The latest QA related scandal revolves around Japan’s Mitsubishi Materials Corp’s O-Ring sealents which impacts the aircraft and aerospace and nuclear industries. In yet another instance of a quality assurance scandal, Japan’s Nikkei financial daily reported, citing multiple sources, that… Read More ›
Japan
Japan set to be prime destination for hi-tech military hardware
With Japan planning to develop the F-3, a dual use $40 billion fighter jet, UK’s BAE Systems, and U.S. Lockheed Martin, Boeing, and Raytheon are likely to reap in huge contracts for not only developing the F-3 but also for… Read More ›
South Korea and China mend ties ahead of Trump’s visit to Asia
The detente in the relationship comes after China officially delinked the difficult conditions South Korean companies operating in China had to suffer since the spat with South Korea’s Blue House saying “China repeated this stance during discussions, saying difficulties faced… Read More ›
Envoys from South Korea and China meet to discuss threats posed by North Korea
South Korea, China and Japan have high stakes if the North Korean threat goes north. The economic and humanitarian costs of a confrontation will be significant, especially for South Korea. Officials from South Korea’s foreign ministry are set to meet… Read More ›
Kobe Steel revises downwards its full year profit forecast
In the wake of its widespread data falsification scandal the embattled Japanese steelmaker has taken several steps, including revising its full year revenue forecast. On Monday, Japanese business daily Nikkei reported, embattled Japanese steel company Kobe Steel Ltd, as having… Read More ›
Boeing and Mitsubishi Heavy Industries Ltd agree to cost cutting measures for the Boeing 787 Dreamliner
The move is not only in line with U.S. President Donald Trump’s efforts to shift manufacturing back to the United States but also has material cost savings factored in it. On Monday, Japan’s Mitsubishi Heavy Industries Ltd (MHI) and Boeing… Read More ›
Nissan – Japan’s second biggest automaker again in the dock for vehicle inspection misconduct
As per sources, uncertified technicians continued to certify final vehicle inspections as late as October 11. On Wednesday, as per two sources with direct knowledge of the matter at hand, despite reports of widespread misconduct at its factories in Japan,… Read More ›
Second round of U.S.-Japan economic dialog to be held on Oct. 16 in Washington
The economic dialog between the two of the biggest economies could potentially deepen U.S.-Japan economic relations. On Monday, the United States and Japan are likely to hold their second economic dialogue on October 16 in Washington, said a source familiar… Read More ›
North Korea’s ICBM flies over Japan and lands far out into the Pacific ocean
With this latest launch North Korea has demonstrated it has hydrogen bomb making capabilities as well as the vehicle to deliver them to its enemies. Since its every launch create a rumble in markets worldwide, are these provocations created for… Read More ›
The Japanese Yen and the Euro are rising against the USD following Pyongyang’s testing its nuclear device
Although North Korea’s move have seen many investors moving to Japanese assets, many investors worry that in the event of an actual war, these very assets may lose their shine. With North Korea raising the ante, gold, the Japanese yen,… Read More ›