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Giappone
Fully automated vehicles excluded from tests on Japan’s public roads
The first guidelines on public road tests of self-driving vehicles, released Thursday by the National Police Agency, exclude fully automated cars without a steering wheel or driver. The NPA’s recommendations say tests should be conducted with cars that have a driver behind the wheel to ensure safety and compliance with ...
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Giappone
Kansai Electric in power retailing tie-up talks with Panasonic, Joshin Denki
Kansai Electric Power Co. is in tie-up talks with companies including Panasonic Corp. and Joshin Denki Co. on the power-retailing sector, informed sources said Thursday. Kansai Electric plans to enter the power retail market in the Tokyo metropolitan area, the home turf of Tokyo Electric Power Company Holdings Inc. Panasonic ...
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Giappone
Buybacks bring dollar to ¥110
Thanks to a bout of buybacks, the dollar recouped most of its early losses to move around ¥110 in Tokyo trading late Thursday. At 5 p.m., the dollar stood at ¥110.02-03, almost unchanged from ¥110.03-03 at the same time Wednesday. The euro was at $1.1170-1170, up from $1.1145-1146, and at ...
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Giappone
Nikkei rises but upside capped by rise in yen
The Nikkei 225 closed slightly higher Thursday, with its topside limited by the yen’s strengthening against the dollar. The benchmark average edged up 15.11 points, or 0.09 percent, to finish at 16,772.46. On Wednesday it surged 258.59 points. On the other hand, the Topix fell 0.01 point to finish at ...
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Giappone
Takata taps asset management firm Lazard to help recall woes
Money-losing Takata Corp. hired financial advisory and asset management firm Lazard on Thursday to help it tackle financial and other problems amid the company’s massive air bag recalls. Takata air bags can deploy with too much force, spewing shrapnel into the vehicle. They are responsible for at least 11 deaths ...
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Giappone
Seven & I shareholders approve Ryuichi Isaka as chief to lead growth
Seven & I Holdings Co. will focus on revamping the world’s largest convenience store operator and boost value for shareholders, new President Ryuichi Isaka said after shareholders Thursday approved his appointment following weeks of boardroom drama. Shareholders voted to approve the promotion for Isaka, who was backed by billionaire activist ...
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Giappone
FamilyMart-Uny merger plan approved by shareholders
The planned merger of FamilyMart Co. and Uny Group Holdings Co. was approved by their shareholders Thursday, setting the stage for the creation of one of the nation’s largest convenience store operators in September. Following the approval at their respective shareholders’ meetings held in Tokyo, FamilyMart, the country’s third-largest convenience ...
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Giappone Taiwan
Sharp releases portable ‘robot’ phone
Sharp Corp. on Thursday began selling a humanoid robot phone armed with artificial intelligence features and carrying a price tag of ¥213,840 (about $2,000). The electronics maker is producing 5,000 units of the product, called RoBoHoN, per month. The launch of the phone is part of efforts to develop next-generation ...
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Giappone
Hokkaido melons fetch record ¥3 million at season’s first auction
A pair of melons produced in the Hokkaido city of Yubari on Thursday fetched a record ¥3 million ($27,240) in the first auction of the harvest season at a Sapporo wholesale market. The previous highest winning bid price for a pair of Yubari melons, which are a type of premium ...
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Giappone
The whispered numbers that tip off Japan traders have suddenly become taboo
For years, it’s been one of the Tokyo stock market’s biggest open secrets: By the time companies reveal their earnings to the public, the most plugged-in traders have known the numbers for weeks. Their clairvoyance had nothing to do with superior analytical skills, but stemmed instead from the country’s lack ...