Kobe Steel Ltd , Japan's No.3 steelmaker, said on Monday it will cut capital expenditure by a third after one-off charges and weaker demand in steel and aluminium even before the COVID-19 ... ( read original story ...)
Japan could end state of emergency for regions with stable virus cases
Japan could lift a state-of-emergency in many regions this week if new coronavirus cases are under control, the economy minister said on Monday, as it inches towards a gradual return of economic ... ( read original story ...)
Indonesian mobile POS startup Cashlez raises $5.8 million in IPO
JAKARTA -- Indonesia-based mobile point-of-sale (mPOS) startup Cashlez Worldwide Indonesia has raised $5.8 million in an IPO. Cashlez, which provides a mobile point-of-sale ... In 2019, the startup ... ( read original story ...)
Lotte Chief Pursues Hotel Lotte IPO to Gain Leverage
Lotte Group Chairman Shin Dong-bin is expected to accelerate the initial public offering (IPO) of Hotel Lotte to tighten his grip on the remaining South Korean control on Lotte Hotel. The Hotel Lotte ... ( read original story ...)
Coronavirus interrupts world’s longest-running cartoon
TOKYO - Production of the world's longest-running cartoon and a mainstay of the Japanese weekend has been interrupted by the coronavirus, forcing the broadcast of re-runs for the first time in decades ... ( read original story ...)
Tokyo shares end at 2-month peak as lockdown-exit hopes spur cyclicals
Japanese stocks closed at a two-month high on Monday as more countries prepare to reopen businesses from coronavirus-induced lockdown and on positive cues from Wall Street. Highly cyclical air ... ( read original story ...)
Japanese telco SoftBank sees full-year operating profit stable at $8.6 billion
Japanese telco SoftBank Corp on Monday forecast operating profit for the current financial year at 920 billion yen ($8.6 billion), largely unchanged from a year earlier. Japan's third-largest wireless ... ( read original story ...)
Japan Set to Limit Foreign Investing in Half of Listed Firms
Japan detailed an array of companies that will be subject to new rules restricting foreign investment, moving to protect industries it says are core to national security from the influence of foreign ... ( read original story ...)
Japan may end state of emergency this week for regions with stable coronavirus cases
Tokyo, Osaka and 11 other prefectures are not among the regions that could see an earlier easing of restrictions. ( read original story ...)
Sick, health workers in Japan face bullying and ostracism
In Mie, central Japan, people threw stones at a patient's house and vandalized property. Prime Minister Shinzo Abe and other officials have denounced such behaviour ... ( read original story ...)
Japan appoints first female central bank executive director
Japan's government on Monday appointed Tokiko Shimizu as the central bank's new executive director, who will be the first female official to assume the post. ( read original story ...)
Long wait for Tokyo 2020 Olympic souvenir market to pick up
These are lonely times for thousands of souvenirs in dozens of Tokyo 2020 Olympic stores, which are drawing few customers with the postponed games more than a year away and facing an unclear future. ( read original story ...)
Tokyo shares open higher on hopes for partial business restart
Tokyo stocks opened higher Monday as hopes grew for an ease in coronavirus-related business restrictions after the government indicat ... ( read original story ...)
Bain acquires huge Tokyo land bank in $817m Showa deal
Bain Capital has completed an $817m deal to acquire Showa Aircraft Industry that buys the Boston-based private equity group a specialised materials business, a Harley-Davidson motorcycle showroom and ... ( read original story ...)
kiyoaki takeda’s timber house with five retaining walls in tokyo merges nature with artefact
kiyoaki takeda architects has built a timber house with five retaining walls that merge nature with artefact by allowing the property to coexist harmoniously with the hilly terrai ... ( read original story ...)
Earthquake hits off coast of eastern Japan, no tsunami warning
An earthquake with a preliminary magnitude of 5.5 hit off the coast of eastern Japan on Monday but no tsunami warning was issued and there were no immediate reports of damage. ( read original story ...)