Business News On Japan
Updated: 27 min 53 sec ago
March 22, 2024 - 14:09
The Nikkei Stock Average on the Tokyo Stock Exchange has updated its all-time high during trading hours for the second consecutive day, momentarily reaching the 41,000 yen mark. (News On Japan)
March 21, 2024 - 10:55
Hitachi Ltd. has unveiled a full-scale model of the new train cars for the Washington, D.C. Metro system in the United States. The new vehicles are equipped with digital screens that provide real-time information and high-resolution security cameras for passenger safety. (News On Japan)
March 20, 2024 - 17:12
All 46 prints of Hokusai's "Thirty-six Views of Mount Fuji" were auctioned off at Christie's on Tuesday, fetching over $3.5 million. (News On Japan)
March 20, 2024 - 12:07
The children's clothing market in Japan is undergoing a "drastic change." According to the Ministry of Health, Labour and Welfare, the number of births has decreased for eight consecutive years, forcing manufacturers to focus on new strategies in a shrinking market. (News On Japan)
March 20, 2024 - 10:37
Customers are becoming interested in Japanese real estate for residential and investment purposes. Hence, the present boom in the Tokyo real estate market. (News On Japan)
March 20, 2024 - 07:28
The yen momentarily weakened to 150.90 against the dollar at approximately 2:15 a.m. on March 20th, driven by market speculation that additional BOJ rate hikes are unlikely in the near future. (News On Japan)
March 19, 2024 - 23:53
In response to the Bank of Japan's decision to end its negative interest rate policy and implement the first interest rate hike in 17 years, the three major Japanese banks have announced an increase in deposit interest rates. (News On Japan)
March 19, 2024 - 17:46
The Bank of Japan has decided to end the negative interest rate policy introduced in 2016. This marks a significant shift in the massive easing measures, resulting in the first interest rate hike since 2007. (News On Japan)
March 18, 2024 - 17:43
The Tokyo stock market rose by more than 1,000 yen on Monday, recovering to the 39,000 yen range at the close of trade. (News On Japan)
March 18, 2024 - 16:20
In the bid-rigging case surrounding the Tokyo Olympic and Paralympic Games, prosecutors have sought a 200 million yen fine for the advertising giant Hakuhodo as a corporation. (News On Japan)
March 18, 2024 - 11:47
The Bank of Japan's monetary policy meeting today is anticipated to center on negative interest rates, with speculation in the market that monetary easing might come to an end, particularly after this year's spring wage negotiations resulted in a series of complete responses to demands for wage increases.
(News On Japan)
March 18, 2024 - 08:05
U.S. Steel, a major American steel company, has announced that the acquisition process by Nippon Steel is expected to be completed this year, despite opposition from President Biden. (News On Japan)
March 18, 2024 - 01:06
The Hokuriku Shinkansen's Kanazawa-Tsuruga section, which opened on March 16, connects all three Hokuriku prefectures by bullet train for the first time in over half a century since the project's conception. (News On Japan)
March 16, 2024 - 12:04
In response to the first round of results from this spring's wage negotiations, which showed the highest level of wage increases in 33 years, the Bank of Japan is making final adjustments to end its negative interest rate policy at next week's monetary policy meeting.
(News On Japan)
March 14, 2024 - 18:44
In response to Nissan Motor Co.'s initiation of discussions for potential collaboration with Honda, Vice President Aoyama addressed the media on Thursday, indicating that various scenarios are being examined within the company. (News On Japan)
March 14, 2024 - 17:33
The Japan Fair Trade Commission conducted inspections on four major sesame oil manufacturers on Wednesday, suspecting them of colluding in price-fixing. (News On Japan)
March 14, 2024 - 04:27
On March 13, the day of concentrated responses in the spring labor negotiations, major corporations announcing significant wage increases exceed last year's figures. (News On Japan)
March 13, 2024 - 19:05
As the Chinese government announces measures to boost the economy by promoting the replacement of furniture and appliances, Japanese furniture retailer Nitori is accelerating its expansion in China. (News On Japan)
March 13, 2024 - 02:14
The Consumer Affairs Agency has ordered Mercedes-Benz Japan to pay a record fine of over 1.2 billion yen for violating the fair trade law. (News On Japan)
March 12, 2024 - 10:51
Japan's Corporate Goods Price Index (CGPI), which indicates the prices of goods traded among companies, rose by 0.6% last month compared to the same month of the previous year. (News On Japan)
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