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Tag: business

Posted on 26/12/2024

Japan Airlines Delays Flights After Cyberattack

The airline also temporarily stopped selling tickets for flights departing Thursday, but said that there was no impact on flight safety. ( read original story ...)

Posted on 26/12/2024

Japanese government to invest ¥100 billion in Rapidus in 2025

The government hopes its investment will encourage private funding for the chipmaker, which is building a plant to produce next-generation semiconductors. ( read original story ...)

Posted on 26/12/2024

Japan’s comedian-turned-investor launches fund with ex-Goldman ‘stock geek’

TOKYO: On the face of it, the duo hardly seem fit to inspire confidence as the brains behind Japan's newest stock fund: One, a former comedian and the other, every bit the stereotypical "otaku" geek. ( read original story ...)

Posted on 26/12/2024

Japanese giant Nippon says Rust Belt residents back $15B takeover of US Steel

Nippon President Tadashi Imai told reporters on Wednesday that there is “considerable amount of support for this acquisition” in the Rust Belt. ( read original story ...)

Posted on 25/12/2024

Tokyo stocks rise on auto gains, Chinese shares end lower

TOKYO : Tokyo stocks ended slightly higher today as a weaker yen boosted export-oriented automakers while many investors sat on the sidelines amid the Christmas holiday overseas, reported Xinhua. ( read original story ...)

Posted on 25/12/2024

KKR and Bain each bid more than US$5 billion for Seven & i assets: Sources

TOKYO: Private equity firms KKR and Bain Capital each offered more than US$5 billion in first-round bids for the non-core assets of Japan's Seven & i Holdings, according to people familiar with the ... ( read original story ...)

Posted on 25/12/2024

Japan to compile record $734 bln budget for next fiscal year, draft plan shows

Japan's government is set to compile a record $734 billion budget for the fiscal year from April due to larger social security and debt-servicing costs, adding to the industrial world's heaviest debt, ... ( read original story ...)

Posted on 25/12/2024

Here’s why 3.5 million people in Japan buy KFC for dinner on Christmas day

When you think about a good Christmas dinner, what do you think of? For most people, it's probably a nice ham and some dressing to go along with it. For others? It's probably a nice turkey. ( read original story ...)

Posted on 24/12/2024

Japan finance minister repeats warning against excessive yen selling

Japan Finance Minister Katsunobu Kato reiterated Tokyo's discomfort over excessive foreign exchange moves and put speculators on notice that authorities are ready to act to stabilise a faltering yen. ( read original story ...)

Posted on 24/12/2024

Japan Startups Stocks Set for Longest Rout as Rate Hike Looms

A gauge of Japan’s startup stocks is headed for its longest run of annual losses on record as the threat of higher interest rates adds to a list of issues keeping some investors away from the sector. ( read original story ...)

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

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 ...)

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