Japan Post raises mail rates for first time in 23 years

Japan Post, a unit of Japan Post Holdings, raised mail rates Thursday in the first full-fledged hikes since January 1994, excluding markups on consumption tax increases. The rate for standard postcards has been increased by ¥10 to ¥62. Rates for other ... ( read original story ...)

Tokyo stocks up on Japan business spending boost

The benchmark Nikkei 225 index jumped 1.07 percent, or 209.46 points, to 19,860.03, while the Topix index of all first-section shares gained 1.13 percent, or 17.77 points, to 1,586.14. Tokyo stocks snapped a four-day losing streak Thursday after a survey ... ( read original story ...)

Osaka-area airports enjoy revenue lift under private hands

Though Kansai Airports enjoyed a smooth ride in its initial year, the 37.3 billion yen annual payment through 2060 for the rights to operate the two Osaka-area airports is no small burden. "To stabilize its business, [Kansai Airports] should increase the ... ( read original story ...)

Japan’s budget furniture king discounted his way to a fortune

“They went through every molecule of our operation,” said Tommy Kullberg, president of Ikea’s Japanese business at the time. A deflationary environment has punished most of the country’s traditional retailers, driving department-store sales down ... ( read original story ...)

Japan’s Factory Output in April Rose at Its Fastest Pace

A member of Japan automotive manufacturing staff working on the production line at the Sunderland Plant in Sunderland, North East England (Photo: AFP). Metrotvnews.com, Tokyo: Japan's factory output in April rose at its fastest pace in six years ... ( read original story ...)