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Japan Looks to Wood Pulp to Make Lighter Auto Parts

  • Category:Event
THE JAPAN NEWS
 
KYOTO (Reuters) — The global push among carmakers to make ever lighter vehicles is leading some auto suppliers in Japan to turn to what seems like an unlikely substitute for steel — wood.
Japanese researchers and auto component makers say a material made from wood pulp is just on...

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Japan Inflation Ticks up Again, But Chiefly Due to Energy Costs

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's consumer prices rose for the seventh straight month in July, but chiefly due to energy costs, government data showed Friday.
After stripping out the volatile cost of fresh food, the inflation rate came in at 0.5 percent, in line with market expectations, according to...

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Defense Ministry Seeks Record Y5.26 Tril Budget

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan's defense ministry is set to ask for record defense spending of 5.26 trillion yen ($48.12 billion) for the year starting April 1, as it upgrades ballistic missile defenses against possible North Korean military action, according to a draft document seen by Reuters.
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Japan Tobacco Buying Philippine Cigarette Maker for $1 bil

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan Tobacco (JT) said Tuesday it would pay nearly $1 billion to buy Mighty Corp., the Philippines' number two cigarette firm, marking its second acquisition in Southeast Asia this month.
One of the world's biggest tobacco companies, whose global brands include Winston and ...

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100 Officials Set to be Added to Labor Inspection Offices

  • Category:Event
THE JAPAN NEWS
 
The government intends to add 100 labor standards inspectors — professional staff at the labor standards inspection offices — in the next fiscal year to cope with a chronic shortage of personnel who survey corporations when it aims to introduce regulations and penalties to limit ...

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Global Economy / How To Achieve Growth Amid Falling Population

  • Category:Event
THE JAPAN NEWS
 
With the population declining, is economic growth no longer possible? A pessimistic approach that gives up on growth is dangerous. We must face this grim reality and focus our efforts toward growth.
Sounding the alarm
“A rapidly aging population and a shrinking workforce mean the...

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Mobile ATMs Bring Bank to Door

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — An increasing number of regional banks in Japan are introducing automated teller machines mounted on vehicles to cater mainly to elderly people living in areas with no ATMs.
Shimane Shinkin Bank in the western prefecture of Shimane plans to introduce an ATM v...

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Warning From History: Could Japan-style Crash Hit China?

  • Category:Event
JAPAN TODAY
 
TOKYO - Sizzling property prices, a groaning debt load, wealthy tourists and tycoons willing to slap down eye-popping sums for art: China is starting to look like Japan before its economic bubble burst in the early 90s.
The similarities are not lost on Beijing: President Xi Jinping ...

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Nikkei Hits 3-month Closing Low Amid Trump Uncertainties

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The benchmark Nikkei average plunged to its lowest close in over three months on the Tokyo Stock Exchange Friday, hurt chiefly by growing concerns over U.S. President Donald Trump’s economic agenda.
The 225-issue Nikkei average fell 232.22 points, or 1.18 per...

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Sony Net Profit Soars in April-June Quarter

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese electronics and entertainment giant Sony said Tuesday its net profit nearly quadrupled in the three months to June, backed by brisk sales of smartphone components and cameras and solid revenue from its game business.
Tokyo-based Sony posted a quarterly net profit of...

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