News - Page 4

Tokyo, Nov. 5 (Jiji Press)–Japan’s benchmark Nikkei stock average plunged Wednesday, briefly slipping below 50,000 on an intraday basis for the first time since Oct. 27. The index finished at 50,212.27, down 1,284.93 points, or 2.49 pct, from Tuesday, after losing more

Tokyo, Nov. 5 (Jiji Press)–Toyota Motor Corp. said Wednesday that it has revised up its consolidated net profit forecast for fiscal 2025 to 2.93 trillion yen from 2.66 trillion yen, on the back of robust hybrid vehicle sales in North America. For

Tokyo, Nov. 5 (Jiji Press)–A subcommittee of a finance ministry advisory panel Wednesday started discussions to formulate the Japanese government’s budget for fiscal 2026, which starts in April next year. It will be the first budget compiled under Prime Minister Sanae Takaichi’s

Tokyo, Nov. 5 (Jiji Press)–Japanese Prime Minister Sanae Takaichi said Wednesday that she will not replace Deputy Chief Cabinet Secretary Kei Sato, a House of Councillors lawmaker involved in the ruling Liberal Democratic Party’s “slush funds” scandal. In a question-and-answer session on

Tokyo, Nov. 5 (Jiji Press)–Japan’s ruling and opposition parties formally agreed Wednesday to scrap the provisional gasoline tax surcharge Dec. 31 while putting off a decision on how to secure stable alternative revenue sources by about a year. The agreement was reached

Tokyo, Nov. 5 (Jiji Press)–Market players are skeptical that a 30-minute expansion of the Tokyo Stock Exchange’s trading hours a year ago had a significant effect in boosting trading value. The TSE pushed back its closing time from 3 p.m. to 3:30

Akita, Nov. 5 (Jiji Press)–Japan’s Ground Self-Defense Force on Wednesday signed an agreement with the Akita prefectural government to dispatch troops to the northeastern Japan prefecture to help capture wild bears amid a spate of attacks on people. The GSDF members are

Tokyo, Nov. 5 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average tumbled about 2,400 points to end below 50,000 Wednesday morning, dragged down by heavy selling of chip-related stocks following a weak overnight performance of Wall Street. The Nikkei stood at 49,104.05 at

Tokyo, Nov. 5 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average briefly tumbled more than 2,000 points Wednesday morning to slip below 50,000, dragged down by heavy selling of semiconductor-related shares. At 10:32 a.m., the Nikkei average stood at 49,441.52, down 2,036.20 points,

Tokyo, Nov. 5 (Jiji Press)–Amid a recent spate of bear attacks on people, a variety of outdoor events, including school marathons, have been canceled across Japan since October because of reported sightings of the animal in the vicinity. Miyagi Prefecture Sendai Daiichi