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Honda to Fully Remodel Freed Compact Minivan

  • Category:Driving
JAPAN TODAY
 
TOKYO — Honda will release a new model of its Freed compact minivan in the fall of 2016.
The current model of the Freed was released in May 2008, and this will be the first time in eight years that the vehicle has been fully remodeled, Honda said.
The current model is available as (...

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Japan Clobbered By Weak Inflation, Business Confidence

  • Category:Other
JAPAN TODAY
 
 
 
Tokyo (AFP) — Japan was clobbered with a one-two punch Friday as weak data and a lackluster business confidence report underscored the slowdown dragging on the world’s number three economy.
The poor readings will heap pressure on policymakers to unveil more stimulus, after the y...

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Mitsui Aims To Triple Profit From Energy

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Mitsui & Co plans to invest in natural resource assets, taking advantage of weak commodity prices, with an aim to more than triple its annual profit from the energy and metals segments to around $2 billion by 2020, its chief executive said.
Mitsui’s move is in c...

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Japan’s Economic Relations With Bangladesh Deepening

  • Category:Other
THE JAPAN NEWS
 
Economic relations between Bangladesh, whose capital Dhaka was the site of a recent terrorist attack, and Japan have been rapidly deepening. An increasing number of Japanese companies choose the country rather than China as a production base due to its low labor costs.
Because Ba...

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Sony to Relaunch Robot Business

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Sony Corp. has said that it will restart its robot business following a 10-year hiatus after the nation’s electronics maker ended the production of AIBO dog-like robots in 2006.
The company already works on product planning and development of business models ...

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Toyota Recalls 3.37 mil. Cars Worldwide

  • Category:Driving
THE JAPAN NEWS
 
WASHINGTON/TOKYO (Reuters) — Toyota Motor Corp. has recalled 3.37 million cars worldwide over possible defects involving air bags and emissions control units.
The automaker on Wednesday said it was recalling 2.87 million cars over a possible fault in emissions control units.
That...

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Toyota And Union Put Case For Keeping Britain in EU

  • Category:Driving
JAPAN TODAY
 
LONDON — Japanese carmaker Toyota sent a letter to its British staff Monday, jointly signed by Britain’s biggest union Unite, warning of the economic consequences of the country leaving the European Union.
Ahead of Thursday’s referendum on British EU membership, Toyota said it wishe...

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Line, The Year's Biggest Tech IPO, Struggles To Show Its Growth Plan Can Work

  • Category:Other
JAPAN TODAY
 
TOKYO — In delaying its IPO by two years, Japanese messaging app company Line Corp bought time to correct weak financial reporting controls, work on its business plan, bolster staffing - and left billions of dollars on the table as its valuation shrivelled.
Line’s initial public off...

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Nikkei Plunges Almost 8% in Brexit Selloff

  • Category:Other
JAPAN TODAY
 
TOKYO — Tokyo’s benchmark stock index nosedived almost 8% Friday as Britain’s decision to leave the European Union sparked an avalanche of selling and wild swings on currency markets.
The Nikkei 225 plunged 7.92%, or 1,286.33 points, to 14,952.02 in its biggest one-day fall since Ja...

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Scandal-hit Mitsubishi Motors Forecasts Y145 Bil Loss

  • Category:Other
JAPAN TODAY
 
TOKYO — Mitsubishi Motors on Wednesday warned it is on track to lose 145 billion yen ($1.4 billion) this fiscal year in the wake of a mileage-cheating scandal that slammed the brakes on sales.
The expected shortfall would reverse a year-earlier profit and mark the automaker’s first ...

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