Department Store in Nagoya Ends 400-Year History
July 2, 2018
Nagoya- Maruei Department Store Co. in Nagoya, Aichi Prefecture, closed its doors on Saturday, ending its 403-year history that started as a kimono shop in 1615. The kimono retailer became Maruei in 1943. The department store in the central Japan
2nd Muji Hotel Opens in Beijing
July 1, 2018
Beijing- Japan’s Ryohin Keikaku Co., the operator of Muji brand household goods stores, opened the second hotel under the brand in downtown Beijing on Saturday jointly with a unit of Odakyu Electric Railway Co.. The Muji Hotel Beijing is located
Peso rallies to P53.34:$1, stocks gain
June 30, 2018
The Philippine peso rallied against the US dollar on Friday, closing around 17 centavos higher than the previous day. It closed at P53.34 after hitting a low of P53.50. On Thursday, the peso closed at P53.515. Last week, the Monetary
Sharp Cancels Public Offering after Stock Price Fall
June 29, 2018
Tokyo- Sharp Corp. said Friday that it has decided to cancel its plan to publicly offer new shares worth up to 216.2 billion yen in July. “The degree of instability of the stock market has increased due to trade friction
Short-Body MRJ to Be Launched in Late 2021
June 29, 2018
Moses Lake, Washington- Mitsubishi Aircraft Corp. said Thursday that it plans to launch a short-body version of its Mitsubishi Regional Jet with 70 passenger seats in late 2021 at the earliest. The subsidiary of Mitsubishi Heavy Industries Ltd. judged that
Suzuki Aims for Sales of 5 M. Units in India in 2030
June 28, 2018
Tokyo, June 28 (Jiji Press)–Suzuki Motor Corp. Chairman Osamu Suzuki said Thursday that the company will accelerate efforts to boost annual sales of its vehicles in India to five million units by 2030. At a general shareholders’ meeting held in the
Over 700 Firms Hold Shareholders’ Meetings on Peak Day
June 28, 2018
Tokyo- Marking the peak day of this season for general shareholders’ meetings in Japan, 725 companies listed on the Tokyo Stock Exchange held such events on Thursday, according to the TSE. They account for 31 pct of the TSE-listed companies
Peso at P53.515:$1, stock index down
June 28, 2018
The Philippine peso neared a 12-year-low against the US dollar as it closed at P53.515 on Thursday from P53.475 on the previous day. The currency opened at P53.50 against the dollar and hit a low of P53.545, which is short
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