News Muncher - category billion japan

2 months ago

Zombie Companies on the Brink of Bankruptcy as Interest Rates Soar

After decades of ultra-loose monetary policy, even small hikes in interest rates by the Bank of Japan are poised to fuel an increase in the number of zombie companies that could be tipped into insolvency. Zombie companies have survived for years in Japan thanks to low rates and government support, but they are now facing increasing pressure from rising interest …

Business Law Finance Economy Tokyo

10 months ago

Bitcoin price hits record high in Japan as fresh inflows fuel rally

The Independent

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Bitcoin has hit a record high against the Japanese Yen following a 25 …

Japan Crypto Record High Bitcoin Price Billion Indytech

1 year, 6 months ago

Carlos Ghosn says $1 billion lawsuit against Nissan is reasonable given his suffering after arrest

Associated Press

BEIRUT — Carlos Ghosn said Friday that the $1 billion lawsuit he recently filed against Nissan and others is just the beginning of his fight. Ghosn is When contacted by the AP in Tokyo for comment on the lawsuit, a Nissan official said: “We will not be commenting.” Ghosn fled Japan after jumping a $14 million bail in a Hollywood-style …

France Japan Legal Lawsuit Japanese Lebanon Beirut

2 years ago

Tomahawks part of Japan’s record defense spending next year

Associated Press

TOKYO — Japan’s defense spending will jump 20% to a record 6.8 trillion yen next year as the country prepares to deploy U.S.-made Tomahawks and other long-range cruise missiles that can hit targets in China or North Korea under a more offensive security strategy. The budget plan comes a week after Kishida’s government announced Japan’s new National Security Strategy, stating …

Defense China Spending Plan United States Yen Capability

2 years ago

Japan unveils record defence budget amid regional security fears

Al Jazeera

The cabinet’s nod for a 20-percent rise in military spending is a deviation from pacifist post-WWII self-defence policy. Japan will boost its defence budget for 2023 to a record 6.8 trillion yen, or a 20-percent increase, in the face of regional security concerns and threats posed by China and North Korea. Prime Minister Fumio Kishida’s cabinet approved the budget on …

Security China Military Japan Defence North Korea Billion

2 years, 7 months ago

Japan an ‘indispensable partner’ in India’s continuing transformation: PM Modi

The Hindu

May 23, 2022 12:44 pm | Updated 01:18 pm IST - Tokyo Ahead of a bilateral meeting with his Japanese counterpart, Prime Minister Narendra Modi on Monday, May 23, 2022, said that he sees Japan as an “indispensable partner” in India’s continuing transformation, asserting that New Delhi’s speed and scale combined with ease of doing business, attractive incentives, bold reforms …

Investment Opportunities Japanese Minister Billion Modi Kishida Textile

3 years, 6 months ago

HT Editorial: The Olympics dilemma

Hindustan Times

There is perhaps no safe way of conducting the Tokyo Olympic and Paralympic Games, slated to begin on July 23. The International Olympic Committee has, however, turned a deaf year to calls for cancelling the Games and gone on the offensive — with its longest serving member, Dick Pound, recently saying that cancelling the event was “essentially off the table”. …

Olympics Games Japan Ioc

4 years ago

Japan approves $700 billion stimulus package

Live Mint

Japan's government on Tuesday approved more than $700 billion in fresh stimulus to fund projects from anti-coronavirus measures to green tech, the country's third such package this financial year. Japan's latest package, worth 73.6 trillion yen, includes loan schemes and actual government spending of around 40 trillion yen. Japan officially exited recession last month after three quarters of contraction, and …

Japan Package Suga

4 years, 5 months ago

Postponed Tokyo Olympics hits one-year-to-go mark - again

The Hindu

The Tokyo Olympics have hit the one-year-to-go mark — again. “I don’t think that people have a sense of anticipation in a happy way to celebrate a one-year-to-go event,” Yoshiro Mori, the president of the organising committee, said last week. “If current situation continues, we couldn’t,” he replied, though he said he was optimistic about a vaccine and confident the …

Olympics Athletes Games Japan Japanese Beijing Covid