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Market News

This floating spaceport in Japan could bring space travel to the city

This floating spaceport in Japan could bring space travel to the city

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Around the world, spaceports are popping up in anticipation of a boom in commercial space travel. Spaceport City in is a conceptual design project in Japan that aims to demonstrate the opportunities an urban spaceport could bring for business and travel. Click through to see spaceports around the world. Space Port Japan Association, Dentsu, Canaria…

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Seeking entry to Japan? Here’s what you need to know

Seeking entry to Japan? Here’s what you need to know

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Even though Japan is relaxing its entry restrictions on those from overseas, except for tourists, visa applicants will be required to meet strict conditions to receive permission to enter the country. | BLOOMBERG In a long-awaited move, Japan is partially reopening its borders, allowing all foreign nationals from around the world who are planning to…

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Japan exports down but slowly recover amid pandemic damage

Japan exports down but slowly recover amid pandemic damage

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Cars are parked to be exported at Yokohama port, near Tokyo on Sept 29. Photo: AP/Koji Sasahara The drop in Japanese exports diminished last month, according to government data released Monday, underlining how trade damage from the coronavirus pandemic may be easing. Japan’s exports in September were down by 4.9% from the same month a…

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Apple iPhone maker Foxconn wants to become the Android for electric cars with new vehicle platform

Apple iPhone maker Foxconn wants to become the Android for electric cars with new vehicle platform

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The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images Foxconn, the Taiwan company that assembles Apple’s iPhone, has launched an platform to help automobile companies make electric cars. The technology giant is best known for being a major assembler of consumer electronics…

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Where Elon Musk and Tesla earn real credit ‘eating the lunch’ of auto competitors

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KEY POINTS Tesla just reported record Q3 vehicles deliveries, which will result in more renewable energy credits it can sell to automakers like Ford, GM and Fiat Chrysler. Other electric vehicle start-ups, such as Nio, Rivian, Lordstown Motors and Nikola, could benefit from zero-emission vehicle credits in the years to come. More U.S. states are…

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SEA wind power needs $14b new investments by 2030

SEA wind power needs $14b new investments by 2030

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Photo courtesy of Ignacio Malapitan III (Wikimedia Commons) This will support the 8.9 GW of new wind power capacity expected to be added by then. Southeast Asia’s wind power will require at least $14b investments by 2030, energy research & consultancy WoodMackenzie said. The investments will support 8.9 gigawatts (GW) of new wind power capacity…

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Bank of the Future, Mapped by McKinsey

Bank of the Future, Mapped by McKinsey

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Amelia, a Credit Suisse chatbot The consulting firm, known for its bold calls in global banking, is outlining the bank of the future. Making it a reality is another matter. Banks pay McKinsey handsomely for audacious, frequently transformative strategy ideas. Mega-mergers and acquisitions or a complete pivot of business models aren’t uncommon. McKinsey’s consultants are…

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Coronavirus vaccination to be made free in Japan

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Members of the public in Japan will get vaccinated against the new coronavirus for free, according to a health ministry policy approved Friday by its advisory panel, in a bid to curb serious and fatal cases of infection. The Japanese government is trying to secure enough vaccines by the first half of 2021 to administer…

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Japan to loosen border enforcement measures to allow in new arrivals

Japan to loosen border enforcement measures to allow in new arrivals

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Japan is considering further relaxing entry restrictions for visitors from overseas as early as next month. | AP Speculation is rife that, in a long-awaited move, Japan is readying to relax its strict entry restrictions on foreign nationals to allow more new visa applicants to seek entry clearance. Citing several government sources, several nationwide media…

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Ford Already Saying Electric F-150 Will Be Cheaper To Own Than Current One

Ford Already Saying Electric F-150 Will Be Cheaper To Own Than Current One

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The 2006 Ford Super Chief concept wasn’t electric, but it could run on hydrogen, which is close. Photo: Ford An all-electric Ford F-150 is on its way and I get the feeling that Ford thinks its customer base fears change. This is probably wise. 1st Gear: Ford Isn’t Saying It’ll Be Cheaper To Buy Ford…

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