Japan business failures log first drop in 29 months in August
The number of corporate bankruptcies with debts of at least ¥10 million in Japan in August dropped 4.8% from a year earlier to 723, down for the first time in …
Japanese economy
Japanese companies mark record combined profits in April-June
Japanese nonfinancial companies’ combined ordinary profits in April-June grew 13.2% from a year before to ¥35,768 billion, a record high since comparable data became available in April-June 1954, the Finance …
China warns Japan of retaliation over potential new chip curbs
China has threatened severe economic retaliation against Japan if Tokyo further restricts sales and servicing of chipmaking equipment to Chinese firms, complicating U.S.-led efforts to cut the world’s second-largest economy …
Nikkei surges on back of strong U.S. economic data
Tokyo’s key Nikkei index surged on Friday to cap a strong week on the back of strong U.S. economic data and a weaker yen against the dollar. The 225-issue Nikkei …
Japan to revise consumption tax exemption for overseas tourists
Japan is considering revising the consumption tax exemption system for visitors from abroad to prevent goods bought tax-free from being resold within the country. The government and the Liberal Democratic …
Japan’s exports rise for seventh month, supporting growth
Japan’s exports grew for a seventh consecutive month in June, supporting the view that in the second quarter the economy will recover from the preceding three months’ contraction. Exports gained …
Japan’s Nikkei marks record closing high as chip-related shares rally
Japan’s 225-issue Nikkei average rose to a record close on Tuesday, with chip-related stocks following their U.S. peers higher as investors awaited testimony from Federal Reserve Chair Jerome Powell for …
Japan inflation spurs record shift to household assets in stocks
Japan’s persistent inflation appears to have convinced a growing number of households to reconsider a decades-long tendency to keep the bulk of their assets in cash, central bank data indicate. …
Japan corporate bankruptcies surge above 1,000 in May
The number of corporate bankruptcies in Japan surged 42.9% from a year earlier to 1,009 in May, credit research firm Tokyo Shoko Research said on Monday. The monthly number exceeded …
LDP’s Motegi calls for fully opening up ride-hailing market
Nagasaki – Toshimitsu Motegi, secretary-general of Japan’s ruling Liberal Democratic Party, on Sunday called for fully opening up the ride-hailing market, including allowing information technology firms to operate ride-hailing services. …