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Essential Services Shortage to Hit Japan’s GDP By Up to ¥76 Tril. By 2040

  • Category:Other
JAPAN NEWS
 
A projection estimates that if shortages persist in essential services such as caregiving, transportation, and logistics, Japan’s real GDP, adjusted for price fluctuations, could decline by up to ¥76 trillion by 2040.
The Economy, Trade and Industry Ministry compiled the projection, ...

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Japan Sees 3.9 Mil. Foreign Visitors In Oct., Second Highest Monthly Figure

  • Category:Tourism
KYODO NEWS
 
The number of foreign visitors to Japan in October rose 17.6 percent from a year earlier to around 3.9 million, the second highest monthly total on record, government estimates showed Tuesday.
By country and region, South Korea topped the list with 867,200 visitors, up 18.4 percent, ...

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Japan Prime Minister Takaichi Vows to Have Country Exit Deflation, Closely Monitor Economic Indicators

  • Category:Other
JAPAN NEWS
 
Prime Minister Sanae Takaichi expressed her strong intention to closely watch economic indicators to eventually declare that Japan has exited deflation, at a House of Representatives Budget Committee meeting on Tuesday.
Takaichi defined an exit from deflation as a situation in which ...

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Japan's Economy Contracts As Exports Get Hit By U.S. Tariffs

  • Category:Other
JAPAN TODAY
 
apan’s economy contracted at a 1.8% annual pace in July-September as President Donald Trump’s tariffs hit exports and private residential investment plunged.
Data released by the government Monday showed that on a quarter-by-quarter basis, Japan’s gross domestic product, the sum val...

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Niigata Gov. Inspects TEPCO’s Kashiwazaki-Kariwa Nuclear Plant

  • Category:Other
JAPAN NEWS
 
Niigata Gov. Hideyo Hanazumi inspected Tokyo Electric Power Company Holdings Inc.’s Kashiwazaki-Kariwa nuclear power station on Friday, ahead of taking a decision on whether to approve the restart of a reactor at the plant in Niigata Prefecture.
During his first inspection of the pla...

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BOJ Says Deputy Governor Uchida In Hospital To Treat Leukemia

  • Category:Other
JAPAN TODAY
 
Bank of Japan Deputy Governor Shinichi Uchida has been hospitalised for leukemia treatment and will work remotely for a few weeks, the central bank said on Friday.
The 63-year-old career central banker has been in hospital since November 7, but is expected to attend the BOJ's next r...

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Beer Sales Surge at 3 Japan Brewers in Oct.

  • Category:Other
NIPPON
 
Combined beer sales at three major brewers in Japan excluding Asahi Breweries Ltd. jumped 18 pct year on year in October, an industry estimate has shown.
Asahi's failure to smoothly ship products in the wake of a ransomware attack against its parent, Asahi Group Holdings Ltd., in late Se...

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Gov't Raises Gasoline Subsidy To Reduce Prices Ahead Of Tax Removal

  • Category:Other
JAPAN TODAY
 
The Japanese government raised its gasoline subsidy by 5 yen to 15 yen per liter on Thursday as a temporary measure to curb prices and ease the burden on households ahead of its planned scrapping of the existing provisional fuel tax at the end of the year.
Prime Minister Sanae Takai...

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Toyota To Invest Extra $10 Billion In U.S. To Make EV Batteries

  • Category:Driving
JAPAN TODAY
 
Toyota Motor Corp. said Wednesday it will make an additional investment of up to $10 billion in the United States over the next five years, as the Japanese automaker ramps up battery production for hybrid and electric vehicles.
The announcement was made as Toyota, the world's larges...

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Japan’s Nikkei Stock Average Rises as US Government Set to Reopen; Topix Hits New High

  • Category:Other
JAPAN NEWS
 
Japan’s Nikkei share average inched higher on Thursday, as the U.S. Congress voted to end the historic federal shutdown, while the broader Topix index rose to a fresh peak on value-buying.
The Nikkei .N225 rose 0.3% to 51,189.21 by 0154 GMT. The Topix .TOPX was up 0.63% at 3,380.53 a...

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