japan

Straits Herald February 15, 2020

by Martin Abbugao Asian plane makers have thrown huge sums at building jets but flagship projects have suffered repeated setbacks, and they face a tough time breaking into a market dominated by established players. The Asia-Pacific region is the world’s biggest aviation market for commercial aircraft and Japanese and Chinese firms have embarked on programmes […]

Straits Herald January 14, 2020

The United States on Monday removed the currency manipulator label it imposed on China last summer, in a sign of easing tensions between the two economic powers after nearly two years of conflict. Just two days before President Donald Trump is set to sign a “phase one” trade agreement with China, the US Treasury said […]

Straits Herald December 1, 2019

Saudi Arabia became the first Arab nation Sunday to take over the G20 presidency as it seeks to bounce back onto the world stage following global uproar over its human rights record. The oil-rich kingdom has promoted a liberalisation drive, including granting greater rights to women, but faced strong criticism over a crackdown on dissent […]

Straits Herald October 25, 2019

by Juliette MICHEL WeWork co-founder Adam Neumann, whose unconventional approach to business and governance pushed boundaries on Wall Street and Silicon Valley, has been pushed off the struggling firm’s board — with a $1.5 billion payout. Neumann had already been forced to step down as chief executive last week as pressure mounted on the cash-hemorrhaging […]

Straits Herald September 27, 2019

SoftBank Group CEO Masayoshi Son is no stranger to controversy, but a meltdown at WeWork has sparked pointed questions about whether his enormous investments and futuristic pronouncements are more style than substance. It has been a tough year for Son, who transformed a firm that began in software into a powerful tech investor that backs […]

Straits Herald August 21, 2019

by Anne BEADE / AFP Once a pioneer in cashless transactions, Japan is now lagging behind as the world’s biggest economies increasingly embrace electronic payments — because its ageing population still prefers physical money. Four out of five purchases are still made with cash in Japan, despite its reputation as a futuristic and innovative nation. […]