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Giappone
New parking lot for tourist buses will hopefully reduce congestion in Ginza
Parking lot operator Times24 Co. will open a bus parking lot Tuesday near Tokyo’s Ginza neighborhood to help reduce congestion caused by coaches carrying foreign tourists to the shopping district. The 24-hour parking lot with capacity for 11 buses is expected to help reduce congestion caused by buses parking on ...
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Giappone
Dollar falls to ¥101 on weak U.S. retailing data
The dollar plunged to levels a hair above ¥101 in Tokyo trading on Monday, following weaker-than-expected U.S. retail sales data released late last week. At 5 p.m., the dollar stood at ¥101.07-07, down from ¥102.05-06 at the same time Friday. The euro was at $1.1172-1172, up from $1.1144-1144, and at ...
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Giappone
Nikkei dips as yen inches upward
Stocks turned lower on Monday, weighed down by an uptick in the yen. The Nikkei average shed 50.36 points, or 0.30 percent, to close at 16,869.56. On Friday, it gained 184.80 points. The Topix index finished down 6.59 points, or 0.50 percent, at 1,316.63, after rising 8.39 points the previous ...
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Giappone
Sharp’s shares continue to leap after capital injection from Hon Hai
Sharp Corp. shares climbed in Tokyo after the sale of a stake to Foxconn Technology Group, also known as Hon Hai Precision Industry Co., was completed, ending a four-month wait for the cash-strapped maker of flat panel televisions. The shares jumped 10 percent to ¥117 in Tokyo on Monday, after ...
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Giappone
Industrial output revised upward to 2.3% for June
Industrial output rose a seasonally adjusted 2.3 percent in June from May instead of the previously reported 1.9 percent, the Ministry of Economy, Trade and Industry said in a revision Monday. The index of output at factories and mines stood at 96.9 against the base of 100 for 2000, compared ...
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Giappone
Aozora to focus on e-commerce clients in bid to lead in online banking
Aozora Bank aims to become the go-to financial services operator in Japan’s online banking industry, President and Chief Executive Officer Shinsuke Baba said. In an interview, he said the firm plans to offer services for small and midsize e-commerce operators, suggesting a divergence from those that concentrate on individuals. Aozora ...
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Giappone
Nissan says new VC-T gasoline engine could make diesels obsolete
Nissan Motor Co. has come up with a new type of gasoline engine that it says may make some advanced diesel engines obsolete. The new engine uses variable compression technology, which Nissan engineers say allows it at any given moment to choose an optimal compression ratio for combustion — a ...
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Giappone
Special Mitsubishi Electric plant focuses on custom lifts for Asian venues
Made-to-order people movers, including spiral escalators and elevators with doors bearing elegant Islamic designs made at Mitsubishi Electric Corp.’s Inazawa Works, are becoming popular in Asia. As the domestic market approaches saturation, Mitsubishi Electric is using the eye-catching and unique products made at its plant in Inazawa, Aichi Prefecture, as ...
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Cina USA Giappone
China drafting growth initiative for G-20 summit next month
China will propose a joint initiative to revive weak global growth at next month’s meeting of leaders of Group of 20 major economies amid rising protectionist sentiment in the United States and Europe, officials said Monday. Speaking at a news conference, a senior Chinese diplomat made clear Beijing wants the ...
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Giappone
The BOJ’s unstoppable rise to shareholder No. 1 in Japan
The Bank of Japan's controversial march to the top of the shareholder rankings in the world's third-largest equity market is picking up pace. The post The BOJ’s unstoppable rise to shareholder No. 1 in Japan appeared first on The Japan Times.