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Confidence At Big Japanese Firms At Three-Year Low, Hit By China Slowdown And Tax Hike

  • Category:Other
JAPAN TIMES
 
Business sentiment among large Japanese companies fell to its lowest level in three years in the October-December quarter, hit by a slowdown in the Chinese economy and the consumption tax hike at home, a government survey showed Wednesday.
The confidence index covering firms capital...

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Japan To Double Wagyu Beef Output Amid Rising Overseas Demand

  • Category:Other
JAPAN TODAY
 
TOKYO - The Japanese government said Tuesday it hopes to double the country's output of wagyu beef, known for its tenderness and marbled fat, to 300,000 tons by fiscal 2035 amid rising overseas demand.
Under the goal, which is part of a government program to support domestic farmers...

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Saudi Arabia To Reinforce Logistical Ties With Japan

  • Category:Other
BUSINESS WIRE
 
TOKYO -- The Saudi Logistics Hub, a government initiative mandated to drive the growth of the country’s logistics sector, held its first global roadshow in Tokyo.
The roadshow, held on December 5 at The Palace, drew the participation of business leaders from the logistics sector, ...

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Govt Upgrades GDP Growth As Strength Absorbs Hit From Trade

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Japan’s economy expanded at a much faster pace than initially reported in the third quarter, as resilient domestic demand and business spending offset the hit to growth from falling exports and global trade tensions.
Gross domestic product grew an annualized 1.8...

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Japan's Current Account Surplus Rises 38%

  • Category:Other
JAPAN TODAY
 
TOKYO - Japan's current account surplus rose 38.0 percent in October from a year earlier, as imports dropped faster than exports amid falling crude oil prices and the prolonged U.S.-China trade conflict, government data showed Monday.
The country's surplus in the current account cam...

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Softbank And University Of Tokyo To Open Business-Oriented AI Research Centers

  • Category:Other
JAPAN TIMES
 
SoftBank Corp. and the University of Tokyo have agreed to open artificial-intelligence centers staffed with specialists from the university and around the world, to swiftly turn research into profitable business ventures so Japan can keep up with the U.S. and China.
“If they are stu...

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Apollo Global Taps Bain Capital Veteran To Lead Its Japan Business

  • Category:Other
PION LINE
 
Tetsuji Okamoto will join Apollo Global Management in Tokyo on Monday as a partner and head of Japan, according to a company announcement.
The role is new. He will report to Steve Martinez, senior partner and head of Asia-Pacific.
Mr. Okamoto comes to Apollo from Bain Capital in Tokyo...

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Private Equity Firm Apollo Hires Bain Executive To Launch Japan Business

  • Category:Other
NASDAQ
 
TOKYO/HONG KONG, Dec 5 (Reuters) - Private equity firm Apollo Global Management has hired a former executive from rival Bain Capital to head its operations in Tokyo, becoming the latest global fund to set up shop in Japan, five people with knowledge of the matter said.
Apollo has hired T...

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Japan's Households Tighten Purse Strings As Sales Tax, Typhoon Hit

  • Category:Other
REUTERS
 
TOKYO (Reuters) - Japanese households cut their spending for the first time in almost a year in October as a sales tax hike prompted consumers to rein in expenses and natural disasters disrupted business.
Household spending dropped 5.1% in October from a year earlier, government data sh...

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Japanese Cosmetic Giant Shiseido Gambles On 'Made In Japan'

  • Category:Shopping
JAPAN TIMES
 
OTAWARA, TOCHIGI PREF. – On wasteland once used for earthquake drills in the small town of Otawara, Tochigi Prefecture, Shiseido has built its first domestic factory in 36 years, hoping to capitalize on a boom for “Made in Japan” cosmetics.
The Japanese cosmetics industry faces huge...

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