Tokyo stocks extended Tuesday their losing streak to three days, briefly sending the Nikkei index down more than 2 percent, amid heightened concerns over the U.S. economy on expectations the Federal Reserve will become more aggressive in its rate hikes…
Amazon Japan delivery drivers form union, claiming overwork
A group of 10 people working as freelance delivery drivers for Amazon.com Inc.’s Japan unit have unionized and handed over a letter to the online shopping giant’s Tokyo headquarters demanding that their poor working conditions be corrected, union membe…
Soccer: Ex-Japan striker Saito to join S. Korean club Suwon FC
Former Japan international forward Manabu Saito is set to join Suwon FC in the K-League top division in South Korea, pending a physical, a source close to the matter said Monday. The 32-year-old Saito, who underwent right knee surgery in 2017, scored n…
URGENT: Yen sinks to over 23-yr low against U.S. dollar
The yen sank Monday to its lowest level against the U.S. dollar in over 23 years on expectations of a further widening of the interest rate gap between Japan and the United States. The Japanese currency briefly fell to around 135.22, its lowest level s…
Tunnel drilling for Manila’s 1st subway set to begin with Japanese aid
The Philippines unveiled Sunday a tunnel drilling machine to start the underground construction of the country’s first-ever subway being undertaken with Japanese financial support to ease road congestion in overcrowded Manila. President Rodrigo Duterte…
FOCUS: Businesses pin hopes on foreign tourists as Japan set to reopen border
Japan’s businesses are pinning hopes on an inbound tourism recovery as the country resumed the process of accepting foreign tourists for the first time since suspending it more than two years ago due to the coronavirus pandemic. While the economic impa…
Japan reopens to foreign tourists as COVID worries wane
Japan reopened to foreign tourists on Friday, taking the first step toward increasing inbound tourism to help turn around its economy as worries about the COVID-19 pandemic wane. The government is initially limiting eligible tourism arrivals to guided …