Japan

Air Transport, Solar and Wind Power News

February 24, 2011
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Air Transport, Solar and Wind Power News

 A Japanese airline (a conglomeration of All Nippon Airways and ANA) will begin low cost domestic flights in November and services to China next year.  According to the Civil Aviation Administration of China (CAAC) over 5 million passengers were transported during the Spring Festival through domestic carriers, organizing close to 40,000 flights to meet increased holiday travel demand.  Services will be expanded between Dalian in China’s Liaoning Province and Toyama, Japan to Beijing.  Turkish airlines has grown, as well...

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Substantial Drop in Asian Shares

February 22, 2011
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  Recent world events – New Zealand earthquake, Japan’s credit rating downgrade and continued Middle East and Libyan unrest – led to a significant drop in stock markets across Asia.  For example, South Korea’s Kospi, the Nikkei 225 stock and Hong Kong’s Hang Seng index all plummeted around 2 percent.  As well, Japan had trouble dealing with its huge debt following Moody’s Investors Service downgrading its outlook for the country’s credit rating, citing “increasing uncertainty” over Japan’s capacity to...

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Biomass Joint Project

January 30, 2011
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Biomass Joint Project

Japanese and Vietnamese research teams are cooperating on a joint project to develop a clean and renewable natural resource from biomass. The project, named “Sustainable Integration of Local Agriculture and Biomass Industries,” started in October 2009 and is to last for five years. It will be worked on primarily by researchers from the University of Tokyo (UT) and the Ho chi Min City University of Technology (HCMUT). According to Dr Phan Dinh, the projects’ goal is to develop methods...

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Mitsubishi develops LNG Joint Venture

January 25, 2011
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Mitsubishi develops LNG Joint Venture

Japan’s largest investment house, Mitsubishi Corp., plan to invest in a liquefied natural gas (LNG) project valued at $2.8 billion through an Indonesian joint venture. The investment will produce 2 million tons of LNG per year, starting in 2014. This project will bolster a decline in Indonesian LNG exports. Mitsubishi and Indonesia will share the expensive resource development costs. Mitsubishi will have a 45 % stake in project. The joint venture will bring in another partner, Kogas, Korea Gas...

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Japanese Banks Target Malaysia and Indonesia

January 17, 2011
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Japanese banks are focusing on developing lending agreements In Malaysia and Indonesia, the fastest developing economies. Southeast Asia has a large population, a developing infrastructure and a many natural resources. Moody’s, noting Indonesia’s better debt position and it’s healthy economy, has acknowledged Indonesia’s potential by raising its rating. Therefore, Japanese banks are creating deals with local lenders and are also enlarging their offices to increase their loan business in Malaysia and Indonesia. One of Japan’s largest banks, Sumitomo Mitsui...

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11 Japanese Stocks Have Been Chosen For Long Term Investment By Mitsubishi UFJ Morgan Stanley Analysts

January 13, 2011
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Mitsubishi UFJ Morgan Stanley Securities Co., chose Japanese stocks that it predicts will profit in the medium term to long term. This list includes: The camera manufacturer Canon Inc., which jumped 26 % in the last six months of 2010; Fanuc Ltd., Japan’s biggest industrial robot manufacturer that advanced 45 % 2010; Dentsu Inc., Japan’s largest advertising company that declared its non-consolidated net sales for December grew by 6.3 % from 2009 to today; Mitsubishi Chemical Holdings Corp., a...

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Sompo Japan to ally with Bank of Shanghai

December 26, 2010
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Sompo Japan to ally with Bank of Shanghai

The Bank of Shanghai will create a sales partnership with Sompo Japan Insurance Inc. the deal may be publicized on Monday. The Chinese division of Sompo Japan will begin marketing policies to business clients through the Bank of Shanghai in early 2011. The Bank of Shanghai will acquire insurance experience form its Japanese counterparts. Meanwhile, the Japanese company will increase profits through expanding into the rapidly growing Chinese market.

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Thakral Sets New Strategy For Real Estate Business

December 15, 2010
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Thakral Corporation will partner as a financial investor with with developers to implement its new strategy for its real estate business. In its filing with the Singapore Exchange, the company wrote that as a capital investor, it seeks to invest in affordable mid-sized residential developments located in cities in Asia Pacific and Australia. Thakral indicated that its new strategy will generate a second revenue stream for the company. The firm is seeking returns of 15 to 25 per cent,...

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South Korea’s GS Global Will Invest $5 Million in Steel Strips

December 14, 2010
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South Korea’s GS Global Corp intends to invest USD 5 million in India’s Steel Strips Wheels. According to a top official at Steel Strips, This investment comes within a month of the Indian firm selling some of its stake to Japan’s Sumitomo Metal Industries. Steel Strips makes wheel rims for auto makers. According to Managing Director Dheeraj Garg, it plans to use the funds to expand capacity at its Jamshedpur plant in Jharkhand. The deal will be signed on...

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Second Month of Declining Orders For Japanese Machinery

December 8, 2010
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The second month of declining machinery orders from Japan leaves business cautious about spending. In Japan, machinery orders are considered an accurate indicator of upcoming business investment. According to the Japanese government, Japanese machinery orders dropped by 1.4 percent to 8.9 billion dollars. This is the second month of declining orders. The Japanese economy is suffering due to the strong yen and uncertainties about the world economy. Export demand has declined due to slower growth in major foreign markets....

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