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Toyota to Invest $10 Bil in U.S.

  • Category:Other
JAPAN TODAY
 
DETROIT — Toyota will invest $10 billion in the United States over the next five years, the company said Monday at the annual Detroit auto show.
The announcement comes just days after U.S. President-elect Donald Trump criticized the Japanese manufacturer for a previously-announced r...

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Uniqlo Operator's Profit Jumps on Bargain-shopper Focus

  • Category:Shopping
JAPAN TODAY
 
TOKYO — Uniqlo’s parent company said Thursday that quarterly net profit jumped by almost half from a year ago, as it refocused on a strategy aimed at luring thrifty shoppers.
Fast Retailing’s net profit rose 45 percent to 70 billion yen ($609 million) in the fiscal first quarter to ...

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Record 24 Million Visited from Abroad in 2016

  • Category:Tourism
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The number of visitors to Japan in 2016 jumped 21.8 percent from the previous year to an estimated 24,039,000, renewing its record high for the fourth successive year, Land, Infrastructure,
Transport and Tourism Minister Keiichi Ishii said Tuesday.
The growth...

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Tokyo Stocks Likely to Rise Moderately In 2017; Trump Policies Eyed

  • Category:Other
JAPAN TIMES
 
While traditional investment wisdom holds that the market will be volatile in 2017, Tokyo stocks will likely continue the current “Trump rally” this year, although at a mild pace, supported by a weaker yen and solid corporate earnings.
The course of the stock market in the Chinese z...

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Honda, Toyota Unveil Concept Cars with AI in Las Vegas

  • Category:Driving
THE JAPAN NEWS
 
LAS VEGAS (Jiji Press) — Honda Motor Co. at a major trade show in Las Vegas on Thursday unveiled its NeuV concept self-driving car that can also be used as a driverless taxi and earn money.
Using artificial intelligence technology, the two-seater electric vehicle assesses the dri...

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‘Trump Shock’ After Toyota Tweet Reverberates as Japan Business Community Reacts with Concern

  • Category:Other
JAPAN TIMES
 
A tweet targeting Toyota by the incoming U.S. president has spread a renewed “Trump shock” among Japanese political and business leaders.
President-elect Donald Trump’s tweet blasted Toyota’s plans to make U.S.-bound cars in Mexico, threatening expensive tariffs.
While Trump’s stanc...

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Just 10 Years To Go Before Launch of Maglev Shinkansen

  • Category:Event
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Work for a magnetic levitation, linear motor Shinkansen bullet train line has started in various related locations, with 10 years to go before the scheduled launch in 2027 of the services that will link Tokyo and Nagoya in only 40 minutes at the fastest.
Cons...

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Tokyo Stocks Lead Asia Gains

  • Category:Event
JAPAN TODAY
 
TOKYO — Asian markets were mostly up Wednesday, with Tokyo leading the charge as it returned for the first day of trading after an extended new year break.
The gains follow a strong performance in global markets on Tuesday, as investors reacted to bright economic indicators pointing...

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Nikkei Closes at 20-year High

  • Category:Other
JAPAN TODAY
 
Kumamoto Prefecture’s official mascot Kumamon rings a bell as four-time Olympic wrestling gold medallist Kaori Icho, right, looks on during a ceremony marking the end of trading in 2016 at the Tokyo Stock Exchange (TSE) on Friday. The Nikkei Stock Average ended at a 20-year high of ...

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Nippon Steel President Predicts Low Global Prices to Continue Until at Least 2020

  • Category:Event
THE JAPAN NEWS
 
As low global steel prices caused by overproduction in China continue, Kosei Shindo, president of Nippon Steel & Sumitomo Metal Corp., predicted in a recent interview with The Yomiuri Shimbun that the situation will remain at least until 2020.
“Though the problem won’t be resolve...

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