Japan's disaster reconstruction minister is expected to resign on Wednesday following his controversial remarks over the 2011 earthquake and tsunami, in a setback for Prime Minister Shinzo Abe, local media reported. Masahiro Imamura plans to submit his ... ( read original story ...)
Japan Post books $4.7b writedown on Toll, flags 1700 job cuts at the business
Japan Post Holdings said on Tuesday it will book its first annual loss in at least a decade, after unveiling a $US3.6 billion ($4.7 billion) writedown on its Australian logistics arm Toll Holdings. Japan Post estimated its loss at 40 billion yen ($470 ... ( read original story ...)
Japan Post takes $4.9bn hit on local giant Toll Holdings
JAPAN Post has plunged into the red after writing billions ... Germany’s DHL has beefed up operations here and Singapore Post has invested heavily in its Couriers Please business in recent years. Australia Post tipped $2 billion into its package-handling ... ( read original story ...)
Kumamoto couple have hard time parting with son lost in earthquake
KUMAMOTO – Shinobu Yamato, 49, still can’t wash a pair of socks that her son, Hikaru, had left lying around before he was killed in the earthquakes that rocked Kumamoto Prefecture and its vicinity last April. “I feel like I can still feel my son ... ( read original story ...)
Self-made rebel takes on $13 billion Japan giant in M&A fight
Japanese companies' owner-managers often have no incentive to improve profitability, because that would increase the inheritance tax incurred when their business is passed on to the next generation, Sasaki says. Non-owner managers, meanwhile, lack ... ( read original story ...)
Witness Volunteers Repair Over 300 Homes Following Japan Earthquakes
EBINA, Japan—Jehovah’s Witnesses in Japan completed repair work on 348 homes of their fellow members, which were damaged by the earthquakes that struck Kumamoto, Japan, on April 14 and 16, 2016. Some 15,000 volunteers participated in the construction ... ( read original story ...)
China clamps down on excess steel as Japan decries Trump ‘protectionism’
Analysts say the revocations were unlikely to be a direct response to Trump’s plan, but rather a part of China’s reform measures aimed at reducing surplus steel capacity that many estimate at around 300 million tonnes, about three times Japan’s ... ( read original story ...)
Light earthquake, 4.5 mag was detected near Iiyama in Japan
A light earthquake magnitude 4.5 (ml/mb) has struck on Friday, 24 kilometers (15 miles) from Iiyama in Japan. Exact location of earthquake, longitude 138.6341 East, latitude 36.8923 North, depth = 1.91 km. Event id: us10008hk5. Ids that are associated to ... ( read original story ...)
KDDI: TELEHOUSE OSAKA 2 Data Center in Osaka to Provide Direct Connection to JPIX, Japan's Largest Internet Exchange Operator
TOKYO & OSAKA, Japan--(BUSINESS WIRE)--KDDI CORPORATION (TOKYO:9433) (KDDI) and Japan Internet Exchange Co., Ltd. (JPIX) have agreed to establish a JPIX connection point (PoP [1]) within the TELEHOUSE OSAKA 2 data center operated by KDDI in Osaka ... ( read original story ...)
A Review of the Intercontinental Osaka’s Residential Suite
Beyond hotel rooms, Intercontinental Osaka provides guests with an option for serviced residential suites. This is perfect for long-term business travelers and families staying together in one suite. The top 4 floors hold the one to three bedroom ... ( read original story ...)
Japanese government deletes online report about Kanto Earthquake massacre of Koreans
Online document was drafted by expert group to provide future generations with lessons from tragedies The Japanese government surreptitiously deleted a report from its webpage with details about the massacre of Koreans in the wake of the Great Kanto ... ( read original story ...)
Japan's Sawai Pharma to buy US generics maker
OSAKA -- Sawai Pharmaceutical will buy the generics business of U.S. drugmaker Upsher-Smith Laboratories for $1.05 billion, the Japanese company said Thursday, eager to make up for lost time after its first push into the American market stalled. ( read original story ...)
Japan government raises business sentiment assessment, first time in four months
TOKYO Japan's government raised its assessment of business sentiment in April, the first upgrade in four months, after the Bank of Japan's tankan survey showed this month that the corporate mood brightened. However, the government left unchanged for the ... ( read original story ...)
Japan's exports, imports surge in sign of renewed vigor
Japan's exports rose at a faster-than-expected 12 percent pace in March, while imports jumped nearly 16 percent from a year earlier, the government said Thursday. The data suggest relatively strong foreign demand could lift growth for the world's No. 3 ... ( read original story ...)
Pence tells Japanese business leaders that U.S. tax reform is coming soon
Sidestepping the political difficulties back in Washington, Vice President Mike Pence told Japanese business leaders Wednesday that President Trump is working “around the clock” on tax reform that will benefit Japanese-owned businesses in the U.S ... ( read original story ...)
Pence reassures Japan of U.S. resolve on North Korea, to work with China
North Korea regularly threatens to destroy Japan, South Korea and the United States and it ... intercepting cargo ships and punishing Chinese banks doing business with Pyongyang. They also say greater Chinese cooperation is vital. "DIPLOMACY FIRST CHOICE ... ( read original story ...)