News On Japan

Nikkei briefly hits post-bubble high

TOKYO, Jan 09 (News On Japan) - The Nikkei Stock Average surged 600 points during trading Tuesday morning to reach its highest level since March 1990.

Right from the outset of trading, buy orders spread across a wide range of stocks, including semiconductors. The morning session ended 481 yen higher than last Friday's close.

Source: TBS NEWS

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This year, the number of foreign residents in Japan surpassed 3.5 million, marking a record high. In Tokyo’s "Little India," there may be clues on how to build a harmonious coexistence.

Influenza infections in Tokyo have reached alarm levels for the first time in six years. As the virus spreads, restaurants and hotels are struggling with a surge in last-minute cancellations during their peak earning season.

Prime Minister Ishiba, who plans to move into the official residence as early as December 28th, addressed rumors that the residence is haunted, stating, "I'm from the Oba-Q generation, so I'm not afraid."

Chisako Kakehi, 78, who was on death row for poisoning three men with cyanide compounds, has died while in custody, according to reports. Authorities believe she may have died of natural causes.

With only a week left until the New Year, people are preparing for "hatsumode," the tradition of visiting a shrine or temple for the first time in the year. However, the first three days of January see heavy crowds at popular spots. Strategic planning around timing and location can help avoid congestion and make for a quieter visit.

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The man who led the Japanese automaker Suzuki Motor for more than 40 years as president and chairman has died. Suzuki Osamu was 94 years old. (NHK)

The Ministry of Health, Labour and Welfare announced finalized data from its Monthly Labour Survey, revealing that real wages, adjusted for inflation, decreased by 0.4% in October compared to the same month last year. This marks the third consecutive month of decline.

The individual-type defined contribution pension system, known as iDeCo, which offers tax-saving benefits, has sparked controversy online, with the phrase "iDeCo reform" trending on social media.

Former Nissan Motor Chairman Carlos Ghosn says if Nissan and Honda Motor integrate their businesses, the outcome would not be successful. (NHK)

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The number of aesthetic clinics in Japan, offering services like skin enhancement, has surged by 40% over the past three years. A growing trend, known as 'Chokubi,' involves newly trained doctors immediately joining aesthetic clinics after completing their clinical internships.

Carlos Ghosn, the ex-chairman of Nissan, speaks to Bloomberg's Manus Cranny about the Japanese automaker's potential deal with Honda. He also comments on China's dominance of the electric vehicle market and what auto CEOs are thinking about trade during Donald Trump's second presidency. Ghosn is currently suing Nissan for defamation after his arrest in Japan in November 2018 and charges of financial misconduct, which he denies. (Bloomberg)