Tokyo stocks rebounded on August 20, with the Nikkei 225 closing at 66,216.79, up 890.37 points, or 1.36%, as gains in U.S. equities, a sharp rally in South Korean semiconductor shares and easing global bond-market stress encouraged investors to buy back Japanese shares after two days of heavy selling.
Japan's labor ministry will revise its guidance on overtime from September 1, moving away from a uniform recommendation that workplaces keep overtime within 45 hours a month and placing greater emphasis on whether employers have adequate measures in place to protect workers' health.
Whistleblowers who expose suspected wrongdoing at companies and other organizations in Japan are increasingly finding themselves targeted by multimillion-yen damages claims, raising questions over whether the country's legal system adequately protects people who report misconduct.
Small businesses across Japan—from Tokyo tech startups to traditional long-standing shinise enterprises— are increasingly becoming targets for sophisticated digital scams.
Catalog House, the operator of shopping catalog magazine Tsuhan Seikatsu, has announced it will stop selling through Rakuten Market in protest over Rakuten Group's partnership with a German military drone company and its plans to support the introduction of the drones to Japan's Ground Self-Defense Force.
The bankruptcy of payment processing company Zento Shin has raised concerns over the impact on restaurants and other small and midsize businesses, while highlighting regulatory gaps in Japan's rapidly expanding cashless payment industry.
Tokyo stocks fell sharply on August 19, with the Nikkei 225 closing at 65,326.42, down 3.2%, its lowest finish since August 4, as renewed selling in artificial intelligence and semiconductor-related shares combined with rising bond yields, higher oil prices and geopolitical concerns to trigger a broad risk-off move.
Real estate company Rewrite has built a business around properties that owners struggle to give away, sometimes listing them for just 1 yen in a strategy that produces virtually no immediate profit but can generate lucrative deals years later through referrals and repeat customers.