Sydney – Japan has opened up its marketplace for desk grapes from Australia, scrapping its guidelines limiting grape imports from the nation to 3 varieties after bilateral talks on quarantine requirements. Australian grapes are anticipated to be marketed primarily in winter and spring in Japan, the place grapes are usually seen as an autumn fruit. […] More
Toyota Motor will purchase again ¥806.8 billion ($5.2 billion) price of its inventory from main Japanese banks and insurers as a part of a broader push to unwind strategic shareholdings with monetary companions. Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Tokio Marine Holdings and MS&AD Insurance Group Holdings are tendering their shares at ¥2,781 […] More
Japanese electrical motor maker Nidec raised its full-year working revenue forecast by 4.3% on Tuesday off the again of a restoration in demand for exhausting drive motors amid efforts to lift its profitability and a weaker yen. The firm raised its expectations for working revenue within the monetary yr to the tip of March 2025 […] More
Nippon Steel will dissolve its three way partnership with China’s Baoshan Iron & Steel, it mentioned on Tuesday, ending 20 years of cooperation when their current shareholders’ settlement expires on the finish of August. Nippon Steel will switch its 50% stake within the three way partnership to Baoshan, it mentioned. In a separate assertion Baoshan […] More
U.S. Vice President Kamala Harris will convey continuity to American overseas coverage in Asia — together with on help for the alliance with Japan and countering China — if the front-runner to exchange President Joe Biden because the Democratic Party’s nominee wins November’s presidential election. Harris, 59, is broadly anticipated to clinch the Democratic nomination […] More
Japanese authorities would possibly step into the foreign money market and promote the euro if its alternate fee to the yen nears the ¥180 degree, based on analysts at Citigroup. The euro-yen pair traded as excessive as ¥175.43 on July 11 — a report for the reason that widespread foreign money was launched in 1999 […] More
Homeless influencers, fantasy boyfriends and bubble-era bars — Kabukicho appears to have all of it. More
Hong Kong – China will step by step increase its statutory retirement age, at the moment among the many world’s lowest, to permit individuals to work longer because it struggles to alleviate hovering stress on pension budgets, with many provinces already going through deficits. The reform is pressing, with life expectancy having risen in China […] More
MINAMIBOSO, Chiba Pref. – Bearing torches that lit up the evening as they swam out into the ocean, Japan’s storied ama prayed for an considerable catch in a ceremony that has been held by these feminine free divers for many years. This 12 months, nevertheless, many of the 80 white-clad members within the weekend occasion […] More
Yokohama Rubber has agreed to amass Goodyear Tire & Rubber’s off-the-road tire enterprise for $905 million as a part of the Japanese producer’s international growth plan. The OTR enterprise can be a future progress driver, Yokohama Rubber stated in an announcement concerning the acquisition Monday. In a separate assertion, Goodyear stated it’ll retain the a […] More
Xpeng will deepen its cooperation with German automaker Volkswagen AG, with the 2 pledging to develop a brand new electrical and digital answer for all battery-powered vehicles made in China below the VW model. The Chinese electrical car maker stated on Monday that it has entered right into a technical collaboration settlement with the legacy […] More
Fossil gasoline income are sky-high, as are the prices of local weather change. By subsidizing oil and fuel whereas placing tariffs on inexperienced tech, governments are making issues worst. More
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