THE MAINICHI
 
TOKYO (Kyodo) -- A governmental panel in charge of postal privatization proposed in a report Wednesday that the deposit ceiling at Japan Post Bank Co. be raised to 26 million yen ($235,000) from 13 million yen, raising concern that the state-backed bank could gain an unfair advanta...

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JAPAN TIMES
 
Prime Minister Shinzo Abe on Wednesday asked business leaders to raise wages to spur consumption and mitigate the impact of next October’s planned sales tax hike, the sixth consecutive year he has requested such an increase.
“I would like to request a wage hike that will further cem...

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BBC
 
Japan's main stock market index has plunged, reflecting traders' worries following a slide on Wall Street.
The Nikkei closed down 5% on Tuesday, its worst finish since April 2017. Indexes in Shanghai, Bangkok and Taiwan also fell.
Investors have been concerned about President Trump's disput...

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JAPAN TODAY
 
SENDAI - The owner of a shop specializing in products made from sharkskin hopes it will help revitalize a northeastern Japanese city devastated by tsunami and fire in March 2011 following a powerful earthquake.
Makiko Kumagai, 58, opened the store "Sharks" in a make-shift shopping d...

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THE JAPAN NEWS
 
OSAKA (Jiji Press) — A meeting was held on Monday for talks on the roles of three major airports in the Kansai region and how to better utilize them.
Major topics at the meeting, the first of its kind in eight years and eight months, included reviews of the operations of Osaka In...

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JAPAN TODAY
 
TOKYO - Nissan Motor Co has scrapped a company rule that effectively gave its former Chairman Carlos Ghosn discretion over executive pay, following criticism it may have allowed him to engage in alleged financial misconduct, sources close to the matter said.
As part of its efforts t...

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CNBC
 
Japan faces fewer micro and macro economic issues compared to the U.S., Europe and China — and might end up being one of the best bets in 2019, according to Viktor Shvets, the head of Asian strategy for Macquarie's commodities and global markets team.
Amid global market volatility and slow...

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JAPAN TODAY
 
TOKYO  -  Japan's Hitachi on Monday announced plans to buy a majority stake in the power grid business of Swiss-Swedish engineering giant ABB for $6.4 billion, in what would be its biggest ever buyout.
The deal would make Hitachi the world's largest power grid company, local media s...

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THE STAR ONLINE
 
TOKYO: SoftBank Corp shares slumped more than 10 percent in their debut on Wednesday, as investor appetite for Japan's biggest ever IPO was hurt by a recent major service outage and worries over its exposure to Chinese telecom gear maker Huawei.
Following its $23.5 billion initi...

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THE JAPAN NEWS
 
 
YOKOHAMA (AP) — Nissan’s board met Monday but failed to pick a new chairman to replace Carlos Ghosn, who was arrested last month on charges of violating financial regulations, saying more discussion was needed.
Nissan Motor Co. Chief Executive Hiroto Saikawa told reporters that...

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