News - Page 3

Susono, Shizuoka Pref., Dec. 5 (Jiji Press)–Toyota Motor Corp. on Friday unveiled the Lexus LFA Concept, the first electric sports car from the Japanese automaker. With a low center of gravity, the model features a light body and advanced aerodynamic performance. Toyota

Seoul, Dec. 5 (Jiji Press)–SoftBank Group Corp. Chairman and CEO Masayoshi Son met with South Korean President Lee Jae-myung on Friday to discuss cooperation in the fields of artificial intelligence and semiconductors, as well as infrastructure investment. Cooperation between South Korea and

Tokyo, Dec. 5 (Jiji Press)–Japanese police have arrested four men suspected of masterminding a series of robberies in the Tokyo metropolitan area, including a case that left a woman seriously injured in Chiba Prefecture in October last year. It is the first

Tokyo, Dec. 5 (Jiji Press)–Japan’s ruling Liberal Democratic Party on Friday began discussions aimed at increasing the income tax rate in 2027 as part of efforts to secure financial resources for a hike in the country’s defense spending. The tax hike plan

Tokyo, Dec. 5 (Jiji Press)–Parties to the Washington Convention to protect endangered species have officially rejected a proposal to tighten international eel trade regulations, based on a decision by a committee last week. In a plenary session in Uzbekistan, the parties to

Tokyo, Dec. 5 (Jiji Press)–Household spending in Japan in October fell 3.0 pct from a year before in inflation-adjusted real terms, the first drop in six months, reflecting sluggish expenditures on mobile phone services and automobiles, the internal affairs ministry said Friday.

Washington, Dec. 4 (Jiji Press)–A spokesperson at the International Monetary Fund on Thursday commended Japan’s draft supplementary budget for fiscal 2025. “We are encouraged to see that some of the more fiscally burdensome proposals that had been discussed” are not included in

Tokyo, Dec. 5 (Jiji Press)–Mitsubishi UFJ Morgan Stanley Securities Co. said Thursday that it plans to sell yen-denominated money management funds, an investment trust that mainly invests in short-term government bonds, starting next year. Yen-denominated MMFs will be sold in Japan for

Tokyo, Dec. 5 (Jiji Press)–The Diet, Japan’s parliament, enacted Friday a bill aimed at addressing the uneven availability of doctors in the country and promoting digital transformation in the medical sector. The legislation to revise the medical care law was approved at

New York, Dec. 4 (Jiji Press)–Japan’s ambassador to the United Nations on Thursday sent U.N. Secretary-General Antonio Guterres another letter challenging China’s claim concerning recent remarks by Japanese Prime Minister Sanae Takaichi on a possible Taiwan contingency. “The assertions contained therein are