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Plants Shut Down After Quake, Fueling Economic Fears

  • Category:Other
JAPAN TODAY
 
TOKYO — Some of Japan’s biggest firms including Sony and Toyota shut down operations in southern Japan Friday after the region’s deadly earthquake, but analysts said while the economy could be affected the impact would be far less than previous disasters.
At least nine people were k...

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Luxury Or Bust For Foreign Automakers in Japan

  • Category:Other
JAPAN TODAY
 
TOKYO — Tokyo businessman Randal Furudera isn’t about to swap his German-made BMW M5 for a “boring” Japanese car, although he’ll give them some grudging respect for their ho-hum dependability.
Deep-pocketed buyers like Furudera are driving sales in Japan of high-end foreign brands, ...

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Mori Building to Turn Toranomon Into Global Business Hub

  • Category:Other
JAPAN TRENDS
 
Mori has made its mission to create “cities-within-the-city” complexes, most notable in Roppongi but also in Aoyama with the Omotesando Hills.
In mid-2014 Mori Building opened the Toranomon Hills complex, the latest addition to the ever-changing Tokyo skyline.
But Toranomon Hills i...

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Market Would Have Been Worse Without Negative Rate, Kuroda Says

  • Category:Other
JAPAN TIMES
 
The nation’s financial markets would have been in worse shape if the Bank of Japan had not adopted a negative interest rate, BOJ Gov. Haruhiko Kuroda said, rejecting suggestions the new policy has been counterproductive.
“I really don’t think that the introduction of the negative in...

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New Tech Plan Envisions 3-D Maps For Driverless Cars

  • Category:Other
THE JAPAN NEWS
 
The Yomiuri Shimbun
Three-dimensional maps, a feature essential for self-driving vehicles, could be made from big data that the government plans to compile as part of its initiative to create a “super-smart society,” The Yomiuri Shimbun has learned.
The goals were contained in a ...

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Convenience Stores Buck Poor Sales Trend

  • Category:Shopping
THE JAPAN NEWS
 
By Kentaro Kuroki / Yomiuri Shimbun Staff Writer
Convenience store operators continued to enjoy solid performances for the business year ending February as general merchandise stores and department stores suffered poor sales, according to the financial reports of major retailers ...

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Tokyo Leads Most Asia Markets Up But Fears Linger

  • Category:Other
JAPAN TODAY
 
TOKYO — A fall in the yen pushed Japan’s stock market higher in early trade Tuesday, helping it lead a broad Asia-wide advance, although analysts warned worries about the world economy and earnings would temper any rally.
World markets have been unable to maintain their momentum aft...

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Mori Building Unveils Redevelopment Projects For Toranomon Hills Area

  • Category:Other
JAPAN TODAY
 
TOKYO — Mori Building Co on Wednesday unveiled ambitious plans for a large-scale development project surrounding the current Toranomon Hills office and retail complex in central Tokyo.
About 400 billion yen ($3.7 billion) will be spent on the construction of three towers around the ...

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Haneda to Expand Business Jet Slots to Draw More Visitors

  • Category:Other
THE JAPAN NEWS
 
The Yomiuri Shimbun
The transport ministry will allow Tokyo’s Haneda Airport to accommodate more foreign business jets, doubling the number of takeoffs and landings to up to 16 per day by the end of this month, it has been learned.
The Land, Infrastructure, Transport and Tourism ...

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Clothing Giant Uniqlo: Again The Face of Japan's Deflating Economy

  • Category:Shopping
JAPAN TODAY
 
TOKYO — When Japan’s cheap-and-cheerful clothing brand Uniqlo raised its prices in 2014, it was an endorsement of Prime Minister Shinzo Abe’s efforts to stimulate a lackluster economy: with confidence high, even purveyors of affordable jumpers became price setters.
But as Abe’s expa...

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