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EU-Japan Trade Deal Approved For 2019

  • Category:Other
INDEPENDENT ONLINE
 
INTERNATIONAL – European Union and Japanese plans to form the world’s largest free trade area cleared their final hurdle on Wednesday when EU lawmakers backed a partnership set to enter force early next year.
The European Parliament voted 474 in favour to 156 against the agre...

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Japanese Firms See Trade War, Sales Tax Pressuring Economy In 2019: Poll

  • Category:Other
JAPAN TODAY
 
TOKYO  -  Most Japanese firms expect flat or weaker domestic growth next year and are even more pessimistic about global growth amid concerns over the impact of the U.S.-China trade war and a planned sales tax hike at home, a Reuters poll shows.
"There's no doubt the sales tax incre...

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Tough Market for Streaming, Japan Gets Hi-Res Service From Sony Music

  • Category:Other
BILLBOARD
 
 "I’m not sure this service will be successful," remarks a Sony Music Entertainment Japan executive on "mora qualitas," a collaboration with Rhapsody.
Sony Music’s new Japanese high-resolution streaming service may face an uphill battle in a market that’s been slow to embrace streamin...

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Facing Critical Labor Shortage, Japan Opens Door Wider To Foreign Workers

  • Category:Event
NPR
 
Japanese lawmakers have passed controversial legislation expanding the number of semi-skilled foreign workers who can live and work in the notably insular nation for up to five years.
Japan has been pressed to make the change because of a critical labor shortage that results from its rapidl...

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Japan to OK Divisive Bill Allowing More Foreign Workers

  • Category:Event
US NEWS
 
TOKYO (AP) — Japan is preparing to officially open the door to foreign workers to do unskilled jobs and possibly eventually become citizens.
Lawmakers were to vote early Saturday on government-proposed legislation allowing hundreds of thousands of foreign laborers to live and work in a ...

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Japan Foods In Regional Tie-Up With Minor Singapore

  • Category:Other
STRAITS TIMES
 
 
They will run each other's brands in Thailand, China and Japan
Catalist-listed Japan Foods Holding has teamed up with a fellow restaurant operator to run each other's brands in Japan, Thailand and China.
The collaboration involves creating a joint venture with Minor Singapore, a...

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Revenue At Japan's Rakuten Expected To Top 1 Trillion Yen

  • Category:Other
ASIA NIKKEI
 
 
Online retailer expects to be 1st company founded after 1990 to reach milestone
TOKYO -- Japanese online retailer Rakuten expects its revenue to exceed 1 trillion yen ($8.85 billion) for the first time this year, some two decades after it was founded in 1997.
The company believes ...

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Japan Eases Conditions For Solar Power Subsidy Curbs

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — The Japanese government has decided to relax the conditions for cutting solar power subsidies for projects that have not started operations following opposition from power producers and other firms.
The Economy, Trade and Industry Ministry in October had propose...

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Takeda Shareholders Agree To $60 Bil Shire Acquisition

  • Category:Tourism
JAPAN TODAY
 
TOKYO  -  Shareholders at Japanese drug giant Takeda on Wednesday approved a plan to buy Irish pharmaceuticals firm Shire in a deal worth around $60 billion, the biggest foreign takeover ever by a Japanese firm.
A group of rebel investors, including members of the founding family, t...

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Japan Firm Warned Of Legal Step Over Korean Forced Laborers

  • Category:Event
WASHINGTON POST
 
TOKYO — Lawyers for Korean wartime forced laborers have demanded that a Japanese steelmaker respond to their request to discuss compensation, warning Tuesday that they will otherwise take steps to freeze its assets in their country.
The two lawyers asked Nippon Steel & Sumitomo ...

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