Japanese airbag maker Takata filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective airbag inflators linked to the deaths of at least 16 people. The company announced the move ... ( read original story ...)
Tokyo stocks open higher as exporters lifted by weaker yen
TOKYO, June 27 (Xinhua) -- Tokyo stocks opened higher Tuesday as exports-linked issues got an early boost from the yen retreating against the U.S. dollar. As of 9:15 a.m., the 225-issue Nikkei Stock Average gained 78.74 points, or 0.39 percent, from Monday ... ( read original story ...)
Tokyo stocks close higher on U.S. tech shares’ advance, yen’s retreat
TOKYO, June 26 (Xinhua) -- Tokyo stocks finished marginally higher Monday as U.S. tech shares advancing at the end of last week set a positive tone, while the yen's retreat against the U.S. dollar underpinned the market. The 225-issue Nikkei Stock Average ... ( read original story ...)
Tokyo Metropolitan Government helping lesser-known areas attract tourists
The Tokyo Metropolitan Government is trying to help parts of the country recovering from disasters by steering tourists who visit the capital toward those areas. The government has developed tourist routes linking Tokyo with 17 prefectures, including six ... ( read original story ...)
Tokyo futures edge down as oversupply concerns weigh
TOKYO, June 27 (Reuters) - Benchmark TOCOM rubber futures inched ... For the top stories in the rubber market and other news, click or MARKET NEWS * Oil prices settled more than half a percent higher on Monday as some traders found bargains after last ... ( read original story ...)
BRIEF-Good Com Asset to acquire Tokyo-based real estate property
* Says it plans to acquire a Tokyo-based real estate property in September, 2018 * Says other details are not disclosed Source text in Japanese: goo.gl/LGCKLn Further company coverage: (Beijing Headline News) ( read original story ...)
Tokyo venture’s laundry-folding robot will set you back about ¥2 million
A Tokyo-based venture firm has started accepting orders for a laundry-folding robot to be priced at around ¥2 million. Seven Dreamers Laboratories Inc. said the refrigerator-size robot named “Laundroid” uses image analysis and artificial intelligence ... ( read original story ...)
Japan broadcasts TV warning urging citizens to lie on the ground or seek shelter if North Korea launches a NUKE at them
According to Kyodo News, the advice is being aired by 43 television stations across Japan form now until early July. Instructions are also being issued in 70 newspapers. Earlier this year, Japanese civilians were told to expect a mere ten-minute warning ... ( read original story ...)
Nikkei 225: Follow The Trail
Despite all that lagging, however, the future trend for the Nikkei 225 might be the most promising. The reason? The BoJ’s monetary policy, and how it is trailing the performance of the Japanese economy. In a recent speech at the University of Oxford ... ( read original story ...)
Branz Roppongi The Residence: Premium apartments in the heart of Tokyo
Tokyu Land Corporation, one of Japan's largest property developers, has just launched a new premium residential apartment building in Roppongi. Branz Roppongi The Residence offers high-end luxury in one of Tokyo's most desirable neighbourhoods, right in ... ( read original story ...)
Japan lures record foreign investment in 2016
TOKYO -- Foreign direct investment to Japan for fiscal 2016 topped 3 trillion yen ($26.9 billion) for the first time ever, thanks mainly to an increasing number of takeovers of domestic businesses by overseas investment funds. Japanese operations of ... ( read original story ...)
Yokohama names new senior director of supply chain and logistics
SANTA ANA, Calif. – Yokohama Tire Corporation (YTC) announced today that Rick Alonzo has joined the company as senior director of supply chain and logistics. In his new role, Alonzo will report to Yokohama COO Jeff Barna. “Rick brings more than 20 ... ( read original story ...)
Japan diaper output falls 1st time in 15 years
TOKYO -- Japanese production of disposable diapers declined for the first time in 15 years in 2016, mainly due to weaker purchases from visiting Chinese tourists. Strong demand from overseas visitors had given the Japanese diaper market a boost in recent ... ( read original story ...)
Japan regional banks face further delays in merger plans
It intended to merge it with Shinwa Bank, which it already controlled. But Japan's Fair Trade Commission objected because the merged entity would control an unprecedented level of about 70 percent of loans in Nagasaki prefecture. The FTC argued the merger ... ( read original story ...)
Japanese airbag maker Takata files for bankruptcy
Japanese airbag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of faulty airbag inflators. The company announced the expected action Monday morning Tokyo time ... ( read original story ...)
Air bag recalls, lawsuits lead Takata to file for bankruptcy
Shattered by recall costs and lawsuits, Japanese air bag maker Takata Corp. filed Monday for bankruptcy protection in Tokyo and the U.S., saying it was the only way it could keep on supplying replacements for faulty air bag inflators linked to the deaths ... ( read original story ...)