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Japan Moves Closer to Controversial Labor Reforms

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's lower house on Thursday approved controversial labor reforms that the government has defended as necessary to boost the economy but critics warn could result in more death by overwork.
The legislation would scrap hourly overtime pay for some employees while setting o...

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Kobe Beef Fetches Record-high Price

  • Category:Other
THE JAPAN NEWS
 
KOBE (Jiji Press) — Kobe beef sold for a record high of ¥8,024 per kilogram in an auction on Monday at the wholesale market in Kobe, reflecting the brand’s rising popularity.
The beef was sold to a local trader.
Exports of Kobe beef have been growing. In addition, an increasing n...

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In Corporate Japan, Little Movement on Harassment Policies: Survey

  • Category:Other
JAPAN TODAY
 
TOKYO - Three-quarters of Japanese companies have made no changes to sexual harassment policies over the last year and don't plan to do so, a Reuters poll found, though awareness of harassment is on the rise.
The survey results come after a top Japanese bureaucrat was toppled over a...

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Next Keidanren Chair: Promote ‘Society 5.0’ to Solve Challenges

  • Category:Other
THE JAPAN NEWS
 
Hiroaki Nakanishi, incoming chairman of the Japan Business Federation (Keidanren), said, “The future of the world will be greatly changed by digital information,” in a speech at a forum held by the Yomiuri International Economic Society at the Imperial Hotel in Tokyo on Thursday....

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Japan Post Bank Picks Up Stocks As Yen Risks seen subdued

  • Category:Other
JAPAN TODAY
 
TOKYO - Japan Post Bank has been buying local stocks since February’s major correction in global share prices, its chief investment officer said, as the risk of a spike in the yen, which would hurt stock valuations, is seen as limited.
However, Katsunori Sago said lingering economic...

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Sony Gains Control of EMI, Becomes Top Music Publisher

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Reuters) — Sony Corp. said on Tuesday it would pay about $2.3 billion to gain control of EMI, becoming the world’s biggest music publisher in an industry that has found new life in streaming services.
The acquisition, which gives Sony a catalogue of more than 2 million son...

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Booming Demand Leaves Japan’s Whiskey Lovers Dry

  • Category:Event
THE JAPAN NEWS
 
Some Japanese whiskeys are in short supply due to their increasing popularity in overseas markets and a recent domestic boom of highballs, or whiskey and soda.
Under such circumstances, Suntory Spirits Ltd., an affiliate of Suntory Holdings Ltd., announced plans to suspend sales ...

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Japan-U.S. Trade Surplus Edges Up in April

  • Category:Other
JAPAN TODAY
 
TOKYO - Japan's politically sensitive trade surplus with the U.S. edged up in April, government data showed Monday, after Tokyo warned it may take retaliatory measures against U.S. tariffs.
Japan logged a surplus in April of 615.7 billion yen ($5.6 billion) with the U.S., up 4.7 per...

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Record 98% of University Graduates Land Jobs Amid Recovering Economy

  • Category:Event
JAPAN TODAY
 
TOKYO - A record-high 98 percent of newly minted university graduates in Japan have landed jobs at the beginning of this fiscal year in April, government data showed Friday, reflecting the nation's recovering economy.
The employment rate of job-seeking graduates rose 0.4 percentage ...

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Fukushima Pref. Extends Reign for Best Sake Brands

  • Category:Other
THE JAPAN NEWS
 
FUKUSHIMA (Jiji Press) — Fukushima Prefecture won the national sake title for the unprecedented sixth straight year, the National Research Institute of Brewing said Thursday.
The northeastern prefecture had the largest number of award-winning sake brands, including 19 that earned...

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