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Posted on March 28, 2023

Chinese Tech Giant Alibaba Breaks Up As Founder Jack Ma Returns to China

A few months later, Alibaba was hit with a $2.6 billion fine for violating antitrust laws. The fine is the largest ever imposed on a business in China. Ma was reportedly living in Europe and Japan for …
Posted on March 28, 2023

US, Japan reach deal on vital minerals for EV batteries

Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to diversify supply chains and reduce reliance on China for strategically important resources.
Posted on March 28, 2023

Japan finance minister says impact limited from Credit Suisse bond write-down

Japan’s finance minister says the direct impact of Credit Suisse’s write-down of its AT1 bonds is limited in Japan. The Swiss financial authorities instructed the troubled financial group to …
Posted on March 28, 2023

Russia fires cruise missiles in waters off Japan’s coast during training exercise

Russia’s Pacific Fleet fired a pair of supersonic missiles at a mock target in waters off Japan’s coast on Tuesday morning, the Russian Ministry of Defense said.
Posted on March 28, 2023

US and Japan strike trade deal on critical minerals for electric car batteries

We’ll send you a myFT Daily Digest email rounding up the latest US trade news every morning. The US and Japan will sign a trade agreement covering critical minerals needed for electric car batteries on Tuesday,
Posted on March 28, 2023

Japan Banks Have Little Risk of AT1 Bonds Wipeout, Suzuki Says

Japanese banks have little risk of facing a situation like Credit Suisse Group AG’s recent Additional Tier 1 bonds wipeout, Japan’s finance minister reassured onlookers who may be concerned about …
Posted on March 28, 2023

Japan Banks Have Little Risk of AT1 Bonds Wipeout, Suzuki Says

Japanese banks have little risk of facing a situation like Credit Suisse Group AG’s recent Additional Tier 1 bonds wipeout, Japan’s finance minister reassured onlookers who may be concerned about …
Posted on March 28, 2023

UPDATE 2-Japan banks’ holdings of Credit Suisse AT1 bonds small – finmin

Finance Minister Shunichi Suzuki said on Tuesday. He also said AT1s issued by Japanese banks are not subject to the same conditions that the Credit Suisse notes were, which meant similar wealth …
Posted on March 28, 2023

UPDATE 2-Japan banks’ holdings of Credit Suisse AT1 bonds small – finmin

Finance Minister Shunichi Suzuki said on Tuesday. He also said AT1s issued by Japanese banks are not subject to the same conditions that the Credit Suisse notes were, which meant similar wealth …
Posted on March 28, 2023

US, Japan strike trade deal on electric vehicle battery minerals

The United States and Japan on Tuesday announced a trade deal on electric vehicle battery minerals that is key to strengthening their battery supply chains and granting Japanese automakers wider …

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