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Chubu Airport To Add 2nd Runway

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THE JAPAN NEWS
 
Chubu Centrair International Airport in Tokoname, Aichi Prefecture, is planning to build a second runway that will allow tens of thousands more flights per year, it has been learned.
The runway would be built to the west of the current one, enabling the airport to handle as many ...

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Employment Rate For Japan's College Graduates Close To Record High At 97.6% Amid Labor Shortage

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JAPAN TIMES
 
The employment rate for job seekers who graduated from universities this spring stood at 97.6 percent, government data showed Friday, in the latest sign of a widespread labor shortage amid a graying population.
The employment rate for fiscal 2018, which ended in March, was the secon...

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Japan's Takeda Expects Binding Offers For Latam Business By End Of May: Sources

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REUTERS
 
SAO PAULO (Reuters) - Japan’s Takeda Pharmaceutical Co expects to receive binding offers for its Latin American business by the end of May, three sources with knowledge of the matter said.
Brazilian pharmaceutical group EMS is considered the front-runner in the process, but Blackstone-b...

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Entrepreneurs See Big Opportunities As Japan Begins A New Era

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FORBES
 
May 1, 2019, marked the start of a new era in Japan. The country celebrated the succession to the Chrysanthemum Throne of Emperor Naruhito, scion of the world’s oldest monarchy, and the beginning of the new imperial period, Reiwa. But there’s a lot more going on: the economy is experienc...

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Japan's FamilyMart Seeks Split From Chinese Partner

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FORTUNE
 
Japan’s FamilyMart—a 7-Eleven competitor in China—wants to part ways with its Chinese business partners, amid loosening foreign ownership restrictions for non-critical industries such as retail and consumer goods.
The move comes as China’s convenience-store market is set to grow by more...

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Nissan Forecasts Profit Will Drop To 11-Year Low

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THE JAPAN NEWS
 
YOKOHAMA (Reuters) — Nissan Motor Co. forecast a 28 percent plunge in its annual operating profit, setting it up for the weakest earnings in 11 years and underscoring its struggle to turn the page after the ouster of former Chairman Carlos Ghosn.
The lackluster outlook from Japan...

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OECD Report Recommends Japan Embrace Technological Innovation, Entrepreneurship To Expand Agricultural Productivity

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JAPAN TIMES
 
OSAKA - With Japanese food products becoming increasingly popular with foreign tourists, especially those from Asia, the country’s agricultural sector has a bright future if it can change its policies to embrace technological innovation and entrepreneurship, an OECD report on the co...

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Japan's Sharp To Return To U.S. TV Market, Regains Brand License

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ST. LOUIS POST-DISPATCH
 
TOKYO — Sharp Corp. will re-enter the U.S. TV market later this year, the Japanese electronics company said on Wednesday, adding it had effectively regained the license for its own TV brand sold to China's Hisense Group four years ago.
The move is part of Sharp's growth ...

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Softbank Expects Q4 Profit Rise; Vision Fund IPO Eyed

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THE JAPAN NEWS
 
TOKYO (Reuters) — SoftBank Group Corp. is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetize its almost $100 billion Vision Fund through an IPO.
SoftBank is considering taking the Saudi-back...

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Japanese Banks To Boost Fight Against Money Laundering

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JAPAN TIMES
 
The banking industry will strengthen efforts to prevent money laundering in preparation for the planned review of industry efforts by an international organization in the autumn.
Next month, MUFG Bank, a core unit of Mitsubishi UFJ Financial Group Inc., plans to terminate overseas r...

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