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Toyota Subsidiary Hino Makes Deal To Settle Emission Fraud Case In U.S.
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JAPAN TODAY
U.S. officials late Wednesday announced a $1.6 billion deal with Toyota subsidiary Hino Motors to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.
Hino used altered emissions test data to get approval to import and sell more than 110,...
U.S. officials late Wednesday announced a $1.6 billion deal with Toyota subsidiary Hino Motors to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.
Hino used altered emissions test data to get approval to import and sell more than 110,...
- January 16, 2025
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Rival Buyer For U.S. Steel Emerges As U.S. Extends Deadline On Nippon Steel's Bid
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JAPAN TODAY
The bid by Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday.
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he w...
The bid by Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday.
Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a news conference Monday that he w...
- January 14, 2025
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LDP Exec Urges China to Resume Fishery Imports from Japan
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NIPPON
An executive of Japan's ruling Liberal Democratic Party on Tuesday urged China to abolish its import restrictions on Japanese fishery products.
Hiroshi Moriyama, secretary-general of the LDP, also requested Beijing to secure the safety of Japanese nationals in China.
Moriyama made the re...
An executive of Japan's ruling Liberal Democratic Party on Tuesday urged China to abolish its import restrictions on Japanese fishery products.
Hiroshi Moriyama, secretary-general of the LDP, also requested Beijing to secure the safety of Japanese nationals in China.
Moriyama made the re...
- January 14, 2025
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U.S. Extends Deadline For Nippon Steel To Abandon Takeover To June 18
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JAPAN TODAY
U.S. authorities extended a deadline imposed on Nippon Steel Corp and U.S. Steel Corp to abandon their merger plan to June 18, the companies said Sunday, a move that came as they fight to advance the deal in courts.
U.S. President Joe Biden issued an order on Jan 3 to block the $14....
U.S. authorities extended a deadline imposed on Nippon Steel Corp and U.S. Steel Corp to abandon their merger plan to June 18, the companies said Sunday, a move that came as they fight to advance the deal in courts.
U.S. President Joe Biden issued an order on Jan 3 to block the $14....
- January 13, 2025
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Suzuki Exhibits ‘Electric Cart’ Developed with Startup; Company Makes CES Debut
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JAPAN NEWS
Suzuki Motor Corp. made its CES debut in Las Vegas this week, exhibiting a light truck and electric vehicles jointly developed with various startups.
CES is one of the world’s largest technology exhibitions.
President Toshihiro Suzuki spoke to The Yomiuri Shimbun among other media at...
Suzuki Motor Corp. made its CES debut in Las Vegas this week, exhibiting a light truck and electric vehicles jointly developed with various startups.
CES is one of the world’s largest technology exhibitions.
President Toshihiro Suzuki spoke to The Yomiuri Shimbun among other media at...
- January 10, 2025
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Apollo Plans To Expand In Japan, Add Staff To Its Asia Wealth Business
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BUSINESS STANDARD
Apollo Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global investment firms pump more resources into the region to capitalise on a surge in deals and assets.
The New York-based asset manager aims to ...
Apollo Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global investment firms pump more resources into the region to capitalise on a surge in deals and assets.
The New York-based asset manager aims to ...
- January 9, 2025
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Japan’s ¥36.4 Trillion M&A Boom Expected To Grow As Activist Investors Circle
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JAPAN TIMES
Japan’s dealmakers are expecting a busier 2025 after more than ¥36.4 trillion ($230 billion) in mergers and acquisitions last year, underpinned by companies’ changing attitudes around business expansion.
Sitting on ample cash and trading at low valuations, firms in Japan are becomin...
Japan’s dealmakers are expecting a busier 2025 after more than ¥36.4 trillion ($230 billion) in mergers and acquisitions last year, underpinned by companies’ changing attitudes around business expansion.
Sitting on ample cash and trading at low valuations, firms in Japan are becomin...
- January 9, 2025
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Japan Flags Foreign Takeover Of 7-Eleven Owner As A Security Issue
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REUTERS
A potential foreign acquisition of Japanese retail giant Seven & i would be "heavily related" to national security, Japan's economy minister Ryosei Akazawa said on Wednesday.
His public comment is the first by a senior Japanese official over security issues raised by a $47 billion buyou...
A potential foreign acquisition of Japanese retail giant Seven & i would be "heavily related" to national security, Japan's economy minister Ryosei Akazawa said on Wednesday.
His public comment is the first by a senior Japanese official over security issues raised by a $47 billion buyou...
- January 8, 2025
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Toyota to Launch Mobility Test Course in Japan in Autumn
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NIPPON
Toyota Motor Corp. said Monday that it will launch autonomous driving and other projects at a test course now under construction in central Japan, starting as early as this autumn.
The Japanese automaker said that Phase 1 of its Toyota Woven City test course in Susono, Shizuoka Prefectur...
Toyota Motor Corp. said Monday that it will launch autonomous driving and other projects at a test course now under construction in central Japan, starting as early as this autumn.
The Japanese automaker said that Phase 1 of its Toyota Woven City test course in Susono, Shizuoka Prefectur...
- January 7, 2025
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Wages Hold Key to Japan Economy in 2025
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NIPPON
Whether Japanese employers will raise wages in 2025 faster than the previous year holds key to the economy's ability to put itself on a domestic demand-led sustainable growth path this year.
Wages need to grow faster than inflation to boost personal consumption, a key engine of economic ...
Whether Japanese employers will raise wages in 2025 faster than the previous year holds key to the economy's ability to put itself on a domestic demand-led sustainable growth path this year.
Wages need to grow faster than inflation to boost personal consumption, a key engine of economic ...
- January 6, 2025
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