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Goldman Sachs economist urges crackdown on unpaid overtime to boost Japan’s productivity

via The Japan Times    Jun 23, 2017

Japan should crack down on excessive unpaid overtime in order to boost productivity, as the nation’s irreversible labor shortage means companies must streamline to cope ...

Western Digital’s suit now seen as biggest hurdle for Toshiba sale of chip unit

via The Japan Times    Jun 22, 2017

After embattled Toshiba Corp. decided to negotiate exclusively with a consortium of Japan, U.S. and South Korean entities over the sale of its memory unit, a  lawsuit filed by Western Digital Corp. appears to be the biggest hurdle that needs to be cleared before the sale. | REUTERS

After Toshiba Corp. on Wednesday picked a Japan-U.S.-South Korea consortium as a preferred bidder for its flash memory unit, a lawsuit filed by Western Digital ...

Toshiba to negotiate exclusively with three-way consortium over chip unit sale: sources

via The Japan Times    Jun 21, 2017

Toshiba Corp. is set to negotiate exclusively with a consortium formed by Japanese, U.S. and South Korean entities over the sale of its chip unit. | BLOOMBERG

Toshiba Corp. is set to negotiate exclusively with a consortium formed by Japanese, U.S. and South Korean entities over the sale of its chip unit, ...

Japan logs surprise trade deficit in May as energy costs spike

via The Japan Times    Jun 19, 2017

Japan unexpectedly posted a trade deficit in May, ending its previous four-month streak. | AFP-JIJI

Japan unexpectedly slumped back into a trade deficit for the first time in four months, as soaring energy import bills offset growth in shipments abroad, ...

Top IMF official urges Japan to labor market, structural reforms

via The Japan Times    Jun 19, 2017

International Monetary Fund Deputy Managing Director David Lipton speaks at a news conference in Tokyo on Monday. | REUTERS

Japan should capitalize on its current economic expansion by pushing for labor and other structural reforms, the International Monetary Fund said Monday. The IMF also ...

Japan Post Bank’s unsecured-loan business plan gets government approval

via The Japan Times    Jun 19, 2017

?The government has approved Japan Post Bank's? application for a license to start unsecured loans for its individual customers. | BLOOMBERG

The government on Monday approved Japan Post Bank’s application for a license to launch an unsecured loan operation targeting individual customers. Details concerning the bank’s ...

BOJ keeps policy unchanged amid growing pressure to discuss stimulus exit plan

via The Japan Times    Jun 16, 2017

Office workers walk past the Bank of Japan building in Tokyo on Friday. | REUTERS

With inflation still distant from its target, the Bank of Japan left its monetary stimulus program on cruise control, saying improving private consumption will support ...

Tokyo stocks rebound on yen’s drop

via The Japan Times    Jun 16, 2017

Stocks turned higher on the Tokyo Stock Exchange Friday, supported by the yen’s fall. The benchmark Nikkei 225 average gained 111.44 points, or 0.56 percent, ...

Dollar hits two-week high above ¥111 in Tokyo

via The Japan Times    Jun 16, 2017

The dollar rose above ¥111 for the first time in about two weeks in Tokyo trading on Friday, lifted chiefly by upbeat U.S. economic data ...

BOJ likely to maintain stimulus as two-day policy meeting kicks off

via The Japan Times    Jun 15, 2017

Haruhiko Kuroda | BLOOMBERG

At a two-day policy meeting that kicked off Thursday, the Bank of Japan is expected to maintain its aggressive monetary stimulus in light of the ...

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