Japan

Economy

Why retail giant 7-Eleven is on a rival’s shopping list

7-Eleven is the world’s biggest convenience store chain When the owner of 7-Eleven announced this week that it had received a buyout offer from a Canadian rival it triggered shockwaves in Japan. A Japanese company of this size has never been bought by a foreign firm. Historically, companies from Japan were more likely to buy overseas businesses.

News

Flights cancelled in Japan after scissors go missing

New Chitose is one of Japan’s busiest airports Thirty six flights were cancelled and 201 delayed at a Japanese airport on the weekend after a pair of scissors went missing in a store near the boarding gates. Security checks at Hokkaido’s New Chitose Airport domestic terminal were suspended for about two hours on Saturday morning,

News

Japan set for new PM as Kishida bows out as party leader

Japan’s prime minister Fumio Kishida is expected to step down in September Japan’s Prime Minister Fumio Kishida will not seek re-election as leader of the ruling Liberal Democratic Party (LDP), which he says needs a “new start”. The 67-year-old LDP veteran is expected to step down as PM after the party elects a new leader

Economy

Japan takes a soft diplomatic approach to ASEAN ties: Stephen Nagy in the Japan Times

Southeast Asia’s changing dynamics force Tokyo to balance its role amid U.S.-China competition. The Association of Southeast Asian Nations was said to be the driver of Asia-Pacific’s regional economic integration in the wake of the 1997 Asian Financial Crisis. There was an informal agreement between the 10 ASEAN members and Japan, South Korea and China

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