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Singapore talking with more electric car companies after Dyson, but Tesla apparently not among them

via The Japan Times    Apr 22, 2019

Following Dyson Ltd.’s plans late last year to manufacture its first electric car in Singapore, the city-state is now in talks with other makers of ...

Foreign staff bring new perspectives for smaller firms

By Kazuaki Nagata
- via The Japan Times    Apr 21, 2019

Dexter Tan Dimaapia, an employee from the Philippines at Sakae Casting Co., works at the firm's aluminum casting plant in Tokyo's Hachioji on Jan. 29. | YOSHIAKI MIURA

There’s no denying that Japan, amid a severe labor crunch and a shrinking population, will need to rely more on foreign workers in the coming ...

U.S. and China working to sign new trade agreement in May: report

via The Japan Times    Apr 18, 2019

Chinese Vice Premier Liu He gestures as he and U.S. Treasury Secretary Steven Mnuchin (left) and U.S. Trade Representative Robert Lighthizer pose for a group photo at the Diaoyutai State Guesthouse in Beijing April 11, noting trade talks with the U.S. are

U.S. and Chinese officials are tentatively working to finalize a new trade agreement, with a signing ceremony expected as soon as late May, The Wall ...

Nippon Paint to acquire DuluxGroup for ¥300 billion

via The Japan Times    Apr 17, 2019

Nippon Paint Holdings Co.'s CEO Tetsushi Tado speaks at a news conference in Tokyo on Wednesday. | KYODO

Nippon Paint Holdings Co. will acquire major Australian peer DuluxGroup Ltd. for ¥300.5 billion ($2.7 billion) to strengthen its foothold in the overseas market, the ...

Asian Development Bank chief says Japan-backed lender to continue loans to China

By Kazuaki Nagata
- via The Japan Times    Apr 16, 2019

Takehiko Nakao, president of the Asian Development Bank, is interviewed by media outlets in Tokyo on Monday. | KAZUAKI NAGATA

The Asian Development Bank will keep lending billions of dollars to China, taking a different stance from the World Bank and its plans to reduce ...

Stratolaunch, world’s largest plane, makes first flight over California

via The Japan Times    Apr 15, 2019

The Stratolaunch plane flies above the California desert Saturday in the first test flight of the U.S. company's gigantic aircraft whose wingspan is almost half that of an Airbus A380. The strange aircraft, built by the legendary aeronautical engineering company Scaled Composites in the Mojave Desert, has two fuselages and is powered by six Boeing 747 engines. | STRATOLAUNCH / VIA AFP-JIJI

The world’s largest aircraft took off over the Mojave Desert in California on Saturday, the first flight for the carbon-composite plane built by Stratolaunch Systems ...

VW to take on Tesla X in China from 2021 with electric SUV

via The Japan Times    Apr 15, 2019

Herbert Diess, Volkswagen's new CEO, speaks at a Volkswagen Group's media event ahead of the Beijing Auto Show in Beijing last April. | REUTERS

Volkswagen plans to build a fully electric sports utility vehicle (SUV) for China from 2021, taking on the Chinese market leader Tesla’s Model X as ...

U.S. wants World Bank to give more support to poorest nations

via The Japan Times    Apr 15, 2019

U.S. Treasury Secretary Steven Mnuchin is seen during the IMF-World Bank Spring Meetings at International Monetary Fund Headquarters in Washington Thursday. | AFP-JIJI

The World Bank, a major source of development lending, needs to make more progress in shifting its loans away from fast-growing economies such as China ...

Abe asks U.K. Foreign Secretary Jeremy Hunt to minimize Brexit impact on Japan firms and world

via The Japan Times    Apr 15, 2019

Jeremy Hunt, British Secretary of State for Foreign and Commonwealth Affairs, greets Prime Minister Shinzo Abe during a courtesy call at Abe's office in Tokyo on Monday. | AP

Prime Minister Shinzo Abe on Monday asked the U.K. to minimize the negative impact of its departure from the European Union on Japanese companies and ...

Big banks CEOs face off with House Democrats over risks, politics on anniversary of crisis

via The Japan Times    Apr 11, 2019

Michael Corbat, chief executive officer of Citigroup Inc., listens during a House Financial Services Committee hearing in Washington Wednesday. A decade after the financial crisis, the chiefs of the largest U.S. banks faced a grilling from lawmakers on everything from income inequality to their ties to politically controversial industries. | BLOOMBERG

The heads of seven of the largest banks in the U.S. fielded sometimes contentious questions from a House committee Wednesday, some dealing with current risks ...

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