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News
Mackerel slips out of reach in Japan as import prices more than triple in 5 years
1+ day, 14+ hour ago (571+ words) September 13, 2026 (Mainichi Japan) TOKYO -- Whether grilled or simmered in miso, mackerel has long been a staple of everyday meals in Japan. Since the beginning of this year, however, prices for imported mackerel have soared. Seafood industry officials lament that the…...
Japan temple lodgings on foreign tourist hotspot Mt. Koya underreported income: sources
4+ day, 13+ hour ago (336+ words) September 10, 2026 (Mainichi Japan) KOYA, Wakayama -- The Osaka Regional Taxation Bureau identified widespread income underreporting by religious corporations operating temple lodgings on Japan's popular tourist spot Mount Koya during tax investigations in fiscal 2025. The monk Kukai founded a sacred site of…...
Dollar briefly falls into 152 yen zone amid BOJ rate hike speculation
6+ day, 14+ hour ago (284+ words) September 8, 2026 (Mainichi Japan) TOKYO (Kyodo9 -- The U.S. dollar briefly fell into the 152 yen range in Tokyo on Tuesday morning, the first time since February, amid speculation that the Bank of Japan will decide on a rate hike at its policy meeting next…...
Year-round casual dress code introduced for gov't workers in Japan's Miyagi Pref.
1+ week, 4+ day ago (257+ words) September 3, 2026 (Mainichi Japan) SENDAI -- To create a comfortable and more pleasant working environment throughout the year, the Miyagi Prefectural Government in northeastern Japan has begun allowing its employees to dress casually year-round. At his regular press conference on Aug. 26, Miyagi…...
Editorial: With massive deficit spending looming, Japan must heed market's fiscal warning
1+ week, 5+ day ago (410+ words) September 2, 2026 (Mainichi Japan) The administration of Japanese Prime Minister Sanae Takaichi is sharply expanding public spending without regard for the country's enormous debt. Financial markets are growing increasingly uneasy over reckless policies, and long-term interest rates have topped the 3% threshold…...
Japan budget requests swell, stoking debt fears as long-term rates hit 30-year high
1+ week, 6+ day ago (297+ words) September 1, 2026 (Mainichi Japan) Markets are taking a wait-and-see approach for now. However, if concerns about deteriorating public finances grow during the upcoming budget-drafting process, they could trigger a sell-off in Japanese government bonds. Concerns spread through the Tokyo bond market…...
Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated
2+ week, 2+ day ago (958+ words) August 29, 2026 (Mainichi Japan) In his first high-profile speech at the Fed's annual conference in Jackson Hole, Wyoming, Warsh acknowledged that recent U.S. reports show that inflation has cooled a bit, but "they do not tell me that underlying trends have meaningfully…...
Editorial: Japan gov't linking defense buildup to growth risks runaway spending
2+ week, 6+ day ago (403+ words) August 25, 2026 (Mainichi Japan) The Defense of Japan 2026 white paper, the first of its kind under the Sanae Takaichi Cabinet, has been released. It argues that Japan must prepare for "new ways of warfare" that make use of drones and artificial…...