News - Page 12

Tokyo, March 13 (Jiji Press)–The dollar hit 20-month highs above 159.60 yen in Tokyo trading Friday as persisting worries about the Middle East situation spurred safe-haven buying of the U.S. currency. The greenback pared its gains to stand at 159.41-44 yen at

Tokyo, March 13 (Jiji Press)–The Japanese government’s fiscal 2026 budget bill is expected to clear the House of Representatives as early as Friday night, with support mainly from the ruling camp led by the Liberal Democratic Party. Following the passage in the

Tokyo, March 13 (Jiji Press)–Nihon M&A Center Holdings Inc. intends to strengthen its successor search business by teaming with more regional banks across Japan through a subsidiary, President Suguru Miyake said in a recent interview. The subsidiary, J-Search Inc., connects prospective business

Tokyo, March 13 (Jiji Press)–The French and Indonesian presidents will make their respective official trips to Japan from later this month for talks with Prime Minister Sanae Takaichi, Chief Cabinet Secretary Minoru Kihara said Friday. Indonesian President Prabowo Subianto is scheduled to

New York, March 12 (Jiji Press)–PayPay Corp., a Japanese online payment company under SoftBank Group Corp., went public on the U.S. Nasdaq stock market Thursday. PayPay ended its first day at 18.16 dollars per share, with its market capitalization valued at 12.1

Tokyo, March 13 (Jiji Press)–Japan will use its official development assistance to induce private-sector investment in developing countries, an annual government report said Friday. The 2025 white paper on cooperation and development noted ODA’s pump-priming effects for expanding private investment in aid

Tokyo, March 13 (Jiji Press)–The Japanese government adopted at a cabinet meeting Friday bills aimed at introducing a system under which public health insurance will fully cover childbirth costs. The bills on medical insurance system reform also feature a program asking patients

Nagoya, March 13 (Jiji Press)–Dark clouds are gathering over a major redevelopment project around Nagoya Station in central Japan that is being planned in anticipation of the launch of the Chuo Shinkansen magnetic levitation superhigh-speed train line. The project, led by major

Tokyo, March 13 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average lost over 1,100 points in early trading in Tokyo on Friday, as investor sentiment was dampened by the sharp rise in crude oil prices due to the deteriorating situation in Iran. In

Tokyo, March 13 (Jiji Press)–Amid an increasingly severe security environment, Japan’s Defense Ministry plans to establish a coastal defense system using thousands of drones, while there are still many issues to overcome. The “Shield” defense system will involve more than 10 types