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Japan: E-commerce Giant DMM Shutters Crypto Mining Business Due to Declining Profitability

  • Category:Other
COINTELEGRAPH
 
Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause. Local business magazine Toyo Keizai reported the shutdown on Dec. 30.
The decision was reportedly taken in September 2018, and initial ste...

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Business Leaders Want Structural Reform, Innovation To Move Japan Forward

  • Category:Other
JAPAN TODAY
 
TOKYO - The Japanese business lobby stressed on Tuesday the importance of structural reforms while pushing for actors in the political and corporate spheres to drive the innovation they say will help overcome the nation's labor and productivity challenges.
In his New Year message, H...

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Japan Stocks Can Be Haven In A Bleak World

  • Category:Other
ECONOMICS TIMES
 
Global equity investors have reason to be concerned: The economic outlook is worsening, interest rates are rising and tensions in the U.S.-China relationship could further harm growth. But all is not bleak. Japan provides a measure of certainty and promise, with a stable governm...

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Prices For Bluefin Tuna Increasing

  • Category:Shopping
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Prices for bluefin tuna from the vicinity of the Tsugaru Strait, including those from Oma, Aomori Prefecture, have been moving at higher levels in December.
Supplies have been recovering in December after staying at low levels due to new curbs on catches in t...

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Nomura Aims For Increased Deal-Related Business In U.S. Push: CEO

  • Category:Other
JAPAN TODAY
 
TOKYO - Nomura Holdings Inc aims to increase its share of business arranging foreign exchange hedging, acquisition finance and other deal-related services for corporate clients in the United States, the CEO of Japan’s biggest investment bank said.
The bank is in the process of re-al...

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A Scramble For New Workers Disrupts Japan's Hiring Practices

  • Category:Other
BUSINESS TIMES
 
Tokyo- IT'S a rite of spring in Japan: Major corporations hire fresh university graduates en masse every April, starting them all at the same salary with assurances of rising pay and lifetime employment.
But lately, some companies, including Rakuten, SoftBank and Line Corp, are b...

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Japan's Tourism Industry Looks To LGBT Market

  • Category:Tourism
JAPAN TIMES
 
 
Japan’s tourism industry is looking for ways to attract LGBT visitors from overseas and take advantage of their tendency to spend more than average tourists.
Tourism-related businesses all over the world are “scrambling” to attract LGBT travelers, who have “considerable purchasing...

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Japan Factory Output Falls In Sign Of Rising Pressure On Economy

  • Category:Event
ECONOMIC TIMES
 
TOKYO: Japan's industrial output contracted in November and partially reversed the previous month's gain, in a sign of fragility in factory activity as increasing global risks threaten to undermine the country's export-reliant economy.
The 1.1 percent month-on-month fall, pressur...

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Nikkei Falls In 2018 Final Session, Marking 1st Annual Loss In 7 Years

  • Category:Other
JAPAN TODAY
 
TOKYO - Tokyo stocks ended slightly lower Friday, the final trading day of the year, with the benchmark Nikkei index losing 12.1 percent in 2018 for its first yearly loss in seven years amid growing concerns about a global economic slowdown following the U.S.-China trade war.
The 22...

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Japan’s Mizuho Bank To Issue Digital Currency

  • Category:Other
THE JAPAN NEWS
 
Mizuho Financial Group Inc. will issue its own digital currency from March at the earliest, which will allow users to make cashless payments via smartphones and fee-free cash transfers among users, it has been learned.
The currency will be the first to be issued by a megabank.
Th...

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