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Core Inflation in Japan’s Capital Hits 2.4%, Stays above BOJ’s Target

  • Category:Other
JAPAN NEWS
 
Core consumer inflation in Japan’s capital stayed above the central bank’s target and accelerated in March on steady gains in food costs, data showed on Friday, keeping alive market expectations of a near-term interest rate hike.
The data, which is closely watched by policymakers as ...

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Tokyo's Rice Prices Surge 90% In March On Year: CPI Data

  • Category:Gourmet
JAPAN TODAY
 
Prices of rice in Tokyo jumped around 90 percent in March from a year earlier, with the government's recent release of stockpiles having limited impact, consumer price data showed Friday.
The 89.6 percent increase, bigger than the 77.5 percent year-on-year growth in February, was th...

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Foxconn To Outline EV Strategy In Japan

  • Category:Driving
TECH IN ASIA
 
Foxconn, a Taiwanese semiconductor manufacturer, will hold a seminar in Japan on April 9 to outline its EV strategy.
The seminar aims to provide Japanese automakers and suppliers with insights into Foxconn’s EV plans. Jun Seki, Foxconn’s chief EV strategy officer and a former Nissa...

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Japan Begins to Take Bids in 2nd Auction of Reserve Rice

  • Category:Gourmet
NIPPON
 
The Japanese agriculture ministry on Wednesday began to accept bids in the second round of its auction for government-stockpiled rice.
The focus is on whether the release of reserve rice will help curb soaring rice prices. The government plans to consider a further release if necessary.
...

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Japan to End Promissory Note Exchanges at Electronic System

  • Category:Other
NIPPON
 
The Japanese Bankers Association, or Zenginkyo, plans to terminate the exchanges of promissory notes and checks at its national electronic clearing system in April 2027.
Companies and financial institutions will still remain able to exchange such financial instruments among them includin...

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Yomiuri 333 Stock Index Launched, Closes at 35,507.74

  • Category:Other
JAPAN NEWS
 
The Yomiuri Shimbun began publishing the Yomiuri Stock Index (Yomiuri 333) on Monday. The closing price on the first day was 35,507.74, a fall of 155.90 points from Friday.
The proportion of stocks that fell in price on the Tokyo Stock Exchange’s Prime Market, where the majority of t...

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Rakuten Eyes Expanding Deliveries By Robot To Main E-Commerce Site

  • Category:Driving
JAPAN TODAY
 
Japanese online shopping giant Rakuten Group Inc is considering introducing autonomous mobile robots to deliver goods amid a severe labor shortage in the transportation sector, according to a senior official.
The company plans to expand the technology to its flagship Rakuten Ichiba ...

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In Japan’s Ski Resort Area of Myoko, Trepidation as More Foreign Money Pours in

  • Category:Snow
JAPAN NEWS
 
Three winters from now, Japan’s snowy Myoko highlands will be home to a $1.4 billion mega-resort built by a Singaporean fund, with hotels charging some $1,350 a night.
The project by Patience Capital Group (PCG) promises to create 1,000 jobs and spur winter tourism. But for many Myok...

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Japan Household Assets Total ¥2,230 Trillion At End Of December On Rising Stocks

  • Category:Other
JAPAN TODAY
 
Household assets in Japan totaled 2,230 trillion yen ($15 trillion) at the end of December, growing 4.0 percent from a year earlier to a new record on rising stock prices, Bank of Japan data showed Friday.
Assets were boosted by investment trusts that jumped 27.4 percent to 136 tril...

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Japan Offers Up To 13.7 Bil. Yen Loans For Bhutan's Hydropower Plants

  • Category:Event
KYODO NEWS
 
Japan will provide up to about 13.7 billion yen ($90 million) in loans for a hydropower plant project in Bhutan as part of efforts to deepen ties with the landlocked nation sandwiched between India and China.
Japanese Ambassador to Bhutan Keiichi Ono, who doubles as the envoy to Indi...

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