Monday, December 23

Tag: Tokyo

All Passengers on Japan Airlines Jet Evacuated After Plane Collision
2Jan By adminNo Comments
World

All Passengers on Japan Airlines Jet Evacuated After Plane Collision

Updated Jan. 2, 2024 7:04 am ETTOKYO—A Japan Coast Guard plane and a Japan Airlines passenger jet collided at Tokyo’s Haneda Airport but all 379 people on board the passenger jet were able to escape, Japan Airlines said.Five of the six people aboard the Coast Guard plane died in the crash, Japanese Prime Minister Fumio Kishida said. He said they were planning to deliver relief supplies to people affected by an earthquake on the Japan Sea coast on New Year’s Day.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Japanese Investors Return to Overseas Real Estate With Lessons Learned From the 1990s
1Jan By adminNo Comments
World

Japanese Investors Return to Overseas Real Estate With Lessons Learned From the 1990s

TOKYO—Big Japanese investors stumbled disastrously into the U.S. commercial real-estate market in the late 1980s, when they bought high-profile properties like New York’s Rockefeller Center not long before the market fell hard.Now some Japanese institutional investors and real-estate companies are back—but this time it isn’t about flaunting trophy purchases. It is about diversifying portfolios for the long term and getting good bargains while the market is slumping.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Iberia returns to Tokyo with the A350 – Business Traveller
19Dec By adminNo Comments
Travel

Iberia returns to Tokyo with the A350 – Business Traveller

From 27 October, oneworld member Iberia will operate three weekly flights between Madrid and Tokyo Narita, offering the only nonstop connection between Spain and Japan. Iberia will fly one of its three-class Airbus A350-900s to Tokyo. The airline’s A350-900s seat 31 passengers in 1-2-1 configured business class, 24 in premium economy and 293 in standard economy class. Owing to Russian airspace restrictions, the flights will take longer than usual and take a circuitous round-the-world route. Iberia says: “Due to the closure of Russian airspace, the flight path to Tokio has been adjusted. Given the critical role of winds in route planning, customers flying round-trip with Iberia will do a round-the-world trip, as the outbound from Madrid to Tokyo will be done across the south and the i...
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Toshiba, Rohm to Invest $2.69 Billion to Make Power Devices in Boost to Japan Chip Industry
8Dec By adminNo Comments
World

Toshiba, Rohm to Invest $2.69 Billion to Make Power Devices in Boost to Japan Chip Industry

Toshiba and electric-parts company Rohm will invest $2.69 billion in a venture to produce power devices, a move aligned with Tokyo’s drive to ensure a stable supply of semiconductors in Japan.The Japanese companies said Friday they will spend a combined 388.3 billion yen ($2.69 billion) to boost production capacity of silicon carbide and silicon power devices, components used for supplying and managing power in parts such as electric-vehicle powertrains.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Hyatt opens first Unbound Collection hotel in Tokyo – Business Traveller
8Dec By adminNo Comments
Travel

Hyatt opens first Unbound Collection hotel in Tokyo – Business Traveller

Hyatt Hotels has announced the opening of Hotel Toranomon Hills as the first property in Tokyo under The Unbound Collection by Hyatt brand. At the crossroads of Japan’s full-fledged international hub and global business center and conveniently located in central Tokyo with easy access to shopping and entertainment hubs such as Ginza and Roppongi, the hotel caters to the growing trend of “bleisure travel” where business travel is combined with leisure. The hotel is within walking distance of the iconic Imperial Palace, around 30 minutes by car from Haneda International airport, and connected directly to Toranomon Hills subway station on the Hibiya Line via Toranomon Hills Station Tower. Toranomon Hills Station Tower is home to TOKYO NODE, which includes a presentation/performance hall,...
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Honda unveils autonomous vehicle, next-gen concepts
26Oct By adminNo Comments
Business

Honda unveils autonomous vehicle, next-gen concepts

TOKYO: As it celebrates its 75th anniversary, Honda Motor Co is gearing up to roll out future-ready mobility solutions, some of which are being showcased at the ongoing Japan Mobility Show here. "When we look back on our history of offering a wide range of value to our customers and society as a manufacturer of mobility products, we can say that Honda has grown to this point while always being driven by dreams," Toshihiro Mibe, president, CEO and representative director at Honda Motor Co, said at the show.It has lined up a range of new mobility product concepts for travel on the ground, in the ocean and the skies, including a specialty sports model - Prelude Concept."Mobility enables us to see new surroundings, meet new people and discover new things, which expands the world we live in," ...
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KKR’s Chip Play Will Win Big in Japan
25Oct By adminNo Comments
Money

KKR’s Chip Play Will Win Big in Japan

Private-equity giant KKR has scored a win in Japan, and with a chip price rebound probably around the corner, their timing looks impeccable. Investors should consider going along for the ride.Semiconductor equipment maker Kokusai Electric will start trading Wednesday in Tokyo after raising around $720 million in an initial public offering last week. That makes the deal Japan’s largest IPO in almost five years, according to Dealogic. KKR has owned the company—which used to be controlled by Hitachi—since taking it private in 2018. Kokusai is valued at $2.8 billion at its IPO price, potentially netting KKR a return of more than 60% in Japanese yen terms, excluding leverage. Kokusai unloaded its video and communications systems business after KKR’s takeover.Copyright ©2023 Dow Jones & Com...
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The Battle Over the Yen
22Oct By adminNo Comments
Health

The Battle Over the Yen

The foreign-exchange market for the Japanese yen is working fine, the International Monetary Fund declared last weekend. No it’s not, Japan’s finance ministry shot back on Thursday in what’s become an instructive tussle over exchange rates and monetary policy.A major economic story of the past two years is the chronic weakness of the yen relative to the dollar. Traders appear to be preparing for a push down to ¥151 per dollar, a 33-year low, now that the market has grown more comfortable with ¥150—which also was a 33-year low when the currency hit that level a year ago. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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