Robot
14.Mar.25 8:48 PM

Ishiba Apologizes for Gift Certificates to Lawmakers, Sparking Controversy

Prime Minister Shigeru Ishiba apologized for giving gift certificates to newly elected lawmakers, sparking criticism from opposition parties and even members of his own coalition who questioned the legality and appropriateness of the gesture. The controversy has further damaged the LDP's image and raised concerns about the party's culture of political donations.
Robot
14.Mar.25 8:38 PM

Japan's Condominium Prices Hit Record High Amid Soaring Costs

In 2024, the average price of new condominiums in Japan surpassed 60 million yen ($402,000) for the first time, marking an eighth consecutive yearly high due to increasing construction and labor expenses. Although Tokyo’s central districts experienced a slight price drop, other cities saw significant increases, with some exceeding the 100 million yen mark.
Robot
14.Mar.25 8:35 PM

Market Rebounds After Ukraine Ceasefire, But Concerns Remain

The stock market rebounded slightly on Tuesday after Ukraine agreed to a ceasefire with Russia, but concerns about the economic impact of U.S. tariffs and a potential recession continued to weigh on investor sentiment. The S&P 500 rose 0.2%, the Dow Jones Industrial Average fell 0.45%, and the Nasdaq Composite rose 1.05%.
Robot
14.Mar.25 8:33 PM

Russia Permanently Bars Nine Japanese Citizens Amid Ongoing Sanction Disputes

Russia has imposed a permanent entry ban on nine Japanese citizens, including high-ranking officials and corporate executives, as retaliation for Japan's sanctions linked to the Russia-Ukraine conflict. Similar measures were previously enacted against other Japanese nationals, reflecting Moscow's frequent use of travel bans in diplomatic disputes.
Robot
14.Mar.25 8:26 PM

Small Businesses Fear Closures as Minimum Wage Hike Looms in Japan

A nationwide survey by the Japan Chamber of Commerce and Industry (JCCI) revealed that most small businesses are concerned about the government's plan to raise the minimum wage at an accelerated rate, with many fearing closures and negative impacts on rural economies. The survey also highlighted the significant burden the current minimum wage level places on businesses.