TOKYO, Feb 25 (Nikkei) –
Chinese electric-vehicle big BYD confirmed Thursday the presence of a poisonous chemical in electrical buses for the Japanese market, saying the substance doesn’t carry well being dangers whereas additionally indicating plans to finish its use.
Chinese electric-vehicle big BYD confirmed Thursday the presence of a poisonous chemical in electrical buses for the Japanese market, saying the substance doesn’t carry well being dangers whereas additionally indicating plans to finish its use.
“Normal post-manufacturing operation of the vehicles will not affect passengers, drivers or maintenance staff,” native unit BYD Japan stated in an announcement. “The vehicles will be detoxified before being scrapped, leaving no impact on the environment,” it stated.
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Japan egg costs surge on chook flu, prices of feed and labor
Nikkei – Feb 23
An avian influenza outbreak and rising feed prices are behind a scarcity of rooster eggs in Japan that has led to rising costs for standard restaurant objects together with beef bowl dishes in addition to the family staple mayonnaise.
Undeclared earnings of rich in Japan hits file excessive
Japan Times – Feb 20
The undeclared earnings of rich individuals totaled Y83.9 billion within the yr by way of June 2022, up 72.3% from the previous yr and the very best annual stage since knowledge grew to become accessible within the yr to June 2010.
Japan to launch pilot programme for issuing digital yen
nasdaq.com – Feb 18
Japan will begin a pilot programme in April to check the usage of a digital yen, its central financial institution stated on Friday, becoming a member of a rising variety of international locations looking for to meet up with front-runner China in launching a central financial institution digital foreign money (CBDC).
Why Japan picked Ueda as BOJ head as an alternative of Amamiya
Nikkei – Feb 14
The Japanese authorities has determined to appoint economics professor and former Bank of Japan coverage board member Kazuo Ueda because the successor to Gov. Haruhiko Kuroda. The shock alternative got here after Deputy Gov. Masayoshi Amamiya, who was thought of the favourite, declined the supply due to two firmly held beliefs.
Packed with vacationers, Japan returns to financial development
nytimes.com – Feb 14
After greater than two years underneath a few of the world’s tightest border controls, Japan is as soon as once more open for enterprise. Tourist spots are packed. Hotels are booked out effectively upfront. And it’s getting more durable to get a seat at lots of the nation’s greatest eating places.
Japan’s debt time bomb to complicate BOJ exit path
brecorder.com – Feb 11
Japan’s ticking debt time bomb will possible complicate the following central financial institution governor’s activity of steering a clean exit from ultra-loose financial settings, with rising long-term rates of interest already forcing policymakers to amend finances projections.
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