JAPAN Post has plunged into the red after writing billions ... Germany’s DHL has beefed up operations here and Singapore Post has invested heavily in its Couriers Please business in recent years. Australia Post tipped $2 billion into its package-handling ... ( read original story ...)
Self-made rebel takes on $13 billion Japan giant in M&A fight
Japanese companies' owner-managers often have no incentive to improve profitability, because that would increase the inheritance tax incurred when their business is passed on to the next generation, Sasaki says. Non-owner managers, meanwhile, lack ... ( read original story ...)
China clamps down on excess steel as Japan decries Trump ‘protectionism’
Analysts say the revocations were unlikely to be a direct response to Trump’s plan, but rather a part of China’s reform measures aimed at reducing surplus steel capacity that many estimate at around 300 million tonnes, about three times Japan’s ... ( read original story ...)
KDDI: TELEHOUSE OSAKA 2 Data Center in Osaka to Provide Direct Connection to JPIX, Japan's Largest Internet Exchange Operator
TOKYO & OSAKA, Japan--(BUSINESS WIRE)--KDDI CORPORATION (TOKYO:9433) (KDDI) and Japan Internet Exchange Co., Ltd. (JPIX) have agreed to establish a JPIX connection point (PoP [1]) within the TELEHOUSE OSAKA 2 data center operated by KDDI in Osaka ... ( read original story ...)
A Review of the Intercontinental Osaka’s Residential Suite
Beyond hotel rooms, Intercontinental Osaka provides guests with an option for serviced residential suites. This is perfect for long-term business travelers and families staying together in one suite. The top 4 floors hold the one to three bedroom ... ( read original story ...)
Japan's Sawai Pharma to buy US generics maker
OSAKA -- Sawai Pharmaceutical will buy the generics business of U.S. drugmaker Upsher-Smith Laboratories for $1.05 billion, the Japanese company said Thursday, eager to make up for lost time after its first push into the American market stalled. ( read original story ...)
Japan government raises business sentiment assessment, first time in four months
TOKYO Japan's government raised its assessment of business sentiment in April, the first upgrade in four months, after the Bank of Japan's tankan survey showed this month that the corporate mood brightened. However, the government left unchanged for the ... ( read original story ...)
Japan's exports, imports surge in sign of renewed vigor
Japan's exports rose at a faster-than-expected 12 percent pace in March, while imports jumped nearly 16 percent from a year earlier, the government said Thursday. The data suggest relatively strong foreign demand could lift growth for the world's No. 3 ... ( read original story ...)
Pence tells Japanese business leaders that U.S. tax reform is coming soon
Sidestepping the political difficulties back in Washington, Vice President Mike Pence told Japanese business leaders Wednesday that President Trump is working “around the clock” on tax reform that will benefit Japanese-owned businesses in the U.S ... ( read original story ...)
Pence reassures Japan of U.S. resolve on North Korea, to work with China
North Korea regularly threatens to destroy Japan, South Korea and the United States and it ... intercepting cargo ships and punishing Chinese banks doing business with Pyongyang. They also say greater Chinese cooperation is vital. "DIPLOMACY FIRST CHOICE ... ( read original story ...)
Tokyo Stocks Open Higher as Yen Slips
Metrotvnews.com, Tokyo: Tokyo stocks opened higher Tuesday as a weaker yen lifted exporters following reported remarks by the US treasury secretary that a strong dollar is 'a good thing' over the long term. Investors also got relief from solid gains on ... ( read original story ...)
Marijuana investor Lorne Gertner on the future of Canada’s pot business
Gertner’s most active involvement with the cannabis business today is Tokyo Smoke a retail operation and brand which he started with son Alan, a former Google employee, in 2015. The company has a downtown Toronto coffee shop and store, where it sells pot ... ( read original story ...)
Grand twin tower complex in Osaka marks completion
... mark the completion of a new town complex comprised of two 200-meter buildings that have dramatically reshaped Osaka's central business district's skyline was held in the city’s Kita Ward on April 17. Executives of the construction company, tenants ... ( read original story ...)
Toshiba’s sale of memory-chip business hits snag as Western Digital objects
Toshiba Corp.’s plans to sell its memory-chip business to raise much-needed cash hit a snag as ... Toshiba shares fell as much as 3.1 per cent in Tokyo trading. They have dropped 22 per cent this year before today. The U.S. company, one of the largest ... ( read original story ...)
In Japan talks, Pence to seek market access, investment
Pence developed ties with Japanese business and political leaders as governor of Indiana, a state that is home to Subaru , Honda and Toyota plants, and about 260 Japanese companies in total employing about 60,000 residents. ( read original story ...)
Japan reaches out
With ample liquidity supplied by its central bank and facing an anaemic economy back home, many Japanese companies do not have to look any farther west than Southeast Asia to ply their trade and expand their business empires. As most Asean economies remain ... ( read original story ...)