S&P Global Ratings said it has revised Japan’s outlook to stable on increased uncertainty around debt stabilization.
Honda Cyberattack Halts Plants In India, Brazil
Honda plants in Brazil and India have halted operations as the Japanese carmaker battles to recover from a cyberattack that affected several factories worldwide. The cyberattack at the beginning of …
Stuck-at-Home Demand Prompts Japan Hardware Store Consolidation
Japan had just 28 of the stores in 1973 … The company will take out a 109.6 billion yen loan from Sumitomo Mitsui Banking Corp. to finance the acquisition. Sales of a combined entity would vault it …
UAE On Brink Of Launching Arab World’s First Space Mission To Mars
The probe will launch from Japan’s Tanegashima Space Center The probe is slated to return to Earth in February 2021. Over the past 55 years, only six other countries have sent missions to Mars The …
Bharti Airtel makes further inroads in Bangladesh; buys additional stake in telco from NTT Docomo
One of India’s biggest telecom operators Bharti Airtel has strengthened its presence in neighboring Bangladesh with acquiring an additional 6.3% stake in Robi Axiata from Japan’s NTT Docomo.
UK, Japan Begin Historic Trade Negotiations In A Post-Brexit Landscape
U.K. hopes to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership Japan is the third largest investor in the U.K. The U.K. and Japan, two of the largest economies in the …
S&P Cuts Japan’s Debt Outlook as Spending Surges During Pandemic
S&P Global Ratings on Tuesday lowered its outlook on Japan’s sovereign debt rating to stable from positive, citing increased uncertainty over the country’s fiscal health as it boosts spending to …
Japan May machine tool orders down 52.8% y/y – industry association
Japan’s machine tool orders in May were down 52.8% compared with a year earlier, a preliminary estimate from the Japan Machine Tool Builders’ Association showed on Tuesday. Compared with a month …
Japan, UK agree to work on swift trade agreement: Japan government statement
Japan and the United Kingdom agreed to start negotiations for a swift agreement on an economic partnership to secure business continuity for both nations, Japan’s foreign ministry said on Tuesday.
Robot Built for Japan’s Aging Workforce Finds Coronavirus Role
Mira Robotics developed its “ugo” robot to reinforce greying Japan’s shrinking workforce, but as the coronavirus threat persists, the Japanese startup is offering its machine as a tool in the fight …