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Premium Friday Reaches Crossroads

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Premium Friday, a nationwide campaign to encourage people to leave work early on the last Friday of every month and spur consumer spending, faces a crucial moment a half year after its splashy debut.
Only a small number of companies have managed to establish ...

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Sharp Returns to Profit on Foxconn's Cost-Cutting Efforts

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese electronics maker Sharp said Friday it swung back to profit for the three months to June thanks to cost-cutting efforts under Taiwan's Hon Hai.
The Taiwanese company, better known as Foxconn, last August acquired the Japanese industrial mainstay which had been pumme...

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Govt Panel Agrees On ¥25 Minimum Wage Increase

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — A government advisory panel agreed Tuesday to propose raising mandatory hourly minimum wages by ¥25 on average in fiscal 2017.
The rate of increase for the year that started in April matches the
government’s target of around 3 percent.
The proposal by a subco...

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Japan Likely to Increase Import Tariffs on Frozen U.S. Beef to 50%

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan is likely to impose emergency tariffs on frozen beef from the United States starting next month in response to a spike in imports, a government source said Wednesday.
The measure, designed to protect domestic farmers from sudden increases in imports, would remain in pl...

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Telework Test Held to Prepare for Olympics

  • Category:Event
THE JAPAN NEWS
 
The government held a teleworking campaign day on Monday, with about 60,000 people from about 1,000 companies mainly based in the Tokyo metropolitan area working outside their regular workplaces.
The opening ceremony for the Tokyo Olympics is scheduled for July 24, 2020, and traf...

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Japan Trade Balance Returns to Surplus in June

  • Category:Event
JAPAN TODAY
 
TOKYO - Japan logged a trade surplus of nearly $4 billion in June, rebounding from a deficit the previous month, but its politically sensitive surplus with the United States slipped, government data showed Thursday.
The world's third-largest economy logged a surplus of 439.9 billion...

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BOJ’s Dovish Bent Reinforces Policy Divergence Across Asia

  • Category:Event
THE JAPAN NEWS
 
HONG KONG/TOKYO (Bloomberg) — The Bank of Japan’s determination to press on with its unprecedented monetary stimulus leaves it out of step with developed world peers, which are either raising rates or debating how to start normalizing policy.
Yet in its own region — Asia — the BO...

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Kanebo Remnant Still Faces Issues Decade After Scandal

  • Category:Event
THE JAPAN NEWS
 
This July marks 10 years since Kracie Holdings Ltd. was established to take over the business operations of Kanebo Ltd.’s failed daily products and other divisions.
Kracie’s results have been improving thanks to the release of hit hair care products and other items. However, for ...

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SoftBank Founder Son to Stay at Helm as Company's Firepower Grows

  • Category:Event
JAPAN TODAY
 
TOKYO - SoftBank Group founder Masayoshi Son, Japan's richest man, says he will spend the next decade identifying a successor to drive his rapidly growing technology empire, which has amassed an unprecedented investment war chest over the past year.
Since the departure of former chi...

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Toshiba Chip Unit Deal Hits Roadblock / Hynix Searching For a Way to Gain Say Over Management

  • Category:Event
THE JAPAN NEWS
 
Toshiba Corp. is struggling to finalize negotiations to sell off its memory chip unit, Toshiba Memory Corp.
The sale is on shaky footing because SK Hynix Inc., a major South Korean chipmaker that is part of a Japan-U.S.-South Korean consortium Toshiba chose as the preferred bidde...

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