Tag - agencies

 
 

AGENCIES

Homes destroyed in the New Year's Day earthquake line a road in Suzu, Ishikawa Prefecture, on March 3.
JAPAN
Mar 9, 2024
Reservations open for subsidized trips to areas hit by Noto quake
Tours to Niigata, Toyama and Fukui prefectures sold out on a host of websites soon after the start Friday, displaying robust demand for the campaign.
A Chinese national flag flutters at the headquarters of a commercial bank on a financial street near the People's Bank of China in Beijing.
BUSINESS / Economy
Dec 6, 2023
Officials hit back after Moody’s downgrades China's credit outlook
The ratings agency downgraded its outlook from stable to negative, saying a need for bailouts could weigh on the country’s economic strength.
U.S. Ambassador to Japan Rahm Emanuel (left) and tourism minister Tetsuo Saito sign a memorandum of cooperation on tourism promotion on Wednesday in Tokyo.
JAPAN
Nov 30, 2023
Japan and U.S. designate 2024 as tourism promotion year
Under the initiative, the two countries will hold travel campaigns for the general public and host events for travel agencies.
Federal spending and political polarization prompted Moody's on Friday to lower its outlook on the U.S. credit rating to "negative" from "stable."
BUSINESS / Economy
Nov 11, 2023
Moody's turns negative on U.S. rating, drawing Washington's ire
Moody' lowered its outlook on the U.S. credit rating to "negative" from "stable" citing large fiscal deficits and a decline in debt affordability.
A trader on the floor at the New York Stock Exchange on July 26
BUSINESS / Markets
Aug 15, 2023
U.S. loss of AAA badge shows shift in views on government debt
Fitch Ratings flagged not only U.S. governance but also higher rates driving up debt service costs, an aging population and rising health care spending.
Japan Times
BUSINESS
Jun 7, 2023
U.S. public-transit systems face credit downgrades as riders stay away
Several public-transit agencies have been put on notice by S&P, including the San Francisco Municipal Transportation Agency and DC’s Washington Metropolitan Area Transit Authority.
Japan Times
BUSINESS
May 24, 2023
S&P 'unreasonable,' says SoftBank, after tech giant's rating downgraded
SoftBank criticized the decision and argued that selling off assets like Alibaba in exchange for cash was clearly better for its balance sheet stability.
Japan Times
JAPAN
May 3, 2023
Kinki Nippon Tourist admits overcharging municipalities by up to ¥1.6 billion
The travel agency has said it will return the funds, overcharged on commissioned work related to COVID-19 vaccination programs, after the amount is finalized.
Japan Times
BUSINESS / Companies
Jan 10, 2023
Rakuten looks for a further $200 million from bond deal
Rakuten tapped the market in November for $500 million at a whopping 12% yield.
Japan Times
BUSINESS / Companies
Dec 22, 2022
E-commerce giant Rakuten cut further into junk territory by S&P
The group's long-term rating was lowered to BB from BB+ because of 'slow improvement in its mobile business,' the ratings firm said.
Japan Times
BUSINESS / Economy
Nov 10, 2022
Japan’s credit ratings may hinge on BOJ policy changes, says S&P
Speculation has been building that the BOJ may start to withdraw its decade-old monetary stimulus next year as the yen's fall driven by its policy helps accelerate inflation.
Japan Times
JAPAN
Oct 12, 2022
Confusing mix of policies sours start of domestic travel discount campaign
Prefectures have chosen differing kickoff dates and COVID-19 protocols, resulting in a baffling array of eligibility requirements.
Japan Times
BUSINESS
Oct 5, 2022
Recovery of Japan’s inbound tourism likely muted without Chinese visitors
Beijing's 'COVID zero' policy restricts travelers from leaving China — far and away Japan's largest source of foreign tourist revenue.
Japan Times
COMMENTARY / World
Dec 8, 2021
Time to overhaul the global financial system
Banking regulations should be revised and a new and improved credit-rating system implemented to facilitate more lending to developing countries.
Japan Times
BUSINESS / Companies
Oct 30, 2021
Travel agency H.I.S. expects record ¥53 billion loss amid pandemic
The Japanese firm's latest result follows the u00a525 billion loss it made in the previous fiscal year.
Japan Times
BUSINESS
May 12, 2021
Japanese hotels and travel agencies struggle as virus hits bookings
According to a Japan Tourism Agency survey, more than 40% of respondents in the hotel business said reservations dropped by over 70% between January and May this year.
Japan Times
BUSINESS / Companies
Mar 16, 2021
Travel agency H.I.S. sees sales plunge 80% in November-January
H.I.S. logged an operating loss of u00a511.68 billion and a net loss of u00a57.98 billion in the three months through January.
Japan Times
BUSINESS / Companies
Feb 24, 2021
Travel agency JTB to cut capital to gain tax advantage amid pandemic
The planned capital cut from over u00a52.3 billion would mean JTB can receive preferential tax treatment for smaller companies with u00a5100 million as the upper limit for capital.
Japan Times
BUSINESS / Economy
Aug 23, 2020
Asia's biggest online travel agency says Japan-China tourism primed for rebound
If Japan and China can reach an agreement on reciprocal travel, the chairman of Asia's biggest online travel agency sees outbound travel spiking from pent-up demand.
Japan Times
BUSINESS
May 26, 2020
Starbucks to restart in-store services in Tokyo; travel agencies to resume in June
Starbucks Coffee Japan Ltd. said Tuesday it will restart the use of seats in stages starting Wednesday in Tokyo and four other prefectures where the coronavirus state of emergency was lifted Monday.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
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