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Giappone
Toshiba chairman to step down as firm requests one-month delay for earnings report
Toshiba Corp. said Tuesday that Chairman Shigenori Shiga will step down to take responsibility for huge losses linked to its ailing U.S. nuclear power unit. The resignation takes effect Wednesday. The announcement comes after the company asked authorities earlier in the day for a one-month delay in filing its latest ...
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Giappone
Dollar capped at around ¥113.50 in Tokyo trading
The dollar was capped at around ¥113.50 in Tokyo trading late Tuesday, following the resignation of Michael Flynn, one of U.S. President Donald Trump’s closest aides, as his national security adviser. At 5 p.m., the dollar stood at ¥113.55-59, compared with ¥113.53-53 at the same time Monday. The euro was ...
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India Turchia Giappone Vietnam
New Turkish Airlines head; Air France luxury menu; JAL extends Wi-Fi offer
New Turkish Airlines head Turkish Airlines announced Feb. 1 that Mehmet Akay will be taking over as the new Tokyo branch manager. Akay has experience working as the regional commercial manager in Ho Chi Minh City, Vietnam, and the general manager for Southern and Western India. Akay started his career ...
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Giappone
Japan’s export-driven growth on shaky ground amid sluggish domestic demand
After another year of modest expansion, Japan’s export-driven growth may be on shaky ground as uncertainty looms over its trading partners, bolstering the case for measures to improve sluggish demand at home. U.S. President Donald Trump’s protectionist stance on trade and his allegations of currency manipulation are expected to remain ...
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Giappone
Nikkei plunges on Flynn’s ouster
Stocks turned sharply lower Tuesday, weighed down by the yen’s rise following the resignation of U.S. President Donald Trump’s national security adviser. The Nikkei 225 average lost 220.17 points, or 1.13 percent, to finish at 19,238.98. On Monday, the key market gauge rose 80.22 points. The Topix, covering all first-section ...
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Giappone Taiwan
Under Hon Hai, Sharp looks to expand LCD operations
Struggling electronics maker Sharp Corp. is starting to focus on expanding its business operations, six months after coming under the umbrella of Taiwan’s Hon Hai Precision Industry Co. In October-December last year, Sharp posted a group net profit of ¥4.2 billion, returning to the black for the first time since ...
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Giappone
Sears, Kmart pull Trump products from online stores
Sears and Kmart have evicted “a very small number” of Trump-branded items from their online stores, but they haven’t specify how many and are emphasizing that hundreds of products are still available through their third-party online marketplaces. It’s another sign of how companies are trying to tread a careful line, ...
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Giappone
Tokyo startup offers QR code app for those who want to shop like Michael Jackson
In the 2003 documentary “Living With Michael Jackson,” the late King of Pop was filmed shopping for art and furniture in a Las Vegas store, pointing at things he liked and walking out, leaving his handlers to settle the bill. A startup in Japan is trying to make that retail ...
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Giappone
Dubai embraces high-tech travel with people-carrying drone
Up, up and away: Dubai hopes to have a passenger-carrying drone regularly buzzing through the skyline of this futuristic city-state in July. The arrival of the Chinese-made Ehang 184 — which has already had its flying debut over Dubai’s iconic, sail-shaped Burj al-Arab skyscraper hotel — comes as the Emirati ...
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USA Giappone
Key retail CEOs head to Washington to fight Trump-planned border tax
Chief executives of some of America’s largest retailers, including Target Corp. and Best Buy Co. Inc., are headed to Washington this week to make their case that a controversial tax on imports would raise consumer prices and hurt their businesses, according to people familiar with the plan. The group of ...