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Japanese Businesses See Economy Peaking Out, Want More Stimulus

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JAPAN TODAY
 
TOKYO - Japan's economy is likely to stop expanding this year and into next with the Sino-U.S. trade war and a planned sales tax hike expected to crimp activity, a Reuters poll of Japanese companies found, with most calling for fresh stimulus to prop up growth.
The gloomy outlook su...

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Japanese Mob Muscles Into Bubble Tea Sector

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ASIA TIMES
 
When you join the cool kids and pay US$5 for that cup of trendy bubble tea in Tokyo, are you making a financial contribution to the yakuza, Japan’s notorious gangster fraternities?
This is a question many have been asking recently after the weekly magazine Shukan Post ran a story ent...

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BOJ Likely To Sit Tight For Now Despite Talk Of Further Easing

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THE JAPAN NEWS
 
TOKYO (Bloomberg) — The Bank of Japan is widely expected to leave its stimulus unchanged Thursday within hours of the Federal Reserve’s policy decision though speculation is growing that Fed moves could nudge the BOJ to take action later this year.
While all of 50 economists surv...

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Uniqlo Appoints First Female CEO For Its Japan Business

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NIKKEI ASIAN REVIEW
 
TOKYO --- Casualwear retailer Uniqlo has promoted a former manager of a busy Tokyo store to take charge of operations in its home market of Japan, where population decline makes maintaining earnings a challenge.
Maki Akaida, a 40-year-old group senior vice president at paren...

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Time For Bank Of Japan To Get Aggressive

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ASIA TIMES
 
Once again, Haruhiko Kuroda has a bad case of Mario Draghi on the brain. The last time the Bank of Japan governor channeled his beleaguered European Central Bank peer was in April 2013, just as Kuroda took the monetary reins in Tokyo.
Kuroda’s pledge to do “whatever it takes” to end ...

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7-Eleven Stores Struggling In Face Of Labor Shortage

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JAPAN TODAY
 
 
KOGA - Owners of Japan's ubiquitous convenience stores are facing a business model-threatening crisis as they grapple with the nation's demographic and labor challenges.
"I love working under the 7-Eleven logo, and there is no doubt Japanese society needs convenience stores. But, ...

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Yamaha Puts Luxury Boats In Reach

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THE JAPAN NEWS
 
 
Yamaha Motor Co. is weighing anchor on its boat rental and sharing services, allowing even top-of-the-line luxury boats to be rented short-term.
Since marine recreation has a deep-rooted image of being available only to the well-heeled, Yamaha is betting that attracting more yo...

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Proxy Company Advises Shareholders Against Saikawa At Nissan

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THE MAINICHI
 
TOKYO (AP) -- Two investor research companies are advising Nissan shareholders to turn down a proposal to reappoint the automaker's chief executive, Hiroto Saikawa, as a board director, citing possible oversight problems at the Japanese automaker after the arrest of his predecessor...

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Rain-Or-Shine Umbrellas Promoted As Father’s Day Gifts

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JAPAN NEWS
 
 
TOKYO (Jiji Press) — Department stores are promoting umbrellas for use in both sunny and rainy weather as gifts for Father’s Day on Sunday.
They are banking on a campaign by the Environment Ministry to encourage not only women but also men to use parasols as protection against heat...

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Shinzo Abe’s Latest Diplomatic Long Shot: Peacemaking in Iran

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NEW YORK TIMES
 
TOKYO — Shinzo Abe’s visit to Iran this week, the first to that country by a Japanese prime minister in more than 40 years, is the latest in a series of high-minded but long-shot efforts to lift Japan’s influence on the global stage.
As he arrives in Tehran on Wednesday, Mr. Abe ...

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