Japan is allocating another ¥1.5 trillion ($9.9 billion) to boost its chip and artificial intelligence endeavors, including moonshot foundry project Rapidus. ( read original story ...)
Japan government approves $92 bn extra budget
Japan's unpopular minority government approved on Friday an extra budget to help pay for a massive stimulus package after the ruling coalition's worst election result in 15 years. The extra budget ... ( read original story ...)
Japan Stimulus Staved Off Years of Deflation, BOJ Study Says
Japan could have faced deflation for several years starting around 2016 without the Bank of Japan’s massive monetary stimulus program, according to research published by the central bank.
Tokyo CPI Speeds Up, Fueling Yen Move Amid BOJ Hike Speculation
Tokyo inflation accelerated more than expected in November while other data showed the economy moving broadly in line with Bank of Japan projections, feeding into speculation over a possible December ...
Sapporo City & ANA bank on the upcoming Bollywood film for tourism surge
ANA General Manager Mumbai, Shigeru Ishimoto expressed his delight at the successful partnership between ANA & Aamir Khan Productions with unflinching support from Sapporo City. His vision is to put ... ( read original story ...)
Japan finalises $92 billion extra budget for fresh spending package
Japan's government finalised a $92 billion supplementary budget on Friday to shield households from rising living costs, which may underpin consumption but also worsen its already strained public ... ( read original story ...)
Asian Shares Climb Amid Tokyo’s Inflation Surge and Yen’s Four-Month High
Asian shares rose as Tokyo's strong inflation data suggested a possible Bank of Japan rate hike. The yen hit a four-month high, influencing both Asian and U.S. markets, with Wall Street futures up 0.5 ... ( read original story ...)
Japan’s MUFG to spend over $660 million to buy robo-adviser WealthNavi
Japan's Mitsubishi UFJ Financial Group (MUFG) said on Friday it would spend about 99.7 billion yen ($664 million) to turn WealthNavi Inc, a provider of automated asset management, into a wholly owned ... ( read original story ...)
Asian shares slip, yen aims for best week in 4 months on BOJ hike bets
Asian shares slipped on Friday while the yen was aiming for its best week in four months as strong local inflation data had traders favouring an imminent rate hike from the Bank of Japan.
Chinese man says he defaced Yasukuni Shrine with ‘toilet’ graffiti to protest Fukushima discharge
A Chinese national living in Japan on Friday admitted to his involvement in a graffiti incident at the war-linked Yasukuni Shrine in Tokyo in May. Jiang Zhuojun, 29, pleaded guilty at the Tokyo ... ( read original story ...)
Stock market today: Asian shares are mixed, with US markets closed for Thanksgiving
Asian shares were mixed on Friday after U.S. markets were closed Thursday due to the Thanksgiving holiday. U.S. futures and oil prices rose. Tokyo's Nikkei 225 index fell 0.4% to 38,183.31 after the ...
Morning Bid: Yen bulls charge ahead after Tokyo inflation data
A look at the day ahead in European and global markets from Stella Qiu It was supposed to be a quiet post-Thanksgiving session in Asia but hotter-than-expected CPI readings for Tokyo emboldened ... ( read original story ...)
Embattled Japan leader vows to cooperate with long-ignored opposition in bid to save his government
Japan’s embattled Prime Minister Shigeru Ishiba, who survived as leader after a major election loss by his governing coalition, is promising to work closely with the long-ignored opposition that is ... ( read original story ...)
Japan to add $7.46 billion to fiscal investment, loans for Ukraine support, among others, draft shows
Japan's government is set to add 1.122 trillion yen ($7.46 billion) to its fiscal investment and loan program for the current financial year to account for Group of Seven nations' support for Ukraine, ... ( read original story ...)
Japan Data Show Some Signs of Improvement in Economy
Consumer prices, excluding fresh food, for the Tokyo metropolitan area rose 2.2% in November from a year earlier, marking the first acceleration in the pace of inflation in three months. ( read original story ...)
China, Russia militaries conduct joint air patrol over Sea of Japan
Chinese and Russian militaries have organised and carried out the ninth joint strategic air patrol in "relevant airspace" over the Sea of Japan on Friday, Chinese state broadcaster CCTV said. ( read original story ...)