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Nippon Steel Delays Closing Of Acquisition Of U.S. Steel Until Late This Year

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JAPAN TODAY
 
Nippon Steel Corp said Friday it has postponed the expected closing of its $14.1 billion takeover of U.S. Steel by three months after the U.S.
Department of Justice requested more documentation related to the deal.
Nippon Steel said the deal, already approved by U.S. Steel's shareho...

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Japanese Seafood Exports to China Sink 57% in FY23; U.S. Becomes Largest Seafood Export Destination

  • Category:Other
JAPAN NEWS
 
The value of Japanese seafood exports to China in fiscal 2023 fell to about 40% of the previous year’s level, an analysis of trade statistics for fiscal 2023 released by the Finance Ministry revealed.
China in fiscal 2022 was Japan’s largest seafood export destination, comprising abo...

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Japan's Mitsui Sees Net Profit Falling 15% On Weaker Energy Business

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CNA
 
Japan's Mitsui expects net profit to fall 15.4 per cent to 900 billion yen ($5.7 billion) for the fiscal year ending in March 2025, hit by weaker performance of its energy business, the trading house said on Wednesday.
The company plans to buy back up to 40 million of its shares worth up to...

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Last-Minute ANA Business-Class Award Availability To Japan For Just 35,000 Amex Points

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THE POINTS GUY
 
Looking to book a last-minute trip to Japan? Well, if so, you're in luck. There is decent award availability in business class, but you'll need to act fast.
Japanese carrier All Nippon Airways consistently releases award seats in premium cabins to partner airlines, and the Virgin...

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With Or Without Official Word On Intervention, Weak Yen May Persist

  • Category:Other
JAPAN TODAY
 
The yen's sudden surge against the U.S. dollar, suspected by financial markets to be the result of fresh intervention by Japanese authorities, will likely keep currency traders jittery and ensure they have second thoughts about aggressively selling the Japanese currency, at least fo...

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Yen Sharply Rebounds Against Dollar Amid Suspected Intervention

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JAPAN TODAY
 
 
The yen rallied sharply after dropping to a new 34-year low in the 160 level against the U.S. dollar in Asian trading on Monday amid speculation of intervention by Japan, although its top currency diplomat would not confirm whether the government had stepped in.
The dollar topped ...

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Yen Drops Beyond ¥157 Per Dollar As BOJ Keeps Key Rate Unchanged

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JAPAN TIMES
 
The yen fell to a fresh 34-year low against the dollar after the Bank of Japan indicated monetary policy will stay easy, heightening speculation authorities may soon intervene in the market to stop the currency’s decline.
Japan’s currency weakened as much as 1.4% on the day and touc...

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Japanese Beer Makers Tap Interactive Experiences to Pique Interest of Young Generation

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JAPAN NEWS
 
Japan’s major beer brewers are opening facilities featuring eye-catching interactive experiences in a bid to crack open the interest of young people who have been shying away from the beverage.
Among the brewers aiming to attract new customers through this approach is Asahi Breweries...

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Bank Of Japan Keeps Interest Rates Unchanged Despite Pressure Over Weak Yen

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JAPAN TODAY
 
The Bank of Japan kept its ultra-low interest rates unchanged Friday but analysts say the tumbling yen is putting pressure on officials to act.
With the currency at three-decade lows against the dollar, speculation has grown that authorities could intervene in forex markets to provi...

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Japan Committed To Act Appropriately On Weak Yen: Finance Minister

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KYODO NEWS
 
Finance Minister Shunichi Suzuki said Thursday there is no change "at all" in the Japanese government's stance that it will act appropriately to address the weakening of the yen after it slipped past 155 to the U.S. dollar
Speaking in parliament, Suzuki said the government is careful...

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