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Japanese Automakers' Global Output Rises 2.7% In October

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JAPAN TODAY
 
Total global output by eight major Japanese automakers rose 2.7 percent from a year earlier to 2.44 million vehicles in October, continuing a gradual recovery from fallouts of the coronavirus pandemic, according to manufacturers' data.
The production increased for the second straigh...

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Japan To Give Tax Breaks For Foreigners To Attract Financial Experts

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KYODO NEWS
 
Japan plans to implement tax incentives for long-term foreign residents as part of efforts to turn the country into a major international financial hub, government sources said Wednesday.
Under the current system, Japan imposes an inheritance tax on foreigners' overseas assets if the...

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Japan Stocks Pop More Than 2%; Asia-Pacific Shares Mostly Rise Amid Vaccine Hopes

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CNBC
 
Investors continued to monitor positive momentum surrounding the race for a coronavirus vaccine.AstraZeneca said Monday interim analysis showed its coronavirus vaccine has an average efficacy of 70% in protecting against the virus.Meanwhile, news that U.S. President-elect Joe Biden has pic...

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Burger King releases its first-ever 'buns-free' burger in Japan

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JAPAN TODAY
 
This new release is like a double-patty burger with beef buns, or a vegetable burger with double-patty beef buns. Whatever way you choose to look at it, though, this limited-edition release is epic, as it’s said to be Burger King’s first-ever “buns-free” burger, and it packs a meaty...

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Japan's October Exports Almost Back To Pre-Pandemic Levels

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JAPAN TODAY
 
Japan's exports in October bounced back to just below the levels seen before the novel coronavirus pandemic, as global demand for products such as cars has risen in line with a gradual recovery in business activities, government data showed Wednesday.
Exports edged down 0.2 percent ...

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Airasia Japan Files For Bankruptcy In Latest Covid Casualty

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BANGKOK POST
 
AirAsia Japan Co has filed for bankruptcy with the Tokyo District Court after flagging last month it would cease operations in the country, as the coronavirus pandemic that’s wiped out travel globally took its toll.
Flights between Japan and destinations such as Bangkok will contin...

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Walmart Retreats From Japan By Selling Most Of Its Stake In Seiyu Supermarkets

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CNN
 
 
Walmart is retreating from Japan, giving up on a near 20-year attempt to crack the grocery market in the world's third largest economy.
Walmart (WMT) is selling most of its stake in Japanese supermarket chain Seiyu to KKR and Rakuten (RKUNF) in a deal that values Seiyu at 172.5 billion ye...

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Japan Gov't To Give Financial Aid For Shorter Hours As Virus Surges

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KYODO NEWS
 
The Japanese government will financially support shops and restaurants that are asked to shorten their business hours in order to curb the spread of the novel coronavirus, Prime Minister Yoshihide Suga said Monday.
Suga's pledge came as Hokkaido officials agreed to ask residents of S...

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Japan Economy Rebounds In 3Q

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ARKANSAS ONLINE
 
Private Spending, Exports Give Lift, But Full Recovery Said Far Off
 
Japan's economy grew at an annual rate of 21.4% in the past quarter in a recovery from the shocks of the pandemic driven by both private spending and exports.
The world's third-largest economy had logged three...

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Upcoming Honda Release Would Be Global First In Self-Driving Technology

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THE JAPAN NEWS
 
Honda Motor Co. says it will launch by the end of this fiscal year a vehicle with level 3 self-driving features, which would allow the automobile to take over operations under certain conditions and let drivers take their eyes off the road.
According to the Land, Infrastructure, ...

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