People in Japan have been rushing to buy nuclear bomb shelters and air purifiers because of a fear that North Korea may launch a missile attack without notice. Now the country's suppliers are struggling to keep up with demand, forcing people onto a waiting ... ( read original story ...)
Yakuza aim for ‘private army’ business model in bid to go legit
There has been growing concern among Japanese companies and organisations doing business in some parts of the region about the safety of their staff, particularly after seven members of the Japan International Cooperation Agency were killed in an attack by ... ( read original story ...)
Japan casts a wider net with its latest fintech initiatives
Japan's fintech efforts have largely focused on blockchain ... Sarah Kocianski, senior research analyst for BI Intelligence, Business Insider's premium research service, has compiled a detailed report on fintech profitability that: Explains why the ... ( read original story ...)
Japanese airbag maker Takata files for bankruptcy, gets Chinese backing
Japan’s Takata Corp , the firm at the center of the auto ... Jason Luo, president and CEO of KSS, said in a statement the “underlying strength” of Takata’s business had not diminished despite the airbag recall, citing its skilled employee base ... ( read original story ...)
Japan ‘poised to begin informal trade talks with UK’
Japan is poised to begin informal trade talks with the UK to secure a swift trade deal after Brexit. Shinzo Abe’s government has signalled an intention to open a dialogue with the UK while it remains in the EU, even though formal bilateral negotiations ... ( read original story ...)
Europe and Japan Near Trade Deal as U.S. Takes Protectionist Path
The European Union and Japan are close to sealing one of the largest trade agreements ever, a deal that could further isolate the United States as President Trump forges a protectionist path. The deal, which brings together two giants encompassing a ... ( read original story ...)
SAWEA business mission visits Japan for water and wastewater technologies
The training center was built by Osaka Municipal Water Works Bureau for transferring ... and FO (Forward Osmosis) membrane and future business in Saudi Arabia. Following a lecture from Toyobo, they had a good chance to look about the manufacturing process ... ( read original story ...)
Japan Inc. bails out Toshiba by snapping up its $18B chip business
Toshiba plans to sell its prized memory chip business to a group of investors led by the Japanese government as it races to raise money to stave off financial ruin. The struggling Japanese conglomerate said Wednesday it has picked a bid worth about 2 ... ( read original story ...)
Osaka utility cutting power prices for first time since Fukushima
The new rates "will benefit all our customers in the Kansai area," the company said, referring to the region including Osaka and Kyoto. Both residential and high-volume business customers should see prices drop. But the utility has only so much cost ... ( read original story ...)
Japan business mood up, points to better BOJ tankan – Reuters Tankan
TOKYO Confidence among Japanese manufacturers bounced in June to match a decade-high level recorded in April and is expected to rise for several months, a Reuters survey found, providing more evidence of economic recovery. Service-sector mood rose to a two ... ( read original story ...)
Japan’s May exports rise fastest in over two years, set to sustain growth
Japan’s exports surged in May by the fastest in more than two years on higher shipments of cars and steel, an encouraging sign that robust global demand will help keep the country’s modest economic recovery on track. The 14.9 per cent annual increase ... ( read original story ...)
Japan logs surprise trade deficit in May as energy costs expand
TOKYO, Japan — Japan unexpectedly slumped back into a trade deficit for the first time in four months, as soaring energy import bills offset growth in the country’s shipments abroad, government data showed Monday. Japan logged a surprise deficit of 203 ... ( read original story ...)
Fiat Chrysler denies report it has decided to pull Chrysler brand from Japan
"Although FCA Japan has already announced its intention to concentrate its resources on the Jeep brand ahead, no decisions have been made regarding (the) Chrysler brand," the automaker said in a statement on Monday. The Nikkei business daily reported that ... ( read original story ...)
Japan PM to reshuffle cabinet as ratings slump: media
TOKYO Japanese Prime Minister Shinzo Abe will likely reshuffle his cabinet to try to bolster ratings battered by suspicions that he helped a friend get favored treatment for his business, media reported on Monday. The Nikkei business daily, citing ... ( read original story ...)
The Latest: Japan coast guard leads search for Navy sailors
The Navy says the Japanese coast guard is leading the search for seven sailors missing after their U.S. destroyer collided with a container ship early Saturday. The USS Fitzgerald was damaged both above and below the water line. A search of some parts of ... ( read original story ...)
Japanese on board for EEC, 4.0 push
The Japanese business community has pledged to support the much-touted Eastern Economic Corridor (EEC) and Thailand 4.0 initiative, two large projects focussed on innovation and technology to foster a value-based economy. Japan's Chamber of Commerce is ... ( read original story ...)