Japan's nominal gross domestic product (GDP) per capita reached $33,849 in dollar volume in 2023, behind South Korea and placing the country ... ( read original story ...)
CCCI sets trade mission to Osaka in 2025
THE Cebu Chamber of Commerce and Industry (CCCI) is planning to send a delegation of 50 business leaders to Osaka, Japan, for a trade mission scheduled in Febru ... ( read original story ...)
MGM Osaka main-area work starts April 2025: report
That is as reported by Kensetsutsushin Shimbun, a Japanese business news outlet covering the construction industry. According to GGRAsia’s Japan correspondent, the outlet cited an update from Osaka IR ... ( read original story ...)
Japan Airlines Delays Flights After Cyberattack
The airline also temporarily stopped selling tickets for flights departing Thursday, but said that there was no impact on flight safety. ( read original story ...)
Japanese government to invest ¥100 billion in Rapidus in 2025
The government hopes its investment will encourage private funding for the chipmaker, which is building a plant to produce next-generation semiconductors. ( read original story ...)
Japan’s comedian-turned-investor launches fund with ex-Goldman ‘stock geek’
TOKYO: On the face of it, the duo hardly seem fit to inspire confidence as the brains behind Japan's newest stock fund: One, a former comedian and the other, every bit the stereotypical "otaku" geek. ( read original story ...)
Japanese giant Nippon says Rust Belt residents back $15B takeover of US Steel
Nippon President Tadashi Imai told reporters on Wednesday that there is “considerable amount of support for this acquisition” in the Rust Belt. ( read original story ...)
Tokyo stocks rise on auto gains, Chinese shares end lower
TOKYO : Tokyo stocks ended slightly higher today as a weaker yen boosted export-oriented automakers while many investors sat on the sidelines amid the Christmas holiday overseas, reported Xinhua. ( read original story ...)
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 ...)
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 ...)
Here’s why 3.5 million people in Japan buy KFC for dinner on Christmas day
When you think about a good Christmas dinner, what do you think of? For most people, it's probably a nice ham and some dressing to go along with it. For others? It's probably a nice turkey. ( read original story ...)
Japan finance minister repeats warning against excessive yen selling
Japan Finance Minister Katsunobu Kato reiterated Tokyo's discomfort over excessive foreign exchange moves and put speculators on notice that authorities are ready to act to stabilise a faltering yen. ( read original story ...)
Japan Startups Stocks Set for Longest Rout as Rate Hike Looms
A gauge of Japan’s startup stocks is headed for its longest run of annual losses on record as the threat of higher interest rates adds to a list of issues keeping some investors away from the sector. ( read original story ...)
Fate of US Steel’s deal with Japan’s Nippon is now up to Biden, sources say
To secure approval for the deal, Nippon pledged to invest billions of dollars in US Steel’s business in critical states ... US Steel has said that the multibillion-dollar investment from its Japanese ... ( read original story ...)
Honda and Nissan Aim to Merge as Global Competition Bears Down
Japan’s second- and third-largest automakers hope the $50 billion deal would help them catch up with Tesla and China’s BYD in electric vehicles and advanced software. ( read original story ...)
Nissan, Honda announce plans to merge, creating world’s No. 3 automaker
Automakers in Japan have lagged behind their big rivals in electric vehicles and are trying to cut costs and make up for lost time. ( read original story ...)