EconomyLoop
where regional business news becomes global to everyone

Spots showcasing Japanese food planned for Europe as early as next spring

Cool Japan Fund Inc. plans to open showcase spaces in Europe featuring Japanese food as part of a national effort to promote exports of agricultural, ... read more

 Japan Times18 days ago

     
Toyota shuts down production in Australia after half century

Toyota Motor Corp. said Tuesday it has terminated production at its Altona plant near Melbourne, capping 54 years of making cars in Australia amid deteriorating ... read more

 Japan Times18 days ago
Japan farmers market opens at Singapore airport to promote exports

Various Japanese foods are on sale at the newly opened Premium Japan Farmers Market in Singapore's Changi Airport for local consumers and globe-trotting travelers.A gourmet ... read more

 Japan Times18 days ago
New entrants flock to Tokyo’s cutting-edge technology trade show

A robot, remote controlled by motion capture, moves in perfect sync with a person in the distance. A device passes an infrared scan over some ... read more

 Japan Times18 days ago
Toyota ends production in Australia after half a century

After looming for four years, "Carmageddon" has hit the Australian auto industry. Toyota closed its factory in Melbourne on Tuesday, ending 54 years of production by the Japanese…... read more

 Japan Today18 days ago
Japanese food ‘theme parks’ planned for Europe as early as next spring

Cool Japan Fund Inc. plans to open theme parks in Europe featuring Japanese food as part of a national effort to promote exports of agricultural, ... read more

 Japan Times18 days ago
Founder of TSMC, Apple’s top chip supplier, to hand over reins in June

Taiwan Semiconductor Manufacturing Co. founder and Chairman Morris Chang will retire next June, handing the helm of the world's largest producer of made-to-order microchips to ... read more

 Japan Times18 days ago
With 10%-plus interest rates, Japanese fund managers plow cash into Turkey

Turkey has twin deficits, the fastest inflation in almost five years and is at risk of being dragged into another conflict in the Middle East. ... read more

 Japan Times18 days ago
JAL mulls additional Airbus A350s to beef up fleet, increase routes to India and North America

Japan Airlines Co., which bought its first Airbus SE planes four years ago, is considering adding to its pending order of wide-body A350s as it ... read more

 Japan Times18 days ago
Japanese firms struggle to hire as labor shortage worsens

Companies in Japan's service industries are struggling to hire and retain staff as the labor market becomes the tightest in decades, and are increasingly taking unorthodox steps to alleviate the shortage. That... read more

 Asahi Simbun18 days ago
Facebook: 10 million saw divisive, Russia-linked ads before, after election; Democrats want to air some

Facebook says ads that ran on the company's social media platform and have been linked to a Russian internet agency were seen by an estimated ... read more

 Japan Times18 days ago
Flying since 1968, U.K.’s Monarch Airlines goes bust, marooning over 100,000 tourists

Britain's Monarch Airlines collapsed on Monday, causing the cancellation of hundreds of thousands of holidays, after falling victim to intense competition for flights and a ... read more

 Japan Times18 days ago
Equifax admits 2.5 million more Americans may be affected by hack, bringing total to 145.5 million

Credit report company Equifax said Monday that 2.5 million more Americans may have been affected by the massive security breach of its systems, bringing the ... read more

 Japan Times18 days ago
Bain Capital to acquire No. 3 Japanese ad agency Asatsu-DK

U.S. investment fund Bain Capital said Monday that it will acquire Asatsu-DK Inc., the third-largest ad agency in Japan, through a tender offer.Bain Capital plans ... read more

 Japan Times18 days ago
Nissan to recall all new cars sold in Japan in last 3 years

YOKOHAMA--Nissan Motor Co Ltd will recall all 1. 2 million new passenger cars it sold in Japan over the past three years after discovering final vehicle inspections were not performed by authorised technicians,... read more

 Asahi Simbun18 days ago
Uber board seen pursuing reforms, SoftBank stock deal, and to pare ex-CEO’s voting power

Uber Technologies Inc. directors plan to vote Tuesday on board reforms and whether to pursue a major stock deal with SoftBank Group Corp. despite the ... read more

 Japan Times18 days ago
Norway, Japan tap new tech to start large-scale offshore salmon farming

