The complaints allege that Japan advertising giant Dentsu, its main rival Hakuhodo and four other firms and seven individuals rigged bids for Olympic test events. ( read original story ...)
Japan Accuses Ad Giant Dentsu of Rigging Bids for Tokyo Olympics
Prosecutors said the company and five others conspired to evade the public bidding process for test events, part of a widening investigation into corruption surrounding the Games. ( read original story ...)
Japan’s House approves record spending budget
Japan's House of Representatives passed a record $840 billion budget that will boost defense and childcare spending with the full support of Prime Minister Fumio Kishida's Liberal Democratic Party on Tuesday. ( read original story ...)
Japan OKs new budget incl. hefty arms cost to deter China
Japan’s lower house of parliament has approved a 114 trillion yen ($836 billion) budget for the next fiscal year ( read original story ...)
South Korea, US, Japan meet on supply-chain resilience
Officials from South Korea, the United States and Japan have held their first economic security dialogue, South Korea's presidential office said on Tuesday, amid efforts to strengthen the resilience of supply chains and develop technology. ( read original story ...)
‘Lost earnings’ of late hearing-impaired girl would have been 85% of avg.: Osaka court
The future income of a hearing-impaired girl who died in a traffic accident at age 11 would have been 85% of the average in Japan, the Osaka ・・・ ... ( read original story ...)
Dentsu and others charged in Tokyo Olympic bid-rigging probe
The Tokyo Olympic bid-rigging scandal widened Tuesday with Japanese advertising giant Dentsu and five other companies charged by Tokyo district prosecutors. Executives or management-level officials at ... ( read original story ...)
Japan’s lower house of parliament passes record budget
The lower house of Japan's parliament passed on Tuesday a record 114.4 trillion yen ($839.3 billion) budget for the next fiscal year that begins in April, a ruling party lawmaker said, a move that would further strain the industrial world's heaviest debt burden. ( read original story ...)
Rally in Tokyo’s Shibuya calls for Japan to raise minimum wages
Amid skyrocketing consumer prices, around 100 people demonstrated in the capital's Shibuya Ward on Feb. 26, calling for major increases to the country's minimum wages.Kaede Motegi, a 21-year-old ... ( read original story ...)
Antitrust authorities take legal action over Tokyo 2020 bribery
The Japan Fair Trade Commission sued six companies Tuesday, including the country's largest advertising agency, Dentsu, for allegedly rigging bids for the Tokyo 2020 Olympic Games test events. ( read original story ...)
Top Japan Diplomat Set to Skip G-20 Meeting, Snubbing India
Japanese Foreign Minister Yoshimasa Hayashi is unlikely to attend a meeting of G-20 foreign ministers in India from Wednesday, instead prioritizing parliamentary business, according to a government ... ( read original story ...)
Japan ad giant accused of Olympics bid-rigging
Japan's competition regulator has filed criminal complaints against the advertising giant Dentsu and five other firms over the alleged bid-rigging of contracts for the Tokyo 2020 Olympics. The ... ( read original story ...)
Japan Post’s deal will test interest rate optimism
The $12 billion triple initial public offering of the Japan Post Group by the government in 2015 was done in the name of economic efficiency. It has paid off less well for investors. After a brief ... ( read original story ...)
VOX POPULI: Tokyo bombing film ‘Paper City’ reminds us of war’s tragedies
A white-haired man stares at the photograph of a young boy sitting in a daze, covered with darkened blood and gray ash. ( read original story ...)
Rapidus picks northern Japan’s Chitose as semiconductor plant location
Japan's state-backed Rapidus said on Tuesday it would build its semiconductor plant in Chitose, a manufacturing hub on the nation's northern island of Hokkaido. ( read original story ...)
Japan’s factory output posts biggest fall in 8 months on weak autos, chips sectors
Japan's factory output shrank at the fastest pace in eight months in January as declining overseas demand took a heavy toll on key industries such as auto and semiconductor equipment. In contrast, ... ( read original story ...)