Foreign investors are continuing to sell Japanese shares. Three such companies with high foreign ownership ratios have been declining considerably.Of the 40 firms listed in the first section of the Tokyo Stock Exchange with high foreign ownership ratios, 27 companies saw their foreign ownership stakes drop as of Sept. 30.
The leasing firm Orix - foreign […]
Nippon Yusen KK and Kawasaki Kisen Kaisha Ltd. have had to change routes between Europe and Asia to evade the bands of pirates
operating off the Somali coast. The pirates have been seizing vessels in a portion off the sea lane connecting the Suez Canal and the Indian Ocean.
Ships traveling between Europe and Asia […]
Tama is likely the highest earning cat, animal-type, in Asia.
Tama is a “stationmaster” at Kishi Station in Wakayama Prefecture Japan.
It is estimated that the cat’s economic impact on the area is about Y1.1B ($10 million).
1. Passengers take rides to see the cat.
2. Photo collections of the cat are sold.
3. Related merchandise featuring the pussy are […]
Weapons makers are showing off their rubbers, um, rubber weapons at RISCON 2008 in Tokyo.
Some 314 exhibitors set up 800 booths to show the latest and greatest in rubber weapons for security purposes.
“Stop! Or I am going to shoot rubber bullets (they do that) with my rubber gun. (I didn’t know they did that.)
Good grief! […]
Germany's Robert Bosch GmbH is the largest parts maker in the world and Samsung is, well, um, Samsung.
Bosch and Samsung have agreed to collaborate to develop the next-generation batteries for hybrid cars.
The arrangement is a 50-50 joint venture. The two giants will together spend some $500 million over the next five years. Their goal is […]
The Chinese and Japanese are getting along fine.
Maybe it should be were getting along fine.
Somehow, poison, a lot of it, got into a batch of Chinese-made frozen dumplings - gyoza, jiaozi. Yum! Without the poisoning, of course.
The Tian Yang Food Plant says they have never used the pesticide substance methamidophos, making it a mystery […]
Leave it to Japan to come up with a rent-a-pet system.
Pets can be rented by the day or hour at pet rental stores in Japan.
The ten most popular rental animals.
1. Dog 5,000 yen ($45)
2. Cat 5,000 yen ($45)
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Asian visitors to Japan shop til they drop, according to results of a September 2007 shopping trends survey by the Japan Department Stores Association.
Backed up by the data, department stores, seeing dwindling sales to residents, are stepping up efforts to target foreign shoppers.
Tourists from China increased after the Japanese government […]
Japan and China are planning to establish a joint fund of Y200 billion ($2 billionish) with each country putting half that amount into the kitty for the purpose of environmental protection.
Japan wants to lend China more money since scheduled low-interest yen loans are due to end by March of 2008 (the end of Japan's fiscal […]
China wants 150 more tons of Japanese rice.
Japan already sent rice to China - 24 tons of it.
Beijing and Shanghai stores sold the stuff at a price 20 times higher than rice produced locally.
It still sold out. Poof! Gone!
China wants more and before next March.
Tokyo says it will take immediate action to lift import bans […]
