Lower house to approve govt budget Monday
February 26, 2017
TOKYO- Japan’s House of Representatives, the lower chamber of parliament, is expected to approve the government’s budget proposal for fiscal 2017, which starts in April, on Monday. The prospect emerged after Yasukazu Hamada, chairman of the Lower House Budget Committee, made
Toshiba to spin off flash memory biz in April
February 26, 2017
TOKYO- Struggling Japanese technology giant Toshiba Corp. decided at a board meeting on Friday to spin off its profitable flash memory business on April 1 to pave the way for its reconstruction. The company will seek approval for the move at
US nixes damages payments over base noise in Japan
February 26, 2017
TOKYO- The United States has rejected shouldering payments of damages ordered in final Japanese court rulings over noise pollution from US warplanes using bases in the Asian country, Japanese government sources told Jiji Press on Thursday. Article 18 of the bilateral
Trump’s address likely to affect Tokyo stocks
February 26, 2017
TOKYO- US President Donald Trump’s congressional speech scheduled for Tuesday is likely to affect the course of Tokyo stocks next week, with investors paying close attention to whether the US leader will unveil details of his economic stimulus measures more than
Workers divided on Premium Friday
February 26, 2017
TOKYO- Corporate workers in Japan were divided in their responses to the start on Friday of the public-private “Premium Friday” campaign encouraging people to leave work early on the last Friday of each month. Daiwa House Industry Co. told employees to
Sony, Mitsui to integrate animation biz
February 24, 2017
TOKYO- Sony Pictures Entertainment (Japan) Inc. and major Japanese trading house Mitsui & Co. said Thursday they will integrate their animation program broadcasting business. Through the integration, the Sony Corp. group company and Mitsui will aim to win program orders from
Abe considering visit to Italy in March
February 24, 2017
TOKYO- Japanese Prime Minister Shinzo Abe is considering visiting Italy as part of a European tour next month, government sources said Thursday. Abe plans to hold talks with his Italian counterpart, Paolo Gentiloni, in Rome to affirm the importance of free
Rengo to accept 100-hour overtime limit during busy season
February 24, 2017
TOKYO- The Japanese Trade Union Confederation, or Rengo, plans to accept the government’s proposal to limit busy-season overtime to 100 hours per month, according to informed sources. Although Rengo has sought a stricter restriction, the largest national trade union center in
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