Nov 15 (Uncover With Dawn) - Japan, the fourth-largest economy in the world, plays roulette with both its economy and environment. There is an ongoing housing crisis, with a larger-than-economic impact. The potential danger of moving into bigger cities is easily ignored by the government. Instead of solving the problem, they expand the cities, but at what cost?
A newly decorated train promoting tourism along the Kintetsu Railway line began operations on February 25th, aiming to attract visitors from the Osaka-Kansai Expo to Nara.
A growing number of young people from China are traveling to Japan to take university entrance exams, drawn by the lower costs, perceived ease of admission, and better safety compared to their home country.
The leaders of the Liberal Democratic Party (LDP), Komeito, and Nippon Ishin no Kai met on February 25th at the National Diet to discuss key policy initiatives.
A demonstration demanding the abolition of the consumption tax and the restructuring of the Finance Ministry took place in front of the ministry’s headquarters in Tokyo’s Kasumigaseki district on February 24th. The scene at around 5 p.m. was markedly different from the usual atmosphere.
A strong cold air mass has swept into southern Kyushu due to a winter pressure system, bringing snowfall to Sakurajima in Kagoshima, even as March approaches.
As March approaches, while some regions in Japan struggle with heavy snowfall, foreign tourists continue to arrive in search of the country’s renowned winter sports experience.
In 2024, Japanese companies engaged in a record 4,700 mergers and acquisitions (M&A), marking a new high. Kyodo News economic editor Satoshi Matsuo explains the factors behind this surge. M&A has become a key strategy for Japanese businesses facing a wave of retirements and business closures. While some acquisitions aim to expand overseas, others focus on ensuring business continuity in Japan’s rapidly aging economy.
US prominent investor Warren Buffett has written that he is looking to increase his company's holdings in Japan's five largest trading houses in his annual letter to shareholders. (NHK)
Vision Megane, widely known for its catchy commercial jingles, faced a major crisis in 2013 when it applied for civil rehabilitation, effectively declaring bankruptcy. Surprisingly, the man who led the company’s revival was none other than a CEO chosen through an amidakuji (lottery-style drawing).
Socks from a leading manufacturer in Nara Prefecture, Japan’s top producer, have been chosen for the official uniforms of staff at the Osaka-Kansai Expo. On February 21st, 10,000 pairs were shipped to Osaka.
Japan's nationwide Consumer Price Index (CPI) rose 3.2% in January compared to the previous year, marking the highest increase in a year and seven months, according to the Ministry of Internal Affairs and Communications.
The wholesale price of rice in Japan continues to climb, with the Ministry of Agriculture, Forestry, and Fisheries announcing on February 19th that the average price for rice traded in January under the 2024 harvest reached 25,927 yen per 60 kilograms of brown rice.
SBI Shinsei Bank will double the interest rate on savings accounts for individuals aged 60 and older starting in April.
