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Tokyo Stocks Achieve Record Close After Strong Performance On Wall Street

  • Category:Other
JAPAN TIMES
 
Tokyo stocks ended trading Wednesday at a record-high close for the first time in three weeks, days after Prime Minister Shigeru Ishiba announced his resignation.
The Nikkei 225 stock index finished the day up 0.87%, at 43,837.67, with a strong performance in the afternoon.
It broke...

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7-Eleven Robot Trial Targets Labor Shortages

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NHK
 
Japan's biggest convenience store chain has introduced robots on a trial basis in a bid to tackle labor shortages and streamline in-store work.
The trial began at a 7-Eleven outlet in Tokyo. A robot is being used to restock the store's drink and alcohol shelves. Artificial intelligence allo...

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Mitsubishi Electric to Accept Voluntary Retirement as Company Seeks to Optimize Personnel Composition

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JAPAN NEWS
 
Mitsubishi Electric Corp. announced Monday it will accept voluntary retirement applications from employees who meet certain criteria.
Regular employees aged 53 or older with at least three years of service and employees rehired after reaching retirement age are eligible.
While the co...

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Asian Shares Rise After Japan's Prime Minister Announces Plan To Resign

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JAPAN TODAY
 
Asian shares mostly rose with Japan's benchmark jumping higher in Monday morning trading, despite the looming political uncertainty after Prime Minister Shigeru Ishiba last night that he plans to resign.
Analysts said his announcement was expected for some time and welcomed it as mo...

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Familymart Opens First Clothing Store In Tokyo

  • Category:Other
JAPAN TODAY
 
Back in 2016, we were very hard-pressed to put together an outfit using only items bought from convenience store chain FamilyMart. However, since then the company has greatly expanded on its fashionable offerings and even created their own brand called “Convenience Wear.”
The consta...

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Nippon Steel Ends Litigation Over Buyout Of U.S. Steel

  • Category:Other
JAPAN TODAY
 
Nippon Steel Corp said Thursday it has withdrawn its lawsuit filed against rival U.S. steelmaker Cleveland-Cliffs Inc. and others, putting an end to all U.S. litigation launched to prevent its plan to purchase United States Steel Corp. from being blocked.
Japan's largest steelmaker,...

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BOJ Deputy Chief Supports Rate Hikes, Warns Of Upcoming Tariff Impact

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JAPAN TODAY
 
A Bank of Japan deputy chief said Tuesday it would be "appropriate" to keep raising interest rates in step with improvements in economic conditions but warned of the possible negative impact of higher U.S. tariffs.
Despite three policy interest rate hikes since last March, "real int...

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Suntory Faces Ripples in Food Business After Niinami’s Resignation; Incident Could Cause Confusion, Lost Consumer Trust

  • Category:Other
JAPAN NEWS
 
 
Suntory Holdings Ltd.’s announcement of the resignation of its chairman, Takeshi Niinami, has sent shockwaves through political, governmental and business circles.
Amid these ripples, the move is seen as an inevitable blow to the management of the company, whose primary business is...

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Suntory Chairman Niinami Steps Down After Probe Into His Purchase Of Dietary Supplements

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JAPAN TODAY
 
Suntory Holdings Ltd Chairman Takeshi Niinami has stepped down due to an ongoing investigation over the alleged purchase of a dietary supplement suspected to be illegal, the major Japanese brewer company said Tuesday.
Niinami, a prominent 66-year-old Japanese business figure and for...

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Japan’s Factory Activity Shrinks on Falling Export Orders, PMI Shows

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JAPAN NEWS
 
Japan’s factory activity shrank in August on decreasing orders from overseas, a private sector survey showed on Monday, as the impact of U.S. tariffs began to squeeze the country’s export-reliant manufacturing sector.
The S&P Global Japan Manufacturing Purchasing Managers’ Index (PMI...

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