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Japan’s Furusato Nozei System Creates ¥863B Deficit for Municipalities, June 13
Japan’s furusato nozei system created ¥863 billion municipal deficit in 2024 as tax deductions and fees exceeded donations, prompting audit review.
Dollar-Yen Hits 160.59 as BOJ Prepares 1% Rate Hike, June 13
Dollar-yen rises to 160.59 as BOJ prepares 1% rate hike while FOMC holds steady. Geopolitical easing supports yen. Watch central bank messaging.
Biel Power Outage Cuts City June 12, Hospitals Unaffected
Biel power outage on June 12 caused by equipment failure at Mett substation. Most areas restored within 48 minutes. No injuries reported.
Stadler Rail Unveils New SBB Freight Locomotive, June 13
Stadler Rail and SBB unveil EURO DuFour freight locomotive with 15% lower energy consumption and 20% less rail wear.
Beisia Opens First Discount Store “Kokotoku” on June 12
Beisia opens discount supermarket “Kokotoku” in Saitama June 12, with 1-2 decade lower prices. Plans 5 stores in 2 years.
Hamburg Airport Security Breach: Accidental Button Press Halts Flights, June 13
Hamburg Airport evacuated after passenger accidentally pressed emergency button. Flights delayed for hours as police searched the secure area.
NTT Docomo dCard Adds Google Pay Support on Android, June 13
NTT Docomo’s dCard now supports Google Pay on Android, enabling contactless payments at Visa/Mastercard retailers and public transit across Japan.
Japan Summer Bonus Hits 47.7万円, 5-Year High on June 13
Japan’s 2026 summer bonus averages 47.7万円, up 1.8万円 from last year. 37.1% of firms increase payouts amid wage pressure.
Japan’s February Election Ruled Constitutional Despite 2.1x Voting Disparity
Tokyo and Fukuoka high courts ruled Japan’s February 2026 election constitutional despite 2.1x voting disparity. 15 of 16 lawsuits rejected.