Kyodo News Digest: November 25, 2022

Japanese fans clear rubbish at the Khalifa International Stadium after Japan defeated Germany in a Group E World Cup soccer match on November 23, 2022 in Doha, Qatar. (Kyodo) ==Kyodo

The following is the latest list of select news summaries from Kyodo News.


Japanese Prime Minister Kishida is planning a US trip for talks with Biden in January.

TOKYO — Japanese Prime Minister Fumio Kishida plans to visit the United States in January for talks with President Joe Biden, government sources said on Thursday, with deepening the bilateral security alliance likely high on the agenda.

The trip is scheduled for Jan. 7-9 or sometime around what would be his first visit to Washington since taking office last October, the sources said.


Shionogi is applying for approval of a COVID-19 vaccine, first as being made in Japan

OSAKA – Japanese pharmaceutical company Shionogi & Co. applied Thursday to the Ministry of Health for approval of its novel coronavirus vaccine.

It was the first application of a COVID-19 vaccine developed in Japan. Just two days after the ministry granted emergency use authorization for its oral coronavirus drug Xocova, the first for a domestic drugmaker, Shionogi is now seeking authorization to manufacture and sell the recombinant protein-based vaccine.


US military ready to return to Subic Bay to counter Chinese presence

SUBIC, Philippines — The U.S. military is likely to return to Subic Bay 30 years after abandoning what was once Asia’s largest military base amid concerns about China’s increasing maritime assertiveness, a senior official with the local agency that oversees the free zone said.

Former US naval base Subic Bay, facing the South China Sea, has blossomed into a busy freeport employing about 150,000 locals and managed by the Subic Bay Metropolitan Authority.


Tokyo court destroyed records related to order to disband AUM sect

TOKYO – The Tokyo District Court has disposed of records related to a 1995 motion for an order to disband AUM Shinrikyo after the cult committed a series of crimes including a deadly sarin gas attack on Tokyo’s subway system, it said an official.

As one of the few cases in Japan where the court issued a dissolution order under the Religious Corporations Law, the disclosure is likely to reinforce demands for proper preservation of official records.


China sees record daily COVID cases of nearly 30,000 amid lockdowns

BEIJING — China on Thursday reported record daily coronavirus cases of nearly 30,000 on the mainland as the government continues to implement its tough “zero-COVID” policy, which includes lockdowns in about 20,000 areas.

New cases, including asymptomatic but excluding international arrivals, totaled 29,754 on Wednesday, according to the National Health Commission, the highest since the figure began being released in spring 2020.


Opposition leader Anwar was sworn in as Malaysia’s prime minister

KUALA LUMPUR — Malaysian opposition leader Anwar Ibrahim was sworn in as prime minister on Thursday after the palace named the former deputy prime minister as the country’s new leader after Saturday’s general election that left parliament deadlocked.

Anwar’s multi-ethnic Pakatan Harapan, or Alliance of Hope, is expected to form a government with the National Front coalition popularly known as BN, the previous governing coalition led by Prime Minister Ismail Sabri Yaakob.


Despite inflation, Japan is sticking to its assessment of the economic recovery in November

TOKYO – Japan on Thursday maintained its view that the economy is recovering moderately as solid pent-up demand for services following the lifting of COVID-19 restrictions continued to support private consumption despite accelerating inflation.

The Cabinet Office maintained its assessment for the fifth straight month in its November economic report, while continuing to warn of volatility in financial markets after the yen’s sharp fall against the US dollar.


MUFG buys Asian units of Dutch consumer lender for EUR 596 million

TOKYO – Mitsubishi UFJ Financial Group Inc. announced on Thursday that it will acquire two Southeast Asian subsidiaries of the Philippines- and Indonesia-based consumer finance firm Home Credit BV, based in the Netherlands, for a total of about 596 million euros ($622 million).

The Japanese banking group, along with its local subsidiaries, will acquire a 100 percent stake in HC Consumer Finance Philippines Inc. and will hold an 85 percent stake in PT Home Credit Indonesia, it said. The deal is expected to close in 2023.


Leave a Reply

Your email address will not be published. Required fields are marked *