Nikkei Asian Review (Aug 6, 2020) | 一般社団法人 ラテンアメリカ協会

Nikkei Asian Review (Aug 6, 2020)


Aug 6th

Toyota forecasts net profit will fall over 60% in FY 2020
Carmaker remains bullish in major markets, including China, despite pandemic

Remembering Hiroshima and Nagasaki 75 years on
Voices from two devastated cities still ring out, with power and relevance

Coronavirus latest: Facebook pulls Trump post over ‘misinformation’
Philippine Q2 GDP shrank 16.5%; Australia PM says unemployment to peak at 10%

Taiwan tech expo courts Japanese businesses fleeing China
Computex Taipei touts ‘Made in Taiwan’ revival to sell clients on production

UK and Japan stand ‘side by side’ on Hong Kong and pandemic
British foreign minister Raab says Tokyo ‘key’ partner in talks with counterpart

Trump’s new envoy to Japan wants auto trade deal
Kenneth Weinstein optimistic for ‘fruitful conclusion’ to host-nation support

Toyota accelerates ‘kaizen’ drive under coronavirus pressure
Automaker revs up for post-pandemic recovery

Japanese population shrinks by record 500,000
Steady rise in younger foreign residents cushions decade-plus slide

Asian ports tighten quarantine, leaving sailors stuck at sea
Crew members unable to switch shifts in Manila and Singapore

Uber Eats Japan starts monthly unlimited plan to fence out rivals
Top delivery platform eager to keep second-ranked Demae-can at bay

World’s top motorcycle maker Honda not immune from virus
Net profit projected to fall 64% with slump in India and other key markets


Key Apple suppliers approached for possible Arm sale
TSMC and Foxconn among those interested in SoftBank-owned chip designer

Japan’s bank transfer system to open access to fintech companies
Adding new players likely to push fees lower

Japan eases reentry ban as stranded foreign residents weigh future
Businesses and educators fear long COVID lockout will lead to talent losses

Tokyo and Seoul must avoid tit for tat over wartime labor
Regional security depends on neighborly relations

How bicycle parts maker Shimano eclipsed Nissan in market cap
COVID-19 had something to do with it but globalization played a larger role

Kobe makes TikTok account private over security concerns
Zoo animal videos off limits as residents of Japanese city fret over Chinese app

McDonald’s Japan’s supersized growth didn’t wow US bosses
Despite unit’s comeback, decline in dollar sales paints picture of stagnation

Toshiba plans $320m AI research hub to spearhead recovery
New complex will bring together 3,000 experts in pursuit of breakthrough

Takeda starts trials of 3 COVID drugs in US with Amgen and AbbVie
Alliance looks to test existing treatments’ potential against coronavirus


Nippon Steel to immediately appeal South Korea’s asset seizure
Ruling allows for confiscation of stocks to compensate for wartime labor

Sony’s key image sensor business hit by smartphone market decline
Japanese group forecasts 12% drop in net profit for FY2020 amid coronavirus

Japan’s foreign minister to fly to UK in bid to conclude FTA talks
Motegi’s trip is first by a Japanese minister since onset of COVID

Japan to update English translations of business laws by FY2022
Government to revise 770 of them and add 300 to encourage foreign investment

Daikin to develop medical face mask with national institute
Reusable type will be equivalent to NIOSH-approved N95 versions

Japan curry house tries luck with true connoisseurs — in India
Ichibanya opens first restaurant in New Delhi

Mitsubishi eyes car production in Myanmar
Automaker focuses on ASEAN while scaling back Europe operations

Japan-South Korea labor row muddles US plans on China
Tokyo weighs recalling ambassador if Nippon Steel asset sales proceed

7-Eleven plans expansion to 20,000 US stores after Speedway buy
Acquisition cements Seven & i’s top position in major retail market