Business Nov 22, 2019

Loss-making Japanese public-private farm fund may be dissolved

The finance and farm ministries will "thoroughly" review the operations of a struggling public-private investment fund aimed at supporting the agriculture, forestry and fisheries industries, and may opt to dissolve it, sources with knowledge of the matter said Thursday. They believe it would be difficult ...

Sumitomo to invest in Taiwan's top electric bus-maker

Business / Corporate Nov 13, 2019

Sumitomo to invest in Taiwan's top electric bus-maker

Trading house Sumitomo Corp. will spend some ¥500 million ($4.5 million) by February 2020 to acquire a 6.7 percent stake in Taiwan's top electric bus-maker, RAC Electric Vehicles Inc. The two will seek to capitalize on the Taiwan government's plan to replace 15,000 conventional buses ...