Japan business news
Here are some recent Japan business news articles:
Economy
- Japan's economy contracts at fastest pace in 11 years (Reuters) - Japan's economy shrank at an annualized rate of 6.3% in the first quarter, the fastest pace since 2009, due to the COVID-19 pandemic and a decline in exports.
- Japan's GDP growth slows to 0.4% in Q1 (Nikkei Asian Review) - Japan's gross domestic product (GDP) grew at an annualized rate of 0.4% in the first quarter, slower than expected, due to a decline in consumer spending and business investment.
Technology
- Sony to acquire US-based game developer Insomniac Games (The Japan Times) - Sony has agreed to acquire Insomniac Games, a US-based game developer known for its Spider-Man and Ratchet & Clank games, for an undisclosed sum.
- Japan's SoftBank to invest $1 billion in Indian e-commerce firm Flipkart (Bloomberg) - SoftBank, a Japanese technology conglomerate, has agreed to invest $1 billion in Flipkart, an Indian e-commerce firm, as part of a larger funding round.
Automotive
- Toyota to invest $13.5 billion in US electric vehicle battery production (The New York Times) - Toyota has announced plans to invest $13.5 billion in the United States to produce electric vehicle batteries, as part of its efforts to reduce its carbon footprint.
- Honda to recall 1.4 million vehicles globally due to airbag defect (Nikkei Asian Review) - Honda has announced a global recall of 1.4 million vehicles due to a defect in the airbag system, which could cause the airbag to deploy incorrectly.
Finance
- Japan's Nikkei 225 index falls 2.5% on US-China trade tensions (The Wall Street Journal) - The Nikkei 225 index fell 2.5% on Monday, following a decline in US stocks, as investors reacted to the escalation of trade tensions between the US and China.
- Japan's Mitsubishi UFJ Financial Group to acquire US-based investment bank Nomura Securities (The Financial Times) - Mitsubishi UFJ Financial Group, Japan's largest bank, has agreed to acquire Nomura Securities, a US-based investment bank, for an undisclosed sum.
Other
- Japan's convenience store chain 7-Eleven to expand into India (The Economic Times) - 7-Eleven, a Japanese convenience store chain, has announced plans to expand into India, its first market in South Asia.
- Japan's Rakuten to acquire US-based online travel agency Expedia (The Japan Times) - Rakuten, a Japanese e-commerce company, has agreed to acquire Expedia, a US-based online travel agency, for $3.9 billion.
These are just a few examples of recent Japan business news articles. If you're looking for more information, I can try to help you with that!