Ldp Seeks Measures Surpassing 2008 Global Crisis

LDP seeks measures surpassing 2008 global crisis

Japan's ruling Liberal Democratic Party has put together its draft proposals on a stimulus package to cope with the economic impact of the coronavirus pandemic. It calls for measures of a larger scale than those taken during the 2008 global financial crisis.

The draft includes a proposal of 20 trillion yen, or about 186 billion dollars, in fiscal spending and 60 trillion yen, or about 560 billion dollars, for businesses.

Kuroda Cites Need For Global Cooperation

Kuroda cites need for global cooperation

Bank of Japan Governor Haruhiko Kuroda has stressed the need to closely work with other countries to address the impact of the new coronavirus outbreak on the global economy.

After a BOJ policymakers' meeting on Monday, Kuroda told reporters that they convened two days earlier than scheduled because of the need for swift measures that smoothen business operations and stabilize financial markets.

Abe Pledges Further Global Cooperation On Virus

Abe pledges further global cooperation on virus

Japanese Prime Minister Shinzo Abe says Japan will step up cooperation with the international community to fight the coronavirus, now that the World Health Organization has declared a global pandemic.

Abe told reporters on Thursday morning the declaration is a response to the ongoing spread of the virus around the world.

Researchers: Global Warming May Slow Typhoons

Researchers: Global warming may slow typhoons

A group of researchers says global warming could slow down the speed of typhoons passing over or near Japan, leading to greater damage.

The group is led by Munehiko Yamaguchi, a senior researcher at the Japan Meteorological Agency's Meteorological Research Institute.

Global Warming Could Bring More Snow To Some Areas

Global warming could bring more snow to some areas

Researchers in Japan have warned that global warming will likely bring heavy snow to mountainous areas in eastern Japan.

A team led by Tohoku University Assistant Professor Takahiro Sasai simulated how snow would fall if global average temperatures rise by four degrees Celsius due to global warming.

Global Forum On Excess Steel Capacity To End

Global forum on excess steel capacity to end

A global forum on excess capacity to produce steel will end this year due to China's opposition to continuing the framework.

The forum was established in 2016 to discuss overproduction of steel, such as by China. The product is then exported at unfairly low prices.

Abe: Japan Will Contribute To Global Community

Abe: Japan will contribute to global community

Japan's Prime Minister Shinzo Abe says the country will make further contributions to the international community.

Abe and his wife hosted a banquet at a hotel in Tokyo on Wednesday, to express gratitude to foreign dignitaries who attended Tuesday's enthronement ceremony of Emperor Naruhito.

Abe: Global Economic Stability Depends On Mideast

Abe: Global economic stability depends on Mideast

Japan's Prime Minister Shinzo Abe has said his country will do its utmost to bring about peace and stability in the Middle East. He made the comment during a news conference in New York after meeting with US President Donald Trump.

Abe said, "Japan, along with the international community, strongly condemns the attacks on the oil facilities. I am deeply concerned about the worsening situation in the Middle East. The stability of the global economy is dependent on the peace and stability of this region."

Abe Says G7 Leaders Focused On Global Economy

Abe says G7 leaders focused on global economy

Japanese Prime Minister Shinzo Abe says one of the main topics at the Group of Seven summit was the increasing uncertainty over the future of the global economy.

"With regard to the downside risks, we have agreed that we need to work together to carry out prompt and thorough measures to support the global economy," Abe said.

Abe Stresses Commitment To Global Growth

Abe stresses commitment to global growth

Leaders at the G20 summit have wrapped up their 2-day meeting with a joint declaration. As the summit chair, Japan's prime minister hailed the efforts of national heads to work together toward global growth and confront risks to prosperity.

The meeting took place amid growing protectionist sentiment in the US and some other countries.

An Okinawa University Ranks In Global Top-ten

An Okinawa university ranks in global top-ten

The British science journal Nature has ranked a university in Japan's southern prefecture of Okinawa in the top ten of institutions with the highest output of top-quality research in the natural sciences.

The Okinawa Institute of Science and Technology Graduate University was ranked tenth globally and number one in Japan.