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G-7 Finance Chiefs Agree to Underpin Global Economy

  • Category:Other
THE JAPAN NEWS
 
By Shinichi Ikeda / Japan News Staff Writer
SENDAI — Finance ministers and central bank governors from the Group of Seven major countries agreed on Friday to aim for global economic growth by fully employing three measures — monetary policy, fiscal stimulus and structural reform....

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Nintendo Seeks Growth in Filmmaking

  • Category:Other
THE JAPAN NEWS
 
TOKYO (AP) — Nintendo Co. is eyeing the movie business for growth.
Company spokesman Makoto Wakae said on Monday details are undecided but the work might be a theater release or a DVD.
Nintendo, which makes the Wii U home console and Nintendo 3DS hand-held machine, has licensed i...

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GPlus Media Launches Service to Help Foreigners Find High-quality Rental Housing in Japan

  • Category:Other
JAPAN TODAY
 
TOKYO — GPlus Media, publisher of Japan Today and Real Estate Japan, have launched GPlus Media Housing Service, a comprehensive support service for English-speaking foreigners seeking rental housing in Japan.
Foreigners who qualify for registration* are able to access the rental apa...

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Mitsui To Trim Thermal Coal Assets

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Japanese trading house Mitsui & Co. plans to trim its thermal coal investments amid growing pressure worldwide for companies to cut reliance on the fossil fuel after last year’s landmark climate pact in Paris, its president said on Wednesday.
Mitsui owns mine st...

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G-7 To Take Steps On Global Steel Glut

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — The Group of Seven nations will take steps to tackle a global glut in steel that many blame on overcapacity at Chinese producers of the material used in construction and cars, according to a draft text obtained by Reuters.
If adopted at the G-7 summit in Japan l...

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Takata Reports Y13.8 Bil Annual Loss

  • Category:Other
JAPAN TODAY
 
TOKYO — Scandal-stricken Takata said on Wednesday it logged an annual net loss of 13.8 billion yen ($120 million), as the company struggles with a massive recall crisis over exploding airbags tied to 13 deaths in the United States and Malaysia.
U.S. auto safety regulators last week ...

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Sharp May Cut 3,000 Jobs in Japan

  • Category:Other
THE JAPAN NEWS
 
The Yomiuri Shimbun
Sharp Corp., which is undergoing management restructuring, is considering a plan to cut up to 3,000 jobs, or about 15 percent of its workforce in Japan. The job cuts will likely take place in its poorly performing solar power business and head office administr...

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Toyota Expects Strong Yen To End String Of Record Profits

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Toyota Motor Corp. forecast a bigger-than-expected 35 percent tumble in net profit for the current year due to the sharp appreciation of the yen, ending three straight years of record profits driven in part by a weak currency.
The automaker said on Wednesday pro...

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Nissan Confirms It Is In Tie-up Talks Mitsubishi Motors

  • Category:Driving
JAPAN TODAY
 
TOKYO — Nissan Motor confirmed on Thursday it was in capital tie-up talks with scandal-hit Mitsubishi Motors, as media reports said the deal would effectively be an acquisition that would create a mega-automotive group.
The deal, if agreed, would create a firm that would rival globa...

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Seven & i's New Head Keen On Advisory Role for Departing CEO Suzuki

  • Category:Other
JAPAN TODAY
 
TOKYO — The incoming head of Japan’s Seven & i said he is keen for his predecessor Toshifumi Suzuki, who resigned last month after a power struggle, to become an adviser to the $90 billion retail conglomerate - an olive branch that could help mend a divided board.
The gesture by Ryu...

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