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METI hopes 'Wonder 500' will catch on overseas

Aug 27, 2015

METI hopes 'Wonder 500' will catch on overseas

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The industry ministry Thursday unveiled 500 undiscovered fine goods from rural areas that they will target for overseas promotion. Japan’s regional areas have many specialities created by small firms that have the potential to become popular overseas. But it is difficult for them to ...

| Aug 27, 2015

Tokyo stocks rise further on U.S. rally

Stocks rose further on the Tokyo Stock Exchange Thursday, supported by an overnight rebound in U.S. equities. The 225-issue Nikkei average gained 197.61 points, or 1.08 percent, from Wednesday to close at 18,574.44. On Wednesday, the key market gauge shot up 570.13 points. The ...

Aug 27, 2015

Amazon to launch video streaming services in Japan next month

Amazon.com Inc. will launch video streaming services in Japan in September, its Japanese arm said Thursday. The Prime Video services will allow subscribers to watch Japanese and U.S. movies, television programs and animations via smartphones and tablet computers. The services will be available for ...

Aug 26, 2015

Panasonic to shut down battery factory in Beijing

Panasonic Corp. will close a lithium-ion battery factory in Beijing due to deteriorating profitability amid stiff competition with South Korean rivals, sources close to the matter said Wednesday. The major Japanese electronics-maker will end production later this month at the earliest and lay off ...

Aug 26, 2015

Japan fiscal 2016 budget requests to hit record ¥102 trillion

Budget requests by Japan’s central government offices for the new fiscal year from next April are set to total a record ¥102 trillion ($853 billion), due primarily to social security spending growth in a rapidly aging society, government sources said Tuesday. The requests for ...