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Mitsubishi Heavy Says MRJ Passenger Plane Set For Mid-2020 Delivery

  • Category:Other
THE JAPAN NEWS
 
The Mitsubishi Regional Jet (MRJ) — Japan’s first domestically produced passenger jet — will be delivered as per its revised schedule, according to Mitsubishi Heavy Industries, Ltd.
Delivery of the MRJ has been postponed five times due to design changes, so there has been concern...

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Walmart Japan's New CEO: Seiyu 'Absolutely' Not For Sale

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CHANNEL NEWS ASIA
 
The newly appointed chief executive of Walmart Inc's Japanese supermarket chain Seiyu on Monday denied the business was up for sale, following reports last year that the U.S. retail giant was looking for a buyer.
TOKYO: The newly appointed chief executive of Walmart Inc's Japa...

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Era Change Brings Y2K-Like Computer Dilemma To Japan

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THE JAPAN TIMES
 
Companies in Japan have a little more than six weeks to revamp their computer software to respond to the country’s first era change in the digital age when a new Emperor is enthroned on May 1.
The Ministry of Economy, Trade and Industry, or METI, is calling on companies to check...

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Small Firm Shows Scars Of China’s Economic Woes

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THE JAPAN NEWS
 
JOETSU, Niigata (Reuters) — In snow country along Japan’s northern coast, a small manufacturer of precision molds is feeling the pain of China’s economic slowdown.
Orders have slowed to a trickle at Nagumo Seisakusho Co., which supplies big auto-parts makers such as Denso Corp. a...

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Japan To Crack Down On Struggling Regional Banks

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NIKKEI ASIAN REVIEW
 
Many lenders that serve localities have scant prospects of improvement
TOKYO -- Regional banks in Japan that are barely getting by will soon face even greater pressure from the government to overhaul operations in an effort to grapple with a sector battered by shrinking popu...

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Companies Offer Smaller Pay Increases Amid Sputtering Economy

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JAPAN TODAY
 
TOKYO - Big Japanese firms offered smaller pay increases at annual wage talks on Wednesday as the economy sputters, tempering hopes that domestic consumption will offset external risks to growth.
Major firms are set to raise wages for a sixth straight year as Prime Minister Shinzo A...

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Japan Sees Global Growth Risks Persisting On Trade War, China Slowdown

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JAPAN TODAY
 
TOKYO - Downside risks in the global economy are likely to persist over the medium to long term, pressured by the Sino-U.S. trade war and a slowdown in China, Japan's top financial diplomat said.
Masatsugu Asakawa, vice finance minister for international affairs, said he hoped Washi...

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Personal Seals Lose Ground As Big Japanese Banks Stop Using 1800s Technology

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THE JAPAN TIMES
 
 
It has taken more than a century, but Japanese banks are finally parting ways with a piece of technology that hasn’t felt cutting edge since the shogun reigned.
Hanko, the personal stamps required for even simple transactions in the country since the 1800s, are getting phased ...

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Japan's Coincident Index Suggests Economy At "Turning Point"

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THE STAR
 
TOKYO (Reuters): Japan's coincident indicator index fell for a third straight month in January, prompting the government to downgrade its outlook on Thursday as the index indicated the economy could have reached the peak of its long-term business cycle.
Calculated from a range of data,...

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Nissan Wary Of Ghosn Rekindling Coup Theory

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THE JAPAN NEWS
 
Nissan Motor Co. has been wary of renewed criticism toward it since its former Chairman Carlos Ghosn was released on bail Wednesday.
Ghosn is said to believe that his arrest was the result of a coup carried out by senior Nissan officials who were against his plan to integrate Nis...

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