Trucks, Buses in Japan Going Electrified
August 14, 2018
Tokyo- Japanese truck and bus makers are focusing more on supplying electrified vehicles as the government is pushing to reduce greenhouse gas emissions from automobiles. Hino Motors Ltd., a commercial vehicle arm of Toyota Motor Corp., plans to launch its
Don Quijote Interested in Seiyu Acquisition: Pres. Ohara
August 14, 2018
Tokyo- Koji Ohara, president of discount store operator Don Quijote Holdings Co. on Monday indicated that the company will positively consider acquiring Japanese supermarket chain Seiyu G.K., a unit of U.S. retail giant Walmart Inc. Walmart is reportedly mulling the
3 Japan Entities to Invest in U.K. Offshore Wind Power Biz
August 14, 2018
Tokyo- Electric Power Development Co. or J-Power, and Kansai Electric Power Co. said Monday that they will join a large wind power plant project being undertaken off Britain by major German power firm Innogy SE. The two Japanese firms, as
Investment in Precious Metals Increasingly Common in Japan
August 13, 2018
Tokyo- Investment in gold and other precious metals is increasingly common in Japan, with some using them as safe-haven assets or to hedge risks. Precious metals are assets that are valuable in themselves and different from shares in companies that
Pay Cut for Mitsubishi UFJ Morgan Stanley Execs over Ex-Worker’s Wrongdoing
August 13, 2018
Tokyo- Mitsubishi UFJ Morgan Stanley Securities Co. said Monday that five of its executives will voluntarily have their pay cut to clarify responsibility for the manipulation of Japanese government bond futures prices in August last year by a then employee.
Stock index down by at least two percent
August 13, 2018
Philippine stocks fell on Monday, as the main share index shed more than two percent. The peso declined to P53.37 against the US dollar from P53.135. Volume reached $786.4 million from Friday’s $664.3 million. The Philippine Stock Exchange index finished
INTERVIEW: Ex-Chairman Rules out Financial Aid to Otsuka Kagu
August 13, 2018
Tokyo- Katsuhisa Otsuka, the founder and former chairman of Otsuka Kagu Ltd. has rejected the possibility of giving financial support to the struggling Japanese furniture retailer. “That will never happen,” Otsuka said when asked about possible financial assistance to his
Otsuka Kagu in Tie-Up Talks with Taiwanese Group
August 13, 2018
Tokyo- Struggling Japanese furniture retailer Otsuka Kagu Ltd. is negotiating a tie-up with Taiwan’s Abico Group in hopes of achieving a turnaround, informed sources have said. Otsuka Kagu aims to obtain financial and business assistance from a number of Taiwanese
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