Records of Moritomo land deal negotiations unveiled
January 23, 2018
Osaka- The Japanese Finance Ministry’s Kinki Local Finance Bureau has stored documents of negotiations related to the controversial discount sale of a plot of state-owned land to school operator Moritomo Gakuen, it was learned Monday. This was the first time
Biz, union leaders meet for full-fledged wage talks
January 23, 2018
Tokyo- The leaders of Japan’s largest business group and labor union umbrella body met on Tuesday for full-fledged “shunto” annual spring wage negotiations. At the meeting in Tokyo, Sadayuki Sakakibara, chairman of the Japan Business Federation, or Keidanren, stressed that
IMF revises up Japan 2018 growth estimate
January 23, 2018
Washington- The International Monetary Fund said Monday that it expects the Japanese economy to grow 1.2 percent in 2018, up 0.5 percentage point from its previous estimate in October last year. The new projection reflects upward revisions to external demand,
Tokyo hit by heavy snow
January 23, 2018
Tokyo- Tokyo and neighboring prefectures in eastern Japan had heavy snow on Monday, causing wide-scale traffic disruptions that affected evening commuters in the region. The Japan Meteorological Agency issued a heavy snow warning for most of the Kanto-Koshin region, including
Japan toughens refugee-screening system
January 23, 2018
Tokyo- Japan has toughened its refugee-screening system in response to a steep increase in the number of applicants deemed to be seeking work permits rather than protection. On Jan. 15, the Ministry of Justice started sorting applicants through preliminary screenings
S. Korea to dissolve comfort women foundation: minister
January 23, 2018
Seoul- South Korea plans to dissolve within this year a foundation set up under an accord with Japan to provide financial support for so-called former comfort women, Minister of Gender Equality and Family Chung Hyun-Back said in an interview published
Nikkei closes above 24,000 for 1st time in over 26 Years
January 23, 2018
Tokyo- Stocks surged on the Tokyo Stock Exchange Tuesday in the wake of Wall Street’s rise overnight, pushing up the benchmark Nikkei average to the first close above 24,000 in more than 26 years. The 225-issue Nikkei average ended up
Missile evacuation drill held in Tokyo for 1st time
January 22, 2018
Tokyo- Residents and others in Tokyo’s Bunkyo Ward took part in an evacuation drill on Monday morning to prepare for a possible ballistic missile attack. It was the first missile evacuation drill held in the Japanese capital. After North Korea’s
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