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BOJ Drops Inflation Time Frame As It Struggles To Hit Elusive Goal

  • Category:Event
JAPAN TODAY
 
TOKYO - The Bank of Japan on Friday removed reference to a time frame for achieving its longstanding inflation target, as it struggles to hit the elusive goal despite steady economic growth.
The central bank had promised to achieve the 2.0 percent figure around the fiscal year to Ma...

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Competition Heats Up Among Operators of Shared Offices

  • Category:Event
THE JAPAN NEWS
 
Competition among operators of shared offices is getting tougher in the Tokyo metropolitan area and surrounding prefectures, with an increasing number of major real-estate developers and foreign firms opening businesses that lease such work-sharing spaces.
The boom has been spurr...

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Nissan to Cut Hundreds of Jobs at UK Car Plant: Source

  • Category:Event
JAPAN TODAY
 
LONDON - Japanese automaker Nissan will ax hundreds of staff at its car plant in northeastern England due to a sharp fall in diesel car sales, a source told AFP on Friday.
Questioned about media reports of hundreds of job losses at Nissan's factory in the coastal city of Sunderland,...

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Japan Consumer Prices Edge Up 0.9% in March

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's consumer prices edged up 0.9 percent in March, government data showed Friday, but inflation was slightly weaker than the previous month and still far below a longstanding target.
Japan has notched up eight straight quarters of economic growth -- the longest positive ...

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Takeda's $60 Bil Bid for Ireland's Shire Group Unsuccessful

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese pharmaceutical giant Takeda said Thursday it had made a takeover bid worth £42 billion ($60 billion) for Ireland's Shire Group but that its offer was rejected.
"Takeda was subsequently notified that the board of Shire had rejected its proposal. Discussions between t...

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Survey: More Companies Eyeing New Grads

  • Category:Event
THE JAPAN NEWS
 
The number of companies planning to hire more new graduates next spring has significantly increased, according to a joint survey by The Yomiuri Shimbun and Nippon TV that covered 100 major companies in Japan.
The number of companies that said they would hire more graduates in spr...

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Pair of Mangoes Fetches Record-matching Y400,000 at Season's 1st Auction

  • Category:Event
JAPAN TODAY
 
MIYAZAKI - A pair of premium mangoes from the southwestern Japan prefecture of Miyazaki fetched a record-matching 400,000 yen at the season's first auction at a local wholesale market on Monday, maintaining the price tag from the previous year.
The high-end mangoes are called "Taiyo...

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Economic Ties with China Still Thorny / Intellectual Property, Steel Remain Problematic

  • Category:Event
THE JAPAN NEWS
 
 
The Japan-China high-level economic dialogue on Monday — the first such meeting in about eight years — marked a first step toward resetting a bilateral relationship that has been under strain amid such issues as perceptions of history and deepening economic ties.
However, chall...

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Global Economy / China’s New Central Bank Gov. Faces Bumpy Road

  • Category:Event
THE JAPAN NEWS
 
Yi Gang has been appointed governor of China’s central bank, the People’s Bank of China (PBC). He is the first “sea turtle” (see below) to become chief of the country’s central bank. The question is whether he will be able to accelerate the reform and opening-up of China’s financ...

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BOJ Chief Pleads For Time To Battle Deflation As He Starts New Term

  • Category:Event
JAPAN TODAY
 
TOKYO - Bank of Japan Governor Haruhiko Kuroda said Monday it would take time to extricate the world's third largest economy from its ultra-loose monetary policy as he embarked on a new five-year term.
Prime Minister Shinzo Abe handed Kuroda a second term at the helm of the central ...

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