TOKYO (Reuters) – Japanese Prime Minister Yoshihide Suga will order his government to compile extra economic stimulus measures as early as November, the Nikkei newspaper reported on Tuesday. The move would signal the government’s readiness to deploy more support to cushion Japan’s economy from the significant disruption to consumers and […]
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Japan’s Suga to order new economic stimulus as early as November, Nikkei says
TOKYO (Reuters) – Japanese Prime Minister Yoshihide Suga will order his government to compile extra economic stimulus measures as early as November, the Nikkei newspaper reported on Tuesday. FILE PHOTO: Yoshihide Suga speaks during a news conference following his confirmation as Prime Minister of Japan in Tokyo, Japan September 16, […]
Food-e, Japan’s First Gourmet Restaurant Delivery App, Launches Today
Starting today, Tokyo foodies will no longer have to compromise when they order food for delivery. Japan’s first gourmet restaurant delivery app, Food-e, launches today in central Tokyo. With a curated collection of Tokyo’s best restaurants, exclusively available on Food-e, such as Nobu Tokyo, Elio Locanda, Oak Door, Shunbou and […]
Japan’s Koizumi Eyes Reform in a $15 Billion Power Market
(Bloomberg) — In a couple of years, Japan will be paying the highest rates in the world to incumbent power utilities simply for maintaining generation capacity, including coal and nuclear plants, to help meet electricity demand in times of scarcity. That windfall comes at a time when Japan is seeking […]
Japan’s jobs market worsens in August as coronavirus damage persists
By Yoshifumi Takemoto, Kaori Kaneko TOKYO (Reuters) – Japan’s unemployment rate rose in August to its highest in over three years and job availability fell to a more than six-year low, government data showed on Friday, indicating damage caused by the COVID-19 pandemic persisted through the month. FILE PHOTO: Job […]
Japan’s Sony and Kioxia seeking U.S. approval to supply to Huawei – Nikkei
FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China, July 22, 2019. REUTERS/Aly Song/File Photo TOKYO (Reuters) – Japan’s Sony Corp and memory chipmaker Kioxia Holdings Corp have applied for U.S. approval to continue supplying Huawei Technologies Co Ltd, Nikkei reported […]
Japan’s NTT weighs potential $38 billion buyout of wireless unit Docomo
By Sam Nussey, Makiko Yamazaki TOKYO (Reuters) – Japan’s Nippon Telegraph and Telephone Corp (NTT) 9432.T said it is looking at taking full control of its wireless carrier business in a deal that could be worth around 4 trillion yen ($38 billion) and pave the way for price cuts in […]
Japan’s Nomura cuts investment banking jobs in Dubai
Tokyo-based brokerage shrinks its Middle East footprint and moves coverage of the region to staff in other offices Nomura Holdings has cut about a half dozen investment banking jobs in Dubai, as Japan’s biggest brokerage shrinks its Middle East footprint and moves coverage of the region to staff in other […]
Japan’s Car Lobby Says Domestic Auto Sales Recovering, Warns on Consumer Spending | Investing News
TOKYO (Reuters) – Japan’s influential car lobby said on Thursday domestic vehicle sales sharply recovered in September after the government lifted a lockdown in May, but warned the coronavirus pandemic would continue to weigh on consumer spending. The world’s third largest economy suffered its worst postwar contraction in the second […]
Japan’s August Consumer Prices Fall at Fastest Pace in Four Years | Investing News
TOKYO (Reuters) – Japan’s core consumer prices fell at their fastest pace in almost four years in August, dragged mostly by government-sponsored discounts for domestic travel aimed at supporting the battered tourism sector. The weak consumer price data comes after Bank of Japan Governor Haruhiko Kuroda said on Thursday it […]
Japan’s New PM Yoshihide Suga Is Self-made, Powerful Adviser
Japan’s new prime minister Yoshihide Suga is a farmer’s son with a reputation for inscrutability who has been a key government adviser and policy enforcer. The 71-year-old easily won election to office on Wednesday in parliament, where his ruling Liberal Democratic Party commands a comfortable majority, replacing Shinzo Abe, who […]