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BOJ Keeps Policy Unchanged Amid Growing Pressure to Discuss Stimulus Exit Plan

  • Category:Event
JAPAN TIMES
 
With inflation still distant from its target, the Bank of Japan left its monetary stimulus program on cruise control, saying improving private consumption will support a growing economy.
The policy statement Friday came on the heels of the Federal Reserve’s third interest rate incre...

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Nikkei Hits 22-month Closing High

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The benchmark Nikkei average advanced further to end at its highest level in about 22 months on the Tokyo Stock Exchange on Tuesday, supported by the yen’s weakening against the dollar and U.S. equities’ advance overnight.
The 225-issue Nikkei average jumped ...

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U.N. Rights Rapporteur Criticizes Passage of ‘Conspiracy Bill’

  • Category:Event
JAPAN TODAY
 
TOKYO - The U.N. special rapporteur on the right to privacy, Joseph Cannataci, has criticized the enactment of a law targeting conspiracies to commit terrorism and other serious crimes on Thursday.
In an email to Reuters, Cannataci said the Japanese government had used "the psycholo...

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Air Bag Maker Takata to File for Bankruptcy This Month, Sources Say

  • Category:Event
JAPAN TODAY
 
NEW YORK/WASHINGTON - Takata Corp, the Japanese company facing billions in liabilities stemming from its defective air bag inflators, is preparing to file for bankruptcy as early as next week as it works toward a deal for financial backing from U.S. auto parts maker Key Safety Syste...

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Calbee to Resume Potato Chip Sales

  • Category:Gourmet
JAPAN TODAY
 
TOKYO - Snack food maker Calbee Inc it will restart selling three brands of potato chips it halted in April from next week, as it is now able to procure enough potatoes.
Calbee had stopped sales of some of its potato chip brands due to a shortage of potatoes in Japan caused by a poo...

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Toyota Chiefs Vow to Work for Future Growth

  • Category:Event
THE JAPAN NEWS
 
TOYOTA, Aichi (Jiji Press) — Toyota Motor Corp. President Akio Toyoda told shareholders Wednesday that he will “work hard for sustainable growth” after the company suffered its first falls in both sales and profit in five years.
The leading automaker reported its business results...

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New Panda Cub Expected to Bring Y26.7 Bil Economic Boost

  • Category:Driving
JAPAN TODAY
 
OSAKA - A recently born giant panda cub is expected to bring a 26.7 billion yen ($242 million) economic boost to the Japanese capital, a university professor says.
The giant panda cub born Monday at the Ueno Zoological Gardens will bring as big of an impact as "a professional baseba...

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End of an Era for Shimokitazawa Market

  • Category:Shopping
THE JAPAN NEWS
 
The brown, light blue and gray tin roofs of Ekimae Shokuhin Ichiba, a shopping street whose name literally means a food market in front of a station, form a patchwork in front of Shimokitazawa Station in Setagaya Ward, Tokyo. This small strip has been popular for many years but i...

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Fujifilm Reports Bigger-than-expected Loss On Accounting 'Irregularities'

  • Category:Event
JAPAN TODAY
 
TOKYO - Fujifilm on Monday announced it would take a bigger-than-expected loss from "accounting irregularities" at two subsidiaries, but described them as having only a minor impact on its finances.
The news comes several months after Fujifilm -- which shifted into other businesses ...

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Asahi, Suntory To Enter Western Gin Market

  • Category:Event
THE JAPAN NEWS
 
The Yomiuri Shimbun - Major Japanese alcoholic beverage companies are preparing to export gin.
Over the past few years, Japanese whisky has been gaining popularity overseas and its export has been increasing. The companies are now aiming to enter the market for gin, which has als...

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