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Japanese Seek Bargains as Economy Limps, Abenomics Loses Shine

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JAPAN TODAY
 
TOKYO — Three years of so-called Abenomics, Japanese Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers.
As the world’s third-largest economy falters again - with a stronger yen gnawing at overseas profits ...

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Japan's Jobless Rate Hits 21-year Low; Household Spending Falls less Than Expected

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JAPAN TODAY
 
TOKYO — Japanese household spending fell less than expected in July and the jobless rate hit a two-decade low, offering some hope for policy makers battling to pull the world’s third-largest economy out of stagnation, data by the Internal Affairs Ministry showed on Tuesday.
But with...

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Consumer Prices Fall for 5th Straight Month

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JAPAN TODAY
 
TOKYO — Japanese inflation continued to disappoint in July, according to data released on Friday, with consumer prices dropping for a fifth straight month in the latest blow to Tokyo’s faltering war on deflation.
The 0.5% decline in July was worse than the 0.4% average fall expected...

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ANA Cancels Some Dreamliner Flights Over Engine Trouble

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JAPAN TODAY
 
 
TOKYO — All Nippon Airways said Thursday it is cancelling some Boeing Dreamliner flights owing to a problem with the plane’s engine, and warned of more groundings.
The carrier, the biggest worldwide Dreamliner operator with a fleet of 50 jets, said nine domestic flights scheduled ...

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Tense Japan-China Relationship Expected to Continue

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THE JAPAN NEWS
 
A meeting between the Japanese and Chinese foreign ministers failed to ease tensions that have soared since Chinese government ships repeatedly intruded in Japanese territorial waters near the Senkaku Islands in early August. Some observers are concerned bilateral ties could rema...

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New Sharp Chief Vows Structural Reforms

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THE JAPAN NEWS
 
 
SAKAI (Jiji Press) — Tai Jeng-wu, the new president of Sharp Corp., on Monday vowed to implement full-fledged structural reforms at the struggling electronics maker.
In talks with reporters at Sharp’s new headquarters in Sakai, Tai, also No.
2 executive of Taiwan’s Hon Hai Prec...

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Companies Unenthused Over Abe’s Stimulus, BOJ Easing

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Japanese companies overwhelmingly say the government’s latest stimulus will do little to boost the economy and the Bank of Japan should not ease further, a Reuters poll showed, a setback for policymakers’ efforts to overcome deflation and stagnation.
Prime Minis...

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SoftBank, KDDI Hitting Back at Low-cost Smartphone Firms

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THE JAPAN NEWS
 
TOKYO (Jiji Press) — Major mobile phone carriers SoftBank Group Corp. and KDDI Corp. are hitting back at low-cost smartphone service providers by offering competitive rates under their group brands.
Newcomers to the rapidly expanding low-cost smartphone service market include ret...

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Japan a Bright Point in Lackluster Asia Trade

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JAPAN TODAY
 
HONG KONG — Tokyo stocks made solid gains Wednesday on the back of rising oil-linked counters, while elsewhere in the region trade was lackluster after a weak lead from Wall Street.
The advance on Japan’s main index, which was up 0.7% shortly after the break—snapping two sessions of...

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Cranes Deliver Japan's Real Estate Revival to BOJ's Doorstep

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JAPAN TODAY
 
TOKYO — Anyone visiting the Bank of Japan these days cannot miss the construction site across the street that takes up a whole city block, part of a renaissance in real estate development that is sweeping the country.
Offices, apartments and hotels are popping up in major cities acr...

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