EconomyLoop
where regional business news becomes global to everyone

Manga cafes and capsule hotels shift focus to female-friendly features

Japan's manga cafes and capsule hotels are generally considered the domains of men, with cramped, dark spaces not particularly alluring to female customers.But with businesses ... read more

 Japan Times3 hours ago

     
New York Set to Acquire the Next Generation of Subway Cars

NEW YORK--The agency that runs New York City’s troubled subway said Friday that it plans to spend close to $4 billion to buy more than 1,000 new train cars to modernize an aging fleet, a major investment... read more

 Asahi Simbun3 hours ago
Yahoo Japan defamed man by displaying false search results: Tokyo High Court

The Tokyo High Court has ruled that Yahoo Japan Co. defamed a man and has ordered that it delete 11 search results that associate his name with criminal behavior, sources have confirmed. (Japan Times)... read more

 News on Japan12 hours ago
Tighter rules making Japanese wineries review product indications

Some Japanese wineries are moving to change their product indications containing geographical names ahead of the planned tightening of place-of-origin rules aimed at preventing consumers' misunderstanding amid the rising reputation of domestic wines.... read more

 News on Japan12 hours ago
Coke aims to recycle a bottle for each it sells by 2030

Coca-Cola announced long-term recycling goals Friday, including attempting to recycle a bottle or can for every beverage it sells by 2030. The soda maker and other consumer products…... read more

 Japan Today13 hours ago
Cruise ship boom generating new tour services in Japan

Japanese ports have been bustling with foreign cruise ships and passengers amid robust demand that has prompted the development of new tour services combining ocean ... read more

 Japan TimesYesterday
Trump administration says U.S. mistakenly backed China WTO accession in 2001

The United States mistakenly supported China's membership in the World Trade Organization in 2001 on terms that have failed to force Beijing to open its ... read more

 Japan TimesYesterday
Facebook to let users rank ‘trust’ in news sources

Facebook announced Friday it will ask its 2 billion users to rank their trust in news sources, in its latest attempt to combat the spread ... read more

 Japan TimesYesterday
Amazon raises monthly Prime membership fees by 20 percent

Amazon is raising the price of its Prime membership monthly plan by nearly 20 percent. The fee of $99 for an annual membership will not change, the company…... read more

 Japan TodayYesterday
Tokyo stocks turn moderately higher as traders buy on dips

Stocks rebounded moderately on the Tokyo Stock Exchange on Friday, supported by buying on dips.The 225-issue Nikkei average rose 44.69 points, or 0.19 percent, to ... read more

 Japan TimesYesterday
Dollar falls back below ¥111 in Tokyo trading on looming U.S. government shutdown

The dollar fell back below ¥111 in Tokyo trading on Friday amid concerns about a possible U.S. government shutdown, with Congress facing difficulty enacting a ... read more

 Japan TimesYesterday
Tokyo lifts economic view as Japan’s consumption picks up

The government upgraded its assessment of the economy for the first time in seven months in a monthly report released Friday, citing a pickup in ... read more

 Japan Times2 days ago
Fukushima to scale back rice radiation checks

Fukushima Prefectural Government plans to scale back radiation checks on rice harvested in the prefecture, officials said Thursday.The prefectural government is considering switching to sample ... read more

 Japan Times2 days ago
Diet debates to feature bills related to labor reform

Legislation related to labor reform is expected to be a focus of debate during a 150-day ordinary session of the Diet set to begin Monday.The ... read more

 Japan Times2 days ago
Despite jumpy market, Bank of Japan watchers don’t expect a policy change anytime soon

Economists who follow the Bank of Japan aren't buying the idea that the central bank is nearing the point where it will begin to normalize ... read more

 Japan Times2 days ago
SoftBank-led group completes acquisition of Uber stock worth $9.3 billion

The completion of SoftBank Group Corp.'s deal with Uber Technologies Inc. has triggered a slate of governance reforms at the ride-hailing company.Uber shareholders sold holdings ... read more

 Japan Times2 days ago
Memories of Tohoku tsunami prompt man to create floating car

