T>, Japan's top oil and gas company, on Tuesday cut its annual net profit forecast by 93% after first-quarter earnings slumped due to an oil price collapse and as the coronavirus pandemic choked off ... ( read original story ...)
Japan to approve its first antigen test kits despite false negatives
Japan will be approving its first antigen test kits on Wednesday to bolster its testing rate despite imperfections in the results. The Fujirebio tests will take only 30 minutes to process compared ... ( read original story ...)
Japanese Bank Resona to Cut Headcount by 3,100 Over Three Years
Resona Holdings Inc. plans to trim headcount by about 3,100 staff, or almost 10% of its workforce, over three years as the Japanese bank seeks to cut costs to offset dwindling lending profits. ( read original story ...)
Key Japan indicator drops at fastest pace in nine years, signals steep recession
A key economic indicator in Japan fell at the fastest pace since 2011 in March and the government warned of a deep recession as the coronavirus crisis takes a heavy toll on business activity and ... ( read original story ...)
Tokyo Olympics closing 5 souvenir shops; downsizing another
Five official Olympic merchandise shops in Tokyo will close by early June with business hindered by the coronavirus pandemic and the games being postponed until next year, organizers said Tuesday. ( read original story ...)
Japan finance minister says no tax cuts for time being to counter pandemic
Japanese Finance Minister Taro Aso said on Tuesday he was not considering tax cuts, including a reduction in the sales tax, for the time being as a way of easing the economic pain from the coronavirus ... ( read original story ...)
Cambodia’s stock market marks a milestone amid crisis
These include Japanese firms Sumitomo Mitsui Banking Corp. and Orix ... Han Kyung Tae, managing director of Yuanta Securities (Cambodia), the underwriter, said the IPO had been impacted by the ... ( read original story ...)
Japan to approve its first antigen coronavirus test kits on Weds
The Japanese Health Ministry is set to approve antigen coronavirus testing kits on Wednesday, a ministry official said on Tuesday, in a move to boost the number of diagnostic tests available to battle ... ( read original story ...)
Fujitsu Offers Free Access to Intellectual Property Rights to Support Fight Against COVID-19
Fujitsu Limited today announced that as part of its ongoing efforts to mitigate the social and economic impacts of the COVID-19 pandemic, ... ( read original story ...)
Tokio Marine Uses Tractable’s Artificial Intelligence Solution for Auto Claims in Japan
Tokio Marine, the Tokyo-based property and casualty insurer, will use an artificial intelligence (AI) solution to process auto damage across its insurance ... ( read original story ...)
Kuroda says Bank of Japan will do ‘whatever it can’ to beat pandemic fallout
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank would do "whatever it can" to combat the growing fallout from the coronavirus pandemic, warning that a collapse in global ... ( read original story ...)
Centara Osaka toasts construction
Centara Hotels & Resorts, a leading hotel operator in Thailand, together with Taisei Corporation and Kanden Realty & Development have broken ground on construction of the 34-storey Centara Grand Hotel ... ( read original story ...)
Mazda seeks $2.8B loan from Japanese banks, Nikkei says
Mazda Motor Corp. requested a $2.8 billion loan from Japanese banks amid a plunge in demand for vehicles and plant shutdowns, Nikkei reported on Saturday. ( read original story ...)
Deflation Risk Generating Growing Concern at Bank of Japan
Bank of Japan board members are increasingly concerned that Japan could slip back into deflation, according to a summary of viewpoints from the April policy meeting. ( read original story ...)
Carlos Ghosn: Seven charged over Nissan boss’s escape from Japan
Turkish prosecutors have charged seven people with helping Carlos Ghosn, the former Nissan boss, to flee Japan, where he had been charged with stealing $9 million from the company, Britain’s biggest ... ( read original story ...)
Our world in photos: May 11
TOP BROOKLYN NEWS News for those who live, work and play in Brooklyn and beyond Leave this field empty if you're human: ... ( read original story ...)