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BOJ Adds Long-term Interest Rate Target to Massive Asset-buying Program

  • Category:Other
JAPAN TODAY
 
TOKYO — The Bank of Japan overhauled its monetary policy framework on Wednesday, switching to targetting interest rates and sidelining more than three years of massive money printing that did little to jolt the economy out of a decades-long funk.
But the BOJ held off on deepening ne...

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Takata Said to Plan Shortlist of Bidders

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Bloomberg) —Takata Corp., the embattled Japanese air-bag supplier that’s put itself up for sale after triggering the auto industry’s biggest safety recall, aims to shortlist two to three candidates by October, according to people familiar with the process.
Bidders for Toky...

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Daihatsu Targets New Light Car at Single Women

  • Category:Driving
JAPAN TODAY
 
TOKYO — Daihatsu Motor Co Ltd has released the Move Canbus light car. It is targeted at single women aged around 30 and is the first light car equipped with the AFS (Adaptive Front-Light System), which changes the direction of the headlights in accordance with steering operations. I...

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Mitsubishi Considers Lawson Majority Stake

  • Category:Driving
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Mitsubishi Corp. plans to launch a tender offer for Lawson Inc., the third-largest convenience store chain in the country, in a bid to raise its equity stake to over 50 percent from 33.4 percent at present, informed sources said Thursday.
The share acquisitio...

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Fast-food price war a sign of deflation for Bank of Japan

  • Category:Gourmet
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Fast-food lunches in Japan are starting to get cheaper as consumers look to trim their dining expenses, a worrying sign for the central bank as it tries to bring about inflation.
Japan’s fast-food chains have lowered menu prices over the last six months, with ...

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Department Stores Pin Hopes On ‘Around 50’ Generation

  • Category:Shopping
THE JAPAN NEWS
 
Major department stores are focusing on fashion for customers who are around 50 years old, developing their own brands in the hope of boosting sluggish clothing sales.
Customers in this age group are thought to be fashion-conscious because they experienced the affluence of the bu...

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McDonald’s Japan To Introduce a Super Cheap Value Lunch Menu

  • Category:Gourmet
JAPAN TODAY
 
TOKYO — Starting Monday, McDonald’s Japan will introduce a Value Lunch Menu that allows you to eat cheap during the midday rush. A Big Mac or Chicken Fillet and a small drink will only cost you 400 yen.
You can also get a Teriyaki McBurger, Double Cheeseburger, or Filet-O-Fish Set w...

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BOJ Signals Shift Away From Surprise Policy Tactics with New Transparency

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Bloomberg) — The Bank of Japan is ditching the tactic under Gov. Haruhiko Kuroda of surprising markets with its monetary decisions.
That’s the conclusion of BOJ watchers sifting through speeches and media appearances with Kuroda and other officials in recent weeks, which h...

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Japan's Economy Barely Grows in April-June: Revised Data

  • Category:Other
JAPAN TODAY
 
TOKYO — Japan’s economy barely grew in the April-June quarter, revised data showed Thursday, supplying the latest failing report card for the prime minister’s policy blitz. Growth in the world’s third-largest economy came in at 0.2 percent on-quarter, slightly better than a 0.0 perc...

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Japanese Bank Releases Hatsune Miku Credit Card with Exclusive Member Benefits

  • Category:Other
JAPAN TODAY
 
TOKYO — If there’s one thing we love about banking in Japan, it’s the chance to score some adorable looking credit cards that you can’t get anywhere else in the world. So far, we’ve seen cards decorated with characters from “Evangelion,” “Attack On Titan,” “Sailor Moon” and even “Po...

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