Today's news
Minimum Income Tax Threshold to Increase in Japan, But Opposition Remains Unsatisfied
The ruling coalition in Japan agreed to raise the minimum income tax threshold to 1.23 million yen, following pressure from the opposition Democratic Party for the People. However, the DPP remains opposed to the compromise, saying it will not support the budget proposal without a more substantial in...
Financial Services
Theft at Japanese Bank Leads to Apologies and Pay Cuts
Executives at a leading Japanese bank issue apologies and take pay cuts following the arrest of an employee accused of stealing approximately $9 million worth of valuables from customers' safe deposit boxes over a four-year period. The bank, MUFG Bank, is addressing the issue by implementing mea...
Communication Services
Nintendo Reveals New Console, the Nintendo Switch 2
Gaming giant Nintendo unveils its latest console, the Nintendo Switch 2, set to be released in 2025. The new console features a larger design with controllers that attach to the side of the main unit and will support exclusive games while maintaining compatibility with existing Nintendo Switch title...
Yesterday's news
Bargain Hunters and Employee Rest Mark New Year's Sales in Japan
On the first business day of 2025, bargain hunters flocked to department stores in Japan, ...
ETF
Energy
Ota Ward Takes Flight with Sustainable Aviation Fuel Initiative
Tokyo's Ota Ward has taken a significant step towards sustainability by partnering wit...
Healthcare
Japan Adds Shingles Vaccination to National Program to Protect Older Adults
The health ministry in Japan will include a shingles vaccination in the national immunizat...
Commodities
Tokyo Pioneers Painless Delivery Subsidies, Easing Childbirth Costs
The Tokyo metropolitan government will offer subsidies for painless delivery, starting in ...
Industrials
Space One's Second Rocket Launch Fails Again, Casting Doubt on Future Prospects
Space One Co.'s second attempt to launch a rocket from Space Port Kii in Kushimoto, Wakayama Prefecture, failed on December 18th, marking another setback for the company's aspirations in the space-delivery service business. The company remains determined to succeed, aiming to launch its rock...
Consumer Cyclical
A Smart Community Taking Shape at the Foot of Mount Fuji
Toyota Motor Corp. is poised to launch its groundbreaking smart city project, "Woven City," at the foot of Mount Fuji in the latter part of this year. This visionary community will serve as a living laboratory for cutting-edge technologies, encompassing hydrogen power, autonomous mobility,...
Financial Assets
Latest news
Minimum Income Tax Threshold to Increase in Japan, But Opposition Remains Unsatisfied
The ruling coalition in Japan agreed to raise the minimum income tax threshold to 1.23 million yen, following pressure from the opposition Democratic Party for the People. However, the DPP remains opposed to the compromise, saying it will not support the budget proposal without a more substantial in...
Trilateral Partnership with Japan and South Korea Crucial Amidst Growing Security Challenges
A senior Biden administration official, Mira Rapp-Hooper, emphasized the vital role of close cooperation with Japan and South Korea in addressing growing security challenges from Russia and North Korea. She stressed the importance of maintaining this trilateral partnership regardless of who holds of...
