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Japan To Unveil Record $864 Bln Budget Driven By Military Costs

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REUTERS
 
Japan is set to unveil on Friday a record $864 billion budget for the next fiscal year from April, pushed up by increased military spending and higher social security costs for a fast-ageing population, according to a final draft reviewed by Reuters.
The draft budget - to be endorsed by...

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Yen Holds Gains, Markets Bounce After Bank Of Japan Move

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JAPAN TODAY
 
The yen held onto gains Wednesday and equity markets rebounded from a plunge the day before fueled by the shock Bank of Japan decision to shift away from its ultra-loose monetary policy.
The move to allow yields on certain government bonds to move in a wider band was seen as a precu...

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Japan's Central Bank Tweaks Monetary Policy; Yen Strengthens

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JAPAN TODAY
 
 
Japan's central bank tweaked its longstanding monetary easing program on Tuesday, in a surprise move that saw the yen strengthen quickly against the dollar while Tokyo stock markets fell.
The change marks a rare shift of gears for the dovish central bank, which has largely left it...

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KREST Purchases Multifamily Portfolio in Japan

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BUSINESS WIRE
 
 
KKR, a leading global investment firm, today announced that KKR Real Estate Select Trust Inc. (“KREST” or the “Fund”) has completed the purchase of a portfolio of 39 newly built multifamily properties in Tokyo, Japan (the “Portfolio”).
“Japan is the world’s second-largest real e...

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Travel Time Between Kansai Airport, Osaka Station Cut By 20 Minutes

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JAPAN NEWS
 
From next Spring it will be possible to get from JR Osaka Station to Kansai Airport on a direct train 20 minutes faster, West Japan Railway Co. has said.
According to the company’s announcement on Friday, an underground platform will open at Osaka Station Mar. 18, 2023 after its trac...

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Japan Govt To Revise Statement With BOJ To Water Down Price Target - Kyodo

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CNA
 
Japan's government is set to revise a decade-old joint statement with the Bank of Japan (BOJ) that commits the central bank to achieve its 2 per cent inflation "at the earliest date possible," Kyodo news agency reported on Saturday, citing government sources.
With the revision, Prime Minist...

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Japan To Accept More Workers From Central Asia

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JAPAN NEWS
 
The government is aiming to bring in more foreign workers from Central Asian countries, partly through the “specified skilled worker program” that allows foreign nationals to do jobs that involve manual work.
Foreign Minister Yoshimasa Hayashi is expected to announce the policy durin...

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FTX Japan Granted 3-Month Extension On Its Business Suspension

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COINGEEK
 
Japanese regulators have granted approval to FTX Japan to extend the suspension of its business operations by three months.
As CoinGeek previously reported, the Financial Services Agency (FSA) issued a business suspension order to FTX Japan, the Japanese subsidiary of collapsed global ...

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Confidence Falls Among Japan's Major Manufacturers

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JAPAN TODAY
 
Business confidence fell slightly among Japan's largest manufacturers for the fourth straight quarter, a closely watched Bank of Japan survey showed Wednesday.
Optimism grew among non-manufacturers, however, and both readings beat market expectations.
The BOJ's quarterly Tankan surv...

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Mitsubishi Motors' All-New Ek X EV Wins 2022-2023 Japan Car Of The Year And K Car Of The Year

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JAPAN TODAY
 
 
Mitsubishi Motors Corp has announced that its all-new eK X EV, an all-electric kei-car, has won the 2022-2023 Japan Car of the Year and the K Car of the Year.
In awarding the Japan Car of the Year, the organizing committee recognized the eK X EV for adopting Japanese kei-car stand...

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