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Vai alla Scheda Paese »That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
Toshiba Corp. said Tuesday it had overstated profits by ¥5.8 billion from fiscal 2010, an additional finding in a massive accounting scandal that has forced the company to restructure its businesses. Toshiba also said it will release its business plan for fiscal 2016 starting next month on Friday. The Japanese ...
Toyota Motor Corp. and its labor union are expected to settle on a pay-scale hike of ¥1,500 per month in this year’s shunto spring wage negotiations — half the level demanded by the union side, sources said Tuesday. Still, Toyota management is expected to fully meet the union’s request for ...
The Bank of Japan downgrades its assessment of the economy, but holds its fire on further monetary easing. The post Kuroda refrains from changing stimulus as Japan gauges negative rate impact appeared first on The Japan Times.
The dollar dropped below ¥113.50 in Tokyo trading on Tuesday, weighed down by the downbeat Japanese stock market and a fall in crude oil prices following the Bank of Japan’s decision not to ease its monetary policy further. At 5 p.m., the dollar stood at ¥113.05-05, down from ¥113.76-76 at ...
Stocks snapped their three-session winning streak on the Tokyo Stock Exchange Tuesday, pressured by profit-taking and some selling in disappointment after the Bank of Japan decided against additional monetary easing measures. The 225-issue Nikkei average lost 116.68 points, or 0.68 percent, to end at 17,117.07. On Monday, the key market ...
Toyota Motor Corp. and two other Japanese companies said they will operate forklifts using hydrogen produced using renewable technology in a test program starting this autumn. It will be the first industrial use of hydrogen in Japan, the companies said Monday. The two other firms are Toshiba Corp. and Iwatani ...
Nomura Holdings Inc. will raise salaries for staff at its Japanese brokerage for a third year. Base pay for about 3,700 employees at the Nomura Securities Co. unit will climb an average 2 percent starting in April, Kenji Yamashita, a spokesman for the Tokyo-based firm, said Monday by phone. The ...
Industrial production in Japan rose 3.7 percent in January from the previous month, the Ministry of Economy, Trade and Industry said in a revised report Tuesday, unchanged from a preliminary reading. The seasonally adjusted production index for the manufacturing and mining sectors stood at 99.8 against the 2010 base of ...
Sony said Tuesday it will pay Michael Jackson’s estate $750 million for the late pop star’s share of a music venture that owns the rights to songs by some of the biggest names in music history. The deal will see the Japanese firm pick up Jackson’s 50 percent stake in ...
The European Bank for Reconstruction and Development has opened a new representative office in Tokyo to boost ties with Japanese firms and attract private-sector investment to regions it supports. “I do believe we can do a lot more together with our Japanese friends,” EBRD President Suma Chakrabarti said at the ...
Sony said Monday its Internet-based television service aimed at luring consumers away from cable subscriptions was being expanded to the entire U.S. market. The PlayStation Vue will offer streamlined “bundles” for as little as $30 a month without long-term contracts. The network, launched in a handful of U.S. cities a ...
The nation’s negative interest rates are boosting demand for gold, according to its biggest bullion retailer. International prices have rallied 18 percent this year as investors seek a haven from financial market turmoil. For individual investors, the Bank of Japan’s surprise move in January is adding to gold’s allure, according ...
A Japanese executive who became infatuated with Latin America while visiting as a student is striving to promote travel and business ties between his home country and the region, after founding a Tokyo-based company to achieve his goal. Takeshi Nishigawa, 27, president of Tokyo Divertido Inc., traveled the world as ...
The market for toothpastes, shampoos and other items for daily use is expanding, reflecting increased demand for high-end products and purchases for personal, rather than family, use. Sales of toothpaste totaled ¥113.6 billion in 2014, up about 10 percent from the previous year, according to Euromonitor International Ltd., a London-based ...
Major Japanese trading houses are expanding their operations in Myanmar ahead of the incoming government lead by Aung San Suu Kyi at the end of this month. Mitsui & Co. and Marubeni Corp. both have launched projects to produce agricultural fertilizers locally, while Mitsubishi Corp., Itochu Corp. and Sumitomo Corp. ...
Japan central bank downgrades view of economy but keeps policy steady
Myanmar’s already cluttered airline industry could be about to welcome another carrier into its ranks.
Toshiba Corp. is close to agreeing the sale of its white goods business to Chinese home appliance manufacturer Midea Group, sources said Tuesday. Toshiba is likely to sell a majority stake in its Toshiba Lifestyle Products & Services subsidiary for tens of billions of yen, according to the sources. Midea ...
Hackers using tactics and tools previously associated with Chinese government-supported computer network intrusions have joined the booming cybercrime industry of ransomware, four security firms that investigated attacks on U.S. companies said. Ransomware, which involves encrypting a target’s computer files and then demanding payment to unlock them, has generally been considered ...
Volkswagen deleted documents and obstructed justice after the U.S. Environmental Protection Agency accused the company of cheating on emissions tests, a former employee alleged in a lawsuit. Daniel Donovan says in a whistle-blower case that he was wrongfully fired last Dec. 6 after refusing to participate in the deletions and ...
Employers stepped up hiring in 30 states in January, led by big gains in Florida, Texas and North Carolina, while 20 states shed jobs. The unemployment rate fell in 28 states, rose in eight and was unchanged in 14. The unemployment rate doesn’t always decline even when more hiring occurs, ...