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Japan Govt to Launch Program to Cut Down Gasoline Prices by 10 Yen

  • Category:Other
NIPPON
 
Japanese Prime Minister Shigeru Ishiba plans to launch a new program next month to reduce gasoline prices by 10 yen per liter, in response to U.S. President Donald Trump's tariff measures and the rising cost of living, informed sources said Tuesday.
He also plans to bring back subsidies ...

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Yen Hits 140 Level Against Dollar, A 7-Month High

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NHK
 
The Japanese currency strengthened to the 140-yen level against the dollar in Tokyo on Monday. It's the first time in about seven months that it's climbed to that range.
The move comes after US President Trump described "currency manipulation" as a non-tariff trade barrier in a social media...

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Japan’s Nikkei Stock Average Falls over 1% as Stronger Yen Pressures Exporters

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JAPAN NEWS
 
Japan’s Nikkei share average dropped more than 1% on Monday, weighed down by a stronger yen that pressured exporters, while investors looked ahead to currency talks between Japanese and U.S. finance chiefs later this week.
The Nikkei ended 1.3% lower at 34,279.92, while the broader T...

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Plug And Play Japan Launches First Fund For Startups

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TECH IN ASIA
 
Plug and Play Japan has launched its first fund, “Plug and Play Japan Fund I,” to support startups in Japan.
The fund aims to solve key challenges such as limited access to global markets for Japanese startups.
It has secured over 3 billion yen (around US$21.1 million) in its initi...

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Major Japan Life Insurer To Pile Into Domestic Super-Long Bonds

  • Category:Other
JAPAN TIMES
 
Fukoku Mutual Life Insurance plans to invest in Japan’s super-long government bonds this fiscal year after their yields skyrocketed, and is considering shifting from foreign debt.
 
"Yields have risen to levels that align with our investment perspective, so we will proceed with bond...

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Japan Reports ¥5.22 Tril Trade Deficit In FY2024

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JAPAN TODAY
 
Japan recorded a trade deficit in its March-April fiscal year but racked up a surplus with the U.S., the Finance Ministry reported Thursday.
Japan’s global trade deficit totaled 5.2 trillion yen for the fiscal year through March, for the fourth straight year of deficits, according t...

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Japan Manufacturers Turn Cautious About Business Outlook Due To Trump Tariffs: Reuters Poll

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REUTERS
 
Japanese manufacturers expressed improved business sentiment in April versus March though are bearish about their outlook over the next three months as they brace for the impact of sweeping U.S. import tariffs, a Reuters Tankan poll found.
The poll, which tracks the Bank of Japan quarte...

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Honda Says Shifting Hybrid Civic Production From Japan To US

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BSS NEWS
 
Automaker Honda said Wednesday it will shift production of its hybrid Civic model from Japan to the United States in June or July, but stopped short of saying the reason was US tariffs.
The rationale behind the decision "is not a single issue", a spokesman for the Japanese firm said. "...

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Japan's FY 2025 Defense-Related Outlay To Total 1.8% Of FY 2022 GDP

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KYODO NEWS
 
Japan's defense-related spending for fiscal 2025 is expected to total about 9.9 trillion yen ($70 billion), equivalent to 1.8 percent of gross domestic product three years earlier, Defense Minister Gen Nakatani said Tuesday.
Nakatani told a press conference that the government will a...

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Japan Won’t Use US Treasury Holdings In Tariff Talks

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TECH IN ASIA
 
Japan will not use its US Treasury holdings as leverage in upcoming trade talks with the US, scheduled for April 17.
Itsunori Onodera, policy chief of the Liberal Democratic Party, emphasized that Japan, as a US ally, wants to avoid actions that could disrupt financial markets. “Ca...

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