- July 18th, 2025
Japan witnessed a significant economic milestone in 2024 as its exports surged to a record high, helping to cut the country's annual trade deficit by an impressive 44% compared to the previous year. According to the Finance Ministry’s latest report...
Japan-U.S. relations, Japanese Foreign Minister Takeshi Iwaya and U.S. Secretary of State Marco Rubio committed to elevating their bilateral ties during their first official meeting. This meeting, held shortly after Rubio’s appointment, marks a pivotal moment in the diplomatic relations...
Bank of Japan (BOJ) Governor Kazuo Ueda is expected to announce a significant interest rate hike on Friday, marking the highest level since 2008. This decision comes as global financial markets exhibit stability in response to the return of U.S....
In Japan’s traditionally conservative retail sector, employers are offering substantial pay increases for a second consecutive year. This trend, driven by a combination of economic pressures and demographic challenges, is reshaping the labor landscape, with profound implications for businesses, workers,...
Japan's growing sensitivity towards foreign acquisitions, Economy Minister Ryosei Akazawa declared on Wednesday that a potential takeover of retail giant Seven & i Holdings Co. by foreign entities could pose serious national security risks. The company, widely recognized for its...
The Japanese chemical industry, Taiyo Holdings Co. is reportedly exploring a potential merger with its larger counterpart, DIC Corp., in a move that could reshape the landscape of the sector. Sources familiar with the matter have revealed that the two...
On the ongoing realignment of Japan’s corporate landscape, Paloma Rheem Holdings, a relatively obscure maker of oven ranges and water heaters, has emerged as the latest contender to acquire Fujitsu General Ltd. The deal, valued at up to ¥257 billion...
On the Korean Peninsula, North Korea fired an intermediate-range ballistic missile (IRBM) on Monday, coinciding with US Secretary of State Antony Blinken's visit to Seoul. The launch, which sent the missile flying over 1,100 kilometers east before it splashed down...
UBS Group AG, the Swiss multinational investment bank, has made a significant move to enhance its presence in Japan's lucrative market for high-yield structured investments and tailored derivative products. In a strategic hiring spree, UBS's Tokyo brokerage arm has recruited...
Dai-ichi Life Insurance Co. has reported a significant financial setback, incurring a loss of approximately ¥140 billion ($890 million) after selling off a substantial portion of its long-maturity bond holdings. This strategic decision was made to better position the company...
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