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Carmakers optimistic about U.S. market prospects in 2015

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JAPAN TODAY
 
DETROIT — With the price of gasoline at its lowest level in half a decade and the U.S. economy more robust, carmakers are bullish about prospects for the American market in 2015.
 
November car sales hit their best level in more than a decade, helped by the “Black Friday” marketing ...

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Tokyo's new fish market to open in 2016

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NEWS ON JAPAN
 
The Tokyo metropolitan government decided Wednesday to relocate the Tsukiji market, Japan's largest fish market, in Chuo Ward to the Toyosu district of Koto Ward in early November 2016.
The metropolitan government agreed on the relocation schedule at the day's meeting with industr...

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Biz groups plan body to support Tokyo Olympics

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THE JAPAN NEWS
 
Three major business groups are planning to set up a joint organization to support the successful holding of the 2020 Tokyo Olympic and Paralympic Games, sources said Thursday.
 
The three are the Japan Business Federation (Keidanren), the Japan Chamber of Commerce and Industry a...

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Japan’s Export Volume Falls Despite Weak Yen

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JAPAN WSJ
 
Japan’s exports grew 4.9% in value in November but fell 1.7% by volume, the latest indication that a weaker yen has failed to stoke exports and real economic activity.
 
The figures underscore the challenge facing Prime Minister Shinzo Abe, who won a decisive victory in Sunday’s elect...

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Japan short-term home rental market shows promise but rewards slow to come

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REUTERS
 
Japan seems to have the right mix for developing a vibrant short-term home rental market: a rapidly growing tourism industry, a cheap currency and - unlike many countries - 8 million vacant homes.
 
    Adding to the attractive business case is a reform-minded national government keen t...

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ABB, Hitachi to set up power grid joint venture in Japan

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REUTERS
 
Swiss engineering group ABB (ABBN.VX) said on Tuesday it had agreed to set up a joint venture with Hitachi (6501.T) to market high-voltage direct current (HVDC) power transmission equipment in Japan.
 
The two companies are hoping to profit from a renewable energy push in Japan, where t...

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Japan Free Trade Agreement to come into force in January

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RURAL
 
The Federal Trade Minister Andrew Robb has announced that Australia's free trade agreement with Japan will begin on January 15.
 
Mr Robb says the implementation of the Japan-Australia Economic Partnership Agreement (JAEPA) will mean exporters will benefit from two rounds of tariff cuts i...

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McDonald's is running out of fries in Japan

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THE VERGE
 
Does the flap of a  butterfly's wings in Brazil set off a tornado in Texas? Not necessarily, but a labor dispute on the west coast of the United States has caused 3,135 Japanese McDonald's to restrict their sales of french fries. The dispute, between 20,000 dockworkers and the shippin...

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Japan Stocks Rise After Yen Weakens, Recesssion Worsens

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BLOOMBERG
 
The Topix index rose a seventh day as the yen held losses after posting its steepest daily decline in a month on U.S. jobs data, outweighing a report that showed Japan’s recession was deeper than expected.
 
Bridgestone Corp., a maker of tires that gets about 81 percent of sales overs...

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Qantas launches new direct flights to Japan

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SMH
 
Qantas Airways will launch direct flights between Brisbane and Tokyo's Narita Airport and shift its Sydney-Tokyo flights to Haneda Airport closer to the centre of the Japanese capital next year.
 
The changes come after the airline last month gained prized slots at Haneda at times convenien...

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