Home

CDP chief Noda rejects grand coalition with LDP

Former Prime Minister Yoshihiko Noda, leader of the main opposition Constitutional Democratic Party of Japan, on Saturday rejected the idea of forming a grand coalition with the ruling Liberal Democratic Party.
“We want to focus on uniting the power of opposition parties to change the government,”…[Read more]

Biden blocks Japan’s Nippon Steel from buying US Steel

US President Joe Biden has blocked the takeover of US Steel by a bigger Japanese firm, delivering on a political promise despite fears the move could hurt Washington’s relations with Tokyo and scare off other foreign investors.

Biden cited threats to national security in rejecting the Nippon…[Read more]

World’s oldest person dies in Japan aged 116

Tomiko Itooka died on December 29 at a care home in Ashiya, Hyogo prefecture, in central Japan.

Tomiko Itooka, a Japanese woman who was the world’s oldest person according to Guinness World Records, has died at the age of 116.

Yoshitsugu Nagata, an official in charge of elderly policies, said Ito…[Read more]

Japan Govt Eyes Jan. 24 Start of Ordinary Diet Session; Upper House Election Likely to Be Held on July 20

The government and ruling bloc on Thursday began making adjustments to the schedule in order for the ordinary Diet session to convene on Jan. 24, 2025.

Considering the Public Offices Election Law, the start of the campaign period for the…[Read more]

Foreign visitors to Japan top 33 mil in Jan-Nov, breaking annual record

The number of foreign visitors to Japan topped 33 million from January to November, setting a new annual record, driven by a tourism boom and a weak yen, government estimates showed Wednesday.

The total stood at 33,379,900, surpassing the previous full-year high of 31.88…[Read more]

Mount Fuji access fees to be doubled as authorities address overcrowding

Climbers using the most popular trail on Mount Fuji are expected to be slugged with a doubled fee of 4,000 yen from next summer as the Yamanashi prefectural government seeks to tackle overcrowding, a source close to the matter said Thursday.

The prefectural government also…[Read more]

Japan’s Nikkei Stock Average Set for Weekly Decline Despite Weak Yen Tailwind

Japan’s Nikkei share average on Friday was headed for its worst week since early November despite the tailwind of a weaker yen, as weakness on Wall Street and caution ahead of major central bank policy decisions weighed.

The Nikkei rose 0.2% to 38,889.95 at the mid…[Read more]

Honda and Nissan are in merger talks

Honda and Nissan are discussing a possible merger, potentially bringing together two Japanese automaking titans that have recently fallen on hard times.

The companies said in statement that they have been in talks, but they offered no details or timeframe for when a deal – if one should develop – may be com…[Read more]

Japan’s Q3 capex accelerates, firms case for more rate hikes

Japanese corporate spending on plant and equipment accelerated in the third quarter, signalling solid domestic demand was underpinning the country’s fragile economic recovery and strengthening the case for further interest rate hikes.
Capital spending surged 8.1% year-on-year in the…[Read more]

Japan’s factory activity falls at fastest pace in 8 months, PMI shows

Japan’s factory activity shrank at the fastest pace in eight months in November as soft demand prompted firms to trim production, a private-sector survey showed on Monday.
The final au Jibun Bank Japan manufacturing purchasing managers’ index (PMI) slipped to 49.0 in November,…[Read more]

Japan to offer ¥5 billion to four countries in latest OSA military aid tranche

Japan is more than doubling the budget for its military aid program, with the Foreign Ministry earmarking ¥5 billion ($33 million) for this fiscal year, compared with ¥2 billion a year earlier, as Tokyo seeks to strengthen the security and deterrence capabilities of li…[Read more]

Ishiba questioned on political reform, social issues and the economy

In parliamentary questioning Monday, Prime Minister Shigeru Ishiba was grilled over issues ranging from the Liberal Democratic Party’s approach to political reform and his stance on social issues to the content of a supplementary budget.
Ishiba reiterated his skepticism about a…[Read more]

Fund-raisers in Tokyo generated 942 million yen for parties in ’23

Some 108 organizations held 274 political fund-raising parties in Tokyo in 2023, generating 942.21 million yen ($6.1 million) in total, a political fund balance report showed.

The report was released by the Tokyo metropolitan government’s Secretariat to Election Adm…[Read more]

Tokyo inflation likely exceeded BOJ’s 2% target again in November – Reuters poll

Consumer inflation in Tokyo for November likely surpassed the Bank of Japan’s 2 per cent price target following a reduction in fuel subsidies and with an increase in food costs, a Reuters poll showed on Friday.

The core consumer price index (CPI) in Tokyo, a leading…[Read more]

India, Japan Discuss Defense Pact to Boost Military Cooperation, Tech Ties

The proposed pact was discussed at a meeting between Defence Minister Rajnath Singh and his Japanese counterpart Gen Nakatani that took place on the sidelines of a regional security conclave in Vientiane, the capital city of Laos.

India and Japan on Friday deliberated on…[Read more]

China to allow 30-day visa exemption for Japan visitors from Nov. 30

China said Friday it will restart its unilateral visa-free arrangement for short-term Japanese visitors on Nov. 30, allowing stays of up to 30 days, a measure believed to be aimed at promoting tourism and trade amid a downturn in the world’s second-largest economy.

The…[Read more]

World’s first wooden satellite, developed in Japan, heads to space

The world’s first wooden satellite, built by Japanese researchers, was launched into space on Tuesday, in an early test of using timber in lunar and Mars exploration.

LignoSat, developed by Kyoto University and homebuilder Sumitomo Forestry, will be flown to the International Spa…[Read more]

Britain remains on board next-generation fighter jet plan with Japan, Italy

The British government has decided to remain on board a joint fighter jet development program with Japan and Italy following a review of defense expenditure, amid speculation the plan could be axed, a source close to the matter said Saturday.

The Labour government under…[Read more]

Japan plans automated cargo transport system to relieve shortage of drivers and cut emissions

Japan is planning to build an automated cargo transport corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for a shortage of truck drivers.

The amount of funding for the project is not yet set. But it’s seen…[Read more]

How Japan’s youngest CEO transformed Hello Kitty

Hello Kitty, arguably Japan’s best loved creation, is celebrating her 50th anniversary.

But all has not always been well at Sanrio, the Japanese company behind the character. The business has been on a spectacular journey of financial peaks and valleys.

Hello Kitty has been ranked the…[Read more]