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Giappone
Nikkei tumbles below ¥19,000 after Trump inauguration
The benchmark Nikkei average fell back to close below 19,000 on Monday, hurt by the yen’s ascent following Donald Trump’s inauguration as U.S. president. The 225-issue Nikkei lost 246.88 points, or 1.29 percent, to finish at 18,891.03 on the Tokyo Stock Exchange, falling for the first time in four trading ...
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Giappone
Keidanren chief urges member firms to hike pay as spring wage talks kick off
Sadayuki Sakakibara, chairman of the Japan Business Federation (Keidanren), urged member companies Monday to increase pay on an annual basis, including bonuses and allowances, as part of this year’s spring wage negotiations, known as shunto. Following the 2015 Christmas Day overwork-related suicide of a 24-year-old female employee at ad giant ...
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Giappone Thailandia
Nissan, Mazda project gains in Thai market share as incentive-linked limit expires
Nissan Motor Co. and Mazda Motor Corp. are projecting they will acquire bigger slices of the Thai vehicle market this year on the back of a gradual rebound expected in local car sales. Thai auto sales remain in the doldrums since surging to 1.43 million vehicles in 2012, when a ...
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USA Giappone Taiwan
Hon Hai chief confirms $7 billion U.S. investment in works
The head of Taiwan’s tech giant Hon Hai Precision Industry Co. confirmed Sunday he is considering a $7 billion investment to make flat panels in the United States in a joint project with Japan’s SoftBank. U.S. President Donald Trump announced before taking office a $50 billion deal by the two ...
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Cina Giappone
China, Philippines agree to cooperate on 30 projects worth $3.7 billion
China has agreed to cooperate with the Philippines on 30 projects worth $3.7 billion focusing on poverty reduction, the two countries said after a meeting in Beijing on Monday. Chinese Commerce Minister Gao Hucheng announced the deals without giving details, saying that this is an “initial batch” of projects that ...
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USA Giappone
Computer glitch grounds domestic flights, United tweets
United Continental Holdings Inc. said a computer disruption caused domestic flights to be grounded, delaying flights throughout the network of the third-biggest U.S. airline. “A ground stop is in place for domestic flights due to an IT issue,” the Chicago-based carrier said in a tweet. “We’re working on a resolution. ...
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Giappone
Samsung blames Note 7 fire fiasco on battery design, manufacturing process
Samsung Electronics Co. said Monday that problems with the design and manufacturing of batteries in its Galaxy Note 7 smartphones caused them to overheat and burst into fire. The announcement of results from the company’s investigation into one of its worst product fiascos comes three months after the flagship phone ...
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Giappone
High hopes: Oregon firm plans Smoke on the Water RV park with pot, for starters
An Oregon company wants to build a pot-friendly RV park. A company that supplies warehouse space for marijuana growers is eyeing property near Lake Selmac in Josephine County. The park will be called Smoke on the Water, Grow Condos Chief Executive Officer Wayne Zallen said. If the project moves forward, ...
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Giappone
Trump set to start renegotiating NAFTA with Mexico, Canada
U.S. President Donald Trump pledged Sunday to begin renegotiating the North American Free Trade Agreement in upcoming talks with the leaders of Mexico and Canada. “We’re meeting with the prime minister of Canada and we will be meeting with the president of Mexico, who I know, and we’re going to ...
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Giappone
Dakota Access-linked Louisiana oil pipeline plan, environmental foes set to face off
Louisiana environmental groups are gearing up for round two in a battle against a proposed 163-mile oil pipeline that would stretch across south Louisiana from Lake Charles through the Atchafalaya Basin and east to St. James. A public hearing last week for a required U.S. Army Corps of Engineers permit ...