A panel at the Japanese labour ministry has decided to raise the national average minimum wage by about 5% to 1,054 yen ($6.85) per hour this fiscal year, the biggest ever jump, public broadcaster NHK reported on Wednesday. ( read original story ...)
Asia markets fall as traders assess Japan, Aussie business activity data and U.S. tech earnings
Investors in Asia will also look at tech stocks to see if there is any spillover effect on EV stocks after Tesla earnings missed estimates. ( read original story ...)
Nikkei 225 index diverges with yen ahead of BoJ decision
The Nikkei 225 index has recoiled in the past few weeks. It is nearing a technical correction as it dropped by 8% from the year-to-date high of ¥42,438 to the current ¥39,154, its lowest swing since ...
Japan’s Nikkei closes at one-month low on mixed US tech earnings, yen rally
Japan's Nikkei closes lower for the sixth consecutive day due to mixed U.S. tech earnings and yen's rally. Topix also falls. Market cautious ahead of Bank of Japan and Federal Reserve meetings. Big ...
Investors foxed by Japan’s revamped FX intervention blueprint
Japanese official buying to defend the yen is fast becoming a standard feature of the FX landscape in 2024, but authorities in Tokyo have switched up their methods, making it even trickier for ...
With former stance a potential liability, Tokyo adopts damage limitation policy: China Daily editorial
This adjustment of their China policy in preparation for the possible change of White House occupier is also observable among some other US regional allies, including the Philippines, which has just ... ( read original story ...)
Analysis-Investors foxed by Japan’s revamped FX intervention blueprint
Japanese official buying to defend the yen is fast becoming a standard feature of the FX landscape in 2024, but authorities in Tokyo have switched up their methods, making it even trickier for ... ( read original story ...)
Japan to resume funding for stalled projects in Sri Lanka, envoy says
Japan will resume funding for all stalled projects in Sri Lanka, Tokyo's envoy there said on Wednesday, the first such announcement since the island nation finalised a $10 billion restructuring deal ... ( read original story ...)
The unusual homework given to traumatised children in Japanese earthquake town
Children are asked to hug their parents, sit on a parent’s knee, hold their hands for more than a minute or shake their hands to cope ... ( read original story ...)
Courtyard by Marriott Sapporo Debuts
The 321-Room Hotel Welcomes Trailblazing Business and Leisure Travelers to Northernmost Island of Hokkaido, Famous for its Picturesque Landscapes, Skiing and Spellbinding Annual Snow Festival ... ( read original story ...)
Terunofuji, as he tends to do, returns to stamp his authority on sumo pretenders
The veteran was in vintage form through the first 10 days, simply overwhelming opponents and appearing impervious to all manner of attacks. ( read original story ...)
Biles, Richardson, Osaka comebacks ‘bigger than them.’ They highlight issues facing Black women
Naomi Osaka will join gymnastics icon Simone Biles and track and field star Sha’Carri Richardson on the Olympic stage. ( read original story ...)
90 alleged members of 2 investment fraud rings arrested in Osaka; damage totals $6.45 mil.
A total of 90 alleged members of two investment fraud rings based here had been arrested by the morning of July 24 following on-site searches ... ( read original story ...)
At least 121 people onboard stuck as Japanese ferry loses control off Tokyo
At least 121 people onboard, including crew members and 116 passengers, were stuck after a ferry lost its control "due to an oil leak" in Japan on Wednesday. A Tokai Kisen Co. ship, Seven Islands Ai, ... ( read original story ...)
Tech policy – UK and Japan debate the Hiroshima Accord in run-up to Osaka 2025
With a world fair looming in 2025, and 2024 dogged by ‘known unknowns’, what is the status of a bilateral tech agreement between two leading economies? ( read original story ...)
Japan’s Nikkei slides as Wall Street losses, yen rally weigh
The Nikkei slid 0.22% to 39,508.84 by the midday break, while the broader Topix was down 0.37% at 2,822.91. Wall Street ended slightly lower on Tuesday, while earnings from Alphabet and Tesla, the ...