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Nissan Drops Plan To Build Drive Units For Evs In Britain

  • Category:Other
JAPAN TODAY
 
Nissan Motor Co has withdrawn a plan to manufacture powertrains for electric vehicles in Britain, a source familiar with the matter said Sunday, as the struggling Japanese automaker reviews its production and factory numbers.
Jacto Ltd, a Nissan subsidiary that has been jointly deve...

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Idemitsu Oil Tanker Arrives in Japan after Hormuz Passage

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NIPPON
 
An Idemitsu Tanker Co. crude oil tanker entered the Ise Bay in central Japan on Monday morning, becoming the first oil tanker to arrive in the country after passing through the Strait of Hormuz amid the conflict between the U.S.-Israel side and Iran.
The Idemitsu Maru, operated by the Id...

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Central Tokyo Average Condo Price Rises 38.9% In April

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JAPAN TODAY
 
The average price of a new condominium in central Tokyo in April rose 38.9 percent from a year earlier to 124.98 million yen, reflecting a rebound from the previous year's drop and rising construction costs, a research institute said.
The price in the greater metropolitan area cover...

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Daiwa Secures Project Finance For 38-MW Battery In Japan

  • Category:Other
RENEWABLES NOW
 
Daiwa Energy & Infrastructure (DEI), a unit of Japanese financial services firm Daiwa Securities Group Inc (TYO:8601), has secured a project finance loan for a 38-MW/160.32-MWh grid-connected energy storage facility.
The disbursement was inked with Japanese lender Aozora Bank on ...

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Toyota to Build Japan-Bound Minivans in Taiwan

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NIPPON
 
Major Japanese automaker Toyota Motor Corp. plans to begin producing two popular minivan models in Taiwan in October and sell them in Japan as part of efforts to ease delivery delays caused by labor shortages.
Toyota will build the Noah and Voxy minivans that are popular in Japan at a pl...

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Japan's Real Wages Fell For 4th Fiscal Year In A Row

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NHK
 
Real wages in Japan decreased for the fourth straight year in fiscal 2025 which ended in March, as prices rose faster than pay.
The labor ministry released the data on Friday. It surveyed more than 30,000 businesses with at least five employees.
Nominal cash wages, including base pay, overt...

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Japan megabank Mizuho Bank to invest in Rakuten Bank in October

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JAPAN TODAY
 
Mizuho Financial Group Inc, one of Japan's three megabanks, and Rakuten Group Inc, one of the country's largest e-commerce firms, said Wednesday that Mizuho Bank will invest in Rakuten Bank on Oct 1.
Mizuho Bank currently holds a 14.99 percent stake in Rakuten Card on an issued stoc...

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Koizumi Welcomes Bank Decision Lifting Curbs On Defense Investment

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JAPAN TODAY
 
Defense Minister Shinjiro Koizumi on Tuesday welcomed a recent decision by the state-backed Development Bank of Japan to lift restrictions on investments in defense-related businesses.
At a press conference, Koizumi said the DBJ's move to allow investments in weapons and related pro...

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As Japan Stokes Inflation, Banks Grapple With Loan Growth Outpacing Deposits

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JAPAN TIMES
 
 
Japan’s banks are grappling with a problem that was unthinkable a few years ago: Loans are growing faster than deposits.
 
The country is seeing an explosion of borrowing as businesses boost capital investment and buyout deals get bigger.
 
At the same time, deposits aren’t keepin...

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Japanese Economy Grows Faster Than Expected In First Quarter

  • Category:Other
JAPAN TODAY
 
Japanese economic growth surpassed expectations at the start of 2026, official data showed on Tuesday, but Prime Minister Sanae Takaichi is mulling an extra budget as concerns grow over inflation due to the Middle East war.
Gross domestic product (GDP) in the world's fourth-biggest ...

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