Business
Japanese companies employing various strategies to retain college hires
Having wrapped up recruitment activities and orientation for upcoming university graduates who will join the workforce next spring, many Japanese companies are now focusing on ensuring their young hires do not quit within a few years, a growing trend that has become a corporate headache. Some firms are utilizing apps… Read
Uncertainty over economy and tariffs forces many U.S. retailers to be cautious on holiday hiring
Uncertainty over the economy and tariffs is forcing retailers to pull back or delay plans to hire seasonal workers who pack orders at distribution centers, serve shoppers at stores and build holiday displays during the most important selling season of the year. American Christmas LLC, which creates elaborate holiday installations… Read
In bid to save shipyards, U.S. set to charge fees on Chinese ships
An escalating trade war between China and the United States faces another flashpoint Tuesday when Chinese ships will be required to start paying a special fee to dock at U.S. ports. The move announced by the U.S. Trade Representative (USTR) in April triggered reciprocal measures from Beijing, which will impose… Read
China trade beats forecasts in September as tariff fears rise
China's trade grew faster than expected last month, official data showed Monday, though fresh fears are rising of a major escalation in the tariff war between Beijing and Washington. The world's second-largest economy has in recent years been mired in a persistent domestic spending slump just as pressure on its… Read
Japan diaper firms step up recycling as waste set to grow in aging society
Faced with a swelling mountain of used adult diapers, Japanese manufacturers are finding new ways to recycle them -- transforming waste into resources to curb incineration and carbon emissions. This follows the Environment Ministry's 2020 guidelines promoting the recycling of used diapers, encouraging private companies and local governments to develop… Read
Japan's Dom Dom Hamburger launches 1st overseas outlet in Taipei
Dom Dom Hamburger, believed to be Japan's first hamburger chain, recently opened its first overseas outlet in Taipei, signaling ambitions for broader expansion. Sporting its signature crimson elephant mascot, Dom Dom Hamburger, which was established in 1970, predates McDonald's entry into the Japanese market. The Japanese chain is introducing an… Read
5 major carmakers face massive UK dieselgate lawsuit
Five major car manufacturers go on trial at London's High Court on Monday in the latest chapter of the dieselgate emissions scandal that has rocked the global car industry for a decade. The High Court will decide whether systems installed in Mercedes, Ford, Peugeot-Citroen, Renault and Nissan diesel vehicles were… Read
Online flea market Mercari to get tougher on malicious resellers
Online flea market operator Mercari Inc said Thursday it may keep some sought-after products off the platform to prevent malicious reselling, following the recent bulk buying and scalping of popular Pokemon trading cards. Mercari's latest rule change is aimed at potential resellers who try to profit from selling high-demand products… Read
Ministop to restart in-store food prep after fake expiry date scandal
Japanese convenience store chain operator Ministop Co said Thursday it will resume sales of deli items prepared in in-store kitchens beginning this month, following a suspension after some shops were found to have falsified expiry dates. The subsidiary of Japanese retail giant Aeon Co said it will also reexamine operation… Read
Silver price hits decades high as gold rush eases
The price of silver hit a multi-decade high on Thursday as investors kept flocking to safe havens amid geopolitical and economic uncertainty, while gold eased off a record run. Stock markets, meanwhile, were mixed as traders weighed a slew of issues: massive AI investments, corporate results, U.S. interest rates, the… Read
