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Posted on 09/03/2023

‘Sushi terror’ pranks outrage Japan as police make arrests

Japanese police have arrested three people over "sushi terror": viral, unhygienic pranks that are threatening the world-famous feature of sushi conveyor belt restaurants. Last month, a video of a man ... ( read original story ...)

Posted on 09/03/2023

Nikkei 225 strong rally seems to fizzle as Japan GDP disappoints

The Nikkei 225 index (NI225) has taken a commanding lead against other global indices even as monetary policy concerns remained ...

Posted on 09/03/2023

The Bank of Japan is going to shift its focus away from 10-year yield, says Nomura

Yujiro Goto of the financial services firm says that when it comes to Japan's economy, the 5-year yield or 3-year yield is much more important for capital expenditure and housing investments.

Posted on 09/03/2023

Japan Lower House Approves Kazuo Ueda as Next BOJ Governor

Japan’s Lower House of Parliament has approved Kazuo Ueda to become the next Bank of Japan governor.

Posted on 09/03/2023

Wave of ‘sushi terrorism’ rocks Japan’s restaurant industry

Among the number arrested is a 21-year-old who is alleged to have drunk from a communal soy sauce bottle at a kaitenzushi restaurant run by Kura Sushi in the central city of Nagoya early last month. ( read original story ...)

Posted on 09/03/2023

3 pranksters arrested by Aichi police over ‘sushi terror’ incident

NAGOYA--Police have arrested three people for what the news media have dubbed as “sushi terrorism,” where pranksters film themselves committing unhygienic acts at conveyor-belt sushi restaurants, ... ( read original story ...)

Posted on 09/03/2023

Japan’s largest union reaches early deal for higher pay

Workers from Japan's largest union have struck early agreements for hefty wage hikes with employers as cost of living pressures grow and businesses scramble to secure staff amid a labour crunch, unionists said on Thursday. ( read original story ...)

Posted on 09/03/2023

UPDATE 1-Japan’s ispace to list shares in Tokyo ahead of planned moon landing

Japan's ispace Inc., aiming to be the first commercial company to land a probe on the moon, announced on Wednesday an initial public offering of its shares. The start-up is authorized to list 200 ... ( read original story ...)

Posted on 09/03/2023

Japan’s lower house approves Ueda as next BOJ chief

Japan's lower house of parliament on Thursday approved the government's appointment of Kazuo Ueda as next central bank governor. The upper house will vote on the nomination on Friday. Approval by the ... ( read original story ...)

Posted on 09/03/2023

Dead suspect in Tokyo blade attack on sociologist reported to prosecutors; motive unknown

A suspect who died following the November 2022 slashing of sociologist Shinji Miyadai on a university campus in the suburban Tokyo city of Ha ... ( read original story ...)

Posted on 09/03/2023

Japan’s narrowly avoids recession in fragile recovery

The data suggested people went out less than expected during Japan’s latest Covid-19 wave and reined in spending as prices rose. Such weakness supports the central bank’s view that Japan still needs ...

Posted on 09/03/2023

Nissan to overhaul electric powertrains for EVs, hybrids in search of cost cuts

Nissan Motor Co Ltd on Thursday said it will overhaul its approach to powertrains for all-electric and hybrid petrol-electric vehicles as it aims to bring hybrid prices in line with those of ... ( read original story ...)

Posted on 09/03/2023

Tokyo stocks rise in morning in cautious trade after 4 days of gains

Tokyo stocks were higher Thursday morning as buying interest continued in inbound tourism-related issues, but caution grew over chasi ... ( read original story ...)

Posted on 09/03/2023

Japan’s economy barely grew in Q4, weak consumption raises policy challenge

Japan's economy narrowly averted a recession at the end of last year, barely growing in the fourth quarter on frail consumption, revised data showed on Thursday, underscoring the challenge for ... ( read original story ...)

Posted on 09/03/2023

Chicken nuggets, tofu and bidets: Japan’s inflation story in 3 everyday items

The one-coin meals have long been a symbol of Japan’s struggle with deflation, but ¥500 is no longer enough to buy a Tomica toy car or a tempura bowl in Tokyo. Prices of some c ... ( read original story ...)

Posted on 09/03/2023

Japan’s Nissan slashing EV costs, cuts rare materials use

Japanese automaker Nissan is revving up its electrification shift and slashing costs by using the same components across models and reducing use of expensive rare materials. Nissan Motor Co. presented ... ( read original story ...)

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