Z Holdings will merge Yahoo Japan’s on-line purchasing platform with its subsidiary’s e-commerce service to step up competitors with rivals Rakuten and Amazon, Nikkei has realized.
Yahoo! Shopping will take over PayPay Mall companies in October to facilitate the quicker commerce and supply of a predicted 400 million objects.
PayPay Mall was launched in 2019 with sellers buying and selling electronics, cosmetics, attire and luxurious manufacturers amongst different objects. The merger will broaden the Yahoo! Shopping vary and enhance its enchantment.
Tie-ups between Yahoo! Shopping and messaging app Line, a subsidiary of Z Holdings, may also be strengthened. Yahoo! will present official Line accounts to companies that open shops on the platform, boosting product consciousness and buyer entry.
Yahoo has 86 million customers, PayPay 47 million and Line 92 million. The three companies have hitherto been poorly linked.
BOJ owns half of JGB market after enormous shopping for to defend yield cap
Business Times – Jul 04
The Bank of Japan (BOJ) now owns half of excellent Japanese authorities bonds (JGB) issued out there, information confirmed on Monday (Jul 4), an indication the financial institution’s aggressive shopping for to defend its 0.25 per cent yield cap is bloating an already enormous steadiness sheet.
Why Japanese Iron Kettles Are So Expensive
Business Insider – Jul 03
A home made Japanese iron kettle can price over $300. For centuries, artisans have made kettles by pouring molten iron into molds and hammering them out as soon as they’ve cooled.
KDDI cellular prospects throughout Japan hit by extended community troubles
Japan Today – Jul 03
KDDI Corp, one among Japan’s prime three carriers, mentioned Saturday its cellular prospects have been going through difficulties making calls and getting on-line for over half a day, with the disruption of its nationwide networks additionally impacting companies from banking and transmission of climate information to parcel deliveries.
Japan’s GPIF logs first quarterly funding loss in two years
channelnewsasia.com – Jul 01
Japan’s Government Pension Investment Fund (GPIF) reported on Friday an funding lack of $16 billion in January-March, the primary quarterly damaging return in two years, as larger U.S. rates of interest and the conflict in Ukraine rattled monetary markets.
Kirin brewery to withdraw from Myanmar
france24.com – Jul 01
Japanese drinks big Kirin mentioned Monday it’ll withdraw from Myanmar, after a failed bid to disentangle its operations from a three way partnership with a junta-owned firm after final yr’s coup.
Japan enterprise temper dims for a 2nd quarter as prices rise: BOJ Tankan
Nikkei – Jul 01
Business sentiment amongst Japan’s massive producers cooled for the second straight quarter amid financial headwinds, together with the conflict in Ukraine, the prolonged lockdown in China, and international provide shortages and inflation, the Bank of Japan’s newest Tankan survey confirmed Friday.
Japan’s land worth up 0.5% in rebound from pandemic hit
Kyodo – Jul 01
The common land worth in Japan as of Jan. 1 was up 0.5 % from a yr earlier, the National Tax Agency mentioned Friday, rebounding from a fall in 2021 because the nation recovers from the coronavirus pandemic.
Newly listed firm plugs hole
Mulboyne – Jun 29
Until in the present day, firms listed on Japan’s stock trade had names starting with each potential gojūon kana besides ぬ. Nulab (ヌーラボ) has ended the drought.
BOJ bond holdings plunged into the purple as yields rose: estimates
Nikkei – Jun 28
The Bank of Japan might have been saddled with as a lot as 600 billion yen ($4.4 billion) in unrealized losses on its Japanese authorities bond holdings earlier this month, as a widening hole between home and abroad financial coverage pushed yields larger and costs decrease.
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