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Month: July 2022

Posted on 29/07/2022

Japan’s Nikkei gives up gains as Denso outlook sours sentiment

Shares of Denso, a major supplier to Toyota Motor Corp, slipped 5.2% after the company lowered its operating profit forecast for the current business year by 14%.Toyota edged up 0.56% but rival Honda ...

Posted on 29/07/2022

Japan: monthly activity data suggests GDP will rebound in the second quarter

Monthly activity data for June came as a surprise to the market. Better-than-expected industrial production supports a rebound in manufacturing ...

Posted on 29/07/2022

Japan’s Inflation Not Mainly Caused by Weak Yen, ADB’s Asakawa Says

It goes a step too far to say a weak yen is the main reason for explaining why prices in Japan are rising, Asian Development Bank (ADB) President Masatsugu Asakawa said on Friday. The major factors ...

Posted on 29/07/2022

Japan’s Suzuki: Closely watching fx moves with sense of urgency while working with BOJ

Japanese Finance Minister Shunichi Suzuki said on Friday that they are closely watching fx moves with a sense of urgency while working with the Bank of Japan (BOJ). He declined to comment on ...

Posted on 29/07/2022

Tokyo reports 36,814 COVID cases on July 29

Japan's capital reported 36,814 coronavirus cases on July 29 after recording 40,406 the day before, the Tokyo Metropolitan Government announc ... ( read original story ...)

Posted on 29/07/2022

Japan’s Sumitomo Mitsui Financial posts 24.2% jump in Q1 net

TOKYO (Reuters) -Japan's second-largest bank ... profit as improved economic conditions helped boost its main lending business. Profit was 252.4 billion yen ($1.90 billion) in the April-June ... ( read original story ...)

Posted on 29/07/2022

Crypto Must Overcome Its Perceived Illegitimacy To Scale

In recent weeks, near unprecedented bitcoin volatility has sparked a firestorm of debate as pundits and investors argue about the value, monetary and otherwise, of cryptocurrency.

Posted on 29/07/2022

Nintendo Supplier Withdraws Outlook Citing Chips Uncertainty

Hosiden Corp., a major assembler of Nintendo Co.’s Switch console, withdrew its fiscal year sales forecast citing difficulties procuring electronic components.Most Read from BloombergRockstar Games ...

Posted on 29/07/2022

Japan’s Sumitomo Mitsui Financial posts 24.2% jump in Q1 net profit

Sumitomo Mitsui Financial Group Inc , Japan's second-largest bank, reported on Friday a 24.2% increase in first-quarter net profit as improved economic conditions helped boost its main lending ...

Posted on 29/07/2022

Japan’s industrial output up for 1st time in 3 months

New economic data from Japan suggests the country's manufacturing sector is turning a corner. The industrial output index rose in June for the first time in three months. ( read original story ...)

Posted on 29/07/2022

Jokowi Brings Back $11.9b in Investments from Japan, S. Korea

Japan and South Korea have been Indonesia's major sources of foreign direct investments in the past few years. ( read original story ...)

Posted on 29/07/2022

Japan looks to regions to mount COVID fight as variant spreads

Japan is encouraging regional authorities to take their own counter-measures against the spread of a new coronavirus variant that has sent cases surging to record levels but there is no plan for any ... ( read original story ...)

Posted on 29/07/2022

Japan To Allow COVID-Fighting Measures By Regional Authorities

Japan could announce as early as Friday plans for a new system to allow regional authorities to take counter-measures against the spread of a new ... ( read original story ...)

Posted on 29/07/2022

Japan rules out travel curbs despite Tokyo’s new Covid-19 cases touching record

Japan is cautiously and slowly reopening its borders. It has set a daily cap on visa entries and requires tourists to be on chaperoned tour groups. Despite the resurgence of new Covid-19 cases, PM ... ( read original story ...)

Posted on 29/07/2022

Japan’s factory output zooms as China eases COVID curbs

Japan's factories ramped up output at the fastest pace in more than nine years in June as disruptions due to China's COVID-19 curbs eased, a welcome sign for policymakers hoping the economic outlook ... ( read original story ...)

Posted on 29/07/2022

Turning a crazy cheap country Japanese house into a home — Step 3: Dragon attack!【SoraHouse】

Sayonara, sheds! As you can probably guess, the SoraHouse, the house in the Japanese countryside that we bought for just one million yen (US$7,460), is a fixer-upper that’s goin ... ( read original story ...)

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