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Japan police, U.S. authorities to probe bitcoin withdrawals from Mt. Gox

July 30, 2014 - 22:52
The Metropolitan Police Department will launch a full-scale investigation into the collapse of Mt. Gox, a Tokyo-based major exchange for the bitcoin digital currency, on suspicion of computer fraud, suspecting that a large quantities of bitcoins were illegally withdrawn from the company's system, it was learned Wednesday. (The Japan News)
Categories: Japan News

Toyota remains world's top selling automaker, plans to sell more than 10 million cars in 2014

July 30, 2014 - 13:10
Toyota remained the top-selling automaker for a second year in a row, beating U.S. rival General Motors by some 270,000 vehicles in 2013, and set an ambitious target to sell more than 10 million vehicles this year. (nydailynews.com)
Categories: Japan News

China scandal pushes McDonald's Japan to upgrade food-safety steps

July 29, 2014 - 14:23
McDonald's Holdings Co. (Japan) apologized Tuesday for a recent scandal over chicken meat provided by a Chinese producer, promising to do "whatever it takes" to ensure the safety of food on its menu. (Kyodo)
Categories: Japan News

Airbus cancels order for six A380s from Skymark

July 29, 2014 - 07:39
Airbus has cancelled an order for six A380 superjumbos from Skymark Airlines because the Japanese company is facing financial difficulties, French daily Les Echos reported on Monday (July 28). (channelnewsasia.com)
Categories: Japan News

Mazda to end passenger-vehicle partnership with Ford

July 28, 2014 - 23:39
Mazda Motor will dissolve its tie-up in passenger-vehicle production with Ford Motor, taking over the U.S. carmaker's assembly lines at their sole jointly run facility, located in Thailand. (Nikkei)
Categories: Japan News

Sony to sell Minato Ward HQ land to Sony Life

July 28, 2014 - 23:16
Sony Corp. said Monday it has agreed to sell the land of its headquarters in Tokyo's Minato Ward to Sony Life Insurance Co. for Y52.8 billion. (Japan Times)
Categories: Japan News

Fast food shops in Japan start serving alcohol

July 28, 2014 - 22:57
Since March, Kentucky Fried Chicken Japan Ltd. has served beers from various countries with meals such as "confit," or meat cooked in low-temperature oil, and pastas in the evening at its newly opened restaurant in the Otemachi central Tokyo business district. (Jiji Press)
Categories: Japan News

'Godzilla' winning weekend box office in Japan

July 27, 2014 - 09:43
"Godzilla," Gareth Edwards' Hollywood retelling of the classic Japanese monster tale, appears on course to top the box office in Japan. (variety.com)
Categories: Japan News

Uniqlo keen to source garments from India

July 27, 2014 - 01:24
Uniqlo, Japan's largest clothing store chain is keen on sourcing the garments from India. Uniqlo is the wholly owned subsidiary of Yanai controlled company, Fast Retailing. (fibre2fashion.com)
Categories: Japan News

Japanese businesses benefiting from hotter-than-expected summer

July 26, 2014 - 01:07
Scorching heat has been the norm across Japan in recent days. On Friday, Tajimi in the landlocked prefecture of Gifu saw thermometers hit 39.3 C, the nation's highest temperature so far this year. (Nikkei)
Categories: Japan News

McDonald's Japan stops using Chinese chicken

July 26, 2014 - 00:24
Fast food restaurant chain operator McDonald's Japan says it has stopped using chicken meat from all Chinese suppliers. (NHK)
Categories: Japan News

IPO numbers exceed pre-Lehman shock level

July 24, 2014 - 23:19
The number of companies that went public on Japanese stock exchanges in the January-July period of this year totaled 30, topping the 25 in the same period of 2008 shortly before the collapse of U.S. investment bank Lehman Brothers. (The Japan News)
Categories: Japan News

China ships banned European eel to Japan

July 24, 2014 - 23:01
Japan has been importing from China large quantities of European eel, an endangered species whose export from Europe is forbidden, The Yomiuri Shimbun has learned. (The Japan News)
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Itochu tying up with top Thai conglomerate

July 24, 2014 - 22:52
Itochu has agreed to an unprecedented capital and business tie-up with Charoen Pokphand Group, one of Thailand's largest conglomerates, as the Japanese company seeks a stronger foothold in Asian markets. (Nikkei)
Categories: Japan News

Rat poison found in imported frozen fish

July 24, 2014 - 13:44
A seafood importer in western Japan is recalling frozen fish from Vietnam after finding that packages of the product contained rat poison. (NHK)
Categories: Japan News

Failed Mt. Gox mum on debt repayment amounts

July 23, 2014 - 14:59
The bankruptcy administrator for Tokyo-based bitcoin exchange Mt. Gox Co. on Wednesday declined to say how much of its debts the firm expects to repay to creditors. (Jiji Press)
Categories: Japan News

Companies scramble to recover from tainted meat debacle

July 23, 2014 - 14:50
The spreading meat scandal in China prompted Japan Wednesday to tighten inspections of food imports as Chinese authorities detained five employees of a Shanghai supplier accused of selling expired beef and chicken. (Japan Times)
Categories: Japan News

Japan's seasonal eel haul triples

July 23, 2014 - 07:00
Japanese people can look forward to some relief this year from the summer heat. The catch of young eels this season is triple the volume of last year. The Japanese traditionally eat grilled eel to give them an energy boost amid the heat and humidity of summer. (NHK)
Categories: Japan News

Benesse says noncustomer data included in leaked info

July 22, 2014 - 23:18
Information leaked from Benesse Corp. includes personal data on people who have never had a contract with the company, its parent company said Tuesday. (Jiji Press)
Categories: Japan News

Japan's top convenience stores dominate like never before

July 22, 2014 - 23:11
The five biggest convenience store operators in Japan claimed more than 90% of the market by sales for the first time in fiscal 2013. (Nikkei)
Categories: Japan News

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