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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
Toshiba Corp. is under investigation by the United States over allegations that it hid $1.3 billion (¥146 billion) in losses at its nuclear power operations, according to two people familiar with the matter. The firm’s shares plunged in Tokyo. The Justice Department and the Securities and Exchange Commission are looking ...
Japan’s top air conditioner maker hopes a giant billboard of its mascot, Pichon-kun, will take the city of Osaka by storm this spring. The 13-meter-tall, 11-meter-wide full-color LED display, set up by Daikin Industries Ltd. on the rooftop of a building in the Umeda district on Wednesday, will show the ...
Hitachi Ltd. has opened a train manufacturing plant in Miami, its first in the United States, to build Metrorail vehicles for the area. Hitachi Rail USA will build 136 cars at the factory to replace Miami-Dade County’s Metrorail fleet beginning this month, the Tokyo-based company said in a statement Thursday. ...
After weathering a management crisis with state assistance, Tokyo Electric Power Co. faces the daunting challenge of paying for the lion’s share of an estimated ¥10 trillion in costs associated with the nuclear disaster that started in March 2011. Five years after the nation’s worst atomic crisis erupted, the nationalized ...
Nissan Motor Co.’s Egyptian unit has frozen a plant expansion project in Cairo due to a lack of access to foreign currency that prompted policy changes this week by the central bank to help investors from abroad. Nissan Motor Egypt, the second-largest automaker in the country, has yet to determine ...
Stocks fell for the third consecutive session on the Tokyo Stock Exchange on Thursday, due chiefly to selling of large-cap export-oriented names, reflecting the yen’s appreciation. The Nikkei average lost 38.07 points, or 0.22 percent, to end at 16,936.38. On Wednesday, it fell 142.62 points. The Topix index sagged 1.53 ...
New vehicle sales in fiscal 2016 are expected to rise 6.5 percent more than estimated for the current year to 5.26 million units for the first rebound in three years, an industry body said Thursday. The rebound, however, is being projected on a surge in demand before the second stage ...
The dollar slumped below ¥112 in Tokyo trading on Thursday, as risk-averse players bought the yen following a fall in Japanese stock prices. At 5 p.m., the dollar stood at ¥111.74-76, down from ¥113.66-67 the same time Monday. The euro was at $1.1259-1260, up from $1.1085-1086, and at ¥125.84-84, down ...
Japan is aiming to have 40,000 hydrogen-powered cars on its roads by 2020, with plans for a 20-fold expansion to 800,000 by 2030, according to a report released by the Ministry of Economy, Trade and Industry on Wednesday outlining the future use of hydrogen and fuel cells. While Prime Minister ...
Japan Post Holdings Co. named Masatsugu Nagato as president of the recently listed mail and financial services giant, replacing Taizo Nishimuro following his hospitalization last month. Nagato, 67, will take the post on April 1, the Tokyo-based company said Wednesday. He joined the group as president of its banking unit ...
Fuji Media Holdings Inc. and Fuji Television Network Inc. said they will establish a new company on April 1 by spinning off the broadcaster’s game business unit. The move is a bid to take the upper hand in the game market, which is expected to expand further. It is rare ...
The dollar was firmer around ¥113.50 in Tokyo trading on Wednesday, getting a lift from remarks by Nobel Prize-winning economist Joseph Stiglitz and Bank of Japan Gov. Haruhiko Kuroda. At 5 p.m., the dollar stood at ¥113.66-67, up from ¥113.05-05 at the same time Tuesday. The euro was at $1.1085-1086, ...
Starbucks Coffee Japan Ltd. said Wednesday that it will sell alcoholic beverages, including wine and beer, at an outlet in the Marunouchi business district in Tokyo’s Chiyoda Ward from March 30. Through the service, dubbed Starbucks Evenings, the company hopes to attract more after-work-hours customers. The company has already begun ...
Major Japanese department store operator Takashimaya Co. plans to open an airport-style duty-free shop in Tokyo in a bid to capture the growing tourism market, informed sources said Wednesday. Takashimaya will establish a company to operate the shop jointly with All Nippon Airways Trading Co., a unit of ANA Holdings ...
To understand what Prime Minister Shinzo Abe is up against in trying to spring Japan from the deflationary trap stunting its economy, consider the pushback by its most prominent industrialist Akio Toyoda at the wage negotiating table this month. Toyota Motor Corp. had told its union last week that it ...
Sony plans to make virtual reality — long the stuff of films set in the distant future — mainstream with the October release of PlayStation VR headgear priced at $399 (about ¥45,000). “Virtual reality represents a new frontier for gaming, one that will forever change the way users interact with ...
Stocks lost further ground on the Tokyo Stock Exchange Wednesday, hurt by selling on the back of the yen’s early strength and a fall in crude oil prices, with investors sitting on the fence ahead of a U.S. monetary policy decision. The 225-issue Nikkei average fell 142.62 points, or 0.83 ...
U.S. Nobel laureate and economist Joseph Stiglitz said Wednesday that he had advised Japan’s Prime Minister Shinzo Abe to delay a sales tax increase scheduled for next year and focus more on fiscal spending to boost a recovery from recession. Abe is meeting with foreign economists to help him prepare ...
Three energy giants Tuesday told Germany’s top court that they should be compensated for the nuclear phase-out Chancellor Angela Merkel’s government decided after the Fukushima disaster started five years ago. Energy giants E.ON, RWE and Sweden’s Vattenfall want the Constitutional Court to rule that the move amounted to an “expropriation” ...
Foxconn Technology Group is delaying finalization of its deal for Sharp Corp. to get a clear understanding of the Japanese company’s performance in the current quarter, increasing the chances an agreement won’t be reached this month, according to sources. Foxconn, which agreed to pay more than ¥600 billion ($5.3 billion) ...
Volkswagen AG was sued for €3.3 billion ($3.7 billion) over how the company informed markets about devices used to hide pollution in diesel engines, its biggest legal challenge in Germany to date after a wave of lawsuits in the U.S. on the scandal. The case was filed Monday in Braunschweig ...