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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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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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