Toyota's stock price fell by over $15 billion last week after it admitted lying on safety certification tests.
Tags: Japan
US Pushes for Stricter Semiconductor Export Limits to China, Official Heads to Japan
A US official is traveling to Japan after discussions with the Dutch government to strengthen allied to restrict China's access to advanced semiconductor technology.
Toyota Shareholders Re-Elect Akio Toyoda as Chairman Amid Safety Test Scandal, Governance Issues
Toyota shareholders re-elected chairman Akio Toyoda to his post on the board but left him beleaguered due to the company’s governance issues and scandals involving some of its car models.
G7 Agrees to Give Ukraine $50 Billion Loan Amid War vs. Russia
The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.
Japan Enacts Legislation Mandating That Google, Apple Permit Use of Third-Party Apps
Japanese legislation penalizes digital corporations like Google and Apple that don't allow third-party applications and payment systems.
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In response to the safety test controversy, Toyota Chairman Akio Toyoda apologized while bowing before reporters.
Japanese company TEPCO will employ a remote-controlled robot to retrieve melted fuel debris from Fukushima Daiichi's damaged reactors, the first step in addressing the aftermath of the 2011 nuclear disaster.
South Korean President Yoon Suk-Yeol, Japanese Prime Minister Fumio Kishida, and Chinese Premier Li Qiang are to hold a trilateral summit in Seoul which would focus on resuming talks on a free trade agreement, among other matters.
Chinese Premier Li Qiang welcomed Samsung's investment in China before a historic summit involving South Korea and Japan.
Kabosu, the Shiba Inu behind the iconic 'Doge' meme and inspiration for Dogecoin, passed away, leaving a legacy that transcended internet culture to influence cryptocurrency worth $23 billion.
South Korea, Japan, and China are set to undergo a trilateral summit in Seoul on May 27, the first time the three nations held such talks in five years.
The 10-year Japanese Government Bond (JGB) rose to its highest level in 11 years since a similar rating was recorded back in 2013.
Japan's SoftBank Corp. is banking on AI to tone down the voices of irate customers to help call center workers deal with such clients.
Japanese Finance Minister Shunichi Suzuki told reporters about the importance of the government cooperating and coordinating its financial goals with the Bank of Japan.
