Japan
Japan enacts law ensuring access to third-party apps
Japan on Wednesday (Jun 12) enacted legislation to ensure tech giants like Google and Apple give access to third-party smartphone apps and payment systems on their platforms or risk...
Toyota halts sales of three cars as Japan safety scandal deepens
Japan suspended the delivery and sales of six vehicles currently on the road, including three manufactured by Toyota Motor, escalating a safety scandal that’s embroiled some of the world’s...
Toyota, other Japan automakers under fire for new lapses as safety scandal deepens
Toyota Motor and Mazda Motor temporarily halted shipments or sales of some vehicles after Japan’s transport ministry found irregularities in applications to certify their models.The ministry said on Monday (June...
KKR weighs entering private credit in Japan to challenge banks
KKR is considering entering the private credit market in Japan to provide an alternative to bank loans. “It will be a medium to long-term initiative,” Hiro Hirano, the head...
Japan spent record US$62 billion to prop up yen in past month
Japan spent a record US$62.2 billion in the past month to prop up the yen after it fell to a 34-year low against the dollar, surpassing the total amount...
Toyota’s global volumes fall in April, led by drops in China and Japan
TOYOTA Motor’s April global sales and production fell from a year earlier, hurt by an intense price war in China and a decline in Japan after a production stoppage...