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Japan May Have Lowest GDP among Major Economies in 2060

  • Category:Other
JAPAN NEWS
 
Japan will have the lowest real gross domestic product per capita among all major economies in 2060 if its low productivity growth remains roughly the same under a declining population, a government estimate showed Thursday.
Presented at the day’s meeting of the Council on Economic a...

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Japan’s Nikkei 225 Index Surpasses 40,000 For The First Time

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JAPAN TODAY
 
Asian markets have started the week on an upbeat note.
Japan’s Nikkei 225 index jumped above 40,000 points for the first time on Monday, extending a historic rally that analysts say may have much further to run.
The milestone comes just days after the stock market index set a record...

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Industrial Output Falls at Fastest Pace Since May 2020

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JAPAN NEWS
 
Japan’s industrial production fell 7.5% in January from the previous month due mainly to lower automobile output, the fastest decline since May 2020 in the early days of the COVID-19 pandemic, government data showed Thursday.
The seasonally adjusted production index for the manufactu...

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Japan's January Jobless Rate Improves To 2.4% Amid Labor Shortage

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JAPAN TODAY
 
Japan's unemployment rate fell to 2.4 percent in January from 2.5 percent in the previous month for the first improvement in three months, as fewer people were laid off amid a labor shortage, the government said Friday.
The job availability ratio was unchanged from December at 1.27,...

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Japan 2023 Average New Condo Price Hits Record High For 7 Years In Row

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JAPAN TODAY
 
The average unit price of new condominiums across Japan hit a record for the seventh straight year in 2023 due to continued rises in construction material and labor costs, climbing 15.4 percent to 59.11 million yen, a research institute said Wednesday.
In addition to rising prices i...

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Nissan Plans Self-Driving Mobility Service In Japan From FY2027

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JAPAN TODAY
 
Nissan Motor Co said Wednesday it plans to offer mobility services using Level 4 self-driving vehicles from fiscal 2027 in Japan, including rural areas where providing financially sustainable public transportation is becoming increasingly difficult.
The Japanese automaker will begin...

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Promissory Note Maturity Date to be Shortened by Half; Government to Revise Regulations for First Time in 60 Years

  • Category:Other
JAPAN NEWS
 
The government will revise the regulations governing promissory notes related to subcontractors, tightening the maturity date from 120 days to 60 days in principle. It is the first revision of its kind in about 60 years.
Large companies often defer payments to small and medium-sized ...

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Proposed Recycling Rules in EU Could Effectively Cause Ban on Japanese Sake Imports

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JAPAN NEWS
 
Japanese sake makers are facing a potential ban on imports into the European Union from 2030, when proposed EU regulations requiring the reuse and recycling of bottles and cans is planned to take effect.
The problem stems from the logistical issues of collecting and washing uniquely ...

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Tokyo Stock Market Reaches Uncharted Territory, But Where To Next?

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JAPAN TODAY
 
Investor confidence borne from record corporate profits and the prospect of Japan putting its painful period of deflation behind it, helped by companies focusing on improving shareholder returns, all drove the Nikkei stock index to its all-time high.
But analysts believe the market ...

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Japanese Advertising Giant Hakuhodo Launches Trigger Happy Studios in India

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VARIETY
 
Tokyo-based global advertising giant Hakuhodo Inc. is further expanding its India footprint.
A year after acquiring a majority stake in leading Indian brand and entertainment agency group, MA&TH (Marching Ants & Trigger Happy) Entertainment Network Private Limited, Hakuhodo is launching...

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