News - Page 398

Tokyo, May 13 (Jiji Press)–Japanese Defense Minister Shinjiro Koizumi on Wednesday emphasized the importance of close coordination with the United States over a multilateral effort to ensure safe navigation through the Strait of Hormuz. “Realistically, it’s important to ensure close communication…with the

Tokyo, May 13 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average rose on Wednesday to close above 63,000 for the first time, aided by the strength of shares related to artificial intelligence technology and data centers. The index of 225 select issues on

Tokyo, May 13 (Jiji Press)–The yield on the most recent issue of 10-year Japanese government bonds, regarded as the country’s benchmark long-term interest rate, rose to as high as 2.600 pct in Tokyo interdealer trading Wednesday morning. The figure was the highest

Tokyo, May 13 (Jiji Press)–Aichi Financial Group Inc. and San ju San Financial Group Inc., regional banking holding companies of central Japan, said Wednesday that they have reached a basic agreement on a business integration set for April next year. The two

Tokyo, May 13 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average rose on Wednesday to close above 63,000 for the first time, thanks to buying of shares in companies that logged robust earnings. The index of 225 select issues on the Tokyo Stock

Tokyo, May 13 (Jiji Press)–Japan’s current account surplus hit a record high for the third consecutive year in fiscal 2025 partly because the trade balance swung back to the black, preliminary data from the Finance Ministry showed Wednesday. The surplus in the

Kyoto, May 13 (Jiji Press)–Major Japanese motor maker Nidec Corp. said Wednesday that improper activities, such as changing materials, manufacturing processes and designs without customer approval, are suspected for some of the firm’s products. There are believed to be more than 1,000

Tokyo, May 13 (Jiji Press)–A Japanese health ministry council on Wednesday approved the public health insurance coverage for a regenerative medicine for Parkinson’s disease produced from induced pluripotent stem, or iPS, cells, effective from May 20. With the approval by the Central

Paris, May 13 (Jiji Press)–The Organization for Economic Cooperation and Development suggested in a report Wednesday that Japan’s macroeconomic policies “be calibrated carefully.” As the East Asian economy is shifting toward “a new equilibrium in terms of higher prices and wages,” careful

Tokyo, May 13 (Jiji Press)–The Diet, Japan’s parliament, enacted a bill Wednesday to promote work-style reforms for truck drivers by encouraging the use of systems that allow multiple logistics firms to relay cargo. The bill to revise the logistics streamlining law was