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TOKYO -- Mitsubishi UFJ Financial Group has sold 24 million shares of American regional bank U.S. Bancorp (USB) on the market, the Japanese company said Tuesday, for an amount expected to reach $1 billion based on the current stock price.
TOKYO -- Dozens of Japanese companies including Toyota Motor and Hitachi are collaborating in an industrywide initiative to improve cybersecurity for automobiles.
TOKYO -- Lime, a leading U.S. operator of rental electric scooters, is starting operations in Japan this month as the company reaches its first East Asian market.
TOKYO -- Taiwan Semiconductor Manufacturing Co. is participating in a program in Japan to preserve groundwater resources by flooding unused paddy fields, amid concerns that its chip factories in Kumamoto prefecture could cause water shortages in the area.
NEW DELHI -- India's key economic report card is triggering fresh debate about whether Delhi should ease rules limiting investment from China to boost its own fortunes, or stay focused on trade with the world's No. 2 economy.
NEW YORK -- The U.S. and China agreed to strengthen financial stability and maintain open channels of communication and coordination in times of "financial stress," according to readouts from the fifth meeting of their Financial Working Group.
TOKYO -- Mitsubishi Corp. will invest in a new artificial intelligence-focused fund led by Stanford University computer scientist Andrew Ng, as the Japanese trading company seeks to forge connections with high-tech startups and talent.
GUANGZHOU -- China's Fashion Momentum Group (FMG) is stepping up the expansion of its Benlai casualwear brand, which has a functional edge designed to compete with Uniqlo and Gap.