Loading

Search

:

Itochu Considers Acquisition of Scandal-plagued Used-car Dealer Bigmotor

  • Category:Other
JAPAN NEWS
 
Trading house Itochu Corp. is considering the acquisition of scandal-plagued Bigmotor Co., a major used car dealer, it was learned Friday.
Itochu is expected to team up with J-Will Partners, a domestic corporate revitalization fund, and sign an exclusive agreement for the asset valua...

More

Japan's Trade Deficit Shrinks 70% To ¥662.5 Bil In October

  • Category:Other
JAPAN TODAY
 
Japan's trade deficit in October shrank 70.0 percent from a year earlier to 662.5 billion yen as imports continued to drop sharply and exports grew for the second straight month, government data showed Thursday.
It was the first red ink in two months, as exports increased 1.6 percen...

More

Japanese Economy Shrinks 0.5% In Third Quarter

  • Category:Other
JAPAN TODAY
 
Japan's economy contracted by a worse-than-expected 0.5 percent in the third quarter, government data showed Wednesday, in a further blow to struggling Prime Minister Fumio Kishida.
The shrinking of the world's number three economy, following two consecutive quarters of growth, was ...

More

Indonesia, Japan Plan To Accelerate Energy Transition At IPEF Meeting

  • Category:Other
ANTARA
 
Indonesian Coordinating Minister for Economic Affairs, Airlangga Hartarto, and Japanese Minister of Economics, Trade, and Industry, Nishimura Yasutoshi, discussed opportunities for economic cooperation and accelerating energy transition between both nations.
The discussion took place on ...

More

Japan Chipmaker Rapidus To Open Business Base In Silicon Valley

  • Category:Other
NIPPON
 
Japanese chipmaker Rapidus Corp. will open a business base in Silicon Valley by the end of March, its chief executive officer said Monday, as it seeks to expand its sales network in the United States in anticipation of demand growth.
Rapidus CEO Atsuyoshi Koike said Silicon Valley is cri...

More

Japan's Cosmo Energy Braces For 'Poison Pill' Anti-Activist Vote

  • Category:Other
JAPAN TODAY
 
Japan's Cosmo Energy Holdings could struggle to win shareholder backing for a revised "poison pill" strategy, its chief executive says, as the company seeks to defend itself from activist investors pursuing a hostile takeover.
Japan's third-biggest oil refiner is calling another sha...

More

Nissan, Renault Launch 'Rebalanced' Alliance

  • Category:Other
JAPAN TODAY
 
French automaker Renault and Japanese partner Nissan officially launched their "rebalanced" alliance on Wednesday as they seek to reset a rocky 24-year-old partnership.
The companies announced an agreement in February to put their partnership, which also includes Japanese automaker ...

More

Japan's April-Sept. Current Surplus Triples To Record 12.7 Tril. Yen

  • Category:Other
KYODO NEWS
 
Japan's current account surplus in the first half of fiscal 2023 tripled from a year earlier to a record 12.71 trillion yen ($84 billion), lifted by record-high foreign investment returns as falling energy import costs trimmed the trade deficit, government data showed Thursday.
Prima...

More

Nippon Steel Drops Patent Lawsuit Against Toyota In Name Of Partnership

  • Category:Other
JAPAN TODAY
 
Nippon Steel Corp. has dropped its lawsuit against Toyota Motor Corp. over a patent for a technology used in electric motors, saying wrangling among Japanese companies was not beneficial to keep the nation competitive.
Toyota and Nippon Steel see their partnership as critical in the...

More

Toyota Exceeds Global Production of 300 Million Cars

  • Category:Other
JAPAN NEWS
 
Toyota Motor Corp. announced Monday that its cumulative global production exceeded 300 million units as of the end of September.
The company passed the milestone 88 years and two months after the company’s predecessor, Toyoda Automatic Loom Works’ Automotive Production Division, ship...

More