News On Japan
Business | 5

The Bank of Japan decided to keep short-term interest rates unchanged in its two-day policy meeting that ended on Thursday. (NHK)

Toyota Motor Corp. announced that its global production from April to September fell by 7% compared to the previous year, totaling 4,705,037 units. This is the first time in four years that production figures have fallen below the prior year's results.

Since the invasion of Ukraine and the consequent wave of foreign business withdrawals from Russia, products mimicking Japanese imports have been appearing in greater numbers across the country.

US tech giant Meta Platforms, which operates Facebook and Instagram, is facing lawsuits in Japan filed by people who claim to have been defrauded through fake advertisements. (NHK)

To ensure trust in currency, the Mint Bureau in Kita Ward, Osaka, held its annual 'Grand Test for Manufactured Currency' on October 28th, where officials checked whether coins meet the designated weight standards, a tradition that has been ongoing since 1872, marking its 153rd occurrence this year.

Japanese medical equipment maker Olympus has announced the resignation of its chief executive officer Stefan Kaufmann. (NHK)

Registrations for 'gap jobs,' which allow individuals to work as much as they want at their preferred times, have surged in Japan, now totaling over 25 million. This growth reflects not only a labor shortage but also a shift in workers' attitudes.

The race for Japanese New Year's 'lucky bags' has begun. Tobu Department Store and Matsuya unveiled their offerings for 2025 on October 24th. In response to ongoing inflation, Tobu will provide a variety of luxurious food items, such as a 'meat boat platter' featuring different cuts of Yamagata beef, and a 'sashimi boat platter' with bluefin tuna and sea bream.