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January, 24, 2017

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Business > Asia > Japan
Japan firm raided after overwork suicide
Japanese authorities raided the country's top advertising agency Dentsu on Monday as they launched a criminal investigation into the suicide of a 24-year-old employee due to overwork on suspicion of systematic illegal overtime at the company.
 
Suu Kyi courts Japanese companies
Aung San Suu Kyi, Myanmar's state counselor and foreign minister, met with representatives of the Japanese business community on Friday in Japan, calling on them to accelerate investment in Myanmar.
 
Bank of Japan delays inflation goal
Japan's central bank on Tuesday again pushed back the timeline for hitting its inflation goal, the latest policy change that has raised questions about its attempt to revive the deflation-plagued economy.
 
IADB in Tokyo
Inter-American Development Bank (IADB) President Luis Alberto Moreno, left, from Colombia poses with Japanese Prime Minister Shinzo Abe prior to a meeting at the latter's official residence in Tokyo, Tuesday, Nov. 1.
 
Japan Airlines on Monday slashed its full-year earnings outlook, and warned its fiscal first-half net profit nosedived owing to a slump in its international business.
 
Japan's factory output and retail sales were flat last month, data showed Monday, painting a bleak picture for the world's number three economy as the central bank kicks off a policy meeting.
 
Shares in three Japanese shipping firms soared Monday on news that they are merging container businesses with combined annual revenues of about US$19 billion to counter an industry downturn.
 
Japan's trade balance swung to a surplus in September, as exports fell less than expected.
 
The Japanese government expects to raise 416 billion yen (US$4 billion) from the initial public offering of 160 million shares of Kyushu Railway Co., or JR Kyushu, the latest in the privatization of this nation's prized train operations.
 
Shares in Japanese IT giant Fujitsu soared Thursday on news it is considering merging its struggling personal computer division with China's Lenovo, the world's biggest PC maker.
 
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