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Nissan’s Old Guard Struck Back Against Their ‘Gaijin’ Saviour, and Japan Inc May Be The Worse For it

  • Category:Other
THE STAR
 
THE Empire has struck back. Japan Inc and Nissan Motor last week struck back against the French government, carmaker Renault and Carlos Ghosn.
The narrative spun by Nissan and apparently condoned by Japanese authorities is that the former high-flying head of the Nissan-Renault-Mitsubis...

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Raze, Rebuild, Repeat: Why Japan Knocks Down its Houses After 30 Years

  • Category:Other
THE GUARDIAN
 
Unlike in other countries, Japanese homes become valueless over time – but as the population shrinks, can its cities finally learn to slow down and refurb?
In the suburban neighbourhood of Midorigaoka, about an hour by train outside Kobe, Japan, all the houses were built by the sam...

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BOJ Assets Larger Than Nation’s GDP

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Japan’s central bank has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade spending spree designed to accelerate weak price growth.
The ¥553.6 trillion ($4.87 trillion) of assets th...

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Japanese Firms See U.S. Trade Talks Boosting Exports Despite Trump Rhetoric

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JAPAN TODAY
 
TOKYO - Half of Japanese companies expect new trade talks with Washington to boost their U.S.-bound exports, a Reuters poll found, despite President Donald Trump’s intensifying drive to cut the trade gap between the two major economies.
There are, however, concerns among more than h...

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SoftBank Unveils US$21b IPO of Japan Mobile Business

  • Category:Other
THE STAR
 
TOKYO: SoftBank Group Corp. is seeking to raise 2.4 trillion yen ($21.1 billion) in the initial public offering of its domestic telecom operations scheduled for Dec. 19.
The Japanese technology conglomerate plans to sell 1.6 billion shares at 1,500 yen apiece, it said in a statement Mo...

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Abe orders Cabinet to Mitigate Impact of Coming Consumption Tax Hike

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JAPAN TIMES
 
Prime Minister Shinzo Abe ordered his Cabinet ministers Monday to make sure domestic demand continues to expand ahead of the consumption tax hike planned for next October.
“While closely monitoring the economic situation at home and abroad, we will respond properly to sustain the ec...

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Suruga Bank Expected To Report Net Loss Of Up To ¥90 bil. For April-Sept.

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — Scandal-hit Suruga Bank is seen reporting a net loss of up to ¥90 billion for April-September, against its current projection of a ¥12 billion profit, informed sources said Wednesday.
The expected loss for the first half of fiscal 2018 reflects a sharp increa...

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Starbucks Plans Expansion in Japan, Adds New Delivery Partnership

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NATION'S RESTAURANT NEWS
 
The chain launches UberEats delivery and plans 300 new stores in the market
Starbucks is ramping up its growth in Japan with plans for hundreds of new stores as well as delivery and new mobile order and pay technology, the company said Thursday.
Starbucks plans to open ...

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Japan Approves Extension For Reactor Similar to Fukushima

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BUSINESS REPORT
 
INTERNATIONAL - Japan’s nuclear regulator approved an extension of operations for a 40-year-old reactor near Tokyo that has the same basic design as those that melted down in the Fukushima crisis nearly eight years ago, a move that is likely to be controversial.
 
The reactor, T...

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Takeda CEO Confident Of Investor Backing for $62 Billion Shire Deal

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TOKYO KEIZAI
 
LONDON (Reuters) - The boss of Japan's Takeda Pharmaceutical <4502.T> said on Monday he was confident of securing investor backing for its $62 billion acquisition of London-listed Shire <SHP.L>, despite some shareholders' fears about the resulting debt burden.
Buoyed by a strong se...

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