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Japan Economy Projected to Have Grown 1.8 Pct in 1st Quarter

  • Category:Other
NIPPON
 
Japan's economy is projected to have grown at an annualized pace of 1.8 pct in the first three months of the year in inflation-adjusted real terms to mark the second consecutive quarter of expansion, according to average estimates by 10 private think tanks.
While the impact of the war in...

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OECD Calls for Japan's Careful Macroeconomic Policy Management

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NIPPON
 
The Organization for Economic Cooperation and Development suggested in a report Wednesday that Japan's macroeconomic policies "be calibrated carefully."
As the East Asian economy is shifting toward "a new equilibrium in terms of higher prices and wages," careful policy adjustments are re...

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Japan Sells Foreign Stocks In April Amid Inflation Worries

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TRADING VIEW
 
Japanese investors became net sellers of foreign stocks in April for the first time in four months, as concerns over rising energy costs linked to the Iran war and broader inflation risks weighed on sentiment toward overseas equities.
Data released by Japan’s Ministry of Finance on...

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US-Japan Agree Excessive FX Volatility Is Undesirable

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IDN FINANCIAL
 
The United States and Japan agreed that excessive volatility in foreign exchange markets is undesirable, US Treasury Secretary Scott Bessent said on Tuesday.
The statement was viewed as a signal of support for Japan’s intervention efforts to prop up the weakening yen, according to...

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Sony Announces $3 Billion Buyback As Memory Prices Take Toll

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JAPAN TIMES
 
Sony Group will buy back up to ¥500 billion ($3.2 billion) of its shares, the company said as it set out a profit forecast largely in line with expectations on Friday.
For the year through March 2027, the Tokyo-based company expects an operating profit of ¥1.6 trillion, about a 11% ...

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Japan Govt Debts Hit Record 1,343 T. Yen at End-March

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NIPPON
 
Outstanding Japanese government debts grew by 1,670.6 billion yen during the first three months of the year to a record 1,343,842.6 billion yen as of the end of March, the Finance Ministry said Friday.
The total translates into about 10.94 million yen per capita, based on an estimated po...

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Prudential Profit Rises Even As Firm Grapples With Japan Pause

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JAPAN TIMES
 
Prudential Financial’s first-quarter profit beat Wall Street’s expectations, relieving pressure on Chief Executive Officer Andy Sullivan as he contends with a sales pause in one of its biggest markets.
The insurer posted operating earnings per share of $3.61 in the first quarter, ac...

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Palm Foot and Palm Oil Derivatives Have Great Potential in Indonesia-Japan Relations

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VOI ID
 
Footwear products and palm oil derivatives have great potential to develop in the context of Indonesian-Japanese economic cooperation, said Deputy RI Ambassador to Japan Maria Renata Hutagalung.
This was said by the Indonesian Embassy, Maria Renata, following the Indonesia-Japan Business...

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Mizkan Suspends Sales For Four Natto Products Amid Supply Strain

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JAPAN TIMES
 
Mizkan Holdings said it would suspend sales of four of its natto products from this month due to supply constraints.
The Aichi Prefecture-based foodmaker said Friday that prolonged geopolitical tensions in the Middle East have driven up prices and heightened supply risks for naphtha...

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Crop Production in Japan Shifts North, To Higher-Altitude Areas Due to Summer Heat

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JAPAN NEWS
 
There has been a growing trend of agricultural companies shifting production to cooler regions such as northern Japan and high-altitude areas in response to increased damage to crops caused by the summer heat.
This is due to abnormal weather patterns becoming the norm in recent years...

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