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Month: March 2023

Posted on 15/03/2023

Flying car has first test flight in aiming for use at ’25 Osaka Expo

OSAKA–-A piloted test flight of a “flying car” here on March 14 was judged a success and a step toward making its first commercial flight in Japan at the 2025 Osaka Kansai Expo. ( read original story ...)

Posted on 15/03/2023

Tokyo coffee shop made famous on Tiktok draws returning tourists hungry for pudding

With a rapid, right-hand swoop, Shizuo Mori served the last of about 50 puddings on Wednesday, a treat that's made his tiny Tokyo coffee shop a destination for tourists flocking to Japan after the end ... ( read original story ...)

Posted on 15/03/2023

Japan Inc delivers largest wage increases in decades

Top Japanese companies offered their largest pay increases in a quarter century at annual labour talks which wrapped up on Wednesday, heeding, at least for now, Prime Minister Fumio Kishida's calls ... ( read original story ...)

Posted on 15/03/2023

Analysis: China, North Korea loom large as South Korea and Japan try to make amends

A senior Japanese Defense Ministry official said officials from the ... article with image 8:11 AM UTC China's embattled property sector made new progress in its climb out of a months-long slump as ... ( read original story ...)

Posted on 15/03/2023

SVB Crisis Unlikely to Spread to Japan, Regional Banker Says

Concerns about Silicon Valley Bank’s failure are “extremely unlikely” to spread to Japan, according to the nation’s top regional banker.Most Read from Bloomberg‘Old-School’ Signature Bank Collapsed ...

Posted on 15/03/2023

Japanese companies likely to spurn Saudi Aramco IPO

Japanese companies are unlikely to invest in Saudi Aramco's blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world's biggest oil company, the head of ...

Posted on 15/03/2023

Japan stocks higher at close of trade; Nikkei 225 up 0.03%

Japan stocks were higher after the close on Wednesday, as gains in the Retail, Transportation Equipment and Mining sectors led shares higher. At the close in Tokyo, the Nikkei 225 added 0.03%. The ...

Posted on 15/03/2023

Roundup: Japan’s Nikkei ends fractionally higher as banking stocks recover, contagion fears remain

TOKYO, March 15 (Xinhua) -- Japan's benchmark Nikkei stock index ended fractionally higher Wednesday as banking stocks bounced back after a two-day selloff on concerns over the health of the U.S.

Posted on 15/03/2023

Nikkei snaps 3-day losing run as Japan banks rise on easing contagion fears

The Nikkei had a volatile session, but recovered in the final 15 minutes of trade to close steady at 27,229.48. Over the previous three days, the benchmark had slumped nearly 5%.

Posted on 15/03/2023

The SVB crisis may prompt the Bank of Japan to delay policy changes, says former board member

Any changes to its ultra-dovish monetary policy could be delayed by as much as a year, said Nomura Research Institute economist Takahide Kiuchi. ( read original story ...)

Posted on 15/03/2023

Japan visitors show ‘robust’ recovery with 1.47 million in Feb – tourism agency

Visitors to Japan dipped slightly in February but continued to show "robust recovery" following the government's relaxation of COVID-19 border control restrictions, the national tourism agency said on ... ( read original story ...)

Posted on 15/03/2023

Just Sleep Osaka Shinsaibashi opens with 100 keys

Silks Hotel Group (SHG) celebrated the grand opening of its first overseas hotel on March 1st, situated in Osaka's Shinsaibashi district. ( read original story ...)

Posted on 15/03/2023

UAE, Japan Exploring Fresh Avenues Of Economic Cooperation

Japan, being one of Abu Dhabi's pre-eminent trade and investment ... companies seeking new or dual listings on the Abu Dhabi Securities Exchange, the Abu Dhabi IPO Fund, which is a AED5 billion fund, ...

Posted on 15/03/2023

Asia markets rebound ahead of China economic data release; U.S. inflation cools as expected

The U.S. consumer price index report for February came in at 0.4% and an annualized increase of 6%, in line with Dow Jones estimates. In Australia, the S&P/ASX 200 rose 0.64% as bank stocks rallied ...

Posted on 15/03/2023

Japan won’t face incidents like SVB collapse – finance minister

Japan's banking sector won't face incidents similar to the collapse of U.S. lender Silicon Valley Bank due to differences in the structure of bank deposits, Finance Minister Shunichi Suzuki said on ...

Posted on 15/03/2023

Factbox: How major Japanese firms are responding to wage hike demands

TOKYO, March 15 (Reuters) - Many Japanese companies will wrap up their annual "shunto" labour talks on Wednesday, although many have made early decisions with bullish plans, responding to government ... ( read original story ...)

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