Hideo Tsurumaki watched the giant tsunami crash onto Japan's northeast coast on March 11, 2011, sweeping away cars as people trying to escape from them.As ... read more

 Japan Times2 days ago
Researchers uncover vast spying operation using infected messaging apps

An espionage campaign using malware-infected messaging apps has been stealing smartphone data from activists, soldiers, lawyers, journalists and others in more than 20 countries, researchers ... read more

 Japan Times2 days ago
14 automakers list more models in Takata recall

U.S. safety regulators have released models from 14 different automakers that are being recalled to replace potentially deadly Takata air bag inflators.Documents posted Thursday by ... read more

 Japan Times2 days ago
Amazon shortlists 20 cities, including Toronto, for second HQ

Amazon.com Inc. has short-listed 20 cities and regions, including Toronto, for the construction of a second headquarters that it says will generate 50,000 new, high-paying ... read more

 Japan Times2 days ago
Luggage limbo: Bags still missing after JFK airport weather woes

Newlywed Ziad Dallal and his wife arrived home in New York, with wedding keepsakes in their bags, to find John F. Kennedy International Airport paralyzed ... read more

 Japan Times2 days ago
Emirates hands A380 superjumbo lifeline with $16 billion Airbus order

Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's ... read more

 Japan Times2 days ago
Virtual currency fundraising can be hit or miss due to fraud risk

Fund-raising using digital currency is spreading among start-up companies both in Japan and abroad, but the Financial Services Agency has warned investors could easily be fleeced. These "initial coin offerings"... read more

 Asahi Simbun2 days ago
Politics in China weighs heavily on business

Politics weighs more heavily on foreign companies in China than it has in nearly three decades. The latest flashpoint was Beijing's fury last week at hotel keeper Marriott…... read more

 Japan Today2 days ago
Japan in driver's seat for Indian bullet train deals

Japanese steel and engineering companies are in the driver's seat to bag major supply contracts for a $17 billion Indian bullet train, several sources said, undermining a key…... read more

 Japan Today2 days ago
SoftBank's acquisition of 15% of Uber closes

Japanese technology conglomerate SoftBank says it has closed a deal to acquire 15% of Uber. As part of the deal, investors led by SoftBank Group Corp. and Dragoneer…... read more

 Japan Today2 days ago
Profit-taking pulls Tokyo stocks down further after Nikkei tests 24,000

Stocks lost further ground Thursday on the Tokyo Stock Exchange as selling to lock in profits ensued after a morning surge pushed the benchmark 225-issue ... read more

 Japan Times2 days ago
Japanese companies in driver’s seat for Indian bullet train deals

Japanese steel and engineering companies are in the driver's seat to bag major supply contracts for a $17 billion (around ¥1.8 trillion) Indian bullet train, ... read more

 Japan Times2 days ago
Dollar tops ¥111 in Tokyo after rosy Beige Book report from U.S.

The dollar jumped above ¥111 in Tokyo trading on Thursday, backed by optimistic views about the U.S. economy shown in a Federal Reserve report released ... read more

 Japan Times3 days ago
Deadly fugu fish mix-up prompts emergency warning

A Japanese city has activated an emergency warning system to alert residents to avoid eating locally purchased blowfish, after a mix-up saw toxic parts of the delicacy go on sale. (Japan Today)... read more

 News on Japan3 days ago
Japan’s NTT Communications expanding data center capacity in Malaysia

NTT Communications Corp. has launched a refurbished data center in Malaysia, equipping it with additional facilities and boosting its capacity by about 40 percent to ... read more

 Japan Times3 days ago
BOJ Gov. Haruhiko Kuroda’s chances good for second term, LDP official says

Haruhiko Kuroda has a "good chance" to be re-appointed for a second term as Bank of Japan's governor, according to a senior official of Prime ... read more

 Japan Times3 days ago
Nestle cooks up new ruby chocolate for launch in Kit Kat-crazed Japan

Nestle SA will sweeten Japan's Valentine's Day with ruby chocolate Kit Kats, choosing one of the world's most candy-obsessed markets for the debut of the ... read more

 Japan Times3 days ago
Troubled Toshiba plans to eliminate negative net worth by selling Westinghouse claims to U.S. hedge fund

