TOKYO (Reuters) - Japan’s economy is expected to have contracted more sharply than initially estimated in the third quarter, with analysts in a Reuters poll forecasting a steep drop in capital spending in a sign of rising headwinds in 2019 as global demand ebbs. David Z
Tag: Japan economy
Closing time? Japan convenience stores pressed to end 24-7 model amid labor crunch
TOKYO (Reuters) - Japan’s 24-hour convenience stores are struggling to stay open around the clock as an industry that has continually expanded now finds itself at the sharp end of a labor shortage. - Reuters
“Japan’s top currency official says govt ready to act to curb yen volatility”
“TOKYO (Reuters) - A Japanese official said on Tuesday that volatility was rising in the currency market and the government stands ready to take necessary steps if the market becomes too erratic.” - Reuters
Power Clash at the Top of SoftBank Puts Son’s Vision in Question
Masayoshi Son’s grand vision for SoftBank Group Corp. has been dealt a setback by an internal power struggle between two of his closest lieutenants. Marcelo Claure was named chief operating officer in May with the goal of improving operations across SoftBank portfolio companies and getting startups such as Uber Technologies Inc. and WeWork Cos Inc.… Continue reading Power Clash at the Top of SoftBank Puts Son’s Vision in Question
