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Government to Promote Fugu Exports to Asia

  • Category:Event
THE JAPAN NEWS
 
The government plans to promote exports of fugu, a traditional luxury food item in Japan, targeting wealthy people in China and other Asian nations, according to sources.
Fugu, or puffer fish, are rarely seen in overseas marketplaces because of the poison they contain, but the go...

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Kobe Steel Says Senior Executives Knew About Data Tampering

  • Category:Event
JAPAN TODAY
 
TOKYO - Kobe Steel Ltd, at the center of a data-falsification scandal that has shaken Japan's manufacturing industry, admitted for the first time that executives were aware of the cheating, and reassigned three senior officials.
Japan's No. 3 steelmaker, which supplies the manufactu...

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Subaru CEO, Execs to Return Part of Their Pay Over Inspection Scandal

  • Category:Event
JAPAN TODAY
 
TOKYO  - The CEO of Japanese automaker Subaru said Tuesday he and all other executives would return part of their pay until next March following an inspection scandal at the company.
"All executives will voluntarily return part of their pay," CEO Yasuyuki Yoshinaga told a press conf...

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Japanese Firm Says It Will Pay Part of Salaries in Bitcoin

  • Category:Event
JAPAN TODAY
 
TOKYO - A Japanese company will start paying part of its employees' salaries in Bitcoin, as it aims to get better understanding of the virtual currency, a spokeswoman said on Friday.
GMO Internet, which operates a range of web-related businesses including finance, online advertising...

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Japanese Factories Embrace Robot Takeover

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Bloomberg) — While people fret about robots taking human jobs, machines in the country are stepping in to fill vacancies amid the worst labor shortage in more than 40 years. That’s creating an opportunity for up-and-coming start-ups focused on automating warehouse tasks.
N...

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Toshiba, WD Agree on Settlement Terms

  • Category:Event
THE JAPAN NEWS
 
Toshiba Corp., which is undergoing business reconstruction, announced Wednesday that it had settled its dispute with Western Digital Corp. of the United States over the planned sale of its memory chip subsidiary, Toshiba Memory Corp.
Toshiba and Western Digital will each withdraw...

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Behind Bitcoin Boom, Japanese Retail Investors Pile In

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's army of retail investors, no strangers to high risk bets in the past, have emerged as a major force in bitcoin's spectacular rally, now accounting for an estimated 30-50 percent of trading in the cryptocurrency as it spikes to record highs.
Once skeptics, Japanese re...

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Japan-EU Trade Deal Flies in Face of Protectionist Trend

  • Category:Event
THE JAPAN NEWS
 
Japan and the European Union concluded more than four years of negotiations over an economic partnership agreement on Friday that will bring to fruition an enormous and significant free-trade bloc. The two sides intend to use the agreement to promote free trade amid a global spre...

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JAL Invests $10 mil in Supersonic Jet Project

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan Airlines said Tuesday it had invested $10 million in U.S. airline company Boom Supersonic to help revive supersonic flights that could cut journey times in half.
The Japanese airline company will also have the option to buy up to 20 Boom aircraft through a pre-order ar...

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TEPCO to Halve Branches, Reassign Thousands

  • Category:Event
THE JAPAN NEWS
 
Tokyo Electric Power Company Holdings, Inc. plans to halve its 45 branches through mergers and closures, and transfer several thousand of its about 15,000 branch employees to new business sectors, The Yomiuri Shimbun has learned.
The latest management challenge for TEPCO is how t...

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