Heavy rainfall is disrupting Toyota production in Japan. Toyota has said around 5,200 units of production have been cut due to ‘adjustments to some domestic plants due to the difficulty of procuring ... ( read original story ...)
China’s Property Bubble Burst Could Be Far Worse Than Japan’s
The decline in property sales comes at a time when some homebuyers refuse to repay loans for unfinished properties, magnifying the liquidity problem of the industry. ( read original story ...)
Japan’s Nikkei gives up gains as Denso outlook sours sentiment
Shares of Denso, a major supplier to Toyota Motor Corp, slipped 5.2% after the company lowered its operating profit forecast for the current business year by 14%.Toyota edged up 0.56% but rival Honda ...
Japan: monthly activity data suggests GDP will rebound in the second quarter
Monthly activity data for June came as a surprise to the market. Better-than-expected industrial production supports a rebound in manufacturing ...
Japan’s Inflation Not Mainly Caused by Weak Yen, ADB’s Asakawa Says
It goes a step too far to say a weak yen is the main reason for explaining why prices in Japan are rising, Asian Development Bank (ADB) President Masatsugu Asakawa said on Friday. The major factors ...
Japan’s Suzuki: Closely watching fx moves with sense of urgency while working with BOJ
Japanese Finance Minister Shunichi Suzuki said on Friday that they are closely watching fx moves with a sense of urgency while working with the Bank of Japan (BOJ). He declined to comment on ...
Tokyo reports 36,814 COVID cases on July 29
Japan's capital reported 36,814 coronavirus cases on July 29 after recording 40,406 the day before, the Tokyo Metropolitan Government announc ... ( read original story ...)
Japan’s Sumitomo Mitsui Financial posts 24.2% jump in Q1 net
TOKYO (Reuters) -Japan's second-largest bank ... profit as improved economic conditions helped boost its main lending business. Profit was 252.4 billion yen ($1.90 billion) in the April-June ... ( read original story ...)
Crypto Must Overcome Its Perceived Illegitimacy To Scale
In recent weeks, near unprecedented bitcoin volatility has sparked a firestorm of debate as pundits and investors argue about the value, monetary and otherwise, of cryptocurrency.
Nintendo Supplier Withdraws Outlook Citing Chips Uncertainty
Hosiden Corp., a major assembler of Nintendo Co.’s Switch console, withdrew its fiscal year sales forecast citing difficulties procuring electronic components.Most Read from BloombergRockstar Games ...
Japan’s Sumitomo Mitsui Financial posts 24.2% jump in Q1 net profit
Sumitomo Mitsui Financial Group Inc , Japan's second-largest bank, reported on Friday a 24.2% increase in first-quarter net profit as improved economic conditions helped boost its main lending ...
Japan’s industrial output up for 1st time in 3 months
New economic data from Japan suggests the country's manufacturing sector is turning a corner. The industrial output index rose in June for the first time in three months. ( read original story ...)
Jokowi Brings Back $11.9b in Investments from Japan, S. Korea
Japan and South Korea have been Indonesia's major sources of foreign direct investments in the past few years. ( read original story ...)
Japan looks to regions to mount COVID fight as variant spreads
Japan is encouraging regional authorities to take their own counter-measures against the spread of a new coronavirus variant that has sent cases surging to record levels but there is no plan for any ... ( read original story ...)
Japan To Allow COVID-Fighting Measures By Regional Authorities
Japan could announce as early as Friday plans for a new system to allow regional authorities to take counter-measures against the spread of a new ... ( read original story ...)
Japan rules out travel curbs despite Tokyo’s new Covid-19 cases touching record
Japan is cautiously and slowly reopening its borders. It has set a daily cap on visa entries and requires tourists to be on chaperoned tour groups. Despite the resurgence of new Covid-19 cases, PM ... ( read original story ...)