Suruga Bank Criticized over Loans at Shareholders’ Meeting
June 28, 2018
Numazu, Shizuoka Pref.- Suruga Bank came under fire at a meeting of shareholders on Thursday over manipulations of documents on the screenings of share house-related loans. At the meeting held in Numazu, Shizuoka Prefecture, central Japan, Mitsuyoshi Okano, chairman and
Fujifilm to Compete with Xerox in Asia-Pacific, U.S., Europe
June 28, 2018
Tokyo- Japan’s Fujifilm Holdings Corp., which is at swords’ points with Xerox Corp. over acquisition, has said that Fuji Xerox Co., a Fujifilm unit partly held by the U.S. firm, will advance into the U.S. and European markets. The planned
Toyota Worried over Planned Add-On Auto Tariffs in U.S.
June 28, 2018
New York- Toyota Motor Corp.on Wednesday voiced concern over a plan by the administration of U.S. President Donald Trump to raise tariffs on imported automobiles to up to 25 pct for national security grounds. The planned tariff hike is “just
AIIB interested in more Philippine projects: DOF
June 28, 2018
The Asian Infrastructure Investment Bank (AIIB) has expressed interest in investing more in the Philippines’ “Build, Build, Build” infrastructure program, citing the government’s sustained efforts to shift to investment-led growth, a statement by the Department of Finance (DOF) said Thursday.
Idemitsu, Showa Shell Expected to Merge
June 28, 2018
Tokyo- Idemitsu Kosan Co.; and Showa Shell Sekiyu K.K.; are expected to merge next spring, as Idemitsu’s top shareholder and a key member of its founding family have dropped their opposition to the deal, informed sources said Wednesday. The largest
TOKYO REPORT: Counterfeit U.S. Bills on the Increase in Japan
June 28, 2018
Tokyo- With tourists from abroad arriving in Japan at record-breaking numbers, more and more counterfeit U.S. currency is entering the country. In October last year, more than 160 counterfeit 100-dollar bills were found to have been exchanged at currency exchange
Online Glitches Hit Japanese Banks
June 28, 2018
Tokyo- Glitches temporarily hit a dozen Japanese banks Wednesday, preventing customers from completing money transfers online. The problems started around 9 a.m. (midnight Tuesday GMT) and were resolved by around 2 p.m. The glitches stemmed from problems with a user
Toshiba CEO Explains Profit-Boosting Plans to Shareholders
June 27, 2018
Chiba- Toshiba Corp. Chairman and Chief Executive Officer Nobuaki Kurumatani explained the company’s plans to improve its earnings when he met with shareholders at an annual meeting on Wednesday. During the meeting, which was held at the Makuhari Messe convention
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