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Posted on 31/07/2024

Japan Spent $36.6 Billion to Prop Up Yen in Past Month

Japan’s currency intervention to support the yen in the past month was worth ¥5.5 trillion ($36.6 billion), as the government showed its willingness to counter speculators betting against the yen. ( read original story ...)

Posted on 31/07/2024

NBCUniversal’s Paris Olympics sales beat Tokyo’s US$1.25 billion

Comcast Corp.’s NBCUniversal said advertising revenue for the Paris Olympics and Paralympics surpassed the record US$1.25 billion sold for the Tokyo 2020 Games. ( read original story ...)

Posted on 31/07/2024

Two luxury companies are selling big to Japanese buyers, not just to tourists taking advantage of the cheaper yen

Prada's Japan sales surged 55% in the first half of 2024, driven by local customers — despite a surge of Chinese shoppers in Japan. ( read original story ...)

Posted on 31/07/2024

Two luxury companies are selling big to Japanese buyers, not just to tourists taking advantage of the cheaper yen

Prada's Japan sales surged 55% in the first half of 2024, driven by local customers — despite a surge of Chinese shoppers in Japan. ( read original story ...)

Posted on 31/07/2024

Japan’s top automaker Toyota acknowledges more certification cheating and apologizes

Toyota has reported more cases of cheating on certification tests for new models required by the Japanese government, on top of others acknowledged earlier. ( read original story ...)

Posted on 31/07/2024

Easy Japanese news in translation: Bottlenose dolphin born at aquarium in Yokohama

A baby bottlenose dolphin was born at Yokohama Hakkeijima Sea Paradise, an aquarium in Kanagawa Prefecture. The animal is 1 meter long and weighs 20 k ... ( read original story ...)

Posted on 31/07/2024

1 dead and dozens sickened after eating roasted eel from a Japanese department store

One person has died and nearly 150 others have been sickened after eating grilled eel prepared by a restaurant chain and sold at a department store near Tokyo ... ( read original story ...)

Posted on 31/07/2024

Warburg Pincus-Backed ESR-LOGOS To Buy Japan, Singapore Properties For $576 Million

Warburg Pincus-backed ESR-LOGOS REIT has agreed to buy stakes in logistics properties in Japan and Singapore for $576 million to tap on Asia’s booming e-commerce. ( read original story ...)

Posted on 31/07/2024

Bank of Japan lifts rates as Fed inches towards cut

The Bank of Japan is expected to detail plans to taper its huge bond buying on Wednesday and debate whether to raise interest rates, signalling its resolve to steadily unwind a decade of massive ...

Posted on 31/07/2024

ASML, Tokyo Electron Shielded From US Chip Export Rules, For Now

Tokyo Electron Ltd. and ASML Holding NV led a worldwide rally in semiconductor stocks after Reuters reported the Biden administration planned to exempt chip-equipment makers in Japan, the Netherlands ...

Posted on 31/07/2024

10,000 km from home, students from Japan’s quake-hit Noto cheer at Paris Olympics

As the final whistle blew, Japanese supporters in the stands at Parc des Princes in Paris erupted in cheers. The Japanese women's soccer team, Nadeshiko Japan, had come from behind in their Olympic ... ( read original story ...)

Posted on 31/07/2024

Is it heatstroke or COVID? Central Japan emergency medical responders on high alert

Medical personnel in central Japan are on guard as the "11th wave" of coronavirus infections and the intense summer heat simultaneously hit the country, making it difficult to immediately distinguish ... ( read original story ...)

Posted on 31/07/2024

Bank of Japan raises its key interest rate, aiming to curb yen’s slide against the dollar

TOKYO -- The Bank of Japan raised its key interest rate Wednesday to about .25% from zero to about 0.1%, acting to curb the yen’s slide against the U.S. dollar. ( read original story ...)

Posted on 31/07/2024

Japan’s central bank raises its benchmark rate to 0.25%, aiming to halt the yen’s slide against the U.S. dollar

Japan's central bank raises its benchmark rate to 0.25%, aiming to halt the yen's slide against the U.S. dollar ...

Posted on 31/07/2024

Tokyo Disney’s Value Almost Hits One Year Low

The stock price of the company which controls Tokyo Disneyland crashed last week to almost its lowest value of the past year despite opening a $2.1bn expansion just one month earlier. ( read original story ...)

Posted on 31/07/2024

Bank of Japan to debate rate hike, outline bond taper plan

The Bank of Japan is expected to detail plans to taper its huge bond buying on Wednesday and debate whether to raise interest rates, signalling its resolve to steadily unwind a decade of massive ...

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