinping, met on the sidelines of the G20…[Read more]

Germany suspects sabotage behind severed undersea cables

German Defence Minister Boris Pistorius has said damage to two undersea cables in the Baltic Sea looks like an act of sabotage and a “hybrid action”, without knowing who is to blame.

A 1,170km (730-mile) telecommunications cable between Finland and Germany was severed in the early hours of…[Read more]

Germany on mysteriously severed cables in the Baltic Sea: it’s sabotage

German Defence Minister Boris Pistorius told reporters in Brussels on Tuesday, the 19th of November, at a meeting of the Council of the European Union that “nobody believes” that two telecommunications cables in the Baltic Sea were “cut accidentally”, but that it was not k…[Read more]