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SoftBank Becomes First Japan Firm to Forgo IPO Price Range, Keeps View at 1,500 yen

  • Category:Event
THE STAR
 
TOKYO: SoftBank chalked up another first in Japan on Friday, setting a single indicative price of 1,500 yen for its telco IPO rather than a price range as usual, pegging the deal at 2.4 trillion yen ($21.16 billion) in the country's biggest-ever listing.
The price was unchanged from th...

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High-level Japanese Business Mission to Visit Egypt Early 2019

  • Category:Event
DAILY NEWS EGYPT
 
Masaki Noke, Japanese ambassador to Egypt said that a high-level mission is expected to visit Egypt early 2019, adding, “Japan External Trade Organisation (JETRO) has an idea to send a mission to Egypt early next year, including representatives from the major Japanese companies...

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Tencent Partners with Line on Mobile Payments in Japan

  • Category:Event
NIKKEI ASIAN
 
Tie-up targets Chinese tourists, but faces competition from Yahoo-Alibaba service
 
TOKYO -- Tencent Holdings will team with Tokyo-based chat app operator Line to offer mobile payment services for small Japanese retailers looking to capitalize on the recent influx of Chinese touris...

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Japan At A crossroads: What’s Keeping its Defense Industry From Growing?

  • Category:Event
DEFENSE NEWS
 
MELBOURNE, Australia — Japan is facing what appears to be an increasingly difficult choice, between a desire to keep its domestic defense industry in business, and getting more value for its defense spending while introducing much-needed capabilities by buying foreign off-the-shelf...

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Inflation in Japan Unchanged at 1% in October

  • Category:Event
JAPAN TODAY
 
TOKYO  -  Inflation in Japan stood at one percent in October, unchanged from the previous month, according to government data published Thursday, as the world's third-largest economy continues its years-long struggle with deflation.
October's price rise was in line with market conse...

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Nissan Board Dismisses Ghosn

  • Category:Event
THE JAPAN NEWS
 
Nissan Motor Co. dismissed Representative Director and Chairman Carlos Ghosn, who has been arrested on suspicion of violating the Financial Instruments and Exchange Law. The decision was made at an extraordinary board of directors meeting on Thursday.
The move was aimed at extric...

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Japan's Corporate Image Hit by Falsification Scandal: Poll

  • Category:Event
JAPAN TODAY
 
TOKYO  -  Almost three-quarters of Japanese firms said the recent data falsification scandal involving KYB Corp, a maker of earthquake shock absorbers, has hurt Japan's corporate image, a Reuters poll found, although few saw any impact on their businesses.
KYB last month admitted it...

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At Asia-Europe Meeting, Abe Issues Appeal for Upholding Multilateral Free Trade System

  • Category:Event
JAPAN TIMES
 
BRUSSELS – Prime Minister Shinzo Abe on Friday delivered a full-throated appeal for maintaining the multilateral free trade system led by the World Trade Organization to counter U.S. protectionist policies and China’s assertive approach to trade.
It is important to uphold the multil...

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Japan Maker of Quake Shock Absorbers Reports Data Fabrication; Products Installed in Hundreds of Buildings Nationwide

  • Category:Event
JAPAN TIMES
 
Japanese shock absorber-maker KYB Corp. said Tuesday it fabricated quality data for seismic absorption and control devices installed in nearly 1,000 buildings across the quake-prone country.
KYB, which mainly manufactures shock absorbers used in cars and trains, operates in 24 count...

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SpaceX's First Private Passenger is Japanese Fashion Magnate Maezawa

  • Category:Event
TOKYO KEIZAI
 
HAWTHORNE, Calif./TOKYO (Reuters) - SpaceX, Elon Musk's space transportation company, on Monday named its first private passenger on a voyage around the moon as Japanese billionaire Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.
A former drummer in...

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