The Daily Manila Shimbun

 

Subaru Chief Apologizes to Shareholders for Scandals

June 22, 2018

Tokyo- Speaking at a general meeting of its shareholders on Friday, Subaru Corp. President Yasuyuki Yoshinaga apologized for recent inspection and data scandals that have plagued the Japanese automaker. “We offer a heartfelt apology for repeatedly causing inconvenience and anxiety,”

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Stock index rallies after falling past 7,000 mark

June 22, 2018

The Philippine Stock Exchange index skidded below the 7,000 points mark before a last-minute rally reduced its losses on Friday. The index finished at 7,063.20 points, down 34.95 points. It fell to as low as 6,933.94 in early trading. Week-on-week,

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Airbnb Deleted Thousands of Illegal “Minpaku” Short-Term Rentals

June 22, 2018

Tokyo- Airbnb Inc. has deleted thousands of illegal “minpaku” short-term rentals in Japan from its website, since a Japanese law to regulate minpaku private lodging business took effect on June 15, company sources have revealed. The properties were not registered

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Hitachi Eyes Fourfold Boost in Data Scientists by FY 2021

June 22, 2018

Tokyo- Japan’s Hitachi Ltd. said Thursday that it will boost the number of data analysis experts across its group over fourfold to 3,000 by fiscal 2021. The company sees fostering data scientists as essential to capitalize on artificial intelligence and

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Sake Brewers Make Sales Pitches in Australia

June 22, 2018

Sydney- Japanese sake brewers made sales pitches at an event in Sydney on Thursday, touting chemistry between their products and Japanese beef, which will return to the Australian market soon. The event brought together 17 brewers, including Kobe Shushinkan Breweries

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EXCLUSIVE: JFE Products Included in U.S. Steel Tariff Exemption List

June 21, 2018

Tokyo- Products made by at least two Japanese companies, including JFE Steel Corp., were among the first set of product exclusions from additional U.S. steel tariffs, officials at Japan’s trade ministry told Jiji Press on Thursday. The exclusion list was

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Japan Supermarket Sales Down 2.3 Pct in May

June 21, 2018

Tokyo- Sales at supermarkets in Japan in May fell 2.3 pct from a year before on a same-store basis, down for the third straight month, industry data showed Thursday. The drop chiefly reflected weak sales of summer clothing, such as

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Peso remains at 12-year-lows despite rate hike

June 21, 2018

The Philippine peso remained at 12-year-lows against the US dollar Thursday despite the second straight monthly of rate hikes by the Bangko Sentral ng Pilipinas (BSP). The peso hit a low of P53.50 before steadying itself to end at P53.46

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