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Japanese Business Leaders Count On Reform Progress After Ruling Coalition's Victory

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JAPAN TIMES
 
 
Business leaders welcomed the ruling coalition’s victory in Sunday’s Upper House election, voicing hope that the government of Prime Minister Shinzo Abe will facilitate progress in improving social security programs and restoring fiscal health.
“In this fall’s extraordinary Diet s...

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Nissan To Cut 10,000 Jobs Worldwide: Report

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JAPAN TODAY
 
TOKYO - Japanese car giant Nissan plans to cut more than 10,000 jobs around the world as part of efforts to turn itself around, Kyodo News agency said Tuesday, citing company sources.
The additional cuts come on top of the 4,800 jobs Nissan announced in May it was trimming from its ...

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Coca-Cola Japan To Proceed With Full Launch Of Alcoholic Beverage Business

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JAPAN TIMES
 
Coca-Cola (Japan) Co. is preparing for its official entry into the nation’s alcoholic beverage market, company sources said Monday.
In May last year, the company launched a canned chūhai spirit-based product in the Kyushu region on a trial basis.
Coca-Cola (Japan) plans to sell the ...

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Japan Urges G-7 To Think Beyond Existing Rules In Dealing With Libra

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CNBC
 
Key PointsJapanese Finance Minister Taro Aso on Wednesday urged his G-7 counterparts to make a comprehensive assessment of Facebook’s Libra digital currency for any fresh challenges that could be overlooked by existing regulations.Facebook’s plan to launch a digital coin has met with criti...

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Japanese Govt Service To Provide Businesses With Quake Damage Estimates

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THE JAPAN NEWS
 
The government has decided to roll out a paid service that will send notifications of nationwide damage estimates to companies soon after major earthquakes in the Nankai Trough and elsewhere.
The National Research Institute for Earth Science and Disaster Resilience (NIED) will us...

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Half of Japan’s Senior Households Face Difficult Living Conditions

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NIPPON
 
The financial instability of post-retirement life has become a central issue in the upcoming House of Councillors election in Japan. Around half of the country’s senior households describe their own living conditions as “difficult.”
More than a quarter of Japanese households are headed b...

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Japan Display To Spin Off Smartphone Panels For More Funds

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NIKKEI ASIAN REVIEW
 
Apple's largest display supplier inches closer to reaching bailout goal
TOKYO -- Cash-strapped LCD maker Japan Display said Friday it will turn the company's smartphone panel business into a separate subsidiary and seek infusions of outside capital as the company scrambles t...

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Japan Firm Says $32m Missing In Cryptocurrency Hack

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JAKARTA POST
 
A Tokyo-based cryptocurrency exchange said Friday it had halted all services after losing cryptocurrency worth more than $32 million in the latest apparent hack involving virtual money.
Remixpoint said its subsidiary BITPoint Japan discovered overnight that about 3.5 billion yen ($...

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Two Of Japan's Largest Regional Banks Agree To Business Partnership

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JAPAN TIMES
 
The Bank of Yokohama and Chiba Bank, two of the country’s top regional banks, said Wednesday they have agreed to a business tie-up in a move that could trigger further realignment in the industry.
The move by the biggest and third-biggest regional lenders by assets comes as domestic...

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Japan Regional Bank Concordia Targets Comeback Abroad With Southeast Asia Foray

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JAPAN TIMES
 
One of Japan’s biggest regional banks is resuming an expansion overseas, 20 years after the country’s financial crisis forced it to retreat.
Concordia Financial Group Ltd. plans to expand in Asia to offer cash management services to its Japanese corporate clients and infrastructure ...

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