Former senior official of the Japan Financial Services Agency: There may be another rate hike before the end of the year!

Former senior official Tomoko Amaya of the Japan Ministry of Finance said that the central bank may raise interest rates again before the end of the year; she said that what matters is not the level or volatility of stock prices, but the level of confidence. The stable recovery of the market is enough to make interest rate hikes possible this year.

cls.cnSep 9 03:50 ET

Some specifications of the Serena have been changed.

On September 9, 2024, Nissan Motor Co., Ltd. (Headquarters: Nishi-ku, Yokohama City, Kanagawa Prefecture, President: Makoto Uchida) announced that it will launch the Serena with some specification changes and price revisions. Please note that the announcement for the 4WD model of the e-POWER car is scheduled for October. The Serena e-POWER LUXION and Serena are equipped with spacious interior space, design aesthetics, functionality, and can reduce motion sickness.

Nissan MotorSep 8 11:00 ET

For Better Or Worse, Tesla Carved Its Own Electric Pickup Category

BenzingaSep 6 15:18 ET

Supporting the domestic battery industry chain, Japan plans to subsidize 350 billion yen to increase production capacity by 50%.

①The Japanese government will provide support for 12 rechargeable battery or related parts/materials/production equipment projects, with a subsidy totaling up to 350 billion yen. ② Japan plans to increase the annual production capacity of rechargeable batteries by 50%, from the current 80GWh to 120GWh. ③ Previously, Japan has provided subsidies for the country's rechargeable batteries multiple times.

cls.cnSep 6 04:23 ET

Nissan's development and mass production of LFP batteries has been recognized as the Ministry of Economy, Trade and Industry's "Supply Assurance Plan for Rechargeable Batteries".

On September 6, 2024, Nissan Motor Co., Ltd. (Headquarters: Nishi-ku, Yokohama City, Kanagawa Prefecture, President: Makoto Uchida) announced that Nissan's development and mass production of onboard rechargeable batteries (LFP batteries*1) have been certified as part of the Ministry of Economy, Trade and Industry's "Plan to Ensure Supply of Rechargeable Batteries." By developing and mass producing LFP batteries in Japan, Nissan aims to establish the domestic industrial base and strengthen the supply chain of rechargeable batteries in line with the government's policy.

Nissan MotorSep 5 11:00 ET

The call for rate hikes is growing louder! Director of the Bank of Japan: If the economic data is reasonable, the rate hikes will continue.

In a speech on Thursday, Takada Tsune stated that if the inflation trend is consistent with the forecast, it is necessary to adjust the 'degree of monetary easing' of the mmf policy.

Zhitong FinanceSep 5 02:47 ET