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Japan Inflation Ticks up Again, But Chiefly Due to Energy Costs

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's consumer prices rose for the seventh straight month in July, but chiefly due to energy costs, government data showed Friday.
After stripping out the volatile cost of fresh food, the inflation rate came in at 0.5 percent, in line with market expectations, according to...

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Ikea Cuts Prices on 600 Furniture Items in Japan Amid Intense Competition

  • Category:Shopping
THE JAPAN NEWS
 
Ikea Japan K.K. on Thursday lowered the price of about 600 items sold in Japan to appeal to customers amid severe competition from rivals, including domestic home furnishings chain Nitori Holdings Co. and online competitors.
The products include tables, sofas and other popular go...

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Defense Ministry Seeks Record Y5.26 Tril Budget

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's defense ministry is set to ask for record defense spending of 5.26 trillion yen ($48.12 billion) for the year starting April 1, as it upgrades ballistic missile defenses against possible North Korean military action, according to a draft document seen by Reuters.
F
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Japan Tobacco Buying Philippine Cigarette Maker for $1 bil

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan Tobacco (JT) said Tuesday it would pay nearly $1 billion to buy Mighty Corp., the Philippines' number two cigarette firm, marking its second acquisition in Southeast Asia this month.
One of the world's biggest tobacco companies, whose global brands include Winston and ...

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100 Officials Set to be Added to Labor Inspection Offices

  • Category:Event
THE JAPAN NEWS
 
The government intends to add 100 labor standards inspectors — professional staff at the labor standards inspection offices — in the next fiscal year to cope with a chronic shortage of personnel who survey corporations when it aims to introduce regulations and penalties to limit ...

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Global Economy / How To Achieve Growth Amid Falling Population

  • Category:Event
THE JAPAN NEWS
 
With the population declining, is economic growth no longer possible? A pessimistic approach that gives up on growth is dangerous. We must face this grim reality and focus our efforts toward growth.
Sounding the alarm
“A rapidly aging population and a shrinking workforce mean the...

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Toyota Uses Side Airbag with 3-bag Structure For New Camry

  • Category:Driving
JAPAN TODAY
 
TOKYO - Toyota Motor Corp has employed a side airbag having a three-bag structure for the new Camry mid-size sedan.
Toyota developed the side airbag in cooperation with Toyoda Gosei Co Ltd. The new Camry was released in July. The previous product has a two-bag structure using bags f...

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Mobile ATMs Bring Bank to Door

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — An increasing number of regional banks in Japan are introducing automated teller machines mounted on vehicles to cater mainly to elderly people living in areas with no ATMs.
Shimane Shinkin Bank in the western prefecture of Shimane plans to introduce an ATM v...

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Popularity of Minicars, Pedelecs Hurts Domestic Motorcycle Sales

  • Category:Driving
THE JAPAN NEWS
 
The domestic motorcycle market has been stuck in the slow lane. Reasonably priced minicars and electrically assisted pedal cycles (pedelecs) have become increasingly popular, hurting sales of mopeds, which were once a familiar mode of transport for many people.
Major manufacturer...

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Warning From History: Could Japan-style Crash Hit China?

  • Category:Event
JAPAN TODAY
 
TOKYO - Sizzling property prices, a groaning debt load, wealthy tourists and tycoons willing to slap down eye-popping sums for art: China is starting to look like Japan before its economic bubble burst in the early 90s.
The similarities are not lost on Beijing: President Xi Jinping ...

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