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JR Tokai Breaks Ground on Yamanashi Maglev Station; Will Be Part of Linear Chuo Shinkansen Line from Tokyo to Nagoya

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JAPAN NEWS
 
The Central Japan Railway Co. (JR Tokai) held a groundbreaking ceremony on Wednesday for the tentatively named Yamanashi Prefecture Station, marking the start of construction for a series of planned stations between Tokyo’s Shinagawa and Nagoya Station that are set to support the fut...

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Japan Digital Payment Firm Paypay Makes U.S. Stock Market Debut

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JAPAN TODAY
 
PayPay Corp, the Japanese provider of a popular digital payment app, made a major stock market debut on the U.S. Nasdaq exchange on Thursday, a move aimed at supporting its global expansion.
PayPay was valued at around $12.1 billion based on its closing price of $18.16, exceeding th...

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Over 1,500 Japanese Firms Operate In Middle East, Survey Shows

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JAPAN TIMES
 
At least 1,515 Japanese firms operate in the Middle East, where Japanese nationals have begun to evacuate following U.S.-Israeli attacks on Iran, a survey by research firm Teikoku Databank showed Friday.
Of them, 469 companies have resident offices and plants. Teikoku Databank noted...

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Gasoline Price In Japan Rises Above 160 Yen; May Top 180 Yen Next Week

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JAPAN TODAY
 
The average retail gasoline price in Japan rose to 161.80 yen per liter as of Monday, reflecting higher crude oil prices amid the Iran war, industry ministry data showed, with the price possibly jumping to above 180 yen next week.
The average price advanced 3.30 yen from March 2, ri...

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JR East To Monitor Yamanote Line Pantographs With AI

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JAPAN TIMES
 
East Japan Railway has said it will launch a trial in April of a system that uses artificial intelligence to monitor pantographs on trains running on its busy Yamanote Line in Tokyo to detect defects at an early stage.
The railway operator, known as JR East, also plans to use drones...

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Japan Pump Price Tops 160 Yen for 1st Time in 3 Months

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NIPPON
 
Retail prices of regular gasoline in Japan surpassed 160 yen per liter on average as of Monday for the first time in three months, reflecting higher crude oil prices following U.S.-Israeli attacks on Iran, the industry ministry said Wednesday.
The average price at the pump climbed 3.3 ye...

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Nikkei Plunges Over 2,800 Points In 3rd Largest Drop In History

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JAPAN TODAY
 
Tokyo stocks plunged Monday, with the Nikkei index losing over 2,800 points and marking the third-largest point drop in history, as crude oil futures surged amid growing prospects of a prolonged Middle East conflict.
The 225-issue Nikkei Stock Average ended down 2,892.12 points, or ...

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Tokyo Stocks Rebound As Oil Supply Worries Ease

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NHK
 
Japan's benchmark stock index rebounded sharply on Tuesday as concerns eased that the Middle East conflict could disrupt global oil supplies.
The Nikkei 225 gained 2.88 percent to close at 54,248. It rose 3.7 percent at one stage after G7 member nations indicated they are ready to release o...

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Asian Shares Tumble, As War With Iran Widens And Oil Surges Higher

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JAPAN TODAY
 
Asian shares tumbled Wednesday, with South Korea's benchmark plunging more than 11%, while oil prices climbed even higher as the war with Iran widened.
Worries over Iran have hammered most world markets, spooking investors who fear more spikes for oil prices may grind down the globa...

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Japan's Jobless Rate Rises To 2.7% As Workers Seek Better Positions

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JAPAN TODAY
 
Japan's unemployment rate in January rose to 2.7 percent from 2.6 percent in the previous month, climbing for the first time in five months, as more workers left their jobs to seek improved conditions, government data showed Tuesday.
The number of people with jobs edged down 0.4 per...

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