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Japan 2024 Growth Slows Despite Stronger Fourth Quarter

  • Category:Other
JAPAN TODAY
 
Japan's economic growth slowed sharply last year, official data showed Monday, although the rate for the fourth quarter topped expectations.
The figures come as Japanese companies fret over the impact of U.S. President Donald Trump's protectionist trade policies, including import ta...

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After Scrapping Honda Merger, Nissan May Struggle To Find New Partner

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JAPAN TODAY
 
Nissan Motor Co is expected to struggle to find a new partner after the breakdown of its planned merger with Honda Motor Co. indicated a lack of urgency by the ailing carmaker about restoring its battered operations.
Some foreign companies, particularly newcomers in the auto industr...

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Japan's Private Rice Imports Hit Record High Amid Inflation

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KYODO NEWS
 
Japan's private rice imports have already reached a record-high 468 tons in the current fiscal year through March, driven by robust demand from restaurants amid soaring prices for the domestic crop, according to government data.
The import volume from April to December last year, the...

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XRP Rally To 20$ As Bank Of Japan Usage Of Ripple

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NEWS AZ
 
XRP’s potential partnership with the Bank of Japan for cross-border payments could drastically increase its use in global transactions, leading to higher institutional demand and possibly pushing its price, News.Az reports citing CoinSpeaker.
XRP can rally to 20$ amid Bank of Japan usag...

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Corporate Goods Prices Rise 4.2% From Year Earlier, Backing Case For Rate Hikes

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JAPAN TIMES
 
The pace of gains in Japan’s corporate goods prices accelerated last month to the fastest clip in 19 months, keeping the Bank of Japan on track for further interest rate hikes.
The measure of input prices for Japanese firms rose 4.2% in January from a year earlier, the BOJ reported ...

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Toyota Union Seeks Wage Hike On Par With 2024 Decades-High Raise

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JAPAN TODAY
 
Toyota Motor Corp's labor union said Wednesday it has demanded the same level of wage hike as last year's -- the highest increase in over two decades -- as Japan's annual wage negotiations entered full swing in the face of rising living costs.
Toyota's wage request has long served a...

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Honda, Nissan Terminate Merger Talks

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JAPAN NEWS
 
Honda Motor Co. and Nissan Motor Co. officially decided Thursday to withdraw from their merger talks.
The two companies made the decision at their respective board meetings to withdraw from the basic agreement they signed in December on starting talks for integrating their businesses...

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Japan logs record ¥29.26 tril current account surplus in 2024

  • Category:Other
JAPAN TODAY
 
Japan posted a current account surplus of 29.26 trillion yen in 2024, a record high, driven by its highest-ever returns on foreign investments amid a weak yen and a decline in the trade deficit, government data showed Monday.
The surplus in the current account balance, one of the wi...

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Japan Markets Wobble As Trump Talks Of New Steel Tariffs For 'Everyone'

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JAPAN TIMES
 
The nervousness that pervaded Japanese markets on Friday turned briefly to relief after Prime Minister Shigeru Ishiba’s meeting with U.S. President Donald Trump, then back to uncertainty on Monday after the U.S. president flagged tariffs on imports of steel and aluminum.
Trump’s tal...

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Japan’s Hotel Okura And Indonesia’s Plataran Team Up To Transform Cultural And Luxury Travel

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TRAVEL AND TOUR WORLD
 
Japan‘s Hotel Okura and Indonesia‘s Plataran join forces to blend heritage and luxury, redefining global travel with cultural exchange and unmatched hospitality.
In a groundbreaking move, Japanese hotel operator Hotel Okura Co. and Indonesian hospitality firm Plataran Indo...

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