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Japan Department Store Sales In 2024 Top Pre-Pandemic Levels Of 2019
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JAPAN TODAY
Department store sales in Japan in 2024 totaled 5.75 trillion yen, surpassing the pre-coronavirus pandemic levels of 2019 amid inbound tourism boom, data by an industry body showed Friday.
Sales on a same-store basis increased 6.8 percent from 2023, marking the fourth consecutiv...
Department store sales in Japan in 2024 totaled 5.75 trillion yen, surpassing the pre-coronavirus pandemic levels of 2019 amid inbound tourism boom, data by an industry body showed Friday.
Sales on a same-store basis increased 6.8 percent from 2023, marking the fourth consecutiv...
- January 25, 2025
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Japan Raises Interest Rates To Highest Level In 17 Years
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CNN
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
The decision marks its first rate hike since July last year and comes days after the inau...
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
The decision marks its first rate hike since July last year and comes days after the inau...
- January 25, 2025
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Japan 2024 Convenience Stores Sales At Record High On Inbound Tourism
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JAPAN TODAY
Sales from seven major Japanese convenience store chains hit a record high of 11.8 trillion yen in 2024, bolstered by inbound tourism and demand for readily consumable snacks and drinks, data by a Japanese franchising authority showed Monday.
The sales were up 1.2 percent from the p...
Sales from seven major Japanese convenience store chains hit a record high of 11.8 trillion yen in 2024, bolstered by inbound tourism and demand for readily consumable snacks and drinks, data by a Japanese franchising authority showed Monday.
The sales were up 1.2 percent from the p...
- January 22, 2025
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Fuji TV Eyes 3rd-Party Panel to Look into Masahiro Nakai Case; Dozens of Companies have Canceled Their Ads
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JAPAN NEWS
Fuji Television Network, Inc. is considering establishing a third-party committee based on the guidelines of the Japan Federation of Bar Associations to investigate the facts regarding a scandal involving television personality Masahiro Nakai, 52, and a woman, according to sources. T...
Fuji Television Network, Inc. is considering establishing a third-party committee based on the guidelines of the Japan Federation of Bar Associations to investigate the facts regarding a scandal involving television personality Masahiro Nakai, 52, and a woman, according to sources. T...
- January 22, 2025
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"Shunto" Spring Wage Talks Kick Off in Japan
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NIPPON
The Japan Business Federation, or Keidanren, and the Japanese Trade Union Confederation, or Rengo, held a meeting of their leaders Wednesday, effectively starting this year's "shunto" spring wage talks.
Keidanren Chairman Masakazu Tokura and Rengo President Tomoko Yoshino agreed that it ...
The Japan Business Federation, or Keidanren, and the Japanese Trade Union Confederation, or Rengo, held a meeting of their leaders Wednesday, effectively starting this year's "shunto" spring wage talks.
Keidanren Chairman Masakazu Tokura and Rengo President Tomoko Yoshino agreed that it ...
- January 22, 2025
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Many Major Japanese Firms Pulling Commercials From Scandal-Hit Fuji TV
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JAPAN TODAY
Many major Japanese companies said Monday they are suspending commercials on Fuji Television Network Inc, as the broadcaster faces scrutiny over its alleged involvement in a misconduct scandal involving Masahiro Nakai, a male member of the now-defunct popular idol group SMAP.
Nissan...
Many major Japanese companies said Monday they are suspending commercials on Fuji Television Network Inc, as the broadcaster faces scrutiny over its alleged involvement in a misconduct scandal involving Masahiro Nakai, a male member of the now-defunct popular idol group SMAP.
Nissan...
- January 20, 2025
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Bank Of Japan Poised To Raise Rates To Highest In 17 Years
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REUTERS
The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis.
A tightening in policy would undersco...
The Bank of Japan is expected to raise interest rates on Friday barring any market shocks when U.S. President-elect Donald Trump takes office, a move that would lift short-term borrowing costs to levels unseen since the 2008 global financial crisis.
A tightening in policy would undersco...
- January 20, 2025
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Suzuki Aims to Expand Car Exports from India; Annual Production Capacity to Rise to 4 Million Units by FY30
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JAPAN NEWS
Suzuki Motor Corp. plans to expand exports of its passenger cars from India to Japan, Europe, Southeast Asia and other regions, President Toshihiro Suzuki has said.
“We will take advantage of the economies of scale in India and use this country as an export base,” Suzuki said at a pr...
Suzuki Motor Corp. plans to expand exports of its passenger cars from India to Japan, Europe, Southeast Asia and other regions, President Toshihiro Suzuki has said.
“We will take advantage of the economies of scale in India and use this country as an export base,” Suzuki said at a pr...
- January 20, 2025
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Japan Likely to See "Healthy Growth" through 2026: World Bank Exec
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NIPPON
World Bank Deputy Chief Economist Ayhan Kose has said that the Japanese economy is expected to "deliver healthy growth" over the next two years driven by increased consumption backed by rising wages.
He also indicated that there is room for the Bank of Japan to raise interest rates.
In i...
World Bank Deputy Chief Economist Ayhan Kose has said that the Japanese economy is expected to "deliver healthy growth" over the next two years driven by increased consumption backed by rising wages.
He also indicated that there is room for the Bank of Japan to raise interest rates.
In i...
- January 19, 2025
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Japan's Major Shipping Firms Boosting Cruise Vessel Biz
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NIPPON
Major shipping companies in Japan are boosting their cruise liner operations to meet globally growing demand for trips on luxury ships after the COVID-19 pandemic.
"This is a good opportunity," said Tsunemichi Mukai, president of MOL Cruises Ltd., the cruise ship operating arm of Mitsui ...
Major shipping companies in Japan are boosting their cruise liner operations to meet globally growing demand for trips on luxury ships after the COVID-19 pandemic.
"This is a good opportunity," said Tsunemichi Mukai, president of MOL Cruises Ltd., the cruise ship operating arm of Mitsui ...
- January 17, 2025
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