EconomyLoop
where regional business news becomes global to everyone

Honda recalls 900,000 Odyssey minivans in U.S.

Honda is recalling about 900,000 of its Odyssey minivans because the second-row seats may tip forward if not properly latched. The recall announced Saturday covers vehicles from the…... read more

 Japan Today1 minute ago

     
Business jets risk U.S. pilot shortage amid competition from airlines

Business jet operators, already offering double digit raises to attract pilots, could face a labor shortfall in North America as they compete with U.S. airlines for talent, executives…... read more

 Japan Today23 minutes ago
Independent report says Takata air bag replacement program still moving slowly

A new report on recalls of potentially deadly Takata air bag inflators shows that automakers have replaced only 43 percent of the faulty parts even ... read more

 Japan Times17 hours ago
Despite poor history, Republicans give trickle-down economics another try

Does money roll downhill?In their drive to cut taxes, President Donald Trump and congressional Republicans are betting it does. Behind their legislation is a theory ... read more

 Japan Times17 hours ago
Japan urges TPP-11 partners to sign off on pact before any elections are held

Nations working to salvage a mammoth Pacific Rim trade pact that the U.S. abandoned need to move forward before electoral politics get in the way, ... read more

 Japan Times18 hours ago
Nissan exec says with existing factories ‘maxed out,’ automaker may build new plant in U.S.

Nissan Motor Co. is squeezing all it can from its U.S. assembly plants and will need to build an entirely new factory if it keeps ... read more

 Japan Times18 hours ago
Nissan execs to return part of salaries over bogus vehicle inspections

Nissan Motor Co Chief Executive Hiroto Saikawa and other executives of the Japanese automaker are returning a part of their salaries to show remorse over illegal vehicle inspections at the automaker's plants in Japan. (Japan Today)... read more

 News on Japan22 hours ago
Line messaging app adding unsend function to save us from our embarrassing selves

After beginning service in Japan in 2011, Naver Corporation’s Line messaging app quickly become one of the most popular ways to stay connected to personal acquaintances. (Japan Today)... read more

 News on Japan22 hours ago
Report shows Takata recall still moving slowly

A new report issued Friday says auto companies have replaced only 57 percent of potentially deadly Takata air bag inflators, even though recalls have been under way for…... read more

 Japan Today23 hours ago
Toshiba says it is not in talks with any company over PC unit sale

Toshiba Corp said on Friday it had not entered into talks with any company to sell its personal computer business, denying media reports that it was in negotiations…... read more

 Japan TodayYesterday
Nissan execs to return part of salaries over bogus vehicle inspections

Nissan Motor Co Chief Executive Hiroto Saikawa and other executives of the Japanese automaker are returning a part of their salaries to show remorse over illegal vehicle inspections…... read more

 Japan TodayYesterday
Airbnb raided by Japan fair trade watchdog, denies wrongdoing

Airbnb's offices in Japan have been raided by anti-monopoly officials, the homesharing giant said Friday, denying any wrongdoing and pledging cooperation. Japan's Fair Trade Commission reportedly carried out…... read more

 Japan TodayYesterday
Tokyo stocks advance further on overseas market rally

Stocks gained further ground on the Tokyo Stock Exchange on Friday, supported by an overnight rebound in U.S. and European equities.The Nikkei 225 rose 45.68 ... read more

 Japan TimesYesterday
Dollar slips to around ¥112.50 in Tokyo on Trump-Russia allegations

The dollar weakened to around ¥112.50 in Tokyo trading on Friday, dragged down by rekindled worries over the Russia-linked allegations surrounding U.S. President Donald Trump.At ... read more

 Japan TimesYesterday
No further misconduct found at Kobe Steel plant making aluminum for MRJ

The transport ministry said Friday its inspection of a Kobe Steel Ltd. plant in Mie Prefecture found no further evidence of misconduct in addition to ... read more

 Japan TimesYesterday
Anti-corruption campaign in Saudi brings hope to businessmen

Lebanon-based businessmen who lost enterprises through dealings with members of Saudi Arabia's royal family and others in the kingdom are closely watching a new campaign ... read more

 Japan TimesYesterday
Nissan cites poor communication in safety check malpractice, acknowledged to have started in 1979

Nissan Motor Co. President Hiroto Saikawa on Friday blamed a lack of communication between workers and managers as one of root causes for conducting fraud ... read more

