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Category: BUSINESS

Posted on 23/04/2022

Toshiba shares jump after Japanese conglomerate opens door to buyout

Shares of Toshiba Corp jumped nearly 5% in Tokyo trade on Friday, after the embattled Japanese conglomerate said it would solicit deal offers, including on a potential buyout, bolstering hopes of a ... ( read original story ...)

Posted on 22/04/2022

Japan’s Energy-Driven Inflation Hits Fastest Pace in 2 Years

Japan’s key consumer prices advanced in March at the fastest pace in more than two years, complicating the central bank’s communication of its easy policy stance given a further acceleration is ... ( read original story ...)

Posted on 22/04/2022

Japan’s draft relief measures include higher fuel aid, extra budget

Japan's government will raise the cap for gasoline subsidies and replenish state reserves by compiling an extra budget to cushion the economic blow from rising raw material costs, a draft of its ... ( read original story ...)

Posted on 22/04/2022

China’s Interest in Shell’s Russian Gas Stake Adds Impetus for Japan to Stay

China’s interest in acquiring an abandoned stake in a Russian liquefied natural gas export project is providing further justification for Japan to continue its joint venture with Gazprom PJSC. We ... ( read original story ...)

Posted on 22/04/2022

Japan says exiting Sakhalin energy projects would weaken Russia sanctions

This follows a Telegraph report that Shell is in talks with some Chinese companies to sell its stake in the Sakhalin-2 liquefied natural gas project in Russia ... ( read original story ...)

Posted on 22/04/2022

Japan to hold auction on May 10 to sell 760,000 kl of national reserve oil

Japan's industry ministry said on Friday it will hold an auction on May 10 to sell 760,000 kilolitres, or 4.78 million barrels, of national reserver oil as part of a release coordinated by the ... ( read original story ...)

Posted on 22/04/2022

Japan banks target growth in cooling U.S. high-yield debt market

Developing that expertise has been a challenge for Japanese banks, requiring more reliance on local staff and adoption of a faster-moving business culture, they say. Mizuho has expanded its presence ... ( read original story ...)

Posted on 22/04/2022

Bridgestone opens innovation hub complex in Tokyo

Bridgestone Corp. has inaugurated operations at its global innovation hub in Tokyo's Kodaira City district, roughly two years after it began work on the project. ( read original story ...)

Posted on 21/04/2022

Japan Automated Material Handling Equipment Market Size, Growth, Trends and Analysis by 2030

The Japan automated material handling equipment market size was valued at $4,270.0 million in 2020, and is projected to reach $10,342.8 million by 2030, ... ( read original story ...)

Posted on 21/04/2022

Japan agrees $21 billion extra budget to tackle rising living costs

Japan’s ruling coalition on Thursday agreed a supplementary budget to support lower-income households and small firms, signalling more spending for the heavily indebted nation as it battles ... ( read original story ...)

Posted on 21/04/2022

History of Japan’s intervention in currency markets

A precipitous drop in the yen has investors wary that Japan intervenes in the open market to support the currency. ( read original story ...)

Posted on 21/04/2022

US drone company Zipline starts delivering medicine in Japan

Its takeoff in Japan is in partnership with Toyota Tsusho, a group company of Japan’s top automaker Toyota Motor Corp. “You can totally transform the way that you react to pan ... ( read original story ...)

Posted on 21/04/2022

New Zealand, Japan Eyeing Stronger Cooperation on Renewable Energy

New Zealand Prime Minister Jacinda Ardern today welcomed two renewable energy initiatives that highlight the growing partnership between Japan and New Zealand. ( read original story ...)

Posted on 21/04/2022

Japan ruling bloc set to agree extra budget for economic relief – Kyodo

Japan’s ruling coalition is set to agree on a supplementary budget to fund economic relief measures to help households and small business cope with surging fuel costs, Kyodo news agency reported on ... ( read original story ...)

Posted on 21/04/2022

Japan explained yen’s ‘somewhat rapid’ declines to G7: Finance Minister

TOKYO: Japan explained to its G7 counterparts the yen's recent "somewhat rapid" declines, finance minister Shunichi Suzuki said on Thursday (Apr 21), underscoring Tokyo's growing alarm over the ... ( read original story ...)

Posted on 21/04/2022

Didi to shut food delivery business in Japan

Chinese ride-hailing company Didi Global is shutting down its food delivery business in Japan, the latest sign of retreat as it prepares for a delisting from the U.S. ( read original story ...)

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