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Japan's Extended Fall In Machinery Orders Bodes Ill For Business Spending

  • Category:Other
JAPAN TIMES
 
Machinery orders sank again in October in a fresh sign that business spending, previously one of the few points of strength in the world’s third-largest economy, is stalling as slumping exports bruise investment appetite.
Core machinery orders fell 6.0 percent in October from the pr...

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Seven-Eleven Japan To Close 50 Tokyo Stores For New Year's Day To Save Labor

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THE MAINICHI
 
TOKYO -- Seven-Eleven Japan Co. announced on Dec. 11 that it will close about 50 outlets in the capital for New Year's Day as part of a work-reduction experiment.
The major convenience store chain decided on the move after receiving requests from some owners of its franchise stores...

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Japan Big Manufacturers' Business Mood Sours To Over Six-Year Low: BOJ Tankan

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THE GUARDIAN
 
TOKYO (Reuters) - Japanese big manufacturers' business mood was at its bleakest in nearly seven years in the fourth quarter, a closely watched central bank survey showed, as the U.S.-China trade war and soft global demand weighed on the export-reliant economy.
Non-manufacturers' bu...

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Confidence At Big Japanese Firms At Three-Year Low, Hit By China Slowdown And Tax Hike

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JAPAN TIMES
 
Business sentiment among large Japanese companies fell to its lowest level in three years in the October-December quarter, hit by a slowdown in the Chinese economy and the consumption tax hike at home, a government survey showed Wednesday.
The confidence index covering firms capital...

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Japan To Double Wagyu Beef Output Amid Rising Overseas Demand

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JAPAN TODAY
 
TOKYO - The Japanese government said Tuesday it hopes to double the country's output of wagyu beef, known for its tenderness and marbled fat, to 300,000 tons by fiscal 2035 amid rising overseas demand.
Under the goal, which is part of a government program to support domestic farmers...

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Saudi Arabia To Reinforce Logistical Ties With Japan

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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%

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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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