 Japan TimesYesterday
Amid global electric-car buzz, Toyota is bullish on hydrogen

At a car factory in this city named after Toyota, the usual robots with their swinging arms are missing. Instead, workers intently fit parts into ... read more

 Japan TimesYesterday
Japan Atomic Power in dire straits after diverting funds

Japan Atomic Power Co. has diverted so much of its decommissioning funds to build new reactors that it now lacks enough cash to scrap its aging units or even resume operations of existing ones. The problem-plagued... read more

 Asahi SimbunYesterday
Yoshihiko Miyauchi, Orix ex-CEO and former head of deregulation panel, knows what it takes to change Japan

Yoshihiko Miyauchi, 82, may not be your average business leader.As the former CEO of Orix Corp., he is credited with leading the leasing firm for ... read more

 Japan TimesYesterday
Orix Corp.’s Yoshihiko Miyauchi: From salaryman to business titan

Orix Corp.'s Yoshihiko Miyauchi is a name likely to be seen on a list of well-known Japanese business leaders.But unlike other charismatic businesspeople such as ... read more

 Japan TimesYesterday
Tesla broadens its horizons with plan to electrify big trucks

After more than a decade of making cars and SUVs — and, more recently, solar panels — Tesla Inc. wants to electrify a new type ... read more

 Japan TimesYesterday
Nissan execs taking pay cuts over bogus car inspections

Nissan Motor Co. Chief Executive Hiroto Saikawa and other executives of the Japanese automaker plan to return part of their salaries to show remorse over illegal vehicle inspections at the automaker's plants... read more

 Asahi SimbunYesterday
FTC suspects Airbnb’s unit in Japan of using illegal contracts

The Fair Trade Commission is investigating whether the Japanese subsidiary of online lodging service Airbnb has been using contracts that effectively shut out its business rivals, sources said. U. S. -based... read more

 Asahi SimbunYesterday
Toyota to sell electric vehicles in China from 2020 and may develop battery-powered autos with local partners

Starting in 2020 Toyota Motor Corp. plans to introduce electric vehicles in China, and the carmaker is also considering selling battery-powered autos developed by its ... read more

 Japan TimesYesterday
Report: Nissan execs clueless over stretched work force

Top management of Nissan Motor Co. was unaware of the serious shortage in certified inspectors due to the expansion of production at its domestic factories, according to the automaker's final report on... read more

 Asahi SimbunYesterday
Japan’s GPIF mulls use of AI in pension asset management

The Government Pension Investment Fund is considering using artificial intelligence technology to manage its assets, sources have said.The GPIF, which manages public pension assets, believes ... read more

 Japan TimesYesterday
Hitachi Chairman Nakanishi eyed for next chief of Keidanren, Japan’s largest business lobby

The Japan Business Federation, or Keidanren, is expected to select Hitachi Ltd. Chairman Hiroaki Nakanishi, 71, as the next leader of the nation's biggest business ... read more

 Japan TimesYesterday
Takeda Pharmaceutical seeks deals as it cultivates global identity

Japan's biggest drugmaker is hunting for partnerships and deals — at the right price — as it seeks to build an identity beyond the pharmacy ... read more

 Japan TimesYesterday
Venezuela’s state oil company PDVSA is declared in default

Crisis-plagued Venezuela suffered another blow Thursday as a committee of creditors ruled that state oil company PDVSA has defaulted on its debt, a decision that ... read more

 Japan TimesYesterday
Contentious Keystone oil pipeline leaks 5,000 barrels in South Dakota as Nebraska weighs XL

TransCanada Corp. shut part of its Keystone oil pipeline system after a 5,000-barrel leak in South Dakota, the company said on Thursday, four days before ... read more

 Japan TimesYesterday
U.S. regulators set to require disclaimers on internet election-related ads in light of Russia meddling

U.S. regulators on Thursday kicked off a process that could result in mandatory disclaimers on election ads that appear on social media, a reaction to ... read more

 Japan TimesYesterday
Federal jury orders J&J, DePuy to pay $247 million to six Pinnacle hip implant patients

A federal jury in Dallas on Thursday ordered Johnson & Johnson and its DePuy Orthopaedics unit to pay $247 million to six patients who said ... read more

 Japan TimesYesterday
German court rules Kuwait Airways can ban Israelis, sparking Jewish outcry

