Business Topics

Toyota to let go of 800 workers in Thailand

Jul 6, 2016

Toyota to let go of 800 workers in Thailand

Car maker Toyota said Wednesday it is letting go of at least 800 workers at its factories in Thailand under a voluntary departure program, a reflection of deepening troubles in the Thai automotive industry. Toyota Motor Thailand said in a statement that it aims ...

Jul 6, 2016

Mazda recalls cars in China after regulator action on Takata air bags

Mazda Motor Corp.’s Chinese joint venture will recall 74,310 of its Mazda2 sedans in China to replace Takata Corp. air bags after an investigation by the country’s safety regulator. China’s General Administration of Quality Supervision, Inspection and Quarantine said Mazda will contact affected vehicle ...

Jul 5, 2016

Wacoal may relocate logistics base from U.K. to France

Wacoal Holdings Corp. is considering relocating its logistics base in Britain to France in the wake of the United Kingdom’s vote to leave the European Union. “We need to find a place to store inventories if tariffs are imposed in trade between Britain and ...

Huawei to enter Japan's laptop market

Jul 4, 2016

Huawei to enter Japan's laptop market

The Japanese unit of Chinese telecom giant Huawei Technologies Co. will enter the Japanese laptop market, starting with its hybrid Huawei MateBook laptop on July 15. The domestic personal computer market has been shrinking amid the popularity of smartphones. “We want to bring about ...

Japan's biggest banks to launch 24-hour money transfers

Jul 4, 2016

Japan's biggest banks to launch 24-hour money transfers

Sumitomo Mitsui Banking Corp., Bank of Tokyo-Mitsubishi UFJ and Mizuho Bank are planning to start allowing immediate money transfer services 24 hours a day. Sumitomo Mitsui said Monday it will start offering money transfer services between its accounts 24 hours a day, 365 days ...