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Giappone Filippine
Jetstar to fly to Manila; Cathay route turns 50; More flights to PNG
Jetstar to fly to Manila Jetstar Japan has announced the launch of new routes from Narita, Osaka and Nagoya to Manila, making Jetstar the nation’s first low-cost carrier to offer direct flights to the Philippine capital. The airline will begin offering seven direct flights a week to Manila from March ...
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Giappone
Dollar sags to ¥120.60 as oil and stocks slide
The dollar sagged to levels around ¥120.60 in Tokyo trading on Tuesday, dragged down by falls in oil and stock prices following their recent rallies. At 5 p.m., the dollar stood at ¥120.62-63, down from ¥121.21-21 at the same time Monday. The euro was at $1.0902-0903, up from $1.0845-0845, and ...
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Giappone
Japanese food exports hit record high for third year on cheap yen, popularity of ‘washoku’
The nation’s exports of agricultural, forestry and fishery products as well as foods in 2015 rose 21.8 percent from a year earlier to ¥745.2 billion, hitting a record high for the third straight year, a preliminary government report showed Tuesday. The government’s interim target of expanding annual exports to ¥700 ...
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Giappone
Embattled Toshiba to buy land near Mie factory in focus on flash memory chips
Toshiba Corp. said Tuesday it will acquire land adjacent to its chip plant in Yokkaichi, Mie Prefecture, for ¥3 billion as the electronics maker aims to boost production of 3-D NAND flash memory chips. In a bid to re-emerge from a massive accounting scandal, Toshiba is undergoing a broad restructuring, ...
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Giappone
Cabinet gives formal blessing to signing of TPP on Thursday
A Cabinet meeting Tuesday saw the government formally decide to sign the Trans-Pacific Partnership free trade pact — putting an end to years of wrangling and heartache over the agreement. A signing ceremony in Auckland on Thursday will see Japan, the United States and 10 other countries put pen to ...
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Giappone
Stocks slump on profit-taking in Tokyo trade
Stocks turned lower on the Tokyo Stock Exchange on Tuesday, pressured by selling to lock in gains after recent surges. The Nikkei lost 114.55 points, or 0.64 percent, to close at 17,750.68. On Monday, it rose 346.93 points. The Topix ended down 10.63 points, or 0.73 percent, at 1,452.04, after ...
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Giappone
JAL named world’s most punctual airline for fifth time
Japan Airlines has been recognized as the world’s most punctual major international airline, in a rating by U.S. flight data services firm FlightStats. JAL achieved a on-time arrival rate of 89.44 percent in FlightStats’ seventh annual survey, a lead of 0.47 point over second-ranked Iberia of Spain and 0.56 point ...
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Giappone
FSA to monitor effects of negative interest rate on banks, Aso says
Finance Minister Taro Aso said Tuesday the government will monitor what the effects of the Bank of Japan’s negative interest rate policy on financial institutions. The Financial Services Agency “needs to carefully monitor financial institutions,” said Aso, who also doubles as state minister for financial services. Bank shares fell sharply ...
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Giappone
Japan’s carmakers, airlines believe negative rates will help demand
It will not show up in time for this week’s earnings release, but Toyota Motor Corp. may have gotten a gift from the Bank of Japan’s unconventional policy choices. The central bank’s surprise move on Friday to negative interest rates could boost domestic demand, while the weaker currency that is ...
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Giappone
Skymark’s rehabilitation on track a year after bankruptcy
A year after its bankruptcy, Skymark Airlines, the nation’s third-largest carrier, is seeing an improvement in fortunes as rehabilitation gains pace. It has withdrawn from unprofitable routes since it filed for bankruptcy protection with the Tokyo District Court on Jan. 28 last year, and it now flies only small aircraft. ...