Business

Japan to Shift Legacy Tech Production to India

By BPN News Desk
Japan and India are preparing to relocate production of legacy semiconductor chips, LCD panels, and battery technologies from Japan to India. The initiative is designed to strengthen economic security and reduce reliance on Chinese manufacturing, especially in sectors critical for consumer electronics and electric vehicles. The move focuses on “legacy” technologies, which
International

Japan Cancels U.S. Visit Over Tariff Snag

By BPN News Desk
Japan’s chief trade negotiator, Ryosei Akazawa, has canceled a planned trip to Washington meant to conclude talks on a $550 billion investment package tied to tariff relief. The visit was postponed after unresolved details in the agreement remained unsettled. Investment Deal Linked to Tariff Cuts The proposed deal, agreed in principle in July, would lower […]
Image Credit: https://www.pmindia.gov.in/
International

PM Modi in Japan for Key Bilateral Summit

By BPN News Desk
Prime Minister Narendra Modi left for Tokyo tonight on his first standalone visit to Japan in seven years. He will take part in the 15th India–Japan Annual Summit on August 29–30, focusing on trade, defense, investment, and technology cooperation. Addressing Trade Tensions and Economic Priorities The trip comes against the backdrop of steep U.S. tariffs […]
International

U.S. Revises Japan Tariff Calculation After Error

By BPN News Desk
Japan revealed that the United States made a clerical error in calculating the “reciprocal” tariff rate. As a result, the effective rate on Japanese goods entering the U.S. will be lower than initially announced. What Went Wrong Japan’s chief trade negotiator, Ryosei Akazawa, explained that the original figure overlooked an agreed-upon tariff ceiling for Japan. […]
International

China and Russia Begin Joint Naval Exercises

By BPN News Desk
China and Russia have started a three-day joint naval exercise named “Joint Sea-2025” in the Sea of Japan. The drill, launched near the Russian port city of Vladivostok, involves multiple warships, submarines, and support vessels from both countries. Drill Objectives and Activities The exercises focus on a range of coordinated military operations such as
International

Tsunami Warnings Issued After Massive Russian Quake

By BPN News Desk
A powerful 8.8 magnitude earthquake struck off the Kamchatka Peninsula in Russia’s Far East early Wednesday, setting off tsunami waves across the Pacific Ocean. The earthquake, among the most powerful recorded in modern history, caused sea surges that reached California, Hawaii, and Japan. According to the Kremlin, no casualties have been reported so far in […]
International

Japan PM Denies Resignation, Focuses on US Trade Deal

By BPN News Desk
Japanese Prime Minister Shigeru Ishiba has denied media speculation that he is planning to resign. Speaking on July 23, Ishiba called the rumours “baseless” and confirmed that no resignation discussions took place within his party. His statement follows poor results in the recent upper house elections, which triggered internal debate and public speculation about his […]

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