In a statement on Friday, Japanese automaker Nissan Motor Co said, it was too early to say whether it would spin off its electric vehicle (EV) business like Renault is seeking to do. “It’s too early to consider because of our… Read More ›
Japanese
Japan witnessing accelerated price rise
According to Japanese government data, core consumer prices in Japan have shot up by 1.9% in April compared from a year earlier. Core consumer prices are a leading indicator of Japanese price trends. The increase in core consumer prices, fuelled… Read More ›
Renault SA considering separating EV business from combustible powered vehicles
On Monday, shares of Japanese automaker Nissan Motor Co Ltd slumped by 5%, marking their biggest fall in more than a month, following a report that Renault SA, its top shareholder, may consider lowering its stake in the company. Last week… Read More ›
COVID-19 pill by Japanese drug maker rapidly disarms SARS-CoV-2 virus
In a statement Japanese drug maker Shionogi & Co Ltd said, their experimental treatment for COVID-19 has shown rapid clearance of the virus that causes the disease. The pill, S-217622, “demonstrated rapid clearance of the infectious SARS-CoV-2 virus”, said Shionogi… Read More ›
Japan and Canada provides Ukraine financial assistance
In a statement Ukrainian Prime Minister Denys Shmygal said, Ukraine has agreed to the Japanese & Canadian proposal and will receive 13 billion yen in financial support from the Japanese government and 500 million Canadian dollars from Ottawa. “These are… Read More ›
Japan imposes sanctions against Japan
On Wednesday, Japanese Prime Minister Fumio Kishida announced sanctions against Russia over its actions in Ukraine, saying Moscow’s moves are unacceptable violation of Ukrainian sovereignty and international law. Japan’s sanctions include prohibiting the issuance of Russian bonds in Japan and… Read More ›
Ready to join US led sanctions on Russia: Japan
On Tuesday, Japan said it is ready to join the United States and allied nations in imposing economic sanctions against Russia, in the event Russia President Vladimir Putin orders an invasion of Ukraine, The statement from Japan, the world’s third… Read More ›
Toshiba to invest $1.09 billion towards production of power management chips
On Friday in a statement Toshiba Corp said, it plans on investing $1.09 billion (125 billion yen) in order to more than double the production of power management semiconductors, in order to catch up with peers such as Infineon Technologies AG…. Read More ›
Japan Australia sign Reciprocal Access Agreement for economic and defense cooperation
Following the cancellation of a trip to the United States and Australia due to rising COVID-19 cases, Japan and Australia are set to sign a treaty to beef up defence and security cooperation at a virtual summit on Thursday. Japanese… Read More ›
Mitsubishi Corp names Katsuya Nakanishi as CEO
On Friday, in a statement Japan’s Mitsubishi Corp said, Katsuya Nakanishi, its executive vice president who is also the chief of its power business will now head the company as of April 1, 2022. Mitsubishi’s current president Takehiko Kakiuchi will become… Read More ›
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