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Japan Must Carefully Watch Markets Due To Mideast Conflict: Finance Minister

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CNN
 
Japan must carefully monitor financial markets, including oil and stocks, with a sense of urgency as uncertainties are rising for global economies due to the conflict in the Middle East, Finance Minister Shunichi Suzuki said on Friday.
Suzuki was speaking to reporters after a cabinet meetin...

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Japan's Inflation Slows To 2.8% In Sept As Energy Impact Lessens

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JAPAN TODAY
 
Japan's core consumer prices rose 2.8 percent in September, the slowest pace in about a year, amid the moderating effects of fuel price rises, though the increase was still well above the Bank of Japan's inflation target, government data showed Friday.
The pace of increase in the na...

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Japan Government Considering Income Tax Cut To Ease Blow From Inflation

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CNA
 
Japanese Prime Minister Fumio Kishida is considering a temporary income tax cut as part of a package of measures to cushion the economic blow from rising living costs, public broadcaster NHK reported on Thursday (Oct 19).
Any such move could add to Japan's already ballooning public debt and...

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China Imported No Seafood From Japan In Sept. Over Fukushima Water Release

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KYODO NEWS
 
China imported virtually no seafood from Japan last month, according to official data, as Beijing continues a total ban on marine products from its neighbor in response to the discharge of treated radioactive water from the crippled Fukushima nuclear power plant.
The trade data relea...

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Honda Names New Plane Hondajet Echelon; Plans First Flight In 2026

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JAPAN TODAY
 
The aircraft unit of Honda Motor Co says its new small business jet will be named the HondaJet Echelon, with the company aiming for its first flight in 2026.
The 11-seater jet, categorized as a "light jet" that is bigger than the existing HondaJet that can carry up to eight people, ...

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Tokyo’s Ginza District Gets 1st Outlet of Discount Supermarket OK

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JAPAN NEWS
 
Discount supermarket OK opened its first store in Tokyo’s Ginza district on Tuesday.
The store, with about 2,000 square meters of floor space, is located on the first and second basement floors of the Marronnier Gate Ginza 2 shopping mall.
Targeting mainly office workers, nearby rest...

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Shimizu, Major Japan Construction Firm, Develops AI System to Create Initial Structural Designs Quicker

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JAPAN NEWS
 
Shimizu Corp. has developed a system powered by artificial intelligence to assist in structural designs, including determining the framework of a building.
The company hopes this can possibly shorten the time required to create an initial design plan from about a week to a few hours....

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Uniqlo Sells Second-Hand Clothes at Harajuku Shop

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JAPAN NEWS
 
Casual wear retailer Uniqlo Co. started selling pre-owned clothes at its store in the Harajuku district in Tokyo’s Shibuya Ward on Wednesday.
 As part of the Fast Retailing Co. unit’s product recycling effort, the event will be held until Oct. 22.
 
Uniqlo has been collecting its old...

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Toshiba To Delist In Japan On Dec. 20 After 74 Years Of History

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KYODO NEWS
 
Japanese conglomerate Toshiba Corp. said Thursday it will be delisted from the Tokyo Stock Exchange on Dec. 20, ending its 74-year-long history as a public company, as it seeks to rebuild itself following a takeover bid.
Last month, a 2 trillion yen ($13 billion) takeover bid for Tos...

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MUFG, Other Banks Unable to Conduct Transactions Due to Network Glitch; At Least 10 Banks Believed to be Affected

  • Category:Other
JAPAN NEWS
 
MUFG Bank, Resona Bank and other banking institutions said Tuesday they have been unable to conduct money transfers and other such transactions to various banks.
According to sources, some banks are experiencing a malfunction in the Japanese Banks’ Payment Clearing Network, which han...

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