
Toyota admits rigging Daihatsu crash test for better results
Apr 28, 2023 23:44 pm UTC| Economy Business Life Law
Daihatsu admitted to rigging Toyota Yaris Ativ, Perodua Axia, Toyota Agya, and an undisclosed upcoming product. to perform better in crash tests. During side-impact crash testing, these vehicles had a notch in the...

Aeon buys rival Inageya to create Japan’s largest supermarket group
Apr 28, 2023 23:43 pm UTC| Life Economy Business
Retail giant Aeon will raise its stakeholding in Japanese supermarket chain Inageya from 17 percent to over 50 percent, making Inageya its subsidiary. The merger would strengthen Aeons presence in the Tokyo metropolitan...

Dongwon Group withdraws bid for McDonald’s Korea acquisition
Apr 28, 2023 09:27 am UTC| Business Economy
Dongwon Enterprise Co., Ltd. reportedly dropped its plan to acquire McDonalds Korea. The company is withdrawing its bid for the takeover and already stopped the process for the deal. The Dongwon Group was said to have...

Musinsa, Disney partner to release exclusive character products
Apr 28, 2023 09:06 am UTC| Business Economy
Musinsa Co. Ltd. and Walt Disney Co. have teamed up for an exclusive release of a fashion collection featuring Disney characters. The South Korean online fashion shopping platform signed a deal with the Korean unit of the...

Kirin Japanese brewer to buy Blackmores vitamin company for $1.24B
Apr 28, 2023 09:04 am UTC| Business Economy
Kirin Brewery Company is spending $1.2 billion to buy Australias most trusted brand for vitamins and nutritional supplements, Blackmores. The Japanese brewer agreed to acquire the vitamin maker as part of its plans to...

Microsoft's Activision Blizzard takeover blocked by the UK
Apr 28, 2023 08:43 am UTC| Business Economy
Microsofts acquisition of Activision Blizzard has been met with another hurdle as the antitrust regulator of the United Kingdom refused to give its approval. The antitrust watchdog has blocked the $69 billion takeover...

South Korea’s BHC Chicken opens first store in Singapore
Apr 28, 2023 08:25 am UTC| Business Economy
BHC Chicken, one of the leading fried chicken restaurant chains in South Korea, is expanding to Singapore. The very first branch was opened on Wednesday, April 26, on the second floor of the Marina Square shopping mall...