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Tag: Japan

Posted on May 13, 2025

Japan ruling camp officials agree on need for extra budget, Kyodo reports

Senior officials of Japan’s ruling coalition agreed on the need to compile a supplementary budget in autumn to fund a fresh stimulus package, Kyodo news agency reported on Tuesday. Prime Minister …
Posted on May 13, 2025

Japan’s top banks set to report record profits but face tariff stress test

TOKYO — Japan’s top three banks are set to report combined net profit of roughly 3.9 trillion yen ($26.3 billion) for the year ended March, a 25% gain propelled by sales of cross-held shares and the …
Posted on May 12, 2025

Japan’s Panasonic To Cut 10,000 Jobs: Reasons For Layoffs And What’s Next For The Tech Giant

Panasonic Holdings, a Japanese electronics giant, is cutting around 10,000 jobs globally, with 5,000 positions eliminated in Japan and 5,000 overseas. Panasonic’s decision to cut around 10,000 jobs …
Posted on May 12, 2025

Chinese embassy urges citizens in Japan to be careful amid rumors of summer earthquake

The Chinese Embassy in Japan has warned its citizens residing in the country to think twice about buying real estate in Japan after rumors that a major earthquake could take place this summer.

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Posted on May 12, 2025

Yes Bank: 20% acquisition by Japan’s Sumitomo group to be completed by Q2FY26, says CEO

SMBC will buy a 20 per cent stake in Yes Bank. Prashant Kumar, MD & CEO, Yes Bank, told CNBC TV18 that there has been an overhang on the Bank thus far and there was a need for a strategic partner. He …
Posted on May 12, 2025

Economic Buzz: Japan reports Y3.678 trillion current account surplus

Japan saw a current account surplus of 3.678 trillion yen in March, the Ministry of Finance said on Monday – up 6.7 percent on year.
Posted on May 12, 2025

Three Chinese nationals arrested in Japan after thousands of protected hermit crabs found in suitcases

Police on a Japanese holiday island have arrested three Chinese nationals after thousands of protected hermit crabs were found stuffed into multiple suitcases.
Posted on May 11, 2025

Three Chinese nationals arrested in Japan after thousands of protected hermit crabs found smuggled in suitcases

Japanese police have arrested three Chinese nationals in the Amami Islands, near Okinawa, after thousands of protected hermit crabs were found stuffed into multiple suitcases.
Posted on May 11, 2025

‘Treasure hunt’: tourists boost sales at Japan’s Don Quijote stores

Business is booming at Japanese discount chain Don Quijote, which sells everything from nostril-hair wax to compact gadgets and colourful party costumes, thanks to its cult status among tourists but …
Posted on May 10, 2025

Man admitted to Japan’s World Expo with 85-year-old ticket

TOKYO — Eighty-five years after his ticket was first issued for a similar event, a man was allowed to use it at this year’s World Expo in Japan.

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