HCM City and Osaka treasure closely-knit relationship

HÀ NỘI — Politburo member and Secretary of HCM City’s Party Committee Đinh La Thăng on Thursday attended the opening ceremony of “HCM City days in Osaka 2017” as part of a visit of HCM City’s high-ranking officials to Japan. The event has ... ( read original story ...)

Toshiba will do utmost to avoid Tokyo delisting, says CEO

Japan’s Toshiba will make every effort to avoid being delisted by the Tokyo Stock Exchange ... with billions of dollars in losses from its Westinghouse Electric nuclear business. It reported earnings for the third quarter after missing two previous ... ( read original story ...)

Toshiba warns of its ability to continue as going concern

The nuclear business writedown has pushed Toshiba’s liabilities beyond its level of assets. If the company can’t reverse the situation in the fiscal year just ended, it could face demotion to the second section of the Tokyo Stock Exchange. That would ... ( read original story ...)

Japan not letting failures fail, analysts say

"It's totally unhealthy," says Martin Schulz, an economist at Fujitsu Research Institute in Tokyo. "Japan's business cycle isn't working. When no old companies go out of business, no new ones can come in because there isn't room. The old companies will ... ( read original story ...)

Mitsubishi Electric aims sky-high with space business push

TOKYO -- Mitsubishi Electric will build a new satellite production facility, the company said Friday, as it pivots from defense to offense in the space business to compete with major Western players and lower-priced startups. The Japanese electronics ... ( read original story ...)

Trade ministry wants 'Japan coalition' bid in Toshiba chip sale

Many of the major Japanese electronics companies have exited the semiconductor business because of the heavy financial burden involved. In addition to the instability in the overall performance of semiconductor sales, annual capital investments of between ... ( read original story ...)

Toshiba planning to sell TV business

TOKYO -- Toshiba, which sold the first Japan-made color television in 1960, now appears to want to sell its TV business. Some foreign buyers are said to be showing interest in taking over the unit, according to people familiar with the matter. Potential ... ( read original story ...)

Bitcoin acceptance growing in Japan

If the currency proves a hit in Japan over the next year, other countries may be expected to similarly warm to the currency. John Heggestuen, director of research at BI Intelligence, Business Insider’s premium research service, has compiled a ... ( read original story ...)