economy

Enterprise

Nippon Steel’s Chairman Eiji Hashimoto on US Steel Acquisition: “A Once-in-a-Lifetime Opportunity”

Nippon Steel Chairman Eiji Hashimoto discusses the challenges and reasons behind their $13.2 billion acquisition bid for US Steel.
Japanese economy

Jim Rogers Warns: Japan’s Declining Population and Rising Debt Threaten Its Future

Jim Rogers warns that Japan's simultaneous population decline and rising debt could jeopardize its future without immediate action.
Enterprise

40% of Generic Drugs Have Manufacturing Defects: Causes and Remedies

Discover why 40% of generic drugs have manufacturing defects, and explore expert insights on causes, remedies, and Japan's strict standards.
Global Economy

Korea’s Fiercest Export Competitor is Japan: 9 Overlapping Top Export Items

KOTRA's report reveals Japan is South Korea's top export competitor, with nine overlapping items in their top 10 exports.
Global Economy

China’s New EV Models Taking Market Share, Why Japanese and German Cars

At the 2024 Guangzhou Motor Show, China’s new EV models are gaining market share, leaving Japanese and German cars behind. What’s the reason?
Japanese economy

METI to Remove “Reducing Nuclear Power Dependence” from Basic Energy Plan

The Ministry of Economy, Trade and Industry (METI) plans to remove the phrase "reducing nuclear power dependence" from the Basic Energy Plan.
Enterprise

Biden Blocks Nippon Steel’s US Steel Acquisition, $565 Million Penalty Looms

President Biden plans to block Nippon Steel's $565M acquisition of US Steel. Cancellation could lead to a hefty penalty.
Global Economy

South Korean Semiconductor Industry at Risk: Experts Warn of Urgent Action

Experts from the Korean Academy of Engineering warn that the South Korean semiconductor industry faces a critical crisis.
bankruptcy.

Alicia Clinic Operator Bimikai Files for Bankruptcy, Largest Consumer Damage

Bimikai, operator of Alicia Clinic, files for bankruptcy with 91,800 creditors, causing the largest consumer damage to date.
Enterprise

Chinese Automakers Turn to Hybrids as EU Tariffs Impact Electric Car Sales

EU electric vehicle tariffs push Chinese automakers to hybrid cars, with Tucson Hybrid sales reaching 41,313 units from January to September.
Global Economy

Russia’s Wartime Economy Struggles: Ruble Plummets and Inflation Soars

Amid war and sanctions, Russia's economy shows strain as the ruble plummets and inflation skyrockets, signaling new challenges.
Global Economy

Won Exchange Rate Drops Unstoppably: Fears of 1,500 Won per Dollar

Concerns rise over the won’s decline, with fears it may reach 1,500 won per dollar due to political uncertainty surrounding President Yoon Seok-youl.