Projects are underway in Norway and Japan to raise salmon in large numbers in big offshore pens, by adopting next-generation aquafarming technology.Offshore farming aims to ... read more

 Japan Times18 days ago
Nissan to recall 1.2 mil. cars

Nissan Motor says it will recall about 1.2 million vehicles that hadn't received pre-shipment inspections by qualified workers at all domestic plants. (NHK)... read more

 News on Japan18 days ago
Monarch collapses in Britan's 'biggest airline failure'

Britain's Monarch Airlines has gone into administration and all flights have been cancelled with 110,000 passengers currently abroad, the Civil Aviation Authority said Monday. "This is the biggest…... read more

 Japan Today18 days ago
Bain reportedly to buy Japanese ad agency Asatsu-DK in $1.2 billion deal

U.S. private equity firm Bain Capital plans to buy Japanese advertising agency Asatsu-DK Inc in a deal that could be worth $1.2 billion or more, a person familiar…... read more

 Japan Today18 days ago
Nissan recalling 1.2 mil cars in Japan

Nissan said Monday it was recalling some 1.2 million cars in Japan that had failed to meet domestic rules on final vehicle inspections. The announcement came after Nissan's…... read more

 Japan Today18 days ago
Nikkei hits two-year high on weaker yen, overseas stock gains

The benchmark Nikkei average reached the highest closing level in more than two years on the Tokyo Stock Exchange Monday, supported by the yen's weakening ... read more

 Japan Times19 days ago
Dollar firmer around ¥113 supported by U.S. long-term interest rates

The dollar rose to around ¥113 in Tokyo trading on Monday, supported by higher U.S. long-term interest rates.At 5 p.m., the dollar stood at ¥112.98-112.98, ... read more

 Japan Times19 days ago
Western Digital’s battle for Toshiba: A tale of threats and culture clashes

Steve Milligan was ready to declare victory. A statement was drafted and a photographer was getting lined up for a handshake ceremony planned in Tokyo. ... read more

 Japan Times19 days ago
Shima Seiki, the Wakayama firm that built a knitting empire, sets its sights on car-parts manufacturing

Building a machine to construct high-end Prada sweaters was just the start.Now Mitsuhiro Shima, who took over his dad's knitting-machine firm three months ago, is ... read more

 Japan Times19 days ago
Nissan’s new Leaf EV will see delayed delivery owing to improper safety inspection

Nissan Motor Co. launched a revamped Leaf electric vehicle Monday, but its delivery to some customers will be delayed due to improper safety inspections carried ... read more

 Japan Times19 days ago
Meal kit delivery services gaining popularity in Japan’s busy households

Meal kit delivery services are not just helping out busy households but also seniors in Japan's increasingly graying society.The selling point is that customers can ... read more

 Japan Times19 days ago
Japan business confidence hits decade high: BOJ

Confidence among Japan's biggest manufacturers has jumped to its highest level in a decade, a key central survey showed on Monday, as the world's number three economy picks…... read more

 Japan Today19 days ago
Parcel delivery, food price hikes to hit Japan on Sun.

Many Japanese companies, including parcel delivery firms and food product makers, will raise prices on Sunday chiefly to cover spiraling material procurement and labor costs. (Jiji)... read more

 News on Japan19 days ago
Taiwan receives first delivery of Japanese beef in 16 years

The first shipment of Japanese beef to Taiwan in 16 years passed through customs in Taipei on Saturday following the lifting of a ban earlier last month. (Japan Times)... read more

 News on Japan19 days ago
Online research firm aims to break Japanese mold with global market quest

Market analysts say Japanese internet firms rarely succeed overseas, and there haven't been many who have proven them wrong so far.But Macromill Inc., Japan's biggest ... read more

 Japan Times19 days ago
Surveys show upbeat economic, investment outlook for Japan

The Bank of Japan's quarterly "tankan" survey shows an improved outlook for the world's third-largest economy. The survey released Monday indicated growing shortages of factory capacity that could drive... read more

 Asahi Simbun19 days ago
Zuckerberg post marks end of Yom Kippur, seeks forgiveness for divisions caused by his work

Facebook Inc. founder and Chief Executive Mark Zuckerberg asked for forgiveness for ways his work was used to divide people in a Facebook posting marking ... read more

 Japan Times19 days ago
Nation’s business confidence hits decade high: Bank of Japan

