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Asian Shares Trade Lower After AI Darlings Prop Up Wall Street

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JAPAN TODAY
 
Asian shares retreated Tuesday despite the big lift in overseas markets from optimism over AI technology, as traders sold shares to lock in recent profits.
Japan's benchmark Nikkei 225 dipped 1.7% to 51,497.20 following a national holiday on Monday.
Australia's S&P/ASX 200 shed 0.9%...

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Japan Eyes Investment in Indonesia’s Green Capital City Project

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RRI
 
 
Japan has expressed strong interest in investing in the development of Indonesia’s new capital city, Ibu Kota Nusantar (IKN), particularly in its green and sustainable infrastructure. 
The project, located across parts of Penajam Paser Utara and Kutai Kartanegara regencies in East Kaliman...

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Japan Auto Mechanic Job Availability Up On Low Birthrate

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JAPAN TODAY
 
The ratio of job openings to job seekers for auto mechanics and technicians in Japan eclipsed 5.00 in fiscal 2024, far greater than the overall 1.14, as the country's birthrate continues to fall.
The ratio rose by 0.10 point to 5.09 compared to the previous year, recent government d...

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Kansai Electric Will Soon Begin Survey For New Nuclear Reactor, Sources Say

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JAPAN TIMES
 
Kansai Electric Power will start a survey early this month to assess whether it can build a new nuclear reactor in or near its Mihama nuclear power plant in Fukui Prefecture, sources said Monday.
The survey will mark the first concrete move toward nuclear reactor construction in Jap...

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Japan Corporate Income Hits Record in Fiscal 2024

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NIPPON
 
Income declared by companies in Japan that closed their books in fiscal 2024, which ended in March, grew 4.1 pct from the previous year to 102,338.1 billion yen, hitting a record high for the fourth year in a row, the National Tax Agency said Thursday.
Construction companies’ income show...

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Latest Evs Displayed At Tokyo Auto Show As Practicality In Focus

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JAPAN TODAY
 
Practicality took center stage at the Tokyo auto show, where many Japanese automakers showcased their latest electric vehicles set for release in the coming years as they race to catch up with overseas rivals and make environmentally friendly options more accessible to domestic cons...

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Japan Leisure-Related Market Grows 5.6 Pct in 2024

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NIPPON
 
Japan's leisure-related market expanded 5.6 pct from the previous year to 75,203 billion yen in 2024, the Japan Productivity Center, a private think tank, said Tuesday.
The latest figure surpassed the pre-pandemic level of 72,307 billion yen recorded in 2019 thanks to the economy's reope...

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No End in Sight to Soaring Food Prices; Rising Costs for Labor, Logistics, Materials Continue to Be Passed on to Customers

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JAPAN NEWS
 
 
Food prices continue to rise, driven primarily by high raw material costs, as well as increasing logistics and labor costs, leading to predictions of repeated further price hikes going forward.
Food prices, initially pushed up due to changing international conditions, are continuin...

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World's First Yen-Pegged Stablecoin Debuts In Japan

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REUTERS
 
The world's first stablecoin pegged to the yen launched in Japan on Monday, a small but significant move in a country where many consumers still prefer to use traditional payment means like cash and credit cards.
JPYC, a Japanese startup, began issuing the stablecoins - also called JPYC...

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Compact Digital Cameras Snapping Back to Popularity in Japan, Catching Eyes with User-Friendliness, Textured Photos

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JAPAN NEWS
 
Compact digital cameras are getting a surprise boost in popularity after having been eclipsed by smartphones for some time.
The number of compact digital cameras shipped into the domestic market in 2024 slightly increased, the first rise in seven years.
In addition to their high degr...

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