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Japan Consumer Inflation At 31-Year High

  • Category:Shopping
NHK
 
Japanese consumers are feeling the pinch as prices continue to rise. The internal affairs ministry said on Friday that the consumer price index, excluding fresh food, climbed 3 percent in September from a year earlier.
Japan has not seen that level of increase since August 1991, except for ...

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Japan Imports Surge On Weaker Yen, Fanning Inflation Fears

  • Category:Other
NASDAQ
 
Japan's imports grew more than 40% for a fifth straight month in September to hit the largest value on record, Ministry of Finance (MOF) data showed on Thursday, as a slump in the yen added to already high fuel import costs.
The surge in imports overwhelmed growth in exports, resulting i...

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Japan PM To Pick Most Appropriate Person As Next BOJ Chief

  • Category:Other
CNA
 
Japanese Prime Minister Fumio Kishida said on Monday (Oct 17) he would pick the most appropriate person to take up the governorship of the central bank next April, suggesting the decision could wait until just before the current governor's term ends on Apr 8.
Kishida, speaking in parliament...

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BOJ Chief Stays Course On Ultralow Rate Policy Despite Sharp Yen Drop

  • Category:Other
JAPAN TODAY
 
Bank of Japan Governor Haruhiko Kuroda says that monetary easing is still needed for Japan to ensure wage growth and achieve its 2 percent inflation target stably and sustainably.
Kuroda again signaled that the BOJ would remain an outlier among major central banks, which have begun ...

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Japan Warns Against Yen Sell-Off, Eyes Intervention

  • Category:Other
CNA
 
Japanese policymakers kept up their warnings against investors selling off the Japanese currency as the dollar rose to a fresh 24-year high against the yen on Wednesday (Oct 12), raising speculation about a second round of intervention.
The US currency rose to 146.35 yen, a level not seen s...

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Nissan Decides To Pull Out Of Production In Russia

  • Category:Other
JAPAN NEWS
 
Nissan Motor Co. announced Tuesday that it had decided to withdraw from automobile production in Russia, where it had been operating since 2009.
Nissan will transfer its local subsidiary, including its production plant, to an entity of the Russian government. Nissan suspended product...

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Fumio Kishida Backs Bank Of Japan’s Ultra-Loose Policy Despite Yen Plunge

  • Category:Other
FINANCE TIMES
 
Prime Minister Urges Companies That Are Passing Cost Increases On To Consumers To Also Raise Wages
Fumio Kishida has signalled his support for the Bank of Japan’s ultra-loose monetary policy despite the yen’s plunge to its lowest level in real terms since the 1970s.
In an intervie...

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Honda To Launch New Transportation Service Utilizing Light Jets, Cars, Bikes

  • Category:Other
JAPAN NEWS
 
Honda Motor Co. plans to launch by the end of 2023 a transportation service dubbed MaaS (Mobility as a Service) that will utilize cars, motorbikes and its light plane, the HondaJet.
Because the HondaJet can operate at regional airports that lack regular flight services, the company h...

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Japan Business Group In Taipei Voices Support For Taiwan's TPP Bid

  • Category:Other
JAPAN TIMES
 
The Japanese business community in Taipei has voiced support for Taiwan’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership free trade pact.
Takuya Mihira, chairman of the Japanese Chamber of Commerce and Industry Taipei, told a Friday new...

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Japan Eager To Welcome Tourists From Abroad Amid Cheap Yen

  • Category:Tourism
YAHOO FINANCE
 
It's hard to tell from his serious demeanor, but Akky International Corp. Chief Executive Hideyuki Abe can barely contain his excitement.
Foreign tourists are coming back, those money-laden visitors from abroad who used to flock into his colorful store in Tokyo’s Akihabara electro...

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