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Business Almost As Usual Amid Japan Virus Actions

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ABC NEWS
 
TOKYO -- The popular “scramble” intersection in Tokyo’s downtown Shibuya district looks uncrowded, but eateries and pubs on backstreets are busy. Meanwhile, narrow suburban shopping streets are jammed on weekends, with families strolling and heading to lunch. Some bars and restaurants ...

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Japan's Bullet Trains Begin Asking Passengers With Large Bags To Reserve Luggage Space

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JAPAN TIMES
 
The step has been introduced on the Tokaido, Sanyo and Kyushu shinkansen linesNew rules requiring passengers to reserve space free of charge for their extra-large luggage on some shinkansen lines took effect Wednesday, in response to an increase in foreign tourists in recent years.
...

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Japan Business Chief Warns Of Radical Labour Market Shake-Up

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FINANCIAL TIMES
 
The world’s post-coronavirus economic future could depend on mass career migration away from sectors such as retail, entertainment and travel, Japan’s most powerful business leader has warned.
Hiroaki Nakanishi, chairman of Hitachi and head of the Keidanren business lobby, told ...

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Nomura Seeks New Growth From Private Equity, Private Debt And Startups

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THE CHRONICLES HERALD
 
TOKYO (Reuters) - Nomura Holdings Inc. said on Tuesday it planned to beef up business with unlisted companies, including offering advice to startups, aiming to diversify revenue after quarterly earnings took a battering from the coronavirus pandemic.
Japanese biggest broke...

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Japan’s Economy Sinks Into a Recession Set to Deepen Sharply

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BNN BLOOMBERG
 
(Bloomberg) -- Japan’s economy sank last quarter into a recession that’s likely to deepen further as households limit spending to essentials and companies cut back on investment, production and hiring to stay afloat amid the coronavirus pandemic.
Gross domestic product shrank an a...

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Boeing To Lay Off 10% Of Workers In Civil Aviation: Sources

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 JAPAN TODAY
 
 
NEW YORK - Boeing plans to reduce the workforce in its civil aviation unit by 10 percent to cut costs as the coronavirus causes a crisis for airlines, two sources familiar with the matter told AFP.
The layoffs would impact the unit manufacturing the troubled 737 MAX, which has be...

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160,000 Nintendo Game Accounts May Have Been Hacked

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JAPAN TIMES
 
Nintendo Co. has said that about 160,000 accounts for its home video game networking service may have been hit by an unauthorized login.
Birthdays, email addresses and other information of the account holders for game consoles such as Wii U and Nintendo 3DS online, could have been v...

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Firms Across Japan Cut Hours, Suspend Operations After Emergency Coronavirus Declaration Expanded

  • Category:Other
THE JAPAN NEWS
 
The number of retail shops and restaurants that will temporarily close or have reduced business hours is increasing after the government expanded its declaration of a state of emergency to all 47 prefectures in Japan as the new coronavirus continues to spread.
Many companies have...

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JAL Cuts Profit Forecast More Than 40%

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JAPAN TODAY
 
TOKYO - Japanese Airlines on Wednesday slashed its forecast for annual net profits by 43 percent because of the coronavirus, making it the latest carrier to fly into virus-related turbulence as global tourism plummets.
With COVID-19 hammering both domestic and international routes, ...

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Japan, IOC Jostle Over Who Will Pay Billions To Delay 2020 Olympics Over Coronavirus

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NPR
 
The Olympics won't be happening this summer, and a clash between the Tokyo organizers and the International Olympic Committee over who will shoulder the costs of postponing the games is heating up.
Competition was slated to start in July, but last month IOC and Japanese officials agreed to ...

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