TOKYO -- Japanese autoparts maker Denso is investing 30 billion yen ($282 million) in JOLED, a spinoff of Sony's and Panasonic's display businesses, hoping to catch up with the South Korean competition in automotive panels. Denso will take a roughly 15% ... ( read original story ...)
Japan to fuel space startups with nearly $1bn funding pool
TOKYO -- Japan aims to speed space startups toward the final frontier by offering monetary aid from a pool of 100 billion yen ($940 million), as well as creating a human resource hub and weighing a legal path for commercial development on the moon. ( read original story ...)
Japan Tourism Corporation to launch IPO in South Korea in April
JAPAN/SOUTH KOREA. Travel retailer Japan Tourism Corporation (JTC) has announced that its shares will be listed on South Korea’s KOSDAQ market in early April, according to Yonhap News Agency. The Beppu, Japan-headquartered company received approval from ... ( read original story ...)
Japan Tourism Corporation to launch IPO in South Korea in early April
JAPAN/SOUTH KOREA. Duty free retailer Japan Tourism Corporation (JTC) has announced that its shares will be listed on South Korea’s KOSDAQ market in early April. The Beppu, Japan-headquartered company received approval from the Korea Stock Exchange (KRX ... ( read original story ...)
Japan logs goods trade surplus of 3.4 billion yen in February
TOKYO (Kyodo) -- Japan posted a goods trade surplus of 3.41 billion yen ($32.1 million) in February amid continued strength in exports, but rising energy imports weighed on the black ink, government data showed Monday. The trade surplus came as exports ... ( read original story ...)
Japan-led Turkish nuclear plant project mired in cost overruns
TOKYO -- A Japan-led nuclear power plant project in Turkey looks to cost more than twice as much as initially projected, highlighting challenges for Tokyo's push to export Japanese infrastructure. The Japanese and Turkish governments agreed on the public ... ( read original story ...)
Nikkei Rockwell: Japanese Food with a Twist (and Lots of Promos!)
We have looked far and wide for Japanese food with a twist here in Manila and we have finally found it. Serving more than just sushi and sashimi, this restaurant wants to differentiate itself by introducing a new type of cuisine-fusion in the country. ( read original story ...)
Japan’s import prices for daily goods sink further
TOKYO -- Import prices for apparel and daily goods in Japan plunged last year, as growing labor costs in China push companies to automate or move production to Southeast Asia. The price of imported clothing fell by 1.7%, the sharpest drop since a 2.1% ... ( read original story ...)
Ministry of Finance staff member found dead in apparent suicide in January
An employee of the Ministry of Finance committed suicide in a dormitory in Setagaya Ward in January (Twitter) TOKYO (TR) – A male staff member of the Ministry of Finance was found dead in an apparent suicide in Setagaya Ward in January, it was learned ... ( read original story ...)
Japan theme park to replace a third of staff with robots
TOKYO -- Japanese travel agency and resort operator H.I.S. plans ... Chairman and CEO Hideo Sawada said in an interview with Nikkei that he plans to reduce that number to about 800 by around 2021. The displaced workers "will be reassigned to growing ... ( read original story ...)
Japan finance minister to skip G20 as cronyism scandal balloons
Japan's finance minister will skip a G20 meeting next week, officials said Friday, to address parliament as pressure mounts over a cronyism scandal and alleged cover-up dogging the prime minister. Taro Aso "will concentrate on" dealing with parliament, and ... ( read original story ...)
Amazon Japan probe tests antitrust doctrine in new era
TOKYO -- Antitrust investigators raided Amazon Japan's offices Thursday over suspicions that the online retailer is muscling suppliers into subsidizing discounts on its platform, but determining whether the new-economy heavyweight truly engaged in unfair ... ( read original story ...)
Japan’s home-sharing registrations off to a rocky start
One in three municipalities in Japan plans to introduce restrictions on top of the ... 62.7% of respondents said in a Nikkei poll of around 100 home-sharers. Some 72.5% said they have no permit, and 27.5% said they will stop renting out their properties ... ( read original story ...)
Singapore Still World’s Costliest City; Paris, Zurich Second
After 31 Top Defaulters Flee, India Seeks to Shut the Gates Bandhan Bank IPO: Here’s All You Need To Know Gorakhpur ... cities identified in the report released this week. Tokyo and Osaka were conspicuous in their absence from the top 10, edged out ... ( read original story ...)
Hong Kong ranks fourth in Worldwide Cost of Living report
Asia is now home to three of the 10 most expensive cities in the world, down from five last year, as Japan’s Tokyo and Osaka were pushed out of the top ... China contributed the most non-US Initial Public Offerings (IPO) to the New York Stock Exchange ... ( read original story ...)
Japan finance minister to skip G20, attend parliamentary debate on controversial land sale: source
TOKYO (Reuters) - Japanese Finance Minister Taro Aso will not attend the Group of 20 finance leaders’ meeting in Buenos Aires next week due to parliamentary wrangling over altered documents in a suspected favoritism scandal, a ruling party source told ... ( read original story ...)