Japan issued a significant warning about the possibility of a mega quake. This alert, although later rescinded, highlighted a real and pressing concern about the potential for a massive earthquake. ( read original story ...)
KKR, Hulic Bid $2 Billion for GIC’s Central Tokyo Skyscraper
A group led by KKR & Co. and one of Japan’s largest real estate companies made a bid to acquire a Tokyo skyscraper owned by Singapore sovereign wealth fund GIC Pte, according to people familiar with ... ( read original story ...)
Japan’s Astellas says employee indicted by China’s prosecutors
The Japanese Foreign Ministry said a Japanese man in his 50s ... reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals ... ( read original story ...)
Japan sees record visitors for second straight month on weak yen
Japan set a second-straight monthly record for visitors in July, official data showed on Friday, as the weak yen and summer holidays propelled a tourism boom.The number of foreign visitors for ... ( read original story ...)
Video shows New Year’s Day quake in Japan, not tremor in August 2024
An old video of people crouching under the tables in a bowling alley has resurfaced in social media posts that falsely linked it to the 7.1-magnitude earthquake that shook southern Japan in August ... ( read original story ...)
Japan records trade deficit as surging global prices pushes imports higher
TOKYO (AP) — Japan racked up a 621 billion yen ($4.3 billion) trade deficit in July, as prices of imports surged, according to government data released Wednesday. Japan’s imports grew nearly 17% from ... ( read original story ...)
7-Eleven deal talk reflects allure of Japan’s convenience stores
Seven & i grew from small beginnings, tracing its origins to the small family-owned Yokado Clothing Store that first opened in Tokyo in 1920. The retailer, then known as Ito-Yokado, expanded rapidly ... ( read original story ...)
Why Japan’s 7-Eleven is on a rival retailer’s shopping list
When the owner of 7-Eleven announced this week that it had received a buyout offer from a Canadian rival it triggered shockwaves in Japan. A Japanese company of this size has never been bought by a ... ( read original story ...)
Japan’s Billionaire Ito Family’s 7-Eleven Chain Gets Buyout Offer From Canadian Owner Of Circle K
S even & i Holdings, the Japanese company behind the global 7-Eleven convenience store chain, has received a non-binding takeover bid from Alimentation Couche-Tard, the Canadian operator of the rival ... ( read original story ...)
Japan’s 2nd-busiest airport was put on lockdown after a pair of scissors went missing from a store, where they were later found again
Two days after the scissors went missing, airport authorities said they'd been found pretty much where they should have been. ( read original story ...)
7-Eleven targeted by Circle K owner for huge convenience store tie-up
The Canadian owner of Circle K convenience stores has made a bid to buy 7-Eleven in what would be the biggest foreign takeover of a Japanese company on record. ( read original story ...)
Old clips misrepresented as footage of ‘August 2024 earthquake in Japan’
Months-old clips of cars and houses violently shaking during an earthquake have been misleadingly shared in social media posts alongside news of a 7.1-magnitude tremor off southern Japan in August ... ( read original story ...)
Seven & I Buyout Would Be a Watershed Moment for Japan Takeovers
Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely, given the protectionist tendencies of the government and ... ( read original story ...)
Japan govt to raise long-term rate estimate to 2.1% in FY2025/2026, Nikkei reports
TOKYO : Japan's government plans to raise its long-term interest rate estimate used to compile the state budget to 2.1 per cent for the next fiscal year from the current year's 1.9 per cent, the ... ( read original story ...)
Is there a mega earthquake going to happen soon? Here’s when scientists may make it public
Last week, Japan sent out its first-ever megaquake warning following an earthquake of 7.1 magnitude on the Richter scale that occurred on the southern island of Kyushu. It wasn't the main concern, even though the shaking didn't produce much ramifications ... ( read original story ...)
Editorial: Megaquake advisory an opportunity to improve Japan’s disaster preparedness
A weeklong advisory for increased preparedness for a megaquake along the Nankai Trough off the coast of western to central Japan has been lifted. The ･･･ ( read original story ...)