Nikkei Asian Review (Sep 14, 2020) | 一般社団法人 ラテンアメリカ協会

Nikkei Asian Review (Sep 14, 2020)


Latinamerica

Sep14th

WHO reports record one-day increase in global coronavirus cases, up over 307,000
Biggest increases from India, US and Brazil

Japan

Sep 11th

Amazon Japan returns $18m to suppliers in deal with Tokyo
American e-commerce giant said to have forced vendors to bear portion of discounts

Sony to triple renewable energy usage to 15% within 5 years
$9m green venture fund also part of ESG initiative

Japan’s fractured opposition unites as party of 140-plus lawmakers
Leader Edano pledges to offer a viable alternative with eye on general election

Asia’s divide over TikTok: troubled in Tokyo, chilled in Manila
Reactions to security fears after US crackdown on app reflect relations with China

Asian air safety problems aggravated by COVID-19
Issues of pilot training and safety plague cash-strapped airlines

Oil spill shipper Mitsui O.S.K. to spend $9.4m for Mauritius cleanup
Japanese group to set up relief fund for coral reef recovery and mangrove protection

Suga says consumption tax hike inevitable, then backtracks
Abe’s likely successor confirms ‘no raise necessary for 10 years’

Japan is only harming itself with wrongheaded China Exit strategy
Corporate Japan disagrees with policy, seeing the need to stay vested in China

Nikkei 225 High Dividend Yield 50 to replace component stocks
Index will again comprise 50 constituent companies after change

Roche seeks approval for COVID-19, flu combo test in Japan
New PCR exam by Swiss drugmaker comes as hospitals brace for winter flu season

Nissan to issue $8bn in US-dollar corporate bonds

Automaker to bolster cash reserves in face of costly reforms and pandemic

Abe calls for decisions on Japan’s preemptive strike capabilities
Outgoing PM wants government to reach conclusions by year-end

Japan and UK reach general agreement on new trade pact
Deal marks first post-Brexit accord between Britain and other countries

Sep12th

Japan appoints ex-Self-Defense Force officer as Djibouti ambassador
Otsuka headed to Horn of Africa nation, which hosts Japanese and Chinese bases

In Jakarta suburb, Mitsubishi and Temasek plan $2bn smart city
High-tech community includes homes, shopping and medical services in 1 sq km

Longtime allies of Japan’s Suga open up about PM front-runner
Mentor’s son and campaign manager note hard work and attention to detail

Japan’s ‘last banker’ Yoshifumi Nishikawa dies at 82
As Sumitomo Mitsui chief, he secured capital from Goldman Sachs

Japan stationery maker targets Marie Kondo crowd with ’80s remake
Plus Corporation reboots ‘team-demi’ kit for tidying up aficionados

Book review: Shinzo Abe’s sudden resignation leaves a legacy unfinished
New biography traces the conservative roots of Japan’s longest-serving prime minister

Japanese producers buck weak demand for algae-based biofuel
Southeast Asian production rises while palm oil waste also takes the spotlight

Startups rewrite rules of traditional Japanese sake
Upstart brewers look to expand beverage’s global appeal via new taste and tech

Abe visits hospital for 1st time since resignation announcement
Japan’s outgoing prime minister receives treatment for ulcerative colitis

Athletes’ training set back after virus delays Tokyo Olympics
Lockdowns make finding training venues and taking part in trials more difficult

Sep13th

Japan PM front-runner Suga vows to not back down from China
Chief cabinet secretary stresses alliance with US in debate with other candidates

Osaka wins US Open for 3rd Grand Slam title

SoftBank set to sell UK’s Arm Holdings to Nvidia for $40bn
Sale comes four years after Masayoshi Son bought the chip designer

Japan’s empty bullet trains look to fresh freight for revenue
Railway operator does not expect passenger numbers to return to pre-virus levels

Japan filmmaker Kurosawa wins best director award at Venice

Business card culture fades in Asia as COVID spread cuts contact
Companies instead adopt cloud-based contact management to drive their expansion

US cuts off Huawei, TikTok sale deadline, Japan prime minister election
Your weekly lineup of Asia’s biggest business and political news

UK accelerates talks with TPP members after closing Japan trade deal
Trade Secretary Liz Truss outlines next steps to join 11-member pact

Suga dodges question on whether to call snap election on becoming PM
Some senior lawmakers hinted an early general election following the launch of new Cabinet

Sep14th

Japan’s LDP lawmakers vote for chief, with Suga in pole position
Front-runner promises to pick leadership team based on skill, not politics

Big Japan law firms expand China-related services amid tensions
Impact of US-China feud brushed aside as opportunities too big to ignore

SoftBank reaches $40bn deal to sell Arm to US chipmaker Nvidia
Japanese group will keep minority stake in UK chip designer