economybusiness
Tokyo stocks were higher Thursday morning, as semiconductor-related shares got a boost from U.S. chip giant Nvidia Corp.'s robust earnings report, while concerns over higher borrowing costs weighed on the upside. The 225-issue Nikkei Stock Average rose 296.38 points, or 0.77 percent, from Wednesday to 38,913.48. The broader Topix index was up 10.13 points, or 0.37 percent, at 2,747.49. The U.S. dollar was firm in the upper 156 yen range in Tokyo on expectations that U.S. interest rates will remain high after the minutes of the last Federal Reserve policy meeting showed central bank officials w...
Kyodo News
Japan's monthly average real, or inflation-adjusted, wages fell 2.2 percent in the last fiscal year to March, declining for the second straight year as inflation outpaced wage growth, the government said Thursday. The decline follows a 1.8 percent decrease in fiscal 2022 and marks the largest drop since fiscal 2014 when real wages fell by 2.9 percent due to a consumption tax hike, according to the revised data released by the Ministry of Health, Labor and Welfare. Real wage growth has not kept up with rising prices caused by higher raw material costs and a weak yen which lifted the value of im...
Kyodo News
Tokyo stocks were mixed in early trading Thursday with technology stocks climbing following U.S. chipmaker Nvidia Corp.'s robust earnings, but some caution prevailed after the latest Federal Reserve minutes suggested interest rates could remain high for longer. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 27.05 points, or 0.07 percent, from Wednesday to 38,644.15. The broader Topix index was down 11.98 points, or 0.44 percent, at 2,725.38. On the top-tier Prime Market, gainers were led by precision instrument and electric appliance issues, while oil and coal prod...
Kyodo News
International flight passengers at Tokyo's Haneda airport totaled a record high of 19.1 million in fiscal 2023, government data showed Wednesday, with an increase in inbound tourist traffic following the relaxation of COVID-19 border measures contributing to the growth. The figure marked a 2.8-fold increase from the previous fiscal year, topping the previous record of 18.2 million set in fiscal 2018, according to the transport ministry's East Japan Civil Aviation Bureau. Meanwhile, domestic flights at the airport rose around 16 percent in fiscal 2023 to 61.8 million, the bureau said. Located a...
Kyodo News
China said Wednesday it has imposed sanctions on 12 U.S. companies and their 10 executives in response to American arms sales to Taiwan, announcing its measures against Washington for the third straight day following the inauguration of the island's new leader. The 12 firms include units of Lockheed Martin Corp. and Raytheon Co. The measures include freezing their assets in China and banning their senior executives from entering the Asian country, according to the Chinese Foreign Ministry. On Tuesday, Beijing banned former U.S. lawmaker Mike Gallagher from entry into China and froze his domest...
Kyodo News
Japan's Norinchukin Bank said Wednesday it is considering a capital increase worth 1.2 trillion yen ($7.7 billion) as it seeks to bolster its financial health amid massive unrealized losses from its overseas bonds holdings. Norinchukin, which was set up by cooperatives for farmers and fishers and is one of the largest banks in Japan, is in talks with its stakeholders over the possible measure as it expects a net loss of about 500 billion yen for the year ending March next year. The projected loss will be its largest since fiscal 2008 when it posted a net loss of 572.1 billion yen in the wake o...
Kyodo News
Japanese Foreign Minister Yoko Kamikawa and her Thai counterpart Maris Sangiampongsa agreed Wednesday that the two nations will strengthen bilateral business ties and work together in other fields, the Foreign Ministry said. During their talks in Tokyo, Kamikawa was quoted by her ministry as telling Maris that Japan hopes to speed up negotiations toward an early conclusion of a bilateral social security deal aimed at improving business conditions for those moving between Japan and Thailand. The deal is intended to aggregate the social security coverage for individuals who live or work between ...
Kyodo News
Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk Yeol are certain to agree in talks later this month to deepen cooperation to tackle security threats from North Korea, diplomatic sources said Wednesday. Kishida and Yoon, who are expected to meet in Seoul on Sunday on the sidelines of a trilateral summit involving Japan, South Korea and China, are also likely to affirm the need to bolster their security ties with the United States, the sources said. The two leaders, having last met in the United States in November, are making arrangements to hold in-person talks amid im...
Kyodo News
Two Chinese men have been arrested for allegedly stealing 999 pairs of branded sneakers worth 18 million yen ($115,000) from a warehouse in Tokyo earlier this year, police said Wednesday. Most of the stolen sneakers have been shipped to China, apparently for sale, the police said. Xin Yannan, a 28-year-old executive of a shoe sales company, and Shao Mingzhi, a 41-year-old transportation worker, both deny the allegation. The two were arrested Monday on suspicion of conspiring to break into the warehouse and steal the sneakers on Jan. 5 and 6. The warehouse is managed by another shoe sales compa...
Kyodo News
Most of the passengers onboard a Singapore Airlines flight that was hit by severe turbulence resulting in a passenger's death arrived in Singapore on Wednesday from Bangkok, where the plane had made an emergency landing the previous day. A relief plane operated by the airline flew 131 passengers and 12 crew members to Singapore's Changi Airport in the morning, the airline said in a statement. Dozens of people had also been injured when turbulence hit flight SQ321 en route to the city-state from London. Another 79 passengers and six crew members remained in Bangkok for medical care or to look a...
Kyodo News
閲覧を続けるには、ノアドット株式会社が「プライバシーポリシー」に定める「アクセスデータ」を取得することを含む「nor.利用規約」に同意する必要があります。
「これは何?」という方はこちら