Written by BREAKING NEWS: Japan logs 461.2 bil. yen trade deficit in Oct. ==Kyodo Source link
TOKYO, Nov 15 (News On Japan) – A Ferrari seized from a tax delinquent was auctioned by the Tokyo Regional Taxation Bureau, fetching over 170 million yen, the highest bid ever recorded for such an auction. Internet public auctions are a procedure used to forcibly sell seized assets to collect unpaid taxes. In this auction, […]
It is no secret that Japan has lost ground in the artificial intelligence (AI) and semiconductor markets over the last five years. The COVID-19 pandemic convulsed Japanese production lines and supply chains, leaving innovation hubs and industrial complexes heavily reliant on offshore resources to fulfill demand, both for domestic consumption and for exports. To revive […]
BREAKING NEWS: Toyota net profit falls 26.4% to 1.91 tril. yen in April-Sept. ==Kyodo Source link
TOKYO, Nov 04 (News On Japan) – The ‘1.03 million yen income cap’ raised by Democratic Party for the People leader Tamaki has become a pressing issue for many students and part-time workers. How are they managing the realities of this policy? The onset of end-of-year festivities has highlighted staffing issues at a busy Tokyo-based […]
TOKYO, Nov 02 (News On Japan) – The Japan Association of Corporate Executives has expressed support for Prime Minister Ishiba’s goal of raising the minimum wage to ¥1,500 by the 2020s, calling for it to be achieved within three years. Japan Association of Corporate Executives Representative Director Tsuyoshi Niinami: “I believe that setting the minimum […]
TOKYO, Nov 02 (News On Japan) – Japan’s Fair Trade Commission has ordered four major insurance companies — Mitsui Sumitomo Insurance, Sompo Japan, Aioi Nissay Dowa Insurance, and Tokio Marine & Nichido Fire Insurance — to pay fines totaling over 2 billion yen for collaborating to discuss estimates and bid amounts, leading to premium increases. […]
The average monthly pay increase at Japanese businesses this year rose 2,524 yen ($16) from 2023 to a record 11,961 yen, a government survey showed Monday, exceeding the 10,000 yen mark for the first time amid rising prices. The figure, representing a 4.1 percent rise from last year, came as management and labor unions agreed […]
(Bloomberg) — The yen extended losses to 1% while Japanese stocks climbed Monday as investors mulled the implications of the Liberal Democratic Party and its coalition partner losing their majority. Most Read from Bloomberg The slide in the currency as far as 153.88 against the dollar came after four straight weekly declines. The yen has […]
The yen languished near a three-month trough on Friday and was headed for a fourth straight weekly loss, ahead of an election in Japan over the weekend that is likely to complicate the Bank of Japan‘s (BOJ) policy normalisation plans. In the broader market, the dollar retreated from its recent highs as it tracked U.S. […]