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OYO Hotels Japan To Add 50 Hotels By April 2020

  • Category:Other
MONEY CONTROL
 
OYO Hotels Japan plans to add 50 more hotels by April 2020 in cities like Aomori, Asahikawa, Fuefuki and more, Choudhary added. 
Hospitality firm OYO on October 24 said its joint venture in Japan is planning to add 50 more hotels by April 2020 as part of its expansion plans. OYO H...

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Japan's Softbank Shaken By Wework, But Committing Billions

  • Category:Other
SF GATE
 
TOKYO (AP) — Japanese technology giant SoftBank has committed billions of dollars to bailing out office-space sharing startup WeWork in a daring vote of confidence from its intrepid founder Masayoshi Son.
WeWork's woes are substantial enough that some analysts say they could derail the ...

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Eye-Catching Japan Equity Rally Splits Wall Street Titans On What Comes Next

  • Category:Other
JAPAN TIMES
 
After being seen as one of the worst-performing markets in the developed world, Japan’s recent equity rebound is dividing Wall Street observers on where it will go next.
On the skeptical side, BlackRock Inc. told investors not to chase the rally. Pictet Asset Management Ltd.’s Hiros...

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Uniqlo Ad Sparks Protest And Parody As South Korea-Japan Dispute Flares

  • Category:Shopping
THE JAPAN TIMES
 
SEOUL – A commercial by clothing brand Uniqlo has stirred a consumer backlash in South Korea amid accusations that it mocks victims of wartime labor and “comfort women,” reopening deep wounds from Japan’s colonial past.
A YouTube video created by a South Korean student parodying...

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Wework Boss To Walk Away With $1.7bn After Softbank Rescue Deal

  • Category:Other
THE GUARDIAN
 
Payout comes as US office-sharing firm weighs up sacking 2,000 people as biggest investor SoftBank takes control
WeWork’s co-founder Adam Neumann is in line for a $1.7bn (£1.3bn) payout as investors seize control of the troubled office rentals empire he co-founded and thousands of ...

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After The Storm: Japan’s Recovery Efforts Post-Hagibis

  • Category:Other
INSURANCE BUSINESS
 
On October 12, Typhoon Hagibis made landfall in Japan, causing widespread damage, especially in the Kanto region. It was the strongest storm to hit the region since Typhoon Ida in 1958.
Two experts from international claims firm Crawford & Company – Futoshi Suezawa, country m...

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Seven-Eleven Japan To End Some 24-Hour Operations Amid Labor Crunch

  • Category:Other
JAPAN TODAY
 
TOKYO - Seven-Eleven Japan Co said Monday it will end 24-hour operations at some outlets, becoming the first major convenience store operator to scale back around-the-clock hours to address a labor crunch.
Eight stores will begin cutting back on their operating hours from Nov 1, as ...

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Japan's Cabinet Approves Tougher Rules On Foreigners Owning Stocks Tied To National Security

  • Category:Other
JAPAN TIMES
 
Prime Minister Shinzo Abe’s Cabinet on Friday approved draft legislation to impose tougher rules on foreign investment in stocks related to national security despite opposition from market participants.
The planned rules will require overseas investors to report in advance when they...

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S Korea Cuts Interest Rate Again As Japan Trade Row Rumbles

  • Category:Other
JAPAN TODAY
 
SEOUL - South Korea's central bank on Wednesday cut its key interest rate to the lowest point in two years in an effort to prop up its slowing economy as it is hit by a trade spat with Japan.
The move comes as President Moon Jae-in battles to kickstart inflation -- after prices fell...

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Japan Display CEO Shows Confidence In Turnaround

  • Category:Other
THE JAPAN TIMES
 
Japan Display Inc. President and CEO Minoru Kikuoka said Thursday his company is expected to be profitable in the second half of the current business year through March with its new OLED products projected to reach the market later this year.
Kikuoka, who was promoted from chief...

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