Japan has lifted its recommendations to wear a face mask. There has never been a mouth mask obligation in the country, but there were recommendations. But they are also disappearing, according to the German press agency DPA. Masks are only recommended in medical institutions, nursing homes and busy public transport. […]
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Two Killed in an Avalanche in Japan
In the central Japanese region of Nagano, two men did not survive the passage of an avalanche on Sunday. Police reported Monday that their bodies were found. The Japanese authorities have not identified the victims, but the American ski magazine Mountain Gazette writes that American freestyle skier Kyle Smaine (31) […]
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Toyota Rises on Japanese Stock Market After Production Increase
Toyota was one of the strongest risers on the Tokyo stock exchange on Tuesday. Investors welcomed the news that the Japanese car manufacturer wants to build significantly more cars this year than last year. Toyota thinks it can put the problems with the supply of parts due to corona lockdowns […]
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Japanese Government Gives Families 1 Million Yen Per Child to Leave Tokyo
The Japanese government wants to pay families one million yen (almost $7,300) per child to leave greater Tokyo. This measure will take effect from April this year. It is part of a government plan to reduce population density in the capital. The government hopes this will help families find their […]
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Nintendo Falls on Lower Japanese Stock Market, China Stock Markets Also Fall
Nintendo was among the biggest decliners on the Tokyo stock exchange on Wednesday. The Japanese game console manufacturer raised its profit forecast for the entire fiscal year but expected to sell fewer Switch game consoles. This is partly due to production problems with the popular console due to shortages of […]
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Bank of Japan Maintains Loose Monetary Policy
The Bank of Japan (BoJ) maintained its accommodative monetary policy on Friday. This puts the rate of the country’s central bank at odds with that of other central banks worldwide, which are raising interest rates to curb sky-high inflation. For example, the US Federal Reserve announced its strongest rate […]
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Japan Government Coalition Election Win Makes Stock Market Optimistic
Prime Minister Fumio Kishida’s coalition government has maintained a comfortable majority in the lower house in Japan’s parliamentary elections on Sunday. The coalition can count on 293 of the 465 seats. That is more than many expected and than what the exit polls predicted. The victory appears to be […]
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Auto branch Chinese Evergrande Rises Sharply on the Hong Kong Stock Exchange
Shares of China Evergrande New Energy Vehicle Group shot up on the Hong Kong stock exchange on Monday. The jump followed ailing Chinese real estate developer Evergrande’s plans to favour the growth of its electric car division over its real estate business. China Evergrande New Energy Vehicle Group, which […]
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Hong Kong Stocks Plummet Due to Chinese Tech Companies
The Hong Kong stock market fell sharply on Monday due to significant price losses among Chinese tech companies. Fears of a stricter approach to the tech sector in China were further fueled by a report in the British business newspaper Financial Times that Beijing wants to break up payment […]
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Japan Economy Grew Somewhat Faster Than Expected in the Second Quarter
The Japanese economy grew somewhat faster than expected in the second quarter. That’s because Japanese companies have invested more than previously believed. However, the economic outlook remains uncertain for the country due to the high number of corona infections. The world’s third-largest economy grew 0.5 percent in the period […]