Toshiba, which bought Westinghouse in 2006 for $5.4-billion now faces months of complex negotiations over the fate of its U.S. nuclear business, a discussion that could embroil the U.S. and Japanese governments. The U.S. government has guaranteed loans of ... ( read original story ...)
Japan ruling party urges strike ability amid NKorea threat
Japan's ruling party urged the government Thursday to consider arming itself with more advanced and offensive capability, such as striking enemy targets with cruise missiles, further loosening the self-defense-only military posture the country has had ... ( read original story ...)
Parker: Edo Japan eyes expansion into Ontario
Edo Japan began as a venture to help the late Rev. Susumu Ikuta ... Read his columns online at calgaryherald.com/business. He can be reached at 403-830-4622 or by email at info@davidparker.ca. ( read original story ...)
Government, Japan Inc. trying to assess Brexit impact on U.K. operations
More than 1,200 Japanese firms are operating in Britain, according to the Japan Business Federation (Nippon Keidanren), the country’s largest business lobby. “I hope efforts will be made to prevent any disadvantage,” said Keidanren head Sadayuki ... ( read original story ...)
Toshiba's chip business draws about 10 bidders
TOKYO -- The first round of competitive bidding for Toshiba's memory chip business closed Wednesday, attracting 10 or so possible buyers. The embattled Japanese conglomerate, sinking deeper into negative net worth after U.S. nuclear unit Westinghouse ... ( read original story ...)
Tokyo expo building global launchpad for Japanese startups
TOKYO -- Slush Tokyo, a sister expo to the larger annual startup conference in Finland, has grown into an event capable of lifting next-generation Japanese enterprises onto the global stage. The two-day show kicked off Wednesday with a record 500 ventures ... ( read original story ...)
European and Japanese business groups warn of Brexit impact
Overseas companies that invest in the UK issued a flurry of warnings on Tuesday about the threat Brexit poses to their businesses, signalling their growing concern as the UK prepares to start the formal process of leaving the EU. Forty European business ... ( read original story ...)
Osaka to privatize subway, bus operations in 2018, achieving Hashimoto goal
According to the ordinance, the subway operations will be transferred to a new company of which the city will take full control while the bus business will be handed over to Osaka City Bus Co., a city-affiliated firm. The privatization of the two transport ... ( read original story ...)
Japan’s business lobby issues Brexit warning to Theresa May
Japan’s powerful Keidanren business lobby is stepping up its challenge to Theresa May’s handling of Brexit, with a communique demanding that the UK prime minister give “deeper consideration” to the effects on the British economy, according to ... ( read original story ...)
Tokyo futures trade near four-month low despite weak yen
TOKYO, March 28 (Reuters) - Benchmark TOCOM rubber futures for new September delivery traded near a four-month low on Tuesday, despite getting support from a weaker yen against the dollar, which makes yen-denominated commodities cheaper for holders of ... ( read original story ...)
TDK's Subsidiary TDK-Micronas to Acquire ASIC Specialist ICsense to Further Grow Its Sensor Business
With this acquisition TDK has made another decisive step forward to further grow its sensor business. ASICs perform processes essential to sensor products by reading the values detected by sensors and conducting signal processing. TOKYO--(BUSINESS WIRE ... ( read original story ...)
A stay at the InterContinental Tokyo Bay
Located just outside central Tokyo near Odaiba island, the InterContinental Tokyo Bay offers both luxury and value to business and leisure travelers. I'm a big fan of InterContinental Hotels. I find a great consistency of quality with the brand ... ( read original story ...)
Japan's mouthwatering school lunch program is a model for the rest of the world
Japanese school lunches aren't synonymous with "mystery meat," but rather, shokuiku. It means "food and nutrition education," and it's a vital part of the Japanese child's early education. Beginning in elementary school, kids come to understand that what ... ( read original story ...)
Japanese companies plan lower pay hike this year: Reuters poll
As Japan's annual "shunto" wage hikes kicked in this month, the Reuters Corporate Survey found that only 19 percent of businesses said they would raise monthly wages by 2 percent or more, versus the 2.14 percent average hike at big firms seen last year. ( read original story ...)
Toshiba's Westinghouse may file bankruptcy Tuesday, seeks Kepco aid: Nikkei
A Chapter 11 filing could help Toshiba limit damage from losses at Westinghouse, the report by the Japanese business daily said, without citing sources for its information. Sources told Reuters on Friday that Toshiba had told its main banks it planned to ... ( read original story ...)
Japanese firms still slow in reducing overtime: survey
although 31 said the government’s labor reform could negatively affect their business. Companies in Japan are under pressure to improve working conditions for their employees also out of need to attract talent amid the shrinking population. A government ... ( read original story ...)