The Nikkei average closed down 0.29 percent to 38,701.90 while the broader Topix index settled 0.44 percent lower at 2,701.99. Nikkei is at around two and half week low. Japanese inflation edged up in November as higher energy costs dominated proceedings.
Japan’s Genki Sushi casts wider overseas net in U.S., Southeast Asia
TOKYO -- Genki Global Dining Concepts, a conveyor-belt sushi chain operator, will ramp up expansion overseas, targeting markets with growing populations such as Vietnam and the U.S. state of Texas.
Small Japanese firms are going broke at rapid pace as labour shortage turns dire
In the first half of this year, 182 companies went under in the country which faces a deficit of 3.4 million workers by decade’s end. ( read original story ...)
Foxconn’s interest in Nissan said to be on hold amid Honda merger talks
Foxconn’s pause is the latest development in the unexpected emergence of two suitors for the ailing Japanese carmaker. ( read original story ...)
Yokohama Rubber holds groundbreaking ceremony for new passenger car tire plant in China
The groundbreaking ceremony marks the start of construction of the first plant being built under the “1-year plant” challenge in the consumer tire business’ growth strategy set forth in Yokohama ... ( read original story ...)
SoftBank Corp. Plans to Buy Osaka Property for More Than $600 Million, Set Up AI Data Center — Update
SoftBank Corp. plans to buy an industrial property in Osaka for more than $600 million to set up a big data center for artificial-intelligence applications, its latest investment in the burgeoning ... ( read original story ...)
Japan says overall economy recovering, cuts view on corporate profits
TOKYO, Dec 20 (Reuters) - Japan's government said on Friday that the economy was recovering moderately in December but warned of risks ahead, such as higher interest rates overseas and policies in the ... ( read original story ...)
Tether Removal Puts Europe at Risk of Missing Trump Crypto Boom
European Union cryptoasset regulations set to take full force at year-end are already reshaping the market for a key type of digital token, potentially weakening the bloc’s appeal to investors just as crypto convert Donald Trump gets ready to take office in the US.
BofA, Nomura Push Out Bank of Japan Rate Hike on Dovish Ueda
Economists at two major financial firms pushed out expectations for the Bank of Japan’s next interest rate hike to March 2025 from January after Governor Kazuo Ueda struck a cautious tone in his ...
SoftBank Corp. Plans to Buy Osaka Property for More Than $600M, Set Up AI Data Center
SoftBank Corp. plans to buy an industrial property in Osaka for more than $600 million to set up a big data center for artificial-intelligence applications.
Yen falls to upper 157 vs. dollar as BOJ rate hike expectations fade
The yen hit a five-month low in the upper 157 range against the U.S. dollar in Tokyo on Friday as expectations of interest rate incre ...
Bank of Japan bids final farewell to Kuroda’s radical policy experiment
In rare criticism of its past policies, the Bank of Japan said former governor Haruhiko Kuroda's stimulus didn't change consumer psychology as much as planned, continuing a symbolic shift away from ...
Yen falls to upper 157 range vs. dollar as BOJ hike expectations fade
The yen hit a five-month low in the upper 157 range against the U.S. dollar in Tokyo on Friday morning as expectations of interest ra ...
Sapporo arson suspect dies in hospital
Police still intend to submit the arson case to prosecutors and are committed to piecing together the events that led to the blaze. ( read original story ...)
Japan: Funny play with a dog in Osaka, Japan
On December 13, 2024, in Osaka, Japan, @s.k.999 shared a video of a person playing with their dog, Coco. In the video, the dog emits noises while lying on the floor as the person tickles it. The ... ( read original story ...)
Japan’s ruling camp fails to secure opposition support for tax reforms
Japan's minority ruling coalition on Friday failed to secure support from a key opposition party for its planned tax reforms, a development that could jeopardise Prime Minister Shigeru Ishiba's budget ... ( read original story ...)