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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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Overseas Websites Awash in Fake Japanese Food Products

  • Category:Event
THE JAPAN NEWS
 
Food products fraudulently mislabeled as Japanese brands that are registered under the government’s Geographical Indication (GI) protection system (see below), are being sold overseas, mainly in China.
The brands are registered by the GI system to protect the value of high-qualit...

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Japan's Household Spending Posts Biggest Drop in Nearly a Year as Wages Fall

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan’s household spending suffered the biggest annual decline in nearly a year in February as inflation-adjusted wages continued to fall, data showed on Friday, suggesting the economy’s longest run of growth since the 1980s asset bubble has peaked.
A slowdown in consumption...

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930,000 Enter Workforce as Japan's New Fiscal Year Starts Amid Gov't Scandal, Higher Food Prices

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese businesses and governments marked the first business day of fiscal 2018 on Monday, with those hit by scandals pledging revival while some food and beverage makers hiked prices on rising personnel and raw material expenses.
About 930,000 people are estimated to have ...

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Luxury Complex Tokyo Midtown Hibiya Opens

  • Category:Event
JAPAN TODAY
 
TOKYO - Tokyo Midtown Hibiya, a major shopping and entertainment complex, opened for business on Thursday in the capital's cultural district, connecting Japan's key business, fashion and political areas.
Developed by Mitsui Fudosan Co, the 35-story high complex with four underground...

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