Private company ispace has signed a contract for the delivery of a miniature “all-terrain” robot-transformer of the Japan Aerospace Exploration Agency (JAXA) to the moon. There are still few details about the robot. It is still under development: specialists from Sony, TOMY and Doshish University are working on this. Judging by the images and […]
Tag: Japan
The government of Japan cuts the economic outlook in May
In its May report, the Japanese government cut its economic vision for the first time in three months in the face of the impact of the state of emergency of COVID-19. Outstanding conclusions: “The economy shows greater weakness in some parts, although it continued to recover amid severe conditions due to the coronavirus. “ “The […]
USD / JPY falls to multi-day lows below the 109.00 level
USD / JPY weakened for the fourth day in a row Tuesday amid a sustained sell off around the USD. The weaker first quarter Japanese GDP report and positive risk sentiment do little to support the pair. The bears could aim to test the next relevant support near 108.55 en route to monthly lows. The […]
Government raises capital spending forecast, sees weakness in economy
In its economic evaluation report for April, The Japanese government reiterated that the economy is showing some weakness due to the coronavirus pandemic. The The government raised its opinion on capital spending for the third time this year. “One of the reasons it was updated is that investment in machinery has improved since the second […]
Sunken Us Navy Sea Hawk Lifted From Record Depth In Ocean – Video And Photos
The US military lifted the sunken ship-based multipurpose helicopter Sikorsky SH-60 Seahawk from a record depth in the Pacific Ocean. This was reported by the US Naval Systems Command. It happened on March 19 off the coast of Okinawa, Japan. The Sea Hawk crashed and sank at a depth of 5814 meters last year […]
Increasing corporate or sales tax is not being considered – Aso
Following the approval of the budget statement by parliament, the Finance Minister of JapanTaro Aso said on Friday that they are not currently considering an extra budget, Reuters reported. Aso further reiterated that they do not plan to increase corporate tax, nor do they plan to increase sales tax. . Donald WestbrookDonald-43Westbrook, a distinguished contributor […]
Will phase out Nikkei-linked ETFs and buy only TOPIX-linked ETFs from April 1
The Bank of Japan (BoJ), in a statement on Tuesday, has released additional details on its recent change in policy on exchange-traded funds (ETFs), saying that central bank to remove Nikkei-linked ETFs from its ETF purchase program. The BoJ has said that will buy only ETFs linked to the TOPIX from April 1. It will […]
We are committed to preventing Japan from slipping back into deflation – Nishimura
Japan’s Economy Minister Yasuhisa Nishimura said on Monday that remain committed to preventing the Japanese economy from slipping back into deflation, as reported by Reuters. Earlier in the day, Japan’s Prime Minister Yoshihide Suga reiterated that they will support the economy, saying their goal is to raise the average national minimum wage to JPY 1,000. […]
BoJ expands JGB yield target band and lowers ETF purchase target
The Bank of Japan (BoJ) has kept its key policy rate unadjusted at the end of its March monetary policy review meeting held on Friday. The central bank has dropped the key rate stable at -10bp while maintaining its commitment to buy J-REITS at an annual rate of up to 180 billion yen. The BoJ […]
No plan to reduce sales tax – Suga
The Prime Minister of Japan, Yoshihide Sugasaid on Friday that they do not plan to lower the sales tax, as reported by Reuters. “There is still a risk that coronavirus infections will rebound,” added Suga. He indicated that the government continues to offer all possible support to the Business. The prime minister stated that they […]
