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Gold Investments Booming In Japan As U.S. Tariffs Stir Economic Fears
- Category:Other
KYODO NEWS
Japan is seeing a boom in gold investment amid heightening concerns over a global economic slowdown caused by U.S. President Donald Trump's hefty tariffs, as investors seek a safe asset seen as unlikely to plummet in the event of turbulence.
The benchmark price of gold set by Tokyo's...
Japan is seeing a boom in gold investment amid heightening concerns over a global economic slowdown caused by U.S. President Donald Trump's hefty tariffs, as investors seek a safe asset seen as unlikely to plummet in the event of turbulence.
The benchmark price of gold set by Tokyo's...
- May 13, 2025
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Japan Logs Record ¥30 Tril Current Account Surplus In FY2024
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JAPAN TODAY
Japan posted a record current account surplus of 30.38 trillion yen ($208 billion) in fiscal 2024, marking a high for the second consecutive year, buoyed by its biggest-ever returns on foreign investments, government data showed Monday.
In the year ended March, the surplus in the cu...
Japan posted a record current account surplus of 30.38 trillion yen ($208 billion) in fiscal 2024, marking a high for the second consecutive year, buoyed by its biggest-ever returns on foreign investments, government data showed Monday.
In the year ended March, the surplus in the cu...
- May 12, 2025
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Govt Enhancing System to Lure Workers in Big Companies to Smaller Regional Firms; Revitalization Plan for Regional Areas Taking Steps Forward
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JAPAN NEWS
The government is enhancing a system to encourage middle-aged workers in major companies to move into positions at midsize and small companies in provincial regions.
The enhanced program also upgraded a scheme for compensating transferees who are concerned that their salaries will de...
The government is enhancing a system to encourage middle-aged workers in major companies to move into positions at midsize and small companies in provincial regions.
The enhanced program also upgraded a scheme for compensating transferees who are concerned that their salaries will de...
- May 12, 2025
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Auto Industry Downturn Could Shake Japan’s Economy; Blow to Exports Could Undermine Wage Hikes
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JAPAN NEWS
Given that the automotive industry serves as the “backbone” of the Japanese economy, a decline in its performance could undermine the drive for higher wages in the country.
With its extensive reach encompassing global corporations such as Toyota Motor Corp. and numerous small- and mi...
Given that the automotive industry serves as the “backbone” of the Japanese economy, a decline in its performance could undermine the drive for higher wages in the country.
With its extensive reach encompassing global corporations such as Toyota Motor Corp. and numerous small- and mi...
- May 10, 2025
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Panasonic Targets 10,000 Job Cuts Worldwide
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JAPAN TODAY
Japanese electronics giant Panasonic, which supplies batteries to Tesla, said Friday it will target 10,000 job cuts worldwide as part of efforts to boost profitability.
The cuts, which represent around four percent of the group's workforce of nearly 230,000, will be implemented main...
Japanese electronics giant Panasonic, which supplies batteries to Tesla, said Friday it will target 10,000 job cuts worldwide as part of efforts to boost profitability.
The cuts, which represent around four percent of the group's workforce of nearly 230,000, will be implemented main...
- May 10, 2025
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NTT to Fully Acquire NTT Data Group for Over ¥2 Trillion, Seeks to Speed Merging of Telecommunications, IT Services
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JAPAN NEWS
NTT Corp. plans to fully acquire information technology services provider NTT Data group Corp. in a transaction projected to be worth about ¥2.37 trillion, the company announced Thursday.
NTT Data Group is a publicly listed subsidiary of NTT. Following the acquisition, it will likely...
NTT Corp. plans to fully acquire information technology services provider NTT Data group Corp. in a transaction projected to be worth about ¥2.37 trillion, the company announced Thursday.
NTT Data Group is a publicly listed subsidiary of NTT. Following the acquisition, it will likely...
- May 9, 2025
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Japan's Real Wages In March Fall 2.1% On Year, Down For 3rd Month
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JAPAN TODAY
Japan's real wages in March fell 2.1 percent from a year earlier, marking the third consecutive monthly decline, as income growth continued to fall behind price hikes, government data showed Friday.
Nominal wages, or the average total monthly cash earnings per worker including base ...
Japan's real wages in March fell 2.1 percent from a year earlier, marking the third consecutive monthly decline, as income growth continued to fall behind price hikes, government data showed Friday.
Nominal wages, or the average total monthly cash earnings per worker including base ...
- May 9, 2025
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Japan’s KDDI Introduces Direct Mobile Phone Connections via SpaceX’s Starlink Satellite Network
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JAPAN NEWS
KDDI Corp. has started a service for the direct connection of smartphones with the Starlink satellite network of SpaceX of the United States.
It is the first time in Japan that smartphone connection services using satellites has become available. Even in places that were out of the s...
KDDI Corp. has started a service for the direct connection of smartphones with the Starlink satellite network of SpaceX of the United States.
It is the first time in Japan that smartphone connection services using satellites has become available. Even in places that were out of the s...
- May 7, 2025
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Indonesia, Japan Discuss US Tariff Policy Challenges
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ANTARA NEWS
Indonesian Finance Minister Sri Mulyani Indrawati and Japanese Finance Minister Katsunobu Kato discussed the challenges posed by the US tariff policy in Milan, Italy, on Sunday.
On the sidelines of the ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting, Sri Mulyani noted...
Indonesian Finance Minister Sri Mulyani Indrawati and Japanese Finance Minister Katsunobu Kato discussed the challenges posed by the US tariff policy in Milan, Italy, on Sunday.
On the sidelines of the ASEAN+3 Finance Ministers’ and Central Bank Governors’ Meeting, Sri Mulyani noted...
- May 6, 2025
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Japan's SMBC Is Closer To Acquiring 51% Stake In India's Yes Bank, Sources Say
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REUTERS
Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank with the Japanese firm eyeing a majority 51% equity in the Indian lender, three sources familiar with the deal said on Tuesday.
If the deal goes through, it could potentially be the la...
Sumitomo Mitsui Banking Corp (SUMFGI.UL) (SMBC) is close to agreement on acquiring a stake in Yes Bank with the Japanese firm eyeing a majority 51% equity in the Indian lender, three sources familiar with the deal said on Tuesday.
If the deal goes through, it could potentially be the la...
- May 6, 2025
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