Toyota revises up annual earnings outlook
August 5, 2017
TOKYO- Toyota Motor Corp. on Friday revised up its group earnings estimates for the year ending in March 2018 on the back of a weaker yen, cost cuts and sales efforts. The leading Japanese automaker raised its net profit forecast to 1.75
Abe faces host of economic challenges
August 4, 2017
TOKYO- Japanese Prime Minister Shinzo Abe still faces a host of tough economic challenges after he shuffled his cabinet on Thursday. He needs to redouble efforts to spread benefits from the economic recovery across the country, create new growth industries
Fire burns 7 buildings in Tsukiji outer market
August 4, 2017
TOKYO- A fire broke out at the outer market of the famed Tsukiji fish market in Tokyo’s Chuo Ward on Thursday, affecting seven buildings covering 935 square meters. No one was injured and nobody is unaccounted for, the Tokyo Fire
BOJ to link system with foreign central bank for 1st time
August 4, 2017
TOKYO- The Bank of Japan and the Hong Kong central bank plan to link their settlement systems, informed sources said Thursday. If realized, it will be the first time for the BOJ to link its financial network system, called BOJ-Net,
New foreign minister attracts attention in South Korea, China
August 4, 2017
SEOUL/BEIJING- The appointment of Taro Kono as Japanese foreign minister on Thursday attracted immediate attention from South Korean and Chinese media. Media in both countries reported that he is the eldest son of dovish politician Yohei Kono. Yohei Kono as
LDP, DP to hold Diet talks over scandal
August 4, 2017
TOKYO- The ruling Liberal Democratic Party and the main opposition Democratic Party agreed Friday to hold off-session deliberations in the Diet, Japan’s parliament, on Thursday to discuss allegations of a cover-up of daily logs on Ground Self-Defense Force troop operations
Toyota, Mazda to form capital tie-up, build joint factory in US
August 4, 2017
TOKYO- Toyota Motor Corp. and Mazda Motor Corp. said Friday that they have agreed to form a capital tie-up and promote joint development of electric vehicle and other leading technologies while building a joint assembly plant in the United States.
No time frame for amending Constitution
August 4, 2017
TOKYO- Japanese Prime Minister Shinzo Abe said Thursday that there should be no predetermined time frame for his long-cherished goal of amending the country’s constitution, which was drawn up during the US occupation that followed the end of World War
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