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Giappone
Bank trio arranging ¥1 trillion syndicated loan for SoftBank’s acquisition of ARM
Three of the nation’s top banks are considering extending a syndicated loan worth ¥1 trillion (about $9.96 billion) to SoftBank Group Corp. in September so it can finance the takeover of British semiconductor company ARM Holdings plc, sources close to the matter said Thursday. The loan represents a coordinated attempt ...
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Giappone
Narita airport saw customer traffic surge 9% during Bon
Passengers who used Narita International Airport during the Bon holidays rose 9 percent to 1,085,630 compared with the previous year, according to preliminary immigration data released Thursday. The growth reflected the increase chiefly caused by the new “Mountain Day” holiday on Aug. 11 and strength of the yen, the Narita ...
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India Giappone
Monsanto withdraws new GM cotton seed in dispute with India
Monsanto has pulled an application seeking Indian approval for its next generation of genetically modified, pest-resistant cotton seeds, it said Thursday, sharply escalating an ongoing row with the Indian government. The U.S. agribusiness giant said it withdrew plans to introduce the seeds in July over regulatory “uncertainty,” including a proposal ...
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Giappone
Dollar moves tightly around ¥100.40 in Tokyo
The dollar was stuck in a narrow range around ¥100.40 in Tokyo trading on Thursday, as a wait-and-see mood spread ahead of a speech by U.S. Federal Reserve Chair Janet Yellen. At 5 p.m., the dollar stood at ¥100.41-41, up from ¥100.27-28 at the same time Wednesday. The euro was ...
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Giappone
Tokyo stocks turn modestly lower ahead of Yellen speech
Stocks retreated moderately on the Tokyo Stock Exchange on Thursday, dampened by a Wall Street setback overnight and position-adjustment selling prior to a speech by the chair of the U.S. Federal Reserve. The Nikkei average lost 41.35 points, or 0.25 percent, to end at 16,555.95. On Wednesday, it climbed 99.94 ...
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USA Giappone
Japan authorizes $2 million for Washington-Baltimore railway study
Kenichiro Sasae, the Japanese ambassador to the U.S., says Tokyo has authorized $2 million to support a feasibility study on building a high-speed railway between Baltimore and Washington, D.C. Sasae made the announcement Wednesday after signing a memorandum of cooperation between Japan and Maryland with Gov. Larry Hogan. The agreement ...
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Giappone
Sony to launch virtual reality video service in Japan
Sony Music Entertainment (Japan) Inc. will start video service for virtual-reality devices as early as this year in partnership with U.S. content provider Little Star Media Inc., the Japanese firm said Wednesday. The new service’s content will include some 7,000 items of news and short dramas from Little Star as ...
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Giappone
As Abenomics loses shine, Japan’s shoppers seek bargains
Three years of so-called Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ confidence to invest or sufficiently raise ...
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Giappone
Fukushima floating wind farm is Japan’s entry into contested sector
Japan’s ambition to lead in the development of floating wind turbines is facing stiff competition from rivals in Europe — most notably from France — as companies and governments press to lower costs and prove that the technology can rival other sources of clean energy. At the center of Japan’s ...
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Giappone
Nuclear developers have big plans for small power plants in U.K.
Miniature nuclear power plants could help solve Britain’s looming power crunch, rather than the delayed $24 billion Hinkley project, companies developing the technology say. Small modular reactors (SMRs) using current or new technology would be able to produce around a tenth of the electricity created by large-scale projects such as ...