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News
April-June Net Profit Surges at Japan's 5 Major Brokers
1+ hour, 56+ min ago (141+ words) Tokyo, Aug. 4 (Jiji Press)--Five major Japanese securities companies enjoyed sharp year-on-year growth in their consolidated net profits for April-June, according to their data released recently. Commission revenue expanded thanks to robust bond trading amid rising interest rates as well…...
Japan Likely Bought 5 T. Yen in Forex Intervention Fri.
2+ hour, 17+ min ago (500+ words) Tokyo, Aug. 4 (Jiji Press)--Japanese authorities are believed to have bought around 5 trillion yen in a coordinated foreign exchange market intervention with the United States to prop up the Japanese currency Friday, according to market sources. The forecast is based…...
LDP's Fukuoka Assembly Group Head to Quit after Post-Quake Party
12+ hour, 54+ min ago (168+ words) Fukuoka, Aug. 3 (Jiji Press)--The head of the group of Liberal Democratic Party members in the prefectural assembly of Fukuoka in southwestern Japan on Monday expressed his intention to resign amid criticism over a fundraising party held soon after a…...
Kumamoto Town Starts Accepting Disaster Waste after Earthquake
17+ hour, 30+ min ago (563+ words) Hikawa, Kumamoto Pref., Aug. 3 (Jiji Press)--Authorities in Hikawa, a town in Kumamoto Prefecture, on Monday started accepting disaster waste, following a massive earthquake that struck the southwestern Japan prefecture on Tuesday. Residents formed a long line of cars to…...
LDP Members Worry about 2-Yr Tax Cut's Impact on 2028 Poll
18+ hour, 14+ min ago (225+ words) Tokyo, Aug. 3 (Jiji Press)--Liberal Democratic Party members are concerned that Japanese Prime Minister Sanae Takaichi's plan to cut the consumption tax rate on food could negatively affect the ruling party's performance in the 2028 House of Councillors election. Under the…...
BYD Entry Tests Japan's Electric Minivehicle Market
17+ hour, 11+ min ago (600+ words) Tokyo, Aug. 3 (Jiji Press)--BYD Co.'s entry is set to intensify competition into Japan's electric minivehicle market, still a niche in the country's passenger-vehicle segment. The Chinese electric vehicle giant last week launched the Racco in Japan, becoming the…...
Vietnamese Man Hints at Murdering Aged Woman near Tokyo
17+ hour, 19+ min ago (143+ words) Saitama, Aug. 3 (Jiji Press)--A Vietnamese national in his 30s has made a statement suggesting he killed a 91-year-old woman of Iruma, Saitama Prefecture, near Tokyo, according to investigative sources. Acting on the man's statement, the Saitama prefectural police searched a…...
Japan Mulls EPA with Ecuador
15+ hour, 38+ min ago (126+ words) Tokyo, Aug. 3 (Jiji Press)--The Japanese government is considering concluding an economic partnership agreement with Ecuador, officials said Monday. Japan expects an EPA with Ecuador, rich in crude oil and natural gas, to help strengthen supply chains as the war…...
Major Japanese Airlines See Profits Fall for April-June
14+ hour, 5+ min ago (168+ words) Tokyo, Aug. 3 (Jiji Press)--Japan’s two major air carriers saw their profits fall for April-June amid soaring aviation fuel prices due to tensions in the Middle East, although both posted record-high sales, according to their latest earnings reports. ANA Holdings…...
LDP Virtually Approves Consumption Tax Cut on Food
15+ hour, 1+ min ago (155+ words) Tokyo, Aug. 3 (Jiji Press)--Japan's ruling Liberal Democratic Party on Monday virtually approved Prime Minister Sanae Takaichi's plan to lower the consumption tax rate on food from 8 pct to 1 pct for two years from next April. The LDP's tax system…...