Society

Japan makes 1st upgrade on economy since December

Jun 22 (marketwatch.com) - The Japanese government on Thursday upgraded its assessment of the economy in its monthly report for the first time since December.

The Cabinet Office said in its June report that the economy is on a path of "moderate recovery." That is the same language used previously, but the Cabinet Office upgraded its assessment by omitting a cautionary clause that had appeared in May. The cautionary clause had said some parts of the economy were suffering from "delayed improvement."

It was the first upgrade since December 2016, when a reference to "weakness" in the economy was removed.

The latest report said the economy continued to grow thanks in part to increased consumer spending and capital investment.

Japan recorded annualized growth of 1.0% in the January-March quarter. It was the fifth straight quarter of growth, the longest stretch in 11 years.

Toyota Advances Hydrogen Tech With Hybrid Engine Development

Hydrogen, anticipated as the next-generation automotive fuel, is seeing accelerated efforts for its real-world implementation. Toyota Motor Corporation unveiled its first hybrid vehicle that combines a hydrogen-powered engine and an electric motor, announcing plans to conduct on-road tests starting next spring.

Hyogo Governor Secures Re-Election

Former Hyogo Governor Motohiko Saito has secured re-election following the gubernatorial election triggered by his resignation.

Teachers in Japan Demand Better Pay and Conditions

Education groups in Japan representing 23 organizations issued an urgent statement criticizing a proposal from the Ministry of Finance to gradually raise the 'teaching adjustment allowance' to 10% as part of work reform measures. The proposal was deemed 'unrealistic,' sparking opposition from educators.

Ferrari Auctioned for Over 170 Million Yen, Sets New Record

A Ferrari seized from a tax delinquent was auctioned by the Tokyo Regional Taxation Bureau, fetching over 170 million yen, the highest bid ever recorded for such an auction.

Zao’s Snow Monsters Face Extinction

Zao’s iconic snow monsters, the frost-covered trees known as 'juhyo,' face an existential threat. These towering, snow-laden trees have long been a winter highlight in the region, famously resembling monstrous figures covered in snow. However, their survival is now under severe threat.

MEDIA CHANNELS

MORE Society NEWS

British Man Arrested for Swapping Cash with Counterfeit Money in Gold Deal Scam

A British man has been arrested on suspicion of swapping genuine cash for counterfeit money in a gold trade scam, stealing 13 million yen from a business partner, Tokyo police revealed.

Why are there millions of empty houses in Japan?

In Japan, the number of abandoned homes - known as Akiyas - is at an all-time high, with 9,000,000 million properties sitting empty on city streets and turning rural communities into ghost towns. (BBC World Service)

Japan finally fights back

Nuisance streamers and content creators have been using Japan as a background for their social media feeds for awhile now. But now the Japanese are finally getting fed up and actually going after them over their disruptions. (Decoy Voice)

Miyazaki Hayao receives Magsaysay Award, known as Asia's Nobel Prize

This year's Ramon Magsaysay Award has been granted to Japanese animation master Miyazaki Hayao. The award, known as "Asia's Nobel Prize," is annually given to individuals and organizations who have contributed to peace and development in Asia. (NHK)

Japan's Imperial Family members bid farewell to late Princess Mikasa

A series of farewell rites and events has begun for Japan's Princess Mikasa, who passed away on Friday. She was the widow of Prince Mikasa, a younger brother of the late Emperor Showa. (NHK)

Princess Mikasa passes away at 101

Japan's Princess Mikasa, whose given name is Yuriko, passed away at the age of 101. The princess was the widow of Prince Mikasa, a younger brother of the late Emperor Showa. (NHK)

A Day in TOKYO in 1975 | 昭和東京

An hour long documentary looking at the life of the Sugiura family, fish merchants and caterers living in Tokyo. Producer, director, John Nathan Explores the professional and personal lives of a Japanese family, Takes a look at the everyday life of a Japanese family living in Tokyo. (TRNGL)

More Elderly Living Alone in Japan

The number of single-person households in Japan is expected to surpass 40% by 2050, according to recent projections.

< 2 3 4 5 >