Business Topics

Jan 18, 2017

Mizuho, Sumitomo Mitsui Trust eye merging asset management banking arms

Mizuho Financial Group Inc. and Sumitomo Mitsui Trust Holdings Inc. are discussing integrating their asset management banking businesses, sources said Wednesday. The integration across their traditional keiretsu groupings is aimed at boosting the scale of the business to curb costs and implement streamlining at ...

Jan 13, 2017

Honda to revive Civic in Japan after six-year hiatus

Honda Motor Co. will revive the Civic compact line in Japan this summer after a roughly six-year hiatus, the automaker said Friday. Honda, which plans to launch three Civic models including a sedan, aims to enhance its brand power by reviving the popular line. ...

Jan 13, 2017

Nippon Steel asks rivals to supplement production after fire

Nippon Steel & Sumitomo Metal Corp. has asked rival makers to help produce steel products as its plant in western Japan remains offline after a fire there last week, a company official said Friday. In addition to drawing on its existing stock and alternative ...