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Posted on June 10, 2020

North Korea lashes out, says it will cut ties with South Korea

North Korea lashed out despite South Korea’s calls for new talks Tuesday, saying it was freezing all communication channels and vowing to treat Seoul as an “enemy” in what analysts say may be the …

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Posted on June 10, 2020

Caterpillar, Komatsu, Volvo fail to address Myanmar jade mine abuses, charity says

C aterpillar Inc, Komatsu Ltd and Volvo AB – leading providers of machinery to Myanmar’s jade mines – have done little to address warnings about rampant abuses in the multibillion-dollar industry they …

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Posted on June 10, 2020

S&P Cuts Outlook on Japan’s Debt Outlook

Follow Bloomberg on LINE messenger for all the business news and analysis you need.S&P Global Ratings revised down the outlook on Japan’s sovereign rating to stable from positive while keeping the …

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Posted on June 10, 2020

Japanese automakers can be ‘stealth winners’ despite the US-China tensions: CLSA

Christopher Richter of CLSA explains why he remains positive on Japan’s auto sector despite the looming U.S.-China trade war. He also says Japanese automakers need to wake up to the reality of …

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Posted on June 10, 2020

Japan’s wholesale prices sink at fastest pace in four years as pandemic hits demand

Japan’s wholesale prices fell at the fastest annual pace in nearly four years in May, data showed on Wednesday, as the coronavirus pandemic hit business activity and weighed on global demand for …

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Posted on June 10, 2020

2 Americans accused of aiding Carlos Ghosn’s escape from Japan fight extradition

Nissan Motor Co. Chairman Carlos Ghosn out of Japan in a box are fighting their extradition to the country, arguing the offense is not a crime there. Michael and Peter Taylor are wanted in Japan on …

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Posted on June 10, 2020

Japan’s April core machinery orders fall at fastest pace since Sept 2018

Japan’s core machinery orders dropped in April at their quickest pace since September 2018 as the hit to business spending from the coronavirus pandemic deepened. By Daniel Leussink TOKYO, June 10 …

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Posted on June 10, 2020

Japanese carmaker Honda hit by cyberattack

Japanese carmaker Honda said Tuesday that it has been hit by a cyberattack that disrupted its business in several countries, though it expects the overall impact to be contained. Production in Japan …

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Posted on June 10, 2020

ADB signs $17.7m deal to invest in solar photovoltaic plant in Bangladesh

The solar park is one of the first private sector solar plants in Bangladesh to be financed by multilateral institutions, and will support the country’s efforts to attain long-term energy security and …

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Posted on June 10, 2020

Japan’s Fujifilm to Spend $928 Million to Double Capacity of Danish Drug Facility

The investment in Fujifilm Diosynth Biotechnologies will expand production lines for bulk drug substances and cultivate cells for producing viral vaccines, Fujifilm announced on Tuesday. It bought the …

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