Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Typhoon Faxai Makes Landfall in Tokyo Area, Killing 1, Disrupting Travel
Sep 10 2019 // A typhoon blew across the Tokyo metropolitan area Monday morning, killing one person and causing dozens of injuries, while disrupting rush-hour travel and knocking out power. Several railway and subway operators suspended...
Japan Quakes to Cost Insurance Industry $2B-$3B Annually: Karen Clark & Co.
Aug 30 2019 // For insurers and reinsurers, the 1995 Kobe earthquake produced $3 billion in insured property losses, but a repeat of a more devastating quake that happened 72 years earlier could bring $225 billion in industry losses. And...
Japan to Offer Enhanced Trade Insurance to Drive African Investment
Aug 28 2019 // Japan will offer enhanced trade insurance to boost private sector investment in Africa, Prime Minister Shinzo Abe said on Wednesday as his country competes with rival China for influence in the resource-rich...
Japan’s Tepco to Propose Decommissioning 5 Nuclear Reactors: Media
Aug 23 2019 // Tokyo Electric Power will submit to a municipal official on Monday a plan regarding the decommissioning of five reactors at its Kashiwazaki-Kariwa nuclear station, the world’s biggest atomic plant, Jiji Press...
Tropical Storm Krosa Slams Japan, Disrupting Transportation, Factories, Power
Aug 15 2019 // Severe tropical storm Krosa lashed western and southern Japan with torrential rain and wind, causing Japan Airlines Co. and All Nippon Airways to cancel hundreds of domestic and international flights, and some train lines...
China’s Anbang Insurance Selling $2.4 Billion in Japan Properties
Aug 14 2019 // China’s troubled Anbang Insurance Group has put its $2.4 billion property portfolio in Japan up for sale and previous owner Blackstone Group is bidding, two people familiar with the company’s plans said. The...
Private Equity Firm JC Flowers Kept Stake in Japan’s Shinsei Bank Too Long: Opinion
Aug 13 2019 // Japan’s banking sector has become a dead zone for private equity. Yet even then, the latest attempt by J. Christopher Flowers to sell Shinsei Bank Ltd. seems like a zombie franchise that has run a few episodes too...
Japanese Flying Car Takes Flight – For About a Minute
Aug 6 2019 // It was caged and only hovered for about a minute, but it flew: a new flying car. Made by NEC Corp., the vehicle is essentially a large drone with four propellers that’s capable of carrying people. The Japanese...
Swiss Re-Backed Insurer FWD Eyes China Expansion Ahead of Potential IPO
Jul 31 2019 // Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the...
Japan Post’s Share Sale Could Be Delayed by Scandal at Insurance Unit
Jul 24 2019 // The government’s plan to sell over $10 billion worth of shares in Japan Post Holdings Co. has been clouded by a scandal at its insurance unit. The subsidiary, Japan Post Insurance Co., is voluntarily refraining from...
Tokio Marine Looking for Insurance Acquisitions in Asia, Other Markets
Jun 25 2019 // Tokio Marine Holdings Inc. is seeking acquisition opportunities in Asian emerging markets and elsewhere as it seeks to double profits from those regions, according to the new chief of Japan’s largest...
Oil Shippers Continue Sailing Through Strait of Hormuz – with Heightened Security
Jun 21 2019 // A series of attacks on oil tankers near the Persian Gulf has ratcheted up tensions between the U.S. and Iran – and raised fears over the safety of one of Asia’s most vital energy trade routes, where about a fifth...
Suspected Attack on 2 Oil Tankers Near Strait of Hormuz Stokes Fears of War
Jun 13 2019 // Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won’t avert a military confrontation between the U.S. and Iran....
SCOR’s Q1 Net Profit Drops 21% on Japan Typhoons in 2018
Apr 26 2019 // French reinsurer SCOR, whose CEO faces a vote on his demotion during a shareholders meeting on Friday, said its net profit in the first quarter fell 21 percent as a result of the impact of 2018 typhoons in Japan. SCOR...
Japan Insurers to Invest in Riskier Non-Government Bonds, Seeking Higher Returns
Apr 25 2019 // As bond yields evaporate globally, many Japanese insurers are looking to secure higher returns at home and abroad by diversifying into riskier corporate and other non-government bonds in the financial year that began this...
Japan Post Holdings’ Insurance Unit to Sell Shares Worth $3.7B in Global Offering
Apr 5 2019 // Japan Post Holdings Co.’s insurance unit is conducting a secondary sale of shares held by its parent worth 409 billion yen ($3.7 billion) in a global offering. In its first sale since its listing in November 2015,...
Pacific Ocean’s El Niño Likely to Continue into Summer: Japan Weather Bureau
Feb 12 2019 // Japan’s weather bureau on Tuesday said the El Niño weather pattern appeared to be continuing, with a 70-percent chance it would stretch into the northern hemisphere summer. El Niño is a warming of ocean surface...
Japan Insurers Eye China Acquisitions in Continuation of Overseas Deal Spree
Feb 4 2019 // Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and the deals spree won’t be slowing down...
Why Many Americans Will Never Be Able to Retire: Viewpoint
Jan 25 2019 // Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in their 60s they would lay down their burdens and enjoy a final couple of decades with time...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap
Jan 22 2019 // The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of the overall total, creating the fourth costliest year on record of insured losses,...
