News - Page 79

Tokyo, Oct. 8 (Jiji Press)–Japan’s Fair Trade Commission has searched the Brewers Association of Japan as part of its ongoing investigation into a suspected price cartel involving the industry, believing that backdoor meetings related to the group played a key role in

Tokyo, Oct. 8 (Jiji Press)–Japanese Prime Minister Sanae Takaichi on Thursday declined to replace agriculture minister Kazuo Yana over his remarks about road construction funding cuts at municipalities whose leaders supported his rival in the February general election. “I strongly reprimanded him

Tokyo, Oct. 8 (Jiji Press)–Japan posted a higher current account surplus for August than a year before, driven by higher dividend income from companies’ overseas units, the Finance Ministry said in a preliminary report Thursday. The surplus in the current account, the

Washington, Oct. 7 (Jiji Press)–Japanese and U.S. business leaders issued a joint statement Wednesday, calling on the governments of Japan and the United States to pursue interoperable artificial intelligence governance tailored to risks and applications amid rapid advances in AI capabilities. The

Tokyo, Oct. 8 (Jiji Press)–Russia has attacked a Japan Tobacco Inc.-linked plant in central Ukraine. Announcing the attack on Wednesday, Russia’s Defense Ministry claimed that the plant of JT International, a subsidiary of the Japanese tobacco producer, had been used to manufacture

Tokyo, Oct. 8 (Jiji Press)–Two Japanese company executives were indicted in August for allegedly dodging income tax by exploiting the so-called angel tax system, a preferential program designed to spur investment in startups. The case has laid bare structural weaknesses in the

Niigata, Oct. 8 (Jiji Press)–Public prosecutors have indicted without arrest four people linked to rice cracker maker Sanko Seika Co. in Niigata Prefecture, central Japan, over a plant fire in 2022 that killed six workers of the company. Indicted by the Niigata

Kyoto, Oct. 8 (Jiji Press)–Hong Kong-based investment fund Oasis Management has urged scandal-hit Japanese motor manufacturer Nidec Corp. to consider going private. In a statement released Wednesday, Oasis said that Nidec’s board of directors “must confront the risk of an unintended delisting”

New Delhi, Oct. 7 (Jiji Press)–A corridor named after the late former Japanese Prime Minister Shinzo Abe has been completed at an international convention center built with Japanese grant aid in the Hindu holy city of Varanasi in the northern Indian state

Tokyo, Oct. 8 (Jiji Press)–Japan’s Supreme Court is expected to issue a unified ruling within this year over lawsuits demanding that the results of the 2025 election for the Senate, the upper chamber of the Diet, the country’s parliament, be invalidated due