TOKYO/NAGOYA, Japan -- Isuzu Motors plans to develop a light-duty fuel cell commercial truck with Japanese compatriot Toyota Motor to focus on smaller vehicles that can access more hydrogen filling stations, with a goal of mass production in fiscal 2027.
Airbus, Hitachi, Subaru and more join Japan-EU defense industry push
BRUSSELS -- Companies from Japan and the European Union plan to participate in a framework for cooperation between the two sides' defense industries in a public-private effort to fortify supply chains amid rising geopolitical risks.
Singaporean data center provider opens AI testing hub for businesses
SINGAPORE -- Singaporean data center provider ST Telemedia Global Data Centres (STT GDC) said Wednesday it has established a hub where client businesses can test their artificial intelligence solutions at a low cost.
Japan's big banks jostle to secure dollars with overseas corporate payments
TOKYO -- Japan's biggest banks are stepping up corporate payment services overseas, seeking to support Japanese companies' foreign operations while securing a steady stream of U.S. dollars and other foreign currency deposits.
Airline stocks fall most among Nikkei sectors since start of Iran war
TOKYO -- Shares of Japan Airlines and ANA Holdings are near a low for this year as stocks in the sector are hampered by skyrocketing fuel costs since the initial U.S.-Israel strikes on Iran and a potential decline in passenger numbers.
Pakistan pushes for second US-Iran talks and seeks 'guarantees' for Tehran
ISLAMABAD -- After the first round of Islamabad-mediated U.S.-Iran peace talks failed to reach an agreement last weekend, Pakistani officials are increasingly confident they can convene a second round within the next few days -- before the expiry of the two-week ceasefire agreement brokered by Islamabad and announced last Wednesday.
Suzuki Motor, after India success, sets sights on 10% of African market
TOKYO -- Japanese automaker Suzuki Motor sees in Africa a vast market that could become its next India.
Overseas visitors to Japan rose 3.5% in March despite Iran war
TOKYO -- Overseas visitors to Japan rose 3.5% in March compared to 12 months earlier despite flight cancellations and fuel surcharges caused by the war in the Middle East.
India's oil companies absorb big losses to cushion Iran fuel shock
MUMBAI -- More than 45 days into the U.S.-Iran war that has sent global crude oil prices soaring, India's oil marketing companies (OMC) have taken deep hits to their profit margins to ensure the retail prices of regular gasoline and diesel remain virtually unchanged in the world's third-largest crude oil importer.
Chinese exporters at largest trade expo unfazed by Iran war
GUANGZHOU -- Higher energy prices and supply chain disruptions from the Iran war are doing little to stop Chinese exporters from pursuing growth overseas to compensate for weak consumer appetites at home.