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Tag: business

Posted on 15/11/2024

Japan’s Economy Beats Consensus in Boost for BOJ Rate Hike Case

Japan’s economy grew at a slightly faster pace than expected, backing the case for the central bank to stay on the path toward rate hikes while also easing pressure on the government as it finalizes ... ( read original story ...)

Posted on 15/11/2024

Japan’s economy expanded by an annualized 0.9% in third quarter

Japan's economy expanded by an annualized 0.9% over the July-September quarter, government data showed on Friday, slowing from the previous three months due to tepid capital spending. ( read original story ...)

Posted on 15/11/2024

Japan’s MUFG lifts profit forecasts after Q2 net income nearly doubles

Mitsubishi UFJ Financial Group, Japan's top lender by assets, on Thursday raised its annual net profit forecast to a record 1.75 trillion yen ($11.23 billion) after second-quarter profit surged on ... ( read original story ...)

Posted on 14/11/2024

Japan refiners maintain profitability in H1, outperform Asian rivals

Net income at Japanese oil refiners fell in the first half of their fiscal year, but they maintained profitability and outperformed their South Korean rivals as strong domestic margins shielded them ... ( read original story ...)

Posted on 14/11/2024

Compass Offices Expands in Japan, Announces New Location at WTC annex, Tokyo

Compass Offices announces the pre-launch of the prestigious “Compass Office WTC annex” flexible office space to their portfolio in Tokyo, Japan. ( read original story ...)

Posted on 13/11/2024

Japan is ramping up efforts to revive its once dominant chip industry

In addition to trying to establish a dominant chip producer in Japan, subsidies have also been aimed at attracting the global leaders that once took its chip business. With aid from the Japanese ... ( read original story ...)

Posted on 13/11/2024

Japan’s 7-Eleven reportedly considering management buyout of up to $58B

TOKYO, Japan — Japan’s Seven & i Holdings 3382.T is considering launching a management buyout that would see the retailer go private in a deal that could be worth up to $58 billion, Bloomberg News ... ( read original story ...)

Posted on 12/11/2024

Japanese carmakers are losing ground as China surges ahead in the EV race

Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitive EV market. ( read original story ...)

Posted on 12/11/2024

Japan’s SoftBank returns to profit after gains at Vision Fund and other investments

Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments. ( read original story ...)

Posted on 12/11/2024

Japan’s political lynchpin Tamaki aims to unleash Yellen-inspired economic boom

Yuichiro Tamaki, the leader of a small opposition party now able to wield outsized political influence, had long puzzled over how best to revive a moribund deflation-entrapped Japanese economy. ( read original story ...)

Posted on 12/11/2024

Minority government in Japan can help retail stocks and utilities

Prime Minister Shigeru Ishiba may cut taxes to keep smaller parties on side — increasing workers’ disposable income. ( read original story ...)

Posted on 11/11/2024

Japan to propose $65 billion plan to aid chip industry, draft shows

The plan, with financial support worth ¥10 trillion or more, comes as countries look to strengthen their control over chip supply chains. ( read original story ...)

Posted on 11/11/2024

Japan’s Stimulus Package to Include Price Relief Steps, NHK Says

Japan’s new economic stimulus package will feature cash handouts to help low-income households deal with inflation and extra funding for disaster preparedness, according to public broadcaster NHK. ( read original story ...)

Posted on 11/11/2024

A boom for business tourism in Japan?

Japan’s MICE sector is expanding rapidly, adapting with tech upgrades, flexible venues and sustainable initiatives as the Osaka Expo approaches. ( read original story ...)

Posted on 11/11/2024

Global warming hitting Japan ski resorts hard, may affect Hokkaido’s famed Niseko snow

Question: How bad is the situation with ski resort business closures in Japan? Answer: According to corporate credit research firm Teikoku Databank Ltd., seven ski resort operators went bankrupt in ... ( read original story ...)

Posted on 10/11/2024

Spike in bad customer behaviour in Japan sees firms like 7-Eleven push back

An increase in abusive customers, which in extreme cases has driven workers to suicide, is seeing some Japanese companies take a stand The Japanese are often said to be well regarded for their ... ( read original story ...)

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