ANA Holdings Inc. on Monday reported a profit in the three months ended in June for the first time in three years as travel demand began to recover from the COVID-19 pandemic. The major Japanese airline said it returned to the black for the April-June …
Main events scheduled for Monday, Aug. 1
Main events scheduled in Japan for Monday, Aug. 1: — New ministerial post for promoting startup businesses to be set up. — New motor vehicle sales for July to be released by Japan Automobile Dealers Association at 2 p.m.
Baseball: Tigers restart season by shutting out Swallows
Yuki Nishi pitched seven innings and three relievers finished up the four-hit shutout as the Hanshin Tigers resumed play after Japan’s All-Star break with a 6-0 win over the Central League-leading Yakult Swallows on Friday. The Tigers, who set a league…
Japan’s June industrial output rises 8.9% on month
Japan’s industrial output in June rose 8.9 percent from the previous month, government data showed Friday. The seasonally adjusted index of production at factories and mines stood at 95.8 against the 2015 base of 100, the Ministry of Economy, Trade and…
Japan’s June jobless rate unchanged at 2.6%
Japan’s unemployment rate was unchanged at 2.6 percent in June from May, the Ministry of Internal Affairs and Communications said Friday. The job availability ratio rose 0.03 point to 1.27 from the previous month, the Ministry of Health, Labor and Welf…
Tokyo stocks rise slightly after Fed meeting, stronger yen weighs
Tokyo stocks ended slightly higher Thursday as gains on hopes for a slower pace of interest rate hikes by the U.S. Federal Reserve after its policy meeting were trimmed by selling on the yen’s rise against the dollar. The 225-issue Nikkei Stock Average…
URGENT: Fed again decides to raise interest rates by 0.75 percentage point
The U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 0.75 percentage point for the second straight meeting as the central bank aggressively seeks to bring down the highest inflation in decades. Upon concluding a two-day meeting o…
Tokyo Olympics exec questioned, denies bribery allegations
An executive of the now-defunct Tokyo Olympics organizing committee appears to have denied allegations of accepting bribes from a sponsor company when prosecutors questioned him on Wednesday, investigative sources said. Haruyuki Takahashi, 78, is belie…
Ex-TEPCO execs appeal $95 bil. damages ruling over Fukushima crisis
Four former executives of Tokyo Electric Power Company Holdings Inc. on Wednesday appealed a court ruling that ordered them to pay the utility some 13 trillion yen ($95 billion) in damages for failing to prevent the tsunami-induced 2011 crisis at the F…
Osaka city bus creates on-demand stops for local companies
An Osaka city bus operator has started allowing local companies and facilities to create bus stops at locations of their choice for a monthly fee of 22,00 yen ($160) in the western Japan city. The new initiative of Osaka Metro Group is aimed at improvi…