Nikkei Asian Review (Jul 22,2019) | 一般社団法人 ラテンアメリカ協会

Nikkei Asian Review (Jul 22,2019)

25 JULY 2019

Japan’s paper bag king eager to kick out plastics in Indonesia
The Pack to build first Southeast Asian plant

Shimizu orders pricey ship to build offshore wind farms
Wave-resistant platform, with movable legs, will enable uninterrupted work

Tokyo and Seoul clash at WTO as other countries stay mum
South Korea calls export curbs unfair while Japan cites national security

Motor maker Nidec still bearish on China after 39% profit drop
Company focuses on building up EV segment while cutting costs

Bank of Japan is deluded to think deflation fight is over
Poor economic data suggest Governor Kuroda will need more monetary easing

US security adviser Bolton urges South Korea to mend ties with Japan
In Seoul, Trump aide calls for cooperation as regional tensions rise

Mobile carrier SoftBank readies $685m for first stock buyback
Repurchased shares to cover stock options

TEPCO says it will scrap second Fukushima nuclear station
The 40-year process will cost around $2.6 billion

Nissan to post 90% profit drop and cut thousands more jobs
Automaker struggles with weak US sales and high R&D costs

SoftBank beefs up US lobbying power to support Vision Fund bets
Japanese conglomerate focusing efforts on autonomous vehicles, fintech and export controls

24 JULY 2019

China criticizes US as ‘undermining global strategic stability’
Beijing’s first defense white paper in four years takes strident position on territory

China’s tech spending surges as it strives to be robotics superpower
Beijing aims for 70% of all robots in the country to be made at home by 2025

Japan’s electorate sticks with stability
Both ruling bloc and opposition failed to stir voters’ hearts in upper house election

A Netflix moment for gaming? Streaming challenges consoles in 5G era
Former rivals Sony and Microsoft ally to take on new ‘cloud gaming’ platforms

Asia’s esports hubs rattled by the rise in game addiction
In China and South Korea, governments scramble to curb “gaming disorder”

From the arcade to the cloud: a gaming timeline

Agony and ecstasy: Why Japan is obsessed with high school baseball
The annual Koshien Stadium competition is the closest thing to a national festival

Elections out of the way, Japan turns attention to US trade deal
Trump will demand tough concessions from Abe on cars, beef and more

South Korea asks Japan to cancel plan to remove the country from white list

WeWork aims for sooner-than-expected IPO in September
Office space group in talks with banks over financing package before listing

Japan’s Mitsui Fudosan eyes Hakone hot springs for luxury hotel
Developer to double high-end Japanese properties to eight by 2022

‘Dr. Kospi’ loses its sway to China
South Korea should dust off Itochu exec’s 1973 plan for building trading houses

Japan’s power spots can fix your life — maybe
No room for cynicism in modern craze for ‘pawaa supotto’

Akebono Brake to shed 6 plants in US, Europe and Japan
Turnaround plan will cut 3,000 jobs as the company seeks debt forgiveness

Russia and China test regional fault lines with island flyover
South Korea fires hundreds of rounds, Japan scrambles jets in dangerous sequence

WTO battle over Japan export curbs postponed to Wednesday
Seoul and Tokyo officials await chance to make their case on international stage

Troubled Philippine nickel plant muddies Sumitomo Metal’s outlook
Stock price plunges as Japanese miner misses out on boom

Tokyo Olympics budget swells to $12bn, a year before games
Security and venue buildout push spending, despite cost-cutting efforts

Japanese fund eyes healthy returns in debt-stricken hospitals
Partners to benefit from high-yield bonds while advising on management

Global investors press harder for women on Asian boards
Legal & General and other managers use voting power in Japan, China and India

Yen outshines gold as a risk hedge, Goldman says
Japanese currency now undervalued compared with most safety assets

Cryptocurrency thefts and fraud reach $1.2bn in Q1
Survival of exchanges threatened as hacks continue to rise

23 JULY 2019

South Korean companies brace for broader Japan export curbs
Samsung asks suppliers to stock up on parts as Tokyo’s decision on ‘white list’ status looms

Japan’s machine tool orders fall sharply as China demand wanes
Trade war stokes reluctance to invest in automobile and electronics factories

South Korea fires warning shots at Russian plane over disputed islets
First intrusion by Russia into country’s airspace, says Joint Chiefs of Staff

Japan’s small investors make big ESG statements
Environmental, social and governance bonds remain limited compared to the West

NBA’s Hachimura nets endorsement deal with Nissin
First-round draft pick professes love of Cup Noodles

Tencent and Pokemon maker team up for new games
Chinese mobile developer deepens ties with Nintendo to expand portfolio

Post-Abe contenders see fortunes swing on Japan election results
Prime minister says he will be flexible on goal of constitutional change

With election over, US wants Abe to deliver on Iran and trade
Tokyo braces for Trumpian deal-making ahead of presidential race

Yoshimoto scandal shakes Japanese media industry
President of biggest talent agency admits gagging comedians

22 JULY 2019

Coca-Cola Japan to take soda giant’s only alcoholic drink nationwide
Lemon-Do to hit stores in October as group weans itself off pop

UN nuclear watchdog chief Amano dies at 72
Diplomat guided IAEA through tensions over Iran’s nuclear development

Economists question Japan’s planned consumption tax hike
Abe ‘will not hesitate to take fiscal action’ in face of global downturn