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Toshiba to Remove Times Square Advertising In Cost-cutting Move
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JAPAN TODAY
TOKYO - Toshiba Corp will remove its corporate logo from its prominent position atop the One Times Square building overlooking New York's iconic tourist hub as part of cost-cutting efforts, sources close to the matter said Wednesday.
In addition to terminating its contract for the T...
TOKYO - Toshiba Corp will remove its corporate logo from its prominent position atop the One Times Square building overlooking New York's iconic tourist hub as part of cost-cutting efforts, sources close to the matter said Wednesday.
In addition to terminating its contract for the T...
- November 23, 2017
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Toshiba's Quarterly Profit Jumps 76% on Strong Memory Chip Demand
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JAPAN TODAY
Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion.
The struggling industrial conglomerate said operating profit for the July-September quar...
Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion.
The struggling industrial conglomerate said operating profit for the July-September quar...
- November 10, 2017
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Japanese Stocks, Long Shunned, Attracting Billions of Foreign Dollars
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JAPAN TODAY
NEW YORK/TOKYO - Japan is shaking off currency gains that typically punish its stocks, enticing foreign investors including Goldman Sachs Group Inc and BlackRock Inc, which are pumping billions of dollars into the country’s equities.
The Nikkei index rose to its highest levels since...
NEW YORK/TOKYO - Japan is shaking off currency gains that typically punish its stocks, enticing foreign investors including Goldman Sachs Group Inc and BlackRock Inc, which are pumping billions of dollars into the country’s equities.
The Nikkei index rose to its highest levels since...
- November 7, 2017
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Nikkei Closes at 21-year High
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JAPAN TODAY
TOKYO - Tokyo's benchmark stock index closed at a more than two-decade high Wednesday, as the Japanese market rides a global equities rally with its U.S. counterparts hitting fresh records.
The Nikkei 225 rose 0.28 percent, or 57.76 points, to end at 20,881.27, its best finish since...
TOKYO - Tokyo's benchmark stock index closed at a more than two-decade high Wednesday, as the Japanese market rides a global equities rally with its U.S. counterparts hitting fresh records.
The Nikkei 225 rose 0.28 percent, or 57.76 points, to end at 20,881.27, its best finish since...
- October 12, 2017
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Japan Successfully Extracts Minerals From Deep Sea
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THE JAPAN NEWS
TOKYO (Jiji Press) — The industry ministry and state-affiliated Japan Oil, Gas and Metals National Corp., or JOGMEC, said Tuesday that they have succeeded in salvaging minerals from the sea bottom at a depth of some 1,600 meters in a test conducted near the nation’s southernmost ...
TOKYO (Jiji Press) — The industry ministry and state-affiliated Japan Oil, Gas and Metals National Corp., or JOGMEC, said Tuesday that they have succeeded in salvaging minerals from the sea bottom at a depth of some 1,600 meters in a test conducted near the nation’s southernmost ...
- September 28, 2017
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Japanese Businesses Strive For Toehold in Russia’s Far East
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THE JAPAN NEWS
KHABAROVSK, Russia — Japanese companies are striving to establish businesses in the Russian Far East (see below), a region where Russian President Vladimir Putin is currently focusing on development.
Russia is trying to lure foreign companies into the region with the aim of devel...
KHABAROVSK, Russia — Japanese companies are striving to establish businesses in the Russian Far East (see below), a region where Russian President Vladimir Putin is currently focusing on development.
Russia is trying to lure foreign companies into the region with the aim of devel...
- September 12, 2017
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Japan Inc Turns Contract Workers Into Permanent Staff as Labor Market Tightens
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JAPAN TODAY
TOKYO - Japan's labor market is getting so tight that companies are starting to convert contract and part-time workers into full-time, regular employees to prevent them from leaving - a move that could lift wages and spending but squeeze profits.
The trend is a reversal from the dec...
TOKYO - Japan's labor market is getting so tight that companies are starting to convert contract and part-time workers into full-time, regular employees to prevent them from leaving - a move that could lift wages and spending but squeeze profits.
The trend is a reversal from the dec...
- September 4, 2017
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Banks Seek to Reform Branches
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THE JAPAN NEWS
TOKYO (Jiji Press) — Major Japanese banks are seeking next-generation branches at a time when the number of customers visiting outlets for settlement services is declining on the back of the growing popularity of internet banking services.
Specifically, they are trying to strengt...
TOKYO (Jiji Press) — Major Japanese banks are seeking next-generation branches at a time when the number of customers visiting outlets for settlement services is declining on the back of the growing popularity of internet banking services.
Specifically, they are trying to strengt...
- August 31, 2017
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Toshiba, Western Digital Reach Broad Agreement On Chip Unit Sale
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JAPAN TODAY
TOKYO - Toshiba Corp and Western Digital Corp reached a broad accord on the sale of the Japanese conglomerate's chip unit as the U.S. company has agreed to drop its legal actions, sources close to the matter said Monday.
Western Digital CEO Steve Milligan is currently visiting Japan...
TOKYO - Toshiba Corp and Western Digital Corp reached a broad accord on the sale of the Japanese conglomerate's chip unit as the U.S. company has agreed to drop its legal actions, sources close to the matter said Monday.
Western Digital CEO Steve Milligan is currently visiting Japan...
- August 30, 2017
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Smartphone Screen Maker Japan Display to Cut 30% of Workforce
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JAPAN TODAY
TOKYO - Japan Display said Wednesday it would slash 3,700 jobs, or about 30 percent of its workforce, as the struggling smartphone screen maker warned it lost money again in the latest quarter.
Citing intense competition, the Tokyo-based company said it would cut 3,500 positions at ...
TOKYO - Japan Display said Wednesday it would slash 3,700 jobs, or about 30 percent of its workforce, as the struggling smartphone screen maker warned it lost money again in the latest quarter.
Citing intense competition, the Tokyo-based company said it would cut 3,500 positions at ...
- August 10, 2017
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