Kyodo Information Digest: Jan. 26, 2022

The subsequent is the most recent listing of selected information summaries by Kyodo Information.

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Japan to flag underpriced IPOs as antitrust regulation violation

TOKYO – The Japan Good Trade Commission will alert brokerage companies that underpricing original general public choices on the inventory exchange may well violate the antimonopoly law, resources common with the matter said Wednesday.

The JFTC is envisioned to warn from the follow in a report to be unveiled shortly in a bid to support newly mentioned corporations access sufficient funding by the marketplace. In Japan, share selling prices on the initially working day of trading generally enormously exceed IPO selling prices, with the arbitrage larger than that viewed in Europe and the United States.

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Toyota strategies to carry FY 2022 world wide output 22% to record 11 mil. units

NAGOYA – Toyota Motor Corp. options to rev up worldwide output to a report 11 million cars in the up coming fiscal year commencing in April, up 22 percent from the volume projected earlier for the present-day fiscal year, sources acquainted with the matter mentioned Tuesday.

The output plan compares with 9 million motor vehicles projected in September for the year by means of March 2022. But it is unclear no matter whether the automaker can progress with output as planned, as the projection assumes that a international semiconductor shortage caused amid the coronavirus pandemic will be resolved and the coronavirus pandemic will come less than handle, the sources claimed.

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U.S. eyes “powerful” export controls from Russia if Ukraine invaded

WASHINGTON – The U.S. authorities stated Tuesday it programs to impose “potent” export controls versus the giving of complex systems to Russia in the event of an invasion of Ukraine, although looking for approaches to tackle Europe’s vulnerability owing to strength reliance on Moscow.

The export regulate evaluate is remaining regarded as aspect of what the United States calls “large repercussions” Russia would face as a end result of aggression towards its neighbor nation. President Joe Biden mentioned later in the day he would also think about individually sanctioning Russian leader Vladimir Putin.

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Pfizer commences clinical analyze on basic safety of Omicron-focused vaccine

WASHINGTON – U.S. pharmaceutical big Pfizer Inc. and its German partner BioNTech SE explained Tuesday they are starting up a clinical study to appraise the safety of an experimental vaccine concentrating on the new Omicron variant of the coronavirus.

The review will be executed in adults aged 18 to 55 and will require up to 1,420 participants.

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S. Korea’s everyday COVID-19 scenarios surpass 13,000 on Omicron spread

SEOUL – South Korea on Wednesday claimed additional than 13,000 recently confirmed coronavirus cases as the Omicron variant carries on its immediate unfold, primarily in the Seoul metropolitan spot.

According to the Korea Sickness Control and Avoidance Agency, a whole of 13,012 persons analyzed positive for the coronavirus on Tuesday, up from a record 8,571 instances logged the preceding working day. A lot more than half of the instances verified Tuesday ended up in the funds and neighboring Gyeonggi Province.

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BOJ members see inflation going towards 2% goal, wage advancement important

TOKYO – Bank of Japan board users mentioned main buyer inflation will probably shift toward the bank’s concentrate on of 2 per cent and imagine the pattern can continue if wages improve, a summary of thoughts at a January financial plan assembly confirmed Wednesday.

Continue to, the objective is to ensure main consumer rates rise higher than 2 percent in a “stable” method and the existing intense monetary easing must be taken care of, some customers stated, shooting down expectations of a coverage transform in line with the United States and Europe that are moving towards coverage normalization to counter accelerating inflation.

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Japan univ. entrance exam query could have leaked during tests

TOKYO – A photographed image of a unified college entrance exam issue may well have been leaked by means of a video calling application throughout screening previously this thirty day period, prompting law enforcement to examine the incident as a circumstance of suspected dishonest, sources close to the make any difference said Wednesday.

The incident came to light-weight soon after a person who recognized himself as a University of Tokyo university student notified examination authorities that he experienced acquired the image of the problem on a world heritage exam through the Skype web telephony application when the assessment took location on Jan. 15, the resources said.

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Sumo: Mitakeumi formally promoted to ozeki, 6th oldest in heritage

TOKYO – Sekiwake Mitakeumi officially joined sumo’s next-best rank of ozeki after his promotion was made a decision by the Japan Sumo Association board of directors on Wednesday.

The 29-yr-previous, whose true identify is Hisashi Omichi, clinched his third job championship with a 13-2 document at the just-ended New Year Grand Sumo Event, and achieved 33 wins more than three straight tournaments which is a benchmark for ozeki marketing.


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