Major Japanese firms have agreed to increase monthly pay through pay scale hikes and regular raises by 5.39%, or ¥19,195, on average in this year’s shuntō spring labor-management wage negotiations, a …
Japan closes in on biggest ever defense export with frigate selection
Japan has struggled to export cutting-edge defense equipment. However, past disappointments have been turned on their head after Japan won selection for a lucrative Australian frigate requirement …
Blackstone offers $3.5 bln for Japan’s TechnoPro as deal competition heats up
Blackstone said on Wednesday it would launch a $3.5 billion offer to take TechnoPro Holdings private, the latest in a series of deals that have helped push M&A dealmaking to record levels in Japan …
How Olympus Hid $4.9 Billion in One of Japan’s Biggest Frauds
The Olympus fraud scandal is one of Japan’s largest corporate crimes, where executives hid over $4.9 billion in losses using complex accounting tricks and inflated acquisitions. Whistleblower Michael …
Japan ruling party heavyweight warns against BOJ rate hike
The Bank of Japan must be cautious about raising interest rates given the expected hit from U.S. tariffs on the fragile economy, ruling party heavyweight Ken Saito told Reuters.
Pilots take off on friendship flight to commemorate 80th anniversary of atomic bombings of Japan
As they fly wing-to-wing over a vital spot in the development of the atomic bomb, a native of Japan and a former U.S. military officer hope their friendship outshines the horror of the blasts that …
World marks 80 years since US dropped atomic bomb on Japan as global powers still trade nuclear threats
As the world marks the 80th anniversary of the first use of a nuclear weapon on the Japanese city of Hiroshima near the end of World War II, the planet is closer to seeing them used again than it has …
Why Japan Is Rethinking Its Peace Vow
The country’s postwar Constitution is under scrutiny as Japan rebuilds its military, spooked by a rising China and other potential threats.
Does Japan Want American Cars? Trump’s Push to Open Foreign Markets Faces Test.
President Trump is celebrating deals that lower trade barriers on American staples like cars. Experts question how much of an effect this will have.
Japan records record-high temperature of 107 degrees
Aug. 5 (UPI) — Japan recorded a record high temperature of 107 degrees Fahrenheit in Isesaki, Gunma Prefecture on Tuesday. Authorities issued a warning for 44 of 47 prefectures under the heatstroke …