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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
Japan should aim to reach a free-trade agreement with the European Union next year or risk undermining EU interest in a deal, the 28-nation bloc’s chief negotiator warned. Mauro Petriccione said an EU-Japan FTA could be struck within months after 2½ years of talks if Prime Minister Shinzo Abe commits ...
Tokyo Electric Power Co., operator of the disaster-struck Fukushima No. 1 nuclear power plant, expects to post a profit next year even if unable to restart any reactors, according to a plan given to its creditor banks. Tepco will likely turn a profit for the fourth straight year due to ...
Toshiba Corp. is considering spinning off its mainstay flash memory chip business as a separate company to allow it to raise funds on its own, sources said Thursday. The move, aimed at strengthening one of its core operations, comes as the scandal-tainted Japanese industrial conglomerate is drawing up broad restructuring ...
The United States and Cuba have struck a deal to allow as many as 110 regular airline flights a day, allowing a surge of American travel to Cuba that could eventually flood the island with hundreds of thousands more U.S. visitors a year, officials said Thursday on the anniversary of ...
TOKYO — The Japanese government plans to double the tourism agency's budget for fiscal 2016 to step up efforts to attract more foreign tourists, sources familiar with the matter said Thursday.
The nation’s trade balance narrowed last month, but exports fell again, official data showed Thursday. The slump was acute regarding shipments to China. The disappointing export figures underscore concerns about China’s growth, despite signs of a modest pickup in the Japanese economy. The finance ministry said the trade deficit in ...
The government plans to double the tourism agency’s budget for fiscal 2016 to step up efforts to attract more foreign tourists, sources familiar with the matter said Thursday. The Japan Tourism Agency will get more than ¥20 billion ($163 million) for the year starting in April, double the amount of ...
Home electronics chain Bic Camera Inc. said Thursday it will set up a joint venture with Japan Airport Terminal Co. to enhance the sale of tax-free products to foreign travelers. The agreement will combine Bic Camera’s distribution networks with the experience of Japan Airport Terminal, which operates duty-free shops at ...
A struggling Sharp Corp. has reached a crossroads as it will soon need to decide what to do with its signature LCD business. Media outlets recently reported that Innovation Network Corporation of Japan (INCJ), a government-backed fund, is trying to talk Sharp into splitting off its money-losing LCD division and ...
In Asia, Japan may have the most to gain from the first U.S. interest rate hike since June 2006, as it facilities Japanese exports. The post U.S. exit from zero rate policy positive for Japan: ministers appeared first on The Japan Times.
The dollar stayed solid around ¥122.50 in Tokyo trading on Thursday, powered by the U.S. Federal Reserve’s hiking of interest rates. At 5 p.m., the dollar was at ¥122.42-42, up from ¥121.92-92 at the same time Wednesday. The euro was at $1.0855-0855, down from $1.0939-0940, and at ¥132.90-90, down from ...
British lawmakers on Wednesday voted in favor of allowing fracking under national parks, despite earlier promises of a ban. Legislators voted by 298 to 261 in favor of extending legislation to permit fracking 1,200 meters below national parks, areas of outstanding natural beauty and world heritage sites with drilling taking ...
The United States appears on the brink of ending a four-decade ban on most exports of crude oil, which would end a years-long fight brought about by a boom in domestic shale output that contributed to a supply glut and depressed prices. The measure is part of a sprawling deal ...
The closure of Britain’s last coal mine on Friday in a misty corner of Yorkshire brings to an end a proud history of industrial boom and social struggle. “Britain’s best miners work at Kellingley,” reads a sign outside the colliery in northern England in a community that is dreading the ...
Stocks rose sharply on the Tokyo Stock Exchange on Thursday, backed by brisk purchases after a U.S. interest rate increase led to a surge on Wall Street and a weaker yen. The Nikkei average shot up 303.65 points, or 1.59 percent, to end at 19,353.56. On Wednesday, the it surged ...
The European Union on Wednesday adopted new rules on plane tracking, which could prove key to preventing a repeat of the disappearance of flight MH370 in March 2014. “The new rules will improve the tracking of European aircraft and the location of an aircraft in distress anywhere in the world,” ...
Yamaha Motor Co. may beat its profit forecasts if emerging markets hold up better than expected, according to Chief Executive Officer Hiroyuki Yanagi, speaking ahead of Wednesday’s interest rate hike in the United States. The motorcycle and boat manufacturer may achieve an operating profit margin of 10 percent in the ...
A working group under the Financial System Council has compiled a draft proposal on regulations for virtual currencies that are traded on the Internet, informed sources said Wednesday. It calls for the mandatory registration of operators of virtual currency exchanges with the Financial Services Agency, the sources said. This is ...
Toyota Motor Corp. said Wednesday it and its subsidiaries, minicar maker Daihatsu Motor Co. and truck maker Hino Motors Ltd., are targeting global sales of 10.11 million vehicles in 2016. This is little advance on the 10.10 million forecast for this year. The group expects sales in emerging markets to ...
California unveiled precedent-setting draft rules Wednesday that would slow the public’s access to self-driving cars of the future until regulators are confident the technology is safe. That cautious approach requires that the cars have a steering wheel, and a licensed driver must be ready to take over if the machine ...
The Federal Reserve is raising interest rates after seven years of record lows. But it’s signaling that further rate hikes will likely be made slowly as the economy strengthens further and muted inflation rises. The Fed’s move Wednesday to lift its key rate by a quarter-point to a range of ...