News - Page 287

Tokyo, Aug. 5 (Jiji Press)–Tokyo stocks soared Wednesday on buying inspired by Tuesday’s rises in U.S. equities amid receding concerns over the Middle East turmoil, lifting the benchmark Nikkei 225 stock average above 66,000. The index of 225 major issues listed on

Tokyo, Aug. 5 (Jiji Press)–Nippon Steel Corp. said Tuesday that it swung to profit in its fiscal first quarter ended in June thanks to improved profitability at United States Steel Corp. The Japanese steelmaker logged a consolidated net profit of 75.2 billion

Tokyo, Aug. 5 (Jiji Press)–The Japanese government Wednesday approved a plan to lower the consumption tax rate on food from 8 pct to 1 pct for two years from next April as a measure to cushion the impact of inflation. The plan

Tokyo, Aug. 5 (Jiji Press)–Companies are expanding relief efforts in earthquake-hit Kumamoto Prefecture, southwestern Japan, rushing to supply cooling equipment, emergency power and necessities to evacuees. Addressing the heat wave is a top priority at a time when temperatures have topped 40

Tokyo, Aug. 5 (Jiji Press)–Japan’s Ministry of Finance upgraded its economic assessments of the Kanto eastern and Tokai central regions in a quarterly report for July released Wednesday. The ministry, however, deferred its assessment of the Kyushu southwestern region following an earthquake

Tokyo, Aug. 5 (Jiji Press)–Most Bank of Japan policymakers cited receding risks of a significant economic downturn at the June 15-16 policy meeting, in which the central bank decided an interest rate hike, according to minutes of the meeting released by the

Yatsushiro, Kumamoto Pref., Aug. 5 (Jiji Press)–The manager of Kinparo expressed both resolve and worries after last week’s major earthquake severely damaged the century-old “ryokan” Japanese-style inn in Kumamoto Prefecture, southwestern Japan. Founded in the Hinagu hot spring resort in Yatsushiro in

Tokyo, Aug. 5 (Jiji Press)–The Japanese government plans to make a decision Wednesday afternoon on a plan to lower the consumption tax rate on food from 8 pct to 1 pct for two years from next April as a measure to cushion

Hiroshima, Aug. 5 (Jiji Press)–The parents of an Iranian boy killed by an airstrike, now on a visit to Hiroshima, are set to attend Thursday’s annual ceremony to honor the victims of the Aug. 6, 1945, U.S. atomic bombing of the western

Tokyo, Aug. 5 (Jiji Press)–Major Japanese companies agreed to raise monthly wages by an average of 5.37 pct through pay scale hikes and regular raises in the 2026 “shunto” spring labor-management wage negotiations, the Japan Business Federation, or Keidanren, has said. According