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Japan Offers Up To 13.7 Bil. Yen Loans For Bhutan's Hydropower Plants

  • Category:Event
KYODO NEWS
 
Japan will provide up to about 13.7 billion yen ($90 million) in loans for a hydropower plant project in Bhutan as part of efforts to deepen ties with the landlocked nation sandwiched between India and China.
Japanese Ambassador to Bhutan Keiichi Ono, who doubles as the envoy to Indi...

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U.S. Gov't Seeks Extension In Nippon Steel Case; Further Talks Likely

  • Category:Event
JAPAN TODAY
 
The legal procedures related to Nippon Steel Corp and United States Steel Corp's lawsuit to nullify the U.S. government's decision to block their merger may be extended, with the companies consenting to pushing oral arguments back to May 12 from April 24, a filing released Monday sh...

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Seven & I Announces Restructuring, New CEO To Fend Off $47 Billion Takeover Bid

  • Category:Event
JAPAN TODAY
 
Seven & i Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion overseas takeover bid and engineer a recovery.
After a tumultuous six months that began wh...

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Japan, Britain Affirm Importance of Free Trade

  • Category:Event
NIPPON
 
Japanese and British foreign and economy ministers on Friday affirmed the importance of free and fair trade at a time when the international economic order has been shaken by U.S. President Donald Trump's tariffs.
The four ministers, meeting in Tokyo, also agreed to work together to stre...

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Japan, Britain To Hold Economic Talks In Tokyo In March

  • Category:Event
KYODO NEWS
 
Japan and Britain are arranging to hold a ministerial economic dialogue in Tokyo on March 7, government sources said Thursday, amid concerns over U.S. President Donald Trump's protectionist trade policies, including tariffs.
It will be their first such meeting of the economic version...

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Tomica Miniature Car for Adults to be Released on 55th Anniversary of Toy Car’s First Appearance; Major Auto Makers to Collaborate

  • Category:Event
JAPAN NEWS
 
To commemorate the 55th anniversary of the tomica miniature car, Tomy Co. announced on Tuesday that it would release products for adults in cooperation with five automobile manufacturers including Toyota Motor Corp. and Nissan Motor Co.
The models will be specially designed by automo...

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Resona Bank Apparently Hit by Another Cyberattack

  • Category:Event
JAPAN NEWS
 
Resona Bank was apparently hit by another cyberattack on Tuesday, as its internet banking service for retail customers was temporarily inaccessible.
The bank intermittently experienced a similar situation around the turn of the year.
According to the bank, Tuesday’s glitch began arou...

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Nippon Steel To Sue U.S. Gov't Over Decision To Block Acquisition Of U.S. Steel

  • Category:Event
JAPAN TODAY
 
Nippon Steel Corp is set to file a lawsuit in response to U.S. President Joe Biden's decision to block its $14.1 billion takeover of United States Steel Corp, sources close to the matter said Saturday.
Biden on Friday said the deal posed a risk to national security while urging the ...

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Japan to Map Out Defense Export Strategy within 2025

  • Category:Event
NIPPON
 
Japan plans to map out a strategy within 2025 to boost defense equipment exports by enhancing the international competitiveness of its defense industry.
The government aims to strengthen the industry's foundation by helping expand its market reach, hoping to accelerate related efforts in...

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Japan Consumers' Christmas Budgets Down 27% Amid Rising Living Costs

  • Category:Event
KYODO NEWS
 
The average budget of Japanese consumers this Christmas stands at 16,329 yen ($105), down 27.7 percent from last year, as many look to save money, a Tokyo research company said Thursday.
"The rising cost of living is a factor that has made consumers keep a tight hold of their purse s...

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