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Japan Times
BUSINESS / Companies
Nov 25, 2019

China dairy giant Mengniu buying Kirin's Australia assets for $419 million

China Mengniu Dairy Co. has agreed to buy Kirin Holdings Co.'s Australian beverage unit Lion Dairy & Drinks for about ¥45.6 billion, the Chinese dairy giant's latest foray into the continent.
Japan Times
BUSINESS / Companies
Nov 25, 2019

Novartis agrees to buy Medicines Co. in $6.8 billion deal targeting promising cholesterol drug

Novartis AG agreed to buy Medicines Co. for an equity value of about $6.8 billion, snapping up a promising cholesterol drug and adding to a string of acquisitions for Chief Executive Officer Vas Narasimhan.
Japan Times
BUSINESS
Nov 24, 2019

Kuroda talks up shift to fiscal firepower as BOJ reaches its limits

Bank of Japan Gov. Haruhiko Kuroda's role as the prime focus for efforts to revive the world's third-largest economy is coming to an end.
BUSINESS / Economy
Nov 23, 2019

Low interest rates, high credit costs push Japanese regional banks into deeper financial woes

Regional banks nationwide fell into deeper financial difficulty in their fiscal first half due to prolonged low interest rates and higher credit costs.
Japan Times
COMMENTARY / Japan
Nov 22, 2019

Japan and India — a special relationship

As the world's economic center of gravity shifts to Asia, it increasingly falls to these two countries to take up the baton to champion freedom, inclusivity, trade and other liberal values.
Japan Times
WORLD / Crime & Legal
Nov 22, 2019

Three-quarters of U.S. kids killed in mass shootings were victims of domestic violence, study says

Three-quarters of U.S. children and teenagers killed in mass shootings over the past decade were victims of domestic violence and generally died in their homes, according to a study released on Thursday by the gun control group Everytown.
Japan Times
BUSINESS
Nov 22, 2019

Propane shortage looms as strike at Canada's biggest railroad enters third day

Shippers scrambled to shift freight onto trucks on Thursday as a strike at Canada's biggest railroad, Canadian National Railway Co., entered its third day and left the critical fuel propane and other goods stranded.
BUSINESS
Nov 21, 2019

Japan's ruling bloc calls for ¥10 trillion to boost typhoon recovery and slowing growth

Analysts have doubts about the ability to spend such a large amount given the government debt.
Japan Times
BUSINESS / Companies
Nov 20, 2019

Kirin unit buys fourth-largest U.S. independent brewery, New Belgium Brewing

New Belgium Brewing, one of the largest craft beer companies in the U.S., has agreed to be acquired by a unit of Kirin Holdings Co., the latest independent brewer to be snapped up in an increasingly competitive market.
Japan Times
BUSINESS / Economy
Nov 20, 2019

Canada's largest railroad hit by strike, putting Trudeau in hot seat

Thousands of workers at Canada's largest railway went on strike for the first time in a decade on Tuesday, disrupting the shipping of commodities and sparking calls for Prime Minister Justin Trudeau's Liberal government to intervene.
Japan Times
BUSINESS
Nov 19, 2019

WeWork says job cuts to begin 'in earnest' this week in U.S.

WeWork said it will begin job cuts "in earnest" this week in the U.S., a bid by the struggling office-sharing startup to stabilize its business amid staggering losses.
BUSINESS
Nov 18, 2019

Nearly 20% of Japan households using e-money but cash still king

Almost a fifth of households use electronic money for small purchases, a survey by a central bank-affiliated research institute shows, up from a year ago and a sign the culture of cash-hoarding is changing.
BUSINESS
Nov 18, 2019

Takedown: The monumental fall of auto titan Carlos Ghosn

It took two decades for "le cost-cutter" Carlos Ghosn to carve out his three-way automobile empire. But in a matter of days, it was ripped from his grasp.
Japan Times
BUSINESS / Companies
Nov 18, 2019

Peter Thiel's Palantir announces $150 million joint venture with Japan's Sompo Holdings

The new data-mining firm gets a splashy Tokyo inauguration and will target government and public sector customers, initially emphasizing health and cybersecurity.
Japan Times
BUSINESS
Nov 18, 2019

Japan's 'bark worse than its bite' in trade spat with South Korea, Citigroup says

Japan's tightening of export controls on South Korea have so far been a case of "the bark was worse than the bite," with only limited fallout for South Korea's economy, according to Citigroup Inc.
BUSINESS / Economy
Nov 18, 2019

Hong Kong job market starts weakening as recession deepens and riots exact toll

After months of political protests and the onset of a recession, Hong Kong's resilient labor market is starting to crack.
Japan Times
ESG CONSORTIUM
Nov 17, 2019

Beekeepers, farmers aid forestation efforts

Oji Group, established almost 150 years ago, is one of the world's major pulp and paper producers. While its headquarters is based in Tokyo's Chuo Ward, its business and forestation activity extend to the global stage.
Japan Times
BUSINESS
Nov 16, 2019

Bill Gates again world's richest person; Amazon's Bezos is No. 2

Microsoft co-founder Bill Gates overtook Amazon's Jeff Bezos as the world's richest person on Friday, reclaiming the top ranking for the first time in more than two years.
Japan Times
BUSINESS
Nov 15, 2019

Problems at WeWork may lead to a drop in co-working space leases, says high-profile New York developer Scott Rechler

The surge in co-working leases that accompanied the rise of WeWork will take a pause in the aftermath of the startup's abandoned IPO, a prominent New York developer said Thursday.
Japan Times
BUSINESS
Nov 15, 2019

South African Airways cancels flights as union ranks ready strike over wages and job cuts

South African Airways (SAA) has canceled flights scheduled for Friday and Saturday because of a pending strike by a majority of employees over a wage dispute and the state-run carrier's plans to cut jobs.
Japan Times
GLOBAL MEDIA POST / Chile report 2019
Nov 15, 2019

Transforming business closely with a global Japanese brand

Rhona was formed in 1964 following the merger of two engineering companies — Neuweiler y Reitz Ltda. and Aspillaga y Hornauer y Cia Ltda.
Japan Times
BUSINESS / Tech
Nov 15, 2019

Google restricts data-sharing for ads under EU privacy pressure

Google said it would make changes to its advertising technology to better protect people's privacy following scrutiny by European Union watchdogs.
Japan Times
BUSINESS
Nov 14, 2019

Facebook removes 3.2 billion fake accounts and millions of child abuse posts

Facebook Inc. removed 3.2 billion fake accounts between April and September, along with millions of posts depicting child abuse and suicide, according to its latest content moderation report released on Wednesday.
Japan Times
BUSINESS
Nov 13, 2019

Kyoto considers entering Japan's nascent local green bond market

The city of Kyoto is exploring a possible sale of debt to finance environmental, social and governance projects, in what may be the country's only such municipal bond after Tokyo, the mayor has said.

Longform

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