News On Japan

Japan watching sharp forex moves after yen falls to 10-month low

Sep 07 (Kyodo) - Japan is monitoring foreign exchange moves with a sense of urgency and will consider timely action if the yen's moves become volatile, its top currency diplomat said Wednesday after the yen hit a fresh 10-month low against the U.S. dollar overnight.

The yen briefly weakened to the 147.80 level against the dollar on the New York market Wednesday, hitting its lowest level since early November, as market participants sold the Japanese currency for the dollar amid speculation that the U.S. Federal Reserve will continue its aggressive interest rate hikes.

Japanese authorities repeatedly issue verbal warnings before they intervene in the currency market. The last time Japan conducted a yen-buying, dollar-selling intervention to arrest the Japanese currency's decline was in October. ...continue reading

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Prime Minister Ishiba has instructed relevant ministers to draft economic measures focused on addressing rising prices, strengthening growth, and ensuring safety and security.

A man who was placed on the public wanted list Thursday is suspected of playing a key role in a series of robberies in Tokyo and Saitama.

The prestigious American magazine 'TIME' has selected actress Anna Sawai as one of this year’s '100 Next.'

Osaka City has handed over land for the Integrated Resort (IR) project, which will include a casino, after signing a contract to lease the land to the developer for 35 years at a monthly rent of 2.1 billion yen.

Japan's Ministry of Internal Affairs and Communications is set to introduce new mobile phone numbers starting with '060,' possibly as early as December, marking the first addition of a new number in 11 years.

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Osaka City has handed over land for the Integrated Resort (IR) project, which will include a casino, after signing a contract to lease the land to the developer for 35 years at a monthly rent of 2.1 billion yen.

Japan's Ministry of Internal Affairs and Communications is set to introduce new mobile phone numbers starting with '060,' possibly as early as December, marking the first addition of a new number in 11 years.

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In Japanese business culture, a 'playing manager' refers to a manager who oversees the team while also performing as a front-line player. This role is commonly assumed in the mid-managerial phase, often at the section chief level, where the experience and knowledge gained significantly impact the individual's career trajectory.