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Tag: Japan

Posted on February 20, 2024

Dollar keeps a grip on 150 yen, China cut leaves yuan unruffled

The dollar traded above 150 yen for a sixth day on Tuesday, as investors grew less certain Japan’s era of ultra-low rates will end any time soon given the country is in recession, while the yuan …
Posted on February 20, 2024

Founder of Japanese dollar-store chain Daiso dies; he was 80

Hirotake Yano, who founded the 100-yen retail chain Daiso, Japan’s equivalent of the dollar store, has died. He was 80. The company said Yano died Feb. 12 of heart failure in Hiroshima. Yano founded …
Posted on February 20, 2024

Dollar keeps a grip on 150, yuan shrugs off China rate cut

The dollar rose on Tuesday, trading above 150 yen for a sixth day, as investors grew less certain Japan’s era of ultra-low rates will end any time soon given the country is in recession, while the …
Posted on February 20, 2024

Founder of Daiso, Japan’s dollar-store chain, dies; he was 80

A commemorative event is in the works, but details were still undecided, said Daiso, based in the southwestern city of Hiroshima.“We deeply appreciate all your kindness to him,” it said.___Yuri Kageya …
Posted on February 20, 2024

Japan-North Korea women’s Olympic soccer qualifier moved to Saudi Arabia

The first of two home-and-away Olympic qualifying matches in women’s soccer between Japan and North Korea has been moved from North Korea to Jeddah, Saudi Arabia, the Asian Football Confederation has …
Posted on February 20, 2024

Japan’s millennia-old ‘naked man festival’ ending because of population decline

Somin-sai festival, better known as “naked man festival,” held for the last time, becoming latest Japanese tradition to fall victim to aging population crisis.
Posted on February 20, 2024

Hirotake Yano, Japanese billionaire founder of 100-yen chain Daiso, dies at 80

Hirotake Yano, the Japanese billionaire founder of Daiso Industries who helped popularize the discounted dollar-shop concept, has died of heart failure.
Posted on February 20, 2024

India’s Zee Entertainment seeks to revive $10 billion merger with Sony, ET reports

India’s Zee Entertainment is making a final attempt to restart discussions with Japan’s Sony Group to revive their $10 billion merger deal which was scrapped on Jan. 22, Indian business daily Economic …
Posted on February 20, 2024

Aging population ends ‘Naked Men’ festival in Japan’s Iwate prefecture after a millennium

After over a thousand years of tradition, the iconic “Naked Men” festival in Japan’s Iwate prefecture has come to an end mainly due to an aging population and dwindling participation. End of tradition …
Posted on February 20, 2024

‘Ruining my career’: calls grow for Japan to change law on married surnames

Japan is the only country in the world that requires spouses to use the same name, but after decades of inaction, appetite for change is building …

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