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Job Losses Loom As Vanguard Group Closes Hong Kong, Japan Operations
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BUSINESS STANDARD
US asset manager Vanguard Group will close its Hong Kong and Japan operations and cut jobs across both locations as it shifts its Asian headquarters to Shanghai, it said on Wednesday.
The largest mutual fund company, with roughly $6 trillion in assets under management, said in...
US asset manager Vanguard Group will close its Hong Kong and Japan operations and cut jobs across both locations as it shifts its Asian headquarters to Shanghai, it said on Wednesday.
The largest mutual fund company, with roughly $6 trillion in assets under management, said in...
- August 27, 2020
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Honda Motor Units To Pay $85 Million To Settle U.S. States' Probe Over Takata Air Bags
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REUTERS.UK
NEW YORK (Reuters) - Units of Honda Motor Co (7267.T) have agreed to pay $85 million to settle an investigation by most U.S. states into its use of defective Takata airbag inflators in its vehicles, according to a consent order made public on Tuesday.
The state probes are connected w...
NEW YORK (Reuters) - Units of Honda Motor Co (7267.T) have agreed to pay $85 million to settle an investigation by most U.S. states into its use of defective Takata airbag inflators in its vehicles, according to a consent order made public on Tuesday.
The state probes are connected w...
- August 26, 2020
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Coronavirus Crisis Threatens To Unravel Japanese Artist's Kimono Ambitions
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JAPAN TODAY
TOKYO - Japanese artist Hiroko Takahashi fought through sexism and suspicion from traditional kimono artisans to establish a globally known brand that sold hundreds of her original garments every month - until the coronavirus devastation hit.
Takahashi has tried to regroup by sellin...
TOKYO - Japanese artist Hiroko Takahashi fought through sexism and suspicion from traditional kimono artisans to establish a globally known brand that sold hundreds of her original garments every month - until the coronavirus devastation hit.
Takahashi has tried to regroup by sellin...
- August 25, 2020
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Exclusive: UK-Japan Trade Deal In Doubt For Monday's Deadline
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CITY AM
Doubts are growing in Whitehall that a UK-Japan trade deal will be completed by next week’s deadline, despite Downing Street saying just yesterday the target would be met.
The Prime Minister’s official spokesman told journalists yesterday that Boris Johnson expected the deal to be close...
Doubts are growing in Whitehall that a UK-Japan trade deal will be completed by next week’s deadline, despite Downing Street saying just yesterday the target would be met.
The Prime Minister’s official spokesman told journalists yesterday that Boris Johnson expected the deal to be close...
- August 25, 2020
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Japan Running Out Of Credit Card Numbers Amid Online Shopping Boom
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THE GUARDIAN
Japan is running out of credit card numbers amid a surge in online shopping during the coronavirus pandemic.
The country’s credit card companies are struggling to come up with original 16-digit numbers as consumers eschew regular shop visits and opt for plastic over hard cash, the ...
Japan is running out of credit card numbers amid a surge in online shopping during the coronavirus pandemic.
The country’s credit card companies are struggling to come up with original 16-digit numbers as consumers eschew regular shop visits and opt for plastic over hard cash, the ...
- August 24, 2020
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Japan Museum Portrays Coronavirus Pandemic Life Through Everyday Things
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BUSINESS STANDARD
Takeout menus. Directions for attending a funeral. A leaflet from a local shrine, announcing the cancellation of summer festivalsTakeout menus. Directions for attending a funeral. A leaflet from a local shrine, announcing the cancellation of summer festivals.
These humble, ev...
Takeout menus. Directions for attending a funeral. A leaflet from a local shrine, announcing the cancellation of summer festivalsTakeout menus. Directions for attending a funeral. A leaflet from a local shrine, announcing the cancellation of summer festivals.
These humble, ev...
- August 20, 2020
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Japan's Low Jobless Rate Masks Deepening Worker Despair
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JAPAN TODAY
TOKYO = Japan's low unemployment rate on paper suggests an economy weathering the coronavirus reasonably well, but official figures belie worsening prospects for the country's army of temporary workers, who make up about 40% of the jobs market.
A rise in job losses would undermine o...
TOKYO = Japan's low unemployment rate on paper suggests an economy weathering the coronavirus reasonably well, but official figures belie worsening prospects for the country's army of temporary workers, who make up about 40% of the jobs market.
A rise in job losses would undermine o...
- August 18, 2020
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Japan Officials Explored Possibility Of Nissan-Honda Merger
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MAINICHI
LONDON (Kyodo) -- Japanese government figures tried to bring Nissan Motor Co. and Honda Motor Co. to the table for merger talks this year, but the project fizzled out due to the companies' rejection of the idea, the Financial Times reported Sunday.
The suggestion was made to the major ...
LONDON (Kyodo) -- Japanese government figures tried to bring Nissan Motor Co. and Honda Motor Co. to the table for merger talks this year, but the project fizzled out due to the companies' rejection of the idea, the Financial Times reported Sunday.
The suggestion was made to the major ...
- August 18, 2020
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Japan’s Economy Contracts 7.8 Percent, Worst Decline on Record
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NEW YORK TIMES
Japan’s economy shrank by 7.8 percent in the second quarter of the year, posting its worst performance on record as the coronavirus pandemic ground economic activity to a near halt in April and May.
The nosedive in output in the three-month period — an annualized drop of 27.8 per...
Japan’s economy shrank by 7.8 percent in the second quarter of the year, posting its worst performance on record as the coronavirus pandemic ground economic activity to a near halt in April and May.
The nosedive in output in the three-month period — an annualized drop of 27.8 per...
- August 17, 2020
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Coronavirus: Japan Suffers Its Biggest Economic Slump On Record
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BBC
The world’s third largest economy saw gross domestic product fall 7.8% in April-June from the previous quarter, or 27.8% on an annualised basis.
Japan was already struggling with low economic growth before the crisis.
The figures released on Monday are a stark reminder of the severe financi...
The world’s third largest economy saw gross domestic product fall 7.8% in April-June from the previous quarter, or 27.8% on an annualised basis.
Japan was already struggling with low economic growth before the crisis.
The figures released on Monday are a stark reminder of the severe financi...
- August 17, 2020
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