News - Page 12

Tokyo, March 25 (Jiji Press)–Sogo & Seibu Co. said Wednesday that it will close its Seibu department store in Tokyo’s Shibuya Ward at the end of September. The closure comes as the company failed to reach an agreement on a contract extension

Tokyo, March 25 (Jiji Press)–The average retail price of regular gasoline in Japan fell 13.1 yen from a week earlier to 177.7 yen per liter as of Monday, the industry ministry said Wednesday. The drop came after the government resumed subsidies for

Hong Kong, March 25 (Jiji Press)–Chinese customs authorities took two Japanese nationals into custody on Jan. 2 at an international airport in Guangzhou, Guangdong Province, southern China, people familiar with the case said Wednesday. One of them was released on Feb. 6,

Tokyo, March 25 (Jiji Press)–The Japanese government will urge managers of smaller companies to improve business literacy for their firms’ long-term viability, it was learned Wednesday. In the 2026 white paper on small and medium-sized companies, to be released shortly, the government

Hong Kong, March 25 (Jiji Press)–Chinese customs authorities took two Japanese nationals into custody on Jan. 2 at an international airport in Guangzhou, Guangdong Province, southern China, people familiar with the case said Wednesday. One of them has since been released, while

Tokyo, March 25 (Jiji Press)–Japanese Prime Minister Sanae Takaichi on Wednesday asked the International Energy Agency for additional joint releases of oil reserves amid soaring crude oil prices. Takaichi made the request to IEA Executive Director Fatih Birol in their meeting at

Sakai, Osaka Pref., March 25 (Jiji Press)–Sumo wrestler Kirishima will regain his ozeki status, the sport’s second highest rank, after capturing his third championship in the March grand tournament that ended Sunday, the Japan Sumo Association decided on Wednesday. The decision was

Tokyo, March 25 (Jiji Press)–Tokyo stocks jumped on Wednesday amid growing expectations for a ceasefire agreement between the U.S.-Israeli side and Iran. The Nikkei 225 stock average surged1,497.34 points, or 2.87 pct, from the previous day to close at 53,749.62. The broader

Miyazaki, March 25 (Jiji Press)–Former Miyazaki Governor Hideo Higashikokubaru plans to run in the gubernatorial election in the southwestern Japan prefecture to be held ahead of the January 2027 expiration of the incumbent’s four-year term, sources familiar with the matter said Wednesday.

Tokyo, March 25 (Jiji Press)–There appears to be only a slim chance that the Japanese government’s fiscal 2026 regular budget will be enacted before fiscal 2025 ends on Tuesday, despite Prime Minister Sanae Takaichi’s strong push to meet the deadline. The draft