Kobe Steel Chief may quit over data scandal
March 4, 2018
Tokyo- Kobe Steel Ltd. Chairman, President and Chief Executive Officer Hiroya Kawasaki is considering stepping down to take responsibility for a product data manipulation scandal involving the Japanese company, informed sources said Sunday. On Tuesday, Kobe Steel plans to release
Japan conveys concern over tariffs to US
March 4, 2018
Singapore- Japanese trade minister Hiroshige Seko conveyed strong concerns about planned U.S. tariffs on steel and aluminum imports to U.S. Commerce Secretary Wilbur Ross in telephone conversations on Saturday, Seko said. Steel and aluminum imports from U.S. ally Japan have
Biometrics option eyed for casino entry
March 3, 2018
Tokyo- The government is considering allowing the use of biometrics, such as facial and vein recognition, for the personal identification of visitors to casinos that would be opened in Japan, Jiji Press learned Friday. The government has examined the use
Taisei, Kajima officials arrested over Maglev project
March 3, 2018
Tokyo- Public prosecutors arrested two officials of major general contractors Taisei Corp. and Kajima Corp. on Friday for alleged bid-rigging over the Chuo Shinkansen magnetic levitation high-speed railway project. The two are suspected of violating the anti-monopoly law by conspiring,
Ministry to investigate alleged Moritomo document changes
March 3, 2018
Tokyo- Japan’s Finance Ministry said Friday that it will investigate allegations that it had rewritten its documents about a controversial discount sale of state land to private school operator Moritomo Gakuen. “We’ll look into the allegations, eliminating any effect on
Kuroda remark rekindles caution over BOJ stimulus exit
March 3, 2018
Tokyo- A remark by Bank of Japan Governor Haruhiko Kuroda surprised financial market players on Friday, rekindling jitters over when the central bank will start normalizing its monetary easing. “Without doubt we would be considering an exit” from its unconventional
Okinawa urges new minister to reduce US base burden
March 3, 2018
Naha, Okinawa Pref.- Okinawa Governor Takeshi Onaga urged Japan’s new Okinawa affairs minister on Saturday to reduce the southern Japan prefecture’s burden of hosting US military bases. The Japanese government should work on reducing the US military presence in Okinawa,
Toyota to set up JV to develop automated driving software
March 3, 2018
Nagoya- Toyota Motor Corp. said Friday it will set up a joint venture with Denso Corp. and Aisin Seiki Co.later this month to develop automated driving software. The move is designed to accelerate the development of automated driving technology and
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