Latest Japan Headlines
All the headlines from our Japan Topic Page, ordered by recency.
Torrential Rains Cause Floods in SW Japan, with Nearly 40 Feared Dead
Jul 6 2020 // Nearly 40 people were feared dead as torrential rains continued to hit Japan’s southwestern island of Kyushu, with river banks at risk of bursting on Monday morning and new evacuation orders put in place. Flooding...
Carlyle, T&D Holdings Complete Acquisition of 76% Interest in Fortitude Group From AIG
Jun 3 2020 // Global investment firm The Carlyle Group and T&D Holdings announced have completed their acquisition of a 76.6% interest in Fortitude Group Holdings, whose group companies include Fortitude Re, from insurer American...
Sony to Take Full Control of Its Financial Unit for $3.7B, Aiming for Fintech Growth
May 19 2020 // Sony Corp. said on Tuesday it will turn its listed financial arm, Sony Financial Holdings Inc, into a wholly owned unit through a tender offer worth about 400 billion yen ($3.72 billion). The deal will allow the Japanese...
Tokio Marine Uses Tractable’s Artificial Intelligence Solution for Auto Claims in Japan
May 11 2020 // Tokio Marine, the Tokyo-based property and casualty insurer, will use an artificial intelligence (AI) solution to process auto damage across its insurance operations in Japan, accelerating claims processing for...
Coronvirus Discrimination and Bullying Hinders Battle Against Pandemic in Japan
May 11 2020 // The coronavirus in Japan has brought not just an epidemic of infections, but also an onslaught of bullying and discrimination against the sick, their families and health workers. A government campaign to raise awareness...
Many Japan Firms Resist Telecommuting, Raising COVID-19 Risk for Call Center Staff
May 5 2020 // Almost a month after Tokyo declared a state of emergency, dozens of call center employees for telecom KDDI Corp still commute into their crowded office, where the fear of coronavirus infection has taken a back seat to data...
SCOR Global P&C Sees Price Increases of 6.6% During April Renewals
Apr 23 2020 // During the April reinsurance renewals, SCOR Global P&C said it grew gross premiums by 5.7% to €504 million, while benefiting from broadly improving market conditions as shown by a 6.6% overall increase in...
CEO of Tokyo Games Can’t Guarantee Postponed Olympics Will Be Held Even in 2021
Apr 13 2020 // As the coronavirus spreads in Japan, the chief executive of the Tokyo Games said Friday [April 10] he can’t guarantee the postponed Olympics will be staged next year – even with the long delay. Japanese Prime...
Failure to Act on Climate Change Could Make Weather Risks Uninsurable: Swiss Re
Apr 8 2020 // Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which could make some weather...
Tokyo Games Delayed to 2021 in 1st Postponement in Olympics’ 124-Year History
Mar 24 2020 // The Tokyo Olympics were postponed on Tuesday into 2021, the first such delay in the Games’ 124-year modern history, as the coronavirus crisis wrecked the last international sporting showpiece still standing this...
Possible Delay of Tokyo Olympics Dismissed by Head of Organizing Committee
Mar 11 2020 // A delay of one or two years would be the “most feasible” option if the Tokyo Olympics cannot be held this summer due to the global outbreak of the coronavirus, a member of the organizing committee’s...
FACTBOX: Latest News on Coronavirus’ Health, Economic Impact
Mar 9 2020 // The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage. DEATHS/INFECTIONS * More than 110,000 people have been infected by the...
Coronavirus’ Hits to Supply Chains Could Surpass Natural Disasters: Opinion
Feb 26 2020 // Everyone is wondering when China will return to work. While it may be tempting to consider past epidemics or labor strikes to gauge how quickly that could happen, the industrial shutdown from the coronavirus is looking...
Cruise Ship Tests Coronavirus Containment as 300 Passengers Return to U.S.
Feb 17 2020 // TRAVIS AIR FORCE BASE, Calif./GENEVA, Feb 17 —More than 300 American cruise liner passengers, including 14 who tested positive for coronavirus, were flown home to military bases in the United States after two weeks under...
China’s Coronavirus Deaths, Infections Rise; Supply Chains, Production, Travel Disrupted
Feb 6 2020 // China’s fast-moving coronavirus spread among passengers of a quarantined Japanese cruise liner on Thursday and dragged down production at more global businesses, as scientists across the world searched for a...
Roundup: Nations Stepping Up Scrutiny of Vessels, Trains Shipping from China
Feb 5 2020 // Vessels and trains coming from China are in focus as nations take steps to halt the spread of a deadly coronavirus that originated in the world’s second-biggest economy. Here’s a roundup of some of the latest...
Global Coronavirus Cases Soar to 10,000 as WHO Declares Health Emergency
Jan 31 2020 // The U.K. confirmed its first two cases of coronavirus on Friday, while the U.S. and Japan advised citizens to avoid traveling to China. Singapore suspended visas issued to Chinese citizens. Stocks fell in Europe and Asia...
Coronavirus Impact: Growing List of Global Firms Cut Back on China Business Activities
Jan 29 2020 // Starbucks Corp. has closed more than half of its coffee shops in mainland China — about 2,000 of them — and Toyota Motor Corp. is halting production in the country, as global corporations grapple with a...
Pandemic Fears Grow as China Steps Up Efforts to Control New Flu-Like Coronavirus
Jan 22 2020 // Deaths from China’s new flu-like virus rose to nine on Wednesday with more than 470 confirmed cases, heightening global fears of contagion from an infection suspected to have come from animals. The previously unknown...
Japan Firms Have Done Little to Build Resilience Against Increasing Floods: Reuters Poll
Jan 17 2020 // Japanese companies have contingency plans for the floods that increasingly drench this island nation, but most have done little to fortify facilities, relying instead on insurance and securing alternative supply sources, a...
