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Nikkei Plunges Over 2,800 Points In 3rd Largest Drop In History

  • Category:Other
JAPAN TODAY
 
Tokyo stocks plunged Monday, with the Nikkei index losing over 2,800 points and marking the third-largest point drop in history, as crude oil futures surged amid growing prospects of a prolonged Middle East conflict.
The 225-issue Nikkei Stock Average ended down 2,892.12 points, or ...

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Tokyo Stocks Rebound As Oil Supply Worries Ease

  • Category:Other
NHK
 
Japan's benchmark stock index rebounded sharply on Tuesday as concerns eased that the Middle East conflict could disrupt global oil supplies.
The Nikkei 225 gained 2.88 percent to close at 54,248. It rose 3.7 percent at one stage after G7 member nations indicated they are ready to release o...

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Asian Shares Tumble, As War With Iran Widens And Oil Surges Higher

  • Category:Other
JAPAN TODAY
 
Asian shares tumbled Wednesday, with South Korea's benchmark plunging more than 11%, while oil prices climbed even higher as the war with Iran widened.
Worries over Iran have hammered most world markets, spooking investors who fear more spikes for oil prices may grind down the globa...

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Japan's Jobless Rate Rises To 2.7% As Workers Seek Better Positions

  • Category:Other
JAPAN TODAY
 
Japan's unemployment rate in January rose to 2.7 percent from 2.6 percent in the previous month, climbing for the first time in five months, as more workers left their jobs to seek improved conditions, government data showed Tuesday.
The number of people with jobs edged down 0.4 per...

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Meitetsu Department Store Closes In Nagoya After 71-Year Run

  • Category:Shopping
JAPAN TIMES
 
The main store of Meitetsu Department Store, a landmark at Nagoya Station in central Japan for over 71 years, closed permanently on Saturday.
The closure is part of a redevelopment plan for the Nagoya Station area, led by the department store operator's parent company, Nagoya Railro...

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Mizuho Plans To Replace 5,000 Clerical Jobs With AI In 10 Years

  • Category:Other
JAPAN TIMES
 
Mizuho Financial Group is planning to replace about 5,000 administrative jobs in Japan with artificial intelligence over the next 10 years, as the country’s third-largest lender tries to boost productivity.
“We are planning to enhance our earnings capabilities by shifting human reso...

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Japan to Use ODA for Economic Security

  • Category:Other
NIPPON
 
The Japanese government plans to use its official development assistance to enhance economic security, a draft proposal showed Friday.
The ODA will be used to address economic security concerns, including securing energy supplies and critical minerals, according to the draft of the 2025 ...

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Microsoft Japan Probed Over Alleged Antitrust Violation

  • Category:Other
JAPAN TIMES
 
Japan's fair trade commission conducted an on-site inspection of Microsoft's Japanese subsidiary on Wednesday over a suspected violation of antitrust law, a source close to the matter said.
The source, who declined to be identified, confirmed local media reports that Microsoft Japan...

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Nikkei Index Ends At Record High

  • Category:Other
JAPAN TODAY
 
The Nikkei stock index ended at a record high above 58,000 on Wednesday, as speculation about further interest rate hikes by the Bank of Japan receded after the government's nomination of two new BOJ policymakers.
The U.S. dollar briefly rose above the 156 yen line in Tokyo after th...

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Mcdonald's To Raise Menu Prices In Japan Starting Wednesday

  • Category:Gourmet
JAPAN TIMES
 
McDonald's (Japan) said Tuesday it will raise the prices of about 60% of its menu items by ¥10 ($.06) to ¥50 starting on Wednesday.
The markups reflect higher material, energy and labor costs, according to the hamburger chain.
The Big Mac will see its tax-inclusive price rise from ¥...

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