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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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

  • Category:Other
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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Salesforce to Grow in Japan IT Market with 2nd Data Center

  • Category:Other
ZACKS
 
Going ahead with its strategy of global expansion, the CRM platform provider salesforce.com, Inc. (CRM - Analyst Report) recently announced that it intends to open a new data center in Japan. The new data center will help Salesforce to reach businesses and government agencies in the count...

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Japan's SoftBank invests $250m in GrabTaxi

  • Category:Other
BBC
 
Tokyo-based mobile carrier giant Softbank Corp said it has invested $250m (£159.2m) in one of Southeast Asia's fastest growing taxi app services, GrabTaxi.
 
The move will make Softbank's internet and media arm the taxi app's largest investor.
 
GrabTaxi was founded in Malaysia but earlier ...

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Japan's economy likely shrank less than expected in third-quarter, but still fragile

  • Category:Other
REUTERS
 
Japan's economy likely shrank less than initially estimated in the third quarter thanks to an increase in capital expenditure, underscoring views that the country only slipped into a shallow recession.
 
The world third-largest economy probably shrank an annualized 0.5 percent in July-S...

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Congratulations Nippon! Japan takes on the title of “Top Country Brand”

  • Category:Other
ROCKET NEWS
 
Every year a brand consultant agency called FutureBrand comes out with a report of the Country Brand Index (CBI). The “country brand” (think “Made in Japan”), is measured similarly to consumer or corporate brands (Nike, Toshiba, etc).
 
The index is a measure of the global perceptio...

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