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Saudi Arabia To Reinforce Logistical Ties With Japan

  • Category:Other
BUSINESS WIRE
 
TOKYO -- The Saudi Logistics Hub, a government initiative mandated to drive the growth of the country’s logistics sector, held its first global roadshow in Tokyo.
The roadshow, held on December 5 at The Palace, drew the participation of business leaders from the logistics sector, ...

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Govt Upgrades GDP Growth As Strength Absorbs Hit From Trade

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THE JAPAN NEWS
 
TOKYO (Reuters) — Japan’s economy expanded at a much faster pace than initially reported in the third quarter, as resilient domestic demand and business spending offset the hit to growth from falling exports and global trade tensions.
Gross domestic product grew an annualized 1.8...

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Japan's Current Account Surplus Rises 38%

  • Category:Other
JAPAN TODAY
 
TOKYO - Japan's current account surplus rose 38.0 percent in October from a year earlier, as imports dropped faster than exports amid falling crude oil prices and the prolonged U.S.-China trade conflict, government data showed Monday.
The country's surplus in the current account cam...

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Softbank And University Of Tokyo To Open Business-Oriented AI Research Centers

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JAPAN TIMES
 
SoftBank Corp. and the University of Tokyo have agreed to open artificial-intelligence centers staffed with specialists from the university and around the world, to swiftly turn research into profitable business ventures so Japan can keep up with the U.S. and China.
“If they are stu...

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Apollo Global Taps Bain Capital Veteran To Lead Its Japan Business

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PION LINE
 
Tetsuji Okamoto will join Apollo Global Management in Tokyo on Monday as a partner and head of Japan, according to a company announcement.
The role is new. He will report to Steve Martinez, senior partner and head of Asia-Pacific.
Mr. Okamoto comes to Apollo from Bain Capital in Tokyo...

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Private Equity Firm Apollo Hires Bain Executive To Launch Japan Business

  • Category:Other
NASDAQ
 
TOKYO/HONG KONG, Dec 5 (Reuters) - Private equity firm Apollo Global Management has hired a former executive from rival Bain Capital to head its operations in Tokyo, becoming the latest global fund to set up shop in Japan, five people with knowledge of the matter said.
Apollo has hired T...

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Japan's Households Tighten Purse Strings As Sales Tax, Typhoon Hit

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REUTERS
 
TOKYO (Reuters) - Japanese households cut their spending for the first time in almost a year in October as a sales tax hike prompted consumers to rein in expenses and natural disasters disrupted business.
Household spending dropped 5.1% in October from a year earlier, government data sh...

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Heat-Not-Burn Tobacco Competition Heats Up Before Law Revision

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Competition is intensifying in Japan’s fast-growing market for heat-not-burn tobacco products, which account for over 20% of the country’s overall tobacco sales, including cigarettes.
While the number of tobacco users in Japan has halved over the last three d...

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Hokkaido Pulls Out Of Integrated Resorts Race In Japan

  • Category:Other
STRAITS TIMES
 
TOKYO - Hokkaido has withdrawn from the stiff race to host one of Japan's first three integrated resorts (IRs), becoming the first prefecture that had previously cited interest to pull out.
Japan's northernmost island and largest prefecture has long earmarked a district in Tomakom...

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End Of An Era As Japan's Panasonic Exits Chip Business

  • Category:Other
RAPPLER.COM
 
Panasonic is offloading its subsidiary, Panasonic Semiconductors Solutions, to Taiwan's Nuvoton, with the sale scheduled to take place in June
TOKYO, Japan – Japanese electronics giant Panasonic said Thursday, November 28, it was exiting the semiconductor business, selling its loss-...

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