Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Explosions Continue on Iranian Oil Tanker, Hampering Rescue Efforts
Jan 12 2018 // A stricken Iranian oil tanker continued exploding on Friday, hampering rescue efforts, Chinese state media reported, as Japan’s Coast Guard said the ship drifted away from the Chinese coast and into Japan’s...
Green Bonds Booming Despite Washington’s Animus, Report Shows
Jan 11 2018 // In spite of the U.S. withdrawal from the global climate change accord hammered out in Paris a year earlier, green bond issuance around the world reached $155.5 billion in 2017, a new report shows. That figure surpassed the...
Allianz’ Property Unit Plans to Double Asian Investments in Next 3 Years
Jan 4 2018 // Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in more money from its insurance operations in the region. Property investments may swell to 3.75 billion...
Japan Data-Tampering Scandals Show Dangers of ‘Sacrificing Quality’ to Save Costs
Dec 28 2017 // A string of data-tampering scandals at Japanese manufacturers has not tarnished Japan’s image, though it has been a powerful reminder to avoid sacrificing quality when under cost or delivery pressure, a senior...
Kobe Steel Admits 3 Senior Executives Knew About Data Falsification
Dec 28 2017 // Kobe Steel Ltd, at the center of a data-falsification scandal that has shaken Japan’s manufacturing industry, admitted for the first time that executives were aware of the cheating, and reassigned three senior...
Factbox: Growing List of Insurers Make Brexit Plans for EU Subsidiaries
Dec 20 2017 // Below are insurers’ plans for EU subsidiaries (in alphabetical order) in case Britain does not have access to the single market after Brexit: ADMIRAL. British motor insurer Admiral Group said last year that it could...
Japan’s Mitsubishi Materials Reveals More Products with Falsified Specifications
Dec 19 2017 // Japan’s Mitsubishi Materials Corp. said it has found more cases of products shipped with possible falsified specifications as it investigates a widening data-fabrication scandal that has affected more than 300 of its...
Factbox: More Insurers Make Decisions About Post-Brexit Headquarters
Dec 13 2017 // Liberty Specialty Markets said it planned to redomicile its UK insurance company to Luxembourg, as a result of Britain’s decision to leave the European Union. Below are insurers’ plans for EU subsidiaries (in...
Kobe Steel Hit with Lawsuits Over Data Tampering Scandal
Dec 8 2017 // Kobe Steel Ltd. said on Friday it has been hit with lawsuits over its data tampering scandal and has had two more badges of industrial quality removed, the latest setbacks for the Japanese steelmaker as it seeks to restore...
Factbox: Growing List of Insurers Decide on Post-Brexit EU Headquarters
Nov 21 2017 // Sompo International Holdings, a Bermuda-based unit of Japanese insurer Sompo, said it will set up a subsidiary in Luxembourg, in case Britain does not have access to the single market after Brexit. Below are...
Willis Towers Watson Taps Yeung from AIG as Head of P/C, North Asia
Nov 6 2017 // Willis Towers Watson announced the appointment of Evariste Yeung as head of Property and Casualty, North Asia. Yeung’s appointment took effect on Sept. 25, 2017. He is based in Shanghai and reports to Richard Collis,...
Cost-Cutting Japanese Factories Struggle to Maintain Safety
Oct 31 2017 // A series of safety scandals at Japanese companies have put the country’s lionized factory floor under scrutiny as manufacturers struggle with increased pressure on costs, stricter enforcement of standards and growing...
AIR Worldwide Introduces Inland Flood Model for Japan
Oct 23 2017 // Catastrophe modeling firm AIR Worldwide has introduced a new inland flood model for Japan along with enhancements to its Japan typhoon model. These models are part of Version 5.1 of AIR’s catastrophe modeling...
Kobe Steel Assesses Extent of Costly, Habitual Data Product Tampering
Oct 17 2017 // When cheating becomes habitual, the consequences could be costly. Embattled Kobe Steel Ltd said on Tuesday the U.S. Justice Department is asking the steelmaker to provide documents related to its data falsification...
Kobe Steel Scandal Hits Global Supply Chains as Financial, Legal Fallout Grows
Oct 16 2017 // Just over a week out from revelations of a cheating scandal that plunged Kobe Steel Ltd. in crisis and ensnared hundreds of firms, the embattled steelmaker’s shares skidded to five-year lows on Monday as investors...
Kobe Steel Supply Chain Scandal Spreads; 500 Customers Used Affected Products
Oct 13 2017 // The cheating crisis engulfing Kobe Steel Ltd just got bigger. Chief Executive Hiroya Kawasaki on Friday revealed that about 500 companies had received its falsely certified products, more than double its earlier count,...
Gov’t, TEPCO Held Accountable by Japan Court for Fukushima Nuclear Accident
Oct 12 2017 // A Japanese court on Tuesday [Oct. 10] ordered the government and the operator of the Fukushima nuclear plant to pay 500 million yen ($4.5 million) to thousands of area residents and evacuees who were demanding compensation...
Kobe Steel Can Expect Spate of Lawsuits for Its 10 Years of False Data
Oct 12 2017 // Kobe Steel Ltd.’s legal problems are just beginning in wake of the company’s disclosure that it falsified data for years about the durability of aluminum and copper used in airplanes, trains and vehicles. The...
Kobe Steel’s Data Fabrication Scandal Grows; Customers Eye Safety Impact
Oct 11 2017 // The scandal engulfing Kobe Steel Ltd. deepened on Wednesday as the Japanese steelmaker said it may have falsified data about another of its products, which is typically used in automobile parts including brakes and...
Kobe Steel Admits Falsifying Data on Components Used by 200 Firms
Oct 10 2017 // Japan’s government sought on Tuesday to contain the fallout from the disclosure by the nation’s third-biggest steel maker, Kobe Steel Ltd, that it had fabricated data on components used in cars, aircraft and...
