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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.
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.
Nauru Votes on Name Change to Naoero, Reclaiming Indigenous Identity
Nauru prepares for referendum to change its official name to Naoero, reclaiming its indigenous identity and rejecting colonial-era naming.
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.
Ito-Yokado Expansion Signals Japan Retail Shift, June 13
Ito-Yokado expands Kanagawa stores with enhanced cashless payment options as Seven & i Holdings pursues digital-first retail strategy.
Sensex Surges 1,695 Points as Oil Falls Below $90 on Iran Peace Deal, June 13
Sensex surged 1,695 points to 75,527 and Nifty50 gained 461 points to 23,623 on June 12 as crude oil fell below $90 following US-Iran peace signals.