Many of the major Japanese electronics companies have exited the semiconductor business because of the heavy financial burden involved. In addition to the instability in the overall performance of semiconductor sales, annual capital investments of between ... ( read original story ...)
Russia’s Rosatom negotiating joint projects with Japan in third countries
MOSCOW, April 9. /TASS/. Russia’s state nuclear corporation Rosatom is negotiating with Japanese companies possible cooperation on joint nuclear projects in third countries, Rosatom’s CEO Alexei Likhachev said on Sunday. "An important subject that was ... ( read original story ...)
Toshiba planning to sell TV business
TOKYO -- Toshiba, which sold the first Japan-made color television in 1960, now appears to want to sell its TV business. Some foreign buyers are said to be showing interest in taking over the unit, according to people familiar with the matter. Potential ... ( read original story ...)
BOJ tankan seen showing manufacturers' mood strongest since mid-2015
TOKYO Japanese manufacturers' business outlook likely improved for a second straight quarter in March to its strongest since mid-2015, a Reuters poll found on Friday, buoyed by a weak yen and a pickup in exports. The Bank of Japan's quarterly tankan ... ( read original story ...)
Bitcoin acceptance growing in Japan
If the currency proves a hit in Japan over the next year, other countries may be expected to similarly warm to the currency. John Heggestuen, director of research at BI Intelligence, Business Insider’s premium research service, has compiled a ... ( read original story ...)
ASEAN-Japan Innovation Network formed to create new linkages
KUALA LUMPUR -- Private business groups from Southeast Asia and Japan sealed a new alliance on Friday in Tokyo to promote economic cross-pollination. The ASEAN Business Club, a group of top companies in Southeast Asia, signed a memorandum of cooperation ... ( read original story ...)
Noah Smith: Japan can teach U.S. how to overcome national rot
There is one large, developed country that has managed to mostly pull itself out of a long period of paralysis. That country is Japan. Much ink has been spilled about Japan’s seemingly endless dysfunction following the bursting of its real estate and ... ( read original story ...)
Abe adviser: Japan should push back any US attack on yen policy
JAPAN should push back against any US suggestion that it is suppressing the yen’s value for trade advantage, an adviser to Prime Minister Shinzo Abe said, in a bid to pre-empt criticism of Japan’s currency policy. Koichi Hamada, Cabinet adviser and ... ( read original story ...)
Consortium mulled for Toshiba unit bid
Talks about forming a public-private consortium to buy a major stake in Toshiba Corp.’s flash memory business are underway, informed sources said on Saturday. The idea is to secure around ¥500 billion from dozens of Japanese companies through a new ... ( read original story ...)
Japan's megabanks to cut 2018 hiring class by 25%
TOKYO -- Just over 3,300 new college graduates are expected to start working at Japan's three megabanks next April, a roughly 25% decline from the current fiscal year, as financial institutions rethink their hiring priorities in a difficult business ... ( read original story ...)
Governor: Kubota move to Grapevine symbolizes growing Texas-Japan ties
In addition to highlighting Texas’ penchant for commandeering California corporations, Kubota’s relocation demonstrates the growing economic connections between Texas and Japan, Abbott said. “When you look at the business principles and ideas of ... ( read original story ...)
Metro Vancouver businesses must prepare for big earthquake: expert
He noted that in 1995 a state-of-the-art port was destroyed in Kobe, Japan following a 6.9 magnitude earthquake, even though Japan is one of the most earthquake-prepared countries in the world. “They lost their entire market share to Tokyo and other ... ( read original story ...)
Pricier Japan tops for Thais
Hotels.com said three cities in Japan -- Tokyo, Osaka and Sapporo -- were in the top 10 most-visited destinations by Thais last year. Tokyo ranked first, Osaka fourth and Sapporo eighth. It was the first year that Sapporo, home of seasonal Hokkaido cuisine ... ( read original story ...)
Japan business mood brightens as recovery broadens: Bank of Japan tankan
TOKYO Japanese big manufacturers' business confidence improved for a second straight quarter to hit a one-and-a-half year high in March, a closely watched central bank survey showed, a sign the benefits of an export-driven economic recovery were broadening. ( read original story ...)
Japan business confidence rises again
Confidence among Japan's biggest manufacturers has risen for the second straight quarter, a key central bank survey showed Monday, a welcome boost for the world's third-largest economy. The report comes after a batch of government data on Friday showed ... ( read original story ...)
Bank of Japan survey shows uptick in business outlook
TOKYO — A quarterly survey by the Bank of Japan shows business sentiment among large manufacturers has brightened since late last year. The "tankan" report released Monday put sentiment among big manufacturers at 12, up from 10 in December. The outlook ... ( read original story ...)