Japan Post, a unit of Japan Post Holdings, raised mail rates Thursday in the first full-fledged hikes since January 1994, excluding markups on consumption tax increases. The rate for standard postcards has been increased by ¥10 to ¥62. Rates for other items, such as envelopes ...
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 ...
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 times like these that I chuckle to myself and am reminded why I love living in Japan.
Singapore Post said it has used a drone to deliver mail to an island community, joining postal services in other countries such as Finland that are testing unmanned aerial vehicles to deliver packages. The test flight took five minutes and carried a letter and a ...
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 ...
The U.S. Postal Service recorded its first revenue increase in five years, but the agency still lost $5 billion in fiscal 2013, making it the seventh consecutive year of red ink, according to figures released Friday. The continued losses dampened the good news about increases ...
A Republican plan to stabilize the financially struggling U.S. Postal Service by dropping Saturday letter delivery, phasing out door-to-door service and removing no-layoff clauses from future union contracts was headed for passage by a key House committee Wednesday. The agency lost close to $16 billion ...
