Latest news with #SHOTAROTANI
Nikkei Asia
3 days ago
- Politics
- Nikkei Asia
Japan's PM Ishiba vows to carry on despite big loss in upper house poll
Japanese Prime Minister Shigeru Ishiba speaks to media at the LDP's headquarters in Tokyo on July 20. (Photo by Mayumi Tsumita) SHOTARO TANI TOKYO -- Japan's Prime Minister Shigeru Ishiba vowed to stay on as the country's leader, even as his ruling coalition looked set to suffer a significant loss of seats in Sunday's upper house election. The ruling Liberal Democratic Party and its coalition partner Komeito are poised to end up with far fewer seats than the 141 they held in the chamber, even after including the 75 seats that were not up for re-election.
Nikkei Asia
25-06-2025
- Business
- Nikkei Asia
TotalEnergies to start production at Asia-serving Mozambique LNG in 2029
TotalEnergies CEO Patrick Pouyanne poses before an interview in Tokyo on June 18. (Photo by Yuki Kohara) SHOTARO TANI TOKYO -- The CEO of French oil major TotalEnergies said production of liquefied natural gas at its $20 billion dollar Mozambique LNG project will begin in 2029, given the improving security situation and the release of key financing from the U.S. Patrick Pouyanne told Nikkei Asia that the company is looking to relaunch the project this summer, after years of suspended activities due to violence from Islamic insurgents. That will put the huge natural gas project, key to Asia's energy security, in line to start operations before the end of the decade, he said.
Nikkei Asia
24-06-2025
- Science
- Nikkei Asia
Radiation risk from US strikes on Iran likely to be limited, experts say
Left, a satellite image shows an overview of the Fordow complex after the U.S. struck the underground nuclear facility in Iran. The image on the right was taken before the attack. © Reuters SHOTARO TANI and RYOHTAROH SATOH TOKYO -- The U.S. strikes on Iranian nuclear facilities are unlikely to cause major radiation risks, experts say. The U.S. struck three nuclear sites in Iran, each vital to Tehran's nuclear program, using so-called bunker busters to target underground facilities. President Donald Trump has claimed the attacks "obliterated" the sites, but the exact damage is still being analyzed by experts.
Nikkei Asia
24-06-2025
- Business
- Nikkei Asia
Oil plunges, Asian stocks up on Trump ceasefire claim
President Donald Trump's ceasefire announcement came shortly after Iran carried out a missile attack on a U.S. military base in Qatar as retaliation for U.S. airstrikes. © Reuters SHOTARO TANI and JADA NAGUMO TOKYO -- Oil prices plunged and Asian stocks rose sharply on Tuesday, after U.S. President Donald Trump announced a ceasefire between Israel and Iran. The price of Brent crude, the international benchmark, opened Asian trading down more than 3% to trade below $70 per barrel. The drop came on top of a 7% drop in Monday trading, its biggest fall since March 2022.
Nikkei Asia
14-06-2025
- Business
- Nikkei Asia
Nippon Steel set to complete $14bn acquisition of U.S. Steel next week
SHOTARO TANI and NAOKI MATSUDA TOKYO -- U.S. President Donald Trump on Friday cancelled the decision by former President Joe Biden to block Nippon Steel's acquisition of U.S. Steel, paving the way for the Japanese company to finalize its takeover of its American counterpart. Nippon Steel is expected to complete the acquisition on Wednesday U.S. time, buying all U.S. Steel shares for $14.1 billion.
