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Giappone
Government approves higher savings cap at Japan Post Bank
The government agreed Tuesday to raise the cap on deposits at Japan Post Bank despite fears among small, regional rivals that it will result in an outflow of funds. Savers will be able to stash a total of ¥13 million in future, compared with ¥10 million as of now. The ...
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Giappone
Former Norinchukin Bank boss to replace Mitani at GPIF
The Government Pension Investment Fund, the world’s biggest pension fund, named Norihiro Takahashi, a former senior managing director at a domestic agricultural bank, as president to replace Takahiro Mitani. The $1.25 trillion fund chose Takahashi, 58 and a former managing director at Norinchukin Bank Ltd., as president from April 1, ...
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Giappone
Sony-backed M3 targeting investments in health care startups
M3 Inc., a medical Web portal backed by Sony Corp., is embarking on a plan to step up investments in health care startups at home and abroad. “Our targets are small firms in the areas such as regenerative medicine, medical devices, digital health care and robotics for medicine in Japan, ...
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Giappone
Japan’s white goods shipments up for 10th straight month
Shipments of white goods in February grew 10.7 percent from a year before to ¥168.4 billion, up for the 10th straight month, the Japan Electrical Manufacturers’ Association said Tuesday. The rise chiefly reflected solid sales of energy-saving and high value-added refrigerators. Shipments of white goods are recovering firmly after the ...
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Giappone Regno Unito
ECB, BOJ using rates to push down currencies, King says
The European Central Bank and the Bank of Japan are trying to push down the values of their respective currencies with the use of negative interest rates, former Bank of England Gov. Mervyn King said. “There are clearly limits” to the effectiveness of negative rates, King said Monday. “I think ...
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Giappone
Takata to sell most of its shares in other firms
Embattled air bag manufacturer Takata Corp. plans to sell most of its shares in other companies, including automakers, as it covers the costs of recalling defective air bags, informed sources said Tuesday. As of the end of March last year, Takata held shares in Honda Motor Co., Toyota Motor Corp., ...
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Giappone
Startup adds eye-tracking technology to virtual reality
No more fiddling with remote-controller buttons or a mouse. Just look. San Francisco-based startup Fove has developed eye-tracking for virtual reality — that kernel of technology many feel is key for the illusion of becoming immersed in a setting. Glance, and a video-game character talks back. Or use a death ...
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Giappone
Most Toyota vehicles sold in U.S. to have automatic braking by 2017
Toyota Motor Corp. says it will make automatic emergency braking standard on almost all Toyota and Lexus models sold in the U.S. by the end of 2017. Toyota’s announcement Monday came days after the U.S. government announced a voluntary deal with 20 car companies to make automatic braking standard on ...
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Giappone
Apple unveils small new iPhone, iPad, price cuts; Cook stands firm on FBI showdown
Apple unveiled a small new iPhone, a new iPad tablet for business use and price cuts for its Apple Watch at a product event Monday. The announcements, which were largely expected, aim to keep up the company’s commercial momentum in the face of mounting challenges. The company could use a ...
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Giappone
Airbus test flies its first U.S.-built jetliner over Gulf
European aircraft maker Airbus is conducting a test flight for its first airplane made in the United States. A twin-engine A321 passenger jet took off Monday from the company’s new assembly plant at Brookley Field in Mobile, Alabama. Airbus says the three-hour flight over the Gulf of Mexico will include ...