Japan

The Latest

  • Japan Falls to Fourth-Largest Economy Amid Unexpected Recession
    YEN-BASED
    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?
    Japan
    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%
    SANCTIONS VS RUSSIA
    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
    Japan
    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
    Fumio Kishida
    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
    Japan business tankan
    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
    VISA BAN
    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
    Japan
    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 display for the gaming company Nintendo is shown during opening day of E3, the annual video games expo revealing the latest in gaming software and hardware in Los Angeles
    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 business tankan
    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.
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