Toyota Motor Corp., Mazda Motor Corp., and Subaru Corp. doubled vehicle exports in September from a year earlier as the negative impact from a global parts shortage eased and the yen fell to a 24-year low against the dollar, industry data showed Friday…
Main events scheduled for Saturday, Oct. 29
Main events scheduled in Japan for Saturday, Oct. 29: — No major events.
URGENT: BOJ maintains ultralow rates, raises inflation outlook
The Bank of Japan on Friday decided to retain ultralow interest rates to support the Japanese economy amid rising inflationary pressure from higher energy and raw material costs and the yen’s continuing falls. The Japanese central bank revised upward i…
Main events scheduled for Oct. 31- Nov.6
Main events scheduled in Japan for Oct. 31 – Nov. 6: Oct. 31 (Mon) — Preliminary industrial production index for September to be released by Ministry of Economy, Trade and Industry. Nov. 1 (Tues) — German President Frank-Walter Steinmeier to arrive f…
FOCUS: Tokyo Olympic graft case reveals how Dentsu controls Japan ad industry
The ever-expanding graft case linked to last year’s Tokyo Olympics has shed light on an oligopolistic structure of the Japanese advertising industry controlled by Dentsu Inc., with a smaller rival implicated after allegedly trying to win its favor. Har…
Canada to seek membership of U.S.-led Indo-Pacific Economic Framework
Canada will seek membership to the U.S-led Indo-Pacific Economic Framework, its foreign minister said Thursday, referring to a regional economic engagement initiative Washington is pitching to counter China’s growing clout. The framework, commonly know…
Japan’s Sept. jobless rate rises to 2.6%
Japan’s unemployment rate stood at 2.6 percent in September, up from 2.5 percent the previous month, the Ministry of Internal Affairs and Communications said Friday. The job availability ratio rose 0.02 point from August to 1.34 in September, meaning t…
Japan to approve new economic package as inflation, weak yen bite
Japan on Friday will unveil a fresh economic package that will include 29.1 trillion yen ($199 billion) in government spending, featuring steps to alleviate the pain of accelerating inflation and lift the economy out of the doldrums amid COVID-19, Russ…
Japan to triple civilian transport ships for Self-Defense Forces
Japan is set to triple the number of its contracted civilian ships for priority use to compensate for the Self-Defense Forces’ transport capability shortfall in times of military contingencies, including heightened tensions across the Taiwan Strait, so…
Baseball: Japan’s WBC manager expects tough South Korea clash
Hideki Kuriyama, Japan’s manager for the 2023 World Baseball Classic, expects a tough contest against long-time rival South Korea. “We shouldn’t compare them to their clubs in the past, but rather think of them as a completely new team,” Kuriyama said …