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Nissan Scraps Rule That Gave Ghosn Power To Decide Executive Pay

  • Category:Event
JAPAN TODAY
 
TOKYO - Nissan Motor Co has scrapped a company rule that effectively gave its former Chairman Carlos Ghosn discretion over executive pay, following criticism it may have allowed him to engage in alleged financial misconduct, sources close to the matter said.
As part of its efforts t...

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Amid Global Market Volatility, Japan May End Up Being One Of The Best Bets In 2019

  • Category:Event
CNBC
 
Japan faces fewer micro and macro economic issues compared to the U.S., Europe and China — and might end up being one of the best bets in 2019, according to Viktor Shvets, the head of Asian strategy for Macquarie's commodities and global markets team.
Amid global market volatility and slow...

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Hitachi To Buy Majority Stake In ABB's Power Grid Arm For $6.4 Bil

  • Category:Other
JAPAN TODAY
 
TOKYO  -  Japan's Hitachi on Monday announced plans to buy a majority stake in the power grid business of Swiss-Swedish engineering giant ABB for $6.4 billion, in what would be its biggest ever buyout.
The deal would make Hitachi the world's largest power grid company, local media s...

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Softbank Corp Shares Slide 10% On Debut After Record Japan IPO

  • Category:Other
THE STAR ONLINE
 
TOKYO: SoftBank Corp shares slumped more than 10 percent in their debut on Wednesday, as investor appetite for Japan's biggest ever IPO was hurt by a recent major service outage and worries over its exposure to Chinese telecom gear maker Huawei.
Following its $23.5 billion initi...

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Nissan Board Meets But No Chairman Picked To Replace Ghosn

  • Category:Other
THE JAPAN NEWS
 
 
YOKOHAMA (AP) — Nissan’s board met Monday but failed to pick a new chairman to replace Carlos Ghosn, who was arrested last month on charges of violating financial regulations, saying more discussion was needed.
Nissan Motor Co. Chief Executive Hiroto Saikawa told reporters that...

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Philippines' First LNG Terminal Sought By China And Japan

  • Category:Event
NIKKEI ASIA
 
Manila prepares to import the fuel as its gas fields run dry
MANILA/BEIJING/TOKYO -- The Philippines has become a new front in China and Japan's infrastructure rivalry as companies from both countries bid to build the archipelago's first liquefied natural gas terminal.
In the past f...

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Visitors To Japan In ’18 Set To Hit 30 Million

  • Category:Other
THE JAPAN NEWS
 
TOKYO (Jiji Press) — The number of visitors to Japan in 2018 is expected to reach 30 million as early as next week, tourism minister Keiichi Ishii said Friday.
It would be the first time for Japan to have 30 million visitors in a year.
Speaking at a press conference, Ishii said, ...

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Amazon Japan And Mercari Join Japan’s Top Business Lobby Keidanren

  • Category:Other
JAPAN TIMES
 
Amazon Japan, a unit of U.S. online retail giant Amazon.com Inc., and flea market app operator Mercari Inc. joined Keidanren, Japan’s top business lobby, on Friday, the organization said.
Keidanren, mainly consisting of major manufacturers as its members, is apparently looking to re...

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EU-Japan Trade Deal Approved For 2019

  • Category:Other
INDEPENDENT ONLINE
 
INTERNATIONAL – European Union and Japanese plans to form the world’s largest free trade area cleared their final hurdle on Wednesday when EU lawmakers backed a partnership set to enter force early next year.
The European Parliament voted 474 in favour to 156 against the agre...

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Japanese Firms See Trade War, Sales Tax Pressuring Economy In 2019: Poll

  • Category:Other
JAPAN TODAY
 
TOKYO  -  Most Japanese firms expect flat or weaker domestic growth next year and are even more pessimistic about global growth amid concerns over the impact of the U.S.-China trade war and a planned sales tax hike at home, a Reuters poll shows.
"There's no doubt the sales tax incre...

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