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 ›
Japanese
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 ›
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 ›
Broadcom positions itself to win Toshiba’s chip manufacturing unit
Japan is making every effort to ensure that the sale of Toshiba’s chip manufacturing unit, which it deems as a risk of national security, does not fall into the hands of the Chinese. Japanese newspaper Asahi has reported that a… Read More ›
SoftBank could potentially invest ~$4 billion in WeWork
WeWork continues to raise capital ahead of its planned listing. After this deal, the company will be valued at more than $20 billion. CNBC has reported today, that SoftBank Group Corp is all set to sink in $3 billion into… Read More ›
Takata appears eager to settle DoJ probe before Obama leaves office
Takata’s inflator for airbags affect 42 million vehicles in the U.S. alone. This will make it the largest ever recall in U.S. history. Japanese airbag manufacturer Takata whose defective air bags have been linked to 11 deaths in the United… Read More ›
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