A German court ruled on Thursday that Kuwait Airways had the right to refuse to carry an Israeli passenger due to his nationality, a verdict ... read more

 Japan TimesYesterday
Free Press threatens to sue after FCC weakens limits on owning newspapers, TV stations

Federal regulators are loosening rules meant to support independent local media.Now, one company can own both newspapers and TV stations in one market, undoing a ... read more

 Japan TimesYesterday
Vintage buildings reborn as tourist draws, wedding halls

OSAKA--Exuding a nostalgic charm, historical buildings that once housed institutions such as government offices and military headquarters are getting a new lease on life as commercial facilities. A growing... read more

 Asahi SimbunYesterday
Japan's longest growth run in 16 years may not guarantee future prosperity

Japan's economy marked a seven-quarter growth run through September, the longest in 16 years, but the outlook appears not so rosy as surprisingly strong private consumption before this…... read more

 Japan Today2 days ago
Kobe Steel plant at center of false-data scandal loses last quality certification

The Kobe Steel plant at the center of a data-falsification scandal that has shaken supply chains around the world has been stripped of all its industrial quality certifications.…... read more

 Japan Today2 days ago
Subaru recalls 400,000 cars in Japan

Subaru recalled nearly 400,000 vehicles from its domestic market on Thursday due to an inspection scandal -- the latest to hit the beleaguered Japanese car industry. The recall…... read more

 Japan Today2 days ago
McDonald's Japan celebrates Happy Meal 30th anniversary with awesome travel-size board games

Happy Meal goodies even adults will want to get their hands on -- Uno, Game of Life, Pop-up Pirate and other games get the McDonald's treatment. (rocketnews24.com)... read more

 News on Japan2 days ago
Beaujolais Nouveau released in Japan amid declining demand

The Beaujolais Nouveau 2017 vintage went on sale in Japan on Thursday, but with people's tastes maturing, the traditional celebration of the French wine's seasonal release is on the decline. (Kyodo)... read more

 News on Japan2 days ago
Nissan expected to cite poor awareness of compliance in imminent report on vehicle inspection scandal

Nissan Motor Co. is expected to submit a report to the transport ministry as early as Friday over its vehicle inspection scandal, admitting that poor ... read more

 Japan Times2 days ago
Nikkei ends six-session losing streak with 322-point rebound

The benchmark Nikkei average snapped its six-session losing streak with a sharp rebound on the Tokyo Stock Exchange on Thursday, thanks to a wave of ... read more

 Japan Times2 days ago
Dollar rises above ¥113 in Tokyo, buoyed by TSE rebound

The dollar firmed above ¥113 in Tokyo trading on Thursday, supported by the sharp rebound in Tokyo stock prices.At 5 p.m., the dollar stood at ... read more

 Japan Times2 days ago
Subaru recalls 395,000 vehicles over inspection scandal, including the 86

Subaru Corp. issued a recall for some 395,000 vehicles on Thursday after it was revealed that the carmaker had allowed unauthorized workers to carry out ... read more

 Japan Times2 days ago
Honda aggressively expands motorcycle operations in India

Honda Motor Co., the world's top motorcycle manufacturer, is strengthening operations in India by stepping up research and development and expanding its sales network."Our global ... read more

 Japan Times2 days ago
With ban lifted, importer initiates wagyu war in Indonesia

An Indonesian meat distributor is importing wagyu, long banned in the Southeast Asian country, in cooperation with the Japan External Trade Organization to test the ... read more

 Japan Times2 days ago
U.S. denies Ford, Mazda bids to delay Takata recall decision

DETROIT--The U. S. government has denied requests from Ford and Mazda for more time to test potentially dangerous Takata air bag inflators as the companies try to avoid massive recalls. Both automakers petitioned... read more

 Asahi Simbun2 days ago
Electric trucks emerging but still have a long haul before they overtake diesels

Electric trucks are having a moment in the spotlight, but they won't replace diesel-powered trucks in big numbers until they overcome costs and other limitations.Tesla ... read more

 Japan Times2 days ago
Wall Street economists at odds with traders, share Yellen’s ‘guess’ of inflation comeback

Wall Street economists are clashing with Wall Street traders over whether inflation is poised to awaken around the world after a long slumber.From Morgan Stanley ... read more

 Japan Times2 days ago