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Tokyo, Jan. 28 (Jiji Press)–The dollar was weak below 153 yen in Tokyo trading Wednesday, after remarks by U.S. President Donald Trump welcoming the greenback’s softness prompted the currency to plunge in New York overnight. At 5 p.m. in Tokyo, the dollar

Tokyo, Jan. 28 (Jiji Press)–Japan and Mercosur countries have held the first meeting to discuss their strategic partnership, the Japanese Foreign Ministry said Wednesday. At the meeting, which took place in Asuncion, Paraguay’s capital, on Tuesday, senior officials from Japan and the

Tokyo, Jan. 28 (Jiji Press)–Overseas assets held by wealthy residents of Japan in 2024 rose 26.3 pct from the previous year to a record high of 8,194.5 billion yen, the National Tax Agency said Wednesday. The tally was based on documents that

Tokyo, Jan. 28 (Jiji Press)–Japanese Defense Minister Shinjiro Koizumi will hold talks with his South Korean counterpart, Ahn Gyu-back, in his hometown of Yokosuka on Friday, the Defense Ministry said Wednesday. In their meeting at the Maritime Self-Defense Force’s Yokosuka base, the

Tokyo, Jan. 28 (Jiji Press)–The Bank of Japan forced ahead unprecedented qualitative and quantitative easing despite its failure to overcome deflation in the country more than two years after the introduction of the massive easing policy, the minutes of the central bank’s

Tokyo, Jan. 28 (Jiji Press)–Labor unions at Japanese electronics makers will demand a pay scale hike of at least 18,000 yen a month, a record high, in this year’s “shunto” spring wage talks, their umbrella organization said Tuesday. Last year, member unions

Tokyo, Jan. 28 (Jiji Press)–Mitsubishi Chemical Corp., Asahi Kasei Corp. and Mitsui Chemicals Inc. have said they will consolidate their ethylene production facilities in western Japan as early as fiscal 2030. Specifically, the ethylene production facility in Kurashiki in the western prefecture

Hiroshima, Jan. 28 (Jiji Press)–A Japanese court on Wednesday ordered the government to pay 3.3 million yen in compensation to bereaved relatives of three hibakusha atomic bomb survivors who returned to South Korea after the bombing some 80 years ago and could

Tokyo, Jan. 28 (Jiji Press)–The Bank of Japan’s decision at a monetary policy meeting in December to raise its policy rate to 0.75 pct reflected concerns over higher inflation stemming from a weak yen, according to the minutes of the meeting released

Brussels, Jan. 27 (Jiji Press)–Japan and Belgium held the opening ceremony for events commemorating the 160th anniversary of their diplomatic relations at the Egmont Palace in Brussels on Tuesday. About 250 guests, including government officials, business leaders and representatives from the education