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Japan Stocks Plunge By Nearly 6% In Biggest Drop Since Start Of Pandemic

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CNN
 
Japanese stocks plunged Friday as global markets were rattled by worries about the US economy and as traders braced for further interest rate hikes from the Bank of Japan.
The Nikkei 225 ended 5.8% lower, the index’s biggest daily drop since March 2020. It extended a global stock rout that ...

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Japan Rivals Nissan And Honda Will Share EV Components And AI Research As They Play Catch Up

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AP NEWS
 
Japanese automakers Nissan and Honda say they plan to share components for electric vehicles like batteries and jointly research software for autonomous driving.
A third Japanese manufacturer, Mitsubishi Motors Corp., has joined the Nissan-Honda partnership, sharing the view that speed ...

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Japan’s Quail Egg Industry Takes A Severe Blow After A Sharp Decline In Use In School Lunches

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JAPAN TODAY
 
Quail eggs, known as uzura-tamago in Japanese, are highly nutritious and only one-fourth the size of a chicken egg. They’re a common addition to many Japanese dishes, including rice bowls, skewers, bento, and warm stews such as oden in the colder months, and can be easily purchased ...

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Japan Hikes Interest Rates For Second Time Since 2007

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BBC
 
Japan's central bank has raised the cost of borrowing for only the second time in 17 years as it tries to normalise monetary policy in the world's fourth largest economy.
The Bank of Japan (BoJ) increased its key interest rate to “around 0.25%” from the previous range of 0% to 0.1%.
It also...

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Japan's Orange Juice Makers Facing The Squeeze As Supply Dries Up

  • Category:Other
JAPAN TODAY
 
Orange juice, once a staple in Japanese households, is becoming increasingly scarce on store shelves.
The culprit is not a decline in consumer interest, but a severe disruption in the supply chain as domestic orange juice producers halt operations amid soaring prices and crop failur...

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Nissan Shares Plunge After Profit Warning

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JAPAN TODAY
 
Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States.
The company and its domestic rivals are also struggling to stand their ground in China's market as fast-growing ...

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Nippon Steel To Dissolve Joint Venture With China's Baoshan

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JAPAN TIMES
 
Nippon Steel will dissolve its joint venture with China's Baoshan Iron & Steel, it said on Tuesday, ending two decades of cooperation when their existing shareholders' agreement expires at the end of August.
Nippon Steel will transfer its 50% stake in the joint venture to Baoshan, i...

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Japan, U.S., South Korea Top Uniformed Officers Vow To Boost Cooperation

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KYODO NEWS
 
The top uniformed officers of Japan, the United States and South Korea on Thursday pledged to keep boosting trilateral cooperation to achieve regional and global peace amid growing security challenges posed by China and North Korea.
Gen. Yoshihide Yoshida, chief of the Japanese Defen...

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NEC To Introduce Facial Recognition Identification System; Will Replace Physical ID Cards, Allow For Building Entry, Printer Use

  • Category:Event
JAPAN NEWS
 
NEC Corp. will introduce a digital ID system using facial recognition for its 20,000 employees in Japan, the company has announced.
The system can be used for payment at in-house cafeterias and stores, in addition to entry to and exit from the head office.
Compared to conventional ID...

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More Than 40% Of Japanese Companies Have No Plan To Make Use Of AI

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REUTERS
 
Nearly a quarter of Japanese companies have adopted artificial intelligence (AI) in their businesses, while more than 40% have no plan to make use of the cutting-edge technology, a Reuters survey showed on Thursday.
The survey, conducted for Reuters by Nikkei Research, pitched a range o...

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