Japanese car manufacturer Nissan says it is cutting 9,000 jobs worldwide. The company wants to save money after a period in which profits have fallen due to rising costs. Due to the reorganization, Nissan’s workforce will shrink by approximately 7 percent. The company is also reducing its global production capacity […]
Toshiba was among the biggest fallers on the Tokyo stock exchange on Monday. Investors processed a message from the Japanese business newspaper Nikkei that the takeover bid for the electronics company by the group led by Japan Industrial Partners may be lower than the expected 2.2 trillion yen. The share […]
The Japanese car group Toyota Motor will suspend production at three factories in western Japan because of the approaching Typhoon Hinnamnor. Toyota is canceling Monday evening shifts and Tuesday morning shifts at factories in western Fukuoka prefecture. The company expects to resume production later on Tuesday. Japanese automaker Nissan Motor […]
In Hong Kong, where investors returned after a long weekend, Chinese internet and games company Tencent was under pressure on Tuesday. The markets were still reacting to the new rules of the Chinese internet regulator to protect minors better when playing games and following live streams on the internet. […]
Japan will close its borders to practically all foreign visitors on November 30 due to the new Omicron variant of the coronavirus. Japanese Prime Minister Fumio Kishida announced on Monday, just a few weeks after the country had just begun a cautious easing of its strict travel restrictions. Foreign […]
Shares of ailing Chinese real estate group China Evergrande Group shot up Thursday. Investors in Hong Kong returned from a day off and were still processing the news that Evergrande would pay interest on some of its loans on time after all. Fears that China’s second-largest real estate developer, […]
The Tokyo stock exchange closed with a small profit on Thursday. Investors processed the disappointing jobs report from American payslip processor ADP and mainly invested in stocks that have performed well during the corona pandemic, such as the Japanese chip and technology companies. The transport companies and airlines, on […]
The Tokyo stock exchange closed with a loss on Friday. Investors processed the lower closing positions on Wall Street, where the mood was depressed by the deadly attack in the Afghan capital Kabul. In addition, they were waiting for the speech that Federal Reserve (Fed) Chairman Jerome Powell will […]
The Tokyo stock exchange continued its losing streak on Monday. The chip companies, in particular, were lowered after the price losses in the US chip sector. Oil producers have also been hit by a drop in oil prices following the oil cartel OPEC and allies agreed to increase production. […]
The Japanese government will soon decide whether to admit spectators to the games of the Olympic Games in Tokyo. A government spokesman said a ruling would be made before the end of this month. This only concerns visitors from their own country. According to the latest reports in the […]
