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Japan Post Bank Picks Up Stocks As Yen Risks seen subdued

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JAPAN TODAY
 
TOKYO - Japan Post Bank has been buying local stocks since February’s major correction in global share prices, its chief investment officer said, as the risk of a spike in the yen, which would hurt stock valuations, is seen as limited.
However, Katsunori Sago said lingering economic...

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Japan-U.S. Trade Surplus Edges Up in April

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JAPAN TODAY
 
TOKYO - Japan's politically sensitive trade surplus with the U.S. edged up in April, government data showed Monday, after Tokyo warned it may take retaliatory measures against U.S. tariffs.
Japan logged a surplus in April of 615.7 billion yen ($5.6 billion) with the U.S., up 4.7 per...

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Fukushima Pref. Extends Reign for Best Sake Brands

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THE JAPAN NEWS
 
FUKUSHIMA (Jiji Press) — Fukushima Prefecture won the national sake title for the unprecedented sixth straight year, the National Research Institute of Brewing said Thursday.
The northeastern prefecture had the largest number of award-winning sake brands, including 19 that earned...

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Takeda, Shire Reach Agreement on Buyout

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THE JAPAN NEWS
 
Takeda Pharmaceutical Co. has agreed with Irish major drugmaker Shire PLC to start procedures for making the Irish company a wholly owned subsidiary, the Japanese firm announced Tuesday.
The total buyout price has reached about £46 billion (about ¥6.8 trillion) — the largest-ever...

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Major Japanese Companies Turn Their Eyes to LGBT Consumers

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JAPAN TODAY
 
TOKYO - Major retailers and manufacturers in Japan are beginning to pay greater attention to consumers who identify themselves as members of the lesbian, gay, bisexual and transgender (LGBT) community in serving customers and developing products.
According to a survey conducted by a...

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SoftBank's Son 'Not Involved' in Sprint, T-Mobile Merger Approvals

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JAPAN TODAY
 
TOKYO - SoftBank Group Corp's Chief Executive Masayoshi Son is not involved in trying to get the proposed merger of U.S. wireless carriers Sprint Corp and T-Mobile US Inc approved, Sprint's outgoing chief executive said on Thursday.
Marcelo Claure's comments dampen speculation Son m...

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Sake Breweries Increasing in Europe On Washoku Boom

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THE JAPAN NEWS
 
LONDON (Jiji Press) — Sake breweries are increasing in Europe thanks to the popularity of sushi and other washoku Japanese food.
A front-runner is Norwegian craft beer maker Nogne O, which invited a Canadian as brewmaster and started producing sake in 2010.
“Our brewmaster was ve...

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Rakuten Launches 'Rakuten Pet-Wari' Membership Program For Pet Owners in Japan

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JAPAN TODAY
 
TOKYO - Rakuten Inc has begun “Rakuten Pet-Wari,” a new membership program aimed at those enjoying life with pets.
The program is free to join and offers a range of benefits, from coupons to other offers and useful information.
After signing up and registering their pet’s informatio...

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Monex to Buy Hacked Crypto Exchange Coincheck for Y3.6 Billion

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JAPAN TODAY
 
TOKYO - Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the center of a 58 billion yen ($530 million) digital money heist, for 3.6 billion yen, the latest move by a mainstream finance firm into the cryptocurrency market.
Monex, Japan's No.3 onl...

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Japan-made Trains Arrive in Jakarta For 1st Subway

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THE JAPAN NEWS
 
JAKARTA (Jiji Press) — The first batch of new Japanese-made train cars to be used for Indonesia’s first subway system arrived at a North Jakarta port on Wednesday.
This marked the first import in some 20 years of new train cars into the Southeast Asian country, where many used tr...

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