BUSINESS – 3

The heads of Japan Post Holdings Co Ltd and two affiliates said on Friday they will resign over the improper sales of insurance policies, after the regulator announced administrative punishments against the companies. (Japan Today)

The heads of three Japan Post group firms are set to resign amid a scandal involving dubious sales of insurance policies. (NHK)

The best thing you can say about the Japanese economy's 2019 is that, mercifully, the year will soon be over. (Nikkei)

Electronics makers are revising pay scales to attract competent engineers, including by throwing salaries of more than ¥10 million per year at recruits fresh out of college. (Japan Times)

In Nichinan, Japan, a city of about 50,000 people on the southwestern island of Kyushu, a house that had sat abandoned for more than a decade gained new life this summer. (Nikkei)

The Bank of Japan has decided to keep its easing policy unchanged. (NHK)

Japan’s labor productivity remained the lowest among the Group of Seven countries in 2018, public interest foundation the Japan Productivity Center said Wednesday. (Japan Times)

Japan will tighten regulations to prevent technology giants including Facebook Inc and Google from abusing their market power and having unfair advantage over small businesses, officials said on Tuesday. (Japan Today)

Asahi Breweries Ltd. says it will stop releasing sales volume data for its beer and quasi-beer products this month, switching in January to the disclosure of the value of sales. (Japan Times)

An IT startup that was Japan's second-largest IPO of the year rose on its first day of trading in Tokyo. (NHK)