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Category: BUSINESS

Posted on 24/12/2024

Fate of US Steel’s deal with Japan’s Nippon is now up to Biden, sources say

To secure approval for the deal, Nippon pledged to invest billions of dollars in US Steel’s business in critical states ... US Steel has said that the multibillion-dollar investment from its Japanese ... ( read original story ...)

Posted on 24/12/2024

Honda and Nissan Aim to Merge as Global Competition Bears Down

Japan’s second- and third-largest automakers hope the $50 billion deal would help them catch up with Tesla and China’s BYD in electric vehicles and advanced software. ( read original story ...)

Posted on 24/12/2024

Nissan, Honda announce plans to merge, creating world’s No. 3 automaker

Automakers in Japan have lagged behind their big rivals in electric vehicles and are trying to cut costs and make up for lost time. ( read original story ...)

Posted on 24/12/2024

Kilauea volcano erupts in Hawaii, sending lava spewing along summit caldera

Kilauea, one of the world's most active volcanoes, began erupting around 2:30 a.m. local time, according to the U.S. Geological Survey. ( read original story ...)

Posted on 24/12/2024

Nissan and Honda to attempt a merger that would create the world’s No. 3 automaker

Japanese automakers face a strong challenge from their Chinese rivals and Tesla as they make inroads into markets at home and abroad. ( read original story ...)

Posted on 23/12/2024

Honda and Nissan announce plans to merge, creating the world’s third-largest automaker

TOKYO — Japanese automakers Honda and Nissan have announced plans to work toward a merger, forming the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its ... ( read original story ...)

Posted on 23/12/2024

Nissan, Honda expected to announce plans to merge, creating world’s No. 3 automaker

The two companies, and smaller Nissan alliance member Mitsubishi Motors, said their top executives would hold a news conference later in the day. ( read original story ...)

Posted on 23/12/2024

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week

Shares are mostly higher in Asia after U.S. stocks capped a mostly dismal week with a broad rally. Markets saw strong gains in Tokyo, China, Taiwan and South Korea. Honda and Nissan were expected to ... ( read original story ...)

Posted on 23/12/2024

Japan’s bond supply set to reach decade high as BOJ bond purchases slow

The BOJ’s plan to almost halve bond purchases comes as Prime Minister Shigeru Ishiba plans additional spending in an extra budget. ( read original story ...)

Posted on 23/12/2024

Japan’s former Emperor Akihito turns 91

Japan's former Emperor Akihito turned 91 on Monday, spending most of his daily life peacefully while caring for his wife, former Empr ... ( read original story ...)

Posted on 23/12/2024

Japan to issue cease-and-desist order against Google

The Japanese antitrust watchdog found that the U.S. company has forced smartphone makers to install its search app. ( read original story ...)

Posted on 22/12/2024

Japan’s antitrust watchdog to find Google violated law in search case: Report

Japan's competition watchdog is expected to find Google guilty of violating the country's antitrust law, Nikkei Asia reported on Sunday (Dec 22), citing sources. The Japan Fair Trade Commission (JFTC) ... ( read original story ...)

Posted on 22/12/2024

Bankruptcies, suicide rise as Japanese struggle with mounting debt

While Japan is by no means alone in confronting a debt problem, salaries are the lowest of Group-of-Seven countries, and the central bank is raising borrowing costs while its peers cut them ... ( read original story ...)

Posted on 22/12/2024

Products with top sales growth rates in Japan in 2024 reflect lifestyle changes: survey

A ranking of the best-selling everyday items in Japan in 2024 compared to the previous year reflects lifestyle changes brought on after consu ... ( read original story ...)

Posted on 21/12/2024

Scientists know where the big earthquakes will hit. They just don’t know when

A lurch in the Earth’s tectonic plates can wreak havoc at any time – as we’ve just seen in Vanuatu. How do scientists measure quakes, and are we doing enough to prepare? ( read original story ...)

Posted on 21/12/2024

Recovery and hardship a year after the Noto earthquake

It's nearly a year since an earthquake devastated parts of Japan's Noto Peninsula. Reconstruction is making progress, but many people's lives are still upended. ( read original story ...)

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