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Small Firm Shows Scars Of China’s Economic Woes

  • Category:Other
THE JAPAN NEWS
 
JOETSU, Niigata (Reuters) — In snow country along Japan’s northern coast, a small manufacturer of precision molds is feeling the pain of China’s economic slowdown.
Orders have slowed to a trickle at Nagumo Seisakusho Co., which supplies big auto-parts makers such as Denso Corp. a...

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Japan To Crack Down On Struggling Regional Banks

  • Category:Other
NIKKEI ASIAN REVIEW
 
Many lenders that serve localities have scant prospects of improvement
TOKYO -- Regional banks in Japan that are barely getting by will soon face even greater pressure from the government to overhaul operations in an effort to grapple with a sector battered by shrinking popu...

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Companies Offer Smaller Pay Increases Amid Sputtering Economy

  • Category:Other
JAPAN TODAY
 
TOKYO - Big Japanese firms offered smaller pay increases at annual wage talks on Wednesday as the economy sputters, tempering hopes that domestic consumption will offset external risks to growth.
Major firms are set to raise wages for a sixth straight year as Prime Minister Shinzo A...

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Japan Sees Global Growth Risks Persisting On Trade War, China Slowdown

  • Category:Other
JAPAN TODAY
 
TOKYO - Downside risks in the global economy are likely to persist over the medium to long term, pressured by the Sino-U.S. trade war and a slowdown in China, Japan's top financial diplomat said.
Masatsugu Asakawa, vice finance minister for international affairs, said he hoped Washi...

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Personal Seals Lose Ground As Big Japanese Banks Stop Using 1800s Technology

  • Category:Other
THE JAPAN TIMES
 
 
It has taken more than a century, but Japanese banks are finally parting ways with a piece of technology that hasn’t felt cutting edge since the shogun reigned.
Hanko, the personal stamps required for even simple transactions in the country since the 1800s, are getting phased ...

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Japan's Coincident Index Suggests Economy At "Turning Point"

  • Category:Other
THE STAR
 
TOKYO (Reuters): Japan's coincident indicator index fell for a third straight month in January, prompting the government to downgrade its outlook on Thursday as the index indicated the economy could have reached the peak of its long-term business cycle.
Calculated from a range of data,...

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Nissan Wary Of Ghosn Rekindling Coup Theory

  • Category:Other
THE JAPAN NEWS
 
Nissan Motor Co. has been wary of renewed criticism toward it since its former Chairman Carlos Ghosn was released on bail Wednesday.
Ghosn is said to believe that his arrest was the result of a coup carried out by senior Nissan officials who were against his plan to integrate Nis...

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Japan's Fourth Quarter GDP Seen Revised Up On Stronger Business Spending: Reuters Poll

  • Category:Other
REUTERS
 
TOKYO (Reuters) - Japan’s economy likely expanded faster than initially estimated in the fourth quarter due to stronger business investment, a Reuters poll showed on Tuesday.
But a batch of weak recent data such as exports and factory output has raised concerns that weakening global dem...

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Cabinet Approves Bill To Lower Mobile Phone Fees In Japan

  • Category:Other
JAPAN TODAY
 
TOKYO - The cabinet of Prime Minister Shinzo Abe on Tuesday approved a proposed legal revision to lower fees for mobile phone services amid criticism that Japanese carriers charge too much compared to other countries.
The proposed bill to revise the telecommunications business law w...

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Japan's Ambassador Warns More Firms Could Leave UK Over Brexit

  • Category:Event
SKY NEWS
 
 The Japanese ambassador to the UK tells Sky News his country is "perplexed" by the UK's departure from the EU.More Japanese companies may relocate away from the UK in the coming months if Britain does not seal a promising post-Brexit deal, the Japanese ambassador has warned.
In an exc...

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