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BOJ: Cryptocurrency Won’t Threaten Yen

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Bank of Japan Gov. Haruhiko Kuroda said on Tuesday cryptocurrencies likely won’t threaten legal tenders like the yen any time soon as they are mostly used for speculative trading, rather than as payments and settlement means.
Kuroda also said the BOJ was closely...

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Panasonic Upgrades Earnings Targets On Cheap Yen

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JAPAN TODAY
 
TOKYO - Japanese electronics giant Panasonic on Monday upgraded its annual earnings targets thanks to a weak yen and robust demand for its automotive products.
The Osaka-based company raised an annual profit forecast for the year to March to 210 billion yen ($1.9 billion), up from a...

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Toyota Posts 54% Jump in Q3 Profit, Lifts Full-year Forecast

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THE JAPAN NEWS
 
TOKYO (Reuters) — Toyota Motor Corp. lifted its full-year profit forecast by 10 percent on Tuesday after posting its best quarterly operating profit in two years, boosted by a weaker yen and strong sales at home.
The nation’s biggest automaker now expects operating profit to incr...

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Walmart, Rakuten Tie Up On e-books, Grocery Delivery Service

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JAPAN TODAY
 
TOKYO - U.S. retail giant Walmart and Japanese internet titan Rakuten have unveiled a strategic partnership which will include collaboration on digital books in the United States and grocery delivery in Japan.
The two firms will launch a new online grocery delivery service in Japan ...

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Beef Imports Post Meaty Gains in 2017

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THE JAPAN NEWS
 
TOKYO (Bloomberg) — The nation’s beef purchases are set to climb this year as growing demand for affordable meat counters the first rise in import duties in 14 years.
Beef imports are likely to increase to the highest level since 2001 after growing more than 10 percent last year,...

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Sony’s Aibo Revived After 12 Years

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — Sony Corp. on Thursday revived its “aibo” robot pet dog after a 12-year break, this time featuring artificial intelligence and communications functions.
The new version followed the first-generation aibo, which hit the market in 1999 with its production termi...

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Over 80% Of Major Japanese Companies Expect Economy to Grow in 2018

  • Category:Other
JAPAN TODAY
 
TOKYO - More than 80% of major Japanese companies surveyed expect the nation's economy to grow in 2018, citing a recovery in corporate capital investment and personal spending, but also remained cautious about hiking wages, the results of a Kyodo News survey showed Tuesday.
The perc...

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Business Leaders Feeling Positive About 2018 Economy

  • Category:Other
THE JAPAN NEWS
 
Japan’s top business leaders are feeling upbeat about the prospects for the nation’s economy during the upcoming year, according to a Yomiuri Shimbun survey.
Of 30 leaders of major companies surveyed, 28 said the economy is currently “recovering moderately” and 26 — nearly 90 per...

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Managers Must Understand Importance of Quality Control Over Short-term Profit

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan Accreditation Board President Yoshinori Iizuka has said managers at Japanese companies need to recognize the importance of product quality control, given recent irregularities at major
manufacturers.
“Focusing on short-term profits within a narrow scope...

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Japan's Jobless Rate Lowest Since 1993

  • Category:Other
JAPAN TODAY
 
TOKYO - Japan's unemployment rate in November dipped to its lowest level since November 1993, official data showed Tuesday, offering another sign that the world's third-largest economy is on track to recovery even if the place is slow.
Figures released by the government showed unemp...

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