Loading

Search

:

Costco Japan Wages Provide Pathway To Firing Up Nation's Low Pay, Economy

  • Category:Other
JAPAN TODAY
 
When Costco Wholesale opened its warehouse in a rural Japanese town not far from Tokyo last year offering hundreds of jobs at eye-popping pay, a nearby noodle shop chain took a drastic step: it hiked hourly wages by a third.
It was an almost unthinkable decision for Yamada-udon, whi...

More

BOJ Debated Need For Timely Rate Hike, Signals Chance Of July Action

  • Category:Other
REUTERS
 
The Bank of Japan debated in June the chance of a near-term interest rate hike with one policymaker calling for an increase "without too much delay" to address risks of inflation overshooting expectations, a meeting summary showed on Monday.
The discussion highlights the board's growing...

More

Japan Warns Of Appropriate Action Any Time Against Rapid Yen Moves

  • Category:Other
JAPAN TODAY
 
Japan stands ready to take appropriate steps against volatile yen moves at "any time," a senior finance ministry official said Monday, as the currency neared the 160 line against the U.S. dollar, a level at which authorities have previously intervened to slow the yen's decline.
At 3...

More

Japan, Indonesia Seek Stronger Cooperation in Automotive Industry

  • Category:Other
TEMPO
 
Indonesia's Industry Minister Agus Gumiwang Kartasasmita met with Japanese Minister of Economy, Trade, and Industry Ken Saito in Tokyo on Friday, June 21, 2024, to discuss the potential to increase cooperation in the manufacturing industry, especially automotive.
According to the Industry...

More

Ricoh Imaging to Release Pentax 17, Half-Frame Film Camera, in July

  • Category:Other
JAPAN NEWS
 
Ricoh Imaging Co. will release the Pentax 17, its first film camera in 21 years, in Japan on July 12, the company announced Tuesday.
The model is expected to attract younger people who are interested in a retro style with camera operations unique to film photography, such as a manual...

More

Japan Inflation Rises To 2.5% In May

  • Category:Other
JAPAN TODAY
 
The pace of Japanese inflation accelerated in May partly due to higher energy bills, government data showed Friday, as analysts speculate on the timing of the Bank of Japan's next rate hike.
The Consumer Price Index (CPI) -- which excludes volatile fresh food prices -- rose 2.5 perc...

More

Japan Core Machinery Orders Down in April but Seen Firming Up Ahead

  • Category:Other
JAPAN NEWS
 
Japan’s core machinery orders fell in April for the first time in three months, government data showed on Monday, due to a pullback from the prior month’s big jump, but the Cabinet Office said capital spending remained on track for a recovery.
The data followed the Bank of Japan’s (B...

More

Asian Shares Mostly Gain After Wall St Rallies To New Records

  • Category:Other
JAPAN TODAY
 
Shares were mostly higher in Asia on Tuesday after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher.
U.S. futures were flat and oil prices declined.
This week has few top-tier economic reports apart from an update Tuesday on how ...

More

Japan Post To Raise Postage Rates From Oct 1 Due To Fewer Deliveries

  • Category:Other
JAPAN  TODAY
 
Japan Post Co will raise the price of a standard-size letter stamp to 110 yen from 84 yen starting Oct 1, among other postage rate hikes, to improve profitability amid declining letter usage replaced by email and messaging apps.
It will mark Japan's first postal rate hike for lette...

More

BOJ to Reduce Govt Bond Purchases

  • Category:Other
JAPAN NEWS
 
Bank of Japan policymakers Friday voted to reduce the central bank’s purchase amount of Japanese government bonds, the BOJ said.
The reduction is designed to “ensure that long-term interest rates would be formed more freely in financial markets,” the BOJ said.
The BOJ will decide on ...

More