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Business News On Japan
Updated: 22 min 37 sec ago

Japan Stocks Soar Amid Weakening Yen

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)
Categories: Japan News

Hakuhodo Faces 200 Million Yen Fine in Olympic Bid-Rigging Case

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)
Categories: Japan News

The End of Negative Interest Rates?

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)
Categories: Japan News

U.S. Steel Forges Ahead with Nippon Steel Takeover

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)
Categories: Japan News

Fukui's Economic Hopes Pinned on Hokuriku Shinkansen Extension

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)
Categories: Japan News

Bank of Japan Finalizes Plans to End Negative Interest Rate Policy

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)
Categories: Japan News

Honda Mulls Collaboration with Nissan

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)
Categories: Japan News

Japan's Sesame Oil Manufacturers Accused of Forming Cartel

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)
Categories: Japan News

Japan's Unions Win Record Wage Rises

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)
Categories: Japan News

Nitori Reaches 100 Stores in Mainland China, Aiming for 3,000

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)
Categories: Japan News

Mercedes-Benz Japan Fined Record 1.2 Billion Yen

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)
Categories: Japan News

Japan's Corporate Goods Price Index Rises by 0.6% in February

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)
Categories: Japan News

Gold Rush: Record High Prices Drive Sellers to Pawnshops

March 12, 2024 - 02:56
With gold prices hitting another record high on Monday, people are flocking to pawnshops across Tokyo. (News On Japan)
Categories: Japan News

ANA Announces Over 10,000 Yen Base Salary Increase

March 12, 2024 - 02:47
As spring wage negotiations continue in Japan, the aviation industry sees All Nippon Airways (ANA) following Japan Airlines (JAL) in announcing a base salary increase of over 10,000 yen, the highest since 1992. (News On Japan)
Categories: Japan News

Beat Takeshi Warns Against Special Fraud Schemes

March 11, 2024 - 19:24
On Sunday's broadcast of "Beat Takeshi's TV Tackle" (TV Asahi), Beat Takeshi warned against special fraud schemes, with the program featureding victims of investment fraud. (News On Japan)
Categories: Japan News

Tokyo Launches QR Code Payment Rebate Scheme

March 11, 2024 - 17:58
Tokyo has launched a point rebate program utilizing QR code payments starting from March 11th. (News On Japan)
Categories: Japan News

Nikkei Plummets Over 950 Points, Dipping Below 39,000

March 11, 2024 - 12:52
Tokyo's Nikkei fell over 950 points Monday morning, dipping below 39,000, marking the largest decline of the year. (News On Japan)
Categories: Japan News

Outrage over Husband Taking Trips with Parents Despite Paternity Leave

March 11, 2024 - 09:23
In recent times, it has become more common for fathers to take paternity leave around the time their partners give birth. Under Japan's employment insurance system, insured individuals can receive "Childbirth Paternity Leave Benefits" if they take paternity leave within eight weeks of the child's birth, for up to four weeks (28 days) in total, which can be split into two separate periods. (News On Japan)
Categories: Japan News

New Shinkansen Cargo Service Transports Ise's Akafuku Mochi

March 9, 2024 - 10:28
Ise's renowned "Akafuku Mochi" sweets were transported from Nagoya to Niigata via the Tokaido Shinkansen, marking the start of a trial cargo service utilizing the train's unused space. This development enables goods transportation across Japan, from Hokkaido to Kyushu, using the Shinkansen. (News On Japan)
Categories: Japan News

Japan Near Bottom in "Glass Ceiling Index"

March 9, 2024 - 07:10
The British "Economist" magazine's "glass-ceiling index" was released on March 8th to mark International Women’s Day, ranking Japan 27th, third from the bottom, among OECD countries. (News On Japan)
Categories: Japan News

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