Japanese retail giant Aeon plans to raise wages for part-time and other non-regular workers. It's the latest firm in the country to implement pay hikes amid rapid increases in living costs.
Visitors to Japan spent more money using credit cards in December than during the same period three years earlier, before the start of the coronavirus pandemic.
The Tokyo High Court is scheduled to hand down a ruling Wednesday on three former executives of Tokyo Electric Power Company over the 2011 accident at the utility's Fukushima Daiichi nuclear power plant.
In a surprise move, Japan's central bank has adjusted its monetary policy. The Bank of Japan decided to expand the yield on 10-year government bonds, saying the previous range could hurt market functions. The yield will now move in a range of around plus and minus 0.5 percent. The earlier range was plus and minus 0.25 percent.
Japan has announced a commitment of 117 billion yen, or about 850 million dollars, in financial aid over three years to help conservation initiatives by developing nations and others.
The October consumer price index in Tokyo's 23 District rose 3.4% compared to the same month last year, excluding fresh food, which fluctuates greatly depending on the weather.
[Tokyo 25th Reuters] - Finance Minister Shunichi Suzuki said on the 25th that the monetary policy of the Bank of Japan, which continues to implement large-scale monetary easing, and the policy objectives of foreign exchange intervention are different and "not inconsistent." He said at a post-cabinet press conference in the morning of the same day.
Regarding the rapidly depreciating yen, Governor Kuroda of the Bank of Japan said at the Budget Committee meeting of the House of Councilors on 19 October 2022.