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Gov't To Import 4,000 Tons of Butter To Ease Shortage

  • Category:Other
JAPAN TODAY
 
TOKYO — The Ministry of Agriculture, Forestry and Fisheries has announced a plan to increase butter imports by 4,000 tons in preparation for the Christmas and Valentine seasons.
The ministry implemented a similar policy last year as milk production declined in Hokkaido and other pre...

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Crunch Choice on New Jet Fighter Looms Over Tokyo Air Show

  • Category:Other
JAPAN TODAY
 
TOKYO — Faced with a growing North Korean threat and expanding Chinese power, Japan’s military and aerospace industry will use this week’s airshow in Tokyo to push the case to develop a highly advanced, and costly, stealth fighter jet.
The new fighter, dubbed the F-3, will serve as ...

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Nikkei ends above 17,000

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The benchmark Nikkei average closed above 17,000 for the first time in about one month on the Tokyo Stock Exchange on Tuesday, thanks to a surge in crude oil prices and the yen’s fall against the dollar.
The 225-issue Nikkei Stock Average gained 164.67 points...

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Seven & I Adds Property Arm, Divests Stores In Overhaul

  • Category:Shopping
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Seven & i Holdings Co. unveiled a restructuring plan to divest struggling departments stores and set up a real estate division, in a bid to focus on boosting profit at its core 7-Eleven business.
The new unit, to be created this fiscal year, will explore redev...

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Sony To Launch New Device To Operate Smartphones by Voice

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Sony Corp. said Thursday it will launch Xperia Ear, an earphone-shaped device that enables users to operate smartphones hands-free and verbally, on Nov. 18.
With the new accessory, users will be able to make phone calls and use messaging apps such as Line wit...

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Renault-Nissan Boss Says He Needs UK Brexit Guarantees

  • Category:Driving
JAPAN TODAY
 
PARIS — Renault-Nissan will need guarantees from the British government over the impact of Brexit on its business before committing to further investment in Nissan’s plant in the northeastern English city of Sunderland, the automaker’s boss says.
“If I need to make an investment in ...

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Brewer Asahi to Bid for SABMiller's East Europe Business

  • Category:Gourmet
JAPAN TODAY
 
TOKYO — Japan’s brewer Asahi Group plans to offer more than $4.87 billion for British SABMiller’s beer operations in five Eastern European countries, a report said Wednesday.
The Japanese brewer previously bought the Peroni, Grolsch and Meantime brands from the world’s top brewer An...

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Robot Developers See New Uses Beyond Factory Work

  • Category:Other
THE JAPAN NEWS
 
Domestic companies in various fields, including automakers, electronics makers and banks, are accelerating the development of robots in anticipation of growing demand for them to perform tasks outside of industrial purposes, such as being capable of having a conversation with peo...

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IMF Boosts Japan Growth Forecast, Warns Over Deflation

  • Category:Other
JAPAN TODAY
 
TOKYO — The International Monetary Fund Tuesday lifted its outlook for Japan’s economy this year and in 2017, pointing to huge government stimulus spending, but warned the country’s longer-term prospects were bleak.
The Washington-based IMF upgraded its growth projections for the wo...

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Weak Spending, Inflation Data Hit Japan Recovery Hopes

  • Category:Other
JAPAN TODAY
 
TOKYO — Spending among Japanese households tumbled last month and consumer prices fell again, data showed Friday, after the Bank of Japan announced it was overhauling a faltering bid to conquer deflation.
The disappointing data marked the latest red flag for the world’s number three...

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