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Japan's Top FX Diplomat Warns Against Speculative Moves As Yen Falls

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REUTERS
 
Japan's top currency diplomat on Monday issued a warning against speculative moves on the foreign exchange market as the yen fell below 149 per dollar.
"We will monitor currency market moves including speculative trading with a sense of urgency," Atsushi Mimura told reporters, reviving ...

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Japan Plans ‘Conveyor Belt Road’ Linking Tokyo

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MOBILITY PLAZA
 
The high-tech corridor will use unmanned transport boxes to streamline logistics, with trials planned by 2027.
Japan is developing a high-tech “conveyor belt road” between Tokyo and Osaka to tackle its truck driver shortage and meet rising delivery demands.
This automated three-l...

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Convenience Store Familymart To Abolish Eat-In Spaces

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JAPAN TODAY
 
 
There’s a lot of joy to be found in just randomly browsing through a Japanese convenience store, where the high-quality and uniqueness of the ever-changing lineup of food and drinks means there’s always a tasty surprise or two waiting for you.
And as you round one aisle of shelves...

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Toyota Boosts Its Investment In Air Taxi Company Joby Aviation By Another $500 Million

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JAPAN TODAY
 
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company's commercial business off the ground.
Toyota's investment will be used to support certification and production of Joby's electric air taxi, the compa...

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JR East Eyes Freight-Only Cars for Shinkasen Trains as Japan Logistics Industry Suffers from Labor Shortage

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JAPAN NEWS
 
East Japan Railway Co. is considering the development of a dedicated Shinkansen car that will have no seats and carry only freight, The Yomiuri Shimbun has learned.
Although JR companies have been integrating passenger and freight transport, carrying freight in part of a train car or...

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Japan’s Tokaido Shinkansen Celebrates 60 Years of Speed; Service Carried 7 Billion Passengers Since Opening

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JAPAN NEWS
 
Tokaido Shinkansen commemorated 60 years of service at JR Tokyo Station on Tuesday.
The line has carried about 7 billion passengers to date. It embarked on a new start with a ribbon-cutting ceremony attended by many railway fans and others.
Nozomi No. 1, the first Shinkansen train of...

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Asian Markets Mixed; Japanese Stocks Rebound From Monday's Slump

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JAPAN TODAY
 
Asian shares were mixed on Tuesday, with Japan’s Nikkei 225 index regaining some of its sharp losses from a day earlier.
A quarterly “tankan” survey by the Bank of Japan showed business confidence among large manufacturers remained steady at 13, indicating an improved outlook for bu...

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Game Over For Classic Mini Famicom And Super Famicom As Nintendo Announces End Of Repairs

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JAPAN TODAY
 
Video games are a cyclical hobby. When Nintendo released the Famicom/NES, it was the hottest hardware with the best lineup of games the industry had ever seen. After enough time passed, though, that enthusiasm got transferred over to its successor system, the Super Famicom/SNES, onl...

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Japan To Face Price Hikes On 2,900 Food Items In October, Most In 2024

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KYODO NEWS
 
Japanese consumers face price hikes in October on around 2,900 food and drink items, the most for a month so far this year, mainly due to a continued increase in raw material costs, a credit research company said Monday.
The 2,911 hikes reflect a growing number of firms passing on hi...

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Japan’s Super-Cheap Corn Snacks Maker Apologizes For 2nd-Ever Price Increase In 45 Years

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JAPAN TODAY
 
Part of the appeal of Japan’s mega-popular Umaibo corn puff snacks is how manufacturer Yaokin is constantly adding new flavors to the lineup, like Teriyaki Hamburger or Cup Noodle.
But at the same time, there’s a remarkable consistency to Umaibo, not just in keeping long-time favori...

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