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Japan's Wholesale Inflation Hits 40-Year High As Fuel Costs Spike

  • Category:Other
THE JAPAN NEWS
 
Japan’s wholesale inflation hit a four-decade high in October, following a similar spike in China’s factory gate prices as supply bottlenecks and rising commodity costs threatened Asian corporate profits.
The rising cost pressures, coupled with a weak yen that inflates the price ...

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TSMC, Sony To Invest $7 Bln For New Japanese Chip Plant

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REUTERS
 
Taiwan Semiconductor Manufacturing Co (2330.TW) (TSMC) said on Tuesday it would build a $7 billion chip plant in Japan with Sony Group (6758.T), a move that was welcomed by the Japanese government.
Sony will invest about $500 million in the factory, it said separately.
Construction of t...

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Gov't Panel Proposes More Support For Firms Hiking Wages

  • Category:Other
JAPAN TODAY
 
An economic policy panel of Japan's government on Monday proposed a fresh stimulus package to get the coronavirus-hit economy back in shape, including beefing up support for companies actively raising employee wages.
As part of its "urgent proposals" toward realizing Prime Minister ...

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Japan To Give Minors $882 In Cash, Vouchers To Boost Economy

  • Category:Other
AL JAZEERA
 
Japan’s ruling party and its coalition partner have agreed to offer a combined 100,000 Japanese yen ($882) worth of vouchers and cash payouts to children aged 18 or younger as part of the government’s stimulus package, Jiji news agency said.
In a meeting of executives, the Liberal De...

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Japan’s Izakaya Pub Numbers Decrease By 20% In FY2020

  • Category:Other
THE JAPAN NEWS
 
The ubiquitous izakaya, the Japanese-style pubs that are common after-work destinations for people seeking some alcohol and light food, dropped in number by 20% in the fiscal year that ended March 2021, compared to the previous year.
The prolonged requests by local governments fo...

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Japanese Companies Hunt for Low-Carbon Solutions

  • Category:Event
NHK
 
One focus at COP26 is the global carbon market, and Japan is coming under pressure to get moving on its own scheme.
As NHK World's Nochi Haruka explains, that's sparking demand from businesses that need help figuring out a low-carbon future.
 
 

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Toyota Ranked One Of Worst Major Automakers For Emissions Efforts

  • Category:Other
JAPAN TODAY
 
The world's top-selling carmaker Toyota has come joint last in a Greenpeace ranking of carbon emission efforts by auto firms, according to a list published Thursday during the COP26 climate summit.
The campaign group gave Toyota and US-European firm Stellantis "F minus minus" grades...

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End Of The Line For Gundam Cafe As Entire Chain Announces Permanent Closure

  • Category:Other
JAPAN TODAY
 
It was literally just a few days ago that we were all excited about the announcement of some new menu items at Japan’s Gundam Cafes which recreate food and drinks seen within the hit mecha franchise.
And while we’re still looking forward to trying them, no matter what seasonings the...

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Newly Designed ¥500 Coins Put Into Circulation

  • Category:Other
THE JAPAN NEWS
 
A newly designed ¥500 coin, made with the latest anti-counterfeiting technology, was put into circulation on Monday.
The new coin is the third generation of the country’s highest-valued circulating coin that was first issued in 1982. It is the first redesign for the coin in 21 ye...

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Bank Of Japan Lowers Annual Growth Estimate On Covid Pressures

  • Category:Other
JAPAN TODAY
 
The Bank of Japan revised down its annual growth forecast on Thursday and maintained its ultra-loose monetary policy as the pandemic continues to weigh on the world's third-largest economy.
In a quarterly report on prices and the economy, the central bank predicted growth of 3.4 per...

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