Tokyo

Japan says it will leave IWC to resume commercial whaling

TOKYO  — Japan says it is leaving the International Whaling Commission to resume commercial hunts but says it will no longer go to the Antarctic to hunt. Chief Cabinet Secretary Yoshihide Suga said Wednesday that Japan’s commercial whaling will be limited to its territorial and economic waters. The IWC imposed a commercial moratorium in the … Continue reading Japan says it will leave IWC to resume commercial whaling

TOKYO | Japan: Economy shrank at 2.5 percent annualized rate

TOKYO — Japan’s economy shrank at an annualized rate of 2.5 percent in July-September, a worse contraction than preliminary data indicated last month. The earlier data put the contraction at 1.2 percent, as consumer spending, investment and exports fell. The revised data released Monday by the government Cabinet Office shows seasonally adjusted gross domestic product … Continue reading TOKYO | Japan: Economy shrank at 2.5 percent annualized rate

TOKYO | As Ghosn heads for Nissan exit, Renault merger hopes fade

TOKYO — The arrest of Nissan chairman Carlos Ghosn could extinguish any remaining hopes for a merger with key shareholder Renault, which the Japanese company’s CEO has publicly opposed. Ghosn had this year said he was open to the idea of a merger between Nissan and Renault, where he is chief executive and which he … Continue reading TOKYO | As Ghosn heads for Nissan exit, Renault merger hopes fade

TOKYO | Nintendo quarterly profit up on Switch console, game sales

TOKYO  — Nintendo Co., the Japanese video-game maker behind the Super Mario and Pokemon franchises, has recorded a 12 percent gain in its profit in July-September on the back of healthy Switch console sales. Nintendo said Tuesday that it logged a 34 billion yen ($301 million) profit in the last quarter, up from 30 billion … Continue reading TOKYO | Nintendo quarterly profit up on Switch console, game sales