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Japan's Factory Output Rebounds, But Retail Sales Slow As Trade War Risks Grow

  • Category:Other
REUTERS
 
TOKYO (Reuters) - Japan’s industrial output rebounded in April, though retail sales grew at a slower pace, suggesting that both domestic and external demand could come under severe pressure in a blow to the economy as a Sino-U.S. trade war intensifies.
Analysts caution that it is too ea...

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In Latest Snub For Huawei, Japan's Softbank Chooses Nokia And Ericsson For 5G Network

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JAPAN TIMES
 
SoftBank Group Corp.’s Japanese telecom unit has selected Nokia Oyj and Ericsson AB as vendors for its next-generation wireless network, excluding longtime supplier Huawei Technologies Co.
SoftBank Corp. named Nokia as a strategic partner for its 5G rollout and Ericsson as a supplie...

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Japan Business Lobby Urges Sales Tax Hike To Proceed As Planned

  • Category:Other
REUTERS
 
TOKYO (Reuters) - The head of a Japanese business lobby said a planned sales tax hike should proceed in October to sustain the social security system for a rapidly ageing population, despite calls from elsewhere to postpone it given growing economic challenges.
The intensifying Sino-U.S...

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Nissan CEO Sees No Big Downside To FCA-Renault Merger

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JAPAN TODAY
 
TOKYO - Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA), it said on Wednesday in a lukewarm endorsement of the proposed $35 billion tie-up, which would complicate an already uneasy alliance.
The leaders of Nissan Motor Co, France's Renault...

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Malaysia Airlines, JAL Ink Joint Business Agreement

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THE STAR ONLINE
 
KUALA LUMPUR: Malaysia Airlines Bhd (MAB) and Japan Airlines (JAL) have inked a MoU to pursue a joint business agreement to enhance the quality of services provided by both carriers on flights between Malaysia and Japan.
MAB said on Monday both carriers would also seek to cooper...

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In Japan, Trump Pushes A Hard Line On Trade — And A Soft Line On North Korea

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VOX
 
Trump said recent North Korean missile tests are nothing to worry about, and that he wants “fairness and reciprocity” in a US-Japan trade deal.
President Donald Trump arrived in Japan Saturday for a state visit with the country’s leaders, including its new emperor, but launched his trip wit...

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Few Japanese Firms Plan To Hire Foreign Workers Under New Immigration Law, Poll Suggests

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JAPAN TIMES
 
 
Only 1 in 4 Japanese companies plan to actively employ foreign workers under a new government immigration program, a poll has found, complicating Prime Minister Shinzo Abe’s efforts to ease the country’s tightest job market in decades.
Also, the bulk of the firms that may hire imm...

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Japan Exports Fall Again As Trump's Trade Policy Threatens Economic Outlook

  • Category:Other
THE STAR
 
TOKYO: Japanese exports contracted for the fifth month in April due to a slump in shipments of chip-making equipment to China, underlining the growing threat to the world's third-biggest economy from a bruising Sino-U.S. trade war.
Data also showed Japan's trade surplus with the United...

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Foreign Worker Influx Presents Business Opportunity In Japan

  • Category:Other
NEWS ASIA NETWORK
 
Service industry businesses catering to foreign workers are popping up all over Japan
As companies hurry to prepare for the acceptance of foreign workers that they hope will solve their labor shortages, other businesses are offering services to help foreigners obtain visas und...

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Japan-Based Yakitori Chain to Open First U.S. Location Near Boston

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EATER BOSTON
 
Tori Jiro joins the list of forthcoming restaurants at Watertown’s Arsenal Yards development
Watertown’s Arsenal Yards development (485 Arsenal St.) — which, once completed, will feature retail, offices, apartments, and more — announced another addition to its restaurant lineup tod...

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