According to a report "Fragile Equilibrium: LNG Trade Dynamics and Market Risks" China has surged ahead of Japan to become the world's largest LNG importer. The US became the top LNG exporter in 2023. The IEF's secretary general said that demand for LNG has grown and continues to "enhance energy...

New Delhi, India - US Secretary of State Antony Blinken wrapped up a marathon diplomatic push on Friday in India after a whirlwind Middle East trip and G7 talks, saying Israel's pauses in its Gaza offensive would "save lives" but more was needed. "Far too many Palestinians have been killed," Blinken...

Tokyo, Japan - Japan's government said on Friday that it plans to spend 2 trillion yen ($13 billion) to boost domestic production of strategically important semiconductors and generative AI technology. The planned outlays will include 700 billion yen ($4.6 billion) to support the construction of a Taiwan Semiconductor Manufacturing Company (TSMC)...

The company net profit for July-September sank 29 percent

"We stress the need for urgent action to address the deteriorating humanitarian crisis in Gaza... we support humanitarian pauses and corridors to facilitate urgently needed assistance, civilian movement, and the release of hostages," the ministers said in a joint statement after talks in Japan.

"The United States believes key elements should include: no forcible displacement of Palestinians from Gaza, not now, not after the war; No use of Gaza as a platform for terrorism or other violent attacks; No reoccupation of Gaza after the conflict ends," Blinken told reporters. He added that other conditions...

The company plans a $13.9bn investment in a battery plant.

There is a sense of relief on trading floors that the Israel-Hamas conflict has been contained so far, with optimism growing that other regional players including Iran and Saudi Arabia will not get involved. After surging almost three percent Friday on fears of a wider conflagration, both main contracts tumbled...

Ryo Yoshida's monster-sized drivable robot is hard to park and the $3-million price tag will crush most wallets.

Tokyo, Japan - A cartoon canine AI chatbot designed to cheer up and inform lonely older residents of western Japan is in the doghouse after providing error-laden responses. Powered by generative artificial intelligence, "Dai-chan" was this year launched by Osaka authorities who called it the first of its kind in a...

Riyadh, Saudi Arabia -- The Saudi Authority for Industrial Cities and Technology Zones (Modon) has attracted new investments by partnering with China and Japan to provide third-party services in industrial cities, as part of Modon's strategic vision to be a preferred destination for the growth of investments and the first...

Abu Dhabi, UAE - ADNOC Gas on Wednesday announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED1.8 billion) and $700 million (AED2.5 billion), with JERA Global Markets, a trading subsidiary of JERA Co. This agreement builds on the long-standing relationship between the UAE and Japan...

Chip-testing equipment maker Advantest sank 4.79 percent to 4,351 yen and chip-making equipment manufacturer Tokyo Electron gave up 3.84 percent to 20,395 yen. High-tech investor SoftBank Group fell 2.04 percent at 6,375 yen, Sony Group dropped 1.87 percent to 12,610 yen and Panasonic dived 3.18 percent to 1,565.5 yen.

Abu Dhabi, UAE--Abu Dhabi Oil Company (ADOC) is planning more investments and expansions in the UAE, according to a senior company official. Takahiko Shingai, Deputy General Manager and Director of Development Department at ADOC, told the Emirates News Agency (WAM) on the sidelines of the ADIPEC 2023 exhibition and conference...

New Delhi, India - Army chiefs and senior officers from 30 countries including the United States met in India on Tuesday to discuss threats facing the Asia-Pacific region, in the face of concern at an increasingly assertive China. US Army chief Randy George said the region was "critically important", speaking to reporters...

QatarEnergy will supply naphtha to Marubeni for 10 years.

Tokyo, Japan-- The UAE and Japan have held discussions to boost partnership in various sectors of the economy even as the first ministerial meeting of the comprehensive strategic partnership took place between the two countries in Tokyo. In this regard, Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced...

Scientists hope the samples will provide a better understanding of the formation of our solar system and how Earth became habitable.

Activision Blizzard makes popular games like "Call of Duty".

Pressure from activist shareholders and a takeover offer from private equity group CVC prompted aborted attempts to split the company first into three, and then into two. "Toshiba Group will now take a major step toward a new future with a new shareholder," CEO Taro Shimada said in a statement...

Ronaldo played a key role in Nassr's opener just after the hour, the Portuguese instigating the move that led to Abdulrahman Ghareeb’s blocked shot cannoning off Persepolis full-back Esmaeilifar and nestling in the net. Ten minutes later, Nassr left-back Mohammed Qassem broke down the left and thumped his shot high past Beiranvand...

Abu Dhabi, UAE - The UAE ranks among the top world leaders in solar energy use, according to a recent report published by the Energy Institute Statistical Review of World Energy. With three of the planet’s largest solar sites, the UAE is the 6th highest per capita consumer of solar...

Washington, US - The REPO (Russian Elites, Proxies and Oligarchs) task force, set up to search and freeze Russia-related assets, estimates the overall value of sovereign Russian assets, blocked by the West, at $280 billion. “The total value of assets <…> is estimated at around $280 billion, the majority of which is held in the European Union,” the US Department of the Treasury...

The 10-member Association of Southeast Asia Nations (ASEAN) was holding separate summits with China, Japan, South Korea, the United States and Canada, providing an arena for big powers to lobby the bloc. US Vice President Kamala Harris is attending in place of President Joe Biden, while Chinese Premier Li Qiang...

