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Panel Urges ‘Fresh Start’ For Reeling Shoko Chukin Bank

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — An industry ministry panel on Thursday recommended that the government decide whether to fully privatize scandal-hit Shoko Chukin Bank after a four-year reform period.
In its recommendations, the panel said the existing business model of the government-linked...

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New $1.6 bil. Toyota-Mazda Plant to Create 4,000 Jobs for Alabama

  • Category:Event
THE JAPAN NEWS
 
MONTGOMERY, Ala. (AP) — Automakers Toyota and Mazda on Wednesday announced plans to build a mammoth $1.6 billion joint-venture plant in Alabama that will eventually employ about 4,000 people.
Several states had competed for the coveted project, which will be able to turn out 300,...

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Renewable Japan Completes 3.8MW Solar Plant in Hokkaido

  • Category:Event
JAPAN TODAY
 
HOKKAIDO - Renewable Japan Co Ltd has completed a solar power plant with an output of about 3.86MW in Ashibetsu City, Hokkaido.
The plant is scheduled to start to sell electricity later this month.
The plant has 14,568 solar panels on 95,249.05 square meters of land.
The plant is ex...

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Bitcoin Proving Big Hit in Japan

  • Category:Event
JAPAN TODAY
 
TOKYO - Known as "Miss Bitcoin" on Japanese social media, Mai Fujimoto says she invests all of her savings in the virtual currency that has proved a huge hit in Japan.
"I convert all my disposable income into cryptocurrency," the 32-year-old tells AFP. "I've been doing this for near...

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Abe Again Urges Business Leaders to Raise Wages by 3%

  • Category:Event
JAPAN TODAY
 
TOKYO - Prime Minister Shinzo Abe on Friday once again urged business leaders to raise wages by 3% in fiscal 2018 and asked for aggressive investment to boost the country's economy.
"To create a cycle of economic growth, I ask you to hike wages by 3%," Abe said in a speech at a New ...

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Keidanren Chief Expects Recovery to Pick Up Pace

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The nation’s economic recovery is expected to pick up its pace this year on the back of a global economic expansion, business leader Sadayuki Sakakibara said in a New Year interview.
“I hope that 2018 will be the year when [the government] can declare an end ...

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New Year to Herald Price Hikes for Daily Living

  • Category:Event
THE JAPAN NEWS
 
Some systems and schemes closely related to daily living will change starting in January 2018, and the prices of various goods and services such as imported cars and some types of foods are set to rise.
Taxes for married couples will rise or fall in accordance with their annual i...

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Nikkei Ends Year Slightly Lower, But Climbs Nearly 20% in 2017

  • Category:Event
JAPAN TODAY
 
The Nikkei share average erased early modest gains and ended slightly lower on its final trading day of the year on Friday, but the index still gained nearly 20% in 2017.
The Nikkei ended the day down 0.08% at 22,764.94 points, while the broader Topix was also down 0.08% at 1,817.56...

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Mitsubishi Materials Systematized Fakery / 2 Units Used Guidelines for Falsification

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Guidelines for manipulating product quality data for substandard products were used for a long time at two subsidiaries of Mitsubishi Materials Corp., an interim report on the group’s data falsification showed Thursday.
Manipulation of product inspection data...

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Japan Considers Refitting Helicopter Carrier for Stealth Fighters: Gov't Sources

  • Category:Event
JAPAN TODAY
 
TOKYO ―Japan is considering refitting the Izumo helicopter carrier so that it can land U.S. Marines F-35B stealth fighters, government sources said on Tuesday, as Tokyo faces China's maritime expansion and North Korea's missile and nuclear development.
Japan has not had fully fledge...

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