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Giappone
Bic Camera to launch tax-free shops at airports
Home electronics chain Bic Camera Inc. said Thursday it will set up a joint venture with Japan Airport Terminal Co. to enhance the sale of tax-free products to foreign travelers. The agreement will combine Bic Camera’s distribution networks with the experience of Japan Airport Terminal, which operates duty-free shops at ...
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Giappone
Experts see tough road ahead for Sharp and its LCD division
A struggling Sharp Corp. has reached a crossroads as it will soon need to decide what to do with its signature LCD business. Media outlets recently reported that Innovation Network Corporation of Japan (INCJ), a government-backed fund, is trying to talk Sharp into splitting off its money-losing LCD division and ...
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Giappone
U.S. exit from zero rate policy positive for Japan: ministers
In Asia, Japan may have the most to gain from the first U.S. interest rate hike since June 2006, as it facilities Japanese exports. The post U.S. exit from zero rate policy positive for Japan: ministers appeared first on The Japan Times.
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Giappone
Dollar solid around ¥122.50 on Fed rate hike
The dollar stayed solid around ¥122.50 in Tokyo trading on Thursday, powered by the U.S. Federal Reserve’s hiking of interest rates. At 5 p.m., the dollar was at ¥122.42-42, up from ¥121.92-92 at the same time Wednesday. The euro was at $1.0855-0855, down from $1.0939-0940, and at ¥132.90-90, down from ...
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Giappone
U.K. allows fracking beneath national parks
British lawmakers on Wednesday voted in favor of allowing fracking under national parks, despite earlier promises of a ban. Legislators voted by 298 to 261 in favor of extending legislation to permit fracking 1,200 meters below national parks, areas of outstanding natural beauty and world heritage sites with drilling taking ...
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Giappone
Shale drillers are now free to export U.S. oil into global glut
The United States appears on the brink of ending a four-decade ban on most exports of crude oil, which would end a years-long fight brought about by a boom in domestic shale output that contributed to a supply glut and depressed prices. The measure is part of a sprawling deal ...
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Giappone
End of an era as Britain’s last coal mine closes
The closure of Britain’s last coal mine on Friday in a misty corner of Yorkshire brings to an end a proud history of industrial boom and social struggle. “Britain’s best miners work at Kellingley,” reads a sign outside the colliery in northern England in a community that is dreading the ...
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Giappone
Stocks surge in Tokyo following Fed rate hike
Stocks rose sharply on the Tokyo Stock Exchange on Thursday, backed by brisk purchases after a U.S. interest rate increase led to a surge on Wall Street and a weaker yen. The Nikkei average shot up 303.65 points, or 1.59 percent, to end at 19,353.56. On Wednesday, the it surged ...
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Giappone
EU adopts new plane tracking rules, to prevent repeat of MH370
The European Union on Wednesday adopted new rules on plane tracking, which could prove key to preventing a repeat of the disappearance of flight MH370 in March 2014. “The new rules will improve the tracking of European aircraft and the location of an aircraft in distress anywhere in the world,” ...
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Giappone
Yamaha CEO sees room to exceed targets on emerging markets
Yamaha Motor Co. may beat its profit forecasts if emerging markets hold up better than expected, according to Chief Executive Officer Hiroyuki Yanagi, speaking ahead of Wednesday’s interest rate hike in the United States. The motorcycle and boat manufacturer may achieve an operating profit margin of 10 percent in the ...