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Vai alla Scheda Paese »That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
That’s what the world is, after all: an endless battle of contrasting memories.
— Haruki Murakami
Early last year, big bets started to go wrong for a Japanese giant of toilets and faucets. Founded in a five-firm merger, fattened by a spree of global acquisitions, Lixil Group Corp. was suddenly rocked by a Chinese accounting scandal. After a ¥66.2 billion writedown, Lixil turned to an outsider ...
The Tokyo Commodity Exchange on Tuesday put into operation a new trading system that includes extended hours to permit trading at times when economic data is announced. It will also facilitate higher-speed transactions. It is the first such upgrade for the exchange since May 2009, aiming to improve convenience for ...
Countries that provide bilateral credit lines to the International Monetary Fund want the power to veto loans drawn from those precautionary arrangements, according to people familiar with the discussions. The IMF has been in talks with more than 30 countries that made available $393 billion to the fund in 2012 ...
A panel of experts will discuss reforms at Tokyo Electric Power Company Holdings Inc., including the costly plans to scrap its Fukushima No. 1 nuclear power plant, Industry minister Hiroshige Seko said Tuesday. The costs of decommissioning the plant, ravaged by the 2011 triple meltdown, is expected to far exceed ...
Embattled air bag supplier Takata Corp. is moving forward with an auction of the company as private-equity firms and car parts makers line up offers. Suitors include Carlyle Group LP, which is working with Chinese-owned air bag manufacturer Key Safety Systems Inc.; Daicel Corp., a Japanese manufacturer of air bag ...
Here’s what’s wrong with the world economy: No nation has the will or the way to be the locomotive for global growth. The Federal Reserve looks set to hold off from raising interest rates again this week partly because of concerns that such a move would drive up the dollar ...
Bitcoin qualifies as money, a federal judge ruled on Monday, in a decision linked to a criminal case over hacking attacks against JPMorgan Chase & Co. and other companies. U.S. District Judge Alison Nathan in Manhattan rejected a bid by Anthony Murgio to dismiss two charges related to his alleged ...
Gas prices spiked and drivers found “out of service” bags covering pumps as the gas shortage in the South rolled into the work week, raising fears that the scattered disruptions could become more widespread. The shortage is blamed on a pipeline rupture and leak of at least 252,000 gallons (954,000 ...
Prime Minister Shinzo Abe urged the U.S. government on Monday to win congressional approval for the Trans-Pacific Partnership free trade pact “as soon as possible” to ensure early implementation of the 12-nation deal. “Japan and the U.S. must each obtain domestic approval of the TPP as soon as possible for ...
Two Samsung Galaxy Note 7 smartphones reportedly have caught fire in China, in potentially the first such incidents in the world’s largest smartphone market. Samsung Electronics said it was investigating one of the reported cases. The South Korean firm had earlier said Galaxy Note 7 smartphones sold in China were ...
anila Philippine casino mogul Enrique Razon is pushing ahead with plans to build a 20 billion peso ($418 million) resort in Manila, undeterred by President Rodrigo Duterte’s crackdown on gambling. The chairman and founder of Bloomberry Resorts Corp. said construction of the company’s second casino, in Quezon City in the ...
It has been a year since Volkswagen admitted to fitting millions of cars with cheating software to dupe emissions tests, plunging the German auto giant into one of the biggest scandals ever to hit the industry. Billions of dollars in compensation later and mired in legal woes and mass recalls, ...
One year ago, Volkswagen’s cheating on emissions tests for millions of its diesel cars erupted into public view, leaving the mammoth carmaker battling an unprecedented crisis. Barely a week has passed since that has not seen a fresh twist in the saga, which has tarnished Germany’s proud auto industry and ...
The Japanese government will relax its regulation on the foreign tourist guide licensing scheme as a way to attract more foreign tourists to its country, the Nikkei reported on September 18. This is a measure designed to increase the inbound tourist number to more than 20 million this year and ...
Amid poor export prospects, Thai exporters are being warned of looming strict trade standards on food safety, sanitation and the environment, notably from the US, the EU and Japan.
Sumitomo Mitsui Trust Bank is stepping up marketing efforts for a trust product it launched a year ago to help protect assets of elderly people from remittance fraud and other crimes. Money put into trust for the product cannot be withdrawn unless there is consent from the clients’ relatives designated ...
SEOUL - Samsung Electronics said Sunday it had sold shares it held in four technology companies including US chipmaker Rambus and Japan's Sharp to free up money and focus on its main business.
Tens of thousands of people protested in European cities on Saturday against planned free trade deals with the United States and Canada that they say would undermine democracy and lower food safety, environmental and labor standards. Organizers — an alliance of environmental groups, labor unions and opposition parties — said ...
Turkmenistan opened a $2.3 billion air terminal at Ashgabat International Airport on Saturday as part of its bid to become an international transport hub and offset a plunge in traditional revenues from gas exports. The Central Asian desert nation of 5 million has a strict visa policy and only attracts ...
Takata Corp., the embattled Japanese air-bag supplier that’s put itself up for sale after triggering the auto industry’s biggest safety recall, aims to shortlist two to three candidates by October, according to people familiar with the process. Bidders for Tokyo-based Takata have been asked to submit their proposals by early ...
IMMIGRATION policies being considered by the Abe administration could result in a doubling of foreign workers in Japan, which is struggling with an ageing society and a dwindling labor force. The post As Japan ages, Tokyo eyes doubling foreign workforce appeared first on Asian Correspondent.