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High-end Hotels See Construction Boom In Tokyo

  • Category:Other
THE JAPAN NEWS
 
Luxury hotels are set to open in Tokyo with the aim of attracting an increasing number of tourists visiting Japan and affluent people such as corporate managers who visit the metropolis on business.
On Wednesday, Nagano Prefecture-based Hoshino Resorts Inc. opened
Hoshinoya Tokyo...

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Pepper Robot Gets New Job Selling Insurance

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THE JAPAN NEWS
 
A major life insurance company will deploy humanoid robots nationwide this autumn, using them to wait on customers at its offices and sending them out on sales calls.
Meiji Yasuda Life Insurance Co. has announced plans to deploy 100 Pepper robots, made by SoftBank Group Corp., at...

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Nintendo Worth More Than Sony After Pokemon Rally

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JAPAN TODAY
 
TOKYO — Nintendo on Tuesday shot past Sony in market value after the videogame giant’s stock more than doubled since the release of the wildly popular Pokemon Go game.
The Pokemon franchise creator surged nearly 11 percent to end the morning at 30,780 yen, up more than 100% from its...

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Japanese Companies Dive Into Foreign Acquisitions

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THE JAPAN NEWS
 
With a shrinking domestic market due to the low birthrate and aging population, Japanese companies have increasingly looked overseas for mergers and acquisitions in recent years. The deal announced by SoftBank Group Corp. on Monday is a prime example.
SoftBank Group’s acquisition...

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Microsoft Cloud Business Lifts Profits

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THE JAPAN NEWS
 
Sharp growth in its commercial cloud computing business helped lift Microsoft Corp.’s quarterly revenue above Wall Street’s expectations, sending the technology company’s shares up more than 4 percent in after-hours trading.
The new and growing cloud business — essentially sellin...

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Line Corp. Raises ¥100 Billion On Day One of Dual Listing in New York, Tokyo

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JAPAN TIMES
 
Line Corp. raised more than ¥100 billion from its consecutive debuts on the New York and Tokyo stock exchanges on Thursday and Friday, as CEO Takeshi Idezawa said the company planned to build trust in its messaging and other services and expand.
In the year’s biggest tech offering, ...

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Women at Work / Inspired Intuition For Hit Products

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THE JAPAN NEWS
 
Lately there has been a trend toward forming women’s groups within companies and designing original products. Even firms that have expanded their businesses by targeting corporations as customers are now making use of female employees’ ideas and turning consumer-aimed products in...

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Mitsubishi Signs Potential First European Jet Orders

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JAPAN TODAY
 
FARNBOROUGH, England — Japan’s Mitsubishi Aircraft Corp on Monday said it had signed a letter of intent for orders of its new regional passenger plane with Swedish leasing company Rockton, in what would be its first European sale.
The deal is for 10 firm orders with an option for an...

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Tokyo Leads Surge in Asian Stock Markets

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JAPAN TODAY
 
HONG KONG — Tokyo led a surge in Asian stock markets Monday as a stronger-than-forecast jump in U.S. jobs provided some much-needed optimism after the hammering caused by Britain’s vote to leave the European Union.
Friday’s data showing the world’s biggest economy saw a surge in new...

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Current Account Surplus Falls On Higher Yen in May

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THE JAPAN NEWS
 
 
TOKYO (Jiji Press) — The nation’s current account surplus in May fell 2.4 percent from a year before to ¥1,809.1 billion, partly because of effects of a higher yen, government data showed Friday.
The balance was in the black for the 23rd straight month, according to the data fr...

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