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Month: December 2024

Posted on 25/12/2024

Tokyo police ignored whistleblowing over alleged illegal probe into military export case

Police here failed to respond for months to multiple whistleblowing reports by an officer about the alleged illegality of its investigation i ... ( read original story ...)

Posted on 25/12/2024

KKR and Bain each bid more than US$5 billion for Seven & i assets: Sources

TOKYO: Private equity firms KKR and Bain Capital each offered more than US$5 billion in first-round bids for the non-core assets of Japan's Seven & i Holdings, according to people familiar with the ... ( read original story ...)

Posted on 25/12/2024

Japan’s budget to hit record, but with reduced new bond issuance, draft shows

Japan's government is set to compile a record $735 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world's heaviest debt, ...

Posted on 25/12/2024

Japanese Banks Post Efficiency Gains As Interest Rate Hikes Boost Profits

Major Japanese banks logged gains in efficiency measured by their cost-to-income ratios over the 12 months ended Sept. 30, helped by improved profits.

Posted on 25/12/2024

Waymo to begin testing driverless vehicles in Tokyo in early 2025

Waymo, formerly Google’s self-driving car project, recently announced plans to start testing its autonomous vehicles in Tokyo in early 2025, partnering with local taxi operator Nihon Kotsu and popular ... ( read original story ...)

Posted on 25/12/2024

Japan to compile record $734 bln budget for next fiscal year, draft plan shows

Japan's government is set to compile a record $734 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world's heaviest debt, ... ( read original story ...)

Posted on 25/12/2024

New Nagoya arena won’t ease sumo’s ticket crunch

A shiny new arena in Nagoya will seat 17,000 but capacity won't be nearly that high for sumo, meaning there's no relief on the horizon for ticket-hungry fans. ( read original story ...)

Posted on 25/12/2024

Japan to compile record $734 billion budget for next fiscal year, draft plan shows

Japan's government is set to compile a record $734 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world's heaviest debt, ... ( read original story ...)

Posted on 25/12/2024

Over 30 puppies missing after fire at dog kennel in Hokkaido

SAPPORO -- More than 30 puppies of popular breeds such as toy poodles, believed to have been inside a dog kennel in the city of Chitose, Hokkaido, have gone missing after the facility caught on fire. ( read original story ...)

Posted on 25/12/2024

Japan’s Nikkei inches down, trading muted before Wall Street holiday

Japan's Nikkei share average fell slightly by 0.12%. The market struggled for direction as the absence of foreign investors during the Christmas holiday impacted trading activities. Entertainment ...

Posted on 25/12/2024

Japan government plans record $730 billion budget for next fiscal year, Jiji reports

Japan's government is in final talks to compile a record over 115 trillion yen ($732 billion) general account budget for the fiscal year from April, Jiji news agency reported on Wednesday. The initial ... ( read original story ...)

Posted on 25/12/2024

Japan corporate service inflation rises, bolsters BOJ rate-hike odds

A leading indicator of Japan's service-sector inflation rose to 3.0% in November, accelerating for a second straight month, data showed on Wednesday, backing up the central bank's view that rising ... ( read original story ...)

Posted on 25/12/2024

Japan Is Said to Set Initial FY25 Debt Servicing Rate at 2%

Japan’s Finance Ministry will set a key rate used to calculate the country’s interest payments at 2%, an increase from the current rate, according to people familiar with the matter. ( read original story ...)

Posted on 25/12/2024

China, Japan foreign ministers meet in Beijing, seafood trade on agenda

Talks on seafood trade are expected to be on the agenda on Wednesday when Japan's foreign minister visits China, Japan's largest export market for aquatic products until Beijing placed a blanket ban ... ( read original story ...)

Posted on 25/12/2024

North Korean hackers linked to hack of 4,500 bitcoins from Japanese crypto exchange

North Korean hackers linked to the infamous Lazarus hacking group have been identified as being behind the theft of more than 4,500 bitcoins from Japanese cryptocurrency exchange DMM Bitcoin earlier ...

Posted on 25/12/2024

Japan’s corporate service inflation accelerates in November

A leading indicator of Japan's service-sector inflation hit 3.0% in November, accelerating for a second straight month, data showed on Wednesday, backing up the central bank's view that rising wages ... ( read original story ...)

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