Nikkei Asian Review (Aug 5,2019) | 一般社団法人 ラテンアメリカ協会

Nikkei Asian Review (Aug 5,2019)

5 AUGUST 2019

China’s yuan breaches 7 to dollar to weakest in decade amid trade spat
US-China standoff erodes Asian company profits

Japan’s unicorn population a shadow of those in the US and China
SmartNews joins Preferred Networks and Liquid Group with more than $1b valuation

Fiat Chrysler says door still open to Renault merger
FCA chief ‘interested in hearing’ from French rival as talks open over Nissan stake

Japan Inc. to speed up China exit in response to more tariffs
Nintendo and Kyocera shifting production to Vietnam

US-China and Japan-South Korea trade wars undermine world’s economy
Everything that can go wrong in global system is going wrong

Cashless payment booms in China and India spell end of the ATM
Growth of fintech pressures banks to revise their business models or perish

Japan art festival halts exhibition of ‘comfort women’ statue
Organizer received a number of threatening emails, phone calls and faxes

4 AUGUST 2019

Toyota brings ‘kaizen’ production philosophy to Japan’s ailing farms
Automaker’s efficiency improvements boost agriculture’s rep among younger workers

Cafe battle brews in Asia as Japan chains eye Starbucks patrons
New entrants seek to lure millennials with quality service

South Korea readies stimulus to soften impact of Japan trade rift
Tokyo says removal of Seoul’s special status adheres to WTO rules

Tourists flock to Japan — but only splash out in Tokyo
Osaka gains in visitor numbers but falls further behind in spending

Nightmare 2040: Japan’s lost generation
Grim future faces numerous elderly with little or no means of financial support

3 AUGUST 2019

‘Mountaintop’ now visible in US-Japan trade talks: Tokyo envoy
Top negotiators plan another meeting by end of August

Honda’s profit skids 16% as motorcycles stall in India
But automaker predicts rebound in two-wheelers despite economic uncertainty

Japan suppliers fear lost sales as export controls target Seoul
South Korean companies add months of inventories and look for alternative sources
Tencent turns to Nintendo and 5G to reboot game business
Switch console and Qualcomm tie-up generate buzz at Shanghai event

Kyocera shifts China production to Vietnam to avoid Trump tariffs
Japanese manufacturer will move copier output by March

Race to avoid title of lowest minimum wage sweeps Japan
Kagoshima hopes to shed dubious honor after losing by 1 yen last time

New Trump tariff hits Asian exporters dependent on US consumers
Thai electronics industry faces drop in trade, but food and textiles to benefit

Japan and South Korea still far apart after Pompeo-led meeting
US Secretary of State fails in push for diplomatic cease-fire between allies

2 AUGUST 2019

South Korea to retaliate over Japan’s ‘white list’ removal
Tensions escalate as neighbors take away each other’s preferential trade status

Toyota Q1 operating profit rises 8.7% despite weak global economy
But mounting trade worries see automaker lower full-year net profit forecast

Russian PM visits disputed island off Japan’s Hokkaido
Medvedev made the trip despite Tokyo’s request to cancel 
Asian stocks plummet as Trump steps up China trade war
Nikkei index drops 500 points while regional benchmarks fall across board

US fears Japan-South Korea tensions may worsen
Washington pushes for ‘standstill agreement’ to allow more time for talks

Japan seeks quick settlement with US on trade: minister
Senior officials discuss autos, beef and farm products in Washington
Top bosses in Japan draw record pay but gap with US widens
Executive compensation grows with spread of performance-linked bonuses

F-35 returns to Japan’s skies but safety concerns swirl
Tokyo still shunned from ‘partner’ country status

Nidec readies Chinese EV motor venture with Guangzhou Auto
Japanese manufacturer plans third production site in key electric car market

Japan and South Korea ministers make no progress on export curbs row
Tokyo set to remove its neighbor from ‘white list’ as tensions rise