Tags: Japan

Toyota's Market Value Plummets to Over $15 Billion After Falsified Safety Test Scandal

Toyota's Market Value Plummets to Over $15 Billion After Falsified Safety Test Scandal

Toyota's stock price fell by over $15 billion last week after it admitted lying on safety certification tests.


Toyota Issues Apology as Safety Test Scandal Persists: ‘We Are Not a Perfect Company’

In response to the safety test controversy, Toyota Chairman Akio Toyoda apologized while bowing before reporters.

Japan Launches Robots to Clean Up Destroyed Fukushima Nuclear Plant

Japanese company TEPCO will employ a remote-controlled robot to retrieve melted fuel debris from Fukushima Daiichi's damaged reactors, the first step in addressing the aftermath of the 2011 nuclear disaster.

South Korea, Japan, China Holds Trilateral Summit in Seoul to Discuss Resuming Free Trade Agreement Talks

South Korean President Yoon Suk-Yeol, Japanese Prime Minister Fumio Kishida, and Chinese Premier Li Qiang are to hold a trilateral summit in Seoul which would focus on resuming talks on a free trade agreement, among other matters.


Latest News

South Korea, Japan, China Confirmed to Meet Next Week for First Time Since 2019
South Korea, Japan, and China are set to undergo a trilateral summit in Seoul on May 27, the first time the three nations held such talks in five years.
Bank of Japan Announces 11-Year High in 10-year Government Bond Yield
The 10-year Japanese Government Bond (JGB) rose to its highest level in 11 years since a similar rating was recorded back in 2013.
Japan's SoftBank Is Harnessing the Power of AI to Prevent Customer Harassment by 'Softening' Angry Callers' Voices
Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients.
Japan's Finance Minister Stresses Close Coordination with Bank of Japan
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
Japan-Tokyo Electric Power Co (TEPCO) Kashiwazaki-Kariwa Nuclear Power Plant
After more than ten years of being offline, this step would represent a crucial move towards stabilizing power costs in the country.
In Japan, More Than 100,000 Packs of Sliced Bread Recalled After Rat Parts Found Inside
A bread manufacturer in Japan has recalled 104,000 packs of sliced bread after two of them were found to contain rat parts.
Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles.
EU Greenlights Japan's Nippon Steel's $14.9 Billion Acquisition of US Steel Despite Opposition
The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.
Dollar Drops to Three-Week Low Against Japanese Yen as US Jobs Data Boosts Fed Cut Bets
The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April.
Joe Biden Says 'Xenophobia' Hinders China, Japan, and India's Economic Growth as US Benefits From Migration
President Joe Biden said "xenophobia" among countries like China, Japan, and India is impeding their economic growth, contrasting it with the US, which he claimed benefits from migration.
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