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The Mystery Behind the Inability to Book Moving Services

March 24, 2024 - 03:41
With just one week left in the month, many individuals are currently preparing to move due to changes in their environment with the new fiscal year. This time of year typically sees a high concentration of relocations, but this year, it appears even more difficult to secure moving reservations. (News On Japan)
Categories: Japan News

ANA to Drastically Cut Domestic Air Cargo Rates

March 23, 2024 - 14:56
ANA Holdings is set to significantly reduce its domestic air cargo rates to as much as one-tenth of the current prices starting next month. (News On Japan)
Categories: Japan News

Japan's CPI Rises by 2.8% in February

March 23, 2024 - 08:48
The Ministry of Internal Affairs and Communications announced that the national Consumer Price Index (CPI) for February, excluding volatile fresh food prices, increased by 2.8% compared to the same month last year. (News On Japan)
Categories: Japan News

JAMA to Crack Down on Illegal Practices after Nissan's Legal Breach

March 23, 2024 - 08:45
In response to Nissan Motor Co.'s violation of the subcontractor law, the Japan Automobile Manufacturers Association (JAMA) has announced that it will conduct an "urgent inspection" to ensure no illegal transactions exist across the industry. (News On Japan)
Categories: Japan News

Kyoto Tower to be Renamed "Nidec Kyoto Tower"

March 22, 2024 - 15:03
Nidec Corporation, an electronics manufacturer based in Kyoto, has announced that it has entered into a naming rights agreement with Keihan Group, which operates Kyoto Tower. (News On Japan)
Categories: Japan News

Stocks Soar to New Heights: Nikkei Surpasses 41,000 Mark

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)
Categories: Japan News

Hitachi Unveils New Washington Metro Vehicles

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)
Categories: Japan News

Hokusai's Masterpiece Series Fetches over $3.5 million

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)
Categories: Japan News

Growing Japan's Kids' Wear in Shrinking Market

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)
Categories: Japan News

How to Buy Japanese Property by the Developers and Its Benefits?

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)
Categories: Japan News

Yen Drops Amid Speculation of No Further BOJ Rate Hikes

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)
Categories: Japan News

Major Japanese Banks Raise Deposit Interest Rates Following the End of Negative Interest Policy

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)
Categories: Japan News

Bank of Japan Ends Negative Interest Rates

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)
Categories: Japan News

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