Nikkei Asian Review (Nov 13,2019) | 一般社団法人 ラテンアメリカ協会

Nikkei Asian Review (Nov 13,2019)


11 NOVEMBER 2019

Japan September core machinery orders fall 2.9%

Japan logs 1.61tn yen current account surplus in September

Russia adds Asia-bound wood and steel scrap to commodities exchange
Moscow-based bourse looks to wield more influence over pricing in global markets

In pictures: Japan’s Emperor Naruhito’s enthronement parade
Thousands of spectators gather in Tokyo for event postponed by October typhoon

10 NOVEMBER 2019

Huawei’s foldable phone, Singles’ Day and Sri Lanka votes
Our weekly lineup of Asia’s biggest business and political events

Japan’s Imperial couple draws thousands for enthronement parade
Motorcade procession marks last event in Naruhito’s ascent to the throne

Taiwan cheesy tea purveyor waits for Japan’s tapioca bubble to burst
Cafe operator hatches franchise plan ahead of next beverage boom

Fukushima to be reborn as $2.7bn wind and solar power hub
Twenty-one plants and new power grid to supply Tokyo metropolitan area

Rich-country governments borrow furiously but business shuns debt
Collapse of traditional flow of funds sparks questions over economic trajectory

Toshiba’s core businesses propel 7-fold jump in operating profit
Railway systems, power generation and elevators grow while chip memory stalls


Japan emperor greets at celebration hosted by conservatives

Party’s over: Japan to end entertainment tax break for big companies
Deduction for meals and gifts has done little to boost spending

Rugby World Cup introduced Japan to high-end wining and dining
Tokyo Olympic hospitality packages are selling out fast despite $58,000 prices

Police start questioning suspected arsonist in Kyoto studio attack

Korean chip material makers face ‘Death Valley’ to counter Japan
Conglomerates dubious about price and quality of domestic materials

After Ghosn, Nissan’s ‘keiretsu’ suppliers back in the hot seat
This time, automaker’s leader has little leverage to pry price cuts from vendors

The 10 best places to experience Japan’s Edo period
Walk ancient samurai roads and travel back in time

Europe’s Mexico? Sumitomo props Morocco in post-Brexit world
Trading house aims to lure Japanese manufacturers to five industrial parks

Shipbuilder Mitsui E&S to sell off assets and cut 1,000 jobs
Money-losing group to exit commercial ships and renewable power plants

Eye in the sky: Japan seeks AI-guided surveillance for patrol planes
Ministry aims to debut tech in 2024 for short-staffed Self-Defense Forces

Ride-hailers squeeze SoftBank Vision Fund harder than WeWork
Transportation startups like Uber, Didi and Grab send tech investor falling

WeWork, Adam Neumann and SoftBank sued over botched IPO
Minority shareholders accuse company’s board of breaching duties

Nidec’s $900m green bond to fund its EV-motor ambitions
Japan’s largest-ever such float to go toward R&D and capacity expansion

MUFG eyes hundreds of millions in losses after US write-downs
Falling interest rates squeeze American acquisitions

Abe instructs ministers to compile economic package after disasters
First stimulus in three years to focus on repairing damaged infrastructure


RCEP trade deal can take effect without India, Thailand confirms
China, Japan, ASEAN and others to write up treaty for ratification by June

Suzuki postpones India auto plant opening amid sales slump
Country’s top brand suffers as tight credit and insurance costs put off buyers

Honda cuts profit outlook to 4-year low; unveils $915m buyback
Weakness in North America and India blamed amid quality struggles

Japan’s household spending rose at a record 9.5% in September
Rush to beat October sales tax hike seen driving solid domestic demand

Rare Hitachi wagyu to make Singapore debut, extending global reach
Premium beef for the masses? Whole-animal exports to help cut costs

Mitsubishi hops on Gojek to navigate Southeast Asia business
Trading house taps super app to strengthen foothold in Indonesia, Thailand and Philippines

Corporate Japan’s earnings poised to slip for second year
Manufacturing profits sink on trade war and auto slowdown

Wider Panama Canal opens floodgates for American LNG to Asia
Waterway to double slots for fuel carriers as emerging economies gain appetite for gas

Toray says profit blow ‘unavoidable’ from Boeing 787 cutbacks
Japanese materials maker sole supplier of composite used in the aircraft

Toyota outshines lackluster market to report record net profit
Automaker keeps outlook unchanged as it announces 200bn yen share buyback

Blackstone ready to hold more talks with Japan bid target Unizo


Japan’s top banks suffer 1st combined income drop in three years
Lower profitability hits bottom lines at Mitsubishi UFJ, Sumitomo and Mizuho

Asia braces for ‘tech winter’ after SoftBank losses
‘Break-even’ replaces ‘growth’ as the new mantra for startups in the region

Shuri Castle fire highlights unique Okinawan history and identity
Uniting Japanese, Chinese and Ryukyuan elements, heritage site should rise again