TOKYO, Dec 10 (News On Japan) - The Cabinet Office announced the revised GDP figures for the July-September period of 2024, showing a 0.3% increase in real terms compared to the previous three months. On an annualized basis, the growth rate was adjusted upward to 1.2%, from the initial estimate of 0.9%.
The revision reflects updated data, including a stronger-than-expected rise in exports.
Source: テレ東BIZ
Concern about the growing use of cannabis in Japan, particularly among young people, has prompted new legislation banning the use of cannabis, starting from December 12th.
Uber's Japanese subsidiary announced on December 11th the launch of 'Uber Teens,' a ride-hailing service designed for teenagers aged 13 to 17.
Mitsubishi Electric has revealed the new HTV-X unmanned supply vehicle, designed to transport goods to the International Space Station (ISS).
This year’s Global Power City Index was released, revealing that Tokyo has maintained its position as the third-ranked city worldwide for nine consecutive years. Factors such as the increase in foreign visitors to Japan contributed to narrowing the gap between Tokyo and second-ranked New York.
Japan's problem-solving skills have been ranked the best in the world according to an international survey assessing skills needed in daily life.
Local media in the United States reported that President Joe Biden plans to block Nippon Steel's acquisition of US Steel, citing national security concerns. Following this report, Nippon Steel announced that it would provide a one-time bonus to US Steel employees if the acquisition is completed.
Nippon Life Insurance says it will acquire Resolution Life Group Holdings for 8.2 billion dollars. It's the largest takeover by a Japanese insurer. Bermuda-based Resolution runs insurance businesses globally, including the US, Europe and Australia. (NHK)
The company operating the major medical hair removal chain Alicia Clinic has been declared bankrupt by the court.
The Cabinet Office announced the revised GDP figures for the July-September period of 2024, showing a 0.3% increase in real terms compared to the previous three months. On an annualized basis, the growth rate was adjusted upward to 1.2%, from the initial estimate of 0.9%.
A luxury real estate expo, one of the largest in Asia, has begun in Shanghai, drawing significant attention to Japanese properties such as tower apartments from wealthy buyers.
Last week, the Nikkei Stock Average extended its gains for four consecutive days from the start of the week, briefly surpassing the 39,600-yen mark, demonstrating steady progress.
Winter bonuses in Japan this year are largely unchanged from last year, with a growing number of companies reporting no increase in average payouts.
Thousands of users of the popular messaging app LINE experienced a privacy breach, with private photos saved in the app’s album feature being inadvertently displayed to strangers. Approximately 135,000 people were affected by the incident.
