Chubu Electric Co. and Tokyo Electric Power Co. shares fell after the Japanese utilities said their quarterly earnings were impacted by surging fuel costs, which coincided with the end of a power supply agreement.

Tokyo is planning to expand its financial support to Japanese companies investing in pipeline projects overseas including the Middle East, as part of efforts to strengthen alternative oil and gas transportation routes in the Gulf region to bypass the Strait of Hormuz.

Japan’s spot power price climbed to a six-week high as rising temperatures in the capital city lifted consumption, while renewed disruptions to shipping through the Strait of Hormuz drove up fuel costs.

The Japanese government is expected to call for “appropriate” monetary management in its basic policy guidelines, according to a document seen by Bloomberg, in an apparent bid to dissuade the Bank of Japan from further interest rate hikes.

Japan is planning to replace up to 14 nuclear reactors by the 2050s, as it looks to meet rising power demand at home and cope with increasing geopolitical risks abroad.

The incoming chairman of Tokyo Electric Power Co. said he is open to forming alliances with companies outside of Japan as the nation’s largest utility seeks to restructure its operations and fund the massive cost of cleaning up the Fukushima nuclear disaster.

Japan has launched an anti-dumping probe into imports of key steel products shipped from China, South Korea and Taiwan, adding to signs of trade stress in a sector suffering from global overcapacity.

A subsidiary of Japanese trading house Itochu Corp. will take over SunMed Group Holdings’ Japan sales operations, as the US medical equipment maker struggles to remain profitable in the country due to the weak yen and inflationary pressure.

Japanese refiner Eneos Holdings Inc. agreed to purchase some of Chevron Corp.’s refining and retail assets across the Asia-Pacific for $2.17 billion in cash, significantly expanding its footprint across the region.

Japanese trading house Sojitz Corp. is looking to Southeast Asia and other regions as new potential sources of rare earths outside Australia, as it aims to boost output and diversify its supply chain of the highly sought-after materials.

Japan’s big five trading houses are set to benefit from war-related supply disruptions this year, with higher energy and metals prices driving stronger earnings.

China’s exports of rare-earth magnets and materials to Japan fell sharply in March, as souring relations between the Asian nations heighten concerns about a potential supply squeeze.

Japan’s Mitsui OSK Lines Ltd., one of the world’s largest shipping companies, said it would need to scrutinize details of a US-Iran ceasefire agreement and its implementation before allowing its vessels to test the Strait of Hormuz.

Japan’s Mitsui OSK Lines Ltd., one of the world’s largest shipping companies, said it would need to scrutinize details of a US-Iran ceasefire agreement and its implementation before allowing its vessels to test the Strait of Hormuz.

Japan’s cities and villages are starting to experience fuel shortages affecting everything from public transport to farming, as disruptions from the Iran war seep deeper into daily life.

Japan will sell oil from its national reserves at prices based on levels before the start of the Middle East war, according to the country’s trade minister.

Lynas Rare Earths Ltd.’s shares spiked after winning a commitment from Japan to pay guaranteed long-term prices for the critical materials, the latest sign of the enduring impact of China’s supply squeeze.

Lynas Rare Earths Ltd.’s shares spiked after winning a commitment from Japan to pay guaranteed long-term prices for the critical materials, the latest sign of the enduring impact of China’s supply squeeze.

A breakthrough at the plant devastated in 2011 is testing a new approach to shutting down atomic reactors.

Abu Dhabi National Oil Co. Chief Executive Officer Sultan Al Jaber met with Japanese Prime Minister Sanae Takaichi in Tokyo on Thursday as the war in the Middle East chokes energy flows to Asia.