Japan
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Japan Falls to Fourth-Largest Economy Amid Unexpected Recession
Japan has slipped into a recession, leading to the loss of its position as the world's third-largest economy-a title now held by Germany. This shift comes as Japan's Gross Domestic Product (GDP) shrank at an annualized pace of 0.4% in the final quarter of 2023, as reported by the Cabinet Office. Japan has slipped into a recession, leading to the loss of its position as the world's third-largest economy-a title now held by Germany. This shift comes as Japan's Gross Domestic Product (GDP) shrank at an annualized pace of 0.4% in the final quarter of 2023, as reported by the Cabinet Office. -
Japan Eases Restrictions on Lethal Weapon Exports, Aiming to Alleviate U.S. Arsenal Strain?
The Japanese government has significantly revised its "Three Principles on the Transfer of Defense Equipment," lifting the ban on exporting lethal weapons. Now, Japan is permitted to export licensed weapons to "like-minded" source countries with licenses. The Japanese government has significantly revised its "Three Principles on the Transfer of Defense Equipment," lifting the ban on exporting lethal weapons. Now, Japan is permitted to export licensed weapons to "like-minded" source countries with licenses. -
Japan's Capital Region Sees Historic 36% Surge in Housing Prices, Tokyo's 23 Wards Up by 50%
The average sale price for new condominiums in the capital region, encompassing Tokyo, Kanagawa, Saitama, and Chiba prefectures, reached a staggering 82.5 million yen (approximately 410 million yuan), marking a 36.7% increase year-over-year. The average sale price for new condominiums in the capital region, encompassing Tokyo, Kanagawa, Saitama, and Chiba prefectures, reached a staggering 82.5 million yen (approximately 410 million yuan), marking a 36.7% increase year-over-year. -
Japan Unveils $113 Billion Anti-Inflation Boost Amid Economic Strain
In a decisive move to counter the relentless inflation that has riddled its economy, Japan's Prime Minister Fumio Kishida has rolled out a robust $113 billion stimulus package. This ambitious economic initiative is a testament to the country's proactive approach in navigating the turbulent financial waters exacerbated by the Ukraine war and lingering COVID-19 impacts. In a decisive move to counter the relentless inflation that has riddled its economy, Japan's Prime Minister Fumio Kishida has rolled out a robust $113 billion stimulus package. This ambitious economic initiative is a testament to the country's proactive approach in navigating the turbulent financial waters exacerbated by the Ukraine war and lingering COVID-19 impacts. -
Japan's Cabinet Shakeup: Meet the New Foreign and Defense Ministers
In a bid to salvage plummeting approval ratings and secure re-election in next year's Liberal Democratic Party (LDP) presidential election, Japanese Prime Minister Fumio Kishida announced a major cabinet reshuffle on September 13. This marks Kishida's second significant adjustment to his cabinet since taking office. In a bid to salvage plummeting approval ratings and secure re-election in next year's Liberal Democratic Party (LDP) presidential election, Japanese Prime Minister Fumio Kishida announced a major cabinet reshuffle on September 13. This marks Kishida's second significant adjustment to his cabinet since taking office. -
Japan's Q2 GDP Surges Amid Export Boost, but Consumer Spending Wanes
TOKYO - Preliminary statistics released by the Japanese Cabinet Office on Aug. 15 reveal that Japan's Gross Domestic Product (GDP) rose 1.5% quarter-on-quarter in the second quarter of this year. When adjusted annually, it marks a significant 6.0% increase, exceeding expectations. TOKYO - Preliminary statistics released by the Japanese Cabinet Office on Aug. 15 reveal that Japan's Gross Domestic Product (GDP) rose 1.5% quarter-on-quarter in the second quarter of this year. When adjusted annually, it marks a significant 6.0% increase, exceeding expectations. -
An Eye For An Eye: China Blocks South Korean Visas In Response To Arrival Restrictions From Beijing
An Eye For An Eye: China Blocks South Korean Visas In Response To Arrival Restrictions From Beijing An Eye For An Eye: China Blocks South Korean Visas In Response To Arrival Restrictions From Beijing -
Japan Set To Announce Defense Policy Changes To Tackle China Threats
The policies are to be outlined in three defense and security documents as soon as Friday The policies are to be outlined in three defense and security documents as soon as Friday -
Parents Raise Concerns Over ‘Lack Of Government Action’ In Excessive Gaming Among Children In Japan
A poll conducted by the Japanese education ministry says 17% of kids between the ages of six and 12 play games for more than four hours per day A poll conducted by the Japanese education ministry says 17% of kids between the ages of six and 12 play games for more than four hours per day -
Tourists Flock To Japan After It Drops Travel Restrictions
Japan has lifted all COVID travel restrictions that make it hard for travelers to come and visit its beautiful scenery and culture, and is now welcoming droves of people from all over the world. Japan has lifted all COVID travel restrictions that make it hard for travelers to come and visit its beautiful scenery and culture, and is now welcoming droves of people from all over the world.