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Japan Insurers Plan to Sell $3.1 Billion Worth of Honda Shares, Reuters Reports
Jul 2 2024 // Japan’s four top property and casualty insurers, along with other financial firms, are planning to sell around ¥500 billion ($3.1 billion) worth of shares in Honda Motor Co., Reuters reported. Tokio Marine Holdings...
Japan Auto Safety Scandal Widens; Toyota Halts Shipments of Some Vehicles
Jun 3 2024 // A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan’s transport ministry found irregularities in applications to certify...
KKR Weighs Entering Private Credit in Japan to Challenge Banks
Jun 3 2024 // KKR & Co. is considering entering the private credit market in Japan to provide an alternative to bank loans. “It will be a medium to long-term initiative,” Hiro Hirano, the head of KKR Japan said in an...
Robot to Remove Melted Nuclear Fuel From Japan’s Damaged Fukushima Reactor
May 30 2024 // The operator of Japan’s destroyed Fukushima Daiichi nuclear power plant demonstrated Tuesday how a remote-controlled robot would retrieve tiny bits of melted fuel debris from one of three damaged reactors later this...
Japan’s Insurers Surge on Buybacks, Unwind of Cross-Holdings
May 21 2024 // Shares of Japanese insurers MS&AD Insurance Group Holdings Inc. and Tokio Marine Holdings Inc. surged after the companies announced stock buybacks, as well as plans to sell their holdings in client...
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