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India
Korea, India hold meeting to expand economic cooperation
South Korea's finance ministry said Friday that it held a meeting with its Indian counterpart and discussed ways to bols
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Giappone
Tokyo stocks fall further on position-adjustment selling
Stocks lost further ground on the Tokyo Stock Exchange Friday, pushed down by position-adjustment selling ahead of the weekend. The 225-issue Nikkei average lost 153.96 points, or 0.81 percent, to close at 18,909.26, the lowest finish since Feb. 9. On Thursday, the key market gauge shed 154.26 points. The Topix ...
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Giappone
Japan’s February industrial output rose 2% on brisk auto production
Japan’s industrial output rose 2.0 percent in February from the previous month to a three-year high, reflecting robust growth in the vehicle and industrial machinery sectors, government data showed Friday. The better-than-expected reading followed a revised 0.4 percent fall in January. In a nod to relatively solid output forecasts, the ...
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Giappone
Toyota and four other automakers recall 1 million more vehicles with Takata air bags
Five carmakers including Toyota Motor Corp. are recalling an additional 1.04 million vehicles in Japan equipped with air bags made by Takata Corp., the transport ministry has said. The move, announced Thursday, brings the total number of cars recalled in the country over the potentially defective air bag inflators to ...
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Giappone
Toyota lets AI loose on hunt for cheaper fuel cells
Toyota Motor Corp. is betting the keys to longer-range electric cars and cheaper fuel cells may lie in machines that act like humans. The carmaker’s Toyota Research Institute is pledging $35 million over the next four years toward putting artificial intelligence to work on identifying new materials that can be ...
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Giappone
Spotlight on BOJ moves from monetary policy to market operations
Last year, attention on the Bank of Japan focused squarely on its nine-member board and the thinking of key officials at the monetary affairs department. After six months of monetary policy on cruise control, and little prospect of change in 2017, the spotlight has turned to the financial markets department ...
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Giappone
JNR privatization delivered mixed bag for current-day operators
The Japanese National Railways breakup and rebirth into seven Japan Railways Group companies 30 years ago — a grand scheme that privatized the state-run train services — has delivered a mixed bag of results for operators dealing with the legacy. In a shift in focus to profit generation, from the ...
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Giappone
Toshiba’s U.S. unit bankruptcy dims Japan’s nuclear ambitions
The bankruptcy filing by Toshiba Corp.’s U.S. nuclear unit highlights the tough business climate in the sector and the scale of the challenge Japan faces in seeking to sell its nuclear technology abroad. Westinghouse Electric Co. filed for Chapter 11 bankruptcy protection on Wednesday as its Japanese parent rushed to ...
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Giappone
Japan’s unemployment rate falls to 22-year low of 2.8% in February
Joblessness in Japan falls to 2.8 percent, the lowest in more than 22 years, as consumers remain reluctant to spend their hard-earned yen. The post Japan’s unemployment rate falls to 22-year low of 2.8% in February appeared first on The Japan Times.
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Giappone
Trump University suits face final hurdle to settlement as some plaintiffs want more, and apology
President Donald Trump faces one last hurdle to ending nearly seven years of lawsuits over his now-defunct Trump University when a judge decides Thursday whether to approve a $25 million settlement with former customers who claimed they were duped by failed promises to learn success in real estate. When attorneys ...