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SHUTTERED JAPAN BUSINESS
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...- Gulf war batters India's glass heartland, testing New Delhi's manufacturing driveFirozabad, India's Glass City, faces a crisis. War in the Middle East disrupts gas supply, halting glass furnaces and leaving thousands job...
- Nippon Steel says expects to close US Steel takeover by end of 2024Despite opposition from both President Biden and President-elect Trump, Japan's Nippon Steel remains optimistic about finalizing its acquis...
- SoftBank's Masayoshi Son says AI will surpass human intelligence in a decadeIt will affect every industry, from transportation and pharmaceuticals to finance, manufacturing, logistics and others, and the companies a...
- What does a new state of emergency mean for Japan?The month-long declaration is not nationwide. It affects four neighbouring areas that account for much of the rise in Japan's caseload: Tok...
- AirAsia gives clear indication of India joint venture exitThe group said in a statement that its operations in India, like those of its now-shuttered Japan business, have been draining cash and add...
- Japan's economy exits recession as GDP grows 5.0% in Q3A rise in domestic demand as well as exports helped drive the quarter-on-quarter growth, after the coronavirus pandemic and a consumption t...
- Japan's economy shrank more than estimated in Q2The world's third-largest economy shrank 7.9 percent in the second quarter of this year from the previous quarter, more than the initial 7....
- Warren Buffett’s 1977 letter hints at why he likes Japan trading housesWhile Buffett has offered few details on what attracted him to names like Itochu Corp. and Mitsui & Co., investors could do worse than look...
- Apple to start reopening stores in Japan this weekIn a statement confirming the Japan openings, Apple reiterated that stores will require temperature checks at the door, social distancing a...
- Asia shares jump but pandemic hangs heavy over outlookChinese shares started firm with the blue-chip index up 0.7 per cent.
- Nike, Under Armour to close all US stores due to coronavirusUnder Armour will shutter all of its stores in North America from Monday for about two weeks, while Wisconsin-based apparel retailer Lands ...
- A look at how GST was rolled out in other countriesJapan introduced consumption tax in 1989 at a rate of 3%. In 1997 this increased to 5% and Japan went into recession. In 2012, Diet doubled...
- Suzuki to file for bankruptcy in US, to focus on motorcyclesThe Japanese firm has focused its attention on emerging markets including India where its profitable Maruti Suzuki JV is the nation's bigge...
- Japan evacuation may force Hitachi to close plantsWorkers are unable to go within 20 km of the tsunami-hit Fukushima plant due high radiation risk.
- Sony to freeze salary amid global downturnSony Corp. said Thursday it will impose a salary freeze on its full-time workers in Japan for one year to cut costs as the electronics gian...
- Sharp cuts 380 Japan jobs on global slumpSharp Corp is cutting 380 jobs - all temporary workers - at its Japanese plants and shuttering some assembly lines making flat panels to co...
- Met coke business in the Indian marketGanesan Natarajan, President & CEO, Ennore Coke Ltd, discusses about international steel and coking coal market.
- Toyota considering new Japan plantToyota Motor Corp is looking into a plan to build a new auto assembly plant in Japan, its first plant in its home turf in nearly two decade...
- Toyota planning new Japan auto plantToyota Motor Corp. is planning to build its first new auto assembly plant in Japan in nearly two decades, Japanese media reports said Frida...
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