Stay updated with breaking news from Ken sakakibara. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Nippon Steel Corp. must break through a formidable wall in acquiring U.S. Steel Corp., including opposition to the deal from a major labor union and the current and a former U.S. president.
ELMAU, Germany--Japan and the United States have agreed to cooperate on setting an upper limit on the price of Russian oil imports to squeeze revenues funding the war against Ukraine.
Japan played a vital role in the launch of an economic bloc that was proposed by the United States and joined by Asia-Pacific countries as an alternative to a new China-led trade pact in the region.
Prime Minister Fumio Kishida’s Cabinet on Dec. 24 approved an initial budget for fiscal 2022 worth 107.596 trillion yen ($940 billion), the 10th straight year for record-setting expenditures.
Prime Minister Fumio Kishida clearly wanted to make his mark early on in his new administration by cobbling together an economic stimulus package that dwarfs anything announced by his predecessors.
Although the government has helped to reduce overwork in the private sector, its own offices have remained bastions of long working hours and unpaid overtime.
A man looks at an electronic stock board showing Japan's Nikkei 225 and New York Dow indexes at a securities firm in Tokyo on Jan. 7. (AP Photo) Another contraction in Japan’s gross domestic product is forecast due to the latest state of emergency to fight the novel coronavirus pandemic, along with the loss of 86,000 jobs, economists say. A month-long state of emergency, the second since last April, was declared Jan. 7 for Tokyo and neighboring Kanagawa, Saitama and Chiba prefectures following a recent surge in new COVID-19 cases. The measure will be in place until Feb. 7. Consumer spending, which accounts for more than half of the country’s GDP, will likely be hit hard if more people continue to stay at home and spend less on dining out and outdoor leisure activities during the period.