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Yen Falls To Fresh 24-Year Low Vs. Dollar, Lifts Stocks

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NIPPON.COM
 
The yen fell to the 138 line versus the U.S. dollar Thursday morning as a stronger-than-expected U.S. consumer price index raised prospects of aggressive rate hikes by the Federal Reserve, while the weakening yen sent Japanese stocks higher.
The 225-issue Nikkei Stock Average rose 18...

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Japan’s MUFG Said To Consider Bid For Indonesia’s Panin Bank

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YAHOO
 
Mitsubishi UFJ Financial Group Inc. is considering a bid for PT Bank Pan Indonesia, people familiar with the matter said, as the Japanese banking giant seeks to bolster its presence in Southeast Asia’s biggest economy.
The Tokyo-based bank is working with a financial adviser as it explore...

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US, Japan Vow Joint Efforts On Ukraine, Trade, Food Crisis

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JAPAN NEWS
 
U.S. Treasury Secretary Janet Yellen and Japan’s finance minister agreed Tuesday to cooperate in dealing with challenges from the war in Ukraine and promoting free trade, sustainable energy and food security.
Yellen was visiting Tokyo on Tuesday for talks ahead of a meeting of the Gr...

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Japanese Company Uses Video Game-Style Hit Point Badges To Help Employees Know Who Needs A Hand

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JAPAN TODAY
 
Japanese companies are big on the concept of “communication.” All the meandering meetings, analog face-to-face interaction, and implicitly required after-work meals and drinks with coworkers are, ostensibly, so that everyone in the office will have a better understanding of what eve...

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90% Of Japan’s Dairy Farmers Hit By Weaker Yen, Pandemic

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THE JAPAN NEWS
 
More than 90% of dairy farmers said they have struggled financially over the past year due to the weaker yen pushing up livestock costs and declining demand for produce amid the coronavirus pandemic, according to a survey by the Japan Dairy Council.
The Tokyo-based association co...

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How Tech Can Enliven Japan's Energy Market

  • Category:Other
ECO BUSINESS
 
 As the Japanese government targets more than a third of its power supply to come from clean sources by 2030, new technologies supporting the renewables market have sprung up. Kansai Electric Power manager Naoki Katayama shares more.
In the transition to a low-carbon world, the sun...

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Indonesia, Japan Discuss Investment, Industry Cooperation

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ANTARA NEWS
 
Indonesian Industry Minister Agus Gumiwang Kartasasmita met with Japanese State Minister of Economy, Trade, and Industry (METI) Ken'ichi Hosoda on Wednesday, concluding a series of visits to Japan to discuss industrial investment and cooperation.
The meeting was a follow-up to the v...

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Compass Opens New Flexible Office Space In Tokyo

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JAPAN TODAY
 
Compass Offices, a leading flexible office space provider in Asia Pacific, will open the Yotsuya N Club business center on July 1 to expand its serviced offices network in Tokyo.
The brand new 8-floor Yotsuya N Club office tower is centrally located in the business district of Yotsu...

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UK, U.S., Japan And Canada To Ban Russia Gold Imports

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JAPAN TODAY
 
Britain, the United States, Japan and Canada will ban new imports of Russian gold as part of efforts to tighten the sanctions squeeze on Moscow for its invasion of Ukraine, the British government said on Sunday.
The ban will come into force shortly and apply to newly mined or refine...

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Less Than 3% Of Japan Firms Exiting Russia, Lowest Among G-7: Survey

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KYODO NEWS
 
Less than 3 percent of Japanese companies operating in Russia have decided to withdraw following its invasion of Ukraine, the lowest proportion among the Group of Seven nations, a recent survey shows.
A considerable number of Japanese companies were cautious about exiting from Russia...

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