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Japan's third-quarter GDP growth weaker than expected

Dec 8, 2016

Japan's third-quarter GDP growth weaker than expected

Japan’s third-quarter GDP was weaker than expected with a 0.3 percent expansion, revised data showed Thursday, as slack corporate spending held back the world’s No. 3 economy. The latest figures were lower than an initial estimate of 0.5 percent growth in the July to ...

Japan's early flu season sparking surge in humidifier sales

Dec 8, 2016

Japan's early flu season sparking surge in humidifier sales

Sales of humidifiers are on the increase in Japan, where the influenza season has begun earlier than usual, prompting makers to increase production. According to the Japanese operations of global market research company GfK, sales of humidifiers in November in Japan increased by more ...

Japan Inc. feeling the squeeze to attract, nurture skilled IT workers

Dec 8, 2016

Japan Inc. feeling the squeeze to attract, nurture skilled IT workers

Competition for talented information technology experts is intensifying in Japan’s job-hopping market amid advances in the Fourth Industrial Revolution. Demand for competent IT workers is growing rapidly from non-IT companies in the face of an expanding need for adaptation to the so-called internet of ...

Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs

Dec 7, 2016

Son meets Trump, plans $50 billion U.S. investment, 50,000 jobs

Billionaire business tycoon Masayoshi Son said on Tuesday he would invest $50 billion in the United States and create 50,000 new jobs, a move President-elect Donald Trump claimed was a direct result of his election win. The investment revived speculation that U.S. telecoms giant ...

BOJ deputy Iwata says no shift away from asset purchases

Dec 7, 2016

BOJ deputy Iwata says no shift away from asset purchases

Bank of Japan Deputy Gov. Kikuo Iwata said the central bank hasn’t shifted its focus away from expanding the monetary base as it seeks to reach its inflation target. Iwata stressed that the BOJ will continue its large-scale asset purchases after it introduced a ...

Idemitsu Kosan, Showa Shell mull tie-up prior to merger

Dec 7, 2016

Idemitsu Kosan, Showa Shell mull tie-up prior to merger

Oil distributors Idemitsu Kosan Co. and Showa Shell Sekiyu K.K. are in talks for a capital and business tie-up ahead of their planned merger, sources close to the matter said Wednesday. They are considering taking an estimated 20 percent stake in each other and ...