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Japan News | Lastest business News

Account surplus hits 10-year high

Jiji PressTOKYO (Jiji Press) — Japan’s current account surplus in April-September hit the highest level in 10 years, thanks to an increase in dividend inco...Nov 09, 2017

MUFG makes move for Indonesian bank stake

Reuters TOKYO/SINGAPORE (Reuters) — The core unit of Mitsubishi UFJ Financial Group (MUFG) is looking to buy a 40 percent stake in Bank Danamon Indonesia for...Nov 09, 2017

AT&T mega-deal hits snag over CNN

The Associated PressNEW YORK (AP) — AT&T’s pending acquisition of Time Warner, an $85 billion media deal that could shake up how Americans watch TV, is bei...Nov 09, 2017

Nikkei briefly surpasses 23,000

Jiji Press TOKYO (Jiji Press) — Stocks ended with losses on the Tokyo Stock Exchange on Thursday, hit by a wave of selling after the benchmark Nikkei average...Nov 09, 2017

Amazon to launch Echo in Japanese

Jiji Press TOKYO (Jiji Press) — Amazon Japan G.K. said Wednesday it will launch three models of its Echo artificial intelligence-based smart speaker that sup...Nov 09, 2017

Forex reserves drop $5,385 mil. in Oct.

Jiji Press TOKYO (Jiji Press) — Japan’s foreign exchange reserves at the end of October dropped by $5,385 million from a month before to $1,260,925 million...Nov 08, 2017

Isetan starts early retirement program

Jiji Press TOKYO (Jiji Press) — Isetan Mitsukoshi Holdings Ltd. has introduced a new early retirement program to reduce its workforce, Toshihiko Sugie, presi...Nov 08, 2017

Winter bonuses see 1st drop in 5 yrs

Jiji Press TOKYO (Jiji Press) — The average winter bonus for unionized workers at major Japanese companies fell 1.19 percent from a year before, its first dr...Nov 08, 2017

Imported auto sales up for 3rd month

Jiji Press TOKYO (Jiji Press) — Sales of imported foreign-brand vehicles in Japan grew 7.5 percent from a year before to 20,902 units in October, up for the ...Nov 08, 2017

Toyota upgrades forecast

AFPTOKYO (AFP-Jiji) — Japanese car giant Toyota Tuesday reported a rise in first-half net profit and raised its forecast for the whole year, citing a cheaper...Nov 07, 2017

Nissan resumes auto production at 5 plants

Jiji Press TOKYO (Jiji Press) — Nissan Motor Co. has resumed production at five of the six plants in Japan that had been suspended due to the automaker’s v...Nov 07, 2017

Catalan saga threatens Belgium-Spain ties

The Associated PressBRUSSELS (AP) — The Catalan crisis is being called a “nightmare” and a “time bomb” for Belgium’s government. The outlawe...Nov 07, 2017

Qatar Airways buys Cathay stake

BloombergSINGAPORE (Bloomberg) — Qatar Airways Ltd. agreed to acquire a stake in Cathay Pacific Airways Ltd., a deal that would help it gain a foothold in th...Nov 06, 2017

Fukubukuro lucky bags unveiled

Jiji Press TOKYO (Jiji Press) — Department stores have unveiled their fukubukuro New Year’s lucky bags for 2018, including many packages that offer experie...Nov 06, 2017

GDP requirement may be dropped in TPP

The Yomiuri ShimbunJapan, Australia and nine other countries plan to relax the conditions required to bring the Trans-Pacific Partnership free trade agreement ...Nov 05, 2017

Reservation now needed to meet Macy’s Santa

The Associated Press NEW YORK (AP) — Santa Claus may be coming to town, but you’ll need a reservation to see him. At Macy’s flagship store on 34th Street in New York, a chance to sit on Saint Nick’s lap is by appointment only this year, for the...
Nov 20, 2017

Nippon Flour to up prices in Jan.

