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Japan Holds US Tariff Talks With Lutnick, Eyes Meeting With Bessent

  • Category:Other
CNA
 
Japan's top trade negotiator Ryosei Akazawa held talks with US Commerce Secretary Howard Lutnick on US tariffs on Thursday (Jul 17), as Tokyo races to avert a 25 per cent levy that will be imposed unless a deal is clinched by an Aug 1 deadline.
During the 45-minute phone call, the two sides...

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Skidding Nissan To Halt Production At Oppama Plant In Kanagawa Prefecture

  • Category:Driving
JAPAN TODAY
 
Struggling auto giant Nissan said Tuesday it will stop production at its plant at Oppama in Yokosuka, Kanagawa Prefecture, at the end of its 2027 fiscal year.
Nissan posted a net loss of 671 billion yen last year and it has said it will cut 15 percent of its global workforce.
"The c...

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1st Newly Built Asuka Cruise Ship in 34 Years Unveiled as More Companies Invest in Building Cruise Ships

  • Category:Experience
JAPAN NEWS
 
The Asuka III, NYK Line’s first new passenger ship in 34 years, is set to go into service on July 20, becoming part of a two-ship fleet for the company alongside the active Asuka II.
NYK Line unveiled the interior of the Asuka III to the press on July 11. The ship weighs 52,265 gross...

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Honda, Nissan In Talks On Sharing Common Auto Software

  • Category:Other
JAPAN TODAY
 
Honda Motor Co and Nissan Motor Co are in talks on sharing common basic software for advanced vehicle control in a bid to catch up with U.S. and Chinese rivals, sources familiar with the matter said Monday.
The two automakers aim to launch vehicles to be operated by the new software...

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Firms Make ‘Alumni’ Networks to Boost Businesses; Experts Say Move Important Amid Growing Workforce Mobility

  • Category:Other
JAPAN NEWS
 
There is a growing movement among companies to establish “alumni networks,” where former employees can interact with their former employers. The companies are aiming to improve their operations and create new businesses by leveraging the expertise of “outside” people who are familiar...

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Fuji Media To Implement Steps To Curb Activist Shareholder Influence

  • Category:Other
JAPAN TODAY
 
Fuji Media Holdings Inc on Thursday said that it will implement measures to prevent activist shareholders from gaining control of the company.
The announcement of the anti-takeover steps comes after shareholders, including prominent investor Yoshiaki Murakami, told Fuji Media execut...

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Japan Eyes Huge Market with China Set to Resume of Japanese Beef Imports; Japan Govt Hopes to Nearly Double Beef Exports by 2030

  • Category:Gourmet
JAPAN NEWS
 
With China expected to resume importing Japanese beef, it is a huge step forward for the Japanese government, which aims to increase exports of agricultural, forestry and fishery products.
A Japan-China agreement on an animal health and quarantine took effect Friday, paving the way t...

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Auto Tariff Impasse Sends U.S. Prices Up, Demand Down

  • Category:Other
JAPAN TODAY
 
No deal before the initial July 9 deadline for U.S. "reciprocal" tariffs is expected to pressure Toyota Motor Corp and other major carmakers to raise prices to offset higher import costs -- a strategy likely to dent demand and further squeeze profits.
Japan-U.S. trade talks have mad...

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Nippon Steel Looking to Double Its U.S. Steel Output in 5 Years, Says CEO

  • Category:Other
JAPAN NEWS
 
Nippon Steel Corp. plans to double its crude steel production in the United States in three to five years, according to its chairman and chief executive officer, Eiji Hashimoto.
During an interview with The Yomiuri Shimbun on Tuesday, Hashimoto outlined a plan to achieve the goal by ...

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Japan Signs Pact to Boost Direct Investment from Britain

  • Category:Other
NIPPON
 
Japan's Cabinet Office on Wednesday signed a memorandum of cooperation with the British government, to boost direct investment from Britain into Japan.
Under the memorandum, Japan will promote information sharing and exchanges with the British government, British companies and investors,...

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