Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Super Typhoon Hagibis on Track to Hit Japan, Disrupting Rugby World Cup
Oct 10 2019 // Two Rugby World Cup games pitting England against France and New Zealand against Italy have been called off as the powerful Typhoon Hagibis approaches Japan this weekend, organizers confirmed. The decision means both...
Tokio Marine Eyed PURE for Years. Yankees-Red Sox Finally Brought Them Together.
Oct 4 2019 // PURE Group, the high-net-worth insurer set to be acquired by Tokio Marine Holdings Inc., had been on the Japanese company’s radar for more than a decade. After PURE was created in 2006, Tokio Marine tried to set up a...
Nippon Steel to Shut Typhoon-Damaged Kimitsu Plant until End of December
Oct 4 2019 // Japan’s biggest steelmaker, Nippon Steel Corp., said on Thursday one of the two steelmaking plants at its Kimitsu Steel Works will be shut until the end of December, to repair a chimney that collapsed in a typhoon...
Typhoon Mitag Lashes Eastern China, Heads to South Korea
Oct 1 2019 // After lashing parts of Taiwan and Japan’s southernmost Ryukyu Islands on Monday, Typhoon Mitag is passing eastern China today and then takes aim at South Korea and the remainder of Japan later this week, according to...
Typhoon Tapah Disrupts Hundreds of Domestic Flights in Japan and South Korea
Sep 23 2019 // Hundreds of domestic flights in Japan were canceled because of Typhoon Tapah, and the storm caused similar disruptions in South Korea as it moved to make landfall later Sunday. Airlines operating in Japan called off more...
Insured Losses for Typhoon Faxai Estimated at US$3B-US$7B: AIR Worldwide
Sep 16 2019 // Industry insured losses from Typhoon Faxai, which made landfall in Japan on Sept. 9, will be between 340 billion Japanese yen (US$3 billion) and 740 billion yen (USD 7 billion), estimated Boston-based catastrophe risk...
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...
