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Japan Cabinet Approves 29.1 Tril. Yen Extra Budget For Econ Package

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KYODO NEWS
 
Japan's Cabinet approved Tuesday an extra budget for the current fiscal year to spend 29.09 trillion yen ($199 billion) on an economic package designed to mitigate the pain on households and businesses of rising prices, exacerbated by a weaker yen.
To secure the necessary funding, th...

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Japan’s Largest Mobile Operator To Establish Web3 Consortium

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COIN TELEGRAPH
 
Partially owned by the state, NTT Docomo aims to to accelerate the Web3 adoption in the Japan.
NTT Docomo, Japan’s largest mobile operator with over $40 billion in annual revenue, partnered with multichain smart contract platform Astar Network to accelerate the Web3 implementatio...

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Japan Leverages Fair For Improved Ties With Nigeria

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THE GUARDIAN NIGERIA
 
The Japan External Trade Organisation (JETRO) has expressed optimism about Nigeria’s investment climate amid the harsh operating conditions for businesses in the country.
The Trade Commissioner and Managing Director, JETRO Lagos, Taninami Takuma, explained that Nigeria is a...

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Shanghai Expo Draws 400 Japanese-Owned Businesses

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THE JAPAN NEWS
 
About 400 Japanese-owned businesses are participating in the China International Import Expo in Shanghai, primarily in the automobile, electronics and food sectors. Yet, there are risks to being involved in such a large expo amid the spread of the novel coronavirus and changes in...

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Nissan Stops Taking Orders Of Sakura EV, X-Trail In Japan

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REUTERS
 
Nissan Motor Co (7201.T) has temporarily stopped taking new orders of its recently unveiled light electric vehicles (EVs) because of prolonged delivery periods of a year or more, a Nissan spokesperson said on Thursday.
The Japanese automaker stopped taking orders of the Sakura, fully el...

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Toyota Keeps Net Profit Forecast Despite Production Woes

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JAPAN TODAY
 
Toyota Motor Corp kept its annual net profit forecast unchanged on Tuesday as the weaker yen offsets supply-chain disruptions that have forced the Japanese car giant to slash production targets.
The world's top-selling automaker said it now expects to sell half a million fewer vehic...

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Political, Business Leaders Exchange Views On Enhancing Japan-US Relations

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ASIA NEWS
 
Many of the fourth and later generations of Japanese Americans do not speak Japanese and do not have Japanese acquaintances.
Political and business leaders from Japan and the United States exchanged views on strengthening Japan-U.S. relations at the U.S.-Japan Council’s general assemb...

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Japan to Ask People to Conserve Power This Winter, NHK Says

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BNN BLOOMBERG
 
Japan is asking households and businesses to conserve electricity as much as possible during the winter as the country tries to ease the pressure on a stretched grid. 
The government decided on winter power supply measures, Trade Minister Yasutoshi Nishimura said Tuesday at a pres...

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Japan Cannot Survive Without Russian Oil, Warns Trading House Chief

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FINANCIAL TIMES
 
 
Head of Itochu says there are ‘all kinds of ways’ Moscow can continue to export energy despite sanctions
Japan’s near total dependence on imported energy means it cannot “survive” without continuing to buy oil and gas from Russia, said the head of one of the country’s big five...

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Japan Cabinet Oks $200B Spending Plan To Counter Inflation

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AP NEWS
 
Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow to household budgets from inflation, signaling that the greater concern of its policymakers is that the economy will stall, not overheat.
While ce...

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