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Japan Eyeing All Possible Steps Amid Weak Yen: Finance Chief

  • Category:Other
KYODO NEWS
 
The government is monitoring foreign exchange movements with "a heightened sense of urgency" and an eye on all possible steps, Finance Minister Shunichi Suzuki said Tuesday, as the yen was trading just shy of the psychologically important 150 line against the U.S. dollar.
Suzuki reit...

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As Yen Nears 150/$, Japan Says Watching FX Moves With 'Strong Sense Of Urgency'

  • Category:Other
CNA
 
Japan's key economic ministers kept investors wary of currency market intervention, warning that authorities were watching with a "strong sense of urgency" as the yen slid closer to the 150 per dollar level on Monday, its weakest in nearly a year.
Last September, Japanese authorities conduc...

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Japan Big Maker Sentiment Up, Services Highest Since 1991: Tankan

  • Category:Other
KYODO NEWS
 
Business confidence among major Japanese companies continued to improve in September despite concern about slowing global growth, with nonmanufacturers the most optimistic in over three decades as COVID-related bottlenecks eased, the Bank of Japan said Monday.
Sentiment among manufac...

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Japanese Festival In London Promotes Seafood From Japan

  • Category:Other
NHK
 
Britain's biggest festival of Japanese culture and food has promoted the safety of marine products from Japan.
The event comes amid China's suspension of seafood imports following discharges of treated and diluted water from the crippled Fukushima Daiichi nuclear plant.
Japan Matsuri was he...

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Fraud Suspected in Over 30% of Bigmotor Insurance Claims

  • Category:Other
JAPAN NEWS
 
Investigations by four major Japanese nonlife insurance companies have so far found that fraud is suspected in about 17,000, or over 30%, of about 53,000 insurance claims filed by scandal-tainted used car dealer Bigmotor Co., it was learned Saturday.
The insurance companies — Tokio M...

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Concern Over Losses Won't Affect Monetary Decision, BOJ Chief Says

  • Category:Other
JAPAN TIMES
 
Bank of Japan Gov. Kazuo Ueda said considerations over the central bank's finances would not prevent it from phasing out its massive monetary stimulus when the appropriate time comes.
While Ueda said there was "still a distance to go" before the BOJ exits ultra-loose monetary policy...

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Experimental Drone Delivery of Yoshinoya’s Gyudon Conducted in Ishikawa Pref.; ‘As Good as Eating at the Restaurant’

  • Category:Gourmet
JAPAN NEWS
 
A demonstration experiment of using a drone to deliver Gyudon beef bowls from a Yoshinoya restaurant was conducted in Komatsu, Ishikawa Prefecture.
It was the first time a drone delivery experiment was conducted from a Yoshinoya parking lot. Yamanashi Prefecture-based Next Delivery, ...

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New Wave Of Price Hikes, Tax-Related Rule Changes Await Japan In October

  • Category:Other
JAPAN TODAY
 
Japanese households will see their budgets further squeezed by a new wave of price hikes scheduled for October on food and services, while freelancers and those self-employed may have to shoulder higher tax burdens under a new invoice system.
The persisting effects of a weaker yen, ...

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Honda to Release 1st Mass-Produced EV in N. America in 2024

  • Category:Other
JAPAN NEWS
 
A U.S. unit of Japanese automaker Honda Motor Co. said Thursday that it will release its first mass-produced electric vehicle model in North America at the start of 2024.
The Honda Prologue SUV, which will hit the U.S. and Canadian markets, is jointly developed with U.S. automaker Ge...

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Japan May Slip From IMF's No. 2 Shareholder Status

  • Category:Other
KYODO NEWS
 
Japan may no longer be the International Monetary Fund's second-largest shareholder after maintaining the position for about three decades when the multilateral lender completes its quota reform by the end of this year, officials and documents suggested recently.
Using the current fo...

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