Abe Unveils Plan for Exports and Investment
The measures to promote growth in Japan constitute what the prime minister calls the third arrow in his policy quiver as the nation battles to end 15 years of deflation.
Japan PM sets targets in latest growth strategy tranche
TOKYO - The latest tranche of Japan's growth strategy will aim to triple infrastructure exports and double farm exports by 2020, as well as boost private investment, Prime Minister Shinzo Abe said on Friday.
Found 4 days ago on channel Reuters
Japan Posts Current-Account Surplus
Japan posted its first current-account surplus in four months in February as a weaker yen boosted the value of income from investments overseas and the Lunar New Year pulled down the volume of imports.
Dipping Deeper Into Publishing, Kabam Launches $50M Fund To Bring Japanese Games West
With Japan’s Puzzle & Dragons pulling in an astonishing $62 to 86 million in just the Japanese market last month, it’s no surprise that Western game developers are looking to cherry pick more hits to bring back to West. Kabam, which is on track to pull in $200 million this year, is launching a $50 million fund to bring Japanese games into the West. Gaming giants like DeNA, GREE and Zynga along with mid-size developers like Pocket Gems are getting deeper into publishing third-party titles. The news was first reported in a Wall Street Journal interview with Kabam CEO Kevin Chou. It’s a way of de-risking the hits-driven nature of the gaming business by relying on outside creative content. At the same time, these companies promise indie developers greater reach and traction than they might have by going it alone. Marketing costs for games have gone dramatically over the last two years and the biggest mobile developers routinely spend several million dollars on marketing every month. DeNA, ...
Midokura Scores $17.3M Series A To Ramp Up Its Network Virtualization Offering On A Global Scale
Japan's Midokura, a startup with offices in SF, Tokyo, Lausanne and Barcelona, today announced a $17.3 million Series A funding round, led by Innovation Network Corporation of Japan, along with NTT Group's DOCOMO Innovations, Inc., and Innovative Ventures Fund Investment, the investment arme of NEC Group. The funding will be used to hire and grow the team in preparation for future deployment and expansion of Midokura's MidoNet network virtualization services.