Jiji PressTOKYO (Jiji Press) — Nippon Flour Mills Co. said Monday that it will raise the prices of some home-use flour and premix products, starting with shi...Nov 20, 2017

Volatility returns to Tokyo markets

Bryan Goh says there’s no clear reason why Japanese stocks suddenly started falling after a turbocharged rally sent them to their highest in a ...Nov 20, 2017

Dollar weaker around ¥112 in Tokyo

The dollar was weaker around ¥112 in Tokyo trading on Monday, affected by the euro’s slide against the Japanese currency after German Chan...Nov 20, 2017

Honda recalls 900,000 minivans

The Associated Press NEW YORK (AP) — Honda is recalling about 900,000 of its Odyssey minivans because the second-row seats may tip forward if not properly la...Nov 19, 2017

Misconduct ‘became normal at Nissan’

By Ko Yoshida and Ayaka Kudo / Yomiuri Shimbun Staff WritersThe report Nissan Motor Co. released Friday on its use of unqualified workers in final vehicle insp...Nov 18, 2017

Waymo to launch self-driving robotaxis

By Alexandria Sage /ReutersSAN FRANCISCO — Alphabet Inc.’s Waymo will launch a ride-hailing service with no human behind the steering wheel and has been te...Nov 18, 2017

Tesla unveils electric tractor-trailer

The Associated Press DETROIT (AP) — Tesla Inc. unveiled its new electric “Semi” tractor-trailer Thursday night near its design center in Hawthorne, Calif...Nov 18, 2017

Siemens to cut 6,900 jobs

Reuters FRANKFURT (Reuters) — Siemens will cut about 6,900 jobs, or close to 2 percent of its global workforce, mainly at its power and gas division, which h...Nov 17, 2017

Overseas rallies send Tokyo stocks higher

Jiji Press TOKYO (Jiji Press) — Stocks gained further ground on the Tokyo Stock Exchange on Friday, supported by an overnight rebound in U.S. and European eq...Nov 17, 2017

U.S. industrial output rises 0.9% in Oct.

The Associated Press WASHINGTON (AP) — U.S. industrial production jumped a solid 0.9 percent in October as factory activity recovered from the impact of Hurr...Nov 17, 2017

Mexico to propose stricter NAFTA review

ReutersMEXICO CITY (Reuters) — Mexican negotiators will propose that the North American Free Trade Agreement be rigorously reviewed every five years rather t...Nov 16, 2017

Subaru to recall 395,000 vehicles

Jiji Press TOKYO (Jiji Press) — Subaru Corp. told the transport ministry on Thursday that it will recall some 395,000 vehicles of nine passenger car models i...Nov 16, 2017

Beaujolais hits market amid waning demand

Jiji Press TOKYO (Jiji Press) — This year’s Beaujolais Nouveau wine, produced in France’s Bourgogne region, went on sale in Japan on Thursday. Now...Nov 16, 2017

Tokyo new condo supply falls 3.0%

Jiji Press TOKYO (Jiji Press) — The number of new condominiums put up for sale in the greater Tokyo area fell 3.0 percent from a year earlier to 2,817 units ...Nov 15, 2017

Biz loan rates down for 9th straight year

Jiji Press TOKYO (Jiji Press) — Japan’s average interest rate for lending to companies fell for the ninth straight year in fiscal 2016 that ended in March,...Nov 15, 2017

Yamato offers ¥2,000 hourly rate

Jiji Press TOKYO (Jiji Press) — Yamato Transport Co. is recruiting temporary drivers for nighttime parcel deliveries in December by offering an hourly pay of...Nov 15, 2017

Muji operator to lower more prices

Jiji Press TOKYO (Jiji Press) — Ryohin Keikaku Co., the Muji store operator, plans to cut prices for over 2,400 items, or some 40 percent of all products it ...Nov 15, 2017

2018 agreement eyed on RCEP pact

Jiji Press MANILA (Jiji Press) — Leaders of Japan, China, South Korea and 13 other nations agreed on Tuesday to make efforts to reach an accord on the propos...Nov 15, 2017

BOJ cautious on long-term rate drop

Jiji Press TOKYO (Jiji Press) — Bank of Japan Gov. Haruhiko Kuroda expressed his concerns on Monday over negative effects on the economy from an excessive fa...Nov 15, 2017

Nikkei edges lower on profit-taking

The Nikkei 225 average closed marginally lower Tuesday, falling for the fifth straight session due to profit-taking after the surge through early las...Nov 14, 2017

RCEP talks to be carried over to next year

By Takeyuki Hitokoto / Yomiuri Shimbun CorrespondentMANILA — Ongoing negotiations on the Regional Comprehensive Economic Partnership (RCEP) will be carried o...Nov 13, 2017

Emirates’ buy gets Boeing $15.1 bil.

