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Tokyo’s first Bitcoin ATM arrives… at a bar in Roppongi

  • Category:Other
TECH IN ASIA
 
Despite the recent meltdown of Tokyo-based Bitcoin exchange Mt. Gox, Japan Tokyo has received its first fully-operational Bitcoin ATM. The Robocoin-branded machine, provided by domestic Bitcoin exchange BMEX, was powered on Wednesday night at The Pink Cow, a popular expat bar and r...

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Nissan recalls 52,000 vehicles in U.S. for faulty air bags

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JAPANTODAY
 
Nissan announced Saturday that it is recalling more than 52,000 vehicles for passenger air bags that can explode with too much force and send shards of metal into the passenger compartment.
 
The vehicles have air bag systems made by troubled Japanese supplier Takata Corp. The Nissan...

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Struggling in India, Toyota asks Daihatsu minicar unit to help

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JAPANTODAY
 
Toyota Motor Corp is struggling to crack the affordable end of India’s car market and has called on mini-car affiliate Daihatsu for help - a tacit admission that the Japanese autos giant doesn’t always get it right in emerging markets.
 
A similar partnership between Toyota and 51%-o...

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Mazda to build engine plant in Thailand

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JAPANTODAY
 
Mazda Motor Corp plans to construct an engine plant in the Chonburi Province of Thailand. Operations are expected to begin in the fourth quarter of 2015 when the plant will begin assembling the SKYACTIV-D 1.5 clean diesel engine for the all-new Mazda2 for the Thai market.
 
In Februa...

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Panasonic considering home appliance M&A in Europe

  • Category:Other
JAPANTODAY
 
Japanese electronics conglomerate Panasonic Corp is considering M&A deals to bolster its position in the European home appliance market, its chief executive said on Monday, as it shifts its focus to growth following years of restructuring.
 
“We need a partner who understands the Eur...

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Japan's SMBC orders 80 Boeing planes

  • Category:Other
JAPANTODAY
 
Japanese aircraft leasing giant SMBC Aviation Capital said Monday it has placed an order for 80 Boeing planes in a deal worth up to $8.5 billion.
 
The company, owned by Sumitomo Mitsui Financial Group and trading firm Sumitomo Corp, said its purchase of the 737 MAX 8 aircraft marked...

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Philippines promotes coconut products in Japan

  • Category:Other
GMA NETWORK
 
Philippine officials this week wooed the Japan market for coconut products with a campaign promoting the coconut as the "tree of life."
 
The Philippine Embassy in Tokyo's trade and investment unit and the Philippine Coconut Authority held the Coconut Promotion Seminar at the Embass...

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Profits at Japanese firms approach all-time high, but not everyone is smiling

  • Category:Other
JAPANTIMES
 
Japanese companies are headed toward their highest profits ever, as the falling yen boosts exporters from Toyota Motor Corp. to Uniqlo-operator Fast Retailing Co.
 
Aggregate net income at 195 of the largest listed companies will expand 10 percent to a record ¥17.5 trillion this fisc...

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Japan’s tech firms rush into agriculture business

  • Category:Other
JAPANTIMES
 
A growing number of Japanese information and communications technology firms and manufacturers have entered the agribusiness sector, looking to use their technologies to gain new commercial opportunities at a time when Japan is aiming to make its farming industry more efficient, comp...

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Japanese company Tama Home to build houses in India in JV; to invest Rs 6,000 cr

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INDIATIMES
 
In the first Japanese entry into the Indian property market, Tama Home today announced construction of 12-18 projects at an investment of Rs 6,000 crore in partnership with another firm.
 
Tama Home, listed on the Tokyo Stock Exchange, has an annual sales of Rs 10,000 crore and build...

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