Berlin and Tokyo are looking to lessen their dependence on China for raw materials. Read more at straitstimes.com.
Mr Scholz’s focus on Japan is not a coincidence as he has repeatedly stated that democratic nations must work more closely together to counter the influence of economic rivals with different political systems.
German carmakers and their suppliers are trying to secure direct access to raw materials such as lithium and cobalt needed in the production of battery cells for electric vehicles. America’s only rare-earths producer has agreed a deal to ship output from its new processing plant to Japan. He also plans to attend the G-7 leaders summit in Hiroshima in mid-May, where the topic of economic security and supply chain resilience will feature high on the agenda.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan, Germany agree to carefully monitor markets, coordinate as neededTOKYO : Japan and Germany agreed on Saturday to coordinate closely on financial jitters stemming from problems among Western banks while carefully monitoring global markets and economy, a Japanese finance ministry official told Reuters. The agreement came in a 45-minute meeting between Japanese Finance
Read more »
Omurice, comfort food for Japanese and Koreans, a symbol of warmer tiesTOKYO - Nearly everything about South Korean President Yoon Suk Yeol's first summit with Japanese Prime Minister Fumio Kishida in Tokyo will be scrutinised for signs of warmer bilateral ties, including a shared meal of a Tokyo classic called omurice. The dish, whose name is a mash-up of omelette and rice, has become the talk of the town since Japan's...
Read more »
Japan govt, BOJ officials to discuss markets after SVB collapseTOKYO : Japan's Ministry of Finance (MOF), Financial Services Agency and Bank of Japan (BOJ) said on Friday their officials will meet at 4:45 p.m. (0745 GMT) on Friday to discuss financial market developments.Global financial markets, including Japan's, went on a rollercoaster ride this week as fears of a
Read more »
Japan govt, BOJ officials to discuss markets amid banking turmoilTOKYO :Japan's Ministry of Finance (MOF), Financial Services Agency and Bank of Japan (BOJ) said their officials will meet on Friday afternoon to discuss financial markets, as a brewing banking crisis triggered volatile asset price moves.Global financial markets, including Japan's, went on a rollercoaster rid
Read more »
Fencing-Germany cancels World Cup event after Russia, Belarus readmittedGermany's fencing federation has cancelled a women's foil World Cup event after the sport's global governing body (FIE) reversed a ban on athletes from Russia and its ally Belarus, it said on Thursday.Athletes from the two countries were banned from many international competitions after Russia invaded Ukr
Read more »
Germany call up five newcomers for Peru, Belgium friendliesBERLIN : Germany have called up five newcomers to their squad for this month's friendlies against Peru and Belgium as coach Hansi Flick looks to rebuild his team for Euro 2024 on home soil.Brentford's Kevin Schade was included on Friday along with VfB Stuttgart's Josha Vagnoman, Mergim Berisha of Augsburg
Read more »