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Dollar Hits 33-Year High of 151.97 Yen in Tokyo (Update 1)

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JAPAN NEWS
 
The dollar briefly climbed as high as ¥151.97 in Tokyo trading Wednesday, hitting the highest level in 33 years and eight months.
Dollar buying for yen accelerated amid growing anticipation for a wider gap ahead between Japanese and U.S. interest rates, market sources said.
At noon, ...

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More Companies Use Alumni Networks to Rehire, Work with Former Employees

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JAPAN NEWS
 
More and more companies have been introducing alumni systems to strengthen ties with former employees. In doing so, the companies aim to rehire them as skilled workers or create new businesses in collaboration with their current employers.
As job changes become more common, a view of...

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Yen Falls To 34-Year Low Against Dollar

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JAPAN TODAY
 
The yen hit a 34-year low against the dollar on Wednesday, just over a week after the Bank of Japan announced a much-anticipated interest rate hike in a shift away from years of ultra-loose monetary policy.
The unit weakened to 151.97 per dollar, its softest since 1990, before recov...

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Japan Companies Raise Starting Salaries For New Graduates; Retention Of Young Employees A Concern

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JAPAN NEWS
 
An increasing number of companies are raising their starting salaries as they look to hire and retain talented people. The low birthrate and high turnover rates of young employees, combined with the need to secure new personnel to deal with digitalization and other challenges, are is...

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Honda Aircraft Aims to Increase Sales with HondaJet Echelon; Firm Hopes to Attract New Buyers with Aircraft’s High Fuel Efficiency

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JAPAN NEWS
 
The president of Honda Aircraft Co., a U.S. subsidiary of Honda Motor Co., said the aircraft manufacturer aims to sell 60 HondaJet small business aircraft annually by 2028, about three times more than in 2023.
Honda Aircraft President Hideto Yamasaki said in an interview with The Yom...

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Japan’s Exports Rise Nearly 8% In February On Strong Shipments Of Cars And Machinery

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JAPAN TODAY
 
Japan’s exports rose 7.8% in February from a year earlier on strong shipments of cars and electrical machinery, the government said Thursday.
Exports in February totaled 8.2 trillion yen ($55 billion), marking the third straight month of growth, according to preliminary customs data...

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Indonesian Manpower Minister Hopes For Stronger Labor Cooperation With Japan

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ANTARA NEWS
 
Manpower Minister Ida Fauziyah met with Japanese Ambassador to Indonesia, Yasushi Masaki, here on Tuesday to discuss the strengthening of cooperation between the two countries, especially in the field of labor.
During the meeting, Fauziyah expressed the hope for stronger cooperation...

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Japan Business Lobby Chief Hopes For Gov't Efforts To End Deflation

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JAPAN TODAY
 
The head of Japan's biggest business lobby on Sunday expressed hope that the government of Prime Minister Fumio Kishida will take necessary measures to fully combat the country's decades-long deflation.
In a speech at the annual convention of Kishida's ruling Liberal Democratic Part...

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TSMC Explores Advanced Chip Packaging Expansion In Japan

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WIO NEWS
 
Taiwan's semiconductor giant, TSMC, is reportedly considering establishing advanced chip packaging capacity in Japan, marking a potentially significant move that could further energise Japan's semiconductor industry.
According to Reuters, sources familiar with the matter disclosed that...

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Fukushima N-Plant Completes Water Discharge for 1st Year

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JAPAN NEWS
 
Tokyo Electric Power Company Holdings Inc. said Sunday that its Fukushima No. 1 nuclear power plant has completed its fourth and final round of treated water release into the ocean for the initial year.
The tsunami-crippled nuclear plant discharged about 31,200 tons of treated water,...

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