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Softbank Back In Black With ¥1.26 Tril Profit After Record Losses

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JAPAN TODAY
 
TOKYO - SoftBank Group on Tuesday reported a 1.26 trillion yen ($12 billion) quarterly net profit to June, recovering from eye-watering losses as tech stocks rally and the firm sheds assets to shore up its finances.
The results will be a relief for chief Masayoshi Son, who has faced...

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Cheese Could Drive A Wedge Between The UK And Japan In Trade Talks

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CNN
 
Cheese exports worth less than $150,000 could be holding up a trade deal between Britain and Japan.
Since Brexit, the UK government has struggled to replicate the trade agreements it once enjoyed with dozens of countries around the world as an EU member.
Now talks with Japan, Britain's four...

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Japan's Service Sector Sentiment Improves In July

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THE CHRONICLES HERALD
 
TOKYO (Reuters) - Japan's service sector sentiment index rose in July, a Cabinet Office survey showed on Tuesday, showing some improvement in business confidence although concerns persist over the impact of the COVID-19 pandemic.
The survey of workers such as taxi drivers,...

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Japan's Saizeriya Restaurant 'Develops' Face Mask To Wear When Eating

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JAPAN TIMES
 
Japanese restaurant chain operator Saizeriya Co. has “developed” a face mask for use when eating and drinking, possibly a boon to eateries around the world hit hard by social distancing necessitated by the coronavirus.
The method unveiled by the Italian restaurant chain Friday in a ...

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Toyota Warns Of 64% Drop In Full-Year Net Profit

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JAPAN TODAY
 
TOKYO - Toyota on Thursday warned of a 64 percent drop in full-year net profit and reported a slump in quarterly earnings, as the coronavirus pandemic shreds the global auto market.
Japan's top car maker, which had previously declined to give a bottom-line forecast because of ongoin...

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Japan’s Locked Borders Shake the Trust of Its Foreign Workers

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NEW YORK TIMES
 
A pandemic policy that bars re-entry for many permanent and long-term residents has upended many lives and undercut Tokyo’s efforts to woo global capital and talent.
TOKYO — When Jeff Mazziotta, a director of a nonprofit wildlife conservation organization, left Japan for South Af...

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Bank Of Japan May Extend Corporate Support Amid Pandemic

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THE JAPAN NEWS
 
Bank of Japan Gov. Haruhiko Kuroda said the central bank could extend its support for companies’ cash flow management “if deemed necessary,” hinting that the BOJ may extend the original deadline of March 2021 for this aid, launched in response to the surge in infections of the no...

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Summer Bonuses At Major Japan Firms Down 2.17 Percent

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JAPAN TIMES
 
The average summer bonus at major Japanese companies this year dropped 2.17 percent from a year earlier to ¥901,147, a Japan Business Federation survey showed Wednesday.
The average amount fell for the second consecutive year reflecting the global economic slowdown and the novel cor...

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It's Time To Reset Japan's Digital Infrastructure

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JAPAN TIMES
 
This is the second installment of a series in collaboration with the World Economic Forum’s Centre for the Fourth Industrial Revolution (C4IR) Japan, which will explore how the coronavirus pandemic has revealed the need for a reset of the world’s economic and social systems.
Japan i...

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JETRO To Help Companies Export Refined Made-In-Japan Crafts Online

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KYODO NEWS
 
A Japanese government-linked organization will help local companies export made-in-Japan refined crafts including stationery, furniture and accessories through online business meetings with overseas buyers amid the coronavirus pandemic.
The Japan External Trade Organization has picke...

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