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Economy, Strong Yen Defuse 'Explosive' Chinese Shopping In Japan

  • Category:Shopping
JAPAN TODAY
 
TOKYO — Chinese tourists spent less in Tokyo shops during the Lunar New Year holidays compared with a year earlier, retailers said, as a stronger yen and slower economic growth at home discouraged the kind of “explosive buying” that became a buzzword in 2015.
Isetan Mitsukoshi Holdi...

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Concert Ticket Resale Market Growing Fast

  • Category:Event
THE JAPAN NEWS
 
By Mamoru Kurihara / Yomiuri Shimbun Staff Writer
The “secondary distribution” market for reselling concert tickets has been expanding rapidly, bolstered by the proliferation of intermediary services that sell the tickets online. There are merits to being able to sell unneeded ti...

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Japan Aso: G20 to discuss China, Oil, U.S. Monetary Policy

  • Category:Other
REUTERS
 
Japanese Finance Minister Taro Aso said on Friday that finance chiefs from the Group of 20 major economies will discuss China's excess capacity, tumbling oil prices, and U.S. monetary policy when they meet in Shanghai next week.
"China's excess capacity and its excess financial credit, ...

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Japan's Sharp To Vote On Rival Takeover Bids On Thursday: Sources

  • Category:Other
REUTERS
 
Sharp Corp (6753.T) plans to choose between rival rescue offers as soon as Thursday, as a favoured bid from Taiwan's Foxconn continues to be challenged by a Japanese state-backed investment fund, people with direct knowledge of the matter said. The board of the ailing electronics maker ...

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Japan, U.S. Reach Deal On Daytime Haneda Slots

  • Category:Other
THE JAPAN NEWS
 
The Yomiuri Shimbun
The Japanese and U.S. governments agreed on Thursday to set a total of 10 new daytime slots for round-trips between the two countries at Tokyo’s Haneda Airport.
The agreement was reached in civil aviation talks between the two countries that started Tuesday.
W...

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Nissan To Build Cars In Myanmar For First Time

  • Category:Driving
JAPAN TODAY
 
YANGON — Japanese auto giant Nissan will start assembling cars in Myanmar for the first time this year, the company said Wednesday, as it expands its presence in one of Asia’s final economic frontiers.Foreign companies have piled into the Southeast Asian nation since reforms began i...

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Japan’s Daicel and Britain’s BAE Target Helicopter Air Bags for U.S. Army

  • Category:Other
THE JAPAN TIMES
 
Japanese air bag component maker Daicel Corp. and Britain’s biggest defense firm, BAE Systems, are designing an air bag for military helicopters that they hope to sell to the U.S. Army, according to three sources with knowledge of the proposal.
The two companies will finalize a ...

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2 Major Brewers Enjoy Record Sales in 2015

  • Category:Other
THE JAPAN NEWS
 
 
 
Jiji Press
TOKYO (Jiji Press) — Two of the four major Japanese brewers enjoyed record consolidated sales and operating profits in 2015, powered by brisk overseas performance, their latest earnings data have shown. The two are Suntory Holdings Ltd. and Asahi Group Holdings Ltd...

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Honda Releases Hybrid Model of Odyssey Minivan

  • Category:Driving
JAPAN TODAY
 
TOKYO — Honda Motor Co Ltd has released a hybrid model of its Odyssey (and Odyssey Absolute) minivan and a gasoline-powered model developed by partially remodeling the existing model of the vehicle.
The hybrid model is Honda’s first high-grade minivan equipped with the company’s i-M...

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Japan's Economy Contracts In Fourth Quarter

  • Category:Other
BBC WORLD
 
Japan's economy contracted in the final three months of 2015, adding to a string of setbacks for the government's economic reform policy. Between October and December, it shrank by 0.4% compared with the previous quarter, official figures show.
Expectations for the numbers were for a ...

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