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Yahoo Japan To Hire 100 Moonlighters For Strategic Planning

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NIKKEI ASIAN REVIEW
 
TOKYO -- Yahoo Japan, a subsidiary of Z Holdings, announced Wednesday that it will conclude work contracts by the end of September with more than 100 people employed by other companies but are allowed to hold side jobs.
The move is aimed at hiring workers of various backgrou...

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Indonesia Seeks To Renegotiate Trade, Investment Deal With Japan

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JAKARTA POST
 
The government is seeking to expand access to the Japanese market, reduce tariffs and liberalize the movement of workers in tourism through Indonesia-Japan Economic Partnership Agreement (IJEPA) renegotiations.
According to the Trade Ministry's bilateral negotiations director Ni Ma...

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Japan's Economy To Shrink 4.7% In 2020/21: BOJ

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JAPAN TODAY
 
TOKYO - Japan's economy will contract 4.7 percent in the year to March 2021, the central bank said Wednesday, projecting a recovery the following year but warning that deep uncertainty remains.
The fresh outlook, with policymakers giving a range of contraction from 5.7 to 4.5 percen...

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Japan's MUFG To Expand Lending Business In Thailand With Grab's Big Data

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REUTERS
 
TOKYO (Reuters) - Japan’s Mitsubishi UFJ Financial Group Inc (8306.T) will start lending to Grab users and drivers in Thailand to monetise its $706 million investment in the ride-hailing firm as growth in its home market slumps, its chief executive said.
MUFG agreed to invest in Grab in...

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Oyo Is Slashing Footprint and Headcount in Virus-Hit Japan

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BLOOMBERG QUINT
 
 
(Bloomberg) -- Oyo Hotels, one of the largest startups in SoftBank Group Corp.’s portfolio, is dramatically shrinking its footprint and headcount in Japan as bookings in the country plunge due to travel restrictions.
The Indian startup slashed its regional presence by closing ...

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One of Japan’s Largest Employers Plans to Cut Office Space by 50%

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BLOOMBERG
 
While much of Japan continues to debate the pros and cons of remote working, one of the country’s largest employers has made up its mind -- and it could be a bad sign for the office sector.
Fujitsu Ltd. said it will cut its office space in Japan by 50% over the next three years, encou...

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Haneda Airport Reopening In Japan After Coronavirus Closures

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THE JAPAN NEWS
 
The North Wing of Haneda Airport Terminal 1 reopened in full on Wednesday after a 2½-month closure amid the novel coronavirus.
Japan Airlines Co. resumed operations in the North Wing, where its domestic flights arrive and depart, and which had been closed since April 17 because o...

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JAL To Resume All Domestic Flights As Early As October

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JAPAN TODAY
 
TOKYO - Japan Airlines Co said Wednesday it is planning to fully restart its domestic flights as early as October amid signs of a recovery in travel demand, hit hard by the coronavirus pandemic.
JAL has already started increasing the number of domestic flights since the lifting in M...

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Pandemic Delays Yahoo Japan, Line Merger Past October

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US NEWS
 
The merger between online services Yahoo Japan and Line Corp. is getting pushed back to later than the scheduled October date because of the fallout from the coronavirus pandemic.TOKYO (AP) — Online services Yahoo Japan and Line Corp. said Tuesday the fallout from the coronavirus pandem...

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Japan Display Posts Net Loss For Sixth Year On Restructuring Costs

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JAPAN TIMES
 
Japan Display Inc. said Tuesday it posted a group net loss of ¥101.42 billion ($938 million) in fiscal 2019, a red ink figure for the sixth straight year, due to hefty restructuring costs and weak demand for products.
In a delayed earnings report due to the new coronavirus outbreak,...

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