News On Japan
Business | 3

This year's bottles of Beaujolais Nouveau have hit store shelves across Japan. And in some more good news for wine drinkers, many retailers and importers have kept prices unchanged despite the weak yen. (NHK)

Japanese semiconductor maker Kioxia Holdings is expected to be listed on the Tokyo Stock Exchange next month after years of postponement. (NHK)

The iconic Osaka Marubiru in Umeda, closed last year due to aging, will be replaced with a new 192-meter skyscraper, the tallest in the Osaka Station area.

The average price for a newly built condominium in Tokyo’s 23 wards has remained above 100 million yen for six consecutive months.

The average transaction price of newly harvested rice between agricultural cooperatives and wholesalers reached a record high for the second consecutive month in October. The price of unpolished rice was 23,820 yen per 60 kilograms.

NVIDIA has thrown its weight behind Sakana AI, a Tokyo-based startup rapidly gaining traction in the booming generative AI field. Since ChatGPT's debut in November 2022, industry giants like Google and Meta have entered the fray, intensifying the competitive landscape.

Bank of Japan Governor Ueda Kazuo says the BOJ makes decisions on interest rates by carefully assessing all risk factors at each monetary policy meeting. (NHK)

Nissan has announced a major restructuring plan involving the elimination of 9,000 jobs worldwide, triggered by worsening business performance.