Toshiba Corp. said Thursday it is set to eliminate its negative net worth and improve its finances by some ¥410 billion ($3.68 billion) after agreeing ... read more

 Japan Times3 days ago
U.S. firm Cloud Peak to produce coal to new power plants in Fukushima

Cloud Peak Energy Inc. will supply coal to two state-of-the-art thermal power plants being built in Fukushima Prefecture.The U.S. firm will begin supplying the fuel ... read more

 Japan Times3 days ago
Strong wage growth key to beating deflation, Japanese government says in report before corporate wage talks

Japan has entered a new phase in its fight against deflation, but stronger wage growth and improved productivity are needed if the economy is to ... read more

 Japan Times3 days ago
In the auto world, car-crazy women still battle to crack old boys’ club

The auto industry is famously male-dominated, forcing women in the field to fight sexism, discrimination and unequal pay — though female car experts say having ... read more

 Japan Times3 days ago
S. Korea mulls shutdown of cryptocurrency exchanges

SEOUL--South Korean policymakers joined the global chorus of virtual-coin critics on Thursday, saying Seoul is considering shutting down domestic virtual currency exchanges as the new breed of market exposes... read more

 Asahi Simbun3 days ago
Twitter may notify users exposed to Russian propaganda during 2016 election

Twitter may notify users whether they were exposed to content generated by a suspected Russian propaganda service, a company executive told U.S. lawmakers on Wednesday.The ... read more

 Japan Times3 days ago
Trump assault on nuclear deal has thrown Airbus deals into doubt, Iran says

Iran warned Wednesday that its multi-billion dollar deals for Airbus planes had been thrown into doubt by U.S. President Donald Trump's attacks on the nuclear ... read more

 Japan Times3 days ago
EV-based power grid planned for more stable distribution

Trading company Toyota Tsusho Corp. plans to plug electric vehicles (EVs) into the power distribution network, thereby supplying stored electricity to the power grid and creating a more stable system. EVs... read more

 Asahi Simbun3 days ago
Recruit Holdings to team with Airbnb

Japan's Recruit Holdings says it will team up with Airbnb, the leading US tourist accommodation platform, to offer rental housing for travelers in Japan. (NHK)... read more

 News on Japan3 days ago
NTT Docomo to start QR code payment

Major Japanese mobile carrier NTT Docomo says its subscribers will be able to pay at stores using a QR code. (NHK)... read more

 News on Japan3 days ago
Concept cars from Japan automakers offer glimpse into future

Japanese vehicle brands are exploring new design ideas — and figuring out what sets them apart from their U.S. and European rivals — with new prototype vehicles. Nissan,…... read more

 Japan Today3 days ago
Uniqlo to open first store in Sweden in fall

Uniqlo, the Japanese global apparel retailer, on Wednesday announced plans to open its first store in the Swedish market in the fall. Located in the heart of the…... read more

 Japan Today3 days ago
Florida driver died because of faulty Takata air bag, report says

A Florida woman died because a faulty air bag ruptured and fired shrapnel into her head during a crash she should have survived, a report released Wednesday by…... read more

 Japan Today3 days ago
Apple to pay $38 billion in U.S. taxes on foreign cash, open new American campus

Apple Inc. on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. ... read more

 Japan Times3 days ago
Flag fragment from Nelson’s HMS Victory fetches £297,000 at Sotheby’s

Sotheby's auction house says a fragment of the red, white and blue "Victory Jack" flag that flew from Adm. Horatio Nelson's flagship during the Battle ... read more

 Japan Times3 days ago
Transport Minister Keiichi Ishii sees opportunities for Japanese firms in U.S. infrastructure investment

Transport minister Keiichi Ishii expressed hope on Tuesday that the $1 trillion infrastructure investment project being kicked off by U.S. President Donald Trump's administration will ... read more

 Japan Times3 days ago
Dollar erases losses to move around ¥110.80 in late Tokyo trading

The dollar recouped early losses to trade around ¥110.80 in Tokyo trading late Wednesday, attracting buybacks after Tokyo stocks showed some resilience.At 5 p.m., the ... read more

 Japan Times3 days ago