TOKYO – Japan asked thousands of people to evacuate their homes on its southern island of Kyushu, media said on Saturday, following unprecedented torrential rains in which 15 people are feared dead and nine missing. With the region facing the risk of further floods and landslides, authorities told 92,200 households in the prefectures of Kumamoto and Kagoshima to vacate their homes, the Kyodo news agency said. “The heavy rainfall is likely to continue until Sunday,…"Japan evacuates thousands as rains lash southern Kyushu"
TOKYO – Japan’s Sharp Corp said on Saturday it is sticking to an original plan to list its laptop making unit in the business year from next April, denying a media report that it may take the unit public this year. The Osaka-based electronics firm hopes to start preparations this year for the laptop unit’s initial public offering, and there are no changes to the original plan to list the unit in the next financial…"Sharp says sticking to plans to list Dynabook PC unit in FY2021"
TOKYO – A Japanese performance group is starting a run of drive-in horror shows for people who are scared of catching the coronavirus but still want to get close-up frights from ghouls and zombies. Audience members will drive into a garage in Tokyo, one car at a time, and listen to a murder story and sound effects blared out of speakers, as actors dressed as monsters bang on the side of the vehicle and spray…"Tokyo scare squad offers drive-in horror shows amid coronavirus fears"
ISTANBUL – Seven suspects went on trial in Turkey on Friday over their alleged involvement in former Nissan boss Carlos Ghosn’s dramatic escape from Japan to Lebanon via Istanbul at the end of last year. Ghosn, once a titan of the global auto industry, had been arrested in Japan in late 2018 and charged with underreporting his salary and using company funds for personal purposes, charges he denies. The ousted chairman of the alliance of…"Suspects in Ghosn’s Japanese escape stand trial in Turkey"
BEIJING – Japanese automaker Nissan Motor said on Friday its sales in China grew 4.5% in June from a year earlier to 136,929 vehicles, as the world’s biggest auto market recovered from its coronavirus low. China’s auto market, the world’s biggest, is one of Nissan’s focuses as the embattled carmaker struggles to fix problems from ousted leader Carlos Ghosn’s aggressive expansion drive."Nissan’s China sales grew 4.5% in June"
TOKYO – There is no need to reintroduce a state of emergency, Japan’s top government spokesman said on Friday, the day after coronavirus cases in Tokyo rose to a two-month high. New daily cases in the capital have exceeded 50 over the last week, with Thursday’s 107 cases a record following the lifting of the state of emergency on May 25. The rise is concentrated among people in their twenties and thirties, Chief Cabinet Secretary…"Japan will not revive state of emergency as Tokyo COVID-19 cases rise"
TOKYO – Japan’s decision to scrap two Aegis Ashore ballistic missile defence systems means it must find other ways to defend a 3,000-kilometre archipelago along Asia’s eastern edge. Some policy makers want Japan to acquire the capability to attack enemy missiles before they are launched. ‘IMPOSSIBLE’ PROBLEM In a surprise decision, defence minister Taro Kono recently halted the 2025 deployment of Aegis Ashore because booster rockets used to accelerate SM-3 Block IIA interceptor missiles might…"Explainer: Strike capability, other military options on table after Japan’s Aegis U-Turn"
LONDON – Convertible bonds that were part of a complex transaction that allowed Japan’s Softbank to buy a stake in now-collapsed payments company Wirecard and then de-risk the transaction have been put up for sale in an auction. In a process managed by Credit Suisse, bonds convertible into Wirecard debt with a nominal value of 900 million euros ($1.01 billion) will be sold via an auction set to close on July 8, according to a…"Wirecard debt that facilitated Softbank investment put up for auction"
BOSTON – Japan has formally asked the United States to extradite a former Green Beret and his son accused of helping former Nissan Motor Co boss Carlos Ghosn flee the country while he was awaiting trial on financial charges. Japan submitted a request to the U.S. State Department to extradite Michael Taylor and his son, Peter Taylor, after they were provisionally arrested in Massachusetts in May, the U.S. Justice Department said in a court filing…"Japan asks U.S. to extradite men accused of helping ex-Nissan boss Ghosn flee"
TOKYO – With new coronavirus cases in Tokyo surging to a two-month high, Japan faces the prospect of a second wave without the experts who tackled the first phase of the epidemic. Instead a new panel comprising a Nobel-prize winning geneticist, an artificial intelligence expert and a cardiologist will advise the government, as Japan seeks to revitalise its recession-hit economy. The new advisory board, which will review steps taken so far, will be led by Kiyoshi…"As cases in Tokyo surge, Japan gives expert advisory panel a makeover"