Japan supermarket sales rise amid virus scare in February

Business Mar 24, 2020

Japan supermarket sales rise amid virus scare in February

Supermarket sales in Japan in February grew at their fastest pace in over four years as consumers bought more food to eat at home amid the new coronavirus scare, industry data showed Tuesday. Overall sales rose 4.1 percent from the year before to ¥937.6 billion, ...

Japanese automakers' output in China tumbles in January

Business Feb 28, 2020

Japanese automakers' output in China tumbles in January

Automobile production by major Japanese makers in China plunged in January from a year earlier, data from the companies showed Thursday. The gloomy results reflected fewer factory operating days because this year's Lunar New Year holiday period started in late January, some 10 days earlier ...

MUFG just posted first quarterly loss in a decade

Business / Corporate Feb 5, 2020

MUFG just posted first quarterly loss in a decade

Mitsubishi UFJ Financial Group Inc. has posted its first quarterly loss in a decade and cut its annual profit forecast after booking a hefty charge on its stake in an Indonesian bank. Core lending business slumped in the fiscal third-quarter, covering October to December, underscoring ...