News - Page 79

Tokyo, May 18 (Jiji Press)–Many major Japanese companies, namely electronics makers, enjoyed rosy earnings in the year ended in March thanks to significant artificial intelligence-linked investment worldwide, but they are looking ahead with caution amid high costs for fuel and materials spurred

Kyoto, May 18 (Jiji Press)–Major Japanese motor maker Nidec Corp. has started talks to dissolve its electric vehicle drive system joint venture with Chinese automaker Guangzhou Automobile Group Co., informed sources said Monday. The move marks a shift from the expansion strategy

Tokyo, May 18 (Jiji Press)–The Japanese government supplied antiviral drug Avigan from its stockpiles to Britain on Friday in response to a hantavirus outbreak, health minister Kenichiro Ueno said Monday. Britain has accepted passengers of a cruise ship where the outbreak occurred

Tokyo, May 18 (Jiji Press)–Japan’s government Monday presented a draft plan to create industry clusters in 10 regions, spotlighting semiconductors and green transformation, or transition to clean energy, to lure large-scale corporate investment and revive local economies. The plan, presented at a

Tokyo, May 18 (Jiji Press)–The yield on the latest issue of 10-year Japanese government bonds, the benchmark long-term interest rate in the country, briefly climbed to 2.8 pct in Tokyo trading on Monday, its highest level in 29 years, amid inflation concerns.

Tokyo, May 18 (Jiji Press)–Mizuho Financial Group Inc. said Monday it is considering investing in Rakuten Bank, a unit of e-commerce giant Rakuten Group Inc. Mizuho Financial, one of Japan’s three megabank groups, aims to invest in Rakuten Bank by autumn, when

Tokyo, May 18 (Jiji Press)–The scope of benefit recipients under a proposed refundable tax credit program is a key issue in discussions at a Japanese nonpartisan council due to differences in eligibility criteria sought by each party. It is uncertain whether an

Silicon Valley, May 17 (Jiji Press)–Japanese chemicals maker Resonac Holdings Corp. will step up efforts to develop cutting-edge semiconductors at a newly opened joint research hub in Silicon Valley, Hidehito Takahashi, the company’s CEO, said in a recent interview. Takahashi said Resonac

Tokyo, May 18 (Jiji Press)–Japan has released a booklet publicizing its official development assistance in collaboration with a popular Japanese overseas travel guide series. In partnership with the Globe-Trotter Travel Guidebook, known as “Chikyu no Arukikata” in Japanese, the Foreign Ministry published

Tokyo, May 18 (Jiji Press)–The yield on the latest issue of 10-year Japanese government bonds, the benchmark long-term interest rate in the country, briefly climbed to 2.8 pct in Tokyo trading on Monday, its highest level in 29 years, amid inflation concerns.