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Japan’s New Central Bank Chief Vows To Guide Policy ‘Flexibly’

  • Category:Other
CNBC
 
 
Key PointsJapan’s new central bank governor Kazuo Ueda on Monday said on Monday he will guide monetary policy flexibly, amid high economic outlook uncertainty.Ueda added there was no immediate need to revise a statement under which the central bank targets a 2% inflation target at the ea...

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Mitsubishi Motors To Launch New Delica Mini In May

  • Category:Driving
JAPAN TODAY
 
Mitsubishi Motors Corp will start sales of the new Delica Mini super height-wagon kei-car at sales affiliates throughout Japan on May 25.
The new Delica Mini is priced from 1,804,000 to 2,238,500 yen (10 percent consumption tax included).
Based on the concept of being a reliable and...

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Japan's Crackdown On Truck Driver Overtime Raises Fears Of Economic Breakdown

  • Category:Other
JAPAN TODAY
 
Truck driver Yuichi Tomita has been delivering packages all over Japan for two decades, often clocking 40 straight hours on the road. He says the work is tough but a source of pride, and one he's never thought of quitting - until now.
On April 1, 2024, the government will limit truc...

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Japan Inc. Sells Record Short Bonds Amid BOJ Tightening Bets

  • Category:Other
YAHOO FINANCE
 
Japanese companies are selling record amounts of short-term bonds, a sign they’re bracing for the likelihood that the central bank will dismantle its ultra-low interest rate policy.
Issuance of yen corporate notes due in five years or less reached an unprecedented 7.4 trillion yen...

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Japan February Real Wages Fall For Eleventh Month But At Slower Pace

  • Category:Other
CNA
 
Japan's real wages fell in February for an eleventh month, labour ministry data showed on Friday, although the rate of the decrease slowed thanks to government energy subsidies aimed at curbing consumer inflation.
While major Japanese firms concluded annual labour talks with the largest pay...

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Imported EV Sales In Japan Jump 65% To Record High In FY 2022

  • Category:Other
KYODO NEWS
 
The number of imported electric vehicles sold in Japan during fiscal 2022 rose 65.0 percent from a year earlier to a record 16,464 units, an industry organization said Thursday, underscoring the increasing popularity of the genre in a country still dominated by gasoline-powered cars....

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Uniqlo Yodobashi Akiba Opening In Tokyo On April 14

  • Category:Shopping
JAPAN TODAY
 
Global apparel retailer Uniqlo says its Yodobashi Akiba store will open in the Akihabara area of Tokyo, Japan's famous electronics district, on April 14.
The store will occupy the 7th floor of the Yodobashi Akiba Building, with electronics retailer Yodobashi Camera on floors 1-6. It...

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Companies Hold In-Person Welcome Ceremonies For New Employees

  • Category:Other
JAPAN TODAY
 
Many companies and organizations across Japan held in-person welcome ceremonies for new recruits on Monday, the first day of the new fiscal year.
It is the first time that major companies held such ceremonies since the outbreak of the coronavirus in 2020. For the past three years, w...

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TEPCO’s Power Rate Hike Plan Draws Public Opposition

  • Category:Other
THE JAPAN NEWS
 
A plan by Tokyo Electric Power Company Holdings Inc. to raise household rates by 17.6 pct on average drew public opposition at a hearing held at the Japanese industry ministry on Thursday.
One participant urged the company to cut costs further, saying that wages for TEPCO workers...

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Inflation Pain To Continue For Japan Consumers In New Fiscal Year

  • Category:Other
JAPAN TODAY
 
Japan will see another wave of price hikes at the start of the new business year from Saturday as higher raw material costs eat into company margins, dealing yet another blow to consumers already facing inflation rates that have outpaced wage growth.
Over 5,100 food and beverages, r...

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