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Yen Weakening May Prove Debilitating Blow To Japan

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JAPAN TODAY
 
The yen's recent weakening may not be as rapid as last year when it lost around 20 percent of its value relative to the U.S. dollar, but the prospect of it staying longer at current levels is already a cause for alarm for Japan Inc and consumers.
The yen is in the 143 zone to the U....

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Japan Stock Rally Hits Record Pace As Foreign Buying Tops $42bn

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NIKKEI ASIA
 
Futures hint at cooling sentiment after 12-week streak of inflows
International investors have bought Japanese stocks at a record-setting pace, Tokyo Stock Exchange data released Thursday shows, but futures trading suggests they may be ready to take a breather.
Global investors boug...

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Japan Inflation Slows To 3.2% In May

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JAPAN TODAY
 
Japan's consumer prices rose 3.2 percent year on year in May, with the pace of inflation slowing from the 3.4 percent recorded in April, government data showed Friday.
The figure, which excludes volatile fresh food prices, was higher than market expectations, and topped March and Fe...

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Fujitec Shareholders Reject Proposed Outside Directors

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JAPAN NEWS
 
Shareholders of elevator maker Fujitec Co. on Wednesday voted down all eight outside board directors proposed by former chairman Takakazu Uchiyama, a founding family member.
Shareholders approved all nine board directors proposed by the company at their annual meeting held at Fujitec...

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Young Chinese Entrepreneurs Starting New Businesses In Japan

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KYODO NEWS
 
Young Chinese entrepreneurs and others with family roots in China are becoming increasingly active participants in Japan's startup sector, leveraging Japanese manufacturing skills alongside their social connections in the greater China region to start new businesses and drive innovat...

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Influential Japanese Business Leader Jiro Ushio Dies At 92

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JAPAN TIMES
 
Jiro Ushio, a noted Japanese business leader who also had an enormous influence on politics, died of aspiration pneumonia on June 13. He was 92.
Ushio led the Japan Association of Corporate Executives, or Keizai Doyukai, one of the major business lobby groups in the country, between...

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Warren Buffett Pours More Money Into Japan’s Stock Market

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CNN
 
Billionaire investor Warren Buffett’s Berkshire Hathaway (BRKA) has added to its holdings in Japan’s five biggest trading houses, likely underpinning strong momentum propelling the nation’s stock market to multi-year highs.
Berkshire said Monday its stakes in Itochu (ITOCF), Marubeni (MARUY...

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Sendai Protein Producer Leaps Ahead By Engaging People With Disabilities

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JAPAN TIMES
 
Fassist, a Sendai-based manufacturer and seller of protein products, has grown to become one of the leading protein manufacturers in Japan since entering the market in 2015, competing with major companies.
Behind its success is the company’s vast product lineup, which comes in small...

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Bank Of Japan Sticks To Ultra-Loose Monetary Policy

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JAPAN TODAY
 
The Bank of Japan said Friday it would maintain its long-standing, ultra-loose monetary policy as it looks to boost economic growth.
The central bank has gone against the grain as its global peers hike interest rates to tackle inflation, pushing down the value of the yen against the...

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Toyota to Receive ¥120 Billion Subsidy for EV Batteries

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JAPAN NEWS
 
The Economy, Trade and Industry Ministry will provide a subsidy of about ¥120 billion to Toyota Motor Corp. for its plan to domestically produce lithium-ion batteries for electric vehicles, a source close to the matter said Thursday.
With an eye to enhancing economic security, the su...

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