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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
The Nikkei average plunged to close at its lowest level in about seven weeks on Tuesday, with the market beaten by risk-averse selling in the wake of the firmer yen, setbacks on Wall Street and falling crude oil prices. The average was down 390.45 points, or 2.42 percent, at 15,732.82, ...
In the first broad tie-up by major utilities in the region, four nuclear power plant operators in western Japan will join forces to strengthen safety measures and reduce costs. The post Western Japan utilities plan nuclear safety tie-up to curb costs appeared first on The Japan Times.
The trio of British banking giant HSBC and Swiss institutions UBS and Credit Suisse set up more than 4,500 offshore companies through Panama-based law firm Mossack Fonseca, Le Monde newspaper reported Tuesday. HSBC created 2,300 offshore companies, Credit Suisse has 1,105 and UBS, has 1,100, while France’s Societe Generale has ...
Alaska Air Group Inc. is buying Virgin America in a deal worth $2.6 billion, making Alaska the biggest carrier on the West Coast and reigniting the debate over airline consolidation. The proposed merger also would give Seattle-based Alaska a foothold in key airports in New York and Washington D.C., increasing ...
Privacy has a price. For the super-wealthy, it can also have a big payoff. The use of offshore accounts and favorable laws in certain countries can allow rich individuals and families to keep their money hidden from the eyes of tax authorities, regulators and others in their home country. Here’s ...
The number of vehicles recalled in Japan hit a record-high 18.99 million units in fiscal 2015, largely affected by a global crisis over Takata Corp.’s faulty air bag inflators, the government said Monday. The figure for the year that ended March 31 nearly doubled from the previous record of 9.55 ...
Toyota is forming a new data science company in partnership with Microsoft that’s designed to free customers “from the tyranny of technology.” The company called Toyota Connected has a goal of simplifying technology so it’s easier to use, perhaps even getting rid of distracting and complicated touch screens that now ...
Worldwide orders for the new lower-priced Tesla electric car hit 276,000 over the weekend, surprising even the company’s CEO, who says it may force Tesla to open another factory. CEO Elon Musk posted the number Sunday on his Twitter feed and said if the trend continues, orders could hit 500,000 ...
The government started discussions Monday about welfare and stimulus measures aimed at promoting economic growth ahead of the Group of Seven summit in May. “It is extremely important to present a solid road map toward achieving the ¥600 trillion economy” when the G-7 economies are being asked for a strong ...
The Government Pension Investment Fund is likely to record losses of more than ¥5 trillion for fiscal 2015, which ended Thursday, amid a deteriorating investment environment since January, according to recent estimates by financial experts. The GPIF, one of the world’s largest institutional investors, decided on a major shift in ...
The dollar lost ground and moved around ¥111.50 in Tokyo trading on Monday, due to position-adjustment selling on the back of stock price drops. At 5 p.m., the dollar stood at ¥111.58-59, down from ¥112.27-28 at the same time Friday. The euro was at $1.1373-1374, down from $1.1382-1383, and at ...
The Nagoya District Public Prosecutor’s Office is set to seek a court order to freeze the assets of two individuals accused in a multibillion-yen currency investment fraud case, informed sources said Monday. The two, including Masaaki Ito, 48, the manager of an investment seminar organizing firm in Nagoya, have been ...
Mitsubishi UFJ Financial Group Inc.’s main lending unit is eyeing further acquisitions in the U.S. and Asia as part of its long-standing aspirations to become one of the world’s leading commercial banks, the unit’s new president said. The U.S. banking market remains a focus because of its size and steady ...
The key Nikkei average extended its losing streak to a fifth session on the Tokyo Stock Exchange on Monday, dampened by the firmer yen against other major currencies. The 225-issue Nikkei average lost 40.89 points, or 0.25 percent, to end at 16,123.27. On Friday, the key market gauge tumbled 594.51 ...
Honda Motor Co. will conduct at least the sixth round of major recalls involving its top-selling Fit compact in less than three years, as the automaker struggles to move past the quality woes that contributed to a change in chief executive officers. The company will recall more than 283,000 Fits ...
Japanese companies have cut their inflation forecasts for the next five years, indicating that even after adopting a negative-rate policy, the Bank of Japan is struggling to persuade businesses that sustained price gains will take hold. Companies are projecting 1.2 percent inflation in five years time, down from the 1.4 ...
The nation’s farmers are set to produce less expensive rice than existing brands to boost exports, following the signing of a Pacific free trade deal that will expose them to fierce foreign competition, farming sources said Sunday. While Japanese rice is recognized for its quality, high prices have hampered any ...
Donald Trump’s prediction that the U.S. economy was on the verge of a “very massive recession” hit a wall of skepticism on Sunday from economists who questioned the Republican presidential front-runner’s calculations. In a wide-ranging interview with the Washington Post published on Saturday, the billionaire businessman said a combination of ...
A government-sponsored committee is recommending standards that could clear the way for commercial drone flights over populated areas and help speed the introduction of package delivery drones and other uses not yet possible, The Associated Press has learned. The Federal Aviation Administration currently prohibits most commercial drone flights over populated ...
This weekend, Foxconn Technology Group’s Terry Gou finally had his moment of victory. On Saturday, Gou and Sharp Corp. President Kozo Takahashi gathered in front of more than 300 reporters at the Osaka-based company’s Sakai plant, flanked by the flags of Taiwan and Japan. They beamed and shook hands as ...
TOKYO - Japan now aims to welcome 40 million foreign visitors annually by 2020 -- double the previous target -- and 60 million by 2030, under a new government tourism strategy.