Business | Page 3

Japan insights: 89% of Chinese investors are interested in taking a real estate tour in Japan
asiaone.com - Feb 09
Shenjumiausuan released a research result recently on "the interests of investing in Japanese real estate from Chinese investors" that 89% of Chinese investors are interested in going for a house-viewing tour if the overseas traveling market reopens.

Japan's skiing industry hits bumpy patch
Nikkei - Feb 08
With their fine powder snow, hot springs and scenic vistas, Japan's international ski destinations, buoyed by pent-up demand and yen weakness, are booming following a COVID-19-induced slumber lasting more than two years.

Japan's SoftBank Group logs $5.9 bn loss as tech investments tumble
business-standard.com - Feb 07
Japanese investor SoftBank Group reported Tuesday that it sank into a deep loss for the October-December quarter, slammed by the global plunge in technology shares.

Mitsubishi Heavy Scraps Troubled Passenger Jet Project
capitalfm - Feb 07
Mitsubishi Heavy Industries said Tuesday it had abandoned its struggling project to develop a passenger plane, a decade after the jet was due for commercial rollout.

Financial markets shaken by reports of possible new Bank of Japan chief
NHK - Feb 06
The yen weakened against the US dollar on Monday. Financial markets are speculating that the Bank of Japan will maintain its massive monetary easing policy under a new governor.

Japan consumers cling to 'COVID savings' as anxiety grips country
Nikkei - Feb 05
People in Japan are hoarding the cash they accrued during the pandemic despite an easing of restrictions, with savings actually increasing to 62 trillion yen ($478 billion), or more than 10% of the country's gross national product.

Japan's food exports hit new high on seafood, whisky demand
Nikkei - Feb 04
Japan's food exports soared to a 10th straight annual record in 2022, as the economic reopening from the pandemic in many countries sparked renewed interest in dining out.

BOJ suffers unrealized losses of 8.8 tril. yen in government bonds
NHK - Feb 04
The Bank of Japan's unrealized losses on government bonds reached 8.8 trillion yen, or about 68 billion dollars in December.

World's largest pension fund posts fourth straight quarterly loss
UPI - Feb 04
Japan's massive public pension fund continued its longest ever losing streak, reporting on Friday a $14.2 billion loss for the third quarter, its fourth straight quarter of negative returns.

Is Japan's lagging EV market ready for takeoff?
macaubusiness.com - Feb 03
Despite boasting an early start with electric vehicles (EVs), Japan has been seen as a laggard in the EV market over the past decade when the rest of the world is actively riding on the transformative shift.

Japan's Z Holdings, Yahoo and Line announce merger
Nikkei - Feb 03
Japan's Z Holdings announced that it will merge with its two wholly owned subsidiaries -- internet portal Yahoo Japan and messenger app LINE -- in an effort to revamp operations and speed up decision-making.

Japan trading house says workers can be YouTubers to top up $100,000 salaries
The Peninsula - Feb 01
A major Japanese trading company has relaxed its rules to allow employees to pursue side careers, such as being a YouTuber or an artist, aiming to retain younger workers who are demanding more flexible work rules.

A $500 million bet on reinvigorating Japan’s aging ski industry
Bloomberg - Feb 01
Niseko sits on the western edge of the island of Hokkaido, where Siberian winds sweeping across the Sea of Japan drop heavy snow almost daily during the winter months.

Tokyo Disney operator to raise workers' pay by 7 percent
NHK - Feb 01
The operator of Tokyo Disney Resort is the latest major employer in Japan to announce wage hikes. Average pay will rise by 7 percent from April.

Japan's job availability in 2022 improved for first time in four years
Japan Times - Jan 31
Japan’s average job availability in 2022 improved for the first time in four years as economic and social activities revived with the easing of COVID-19 restrictions, government data showed Tuesday.

BYD forecasts huge profit ahead of flagship Atto launch in Japan
stockhead.com.au - Jan 31
Shenzhen-based automaker, Tesla hunter and global electric vehicle hopeful, China’s BYD Co, has forecast a bumper 2022 of pure profit.