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TOKYO/TORONTO -- With big plans for a North American electric-vehicle supply chain, Honda Motor is showing confidence in the outlook for the U.S. market for EVs despite some bumps in the road.
HONG KONG/TOKYO -- China on Friday demanded that the U.S. "stop hyping up" concerns about its industrial capacity as U.S. Secretary of State Antony Blinken met Foreign Minister Wang Yi and, later, President Xi Jinping in Beijing.
HONG KONG -- Mainland Chinese property developers suffering from mounting debt obligations and dwindling sales have resorted to drastic workforce cuts, some of their annual reports show.
TOKYO -- The Bank of Japan kept its policy unchanged on Friday, holding off on additional action to deter further selling of the embattled Japanese currency.
TOKYO -- The Japanese currency fell sharply past 156 to the dollar on Friday, after the Bank of Japan held firm to its monetary policy, heightening threats of government intervention.
TOKYO -- U.S. fund manager Carlyle Group is close to acquiring KFC Holdings Japan, the operator of the Kentucky Fried Chicken fast-food chain in the country, Nikkei has learned.
SYDNEY -- U.K. miner Anglo American on Friday rejected a takeover bid from its bigger rival BHP, saying the offer by the Australia-based giant undervalued the company and its prospects.
TOKYO -- Toyota Motor announced Friday that it will invest $1.4 billion to start production of electric vehicles at its factory in the U.S. state of Indiana in 2026, increasing its EV capacity in North America.