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.
Resona Bank has launched a new branch concept that operates without counters handling cash.
A Ferrari seized from a tax delinquent was auctioned by the Tokyo Regional Taxation Bureau, fetching over 170 million yen, the highest bid ever recorded for such an auction.
New government data show Japan's GDP grew for the second consecutive quarter in the three months through September. (NHK)