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Japan’s Typhoon Hagibis Wrecked Its Fleet Of Bullet Trains Worth $300 Million

  • Category:Other
BUSINESS INSIDER
 
·  Flooding from Typhoon Hagibis has destroyed a fleet of bullet trains worth ¥32.8 billion ($300 million), according to The Japan Times.
·  The flooded bullet train yard was in Nagano, a city to the northwest of Tokyo.
·  The East Japan Railway Company said 10 trains with a to...

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Panasonic To Team Up With IBM Japan In Improving Semiconductor Manufacturing Processes

  • Category:Event
FINANCIAL POST
 
OSAKA, Japan — On October 15, 2019, IBM Japan, Ltd. and Panasonic Corporation’s subsidiary, Panasonic Smart Factory Solutions Co., Ltd. (hereafter “Panasonic”), announced that the companies have agreed to collaborate to develop and market a new high-value-added system to optimize...

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Crawford Releases Update On Typhoon Hagibis' Damage In Japan

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INSURANCE BUSINESS MAG
 
Crawford & Company has released an update on the path taken and damage inflicted on Japan by Typhoon Hagibis, since it made landfall on October 12.
According to the international claims firm, Hagibis made landfall at 7pm local time on October 12 in Izu Peninsula, southwes...

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Seven & I Holdings To Cut 3,000 Jobs And Close 1,000 Stores

  • Category:Other
JAPAN TIMES
 
Seven & I Holdings Co. said it will close 1,000 unprofitable 7-Elevens and eliminate 3,000 jobs from its other units as the retailer continues its structural reform and cuts back on 24-hour operations.
The convenience chain said it will implement new policies for its franchisees, su...

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Japan's Soft Machinery Orders Heighten Doubts Over Business Spending

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THE GUARDIAN
 
TOKYO (Reuters) - Japan's core machinery orders slipped for the second consecutive month in August, suggesting deeper fissures in business investment and the broader economy from slowing global trade.
A slowdown in China and the U.S.-China trade war have emerged as risks for Japan'...

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Japan Manufacturers' Outlook Less Negative, Service Sector Up

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EURO NEWS
 
TOKYO – Japanese manufacturers’ business outlook was less pessimistic in October while service-sector sentiment rose to a three-month high, the Reuters Tankan poll found, likely easing fears for now of the world’s third-largest economy falling into a recession.
The results could bolst...

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6 Key Takeaways From The U.S.-Japan Trade Deal

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FORBES
 
Topline: The United States and Japan finalized a limited trade agreement on Monday, in a deal that wins back some benefits American farmers lost after President Trump pulled the U.S. out of the Trans-Pacific Partnership (TPP) during his first week of office in 2017. 
Here are the key tak...

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Montana Beef Declared Winner In U.S.-Japan Trade Deal

  • Category:Other
HELEN AIR
 
The U.S.-Japan trade agreement signed Monday by President Donald Trump should deliver several million dollars in beef prices for Montana, the Montana Stockgrowers Association said.
Fred Wacker, MSGA president, who was at the White House for the signing ceremony, said cattle prices had...

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Japan's Household Spending Rises For Ninth Month, Outlook Still Fragile

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THE CHRONICLE HERALD
 
 
TOKYO (Reuters) - Japan's household spending rose for the ninth straight month in August, offering some relief for the export-dependent economy amid the U.S.-China trade war, but a fall in wages points to further strains on consumers after a sales tax hike this month.
The...

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Japanese Business Group In Taipei Pushes Taiwan To Lift Food Import Ban

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JAPAN TIMES
 
TAIPEI – Lifting the ban on food imports from five prefectures imposed in the wake of the 2011 Fukushima nuclear disaster is key for Taiwan to join any economic deals with Japan or other countries in the region, a Japanese business group in Taipei said.
In its annual white paper rel...

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