A Japanese senior vice finance minister, who took up the role in a Cabinet reshuffle in September, on Thursday apologized after a mag ...
Japan’s SoftBank hit with $6.2B quarterly loss as WeWork, other tech investments go sour
Japanese technology company SoftBank Group Corp. racked up a huge loss in the July-September quarter as its technology investments, most notably office-sharing company WeWork, went sour. Tokyo-based ...
Japan’s State Minister of Finance admits repeated tax delinquency
Japan's State Minister of Finance Kanda Kenji has admitted that a company he owns had repeatedly failed to pay taxes. The revelation came in an Upper House committee meeting following a report from a ...
Finance minister says Kishida’s tax cut plan will deepen debt
Although Prime Minister Fumio Kishida said Japan will return surplus tax revenues to the people, his plan to cut income taxes will require an additional issuance of government bonds, Finance Minister ...
Japan Current Account Surplus Hits Record in Support for Economy
Japan’s current-account surplus hit a record high in the first half of this fiscal year, marking a potentially positive development for the country’s economic recovery and weakened currency. Most Read ...
Troubled 2025 Osaka Expo could see further cost increases
Amid numerous challenges, Osaka officials hope no further discussions on increasing the budget of the troubled event will be needed. ( read original story ...)
Japan’s ever-faithful dog turns 100
In the hurly-burly outside one of Tokyo's main train stations stands a statue of a dog whose true story of loyalty has made him a beloved mascot for generations.Hachiko, whose birth centenary is this week, ( read original story ...)
Profits Slip at Japan’s Sony, Hit by Lengthy Hollywood Strike
Sony has reported that its profit in the July-September quarter slipped 29% from a year earlier, as damage from a strike in the movie sector offset boosts from a favorable exchange rate ( read original story ...)
Japanese automaker Honda reports its 3Q profit jumped on strong demand at home and in the US
Honda has reported that its profit jumped 34% in the July-September quarter from a year earlier as a cheap yen helped boost the Japanese automaker's overseas strong earnings thanks to healthy demand, ... ( read original story ...)
SoftBank books $5.2bn quarterly loss as investments and weak yen bite
TOKYO: SoftBank Group on Thursday booked 789 billion yen ($5.22 billion) loss, marking its fourth straight quarter in the red, as it wrote down the value of some investments and a weak yen lifted the ...
Japan’s Nikkei rebounds sharply from two-day loss on earnings boost
Japan's Nikkei share average made strong gains on Thursday, snapping a two-day loss, as robust earnings helped propel energy and consumer-product shares. The Nikkei closed up 1.49% at 32,646.46, ...
Bank of Japan’s Ueda sees firms more actively raising prices, wages
BANK of Japan Governor Kazuo Ueda said on Thursday companies were becoming more active than before in raising prices and wages, signalling his conviction the country was making progress towards ...
Tokyo ward cancels gender forum after speaker’s mutant fish comments on Fukushima water
A forum hosted by Tokyo's Shinagawa Ward was canceled after a researcher slated to speak at the event made remarks contributing to harmful rumors about the release of treated water from the disaster-stricken Fukushima Daiichi nuclear plant. ( read original story ...)
Tokyo stocks rise on tech, exporter buying amid weak yen
Tokyo stocks rose sharply Thursday, with gains driven by tech stock buying tracking gains in their U.S. counterparts and a weak yen b ( read original story ...)
Japan minister defends $232 mil. wooden structure for 2025 Osaka Expo
Japan's minister overseeing the 2025 World Exposition in Osaka has defended the 35-billion-yen (approx. $232 million) cost for a wooden struc ... ( read original story ...)
Performance coach gets brutally honest on Naomi Osaka’s post-pregnancy targets
Performance coach Florian Zitzelsberger claims Naomi Osaka is "super motivated" to return to winning Grand Slams and get back to the world No 1 ranking post-pregnancy. Osaka, a four-time Grand Slam ... ( read original story ...)