News On Japan

Harris opposes sale of U.S. Steel to Japan's Nippon Steel

Sep 03 (Kyodo) - U.S. Vice President Kamala Harris said Monday she is against the planned acquisition of United States Steel Corp. by Japan's largest steelmaker, promising to build an economy that is good for working-class people, as her race for the White House against Donald Trump heads into the final stretch.

Regarding Nippon Steel Corp.'s plan, Harris, the Democratic Party's presidential nominee, said at a Labor Day campaign rally in Pittsburgh that the U.S. producer should remain domestically owned and operated.

Harris, hoping to shore up support from blue-collar workers, attended the event with President Joe Biden, who abandoned his bid for a second term in July. While vowing to further strengthen the country's manufacturing sector, she called U.S. Steel a "historic company." ...continue reading

News On Japan
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A scorching late summer heatwave gripped Tokyo over the long weekend, coinciding with the Asakusa Samba Carnival, where dancers twirled through intense heat.

Japanese government data show the number of senior citizens in the country and the size of its elderly working population have both hit all-time highs. (NHK)

The Tokyo Metropolitan Government has announced plans to construct a 150-meter-high, 250-meter-wide fountain in Odaiba Seaside Park, inspired by the Somei Yoshino, the city's official flower.

Farmers in Japan's rice-producing regions have started harvesting and shipping this year's crop, helping to ease a nationwide shortage. (NHK)

In this year's Ig Nobels, Japanese researchers have won an award for discovering that mammals can breathe through their anuses, opening a new pathway for ventilators.

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There are approximately 2 million visually impaired individuals in Japan and 300 million worldwide. Due to their impaired vision, going out often comes with the risk of accidents. In response to this issue, Honda's first startup Asirase, led by CEO Chino, developed a navigation device called 'Ashirase' to assist visually impaired individuals in walking safely.

Japanese food businesses are intensifying their expansion efforts in China, where consumption has stagnated due to rising food prices. We investigate the factors driving these Japanese companies to accelerate their operations in the Chinese market.

Pan Pacific International Holdings, the operator of Don Quijote, has announced its entry into the low-cost SIM card market. The company will offer plans starting at 770 yen per month for 3GB, using NTT Docomo’s network.

Ricoh announced on September 12th that it will reduce its workforce by approximately 2,000 employees globally by March 2025. With the market for office equipment shrinking due to the advancement of digitalization, the company plans to restructure its overseas sales and service operations while focusing its management resources on supporting digital transformation (DX).

A Bank of Japan policy board member has signaled that the central bank should raise its short-term interest rate to at least around one percent in stages for price stability. (NHK)

Hair salon bankruptcies in Japan are on the rise, with 139 cases recorded between January and August 2024, a significant increase from previous years. Factors such as rising competition, material costs, and labor expenses are contributing to this surge. Despite these challenges, some salons are finding ways to thrive by adopting cost-effective strategies.

Foreign influencers are sparking fierce competition as they quickly sell Japanese gold jewelry using nothing more than a smartphone.

The announcement of the iPhone 16 has sent sellers flocking to the second-hand iPhone market in Japan, with iPhones 12 and 13 going for less than half the price of a new model.