The Associated Press DUBAI (AP) — Long-haul carrier Emirates purchased 40 American-made Boeing 787-10 Dreamliners on Sunday at the start of the biennial Duba...Nov 13, 2017

Producer prices up 10 months in row

Jiji PressTOKYO (Jiji Press) — Japan’s producer prices in October rose 3.4 percent from a year before, up for the 10th straight month, the Bank of Japan sa...Nov 13, 2017

Chinese shopping festival smashes record

Reuters SHANGHAI (Reuters) — Alibaba, the Chinese e-commerce giant, said its Singles’ Day sales surged past last year’s total just after midday Saturday,...Nov 12, 2017

Japan to loosen rules on hydrogen stations

Jiji PressTOKYO (Jiji Press) — The Fire and Disaster Management Agency plans to make the installation of hydrogen filling stations easier by revising ordinan...Nov 12, 2017

Broad TPP agreement finally announced

By Hiroyuki Tanaka / Yomiuri Shimbun Staff WriterDA NANG, Vietnam — Toshimitsu Motegi, minister in charge of economic revitalization, and Vietnamese trade mi...Nov 11, 2017

National debt hits record ¥1.08 quad.

Jiji Press TOKYO (Jiji Press) — Japan’s national debt hit a record ¥1,080,440.5 billion at the end of September, up ¥1,474.1 billion from three months be...Nov 11, 2017

Avg. of household financial assets rises

Jiji Press TOKYO (Jiji Press) — The average financial assets held by Japanese households with two or more members this year rose 6.8 percent from the previou...Nov 11, 2017

Convenience stores log sales drop

Jiji Press TOKYO (Jiji Press) — Seven-Eleven Japan Co. reported Friday that its sales declined 0.5 percent from a year before on a same-store basis in Octobe...Nov 11, 2017

TPP leaders’ meeting postponed

Reuters DA NANG, Vietnam (Reuters) — A planned meeting of leaders of the 11 countries in the Trans-Pacific Partnership to decide on the fate of the trade pac...Nov 10, 2017

Shiseido acquires AI firm Giaran

Jiji Press TOKYO (Jiji Press) — Major cosmetics maker Shiseido Co. said Wednesday it has acquired Giaran Inc., a U.S. startup strong in artificial intelligen...Nov 10, 2017

M3 money stock up 3.5% in Oct.

Jiji Press TOKYO (Jiji Press) — Japan’s M3 money stock in October grew 3.5 percent from a year earlier, the Bank of Japan said in a preliminary report on F...Nov 10, 2017

New blue cyclamen variety unveiled

Jiji Press NARITA, Chiba Pref. (Jiji Press) — Suntory Flowers Ltd. showed off its new brand of blue cyclamen in Narita, Chiba Prefecture on Thursday. ...Nov 10, 2017

Departure tax under ¥1,000 proposed

Jiji Press TOKYO (Jiji Press) — An experts’ panel formed by the Japan Tourism Agency on Thursday proposed imposing a tax of less than ¥1,000 per head on a...Nov 10, 2017

Toshiba to consider quitting PC, TV biz

Jiji PressTOKYO (Jiji Press) — Toshiba Corp. will consider whether to terminate its personal computer and television business after it incurred a first-half...Nov 10, 2017

Trump backs N.Y. for Saudi Aramco listing

Reuters WASHINGTON/KHOBAR, Saudi Arabia (Reuters) — U.S. President Donald Trump publicly appealed on Saturday for Saudi Arabia to list national oil company S...Nov 05, 2017

Trump to seek action on deficit

By Takanori Yamamoto / Yomiuri Shimbun Correspondent WASHINGTON — In a bid to reduce his country’s trade deficit, U.S. President Donald Trump plans to urge...Nov 05, 2017

