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Bank Of Japan Will Be 'Fully Prepared' To Act On Coronavirus Risk: Kuroda

  • Category:Other
BUSINESS STANDARD
 
Kuroda said there was no major change to the BOJ's projection that Japan's economy would keep recovering moderately thanks to an expected rebound in global growth around mid-year
The Bank of Japan will be fully prepared to take necessary action to mitigate the impact of the co...

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Outbreak, Economic Ills Dim Luster of Japan's Olympic Year

  • Category:Other
US NEWS
 
Japanese Prime Minister Shinzo Abe should be basking in the limelight this year in the run-up to the 2020 Tokyo Olympics.
TOKYO (AP) — Prime Minister Shinzo Abe should be basking in the limelight this year in the run-up to the 2020 Tokyo Olympics. Instead, the virus outbreak that has sp...

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Olympic Crowd Crush Expected As Japan Inc Rules Out Work From Home

  • Category:Other
JAPAN TODAY
 
TOKYO - When Emi Tanimura failed to find a daycare slot for her new-born daughter, she had to take a radical step for Japan to avoid a long time away from her job at communications firm Sunny Side Up. She started working from home.
Now a mother of two, she still works flexible hours...

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Walmart’s Struggling Japan Unit Finds Niche With Online Groceries

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Walmart Inc. might finally have found the sweet spot in Japan’s food market with a fast-growing venture ranked third in a nascent online grocery sector, as the brick-and-mortar stores it bought into two decades ago continue their search for profit.
The barely ye...

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Japan’s Largest Bank Invests Over US$700m In Grab

  • Category:Other
THE STAR
 
TOKYO: Japan’s Mitsubishi UFJ Financial Group Inc. is investing more than $700 million in Southeast Asian ride-hailing giant Grab, gaining access to millions across the region that use the mobile app to book cars and meals.
The Japanese financial institution intends to market a range o...

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Masayoshi Son's Big Real Estate Venture With Oyo Runs Into Real Problems In Japan

  • Category:Stay
JAPAN TIMES
 
Last March, months before the meltdown at WeWork, Masayoshi Son worked through the prospects for another one of his favorite portfolio companies — a startup from India called Oyo.
In a spacious conference hall at his Tokyo headquarters, the billionaire huddled with lieutenants from ...

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Asahi Says Korean Beer Boycott Cost It ¥3 Billion Last Year

  • Category:Gourmet
JAPAN TODAY
 
TOKYO - Japanese beer and beverage maker Asahi Group Holdings said Friday a South Korean consumer boycott of Japanese goods cost it around 3 billion yen ($27.32 million) last year.
“The impact is continuing in the current year,” Atsushi Katsuki, a senior Asahi executive told reporte...

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Clock Ticking For Nissan Boss Uchida To Revive Automaker

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Nissan’s new CEO Makoto Uchida doesn’t have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company’s boa...

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Japan's Economy Heading For Recession, And Germany Wobbles

  • Category:Other
THE GUARDIAN
 
International trade slump and coronavirus outbreak combine to weaken consumer demand
Japan’s economy is heading for a recession this year after figures showed the world’s third largest economy slumped by an annual rate of 6.3% during the last quarter of 2019.
Germany, the world’s f...

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Nissan Set To Scrap Year-End Dividends

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Nissan Motor Co.’s efforts to halt declines in key markets are faltering, forcing the automaker to cut its full-year profit outlook a second time and scrap its year-end dividend to investors, including top shareholder and partner Renault SA.
The partners have ...

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