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Japanese retailer Muji is betting on its value-for-money skincare products to drive growth at home and abroad. These items, featuring simple formulations and transparent labeling, have doubled in revenue recently. The company targets a significant operating profit increase by 2028.

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Japan's Prime Minister Sanae Takaichi has pledged government support for massive investment in shipbuilding as part of a stimulus package. The move aims to build a robust economy through public and private spending, emphasizing crisis management and growth investments. Plans also include ramping up rare earth trial production near Minamitori Island amid China's tightened export controls.

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