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Consumer Prices in Japan Fall For 1st Time in 4 Years in 2016

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JAPAN TODAY
 
TOKYO — Japan on Friday logged its first annual consumer price decline in four years, underscoring the challenges facing Tokyo’s fight to rid the world’s number three economy of deflation.
Government data showed prices dropped 0.3% in 2016 from a year earlier, as weak household spen...

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Overoptimism Leads to 5th MRJ Delay

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THE JAPAN NEWS
 
Mitsubishi Heavy Industries Ltd. (MHI) announced Monday it would delay delivery of its Mitsubishi Regional Jet (MRJ), Japan’s first domestically developed jet airliner, by two years from mid-2018 to mid-2020. This is the fifth time delivery has been postponed.
The company has fou...

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Japan Posts First Annual Trade Surplus Since 2011 Disaster

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JAPAN TODAY
 
TOKYO — Japan on Wednesday reported its first annual trade surplus since the 2011 Fukushima nuclear disaster sent the country’s energy import bills soaring.
The government trade data showed imports in 2016 fell nearly 16%, mainly due to the falling cost of crude oil and liquified na...

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Robot Vacuum Cleaners Getting Smarter

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THE JAPAN NEWS
 
New robotic vacuum cleaners are being launched one after another, offering greater convenience and reliability for consumers. When buying one, it’s wise to consider which models are better suited to particular household conditions and circumstances.
Most robotic vacuum cleaners a...

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Brewer Asahi Says It Is Open to More M&As After Europe Beer Deals

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JAPAN TODAY
 
TOKYO — Asahi Group Holdings Ltd is open to the possibility of more acquisitions, its chief said, even after Japan’s biggest beer maker sealed $10 billion worth of deals to buy European assets from Anheuser-Busch last year.
“We are always studying potential targets. We need to keep ...

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Mori Building to Construct 2 New Skyscrapers at Toranomon Hills

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JAPAN TODAY
 
TOKYO — Mori Building, a leading urban landscape developer, will start constructing two new skyscrapers at Toranomon Hills, one for business beginning in February and the other for residences beginning in March. A groundbreaking ceremony for the business tower was held this week and...

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Govt Eyes Air Travel to Aid Visits to Northern Territories / Partly Aimed at Promoting Economic Ties

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THE JAPAN NEWS
 
In addition to the chartered boats that are currently used, the government is considering using airplanes for visits to the northern territories by former residents and others without passports or visas, it has been learned.
Prime Minister Shinzo Abe and Russian President Vladimi...

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Toyota to Invest $10 Bil in U.S.

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JAPAN TODAY
 
DETROIT — Toyota will invest $10 billion in the United States over the next five years, the company said Monday at the annual Detroit auto show.
The announcement comes just days after U.S. President-elect Donald Trump criticized the Japanese manufacturer for a previously-announced r...

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Tokyo Stocks Likely to Rise Moderately In 2017; Trump Policies Eyed

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JAPAN TIMES
 
While traditional investment wisdom holds that the market will be volatile in 2017, Tokyo stocks will likely continue the current “Trump rally” this year, although at a mild pace, supported by a weaker yen and solid corporate earnings.
The course of the stock market in the Chinese z...

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‘Trump Shock’ After Toyota Tweet Reverberates as Japan Business Community Reacts with Concern

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JAPAN TIMES
 
A tweet targeting Toyota by the incoming U.S. president has spread a renewed “Trump shock” among Japanese political and business leaders.
President-elect Donald Trump’s tweet blasted Toyota’s plans to make U.S.-bound cars in Mexico, threatening expensive tariffs.
While Trump’s stanc...

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