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Joby, Toyota Expand Partnership With Long-Term Supply Agreement

  • Category:Other
JAPAN TODAY
 
Joby Aviation Inc, a company developing all-electric aircraft for commercial passenger service, has signed a long-term agreement with Toyota Motor Corp to supply key powertrain and actuation components for the production of the company’s aircraft.
The agreement builds on the long-st...

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Japan Brewer Kirin Buys Australia Vitamin Giant Blackmores

  • Category:Gourmet
BBC
 
Japanese brewer Kirin has agreed to buy Australian vitamins maker Blackmores for A$1.88bn ($1.24bn; £999.4m).
The move comes as Kirin expands into healthcare in the face of shrinking beer sales in its home country and increasing regulation of alcohol.
"The acquisition of Blackmores is highl...

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BOJ's New Chief Keeps Ultra-Low Rates, Embarks On Policy Review

  • Category:Other
REUTERS
 
SummaryBOJ keeps ultra-low interest rate targets unchangedRevamps guidance, removes pledge to keep rates at low levelsQuarterly report projects inflation to hit 1.6% in fiscal 2025Ueda vows to keep ultra-loose policy, warns of YCC side-effectsReview will take 1-1.5 years, won't bind nea...

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Japan's FY2022 Jobless Rate At 2.6%; Improves For 2nd Year In Row

  • Category:Other
JAPAN TODAY
 
Japan's unemployment rate for fiscal 2022 fell by 0.2 percentage point from the previous year to an average of 2.6 percent, marking the second straight year of improvement amid a steady recovery from the COVID-19 pandemic, government data showed Friday.
The job availability ratio ro...

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Japan’s SMBC Plans To Triple Stake In Jefferies In Wall Street Push

  • Category:Other
FINANCIAL TIMES
 
 New York and Tokyo banks seek deeper ties as they try to compete with larger rivals
Sumitomo Mitsui Banking Corporation is planning to triple its stake in US investment bank Jefferies Financial Group, deepening ties between the Wall Street and Tokyo banks in an effort to compet...

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Hiroshima Wagyu Beef Project Starts, Inspired by G7 Summit

  • Category:Other
THE JAPAN NEWS
 
The G7 summit next month is inspiring beef producers and wholesalers in Hiroshima Prefecture to start their own Hiroshima Gyu7 project.
Ahead of the meeting of the heads of major democratic powers, the project aims to use the lead-in to the summit as a springboard to improve the ...

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Tablecross To Promote Gastronomy Tourism And Strengthen Creation Of Original Food Experiences In Japan

  • Category:Other
JAPAN TODAY
 
Tablecross Co Ltd, which provides byFood.com, a leading food tourism platform for inbound travelers to Japan, has announced that it has secured $2.24 million in Series A funding to expand recruitment, marketing, and system integration development.
The investment was led by Shoku no ...

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Japan Has Millions Of Empty Houses. Want To Buy One For US$25,000?

  • Category:Other
BUSINESS TIMES
 
WHEN Jaya Thursfield found a house he wanted to buy in Japan a few years ago, friends and family told him to forget it. The place wasn’t worth the trouble, they said.
After all, it stood in a forest of shoulder-high weeds after being abandoned about seven years earlier – one of t...

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Japan Core Consumer Inflation Hits 41-Year High Of 3% In FY2022

  • Category:Other
JAPAN TODAY
 
Consumer inflation in Japan accelerated to 3.0 percent in fiscal 2022 through March, the fastest pace in 41 years and above the Bank of Japan's 2 percent target, in what the central bank views as a blip caused by higher import costs and a weaker yen, government data showed Friday.
I...

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JP Bank VP Tanigaki to Head Insurance Arm

  • Category:Other
THE JAPAN NEWS
 
Japan Post Insurance Co. said Wednesday that it will appoint Japan Post Bank Executive Vice President Kunio Tanigaki as its next president.
Tanigaki, 63, will succeed current Japan Post Insurance President Tetsuya Senda, 62, who will leave the post to take over the presidency of ...

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