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China's COVID-19 Policy, Yuan's Rise Vs Yen May Beset Japan's Economy

  • Category:Other
JAPAN TODAY
 
Japan's economy, which has already been facing downward pressure against a backdrop of the Ukraine crisis and the yen's depreciation, may also be plagued by China's radical "zero COVID" policy and the yuan's rising trend.
With energy and commodity prices increasing globally in the w...

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Video Game Maker Capcom Promises To Increase Worker Salaries By 30 Percent

  • Category:Other
SORA NEWS
 
New hires to get paid more too following very profitable year.
Since April is the start of the business year in Japan, it’s also when companies announce many of their major policy changes, and video game developer Capcom just made one announcement that’s going to make a lot of people ...

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TEPCO Plans To Hire Outside Specialists For Counterterrorism

  • Category:Other
THE JAPAN NEWS
 
Tokyo Electric Power Company Holdings Inc. plans to hire outside specialists to counter terrorism in response to the discovery of multiple serious flaws in anti-terrorism measures at its Kashiwazaki-Kariwa Nuclear Power Station, according to the firm.
TEPCO announced Wednesday th...

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Companies Revive In-Person Ceremonies As New Recruits Start Work

  • Category:Other
JAPAN TODAY
 
New recruits at companies, public offices, and other organizations in Japan began work Friday, the start of the fiscal year, with some firms reviving in-person ceremonies for the first time since the outbreak of the coronavirus pandemic more than two years ago.
Toyota Motor Corp, ba...

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Japan To See Higher Prices For Food, Daily Goods From Friday

  • Category:Shopping
JAPAN TODAY
 
Japanese consumers are expected to face more challenges amid the ongoing coronavirus pandemic, as a wave of price hikes will hit essential items such as food and daily goods in the new fiscal year beginning Friday due to the rising cost of raw materials.
Since there will be changes ...

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Yen Tumbles As Bank Of Japan Intervenes To Keep Bond Yields Pinned Down

  • Category:Event
CNBC
 
Key PointsThe dollar rose to as high as 123.1 yen in morning trade, its strongest since December 2015, and was last at 122.9, up 0.7% on the day. It has climbed nearly 6% on the yen in the last 12 sessions.The BOJ, on Monday morning offered to buy unlimited amounts of 10-year Japanese gove...

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Mizuho Taps «One Bank» Business in Japan

  • Category:Other
FINEWS
 
Japan’s third largest bank Mizuho is looking to almost double its wealth management client base in the country, targeting cash-poor entrepreneurs and their holistic needs.
Mizuho is targeting to have 1,000 families on board as wealth management clients one year from now, according to a «...

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Japan Holds On To Oil, Gas Interests In Russia’s Sakhalin, Wary Of China Taking Them

  • Category:Other
THE JAPAN NEWS
 
Despite Russia’s ongoing invasion of Ukraine, the Japanese government intends for the time being to maintain its interests in energy projects in the Russian Far East island of Sakhalin.
If Japan were to withdraw from the island, the government believes China would be the likely n...

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Japan's Toshiba Shareholders Vote Down Restructuring Plan

  • Category:Other
US NEWS
 
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. have rejected a major restructuring plan.
Shareholders of embattled Japanese electronics and energy giant Toshiba Corp. voted down a major restructuring plan on Thursday, in a setback for the company's managem...

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Tohoku Shinkansen Service Partially Restored

  • Category:Other
THE JAPAN NEWS
 
Operation of the Tohoku Shinkansen bullet train resumed Tuesday in parts of a section that was suspended following an earthquake-caused derailment last week.
The line runs from Tokyo Station to Shin-Aomori Station, at the northern end of Honshu.
The magnitude-7.4 earthquake off t...

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