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Japan Marks 1st Business Day Of The Year

  • Category:Other
JAPAN TODAY
 
Japan's central and local governments, alongside many businesses, marked the year's first day of work Wednesday as the country refrained from implementing travel restrictions despite a rise in the number of COVID-19 cases.
"Everyone is exhausted from working for about three years on...

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Yen Set For Turnaround In 2023 After Slide To 32-Year Low Against Dollar

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JAPAN TODAY
 
The yen is set to gain ground in 2023 in a sharp turnaround from a plunge to a 32-year low against the U.S. dollar, keeping Tokyo stocks subdued coupled with a gloomy global economic outlook.
The Japanese currency is expected to rise toward 120 yen against the dollar from its curren...

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Japan Start-Up Seeks To Expand Abroad With Exoskeleton Business

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KYODO NEWS
 
A start-up founded by a researcher at Tokyo University of Science that developed a wearable exoskeleton to support heavy lifting is hoping to make further inroads overseas in nations that have aging populations like Japan.
Set up by Hiroshi Kobayashi, a professor at the university, i...

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Apple Japan Charged ¥14 Billion In Back Taxes

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JAPAN NEWS
 
Tax authorities have charged Apple Japan about ¥14 billion in back taxes over sales of iPhones and other devices that were incorrectly exempted from consumption tax for two years through Sept. 30, 2021, it has been learned.
According to sources, the Tokyo Regional Taxation Bureau con...

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Japan’s Per-Capita GDP Falls To 20th In OECD

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JAPAN NEWS
 
Japan placed 20th in terms of per-capita gross domestic product among the member countries of the Organization for Economic Cooperation and Development, the Cabinet Office has said.
Japan fell from the previous year’s 19th position, overtaken by France.
Japan’s per-capita nominal GDP...

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Winter Bonuses At Japanese Firms See Sharpest Increase In 40 Years

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JAPAN TODAY
 
The average winter bonus at large Japanese companies marked the sharpest increase of 8.92 percent from a year earlier to 894,179 yen since the current calculation method was adopted in 1981, the country's most powerful business lobby said Thursday.
The Japan Business Federation, kno...

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Cost Of Living: Japan's Inflation Hits A 41-Year High

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BBC
 
 
Japan's core consumer price inflation edged up to 3.7% in November, the highest it has been since 1981.
That was when a Middle East crisis disrupted oil production and caused energy prices to soar.
But after decades of the country trying to boost inflation, Japanese consumers are now expe...

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Japan To Unveil Record $864 Bln Budget Driven By Military Costs

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REUTERS
 
Japan is set to unveil on Friday a record $864 billion budget for the next fiscal year from April, pushed up by increased military spending and higher social security costs for a fast-ageing population, according to a final draft reviewed by Reuters.
The draft budget - to be endorsed by...

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Yen Holds Gains, Markets Bounce After Bank Of Japan Move

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JAPAN TODAY
 
The yen held onto gains Wednesday and equity markets rebounded from a plunge the day before fueled by the shock Bank of Japan decision to shift away from its ultra-loose monetary policy.
The move to allow yields on certain government bonds to move in a wider band was seen as a precu...

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Japan's Central Bank Tweaks Monetary Policy; Yen Strengthens

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JAPAN TODAY
 
 
Japan's central bank tweaked its longstanding monetary easing program on Tuesday, in a surprise move that saw the yen strengthen quickly against the dollar while Tokyo stock markets fell.
The change marks a rare shift of gears for the dovish central bank, which has largely left it...

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