Nissan Motor said on Friday it would abandon a plan to build a $1.1 billion factory for electric vehicle batteries on Japan’s southwestern island of Kyushu, marking the latest change of plans for the …
Japan’s Panasonic targets 10,000 job cuts worldwide
TOKYO: Japanese electronics giant Panasonic, which supplies batteries to Tesla, said on Friday (May 9) it will target 10,000 job cuts worldwide as part of efforts to boost profitability. The cuts, …
Japanese tech company Panasonic cuts 4% of its global workforce as profits falter
Panasonic says it will slash its global workforce by 10,000 people, half in Japan and half overseas, to become a more efficient, “lean” company,” The Japanese manufacturer said Friday that the job …
Japan’s Nippon Steel annual profit down 36%, beats forecasts
Nippon Steel , Japan’s top steelmaker, posted on Friday 350.2 billion yen ($2.41 billion) in net profit for the year ended in March, down 36% from a year ago but beating analysts’ forecasts.
Japan’s Exports Dip As Trump Tariff Threats Loom, Lutnick Signals Trade Deal Delay
Japan’s exports reportedly slowed down in the first 20 days of April amid a stronger yen, while U.S. tariffs on Japanese goods, from steel to cars, also came into effect. Exports measured by value …
NTT generously models Japan’s next wave of buyouts
Nippon Telegraph and Telephone is doing its state backers a favour. The Japanese telecom company, in which the Ministry of Finance holds a roughly one-third stake, is offering to buy out the 42% it …
Japan’s Exports Dip As Trump Tariff Threats Loom, Lutnick Signals Trade Deal Delay
Japan’s exports reportedly slowed down in the first 20 days of April amid a stronger yen, while U.S. tariffs on Japanese goods, from steel to cars, also came into effect. Exports measured by value …
Japan’s JFE to boost overseas investments, but suspend blast furnace
JFE Holdings , parent of Japan’s second-biggest steel maker, said on Thursday it will invest 400 billion yen ($2.8 billion) overseas over the next three years to drive growth, while suspending a blast …
Where Trump’s trade talks stand with China, Canada, Japan, and other key countries
With time running out on his 90-day tariff pause, Donald Trump and his team have yet to announce a new trade agreement.
Balyasny’s $30 million pay package shows race for Japan rates traders
A talent war is intensifying in the yen rates space, as banks and hedge funds snap up seasoned traders after the biggest market swings in years inflicted widespread losses.