Tag: business

Nissan Motor shares slumped 6% in Tokyo trade Friday, a day after the Japanese automaker said it would cut 9,000 jobs and a fifth of its manufacturing capacity as it struggles with sales in China and ... ( read original story ...)

Mitsubishi Motors after burning through 448.3 billion yen (S$3.87 billion) in cash Read more at straitstimes.com. ( read original story ...)

The Finance Ministry intervened on July 11 and 12, spending ¥3.17 trillion and ¥2.37 trillion respectively to prop up the yen. ( read original story ...)

Japan’s financial regulator is urging Nomura Holdings Inc. to examine the cause of an alleged robbery and attempted murder committed by a former employee, and to formulate measures to prevent similar ... ( read original story ...)

Japanese household spending fell in September for the second straight month, government data showed on Friday, as higher prices choked consumers' appetite in a discouraging sign for the central bank's ... ( read original story ...)

Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned. ( read original story ...)

is already planning meetings for US and South Korean business leaders with US Congress members and think tanks in December. Over in Japan, Dr Minohara said Tokyo will need to reinforce its ... ( read original story ...)

Japanese trading house Itochu on Wednesday posted 438.4 billion yen ($2.9 billion) in net profit for the six months to end-September, up 6% from a year earlier, on non-resource items including food ... ( read original story ...)

Nippon Steel, Japan's biggest steel maker, revised on Thursday its full-year net profit forecast for the fiscal year ending in March to 310 billion yen ($2 billion) from a previously expected 340 ... ( read original story ...)

The Japanese and Polish governments will on Thursday sign a memorandum of understanding on cooperation in nuclear energy, Poland's industry ministry said. ( read original story ...)

"The strength of performance in the Japanese service sector came to an abrupt halt at the start of the fourth quarter," said Usamah Bhatti, economist at S&P Global Market Intelligence, adding that the ... ( read original story ...)

“The financial markets reaction is not surprising,” said Bart Wakabayashi, a Japan representative and Tokyo branch manager, State Street Bank and Trust. “Given the polling, I’m not surprised.” Trump ... ( read original story ...)

Police arrested a 31-year-old business owner Tuesday on suspicion of forcing over 150 women into prostitution at upscale restaurants in Osaka Prefecture in order to pay back massive debt they incurred ... ( read original story ...)

Japan’s Nikkei share average ended at a three-week high on Wednesday (Nov 6), led by chip and defence stocks, while market participants keenly awaited the outcome of the US presidential election. Read ... ( read original story ...)

Japanese trading house Itochu on Wednesday posted 438.4 billion yen ($2.9 billion) in net profit for the six months to end-September, up 6% from a year earlier, on non-resource items including food ... ( read original story ...)

Asia-Pacific markets to open mostly higher on Tuesday as investors monitor the U.S. elections and key policy meetings in China and Japan ... ( read original story ...)