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Japan Vows to Use as Much Renewable, Nuclear Energy as Possible

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JAPAN NEWS
 
Japan’s industry ministry on Tuesday released a draft of a new basic energy plan, vowing to use as much renewable and nuclear energy as possible to promote decarbonization.
The draft says renewable energy will make up around 40-50 pct of the country’s power generation mix in fiscal 2...

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New Traveloka Study Unveils Shifting Travel Trends In Japan

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YAHOO FINANCE
 
 Study of approximately 12,000 respondents across nine markets highlights emerging travel habits, from price sensitivity to sustainable choices, shaping the future of APAC tourism70% of Japanese travellers favor domestic trips, among the highest in the region, driven by perceived ...

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Japanese Sake Dassai’s Brewery to Make Sake in Space; If Successful, Limited-Edition Sake to be Sold for ¥100 Million

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JAPAN NEWS
 
Asahi Shuzo Co., known for its sake Dassai, announced on Wednesday that it will attempt to brew sake in the Japanese Experiment Module Kibo on the International Space Station (ISS).
If successful, the company will sell just one 100-milliliter bottle for ¥100 million and donate the en...

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Bank Of Japan May Hold Off On Interest Rate Hike; Results Of Spring Wage Negotiations, U.S. Policy May Impact Decisions

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JAPAN NEWS
 
The Bank of Japan may hold off on a further interest rate hike at its Monetary Policy Meeting to be held on coming Wednesday and Thursday.
There is a growing view within the central bank that it is necessary to carefully assess results of the 2025 shunto spring wage negotiations befo...

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Japan business Sentiment Improves Slightly, BOJ Tankan Shows

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JAPAN NEWS
 
Japanese big manufacturers’ sentiment improved slightly in the three months to December, a quarterly survey showed on Friday, boding well for the central bank’s plans to gradually raise interest rates from near-zero levels.
The data comes ahead of the Bank of Japan’s two-day policy m...

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Nippon Steel Slams 'Inappropriate' Politics In U.S. Steel Deal

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JAPAN TODAY
 
Nippon Steel on Wednesday slammed the "inappropriate" role of politics after Bloomberg News reported that President Joe Biden would block its planned takeover of U.S. Steel.
The deal worth $14.9 billion including debts is being reviewed by a body that audits foreign takeovers of U.S...

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7-Eleven Japan To Deliver C-Store Goods By Train

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MOBILITY PLAZA
 
The retailer will trial this new transportation method to fight dependence on truck deliveries due to a driver shortage.
7-Eleven Japan will trial trains for transporting goods across convenience stores as a new initiative amidst shortage in truck drivers.
According to a report b...

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Starbucks Japan Is Calling It Quits With Paper Straws

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JAPAN TODAY
 
Roughly five years ago, Starbucks Japan switched from plastic straws to paper ones, in an effort to be more environmentally friendly. But while this change was made in order to make Mother Nature happy, customers have had more mixed feelings.
The common and consistent complaints hav...

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Nippon Steel Sets Sights On A Growing Overseas Market In Its Bid To Acquire U.S. Steel

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JAPAN TODAY
 
The signs at Nippon Steel read: “The world through steel,” underlining why Japan’s top steelmaker is pursuing its $15 billion bid to acquire U.S. Steel.
“We can’t expect demand in Japan to grow as the population is declining. We need to invest in production that leads to growth,” a ...

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Japan's Bankruptcies Set To Hit 11-Year High In 2024, Data Shows

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REUTERS
 
Japan's bankruptcy filings this year are set to surpass 10,000 and hit the highest since 2013, private-sector data by Tokyo Shoko Research (TSR) showed on Monday, ahead of a closely watched central bank meeting next week.
In November, 841 Japanese companies went bankrupt, bringing the J...

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