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Nissan’s Old Guard Struck Back Against Their ‘Gaijin’ Saviour, and Japan Inc May Be The Worse For it

  • Category:Other
THE STAR
 
THE Empire has struck back. Japan Inc and Nissan Motor last week struck back against the French government, carmaker Renault and Carlos Ghosn.
The narrative spun by Nissan and apparently condoned by Japanese authorities is that the former high-flying head of the Nissan-Renault-Mitsubis...

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Inflation in Japan Unchanged at 1% in October

  • Category:Event
JAPAN TODAY
 
TOKYO  -  Inflation in Japan stood at one percent in October, unchanged from the previous month, according to government data published Thursday, as the world's third-largest economy continues its years-long struggle with deflation.
October's price rise was in line with market conse...

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Nissan Board Dismisses Ghosn

  • Category:Event
THE JAPAN NEWS
 
Nissan Motor Co. dismissed Representative Director and Chairman Carlos Ghosn, who has been arrested on suspicion of violating the Financial Instruments and Exchange Law. The decision was made at an extraordinary board of directors meeting on Thursday.
The move was aimed at extric...

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Raze, Rebuild, Repeat: Why Japan Knocks Down its Houses After 30 Years

  • Category:Other
THE GUARDIAN
 
Unlike in other countries, Japanese homes become valueless over time – but as the population shrinks, can its cities finally learn to slow down and refurb?
In the suburban neighbourhood of Midorigaoka, about an hour by train outside Kobe, Japan, all the houses were built by the sam...

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BOJ Assets Larger Than Nation’s GDP

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Japan’s central bank has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade spending spree designed to accelerate weak price growth.
The ¥553.6 trillion ($4.87 trillion) of assets th...

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Japanese Firms See U.S. Trade Talks Boosting Exports Despite Trump Rhetoric

  • Category:Other
JAPAN TODAY
 
TOKYO - Half of Japanese companies expect new trade talks with Washington to boost their U.S.-bound exports, a Reuters poll found, despite President Donald Trump’s intensifying drive to cut the trade gap between the two major economies.
There are, however, concerns among more than h...

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SoftBank Unveils US$21b IPO of Japan Mobile Business

  • Category:Other
THE STAR
 
TOKYO: SoftBank Group Corp. is seeking to raise 2.4 trillion yen ($21.1 billion) in the initial public offering of its domestic telecom operations scheduled for Dec. 19.
The Japanese technology conglomerate plans to sell 1.6 billion shares at 1,500 yen apiece, it said in a statement Mo...

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Abe orders Cabinet to Mitigate Impact of Coming Consumption Tax Hike

  • Category:Other
JAPAN TIMES
 
Prime Minister Shinzo Abe ordered his Cabinet ministers Monday to make sure domestic demand continues to expand ahead of the consumption tax hike planned for next October.
“While closely monitoring the economic situation at home and abroad, we will respond properly to sustain the ec...

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Takeda Sets Vote Date, Aims to Close US$62 Billion Shire Deal Jan. 8

  • Category:Tourism
CHANNEL NEWS ASIA
 
Japan's Takeda Pharmaceutical will hold an investor vote on its US$62 billion acquisition of Shire next month and aims to close the deal on Jan. 8, signaling its confidence in securing the required support.
LONDON: Japan's Takeda Pharmaceutical will hold an investor vote on it...

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Japan's Corporate Image Hit by Falsification Scandal: Poll

  • Category:Event
JAPAN TODAY
 
TOKYO  -  Almost three-quarters of Japanese firms said the recent data falsification scandal involving KYB Corp, a maker of earthquake shock absorbers, has hurt Japan's corporate image, a Reuters poll found, although few saw any impact on their businesses.
KYB last month admitted it...

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