For many, a traditional after-work drink presents the challenge of tiptoeing a fine line between remaining professional and letting your hair down. But in Japan, it appears that one does not necessarily preclude the other. Drinking in the country ... ( read original story ...)
Itochu's streamlined Dole business returns to profit
TOKYO -- Japanese general trading house Itochu is pressing ahead with a strategic selection and concentration policy for its Dole fresh produce and packaged foods business, which it purchased four years ago. Thanks partly to cost reductions due to a ... ( read original story ...)
Japan would consider joining China-led AIIB if doubts are dispelled, Abe says
Abe made the remark on a Japanese television program following China’s hosting of a two-day international forum on the “One Belt, One Road” cross-continental infrastructure development plan the AIIB is set to finance. Japan and the United States ... ( read original story ...)
Japan urges Toshiba, Western Digital to get along as chip spat flares
Japan government spokesman Yoshihide Suga said ... "While we believe that the successful sale of its chip business is indispensable for Toshiba to remain a going concern, hurdles to realizing such a goal are increasing," said Masako Kuwahara, a senior ... ( read original story ...)
Japan govt says Toshiba and Western Digital need to get along
TOKYO: Japan's government said on Tuesday it wanted Toshiba Corp and partner Western Digital Corp to cooperate, expressing concern about an escalating dispute between the two that threatens to derail the sale of Toshiba's chip unit. Western Digital has ... ( read original story ...)
Boeing’s key suppliers in Japan want an upgrade
That doesn’t dent Shiraishi’s faith in how much further his company and Japan can reach in the aerospace business. Though Kawasaki is perhaps best known for its motorcycles, it’s an industrial goliath that makes ships, trains, jet engines and ... ( read original story ...)
Japan Post takes first net loss since privatization
The 400.3 billion yen write-down, which saddled the postal group with its first net loss since the 2007 privatization, may have stymied plans to turn the real estate business into a growth engine by purchasing one of Japan's biggest developers. The postal ... ( read original story ...)
Japan April ethylene output rises 3.7 pct yr/yr
TOKYO, May 16 (Reuters) - Japanese ethylene production in April rose 3.7 percent from the same month a year earlier to 549,800 tonnes, data from the Ministry of Economy, Trade and Industry showed on Tuesday. Ethylene, made from naphtha, is a basic ... ( read original story ...)
Japanese firms are employing ROBOTS to replace the plummeting working-age population
Japan's working-age population peaked in 1995 at 87 million ... They are also being sought by property developers, food and beverage makers and hotel chains. The Hen na Hotel, or the 'Odd Hotel,' near Tokyo Disneyland, for example, bills itself as a ... ( read original story ...)
Japan's ruling party heavyweight signals readiness to join AIIB: Nikkei
TOKYO Japan's senior ruling party official has signaled Tokyo's readiness to join the China-backed Asian Infrastructure Investment Bank (AIIB), saying it was crucial to reach a decision soon, the Nikkei newspaper reported on Tuesday. "The key would be how ... ( read original story ...)
Bank of Japan Fintech Head: Don't Expect Central Banks to Lead DLT
While central banks around the world are taking an active interest in blockchain and digital ledger technology (DLT), we shouldn't expect the institutions that manage money supplies to lead their development. That was one takeaway from a new conversation ... ( read original story ...)
BRIEF-Ambition sells Tokyo-based building
* Says it sold a Tokyo-based building at an undisclosed price, on May 15 Source text in Japanese: goo.gl/Fngq46 Further company coverage: (Beijing Headline News) Our Standards: The Thomson Reuters Trust Principles Next In Financials ( read original story ...)
Fire hits Yokohama tire factory along NLEX
A fire hit the Yokohama tire factory along the North Luzon Expressway ... share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000. ( read original story ...)
UPDATE 1-Japan bank MUFG's profit down 2.6 pct on weak domestic lending
TOKYO, May 15 Mitsubishi UFJ Financial Group (MUFG), Japan's biggest lender by assets, reported a 2.6 percent fall in profit for the year ended in March due to weak lending income and the central bank's negative interest rate policy. Weak economic growth ... ( read original story ...)
Japan bank MUFG's annual profit down 2.6 pct on weak domestic lending
TOKYO May 15 Mitsubishi UFJ Financial Group (MUFG) said on Monday net profit fell 2.6 percent for the year ended in March, hurt by weak lending income. Japan's biggest lender by assets said net profit came in at 926.4 billion yen ($8.16 billion)in the ... ( read original story ...)
Japan wakes up to global 'ransomware' cyberattack
The global "ransomware" cyberattack hit computers at 600 locations in Japan, but appeared to cause no major problems as people in the country started their workday Monday, even as the attack caused chaos elsewhere. 'We haven't fully dodged this bullet ... ( read original story ...)