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Reality Check: Trump Claims He Can Strike A Trade Deal With Japan By May

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AXIOS
 
President Trump says he thinks he could strike a bilateral trade deal with Japan by the time he visits Tokyo in May. (Trump made this prediction during a Friday meeting at the White House with Japanese Prime Minister Shinzo Abe.)
Reality check: Multiple sources close to the U.S.-Japanese ...

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ANA, JAL Report Soaring Profits

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JAPAN TODAY
 
TOKYO - Japanese airlines ANA and JAL said Friday that soaring demand for international travel had boosted their bottom line as the country enjoys a tourism boom ahead of the 2020 Olympics.
ANA booked a record operating profit of 165 billion yen ($1.5 billion), up 0.3 percent on the...

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Japan March Jobless Rate Rises To 2.5%

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THE GUARDIAN
 
TOKYO (Reuters) - Japan's jobless rate rose in March while the availability of jobs held steady at a high level, government data showed on Friday, underscoring a tight labor market.
The seasonally adjusted unemployment rate rose to 2.5 percent, against economists' median forecast f...

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Japan Nuclear Plants Threatened With Closure Over Antiterrorism Measures

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THE JAPAN NEWS
 
The Nuclear Regulation Authority has decided to order power companies to shut down nuclear reactors if they have not had certain facilities, legally required as antiterrorism measures, completed by specified deadlines.
Nine reactors are currently online at five nuclear plants acr...

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Japanese Minister To Meet U.S. Treasury Secretary, Likely Discuss Currencies

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JOURNAL PIONEER
 
TOKYO (Reuters) - Japanese Finance Minister Taro Aso will meet U.S. Treasury Secretary Steven Mnuchin in Washington on Thursday, with discussions widely expected to touch on currency issues on the sidelines of trade talks.
Aso will brief reporters after the meeting, at around 4 ...

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Tokyo-Based Developer Of Laundry-Folding Robot Files For Bankruptcy

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JAPAN TIMES
 
A Tokyo-based developer of a laundry-folding robot filed for bankruptcy on Tuesday due to financial difficulties.
Seven Dreamers Laboratories Inc. released a statement saying that it had insufficient funds to continue the business despite its wish to provide unique products to consu...

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Softbank's Son Loses $130 Mil On Bitcoin: Report

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JAPAN TODAY
 
NEW YORK - Masayoshi Son, the billionaire founder of SoftBank Group Corp, made a huge personal bet on bitcoin just as prices for the digital currency peaked, losing more than $130 million when he sold out, the Wall Street Journal reported Tuesday, quoting people familiar with the ma...

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Convenience Stores Want You To Be Honest And Request To Pay Higher Sales Tax Rate

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JAPAN TODAY
 
TOKYO - It’s only been five years since sales tax in Japan jumped from five to eight percent, and consumers are set to get hit in the wallet again this fall. In October, the sales tax rate is scheduled to rise to 10 percent, although there are a few thankful exceptions.
For one, foo...

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Suzuki Recalls 2 Mil Vehicles In Japan Over Faulty Data, Improper Inspections

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JAPAN TODAY
 
TOKYO - Japanese small car manufacturer Suzuki announced Thursday it was recalling two million vehicles shipped domestically, citing improper inspections and a series of other faults including false fuel efficiency data.
The recall affects vehicles running for four years or less tha...

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Suzuki Announces Biggest-Ever Vehicle Recall Over Fradulent Factory Inspections

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THE JAPAN NEWS
 
Suzuki Motor Corp. has notified the transport ministry that it will recall about 2.02 million vehicles of 29 models following revelations of wrongdoing in vehicle inspections at factories.
This marked a record number of cars for a single recall notification, according to the Land...

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