Nikkei Asian Review (Jul 9, 2020) - 一般社団法人 ラテンアメリカ協会

Nikkei Asian Review (Jul 9, 2020)


Japan

Jul 9th

Ootoya eateries face 7.1bn yen takeover bid by cost-cutting peer
Colowide takes new approach after retail investors rejected earlier attempt

Two decades later, Japan still talking of online government
Pledge to go paperless faces same unenthusiastic bureaucracy

Japan to halt state support for overseas coal-fired power plants
Heavy criticism pushes Tokyo to promote greener options in emerging countries

Vietnam bid to invest in Japan refinery stalls
Petrolimex’s venture with Eneos stuck ahead of Hanoi leadership shuffle

Japanese stocks teeter on edge of fresh turbulence
Upcoming earnings season will prove test of market’s precarious balance

Mitsubishi Estate fund joins key US real estate index
Japanese developer rubs shoulders with American and European asset managers

Jul 8th

Japan’s GDP dips 0.5% in May: JCER
Economy stanches bleeding from coronavirus but continues to shrink

Itochu to take 100% stake in convenience store FamilyMart
Japanese trading house announces buyout will cost $5.4bn

Japan’s economy watcher sentiment logs record rise in June
Taxi drivers, waiters and other retail workers have high recovery expectations

Japanese masks go from commodities to ‘cool’ value-added products
Coronavirus creates opportunities for Uniqlo and other brands to add innovations

Japan’s ruling party torn over Xi Jinping invitation
Concern over economic ties with China dampens criticism on Hong Kong law

Pacifist Japan seeks new name for defensive strikes
‘Self-defense counterattack’ emerges as alternative to preemptive strike

Japan targets 2031 production start of homegrown stealth fighter
Plane’s development was promised in defense buildup plan

Japan to pool $20bn with Europe, Canada for vaccine-buying fund
Smaller nations join forces to match US-China purchasing power

Deadly Japan floods halt factories across industrial base Kyushu
Production stoppages hit Toyota, Panasonic and Toto

Jul 7th

Japan’s May household spending drops at record pace amid pandemic
16.2% decline steepest since 2001 starting point and puts policymakers under gun

Pepper Food sacrifices cash cow for quick infusion
But $80m sale expected to sate Ikinari Steak operator for only a year

Toyota reissues parts for classic James Bond supercar
Only 337 of the 2000GT, which stars in 1967 film, were ever made