News - Page 5

Tokyo, Feb. 13 (Jiji Press)–The Japanese government will come up with an outline of a consumption tax cut and a refundable tax credit by June, Finance Minister Satsuki Katayama said Friday. The administration of Prime Minister Sanae Takaichi plans to set up

Tokyo, Feb. 13 (Jiji Press)–An advisory panel to Japan’s health minister on Friday recommended raising medical fees under the country’s health insurance system to reflect rising prices and support wage increases for medical workers. According to the recommendations by the Central Social

Tokyo, Feb. 13 (Jiji Press)–Japan’s opposition Centrist Reform Alliance on Friday elected Junya Ogawa, former secretary-general of the Constitutional Democratic Party of Japan, as its leader. In the leadership election, Ogawa, 54, gained 27 votes from the new centrist party’s 49 lawmakers,

Tokyo, Feb. 13 (Jiji Press)–Japan’s SoftBank Group Corp. said Friday its smartphone payment service unit PayPay Corp. will go public on the U.S. Nasdaq stock market. PayPay filed with the U.S. Securities and Exchange Commission a statement explaining its initial public offering

Washington, Feb. 12 (Jiji Press)–Japan and the United States have yet to work out the first batch of U.S.-bound investment deals worth 550 billion dollars planned by Tokyo, visiting Japanese economic minister Ryosei Akazawa said Thursday. After a 90-minute meeting with U.S.

Tokyo, Feb. 13 (Jiji Press)–The Diet, Japan’s parliament, will kick off a special session on Wednesday, Chief Cabinet Secretary Minoru Kihara told party representatives on Friday. Prime Minister Sanae Takaichi is expected to be re-elected on the first day of the session

Tokyo, Feb. 13 (Jiji Press)–Dentsu Group Inc. has decided to book an impairment loss of 310.1 billion yen for the year through December 2025, due to sluggish overseas operations, it was learned Friday. For the business year, the major Japanese advertising group

Milan, Feb. 12 (Jiji Press)–Japanese snowboarder Mitsuki Ono and skier Ikuma Horishima each won a bronze medal at the Milan-Cortina Olympics on Thursday. Ono secured her bronze in the women’s snowboard halfpipe, which marked Japan’s record-setting fourth medal in snowboarding during a

Tokyo, Feb. 13 (Jiji Press)–Japanese Foreign Minister Toshimitsu Motegi has told his Ukrainian counterpart, Andrii Sybiha, that Japan will continue to support the war-torn Eastern European country and impose sanctions against Russia in coordination with its Group of Seven partners and the

Tokyo, Feb. 13 (Jiji Press)–Mitsubishi UFJ Trust and Banking Corp. plans to issue a stablecoin, a type of digital asset, whose value is linked to legal tender, in fiscal 2026 starting in April, President and CEO Hiroshi Kubota said in a recent