Tag: nikkei reports
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Nippon Steel to spend $3 billion in US Steel plant equipment upgrade, Nikkei reports
Oct 22 : Nippon Steel will invest about $3 billion in the U.S. Steel-operated Mon Valley works in Pennsylvania to upgrade the plant’s hot rolling facility, the Nikkei newspaper reported on Thursday.The move is part of the Japanese steelmaker’s pledge to invest $11 billion in U.S. Steel by 2028, following its
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Toyota aims to make all its cars software-defined by 2030, Nikkei reports
TOKYO, Oct 16 : Toyota Motor plans to make all of its roughly 50 vehicle models software-defined vehicles (SDVs) by 2030, equipping about 10 million new vehicles annually with its proprietary software platform , the Nikkei business daily reported on Friday.The strategy was disclosed at a technology briefing f
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NTT Data in final talks to build Anthropic’s first data centre in Japan, Nikkei reports
TOKYO, Oct 13 : Japan’s NTT Data Group, a unit of telecommunications giant NTT, is in the final stages of talks to build a data centre in Osaka, western Japan, for US AI company Anthropic, the Nikkei business daily reported on Tuesday, citing multiple sources. • Construction costs could reach up to 1
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Japan PM to vow nimble response to unexpected market moves, Nikkei reports
TOKYO, Sept 30 : Japanese Prime Minister Sanae Takaichi will pledge a nimble response to any unexpected developments in the economy and financial markets in a policy speech next week, the Nikkei newspaper said on Wednesday.In remarks set for the first day of an extraordinary parliamentary session on October 5
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Japan’s Nidec CEO Mitsuya Kishida to resign, Nikkei reports
Sept 29 : Japanese motor maker Nidec’s president Mitsuya Kishida has decided to step down as CEO, the Nikkei business daily reported on Tuesday, based on information it obtained a day earlier.Kishida may submit his resignation as early as Tuesday, the report added.Here are some more details:•
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Japan, US discussing chip factory construction as part of $550 billion investment talks, Nikkei reports
TOKYO, Sept 17 : Japan and the United States are in talks to build a semiconductor factory as part of their $550 billion investment agreement, the Nikkei business daily reported on Thursday. The project is expected to be worth 2 trillion yen to 3 trillion yen ($12.85 billion to $19.27 billion) and would be
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Honda, Nissan to reach deal on joint development of vehicle software, Nikkei reports
Aug 29 : Honda Motor and Nissan Motor are expected to agree as soon as Monday on developing a shared operating system and onboard computer to go into new automobiles as early as 2029, the Nikkei newspaper reported on Saturday.Honda told Reuters that the Japanese automaker was discussing “potential areas of co
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Universal Studios Japan to spend up to $1.88 billion on expansion, Nikkei reports
Aug 28 : Universal Studios Japan is preparing to undertake a major expansion, with investment expected to total between 200 billion yen and 300 billion yen ($1.26 billion-$1.88 billion), the Nikkei newspaper reported on Friday.Universal Japan plans to use a 60,000-square-meter site adjacent to the theme park
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Japan conducts massive yen-buying intervention, Nikkei reports
TOKYO, July 31 : Japan conducted massive yen-buying, dollar-selling market intervention in New York markets on Thursday, the Nikkei newspaper reported, citing market sources.U.S. authorities also conducted so-called “rate checks,” which are precursors for currency intervention, a sign Tokyo and Washington wer
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Japan considering tweaking blueprint language on BOJ, Nikkei reports
TOKYO, July 8 : Japan’s government is considering tweaking language on monetary policy in its economic blueprint, the Nikkei newspaper reported on Wednesday.In a draft economic blueprint released last month, the government called on the Bank of Japan to align monetary policy with government efforts to boost g
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