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Tokyo Consumer Prices Rise 3.6% In November; Biggest Increase In 4 Decades

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JAPAN TODAY
 
Consumer prices in Tokyo rose 3.6 percent in November from a year earlier, marking the steepest increase since 1982 amid higher energy and food prices that are increasingly squeezing household budgets, government data showed Friday.
The yen's sharp depreciation has been inflating im...

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Cool Japan Fund Teeters On Its Last Legs After Losing 30 Billion Yen

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ASAHI
 
A major public-private fund created a decade ago to promote Japanese culture overseas is on the rocks after racking up a deficit of 30.9 billion yen ($218 million) from investments that did not pan out.
The central government originally created Cool Japan Fund Inc. in 2013 to support over...

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Honda To Begin Sales Of All-New ZR-V SUV In April 2023

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JAPAN TODAY
 
Honda Motor Co Ltd will begin sales of the all-new SUV, the ZR-V, on April 21, 2023, at dealerships across Japan.
Honda said the ZR-V was developed as a model which combines "practicality," the core value of an SUV, "reliability" based on the latest safety features and passive safet...

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Japan Panel: Sweeping Defense Buildup, More Cost Unavoidable

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ABC NEWS
 
A Japanese government-commissioned panel says in a report to Prime Minister Fumio Kishida that drastic defense buildup including the use of preemptive strike is “indispensable” to counter growing threats in the region
A Japanese government-commissioned panel said in a report to Prime M...

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Japan Inflation Hits Four-Decade High In Octobe

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JAPAN TODAY
 
Japanese inflation hit a four-decade high last month, government data showed Friday, fuelled by high energy costs and a weak yen and ramping up pressure on the central bank to move away from its ultra-loose monetary policies.
Core consumer prices excluding volatile fresh food rose 3...

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Toyota Pushes AI To Drive Like Pros

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JAPAN NEWS
 
Toyota Motor Corp. on Sunday unveiled a self-driving car that incorporates driving data from professional rally drivers into its artificial intelligence, at its research and development facility in Toyota, Aichi Prefecture. The company is seeking to quickly put the technology to prac...

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50.1% Of Japanese Companies Suffering From Labor Shortage: Survey

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JAPAN TODAY
 
Just over half of companies in Japan are suffering from a shortage of full-time employees as the country's labor crunch, caused by the aging population but temporarily eased due to the pandemic-induced economic slowdown, is compounded by recovering economic activities, a recent surv...

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JCB And East West Banking Corp Launch Credit Card

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JAPAN TODAY
 
JCB International Co Ltd, the international operations subsidiary of JCB Co Ltd, Japan's only international payment brand, and East West Banking Corp have announced the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years.
EastWest JCB Gold Credit Card ...

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Japan To Invest $500 Mln To Manufacture Advanced Chips

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REUTERS
 
Japan said on Friday it will invest an initial 70 billion yen ($500 million) in a new semiconductor venture led by tech firms including Sony Group Corp (6758.T) and NEC Corp (6701.T) as it rushes to re-assert itself as a leading maker of advanced chips.
"Semiconductors are going to be a...

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Kuroda Says He Has No Desire To Be Reappointed BOJ Governor

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JAPAN TODAY
 
Bank of Japan (BOJ) Governor Haruhiko Kuroda said Thursday he had no desire to get reappointed for another five-year term to head the central bank, after his current one ends in April next year.
"In April, it will be 10 years since I became governor. Personally, I have absolutely no...

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