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Business Circles In Japan, South Korea To Jointly Tackle Climate Change

  • Category:Other
KYODO NEWS
 
Japanese and South Korean business chiefs vowed Thursday to deepen cooperation on tackling common challenges including climate change and their countries' population declines.
In a joint statement, the major business lobbies of the two countries agreed on the importance of accelerati...

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PGIM Hires Ex-Citi Veteran To Expand Its Japan Business

  • Category:Other
FUND SELECTOR ASIA
 
 
Hirotaka Kato has joined PGIM Japan in a newly-created position.
PGIM Investments has appointed Hirotaka Kato as head of portfolio solutions for Japan, a newly created role based in Tokyo.
The $1.5trn global investment management business of US-based Prudential Financial, a...

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Nishikigoi Breeders Hope For Early Resumption Of Exports To China

  • Category:Other
JAPAN TODAY
 
Two months after China halted imports from Japan of nishikigoi, or ornamental carp, breeders have started shipping their products to other destinations in an effort to make up for what they hope will be only the temporary loss of their biggest overseas market.
It is still not known ...

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Japan 2023 New Auto Sales Up for 1st Time in 5 Years

  • Category:Other
JAPAN NEWS
 
New automobile sales in Japan in 2023 grew 13.8% from the previous year to 4,779,086 units, up for the first time in five years, industry data showed Friday.
The growth reflected brisk sales of new vehicle models, as well as a recovery from the COVID-19 crisis and the easing of semic...

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Japan Business Chiefs Vow To Push For Higher Pay As PM Pressures

  • Category:Other
KYODO NEWS
 
Chiefs of Japanese major business lobbies on Friday vowed to push for larger pay hikes than last year after Prime Minister Fumio Kishida called on them to increase wages so that they outpace rising prices at a New Year's event.
"We will tackle the issue of wage increases with stronge...

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Nissan Provides Power from EV to Earthquake-Affected Noto Peninsula

  • Category:Other
JAPAN NEWS
 
Nissan Motor Co. said Thursday that it has begun providing power using an electric vehicle (EV) to an earthquake-stricken area of the Noto Peninsula.
The company’s move came in response to a request for support from Ishikawa Prefecture.
The Nissan dealership in Kanazawa has provided ...

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Tokyo’s Top Tuna For The New Year Sells For ¥114.2 Million

  • Category:Other
JAPAN TIMES
 
The priciest giant bluefin tuna sold at Tokyo’s biggest fish market on the first day of business in 2024 fetched ¥114.2 million ($788,440), in an auction for what is considered an auspicious fish that has become a New Year’s tradition.
The tuna weighed 238 kilograms and was sold Fri...

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Japan Airlines Estimates Loss Of About $105 Million From Collision

  • Category:Other
JAPAN TIMES
 
Japan Airlines estimated on Thursday that the collision of its flight JL516 with a Japan Coast Guard aircraft on Tuesday would result in an operating loss of about ¥15 billion ($104.81 million).
The loss of the aircraft will be covered by insurance, the company said, adding it was a...

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No. Of TSE-Listed Firms With ¥10 Tril Market Cap Doubles In 2023

  • Category:Other
JAPAN TODAY
 
The number of companies on the Tokyo Stock Exchange's top-tier Prime Market that finished 2023 with a market capitalization of over 10 trillion yen increased from five a year earlier to 10 at the end of 2023, the bourse said recently.
The increase came as earnings of export-oriented...

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Inflation, Weak Yen Hit Appetite For Holiday Spending In Japan

  • Category:Other
JAPAN TODAY
 
Japan's high inflation and weak yen have discouraged spending by individuals and households during the year-end and New Year holidays, according to a private sector survey.
The average budget for those with holiday plans in the country stood at 45,235 yen, up 27.8 percent from the p...

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