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Toyota to Sell EVs in China From ’20

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Toyota Motor Corp. will introduce electric vehicles in China from 2020 and is considering selling battery-powered autos developed by its local partners under the Japanese marque as Beijing prepares to tighten environmental regulations.
“To respond comprehensiv...

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Beaujolais Nouveau Released in Japan Amid Declining Demand

  • Category:Gourmet
JAPAN TODAY
 
TOKYO - The Beaujolais Nouveau 2017 vintage went on sale in Japan on Thursday, but with people's tastes maturing, the traditional celebration of the French wine's seasonal release is on the decline.
As imports of the wine from the Beaujolais region are expected to fall for the fifth...

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GDP Sees 1.4% Annualized Rise, Marking Longest Growth in 16 Years

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Japan’s gross domestic product expanded for the seventh straight quarter in July-September, the longest growth in 16 years, led by strong exports on the back of the global economy recovery, government data showed Wednesday.
The country’s GDP enjoyed such a lo...

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Toshiba Sells TV Business to China's Hisense

  • Category:Event
JAPAN TODAY
 
TOKYO - Struggling Japanese conglomerate Toshiba said Tuesday it has decided to sell its television business to China's Hisense Group as part of its efforts to restore its balance sheet.
Toshiba agreed with the Chinese group to sell 95 percent in shares of its unit Toshiba Visual So...

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Team Rocket Outlines Recruitment Project in Saga Prefecture

  • Category:Event
ROCKET NEWS
 
Team Rocket is getting ready to blast off into the skies above Saga Prefecture.
The prefecture’s Sagaprise! project opened a full website and revealed the details of its collaboration with the evil Pokémon-stealing organization on Wednesday. A press event and livestream was also hel...

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Japanese Households' Financial Assets Rising: Survey

  • Category:Event
JAPAN TODAY
 
TOKYO - An improving job market driven by Japan's economic recovery and booming stock prices helped increase households' net worth this year, a survey showed, suggesting the benefits of Prime Minister Shinzo Abe's reflationist Abenomics policies are broadening.
Households' average f...

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New Blue Cyclamen Variety Unveiled

  • Category:Event
THE JAPAN NEWS
 
NARITA, Chiba Pref. (Jiji Press) — Suntory Flowers Ltd. showed off its new brand of blue cyclamen in Narita, Chiba Prefecture on Thursday.
The cyclamen, which has many indigo petals and is named “Edo no Ao,” was unveiled to the press by the company, a unit of major Japanese food ...

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Toshiba's Quarterly Profit Jumps 76% on Strong Memory Chip Demand

  • Category:Other
JAPAN TODAY
 
Toshiba Corp reported a 76 percent jump in second-quarter operating profit on Thursday, driven by a strong performance from its memory chip unit which it recently agreed to sell for $18 billion.
The struggling industrial conglomerate said operating profit for the July-September quar...

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Inspections Scandal Puts Dent in Nissan’s Profits

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Nissan Motor Co. cut its annual profit forecast by almost 6 percent after announcing a recall of vehicles in Japan that went through an inspection process deemed faulty by the government.
The company halted production at domestic plants for local sales since O...

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Japanese Stocks, Long Shunned, Attracting Billions of Foreign Dollars

  • Category:Other
JAPAN TODAY
 
NEW YORK/TOKYO - Japan is shaking off currency gains that typically punish its stocks, enticing foreign investors including Goldman Sachs Group Inc and BlackRock Inc, which are pumping billions of dollars into the country’s equities.
The Nikkei index rose to its highest levels since...

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