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EU-Japan Trade Deal Approved For 2019

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INDEPENDENT ONLINE
 
INTERNATIONAL – European Union and Japanese plans to form the world’s largest free trade area cleared their final hurdle on Wednesday when EU lawmakers backed a partnership set to enter force early next year.
The European Parliament voted 474 in favour to 156 against the agre...

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Japanese Firms See Trade War, Sales Tax Pressuring Economy In 2019: Poll

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JAPAN TODAY
 
TOKYO  -  Most Japanese firms expect flat or weaker domestic growth next year and are even more pessimistic about global growth amid concerns over the impact of the U.S.-China trade war and a planned sales tax hike at home, a Reuters poll shows.
"There's no doubt the sales tax incre...

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Tough Market for Streaming, Japan Gets Hi-Res Service From Sony Music

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BILLBOARD
 
 "I’m not sure this service will be successful," remarks a Sony Music Entertainment Japan executive on "mora qualitas," a collaboration with Rhapsody.
Sony Music’s new Japanese high-resolution streaming service may face an uphill battle in a market that’s been slow to embrace streamin...

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Japan Foods In Regional Tie-Up With Minor Singapore

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STRAITS TIMES
 
 
They will run each other's brands in Thailand, China and Japan
Catalist-listed Japan Foods Holding has teamed up with a fellow restaurant operator to run each other's brands in Japan, Thailand and China.
The collaboration involves creating a joint venture with Minor Singapore, a...

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Revenue At Japan's Rakuten Expected To Top 1 Trillion Yen

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ASIA NIKKEI
 
 
Online retailer expects to be 1st company founded after 1990 to reach milestone
TOKYO -- Japanese online retailer Rakuten expects its revenue to exceed 1 trillion yen ($8.85 billion) for the first time this year, some two decades after it was founded in 1997.
The company believes ...

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Japan Eases Conditions For Solar Power Subsidy Curbs

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THE JAPAN NEWS
 
TOKYO (Reuters) — The Japanese government has decided to relax the conditions for cutting solar power subsidies for projects that have not started operations following opposition from power producers and other firms.
The Economy, Trade and Industry Ministry in October had propose...

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Japan To Ramp Up Public Works Spending To Decade-High Next Year: Nikkei

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EURO NEWS
 
TOKYO (Reuters) - Japan will ramp up public works spending to a decade-high next fiscal year as part of efforts to ease the hit to its economy from a scheduled sales tax hike in October 2019, the Nikkei newspaper reported on Wednesday.
The government will spend over 3 trillion yen ($2...

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Japan Third Quarter Corporate Capex Up 4.5% Year-On-Year

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THE STAR ONLINE
 
TOKYO: Japanese companies raised spending on plant and equipment by 4.5 percent in July-September from the same period a year earlier, Ministry of Finance (MOF) data showed on Monday.
The data will be used to calculate revised gross domestic product figures due on Dec. 10.
A pre...

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Japanese Rice Increasingly Shipped Abroad As Domestic Demand Wanes

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JAPAN TODAY
 
TOKYO  - Japanese rice farmers are seizing on their chance to boost sales for their high-quality product, amid a fall in domestic demand and expected liberalization of trade rules.
Kazuya Terasawa, 66, plans to export about 10 percent of this year's output from his rice field in the...

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Nissan’s Old Guard Struck Back Against Their ‘Gaijin’ Saviour, and Japan Inc May Be The Worse For it

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THE STAR
 
THE Empire has struck back. Japan Inc and Nissan Motor last week struck back against the French government, carmaker Renault and Carlos Ghosn.
The narrative spun by Nissan and apparently condoned by Japanese authorities is that the former high-flying head of the Nissan-Renault-Mitsubis...

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