
Japan's Budget Airlines Relying on New Business Models, Such as Cargo Delivery
Jun 10, 2020 04:53 am UTC| Business
Most of Japans low-cost airlines may soon be relying on cargo transportation to balance infection prevention with profitability until higher seat occupancies are allowed. Budget carrier unit Zipair Tokyo Inc., which is...

Seven-Eleven to Sell Life Insurance via Machines in Japan
Jun 10, 2020 04:53 am UTC| Business
Convenience store chain Seven-Eleven Japan will sell MSAD Insurance Groups life insurance through its multi-function machines in its 20,000 stores. Customers will be able to process their application through their...

Toyota to Start Selling Plug-in Hybrid SUV in Japan
Jun 10, 2020 04:53 am UTC| Business
Toyota Motor Corp. started selling the new RAV4, its first plug-in hybrid SUV in Japan, starting at $42,840. The RAV4s high-powered motor provides a more extended range and better acceleration than its conventional...

Daewoo Shipbuilding Inks 900-B Won Order from Russia for 2 LNG Barges
Jun 10, 2020 04:53 am UTC| Business
Daewoo Shipbuilding Marine Engineering Co. inked a 900 billion-won deal from a Russian company to build two liquefied natural gas (LNG) barges. There is also the option to build two more LNG barges. The barges,...

Hanwha Systems Advances into Satellite Antenna Market with Acquisition of British Firm
Jun 10, 2020 04:16 am UTC| Business
Hanwha Systems Co. has acquired British satellite communication antenna company Phasor Solutions Ltd., to secure a new growth driver. According to Kim Youn-chul, Chief Executive of Hanwha Systems Co., they swiftly...

Hana Expected to Shun FSS Advice Against Paying Dividends
Jun 10, 2020 04:16 am UTC| Business
Hana Financial Group is expected by securities analysts to pay dividends to its shareholders at the end of the first half against the Financial Supervisory Service (FSS) recommendation in strengthening reserves. The FSS...

NetEase Seeking Refuge in Hong Kong Due to US 'Hostility' to Chinese Firms
Jun 10, 2020 04:15 am UTC| Business
Gaming company NetEase will seek a secondary listing in Hong Kong to raise billions of dollars and avoid the United States increasing hostility to Chinese companies. NetEase feels that US regulators and lawmakers are...