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IMF Cuts Japan's 2022 Growth Outlook; Warns Of Risks From Russia's War In Ukraine
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JAPAN TODAY
The International Monetary Fund has slashed Japan's economic growth forecast for 2022 to 2.4 percent from its earlier estimate of 3.3 percent, citing elevated uncertainty stemming from Russia's war in Ukraine.
"Escalation of the Ukraine conflict poses significant downside risks to t...
The International Monetary Fund has slashed Japan's economic growth forecast for 2022 to 2.4 percent from its earlier estimate of 3.3 percent, citing elevated uncertainty stemming from Russia's war in Ukraine.
"Escalation of the Ukraine conflict poses significant downside risks to t...
- April 7, 2022
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Japan’s Central Bank Will Be ‘Alarmed’ If Yen Crosses 130 Per Dollar, Says Ex-Vice Minister
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CNBC
Key PointsThe Bank of Japan will be “alarmed” if the dollar-yen level crosses above the 130 level, according to Eisuke Sakakibara, a former vice minister of finance for international affairs.The Japanese yen has weakened for weeks amid expectations the Bank of Japan would be slower than ot...
Key PointsThe Bank of Japan will be “alarmed” if the dollar-yen level crosses above the 130 level, according to Eisuke Sakakibara, a former vice minister of finance for international affairs.The Japanese yen has weakened for weeks amid expectations the Bank of Japan would be slower than ot...
- April 5, 2022
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China's COVID-19 Policy, Yuan's Rise Vs Yen May Beset Japan's Economy
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JAPAN TODAY
Japan's economy, which has already been facing downward pressure against a backdrop of the Ukraine crisis and the yen's depreciation, may also be plagued by China's radical "zero COVID" policy and the yuan's rising trend.
With energy and commodity prices increasing globally in the w...
Japan's economy, which has already been facing downward pressure against a backdrop of the Ukraine crisis and the yen's depreciation, may also be plagued by China's radical "zero COVID" policy and the yuan's rising trend.
With energy and commodity prices increasing globally in the w...
- April 3, 2022
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Video Game Maker Capcom Promises To Increase Worker Salaries By 30 Percent
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SORA NEWS
New hires to get paid more too following very profitable year.
Since April is the start of the business year in Japan, it’s also when companies announce many of their major policy changes, and video game developer Capcom just made one announcement that’s going to make a lot of people ...
New hires to get paid more too following very profitable year.
Since April is the start of the business year in Japan, it’s also when companies announce many of their major policy changes, and video game developer Capcom just made one announcement that’s going to make a lot of people ...
- April 3, 2022
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TEPCO Plans To Hire Outside Specialists For Counterterrorism
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THE JAPAN NEWS
Tokyo Electric Power Company Holdings Inc. plans to hire outside specialists to counter terrorism in response to the discovery of multiple serious flaws in anti-terrorism measures at its Kashiwazaki-Kariwa Nuclear Power Station, according to the firm.
TEPCO announced Wednesday th...
Tokyo Electric Power Company Holdings Inc. plans to hire outside specialists to counter terrorism in response to the discovery of multiple serious flaws in anti-terrorism measures at its Kashiwazaki-Kariwa Nuclear Power Station, according to the firm.
TEPCO announced Wednesday th...
- April 1, 2022
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Companies Revive In-Person Ceremonies As New Recruits Start Work
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JAPAN TODAY
New recruits at companies, public offices, and other organizations in Japan began work Friday, the start of the fiscal year, with some firms reviving in-person ceremonies for the first time since the outbreak of the coronavirus pandemic more than two years ago.
Toyota Motor Corp, ba...
New recruits at companies, public offices, and other organizations in Japan began work Friday, the start of the fiscal year, with some firms reviving in-person ceremonies for the first time since the outbreak of the coronavirus pandemic more than two years ago.
Toyota Motor Corp, ba...
- April 1, 2022
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Mizuho Taps «One Bank» Business in Japan
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FINEWS
Japan’s third largest bank Mizuho is looking to almost double its wealth management client base in the country, targeting cash-poor entrepreneurs and their holistic needs.
Mizuho is targeting to have 1,000 families on board as wealth management clients one year from now, according to a «...
Japan’s third largest bank Mizuho is looking to almost double its wealth management client base in the country, targeting cash-poor entrepreneurs and their holistic needs.
Mizuho is targeting to have 1,000 families on board as wealth management clients one year from now, according to a «...
- March 28, 2022
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Japan Holds On To Oil, Gas Interests In Russia’s Sakhalin, Wary Of China Taking Them
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THE JAPAN NEWS
Despite Russia’s ongoing invasion of Ukraine, the Japanese government intends for the time being to maintain its interests in energy projects in the Russian Far East island of Sakhalin.
If Japan were to withdraw from the island, the government believes China would be the likely n...
Despite Russia’s ongoing invasion of Ukraine, the Japanese government intends for the time being to maintain its interests in energy projects in the Russian Far East island of Sakhalin.
If Japan were to withdraw from the island, the government believes China would be the likely n...
- March 27, 2022
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Japan's Toshiba Shareholders Vote Down Restructuring Plan
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US NEWS
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. have rejected a major restructuring plan.
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. voted down a major restructuring plan on Thursday, in a setback for the company's managem...
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. have rejected a major restructuring plan.
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. voted down a major restructuring plan on Thursday, in a setback for the company's managem...
- March 24, 2022
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Tohoku Shinkansen Service Partially Restored
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THE JAPAN NEWS
Operation of the Tohoku Shinkansen bullet train resumed Tuesday in parts of a section that was suspended following an earthquake-caused derailment last week.
The line runs from Tokyo Station to Shin-Aomori Station, at the northern end of Honshu.
The magnitude-7.4 earthquake off t...
Operation of the Tohoku Shinkansen bullet train resumed Tuesday in parts of a section that was suspended following an earthquake-caused derailment last week.
The line runs from Tokyo Station to Shin-Aomori Station, at the northern end of Honshu.
The magnitude-7.4 earthquake off t...
- March 24, 2022
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