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Category: BUSINESS

Posted on 07/11/2024

Japan’s Nippon Steel revises down full-year net profit forecast

Nippon Steel, Japan's biggest steel maker, revised on Thursday its full-year net profit forecast for the fiscal year ending in March to 310 billion yen ($2 billion) from a previously expected 340 ... ( read original story ...)

Posted on 07/11/2024

Japan to sign outline deal on technology use for nuclear plant in Poland

The Japanese and Polish governments will on Thursday sign a memorandum of understanding on cooperation in nuclear energy, Poland's industry ministry said. ( read original story ...)

Posted on 06/11/2024

Japan Service Activity Shrinks on Softer Sales, Confidence Slips Further, PMI Shows

"The strength of performance in the Japanese service sector came to an abrupt halt at the start of the fourth quarter," said Usamah Bhatti, economist at S&P Global Market Intelligence, adding that the ... ( read original story ...)

Posted on 06/11/2024

Tokyo stocks rally and yen falls as Trump nears election win

“The financial markets reaction is not surprising,” said Bart Wakabayashi, a Japan representative and Tokyo branch manager, State Street Bank and Trust. “Given the polling, I’m not surprised.” Trump ... ( read original story ...)

Posted on 06/11/2024

Osaka brothel owner arrested for allegedly forcing 150 into prostitution

Police arrested a 31-year-old business owner Tuesday on suspicion of forcing over 150 women into prostitution at upscale restaurants in Osaka Prefecture in order to pay back massive debt they incurred ... ( read original story ...)

Posted on 06/11/2024

Japan’s Nikkei ends at 3-week high as markets await US election outcome

Japan’s Nikkei share average ended at a three-week high on Wednesday (Nov 6), led by chip and defence stocks, while market participants keenly awaited the outcome of the US presidential election. Read ... ( read original story ...)

Posted on 06/11/2024

Japan’s Itochu H1 net profit up 6% to $ 2.9 bln on non-resources, FamilyMart

Japanese trading house Itochu on Wednesday posted 438.4 billion yen ($2.9 billion) in net profit for the six months to end-September, up 6% from a year earlier, on non-resource items including food ... ( read original story ...)

Posted on 06/11/2024

Asia-Pacific markets to open mostly higher after Wall Street rallies ahead of U.S. election results

Asia-Pacific markets to open mostly higher on Tuesday as investors monitor the U.S. elections and key policy meetings in China and Japan ... ( read original story ...)

Posted on 06/11/2024

‘Tokyo Vice’ Producer Alex Boden Talks Next Steps For Shooting In Japan; VIPO Reveals Ten Projects Approved For New Incentive

Boden spoke of need to expand crew base as VIPO reveals that ten productions have so far been approved for Japan's new location incentive. ( read original story ...)

Posted on 05/11/2024

Osaka to boost economy with night tourism ahead of expo

OSAKA—As Osaka prepares to host the 2025 Osaka Kansai Expo, local authorities and businesses are stepping up efforts to attract foreign tourists and tap into the city’s vibrant nightlife. ( read original story ...)

Posted on 05/11/2024

Tokyo Stock Exchange and Fujitsu announce renewal of cash equity trading system ‘arrowhead4.0’

Tokyo Stock Exchange, Inc. (TSE) and Fujitsu Limited today announced the successful renewal and operational launch of the TSE's cash equity trading system "arrowhead4.0." This renewal signifies the ... ( read original story ...)

Posted on 05/11/2024

Tokyo Stock Exchange extends closing time for 1st time in 70 years

The Tokyo Stock Exchange extended its trading hours by 30 minutes from Tuesday as part of its efforts to make the bourse more attractive to foreign investors and encourage dealing activity. With the ... ( read original story ...)

Posted on 05/11/2024

Japan’s MUFG hires Raphael Charon to grow direct lending business in EMEA

Mitsubishi UFJ Financial Group (MUFG) has appointed former Fidelity International banker Raphael Charon as head of middle market direct lending for MUFG in Europe, the Middle East and Africa, the bank ... ( read original story ...)

Posted on 05/11/2024

Japan To Build Conveyor Belt Road To Transport Goods As Labour Shortage Worsens

The Asian country is now gearing up to build a "conveyor belt road" between the capital city of Tokyo and Osaka. The automated cargo transport ... The system, intended for business deliveries, may be ... ( read original story ...)

Posted on 05/11/2024

Yen Is First of Many Japanese Assets Set to Pivot on US Election

A victory for Kamala Harris in the US presidential election has the potential to support Japan’s ailing currency while a win for Donald Trump would probably boost the Tokyo stock market and put the ... ( read original story ...)

Posted on 05/11/2024

Japan business lobby urges China to facilitate conditions for trips

BEIJING (Kyodo) -- A Japanese business delegation urged Beijing on Monday to "facilitate conditions for China visits," apparently referring to the detention of foreign nationals over spying ... ( read original story ...)

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