News - Page 11

Tokyo, Dec. 11 (Jiji Press)–The Japanese government and the ruling coalition are considering limiting tax deductions for “furusato nozei” hometown donations by individuals with annual income of 100 million yen or higher, people familiar with the matter said Wednesday. Under the furusato

Tokyo, Dec. 11 (Jiji Press)–The dollar was weaker below 156 yen in Tokyo trading on Thursday morning, following the U.S. Federal Reserve’s decision overnight to cut interest rates. At noon, the U.S. currency stood at 155.77-77 yen, down from 156.65-65 yen at

Tokyo, Dec. 11 (Jiji Press)–Over 20 pct of major cities in Japan prohibited voters from taking photographs at polling stations in the House of Councillors election in July, a Jiji Press survey found. Of the 52 polled major cities, 12, or 23

New York, Dec. 10 (Jiji Press)–Japanese Prime Minister Sanae Takaichi was ranked third on Forbe’s 2025 list of the world’s 100 most powerful women, released Wednesday. The U.S. business magazine said decisions by Takaichi, Japan’s first female prime minister, “will shape East

New Delhi, Dec. 11 (Jiji Press)–Around 50 government officials, researchers and others from Japan and India held a meeting in New Delhi to discuss the promotion of economic security cooperation between the two countries. At the meeting on Wednesday, hosted by the

Tokyo, Dec. 11 (Jiji Press)–The government of Prime Minister Sanae Takaichi has effectively walked back the previous administration’s policy of expanding production of rice, Japan’s staple food, under pressure from farming groups. The reversal comes only three months after her immediate predecessor,

Tokyo, Dec. 11 (Jiji Press)–The Japanese government plans to include information critical to economic security among areas subject to classification for specially designated secrets. The plan was included in a draft revision to the operational standards for the law on the protection

Washington, Dec. 10 (Jiji Press)–The administration of U.S. President Donald Trump appears to be prioritizing practical interests regarding U.S.-made chips, in a recent move that apparently considers China, while sidelining its ties with Japan, an ally of the United States. On Monday,

Tokyo, Dec. 10 (Jiji Press)–Japan’s government and ruling parties are considering increasing the income tax burden on ultrarich individuals, Jiji Press learned Wednesday. Specifically, the gross annual income levels subject to additional income tax will be lowered to “over 600 million yen”

Tokyo, Dec. 10 (Jiji Press)–The Japanese government and ruling parties are considering making large companies ineligible from fiscal 2026 for a program to reduce the corporate tax burden for firms that raise employee wages, it was learned Wednesday. This comes as pay