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November 22, 2024
 

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JAPAN POST

The Bank of Japan’s historic shift this year from radical monetary easing to two interest-rate hikes has sparked volatility in the nation’s securities market as investors speculate on the BOJ’s next move.
BUSINESS / Markets
Oct 17, 2024
Japan Post Insurance markets chief sees Nikkei setting new records after votes
The Nikkei's all-time high, set in July, will probably be "just a passing point,” said Kenichi Kuga, head of global equity and fixed income investment.
A Yamato Transport delivery center in Funabashi, Chiba Prefecture. Japan's parcel delivery firms are expanding drop-off services amid a rise in their redelivery rate and a shortage of truck drivers.
BUSINESS
Jul 12, 2024
Availability of parcel drop-off services increasing in Japan
The services are expected to help reduce redeliveries to lessen the heavy burden on delivery vehicle drivers.
Japan Post Bank will expand investment into long-term government bonds to take advantage of rising yields.
BUSINESS / Companies
Jun 20, 2024
Japan Post Bank to buy more bonds in light of BOJ taper plan
Japan Post Bank has ramped up investment in JGBs with the balance of holdings totaling ¥5.15 trillion as of March, expanding 1.5-fold from levels in December last year.
Yamato Transport drivers push carts loaded with parcels for distribution in Sapporo.
BUSINESS / Companies
Jun 14, 2024
Japan logistics firms work to reduce parcel redeliveries
The government aims to lower the rate of parcel redeliveries from 10% in fiscal 2022 to 6% in fiscal 2024.
Postage rates in Japan are set to increase to ¥110 from ¥84 for standard-size letters weighing 25 grams or less and to ¥85 from ¥63 for postcards.
JAPAN
Jun 14, 2024
Japan Post announces October postage hike
Rates will increase to ¥110 from ¥84 for standard-size letters weighing 25 grams or less, and to ¥85 from ¥63 for postcards.
Postage rates for sealed letters and other documents are expected to be raised by 30% as early as October, the first rise in 30 years aside from when prices increased along with consumption tax hikes.
JAPAN
Jun 7, 2024
Postage rate hikes seen denting New Year's card tradition in Japan
The tradition of sending New Year's greetings on postcards began in 1873 with the introduction of postcards.
Japan Post Insurance, one of the nation’s biggest life insurers, held about ¥60.9 trillion in assets as of the end of March, of which around ¥47.7 trillion were securities, mainly government bonds.
BUSINESS / Markets
Jun 3, 2024
Japan Post goes slow in buying longest bonds after BOJ rate hike
Japan Post forecast in April that the 30-year government bond yield will be 2% at the end of March 2025
A Japan Post delivery truck. Certain parcels will take longer to arrive under changes set to begin in April.
BUSINESS / Companies
Jan 31, 2024
Japan Post announces delayed timeframes for express deliveries
The changes come as part of an effort to cope with stricter regulations on truck drivers’ working hours.
The Alumy website, which offers a service for companies that want to connect with individuals who have quit their jobs
BUSINESS / Companies
Dec 31, 2023
More Japanese companies move to rehire former employees
Previously, it had been widely believed that quitting a job means completely severing the relationship with the employer.
The government may sell stakes in some major firms, including NTT, to fund its growing defense spending.
BUSINESS
Aug 3, 2023
Raising the stakes: Japan may sell shares to fund defense spending
Selling government stakes in some of Japan's biggest firms won't be straightforward, given the need for consensus and changes to laws.
Japan Times
BUSINESS / Companies
Jun 20, 2023
Yamato and Japan Post announce tie-up for mailbox and small parcel deliveries
The two companies are working together to tackle anticipated truck driver shortages, expected when overtime work restrictions come into effect in April next year.
Japan Times
BUSINESS
Mar 6, 2023
Kuroda’s decade at the BOJ changed how Japan’s banks make money
Investors prepare for an eventual normalization of monetary policy with BOJ Gov. Haruhiko Kuroda, who introduced negative interest rates, set to hand over the reins.
Japan Times
BUSINESS
Oct 6, 2021
Japan to sell 27% of Japan Post to raise reconstruction funds
The planned sale would represent a stake of about 27%, lowering the government's ownership to one third, the minimum allowed by law.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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