Game makers tap AI to profile players

Bloomberg TOKYO (Bloomberg) — In the game industry of today, titles like Clash Royale and Pokemon Go are free for most people because there’s a small numbe...Nov 05, 2017

Google has new plan for China

BloombergSAN FRANCISCO (Bloomberg) — More than seven years after exiting China, Google is taking the boldest steps yet to come back. And it’s not with a se...Nov 05, 2017

U.S. slaps levy on Canadian wood

The Associated Press TORONTO (AP) — The U.S. Commerce Department issued its final finding Thursday on the softwood lumber duties Canadian producers must pay,...Nov 04, 2017

Qualcomm says Apple breached contract

BloombergSAN FRANCISCO (Bloomberg) — Qualcomm Inc. has sued Apple Inc., accusing the iPhone maker of failing to abide by the terms of a software license and ...Nov 03, 2017

Starbucks cuts long-term profit outlook

ReutersLOS ANGELES (Reuters) — Starbucks Corp. trimmed its profit forecast and posted disappointing quarterly sales on Thursday, squeezed by competitors rang...Nov 03, 2017

Trump to tap Powell as next Fed chair

ReutersWASHINGTON (Reuters) — U.S. President Donald Trump is expected on Thursday to nominate Jerome Powell as the next head of the U.S. Federal Reserve Boar...Nov 02, 2017

Fed keeps interest rates unchanged

ReutersWASHINGTON (Reuters) — The U.S. Federal Reserve Board kept interest rates unchanged on Wednesday and pointed to solid U.S. economic growth and a stren...Nov 02, 2017

Sakakibara seeks U.S. return to TPP

Jiji PressWASHINGTON (Jiji Press) — Japanese business leader Sadayuki Sakakibara said Wednesday he hopes that the United States will rejoin the Trans-Pacific...Nov 02, 2017

New ‘aibo’ model debuts

The Yomiuri ShimbunSony Corp. announced Wednesday that it is scheduled to release a new doglike “aibo” robot on Jan. 11, 2018. As production of the ...Nov 02, 2017

Household spending down 0.3% in Sept.

Jiji Press TOKYO (Jiji Press) — The average consumption spending by households in September fell 0.3 percent from a year before in price-adjusted real terms,...Nov 02, 2017

Housing starts down 2.9% in Sept.

Jiji Press TOKYO (Jiji Press) — Housing starts in Japan dropped 2.9 percent from a year before to 83,128 units in September, down for the third straight mont...Nov 01, 2017

Air Do to suspend 34 flights in Nov.

Jiji Press SAPPORO (Jiji Press) — Air Do, a regional carrier based in Sapporo, Hokkaido, said Tuesday that it has decided to cancel a total of 34 flights on ...Nov 01, 2017

Mizuho mulls cutting housing loan biz

Jiji Press TOKYO (Jiji Press) — Mizuho Financial Group Inc. is discussing plans to terminate its housing loan business in some regions in fiscal 2018 at the ...Nov 01, 2017

Yamada Denki enters EV biz

Jiji Press TOKYO (Jiji Press) — Major electronics retailer Yamada Denki Co. said Tuesday that it has concluded a capital and business tie-up agreement with e...Nov 01, 2017

33 businesses to join rice export project

Jiji Press TOKYO (Jiji Press) — Japan’s agriculture ministry said Tuesday that 33 businesses, including wholesalers and trading houses, have announced thei...Nov 01, 2017

Morgan Stanley to quit pact with rivals

Reuters NEW YORK (Reuters) — Morgan Stanley is quitting a pact it signed with rival securities brokerages over a decade ago agreeing not to sue one another w...Nov 01, 2017

Labor demand gauge stays at 43-year high

Jiji Press TOKYO (Jiji Press) — The ratio of job openings to seekers stood at 1.52 for the third consecutive month in September, the highest level since Febr...Oct 31, 2017

Dollar falls to around ¥113 in Tokyo

The dollar weakened to around ¥113 in Tokyo trading Tuesday, weighed down by uncertainties over the future of the administration of U.S. Preside...Oct 31, 2017

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