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Clock Ticking For Nissan Boss Uchida To Revive Automaker

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Reuters) — Nissan’s new CEO Makoto Uchida doesn’t have time to work his way into the job. He is effectively on probation and has a matter of months to show he can revive the ailing automaker, according to three people familiar with the thinking of some on the company’s boa...

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Japan's Economy Heading For Recession, And Germany Wobbles

  • Category:Other
THE GUARDIAN
 
International trade slump and coronavirus outbreak combine to weaken consumer demand
Japan’s economy is heading for a recession this year after figures showed the world’s third largest economy slumped by an annual rate of 6.3% during the last quarter of 2019.
Germany, the world’s f...

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Nissan Set To Scrap Year-End Dividends

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Bloomberg) — Nissan Motor Co.’s efforts to halt declines in key markets are faltering, forcing the automaker to cut its full-year profit outlook a second time and scrap its year-end dividend to investors, including top shareholder and partner Renault SA.
The partners have ...

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The Japanese Government Gave 2,000 Iphones To Passengers Stuck On A Cruise Ship Where Nearly 200 Coronavirus Cases Have Been Confirmed

  • Category:Other
BUSINESS INSIDER
 
·  The Japanese government gave 2,000 iPhones to passengers stuck aboard a Diamond Princess cruise ship where nearly 200 coronavirus cases have been confirmed, according to 9to5Mac and Macotakara.
·  The phones were reportedly given out so passengers could download an app on wh...

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Japanese Firms Struggle To Restart China Factories Amid COVID-19 Outbreak

  • Category:Event
JAPAN TIMES
 
Japanese manufacturers in China are facing challenges getting restarted after the extended Lunar New Year holiday because of restrictions on the movement of people and goods caused by COVID-19.
Mazda Motor Corp. planned to resume operations at a plant in Nanjing Wednesday but postpo...

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Japan Braces For Biggest Hit To GDP Since 2014 Amid Growing Coronavirus Risks

  • Category:Other
STRAITS TIMES
 
TOKYO (REUTERS, BLOOMBERG) - Japan's economy likely suffered its biggest contraction since 2014 at the end of last year leaving it in a vulnerable state, as fallout from a coronavirus outbreak (Covid-19) threatens to turn a one-quarter-slump into a recession.
Japanese policymakers...

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Nissan Launches $90m Lawsuit Against Former Chairman Carlos Ghosn

  • Category:Other
THE GUARDIAN
 
Japanese carmaker seeking damages for ‘corrupt’ actions by ex-boss who fled to Lebanon
Nissan is suing Carlos Ghosn for $90m (£70m), stepping up the legal battle against its former chairman after his arrest and dramatic flight from Tokyo to Lebanon.
The Japanese carmaker said it wa...

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Nissan To Shut Japan Factory Due To Shortage Of Chinese Parts

  • Category:Event
BBC
 
Nissan is the latest car maker to temporarily shut one of its factories as it can't get parts from China.
The firm will halt production for two days at a plant in Japan which makes the Serena and X-Trail models.
Global car brands are facing similar disruptions as much of China's manufacturi...

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Chinese Visitors Spend ¥1.8 Trillion in Japan in 2019

  • Category:Tourism
NIPPON.COM
 
Preliminary figures show that 9.6 million Chinese people visited Japan in 2019, a new record high, equating to one-third of total visitors that year. The number has increased tenfold since 2007, when Japan had 940,000 Chinese visitors, with a significant rise from 2014 onward.
 
Spen...

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Japan Railway Glitch Halts Credit Card Ticket Purchases Nationwide

  • Category:Event
KYODO NEWS
 
TOKYO - Railway firms including East Japan Railway Co. and West Japan Railway Co. experienced a technical glitch with their ticketing system Monday morning that temporarily prevented credit card purchases, their ticketing system management company said.
Cash purchases and Central Jap...

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