Yamato Bleeding Moving-Service Customers over Billing Scandal
August 26, 2018
Toyko- The recent revelation of overbilling cases involving Japanese logistics company Yamato Holdings Co. is forcing customers of its corporate moving services to seek alternative providers. The Yamato group stopped accepting orders for the moving services after announcing in late
Stocks decline, but peso rallies after hitting low
August 24, 2018
Philippine stocks ended the week lower on Friday and ahead of a holiday on Monday. The peso closed at P53.465 against the US dollar after hitting a low of P53.52. It closed at P53.48 on Thursday. Volume reached $421.05 million
INTERVIEW: Mizuho to Strengthen Financial Services for Individuals
August 24, 2018
Tokyo- Mizuho Financial Group Inc. will strengthen its financial services for individual customers, aiming to build a stable business foundation for further revenue growth, the Japanese megabank group’s president, Tatsufumi Sakai, has said. “We’ll allocate (more of) our management resources
INTERVIEW: Daiwa Sec. to Set Up Joint Brokerage Venture in China
August 24, 2018
Tokyo- Japan’s Daiwa Securities Group Inc. will set up a joint brokerage venture in China with a local firm, President Seiji Nakata has said. “We cannot ignore China, considering the size of its economy,” Nakata said in a recent interview.
Summer Products Sell Well in Japan amid July Heat
August 24, 2018
Tokyo- Summer products sold well in Japan in July as demand was fueled by record-breaking hot weather that baked the nation. Shipments of home air conditioners and nonalcoholic beverages hit all-time highs, while swimming pools were crowded with people looking
Suzuki to End Vehicle Production in China
August 24, 2018
Tokyo- Suzuki Motor Corp. is considering ending vehicle production in China to focus on India, informed sources said Thursday. The Japanese automaker is considering dissolving its joint venture with Chongqing Changan Automobile Co., its last remaining automaking partnership in China,
Japan Starts Discussions on Mobile Phone Rate Cuts
August 24, 2018
Tokyo- Japan’s Internal Affairs and Communications Ministry asked Thursday a council in charge to start discussing mobile phone rate cuts. Due to complaints about mobile phone rates higher than those in Europe and the United States and the large profits
Nikon to Return to Mirrorless Camera Market
August 24, 2018
Tokyo- Nikon Corp. said Thursday that it will release two new models of full-frame mirrorless cameras equipped with a full-size sensor, marking the Japanese company’s comeback to the market. Nikon released entry-level and midrange mirrorless cameras in 2011, but it
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