News On Japan
Business | 4

The total cash earnings received by workers in Japan increased by 3.6% in July compared to last year, marking the second consecutive month of positive growth in real wages after adjusting for inflation.

Buying a home is often considered the biggest purchase of one’s life. A mortgage is essential, with the standard repayment period being 35 years. However, Keiyo Bank has caused a stir by becoming the first regional bank in the Tokyo metropolitan area to introduce a 50-year mortgage plan.

The increase in inbound tourists has led to growing financial burdens for Japan’s credit card industry. When cards issued overseas are used at domestic stores, Japanese companies must pay fees to foreign issuers, resulting in annual losses estimated to reach 30 billion yen.

Japan's Minister of Land, Infrastructure, Transport and Tourism Saito has expressed his intention to establish a new organization for public-private collaboration in ridesharing aimed at resolving the issue of 'transportation gaps,' areas where securing transportation options is challenging.

Japan's healthcare costs exceeded 47 trillion yen ($323 billion) last fiscal year, marking the third consecutive year of record spending, according to a summary by the Ministry of Health, Labour and Welfare.

U.S. Vice President Kamala Harris said Monday she is against the planned acquisition of United States Steel Corp. by Japan's largest steelmaker, promising to build an economy that is good for working-class people, as her race for the White House against Donald Trump heads into the final stretch. (Kyodo)

A commemorative ceremony was held ahead of the early opening of the "Umekita Phase 2 District," dubbed the "last prime location in Kansai," set to open on September 6th.

As the Japanese rice harvest season approaches, Tadahiko Komatsu, Chairman of the JA Zenno Akita Steering Committee, has made an emotional appeal: "We are hoping to raise rice prices to help out farmers, even if just a little."