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Nissan Shares Plunge After Profit Warning

  • Category:Other
JAPAN TODAY
 
Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing "intense sales competition", especially in the United States.
The company and its domestic rivals are also struggling to stand their ground in China's market as fast-growing ...

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Nippon Steel To Dissolve Joint Venture With China's Baoshan

  • Category:Other
JAPAN TIMES
 
Nippon Steel will dissolve its joint venture with China's Baoshan Iron & Steel, it said on Tuesday, ending two decades of cooperation when their existing shareholders' agreement expires at the end of August.
Nippon Steel will transfer its 50% stake in the joint venture to Baoshan, i...

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Japan, U.S., South Korea Top Uniformed Officers Vow To Boost Cooperation

  • Category:Other
KYODO NEWS
 
The top uniformed officers of Japan, the United States and South Korea on Thursday pledged to keep boosting trilateral cooperation to achieve regional and global peace amid growing security challenges posed by China and North Korea.
Gen. Yoshihide Yoshida, chief of the Japanese Defen...

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NEC To Introduce Facial Recognition Identification System; Will Replace Physical ID Cards, Allow For Building Entry, Printer Use

  • Category:Event
JAPAN NEWS
 
NEC Corp. will introduce a digital ID system using facial recognition for its 20,000 employees in Japan, the company has announced.
The system can be used for payment at in-house cafeterias and stores, in addition to entry to and exit from the head office.
Compared to conventional ID...

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More Than 40% Of Japanese Companies Have No Plan To Make Use Of AI

  • Category:Other
REUTERS
 
Nearly a quarter of Japanese companies have adopted artificial intelligence (AI) in their businesses, while more than 40% have no plan to make use of the cutting-edge technology, a Reuters survey showed on Thursday.
The survey, conducted for Reuters by Nikkei Research, pitched a range o...

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Japan's Yen Posts Outsized Gains, Traders Suspect New Bout Of Intervention

  • Category:Tourism
CNA
 
The yen strengthened steadily against the dollar on Wednesday, with traders suspecting another round official buying after Japanese authorities last week likely stepped in to haul the currency away from 38-year lows.
The dollar was last down 1.22 per cent at 156.34 yen, its lowest in around...

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Japan To Boost Jet Fuel Production And Imports Amid Tourism Boom

  • Category:Other
JAPAN TODAY
 
Japan plans to increase jet fuel production and imports to address a pick-up in demand from flights amid a boom in tourism, according to a draft government plan presented on Tuesday.
The initiative aims to tackle a recent jet fuel shortage affecting commercial flights, which has hin...

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Kansai Airports to Add Slots, Flight Paths for Expo; Steps Taken to Limit Additional Noise for Residents

  • Category:Other
JAPAN NEWS
 
Kansai municipalities and other stakeholders agreed on Monday to increase takeoff and landing slots at Kansai International Airport by introducing new flight paths over Awaji Island.
Ahead of the 2025 Osaka-Kansai Expo, a council comprising municipalities and business stakeholders ha...

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Yen Pops Higher, Sparking Suspicions Of Japan Intervention

  • Category:Other
CNA
 
The yen jumped briefly against the dollar on Friday (Jul 12), putting traders on alert for signs of fresh intervention by Japanese authorities, who likely stepped in the previous day to prop up a currency still close to its lowest in 38 years.
The dollar fell as much as 1 per cent to a one-...

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Toyota Investing In EV Charging Network Ionna

  • Category:Event
JAPAN TODAY
 
Toyota says it's investing in Ionna, teaming with seven other automakers to support the company's implementation of its charging network for battery electric vehicles across North America.
The investment announced Wednesday gives Toyota and Lexus customers access to the public netwo...

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