WeWork is on track to turn profitable in 2021 and will then revisit plans for an initial public offering, Chief Executive Officer Sandeep Mathrani said, a year after the startup’s IPO fiasco prompted ... ( read original story ...)
Tokyo’s Nikkei Closes Down For Fourth Straight Session
Tokyo's benchmark Nikkei index closed down for a fourth consecutive session Thursday, extending falls on Wall Street on rising concerns over escalating coronavirus cases in the northern hemisphere. ( read original story ...)
BOJ Stands Pat, Says Japan’s Economy Recovering Gradually
TOKYO—The Bank of Japan kept monetary policy unchanged Thursday and maintained its view that the Japanese economy is gradually recovering from the impact of the coronavirus pandemic. “Japan’s economy, ... ( read original story ...)
Japan’s central bank keeps monetary policy unchanged, lowers growth, inflation forecasts
TOKYO, Oct. 29 (Xinhua) -- The Bank of Japan (BOJ) on Thursday lowered its economic growth and inflation forecasts for the current business year through March, although kept its ultra-loose monetary ... ( read original story ...)
Bank of Japan cuts growth forecast but flags policy pause on recovery prospects
The Bank of Japan has today trimmed its economic and price forecasts for the current fiscal year but offered a more upbeat view on the recovery outlook, signalling that it has delivered enough ... ( read original story ...)
Hokkaido raises alert level as new COVID-19 cases spike again
Hokkaido Prefecture upped its alert level for the novel coronavirus for the first time on Oct. 28 as new cases surged on Japan's northernmost main island, a popular tourist destination. The alert ... ( read original story ...)
Panasonic second-quarter profit beats estimates on boost from Tesla battery business
Panasonic Corp reported an 11% increase in second-quarter operating profit on Thursday, beating analyst estimates, helped by solid performance from its Tesla Inc battery business. Panasonic, the main ... ( read original story ...)
Japan’s Kioxia to build $9.5bn NAND plant to meet 5G demand
Yokkaichi is the Japanese semiconductor maker's main production ... However, the delayed IPO limits Kioxia's options for raising funds. The NAND flash memory sector is consolidating as six ... ( read original story ...)
Japan stocks fall on coronavirus worries; upbeat earnings outlook limits losses
Japanese shares fell to a one-month low on Thursday weighed by concerns about fresh coronavirus lockdowns in Europe, although companies issuing bullish forecasts during earnings season limited losses. ( read original story ...)
Bank of Japan trims growth and price outlook, keeps policy steady
As widely expected, the central bank kept monetary policy steady, including a -0.1% target for short-term interest rates and a pledge to guide long-term rates around 0% ... ( read original story ...)
Hokkaido: Man, 29, arrested over fatal assault of woman in Sapporo
Hokkaido police arrested a 29-year-old man over the alleged fatal assault of a female acquaintance at his residence in Sapporo on Wednesday ... ( read original story ...)
Takeda Expands COVID-19 Vaccine Supply in Japan Through Partnership with Moderna and Government of Japan
Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK), announced today that it will import and distribute 50 million doses of Moderna’s COVID-19 vaccine candidate, mRNA-1273, starting in the first ... ( read original story ...)
Marise Payne declines to welcome adoption of net zero emissions target by Japan and South Korea
The foreign minister Marise Payne says Australia “acknowledges” decisions by Japan and South Korea to adopt net zero targets for 2050, but she has declined to welcome that development, despite ... ( read original story ...)
Japan Government, BOJ Must Keep Supporting Economy: BofA
Izumi Devalier, head of Japan economics at BofA Global Research, discusses the outlook for the world's third-largest economy, policies and the yen. She speaks with Haslinda Amin and Rishaad Salamat on ... ( read original story ...)
Japan, US business leaders urge freer trade
Business leaders from Japan and the United States have called for strengthening free and fair trade. They urged their countries to diversify supply chains to help offset risks that have emerged due to ... ( read original story ...)
State Bank Raises $1 Billion Loan From Japanese Lenders
The loan is intended to promote the smooth flow of funds for the whole range of business operations of Japanese automobile manufacturers in India. ( read original story ...)