Cairo, Egypt-- Vowing to expand their relations to cultural, educational, environmental, and energy fields, Arab states and Japan have expressed satisfaction with the level of cooperation between the two. Dr. Abdullatif bin Rashid Al-Zayani, Minister of Foreign Affairs of Bahrain, participated in the third session of the Arab-Japan Political Dialogue...

Arm is a world leader in designing chips that are used in smartphones.

Captain Kuany Ngor Kuany, who was born in South Sudan but moved to Australia as a nine-year-old, said the tournament was "a tool to promote the image of our country". The team played their first official international game only six years ago, but Kuany says they have captured the South...

The news of system glitch sent Toyota's stocks into the red, trading 0.64 percent lower at 2,421.0 yen. But the shock selling seemed to have slowed before the midday break in Tokyo markets.

Florida, US--NASA and SpaceX's Dragon spacecraft blasted off on Saturday carrying four astronauts to the International Space Station. The Crew-7 mission is commanded by American Jasmin Moghbeli and includes Andreas Mogensen of Denmark, Satoshi Furukawa of Japan and Konstantin Borisov of Russia. The Dragon spacecraft carried by a Falcon 9...

Tokyo, Japan -- Japan is preparing to hold a foreign ministers' meeting with the six member states of the Gulf Cooperation Council in Saudi Arabia in early September, a report said. Japan's Kyodo News said the meeting comes as Japan aims to strengthen relations with oil-producing countries in the Middle...

In 2014, the CEO of Tesla and SpaceX visited Japan for a ceremony marking his electric car-making company's full-scale entry to the country's market. During that trip, he briefly met with then prime minister Shinzo Abe, who was gunned down last year.

YOKOHAMA, JAPAN - Dressed up and ready for battle, around 10,000 Pokemon fans have descended here this weekend, looking for fun but also collector's item cards potentially worth serious money. Since the launch of Pokemon cards in 1996 following the hit computer game of the same name - meaning "pocket monsters"...

Riyadh, Saudi Arabia--The Saudi Export Development Authority organized a trade mission to Japan under the theme of "Saudi Made" in Tokyo on Tuesday. The mission comes as part of the Saudi Export Development Authority efforts aimed at developing non-oil Saudi exports, stemming from its role in promoting exporters and their...

The museum in central Tokyo, which features a model of a blue whale outside, has previously turned to crowdfunding for three smaller projects, but the 100-million-yen goal was "the highest ever" for the institution, the head of the museum Shinoda said.

The investment giant was hit by a drop in the share prices of major holdings.

Tokyo, Japan - Iran's foreign minister visited Japan on Monday for the first time since 2019, in a rare trip to a G7 member country by the Islamic republic's top diplomat. The purpose of the visit by Hossein Amir-Abdollahian to the current chair of the G7 was not announced, but reports...

The 14bn deal comes after years of turmoil for the company.

Tokyo, Japan--Japan's crude oil imports from the United Arab Emirates amounted to 25.63 million barrels in June 2023, or 37.4 percent of total imports, the Natural Resources and Energy Agency of Japan's Ministry of Economy, Trade and Industry said. During June, Japan's total crude oil imports were 68.5 million barrels,...

The automaker's profit surged 78 percent to US$9.1 billion.

The talks to be hosted in the Red Sea coastal city of Jeddah next weekend will discuss a path toward peace in Ukraine, convening representatives from Kyiv, Western powers and developing countries. Russia is likely to miss the meeting just as it did not participate in a similar gathering last...

After a closely watched meeting, the Bank of Japan said it would allow "greater flexibility" in government bond markets, having allowed them to move in a tight band in a process known as yields curve control. But on Friday it said that while it would maintain that range, its upper...

Results due to better sales in Japan, North America.

Osaka, Japan - Paris Saint-Germain have given Saudi club Al Hilal permission to speak to Kylian Mbappe after tabling a world record 300-million-euro ($333 million) bid, a source close to the negotiations told AFP on Monday. The Riyadh-based club has made a formal offer by letter, the source said, but such...

The portfolio comprises 27 hotels across Japan.

Kishida and Qatar's Emir Sheikh Tamim bin Hamad Al-Thani discussed "developments related to energy security and supplies," the Qatari leader said in a statement. They will attend a Japan-Qatar meeting that aims to "promote cooperation in energy security and in the field of clean energy and decarbonization," said Japan's foreign ministry.

Japan's exports to the Gulf countries include automobiles, machinery, iron and steel, electrical machinery, rubber, textiles, visual goods, and foodstuffs.

As the UAE prepares to host COP28, Japan aims to offer its green and renewable energy technologies to support the Gulf states' decarbonisation efforts. Japanese PM Fumio Kishida's visit also witnessed the UAE-Japan Business Forum, where 23 cooperation agreements were signed, bolstering economic and trade ties between the two countries.

RIYADH, SAUDI ARABIA – Saudi Arabia and Japan issued a joint statement on Lighthouse Initiative for Clean Energy Cooperation. The statement is as follows: On July 16, in Jeddah, Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, and Kishida Fumio,...

Jeddah, Saudi Arabia--Looking to consolidate trade and investment ties, the Gulf Cooperation Council (GCC) and Japan announced their resumption of the Free Trade Agreement (FTA) negotiations. In this regard the two sides signed a joint statement on the sidelines of the meeting held here today between Fumio Kishida, Prime Minister...

The deals signed during Japanese Prime Minister Fumio Kishida's official visit to Saudi Arabia reflect the shared commitment to the Saudi-Japanese Vision 2030, says Saudi envoy.