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Japan to End Promissory Note Exchanges at Electronic System

  • Category:Other
NIPPON
 
The Japanese Bankers Association, or Zenginkyo, plans to terminate the exchanges of promissory notes and checks at its national electronic clearing system in April 2027.
Companies and financial institutions will still remain able to exchange such financial instruments among them includin...

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Yomiuri 333 Stock Index Launched, Closes at 35,507.74

  • Category:Other
JAPAN NEWS
 
The Yomiuri Shimbun began publishing the Yomiuri Stock Index (Yomiuri 333) on Monday. The closing price on the first day was 35,507.74, a fall of 155.90 points from Friday.
The proportion of stocks that fell in price on the Tokyo Stock Exchange’s Prime Market, where the majority of t...

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Rakuten Eyes Expanding Deliveries By Robot To Main E-Commerce Site

  • Category:Driving
JAPAN TODAY
 
Japanese online shopping giant Rakuten Group Inc is considering introducing autonomous mobile robots to deliver goods amid a severe labor shortage in the transportation sector, according to a senior official.
The company plans to expand the technology to its flagship Rakuten Ichiba ...

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In Japan’s Ski Resort Area of Myoko, Trepidation as More Foreign Money Pours in

  • Category:Snow
JAPAN NEWS
 
Three winters from now, Japan’s snowy Myoko highlands will be home to a $1.4 billion mega-resort built by a Singaporean fund, with hotels charging some $1,350 a night.
The project by Patience Capital Group (PCG) promises to create 1,000 jobs and spur winter tourism. But for many Myok...

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Japan Household Assets Total ¥2,230 Trillion At End Of December On Rising Stocks

  • Category:Other
JAPAN TODAY
 
Household assets in Japan totaled 2,230 trillion yen ($15 trillion) at the end of December, growing 4.0 percent from a year earlier to a new record on rising stock prices, Bank of Japan data showed Friday.
Assets were boosted by investment trusts that jumped 27.4 percent to 136 tril...

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Japan Offers Up To 13.7 Bil. Yen Loans For Bhutan's Hydropower Plants

  • Category:Event
KYODO NEWS
 
Japan will provide up to about 13.7 billion yen ($90 million) in loans for a hydropower plant project in Bhutan as part of efforts to deepen ties with the landlocked nation sandwiched between India and China.
Japanese Ambassador to Bhutan Keiichi Ono, who doubles as the envoy to Indi...

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Trump Tariffs To Hit Japan's Domestic Auto Output: Industry Head

  • Category:Other
JAPAN TODAY
 
U.S. President Donald Trump's proposed tariff hike on vehicle imports from April will likely lead to fewer Japanese exports and reduced domestic production, the head of the country's auto industry body said Wednesday.
If the planned tariffs are imposed, "significant domestic product...

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Japan Consortium Sets Targets for Use of Recycled Plastic in New Cars; Aims for Compliance with Draft EU Regulation

  • Category:Other
JAPAN NEWS
 
A consortium formed by representatives of industry, government and academia has set a target of using over 15% recycled plastic in the production of cars in Japan in 2031, and over 20% from 2036, it has been learned.
The goal is to encourage the domestic recycling of plastics from th...

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Japan Rice Price to Wholesalers Hits Another High in Feb.

  • Category:Other
NIPPON
 
The average sales price of Japan's 2024 rice crop to wholesalers hit a record high for the sixth straight month in February, the agriculture ministry said Wednesday.
The average price stood at 26,485 yen per 60 kilograms, up 73 pct from a year before and 2 pct from a month before. It is ...

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Bank Of Japan Keeps Rates Steady As Trump Tariffs Cast A Shadow Over Economic Outlook

  • Category:Other
CNBC
 
Key PointsJapan’s central bank kept its key policy rate steady at 0.5% at Wednesday’s conclusion of a two-day meeting.The move, which was in line with market expectations, comes ahead of the U.S. Federal Reserve’s policy meeting, where the central bank is expected to keep its benchmark int...

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