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Toyota Suspends Most Japan Production After Quake

  • Category:Other
JAPAN TODAY
 
The world's top-selling automaker Toyota said Friday it will halt operations on the majority of its Japanese production lines for three days as parts supply is hit by a recent powerful earthquake.
The 7.4-magnitude quake jolted east Japan on Wednesday night, derailing a bullet train...

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BOJ Keeps Huge Stimulus, Cautious Tone As Ukraine Crisis Clouds Outlook

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REUTERS
 
SummaryBoard keeps interest rate targets unchangedBOJ warns of 'very high' uncertainty over Ukraine falloutGov Kuroda says no need to tighten policy vs cost-push inflationJapan's inflation may hit 2% from April - Kuroda 
The Bank of Japan maintained its massive stimulus on Friday and wa...

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As Costs Rise In Japan, Even Businesses Accustomed To Deflation Are Raising Prices

  • Category:Other
JAPAN TIMES
 
As war in Ukraine drives up already high input costs, even firms with business models fine-tuned to Japan's deflationary economy are toying with higher prices — testing acceptance by consumers hardened by repeated affirmations of an elusive inflation goal.
High street price rises ha...

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Major Firms Offer Higher Pay Increases After Talks

  • Category:Other
THE JAPAN NEWS
 
Many major Japanese automakers and electronics firms fully accepted labor unions’ pay demands while major steelmakers and heavy machinery companies revived a pay scale increase as this year’s shunto labor-management wage talks reached their climax on Wednesday.
Those companies of...

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Toyota To Suspend Additional Production In March On Chip Shortage

  • Category:Other
ASAHI
 
Japan’s Toyota Motor Corp. said on Tuesday there will be an additional domestic production suspension in March due to semiconductor shortages.
Toyota will suspend production on one line at a factory for eight weekdays starting March 22 through the end of the month. The production of about...

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Japan’s Nozomi Shinkansen Bullet Train Celebrates 30 Years Of Fast-Tracking

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THE JAPAN NEWS
 
The Nozomi Shinkansen bullet train marked its 30th anniversary on Monday.
The Tokaido Shinkansen line train made its debut in 1992, eclipsing the then super-express Hikari service by 19 minutes.
The newest iteration of the train connects Tokyo and Shin-Osaka stations in about 150...

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Food Prices Rising; Inevitably To Affect Households

  • Category:Other
THE JAPAN NEWS
 
There are no signs of a halt to the rise in food prices in Japan as the costs of raw materials soar unchecked due to pandemic-linked and weather factors.
So far, food manufacturers have largely been able to absorb these cost increases, but this has run its course. Russia’s invasi...

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Uniqlo Does A U-Turn And Joins Global Shunning Of Russia

  • Category:Shopping
JAPAN TIMES
 
Uniqlo owner Fast Retailing Co. and Japan Tobacco Inc. made U-turns and said they were stopping business in Russia, joining the corporate crowd shunning Moscow on Thursday, as Britain escalated sanctions against oligarchs including Chelsea soccer club owner Roman Abramovich.
Investm...

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Wayback Burgers Opens In Japan

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ANTARA NEWS
 
Tokyo--(ANTARA/Business Wire)- One of the fastest growing burger franchises in the United States is starting expansion into Asia with a restaurant opening in Omotesando, Japan.
Wayback Burgers Japan plans to open 60 restaurants over the next 20 years, and also holds development opti...

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Uniqlo Keeps Russian Shops Open As Clothes A 'Necessity'

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BBC
 
The owner of Uniqlo has defended its decision to keep its Russian shops open, saying that clothing is a "necessity of life".
Uniqlo has 49 stores in Russia and while it will "monitor the situation" it has no plans to suspend trading.
A number of Western firms such as Zara and H&M, have halt...

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