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Tokyo's Toyosu Market Holds First Tuna Auction Of 2025

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NHK
 
Traders have started bidding at the first tuna auction of 2025 at Tokyo's Toyosu fish market. The top item fetched the second highest price on record.
The lively auction began with a bell shortly after 5 a.m. on Sunday.
Bids were made for raw and frozen tuna from across Japan and around the...

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Biden Blocks Nippon Steel's Proposed Deal To Acquire U.S. Steel

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JAPAN TODAY
 
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied steel company.
The propose...

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Nippon Steel Promises No Cuts To U.S. Steel's Output For 10 Years

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JAPAN TODAY
 
Nippon Steel Corp has promised it will not cut output capacity at United States Steel Corp's mills for 10 years, in its latest proposal to the administration of President Joe Biden aimed at winning approval to acquire the struggling producer, a media report said.
The Washington Post...

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Mizuho’s Online Banking Services Hit by Glitch

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JAPAN NEWS
 
A glitch made it difficult for Mizuho Bank customers to access its online banking services temporarily Tuesday, the major Japanese lender announced.
The internet banking services are believed to have suffered a so-called distributed denial of service, or DDoS, attack, in which enormo...

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Japan's Factory Activity Shrinks At Slower Pace, PMI Shows

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REUTERS
 
Japan's factory activity shrank at a slower pace in December as declines in production and new orders eased, a private-sector survey showed on Monday, edging closer to stabilisation after recent falls.
The final au Jibun Bank Japan manufacturing purchasing managers' index (PMI) rose to ...

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Japan Plans To Support ‘Urban Mining’ In ASEAN Countries

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ASIA NEWS
 
 
“Urban mining” is a term referring to recovering useful materials such as copper and rare metals from the circuit boards of used electronic devices, like computers and smartphones. These materials can then be reused.
Japan will step up imports of used electronic devices from countri...

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Japan's Nikkei Ends 2024 With Nearly 20% Rise

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JAPAN TIMES
 
The Nikkei share average retreated on 2024's last trading day on Monday from the five-month high hit in the last session, as investors locked in profits on the index that rose nearly 20% for the year.
The 225-issue Nikkei index fell 0.96% to close at 39,894.54 after opening 0.11% hi...

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Japan's Economy Likely To Grow In 2025 But Trump Tariffs Cast Shadow

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JAPAN TODAY
 
The Japanese economy is expected to continue to grow at a moderate pace in 2025 supported by solid consumer spending on the back of wage hikes and the government's policies aimed at easing inflation pain.
Stimulus efforts overseen by the administration of Prime Minister Shigeru Ishi...

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45% Of Amazon Japan Delivery Drivers Involved In Accidents

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JAPAN TODAY
 
Around 45 percent of self-employed delivery drivers working for the Japanese unit of Amazon.com Inc said they had been involved in a traffic accident while on the job, a recent survey conducted by a labor union has shown.
The survey was organized by the General Support Union, which ...

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Aeon Bank Receives Business Improvement Order For Inadequate Anti-Money Laundering Measures

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JAPAN TODAY
 
The Financial Services Agency has issued an order to Aeon Bank to improve its business practices after it judged the bank’s measures against money laundering to be inadequate.
Aeon Bank, operated by retail company Aeon Co, has around 6,800 automated teller machines at its outlets, t...

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