Nissan wary of Ghosn rekindling coup theory
Former CEO Carlos Ghosn was released this week on bail. Nissan Motor Co. has been wary of renewed criticism toward it since its former Chairman Carlos Ghosn was released on bail…
China: Huawei lawsuit legitimate, understandable
Huawei is suing the government for banning the company’s product from federal use. It is completely understandable for enterprises to safeguard their legitimate rights…
Foreign firms to get access to more sectors in China
Agriculture, mining, manufacturing, service sectors to be opened up, says state planner. China’s state planner has said more opening measures will be introduced in the…
China to boost consumption to stimulate a slowing economy
China will boost the incomes of urban and rural residents, and domestic consumption is expected to continue to expand and to upgrade. China is taking steps to bolster consumption…
Malaysia state fund Khazanah records pre-tax loss of $2 billion
Khazanah declared RM1.5 billion dividends to the government, up from the 2017 dividends of RM1 billion announced before last May’s general election. Malaysia’s…
Ghosn’s 3rd bail request approved
Bail was set at 9 million US dollars. The Tokyo District Court on Tuesday approved the release on bail of Carlos Ghosn, the former Nissan Motor Co. chairman. Bail was set at ¥1…
Myth of China’s economic growth collapsing
The myth of growth in which auto and housing sales continue to support the economy has collapsed. The National People’s Congress of China began Tuesday in Beijing. This year is…
China again urges US to drop Huawei CFO extradition
Canada has begun its extradition process and a high court will rule on Meng Wanzhou’s extradition. Beijing firmly opposes Ottawa’s obstinate procession with Huawei…
Japan turns to smartphone payments
Businesses, consumers increasingly turn to smartphone payments as modus operandi. More and more businesses are introducing cashless payment services via smartphones, with quick,…
Vice-Premier Liu to visit US for trade talks
Talks have been progressing but hopes that trade war will be scaled down remains low. News At the invitation of the US, Vice-Premier Liu He will visit Washington for the seventh…