Two Japan Post managers suspected of embezzling ¥540 million by selling used stamps
Two managers at post offices in Tokyo are suspected of embezzling some ¥540 million by privately selling used stamps earmarked for shredding, sources close to the matter said Thursday. Japan Post Co., a unit of state-backed Japan Post Holdings Co., retrieved the cash and dismissed ...
Japan Post scraps catalog gift quotas after employees spent own money to meet sales targets
Japan Post Co. will not require staff to meet sales targets for gifts marketed in its catalogs after those unable to meet the quota made up for the shortfall from their own pockets. The national post office operator has abolished the quotas for fiscal 2019, ...
Japan Post to end Saturday standard mail delivery due to job crunch and drop in demand
A government panel decided to end Saturday delivery for standard mail due to a labor shortage and a drop in demand because of increased use of the internet.
100 years ago, airmail took flight on wings of Frenchman who founded Aeropostale
On Dec. 25, 1918, a daring French industrialist launched the world's first airmail service, flying between the southwest French city of Toulouse and Barcelona in northeast Spain. It was the beginning of an adventure that would soon see pioneering pilots from the company, best known ...
Washington will begin withdrawing from a U.N. pact that lowers rates for foreign postal deliveries of small packages in the United States, the latest move by the Trump administration to challenge practices it sees as unfairly advantageous to China. White House officials said the United ...
Japan Post chief sees bright future beyond mail services
Even for Masatsugu Nagato, an experienced business executive who has worked in prominent companies, making Japan Post Holdings Co. stand on its own two feet as a private company comes as a daunting challenge. But Nagato, its president, says he is confident he can accomplish ...
9/11: the day Japan's Supreme Court went (slightly) postal
How the Supreme Court dealt with its mail problem says much about the way the law works in Japan.
The opening of sales Wednesday of shares in Japan Post, whose origins date back to 1871, has been a decade in the making. The initial public offering will make it the biggest IPO in the world this year — the biggest, in fact, since Alibaba ...
With massive IPO of Japan Post, the nation seeks to shake decades of torpor
As Japan prepares this week for the biggest initial public offering in the world since Alibaba Group Holding Ltd. in September 2014, the government hopes that the ¥1.5 trillion privatization of the postal service will help revive the country from its 20-year slump. Prime Minister ...
It's the little things — like ¥10 — that remind me why I'm still here
It's times like these that I chuckle to myself and am reminded why I love living in Japan.
FedEx indicted on new criminal charges in online pharmacy case
FedEx Corp. faces a new charge of conspiring to launder money in a U.S. criminal case over the company's drug deliveries for rogue online pharmacies despite warnings from law enforcement. The latest indictment, filed in court on Friday, said FedEx accepted payment from several pharmacies ...
