A Japanese technology giant is backing lending startup Kabbage

Kabbage, a $1 billion online lending startup, has announced a $250 million equity investment from a Japanese telecom giant SoftBank, according to a press release on the news. Kabbage was founded in 2008 to disrupt the business lending space. It currently ... ( read original story ...)

Summer bonuses fall for first time in five years

according to a final tally by the Japanese Business Federation (Keidanren). The average bonus fell 2.98 percent from a year earlier to ¥878,172, the first drop since 2012, after the March 2011 Great East Japan Earthquake, according to the tally ... ( read original story ...)

Marriott opens five new properties in Japan

Marriott International has partnered with the Mori Trust Group and continues to expand their presence in Japan. The properties are spread across the country and natural resource from lakes to beaches to moutain’s to cities - they have covered the ... ( read original story ...)

A limping Japan Display scrambles to join the OLED party

TOKYO If one company symbolizes the decline of Japan's once-dominant display industry ... APPLE SHOCK In a medium-term business plan unveiled at the end of 2016, the company targeted sales of 1.1 trillion yen and an operating profit of 88 billion yen ... ( read original story ...)

Honda leads Japan in planned R&D investments for 2017

TOKYO -- Honda Motor tops the list of 20 Japanese companies with the largest planned increase ... The survey also rated expectations of which new technologies would create business opportunities. AI ranked highest at an average of 4.5 out of 5, followed ... ( read original story ...)

Tokyo 2020 open mascot design competition to public

Tokyo 2020 had revealed in March that the names will come from creative professionals, rather than from the general public. Mascots are a popular element of modern Japanese culture, usually created to promote a particular region, event or business. ( read original story ...)

Asia shares fall as Apple’s glossy earnings effect fades

TOKYO (AP) — Asian markets mostly fell Thursday as the rally from news of Apple's strong earnings that spurred record highs for the Dow Jones industrial average faded. Myriad worries over China's rising debt, weaker commodity prices and possible rising ... ( read original story ...)

Japan’s Abe to launch new cabinet after scandals

Tokyo, Aug 3 (AFP) Japanese Prime Minister Shinzo Abe today ... including allegations of favouritism to a friend in a business deal — which Abe strongly denies. Abe will reportedly reappoint former defence minister Itsunori Onodera to the post after ... ( read original story ...)

Can Japan provide answers to the west’s economic problems?

Others, especially in business, believe it is a pipe dream to think the economy ... walked into Kakio station, on the outskirts of Tokyo, and sat down on a platform bench. They looked like sisters, said one witness. They were dressed in their best clothes. ( read original story ...)

Asian shares dip on profit-taking after Dow hits 22,000

TOKYO (Reuters) - Asian shares dipped on Thursday as investors locked in recent gains after Wall Street's Dow Jones Industrial Average broke the 22,000 barrier for the first time in its 121-year history. MSCI's broadest index of Asia-Pacific shares outside ... ( read original story ...)

Furukawa Electric begins mass producing stealth dicing tape

TOKYO--(Antara/BUSINESS WIRE)-- Furukawa Electric Co., Ltd. (TOKYO:5801) has begun mass producing expand separation dicing tape, a type of tape for use with semiconductors. Expand separation dicing tape delivers high-grade separation of IC chips from ... ( read original story ...)