Fri, Mar 29, 2024
Japan's jobless rate in February rose to 2.6% from 2.4% in the previous month, government data showed on Friday. The seasonally adjusted unemployment rate compared with economists' median forecast of 2.4%.
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Mon, Mar 25, 2024
The yen is the lowest-yielding G10 currency, making it ideal for carry trades, in which an investor borrows in a currency with low interest rates and invests the proceeds in a higher-yielding currency.
Fri, Mar 22, 2024
Honda takes another stride forward with the introduction of its acclaimed SUV Elevate to Japanese consumers. This move marks the first instance of Honda exporting a model from India to Japan, underscoring the company's commitment to delivering quality products worldwide.
Wed, Dec 20, 2023
The government's efforts to regain Japan's faded chip glory include financial support for Rapidus, which is led by chip industry veterans and aims to mass manufacture 2-nanometre logic chips.
Toshiba has begun moving already, teaming up with Rohm to invest $2.7 billion in manufacturing facilities to jointly produce power chips.
Tue, Dec 19, 2023
Nucor, the largest U.S. steelmaker, offered to acquire U.S. Steel in partnership with another company, one of the sources said.
Mon, Dec 11, 2023
The scandal could stir up a power struggle inside the party that could influence the outcome of the leadership contest and the party's management.
Tue, Dec 05, 2023
Japan's economy is facing headwinds, with high inflation taking a toll on household spending and slowing global demand, including in China, adding pressure on manufacturers.
Wed, Nov 29, 2023
The space agency learned of the possibility of the unauthorised access after receiving information from an external organisation and conducting an internal investigation, the spokesperson said, declining to identify the organisation's name.
Tue, Nov 28, 2023
The JCM, which brings together labour unions in metal industries representing 2 million workers, will make its final decision on the level of base pay hikes on December 6, the official said.
Thu, Nov 23, 2023
Japan's third-biggest automaker said in September that one of two new EV models it had already confirmed for Europe would be manufactured at the Sunderland plant.
Tue, Nov 21, 2023
Half of the funds pledged would come from private financing, which could be commercial loans carrying market rates, equity investment or other debt instruments.
The cedar fire - which Shizuoka claims is the world's only wood-fueled blaze beneath a whisky still - is one of several novelties these distilleries are using to set themselves apart.
At $7.1 billion, the fund is Bain Capital's biggest to date for Asia and also the region's largest private equity fund raised this year, according to Preqin data.
Mon, Nov 20, 2023
OECD data shows average wages have barely risen in Japan for about past 30 years as chronic deflation and prospects of prolonged low growth discouraged firms from raising pay.
Chinese blue chips dipped 0.2 per cent as the country's central bank held rates steady as widely expected but set a firm fix for the yuan that saw the dollar slip under 7.2000 to a three-month low.
The internal memo dated Sunday from Goldman CEO David Solomon said Mochida will become a senior director, without mentioning who would succeed his role as president.
Wed, Nov 15, 2023
Consumption was flat in July-September after sliding 0.9 per cent in the previous quarter, falling short of economists' median estimate for 0.2 per cent growth.
Thu, Nov 09, 2023
The company is targeting territory dominated by big players including Taiwan's TSMC and South Korea's Samsung Electronics, which have spent years building up their chipmaking operations.
Mon, Nov 06, 2023
The company will buy back up to 1.2 per cent of its shares worth 75 billion yen, it added on Monday.
Wed, Nov 01, 2023
The latest guidance compares with a mean profit estimate of 399 billion yen in a poll of 11 analysts by LSEG and a profit of 694 billion yen last year.
The Chinese survey echoed a downbeat official PMI reading on Tuesday, which also showed an unexpected contraction in activity, casting doubt over recent hopes of a recovery in the world's second-largest economy.
Tue, Oct 31, 2023
Industrial output rose 0.2 per cent in September from the previous month, data from the Ministry of Economy, Trade and Industry (METI) showed on Tuesday.
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