Economy
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Insufficient Rice Supply Hits Japan; Sever Heat, Rising Demand from Inbound Tourist Among Factors
Japan has recently been hit by insufficient supply of rice. Declining supplies due to severe heat...
August 23, 2024
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Japan Core Machinery Orders Up 2.1% in June
TOKYO (Jiji Press) — Japan’s seasonally adjusted core machinery orders in June rose 2.1% from the...
August 19, 2024
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Yen Carry Positions Rapidly Resolved in Recent Yen Rally
Tokyo (Jiji Press)—So-called yen carry positions in the international monetary market appear to h...
August 12, 2024
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Young People Boost Once-Stagnant Perfume Sales in Japan; Interest Grow Amid Isolation, Tension of COVID Pandemic
Young people are driving a boom in the fragrance and perfume market in Japan, a country once know...
August 8, 2024
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Official: Bank of Japan Won’t Raise Rates Amid Instability; Deputy Chief Says Central Bank Will Closely Observe Markets
HAKODATE, Hokkaido — The Bank of Japan will not raise interest rates while financial and capital ...
August 7, 2024
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Real Wages Up for 1st Time in 27 Months
TOKYO (Jiji Press) — Japan’s inflation-adjusted real wages grew for the first time in 27 months i...
August 6, 2024
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Ridesharing Restrictions in Japan to be Eased on Extremely Hot Days; Some in Govt Calling for All Restrictions to be Lifted
Ridesharing restrictions will be eased regarding the operation and number of vehicles when it is ...
August 4, 2024
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Japan Issues 1st Advisories under Platform Law to Amazon, Apple
Tokyo (Jiji Press) — The Economy, Trade and Industry ministry issued its first-ever advisories un...
August 3, 2024
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Japan Spends 5.5 T. Yen on Forex Intervention in June-July
Tokyo, July 31 (Jiji Press)—Japan spent ¥5,534.8 billion on foreign exchange market interventions...
August 1, 2024
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Key Finance Ministry Official Kanda Retires; Fought Deprecation of Yen for 3 Years
Masato Kanda, 59, was appointed a special advisor to the Cabinet on Thursday, after having retire...
August 1, 2024
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Bank of Japan’s Interest Rate Decision Likely to Affect Mortgages; Major Banks to Also Raise Rates on Ordinary Deposits
The Bank of Japan’s decision to raise its short-term interest rate target again this year will li...
August 1, 2024
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Interest Rates Appear to be Back for Good in Japan; Bank of Japan Gov. Ueda Implies It’s Past Cautious Approach is Over
After years of ultralow interest rates, Japan appears to be returning to “a world with interest r...
August 1, 2024
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BOJ Gov. Says Rate Hike Too Small to Harm Economy; Plan to Buy Fewer Bonds to be Subject to Interim Review
Bank of Japan Gov. Kazuo Ueda said Wednesday the increase in the policy interest rate decided by ...
July 31, 2024
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Bank of Japan to Raise Interest Rate Target to 0.25%; Govt Bond Purchases to be Halved by Early 2026 (UPDATE 1)
The Bank of Japan decided Wednesday to raise its short-term interest rate target to around 0.25%,...
July 31, 2024
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BOJ Decides to Cut its Monthly JGB Purchases to ¥3 trillion by End of March 2026
BOJ decides to cut its monthly JGB purchases to ¥3 trillion from ¥6 trillion by end of March 2026...
July 31, 2024
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