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Tag: Japan

Posted on November 14, 2024

Japan’s SMFG lifts profit forecasts after Q2 net income rises 27%

Sumitomo Mitsui Financial Group , Japan’s second-largest lender by assets, raised its annual net profit forecast on Thursday to a record 1.16 trillion yen ($7.44 billion) after a 27% jump in …
Posted on November 14, 2024

Japan’s Sake Brewers Hope UNESCO Heritage Listing Can Boost Rice Wine’s Appeal

The religious connotations of sake are evident at the brewery. The big cedar-leaves ball hanging under the eaves is a symbol of a shrine for the god of sake-making. In Japan, sake is used to purify …
Posted on November 14, 2024

Japan planning $87 bln extra budget to fund stimulus package, paper says

The Japanese government is making arrangements to compile a supplementary budget of about 13.5 trillion yen ($87 billion) to fund a stimulus package to help low-income households and offset rising …
Posted on November 14, 2024

Japan planning $87 billion extra budget to fund stimulus package, paper says

The Japanese government is making arrangements to compile a supplementary budget of about 13.5 trillion yen ($87 billion) to fund a stimulus package to help low-income households and offset rising …
Posted on November 14, 2024

Japan readies ambitious $65 billion plan to revive homegrown semiconductor manufacturing — Expects economic return of over $1 trillion

The Japanese government is prepping to ink a bill that grants $65 billion in subsidies to revive local chip manufacturing.
Posted on November 13, 2024

As Pain From Weak Yen Deepens, Japan’s Ex-Currency Chief Kanda Warns of Action

TOKYO (Reuters) – Japan will act appropriately against excess movements on the foreign exchange market, former currency chief Masato Kanda told Reuters, issuing a warning as the country continues to …
Posted on November 13, 2024

As Pain From Weak Yen Deepens, Japan’s Ex-Currency Chief Kanda Warns of Action

TOKYO (Reuters) – Japan will act appropriately against excess movements on the foreign exchange market, former currency chief Masato Kanda told Reuters, issuing a warning as the country continues to …
Posted on November 13, 2024

Japan and UK Ministers to Cooperate in Face of US Tariff Concerns, Nikkei Reports

Japan and UK Ministers to Cooperate in Face of US Tariff Concerns, Nikkei Reports TOKYO (Reuters) – Japan and Britain are planning to establish a framework between their foreign and trade ministers on …
Posted on November 13, 2024

University kids and karaoke may be key to Japan’s Ishiba staying on as PM

The 1.03 million yen tax ceiling discourages part-timers from working towards the year-end. Read more at straitstimes.com.
Posted on November 13, 2024

Japan is ramping up efforts to revive its once dominant chip industry

In addition to trying to establish a dominant chip producer in Japan, subsidies have also been aimed at attracting the global leaders that once took its chip business. With aid from the Japanese …

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