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World Bank Revises up Japan ’17 Growth Forecast to 1.5%

  • Category:Event
THE JAPAN NEWS
 
WASHINGTON (Jiji Press) — The World Bank said Sunday that it is projecting 1.5 percent growth in Japan’s real gross domestic product for 2017, up 0.6 percentage point from its previous forecast in January.
“Growth has picked up in 2017, supported by a recovery in external demand,...

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Japan's Household Spending Sags; Jobless Rate Lowest in Two Decades

  • Category:Event
JAPAN TODAY
 
TOKYO - Japanese household spending dropped again in April, official figures showed Tuesday, as consumers kept a tight hold on their purse strings despite years of government efforts to boost spending.
The fresh data attests to what analysts believe is a broader picture of the world...

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Household Spending Down for 14th Consecutive Month

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Consumption spending fell year on year for the 14th straight month in April, matching the longest losing streak since comparable data became available in January 2001, government data showed Tuesday.
In the latest reporting month, the average spending by hous...

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Most Japanese Firms Favor Cautious Approach to Any Toshiba Delisting

  • Category:Event
JAPAN TODAY
 
Most Japanese firms believe the Tokyo bourse should be cautious in its approach to any delisting of embattled Toshiba Corp, concerned about the potential impact on its clients, subcontractors and financial markets, a Reuters poll shows.
The conglomerate, whose products range from TV...

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Credit Card Company Forms Music Idol Group, Higashi-Ikebukuro 52

  • Category:Event
JAPAN TRENDS
 
How can a credit card company find a new way to advertise its services? In Japan, it would seem to mean by forming an idol group.
Higashi-Ikebukuro 52 is not the latest “sister group” spin-off of AKB48.
It’s actually a music group formed by Credit Saison.
Since AKB has claimed Akih...

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Japan Consumer Prices Rise in April for 4th Straight Month

  • Category:Event
JAPAN TODAY
 
TOKYO  - Japan's consumer prices rose again in April due largely to higher energy bills, data showed Friday, underpinning a mixed picture for policy makers' efforts to boost growth amid on-and-off deflation.
The country's prospects have been improving on the back of strong exports, ...

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Sony Chief Promises Profitability

  • Category:Event
THE JAPAN NEWS
 
TOKYO (AP) — Sony’s leader promised a comeback for the electronics and entertainment company having its best profitability in two decades.
“We are a company that moves people,” said Chief Executive Officer Kazuo Hirai, as he outlined the strategy for the company at its Tokyo head...

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APEC Meeting Puts Trump's Trade Policy Center Stage

  • Category:Event
JAPAN TODAY
 
HANOI - U.S. President Donald Trump's new trade representative held his first face-to-face meetings with some key partners on Saturday as the United States charts an "America First" policy that has upended the old global order and sparked fears of protectionism.
Robert Lighthizer me...

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LDP Keen To Wrap Up Draft Constitutional Revisions

  • Category:Event
THE JAPAN NEWS
 
The ruling Liberal Democratic Party is making arrangements to compile the party’s draft revisions to the Constitution by the end of this year, a step backing up Prime Minister Shinzo Abe’s recent announcement that he wanted an amended top law to come into force in 2020.
Given the...

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Daiwa Considers Moving Some UK Staff to Frankfurt Ahead of Brexit

JAPAN TODAY
 
TOKYO
Daiwa Securities Group Inc, Japan's No. 2 brokerage firm, may decide as early as mid-June to move dozens of London-based staff to Frankfurt or another European city, ahead of Britain's exit from the European Union, its chief executive said.
The German city is Daiwa's favoured ...

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