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Month: July 2022

Posted on 02/07/2022

Tokyo’s June heatwave worst since 1875, power supply uncertain

Japan baked under intense heat for a fourth successive day with temperatures breaking nearly 150-year-old records for June ... ( read original story ...)

Posted on 02/07/2022

Japan Inc. disagrees with BOJ’s view cost-push inflation will be temporary

TOKYO (Reuters) - Japanese companies expect inflation to stay around the central bank’s 2% target for years to come, a survey showed on Friday, disagreeing with Bank of Japan Governor Haruhiko ... ( read original story ...)

Posted on 02/07/2022

5.8-magnitude quake hits 61 km NNE of Makubetsu, Japan: USGS

An earthquake with a magnitude of 5.8 jolted 61 km NNE of Makubetsu, Japan at 01:59:45 GMT on Saturday, the U.S. Geological Survey said. The epicenter, with a depth of 321.62 km, was initially ... ( read original story ...)

Posted on 02/07/2022

Japan’s 87-year-old ‘Naked Hermit’ returns to remote island for a final farewell

After returning to civilization in 2018, Japan’s "Naked Hermit" went back to the remote island he once called home for nearly three decades to give it a proper farewell. In a June 16 blog post, ... ( read original story ...)

Posted on 02/07/2022

Japan begins 3-month energy saving period for first time in 7 years

The Japanese government for the first time in seven years has requested that businesses and households begin a three-month period of conserving electricity to avoid a power crunch ... ( read original story ...)

Posted on 02/07/2022

Japan begins 3-month energy saving period amid record heatwave

Some display devices are turned off to save power at a supermarket in Tokyo, Japan, on March 22, 2022. (Xinhua/Zhang Xiaoyu) Businesses and households begin a three-month period of conserving ... ( read original story ...)

Posted on 02/07/2022

Japan Business Mood Worsens on Hit From China’s Lockdown, Rising Costs

The mood among Japan's big manufacturers' soured for a second straight quarter in the three months to June, a central bank survey showed on Friday, hit by rising input costs and supply disruptions ... ( read original story ...)

Posted on 02/07/2022

Japan business mood dims for 2nd quarter as costs rise: BOJ Tankan

Business sentiment among Japan's large manufacturers cooled for the second straight quarter amid economic headwinds, including the war in Ukraine, the extended lockdown in China, and global supply ... ( read original story ...)

Posted on 02/07/2022

Japan business mood worsens for second quarter amid rising costs

Rising raw material costs, supply constraints from Shanghai's COVID-19 lockdown and auto production cuts were among the reasons manufacturers cited as hurting their businesses. ( read original story ...)

Posted on 02/07/2022

British ad giant WPP looking for opportunities in aging Japan

British advertising giant WPP Plc sees potential in Japan's shrinking market, with elderly consumers a segment to tap into, the head of its Japanese operations has said. Japan's population is expected ... ( read original story ...)

Posted on 02/07/2022

Crypto hedge fund Three Arrows files for bankruptcy

We’ll send you a myFT Daily Digest email rounding up the latest Three Arrows Capital news every morning. Three Arrows Capital has filed for Chapter 15 bankruptcy in New York, days after the ... ( read original story ...)

Posted on 02/07/2022

Crypto mega hedge fund Three Arrows Capital reportedly files for bankruptcy in New York

Three Arrows Capital managed an estimated $10 billion in assets and was a linchpin among crypto finance players. ( read original story ...)

Posted on 02/07/2022

Japan leads losses in Asia markets; private survey shows China’s factory activity expanded

Asia-Pacific markets reversed gains and fell on the first day of the new quarter as investors digested factory activity data from a private survey in China. ( read original story ...)

Posted on 02/07/2022

With major expos in limbo, Tokyo Game Show reaches an inflection point

First held in 1995 and typically held in June, E3 is a multiday event in which game companies from around the globe gather to show off their latest titles to the press and fans. But this year, once ... ( read original story ...)

Posted on 02/07/2022

Au mobile customers across Japan hit by network troubles

KDDI Corp. with some 60 million au customers, said the disruption started at around 1:35 a.m. and work is underway to restore services. The cause is being investigated. ( read original story ...)

Posted on 02/07/2022

Tokyo government announces new name for maternity/paternity leave; hopes to change attitudes

In a lot of Japanese vocabulary words, if you hear the sound kyu, it means “rest.” For example, the word for “break” (as in “take a break”) is kyukei, and the one for “holiday” is kyujitsu. But the ... ( read original story ...)

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