Economy
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Japan Union Group Announces Hefty Wage Hikes, Presaging Shift at Central Bank
TOKYO, March 15 (Reuters) - Japan's annual labor talks with major firms ended up with pay raises ...
March 15, 2024
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Major Wage Gains Set Stage for BOJ to End Negative Interest Rate; Bank Likely to Debate Change Next Week
The Bank of Japan could be swayed to end its negative interest rate policy after major companies ...
March 14, 2024
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Japan’s Oct.-Dec. Revised GDP Up 0.4% at Annual Rate
TOKYO (Jiji Press) — Japan’s revised gross domestic product in October-December 2023 rose a revis...
March 11, 2024
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Japan Logs ¥438 Billion Current Account Surplus in January
TOKYO (Jiji Press) — Japan posted a current account surplus of ¥438.2 billion in January against ...
March 8, 2024
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“Shunto” Pay Hike Demands Top 5% for 1st Time in 30 Yrs
TOKYO (Jiji Press) — The weighted average of wage hikes requested by 3,102 member unions of the J...
March 7, 2024
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BOJ Steadily Moving toward 2% Price Target: Policymaker
TOKYO (Jiji Press) — A Bank of Japan policymaker said Thursday that the central bank is “steadily...
March 7, 2024
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Japan Real Wages Fall 0.6% in Jan.
Tokyo (Jiji Press)—Japan’s inflation-adjusted real wage index in January went down 0.6 pct from a...
March 7, 2024
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Tokyo Core Consumer Prices Up 2.5% in Feb.
Tokyo (Jiji Press)—Core consumer prices in central Tokyo gained 2.5 pct from a year before in Feb...
March 5, 2024
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Japan Companies’ Ordinary Profits Rise for 4th Quarter
TOKYO (Jiji Press) — Japanese nonfinancial companies’ combined ordinary profits in October-Decemb...
March 4, 2024
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Japan May Have Lowest GDP among Major Economies in 2060
TOKYO (Jiji Press) — Japan will have the lowest real gross domestic product per capita among all ...
March 4, 2024
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Industrial Output Falls at Fastest Pace Since May 2020
TOKYO (Jiji Press) — Japan’s industrial production fell 7.5% in January from the previous month d...
March 1, 2024
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Promissory Note Maturity Date to be Shortened by Half; Government to Revise Regulations for First Time in 60 Years
The government will revise the regulations governing promissory notes related to subcontractors, ...
February 26, 2024
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Proposed Recycling Rules in EU Could Effectively Cause Ban on Japanese Sake Imports
BRUSSELS — Japanese sake makers are facing a potential ban on imports into the European Union from 2...
February 25, 2024
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Offshore Wind Farms to be Expanded to EEZ to Promote Decarbonization
The government plans to expand the sea area where offshore wind turbines are allowed to be set up fr...
February 25, 2024
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BOJ Chief Ueda Says Japan’s Economy in ‘State of Inflation’
Bank of Japan Gov. Kazuo Ueda told a Diet committee on Thursday that Japan’s economy is in a “state ...
February 23, 2024
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