News - Page 4

Tokyo, Dec. 19 (Jiji Press)–The Fair Trade Commission on Friday recognized bid-rigging by Central Japan Railway Co., or JR Tokai, and five other firms regarding inspection work for bridges installed over railroad tracks in violation of the antimonopoly law, ordering them to

Tokyo, Dec. 19 (Jiji Press)–The U.S. military has rejected Okinawa’s requests to conduct on-site inspections at U.S. bases in the southernmost Japan prefecture, after per- and polyfluoroalkyl substances, or PFAS, were detected around the facilities, the Japanese Defense Ministry said Friday. The

Tokyo, Dec. 19 (Jiji Press)–The benchmark 10-year Japanese government bond yield, the country’s key long-term interest rate, hit a 26-year high in Tokyo trading Friday in a bond sell-off after the Bank of Japan’s decision to raise interest rates. The yield on

Tokyo, Dec. 19 (Jiji Press)–The Japanese government kept its basic view on the domestic economy unchanged for a fourth consecutive month on Friday. “The Japanese economy is recovering at a moderate pace, while the effects caused from the U.S. trade policies are

Tokyo, Dec. 19 (Jiji Press)–Japan’s Sony Group Corp. said Friday it will make Peanuts Holdings LLC, the U.S. company holding the copyright for the popular comic strip “Peanuts,” known for its beloved character, Snoopy, a consolidated subsidiary. The Japanese entertainment giant will

Tokyo, Dec. 19 (Jiji Press)–In a worst-case situation, up to around 18,000 people would be killed chiefly in Tokyo and its three neighboring prefectures if a powerful inland earthquake with a magnitude of around 7 occurs in the heart of the capital,

Tokyo, Dec. 19 (Jiji Press)–Japanese real interest rates are “very low” even after the Bank of Japan’s decision to implement its first interest rate hike since January, BOJ Governor Kazuo Ueda said Friday. At a press conference following the BOJ’s policy-setting meeting

Tokyo, Dec. 19 (Jiji Press)–Buichiro Kuroda, vice grand steward of Japan’s Imperial Household Agency, will be promoted to grand steward, effective on Wednesday, the government said Friday. Kuroda, 65, will replace Yasuhiko Nishimura, 70, who will step down after six years in

Tokyo, Dec. 19 (Jiji Press)–Mitsubishi Heavy Industries Ltd. President Eisaku Ito has expressed the company’s readiness to support the revival of Japan’s shipbuilding industry by taking the leadership in ship designing and development with its technological prowess. “We can contribute with our

Tokyo, Dec. 19 (Jiji Press)–The Bank of Japan on Friday decided to raise its policy interest rate to a level unseen in 30 years, in its first rate hike since January this year. At a two-day meeting from Thursday, the BOJ’s nine-member