News - Page 12

New York, July 28 (Jiji Press)–The Bank of Japan needs to raise its policy interest rate from the current 1.0 pct to 1.5 pct to fight inflation reflecting higher import prices amid the yen’s weakness, economist Paul Sheard has said. The BOJ

Tokyo, July 28 (Jiji Press)–Japan’s Immigration Services Agency will hire 226 more employees to bolster its operations amid an increase in foreign residents in the country, Justice Minister Hiroshi Hiraguchi said Tuesday. Through the addition of 176 immigration inspectors and 50 immigration

Tokyo, July 28 (Jiji Press)–The Japan Fair Trade Commission on Tuesday conducted an on-site inspection of over 20 firms on suspicion of rigging bids for condominium repair projects in Aichi, Gifu and Mie prefectures in central Japan, people familiar with the matter

Tokyo, July 28 (Jiji Press)–Temperatures topped 40 degrees Celsius in the Shikoku region of western Japan on Tuesday, marking the first “kokushobi,” or cruelly hot day, there this year. The town of Kuroshio, Kochi Prefecture, observed 40.7 degrees shortly past 2:30 p.m.,

Tokyo, July 28 (Jiji Press)–A powerful earthquake hit Kumamoto Prefecture in southwestern Japan at around 4:27 p.m. on Tuesday, measuring up to 7, the highest level on the Japanese seismic intensity scale. The quake struck at a depth of about 10 kilometers

Tokyo, July 28 (Jiji Press)–Japan’s key Nikkei 225 stock average slumped again on Tuesday as heavy selling hit artificial intelligence- and semiconductor-related stocks. The index of 225 major issues listed on the Tokyo Stock Exchange’s Prime section closed at 62,364.92, down 2,566.27

Tokyo, July 28 (Jiji Press)–The amount of domestic rice consumed as a staple food in Japan in the year from July 2025 hit a record low of 6.83 million tons on a preliminary basis in terms of brown rice, it was learned

Sapporo, July 28 (Jiji Press)–Public prosecutors have sought a 30-year prison sentence for a teenager in a high-profile group assault case in which a 20-year-old university student died in Ebetsu, Hokkaido, in 2024. During Monday’s hearing at Sapporo District Court in the

Tokyo, July 28 (Jiji Press)–Japan’s Immigration Services Agency will hire 226 more employees to bolster its operations amid an increase in foreign residents in the country, Justice Minister Hiroshi Hiraguchi said Tuesday. Through the addition of 176 immigration inspectors and 50 immigration

Tokyo, July 28 (Jiji Press)–The Japanese government released human resources reform plans Tuesday, including expansion of the reduced working hours program for national public servants. Specifically, the government will consider allowing its regular employees to cut working hours for health reasons and