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Japan Exports Slow as Supply Chain Hiccups Hit Factories

  • Category:Other
US NEWS
 
Japan's exports rose 26% in August from a year earlier, below analysts' forecasts, as supply chain disruptions hit manufacturers.
Japan’s exports rose 26% in August from a year earlier, preliminary data released Thursday showed, below analysts’ forecasts, as supply chain disruptions hit...

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Fukushima Plant Failed To Probe Cause Of Faulty Filters

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AP NEWS
 
Officials at Japan’s wrecked Fukushima nuclear power plant have acknowledged they neglected to investigate the cause of faulty exhaust filters that are key to preventing radioactive pollution, after being forced to replace them twice.
Representatives of the operator, Tokyo Electric Powe...

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Japan's Securities Industry Group To Review IPO Price-Setting Process

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REUTERS
 
A Japanese brokerage industry group said on Wednesday it would review the process for setting the price of initial public offerings (IPO), responding to criticism from startups that IPO prices have often been too low and surged on market debuts.
The Japan Securities Dealers Association ...

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Costs Of Anti-Terror Measures Weighing On Japan Regional Banks

  • Category:Other
JAPAN TIMES
 
Many regional financial institutions in Japan have decided to raise fees on overseas remittance in order to cover the growing costs of anti-terrorist financing measures.
Since the 2001 terrorist attacks on the United States, international efforts to monitor and combat money launderi...

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Toyota Cuts Global Production Further On Virus Issues, Chip Woes

  • Category:Other
JAPAN TODAY
 
Toyota, the world's top-selling automaker, said on Friday it would further slash production in Japan and abroad because of ongoing virus disruptions and a chronic global chip shortage.
The Japanese car giant will cut output by 70,000 units in September and 330,000 in October, it sai...

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Japan Post, Sagawa Express To Tie Up On Parcel Deliveries

  • Category:Other
THE JAPAN NEWS
 
Japan Post Co. and Sagawa Express Co. said Friday that they have reached a basic agreement to collaborate on parcel delivery operations to meet pandemic-induced growth in delivery demand.
The two companies aim for sustainable logistics services by expanding their collaboration at...

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JAL To Raise ¥300 Bil To Boost Finances

  • Category:Other
JAPAN TODAY
 
Japan Airlines said Thursday it plans to raise some 300 billion yen ($2.7 billion) in funds as its works to weather the continuing impact of the pandemic on its finances.
The funds will be raised through financing measures, including subordinated loans and bonds, the company said in...

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Japan Business Community Surprised At Suga’s Resignation Plan

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THE JAPAN NEWS
 
 
Japan’s business community was surprised at Prime Minister Yoshihide Suga’s abrupt announcement on Friday that he will resign when his term as head of the ruling Liberal Democratic Party expires on Sept. 30.
With Japan facing many challenges in order to rebuild its economy amid...

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Tokyo Stocks Charge Higher On Policy Hopes

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NHK
 
Investors sent Tokyo stocks surging on Monday, with shares rising on hopes that the successor to Prime Minister Suga Yoshihide will strengthen coronavirus measures and provide economic relief.
The Nikkei Average ended the day at 29,659, up 531 points or 1.8 percent from last week's close.
A...

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Apple Announce New Settlement With Japan Allowing Developers To Link To External Website

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TECH CRUNCH
 
Apple has reached a settlement with the Japanese regulator to allow developers of “reader” apps to link to their own websites for users to manage their accounts. The change goes to effect in early 2022.
Apple has been facing scrutiny in multiple markets, including the US and South K...

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