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Japanese Wages Break Records: Fastest Growth In 28 Years Ignites Stimulus Exit Debate

  • Category:Other
WIO NEWS
 
Japan's nominal base salary experienced its most rapid growth in 28 years in May, according to government data cited by Reuters released on Friday, intensifying the discussion surrounding the timing of the central bank's withdrawal from its ultra-loose monetary stimulus.
The global fin...

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Japan Delegation Meets With China Premier Li To Stabilize Ties

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NIPPON.COM
 
A Japanese delegation led by former House of Representatives speaker Yohei Kono met Wednesday with Chinese Premier Li Qiang in Beijing, with their talks aimed at helping stabilize bilateral relations, which remain precarious.
The meeting between Li and the group of some 80 members in...

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STATS Acquired By Japan Stock Market Listed Mitsui

  • Category:Other
WORLD PIPE LINE
 
STATS (UK) Ltd has announced that it has executed a share purchase agreement to sell 100% of the issued share capital of the company to Mitsui & Co., Ltd.
The acquisition combines Aberdeenshire-headquartered STATS with Mitsui’s Iron & Steel Business Unit, with the closing of the...

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Japanese Stocks Peaked In 1989. One Strategist Sees Room For A New Record High

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CNBC
 
 
Key PointsExpert director at Monex Group Jesper Koll thinks that the Nikkei 225′s rally can continue past the 40,000 mark in the next 12 months, citing increased investor interest in Japan and supportive government policies.This would breach the Nikkei’s all time high of 38,195 reached i...

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Sogo & Seibu Labor Union Considering Strike Action

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JAPAN NEWS
 
A labor union of workers of Sogo & Seibu Co., a subsidiary of Seven & i Holdings Co., is considering launching a strike over the parent company’s plan to sell the department store unit, informed sources said Sunday.
By considering the strike action, the union plans to demand the main...

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Higher Land Prices Add To Signs Of Japan's Recovery From Pandemic

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JAPAN TODAY
 
The average land price in Japan rose 1.5 percent in 2023 from a year earlier for the second consecutive year of increase, government data showed Monday, adding to signs of the economy recovering from the coronavirus pandemic.
A recovery in prices for commercial areas led the overall...

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Govt Asks Households, Businesses in TEPCO Service Area to Conserve Power

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JAPAN NEWS
 
To prepare for the possibility of an extreme heat wave this summer, the government began asking households and businesses in Tokyo Electric Power Company Holdings, Inc’s service area to start saving electricity on Saturday.
With the peak summer season approaching, concerns over power...

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Japan's Bullet Trains Gearing Up For Automatic Driving

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JAPAN TODAY
 
Automatically operated shinkansen bullet trains could be right around the bend.
Central Japan Railway Co and East Japan Railway Co aim to commercialize driverless systems around 2028 for the Tokaido Shinkansen and the mid-2030s for the Joetsu Shinkansen, respectively.
But as testing...

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Finance Ministers Of Japan And South Korea Agree To Resume Currency Swap Agreement As Ties Warm

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AP NEWS
 
Japan and South Korea agreed Thursday to revive a currency swap agreement for times of crisis, in the latest sign of warming ties as the countries work to smooth over historical antagonisms.
Japanese Finance Minister Shunichi Suzuki announced the agreement after meeting with his South K...

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Pokemon Go Firm Niantic Slashes Staff

  • Category:Other
JAPAN TODAY
 
The maker of mobile game Pokemon Go has said it will slash 230 jobs, almost one-third of its staff, in another blow to the tech industry.
Niantic boss John Hanke said in an email to staff posted online late on Thursday that the San Francisco-based firm needed to cut costs because of...

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