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Japanese Parent Company Pulls Plug On Albemarle & Bond Over Brexit

  • Category:Other
THE GUARDIAN
 
Daikokuya Holdings seeks buyer after branches of UK pawnbrokers were shuttered last week
The Japanese company behind the pawnbroker Albemarle & Bond pulled the plug on the business amid concern that its losses would increase after Brexit, it has emerged, shedding light on the myste...

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S Korean Beer Imports From Japan Plunge 97%

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JAPAN TODAY
 
SEOUL - South Korean imports of Japanese beer slumped almost to zero last month in the face of a consumer boycott sparked by a bitter trade and historical dispute between Seoul and Tokyo, data showed Monday.
Japanese companies shipped $223,000 worth of beer to South Korea in August,...

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Democratic Republic Of Congo Boosts Business Ties With Japan

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EURO NEWS
 
Top African business leaders joined heads of state and government at the seventh Tokyo International Conference on African Development.
Their presence at the summit in Yokohama highlighted a shift in policy, as Tokyo changes its focus on Africa from aid to investment.
Japan has long b...

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Japanese Beef Exports To U.S. Set To Expand

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THE JAPAN NEWS
 
Japan and the United States have agreed to scrap a 200-ton annual low-tariff quota for Japanese beef exports under a new bilateral trade agreement reached in principle, The Yomiuri Shimbun has learned.
Under the agreement, Japanese beef would be subject to a different low-tariff ...

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Yahoo Japan making tender offer for retailer Zozo at $3.7B

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AIRDRIE TODAY
 
TOKYO — Yahoo Japan Corp. announced a tender offer worth an estimated 400 billion yen ($3.7 billion) for Zozo Inc., a Japanese online retailer started by a celebrity tycoon.
Zozo Chief Executive Yusaku Maezawa told reporters Thursday at a Tokyo hotel that he was stepping down to d...

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Wework Presses On With IPO, Pushing Softbank Into Corner

  • Category:Other
THE JAPAN NEWS
 
Reuters - Office-sharing start-up WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group, with a stark choice: take a haircut or pony up even more cash.
The We Company, WeWork’s pa...

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Japanese Gov't Backs Nissan CEO Saikawa's Resignation

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JAPAN TODAY
 
TOKYO - The Japanese government on Tuesday supported Nissan Motor Co CEO Hiroto Saikawa's decision to resign for accepting millions of yen in extra remuneration, saying it shows the carmaker's new corporate oversight reforms are functioning.
"The resignation proves that corporate go...

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Japan Wins Partial WTO Victory In South Korea Duties Case

  • Category:Other
CHANNEL NEWS ASIA
 
GENEVA: The World Trade Organisation on Tuesday (Sep 10) largely faulted South Korea in a final ruling over anti-dumping duties slapped on imports of industrial pneumatic valves imported from Japan.
The WTO's Appellate Body mostly upheld a previous ruling finding that Seoul's ...

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Japan’s Economy Grows at Slower Pace as Capex Proves Less Strong

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BLOOMBERG
 
Japan’s economy expanded at a slower pace in the second quarter than initially reported, as growth in business investment proved less robust than first thought.
Gross domestic product grew at an annualized pace of 1.3% in the three months through June from the previous quarter, revise...

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JR East, Japan’s Largest Train Operator, Opening Shops In Thomson-East Coast Line MRT Stations

  • Category:Other
MOTHERSHIP
 
JR East, a.k.a. East Japan Railway Company, will open retail shops in 27 of the 32 stations on the future Thomson-East Coast Line (TEL).
Assorted Japanese media (here and here) reported that Japan’s largest train operator will operate the retail space that may house Japanese tenants....

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