Confidence among Japan's biggest manufacturers has jumped to its highest level in a decade, a key central bank survey showed Monday, as the world's number ... read more

 Japan Times19 days ago
Honda to start mass recall in China over Takata air bags

Honda will recall more than 245,000 vehicles in China over concerns about air bags made by troubled Japanese giant Takata, Chinese authorities said Sunday, dealing ... read more

 Japan Times19 days ago
Unions, Catalan associations call for regional Tuesday strike in wake of referendum crackdown

More than 40 unions and Catalan associations called a regionwide strike for Tuesday, after a major police crackdown on a banned independence referendum.In a statement ... read more

 Japan Times19 days ago
Britain caught in crossfire, says it will fight to protect jobs amid Boeing-Bombardier row

Britain, caught in the crossfire of a damaging trade dispute between plane makers Boeing and Bombardier, said on Sunday it would fight its corner to ... read more

 Japan Times19 days ago
Panasonic offers free beauty care while promoting its appliances

Panasonic Corp. is putting its beauty appliances where its mouth is and offering services for free at a new salon in Tokyo’s upscale Ginza district. The electronics giant hopes to lure fashion-conscious... read more

 Asahi Simbun19 days ago
Taiwanese electric scooter maker Gogoro plans to ride into Japanese market

Taiwanese electric scooter maker Gogoro plans to enter Japan and offer its battery sharing infrastructure to automakers in the country, a top Gogoro official said, apart from competing…... read more

 Japan Today19 days ago
Macau casino scion rolls dice on Japan venture

Casino magnate Lawrence Ho -- son of Macau gaming legend Stanley Ho -- is eyeing a major foray into Japan as he seeks to broaden his family's reach…... read more

 Japan Today19 days ago
Honda to start mass recall in China over Takata air bags

Honda will recall more than 245,000 vehicles in China over concerns about air bags made by troubled Japanese giant Takata, Chinese authorities said Sunday, dealing another blow to…... read more

 Japan Today19 days ago
Advice to foreign biz leaders: ‘Dive full in’

Macromill was founded by Tetsuya Sugimoto in 2000 and has grown into a major online research firm. Scott Ernst became CEO of Macromill in October ... read more

 Japan Times20 days ago
Macau casino scion Ho rolls dice on Japan’s foray into gambling

Casino magnate Lawrence Ho _ son of Macau gaming legend Stanley Ho _ is eyeing a major foray into Japan as he seeks to broaden ... read more

 Japan Times20 days ago
Taiwan receives first delivery of Japanese beef in 16 years

The first shipment of Japanese beef to Taiwan in 16 years passed through customs in Taipei on Saturday following the lifting of a ban earlier ... read more

 Japan Times20 days ago
Japanese consumers hit by round of price hikes across many industries

Delivery, food and many other companies raised prices Sunday to cover spiraling materials and labor costs.Although some of the markups will be made in the ... read more

 Japan Times20 days ago
Ireland hopes to boost exports under Japan-EU trade agreement

Ireland hopes to boost exports to Japan under an economic partnership pact the European Union and Japan reached a broad agreement on in July, Irish ... read more

 Japan Times20 days ago
Trying to steer Facebook in the correct direction

Years of limited oversight and unchecked growth have turned Facebook into a force with incredible power over the lives of its 2 billion users. But ... read more

 Japan Times20 days ago
Conveyor sushi merger driven by need to bulk up as costs soar

With higher costs weighing on the conveyor-belt sushi restaurant industry, Akindo Sushiro and Genki Sushi aim through their merger to leverage greater scale to negotiate better prices for quality fish. (Nikkei)... read more

 News on Japan20 days ago
Workers at 37 firms building Tokyo’s new National Stadium found to have racked up illegal overtime

Illegal overtime has been found at 37 of the 762 companies involved in the construction of the new National Stadium in Tokyo, the labor ministry’s Tokyo Labor Bureau has said. (Japan Times)... read more

 News on Japan20 days ago
Japan's Cosmo Oil to boost diesel output to meet demand from ships from 2020

Japan’s Cosmo Oil plans to increase diesel output at its Sakai refinery in Osaka, looking to capitalize on an expected jump in demand when a global mandate for…... read more

 Japan Today20 days ago