August 2019
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55 articles published


Four Japan firms fined in South Korea for auto parts bid-rigging

Business Aug 5, 2019

Four Japan firms fined in South Korea for auto parts bid-rigging

South Korea's fair trade commission has ordered four Japanese companies to pay fines totaling 9.2 billion won (¥803 million) for rigging bids on auto parts supplied to South Korean automakers. According to media reports Sunday, the four are Mitsubishi Electric Corp., Hitachi Automotive Systems Ltd., ...

Japan firms join exodus from China's factories as tariffs bite

Business Aug 5, 2019

Japan firms join exodus from China's factories as tariffs bite

Top Japanese companies including Sony Corp., Ricoh Co. and Asics Corp. are orchestrating shifts in production away from China, joining manufacturers from other countries seeking to sidestep U.S. tariffs. Sony said last week that trade-war levies may cause it to raise prices or move production ...

Australia rules out hosting U.S. intermediate-range missiles

Asia Pacific Aug 5, 2019

Australia rules out hosting U.S. intermediate-range missiles

Australia on Monday ruled out hosting ground-based U.S. missiles after talks with Washington's top defense and diplomatic officials. Following an announcement that the United States plans to deploy intermediate-range missiles in Asia — widely seen as an effort to contain China — Australia scotched the ...

National Aug 5, 2019

Magnitude 6.4 earthquake shakes Fukushima Prefecture

A magnitude 6.4 earthquake registering a lower 5 on the Japanese intensity scale struck off Fukushima and Miyagi prefectures on Sunday evening, the Meteorological Agency has said. The epicenter of the quake, which occurred at around 7:23 p.m. at a depth of about 45 kilometers ...