AFP Asia Business
Japan court rejects $92 bn damages verdict against Fukushima operator ex-bosses
A Japanese court overturned a $92 billion damages verdict on Friday against ex-bosses of the operator of Japan’s stricken Fukushima nuclear plant, thought to be the largest such award ever in the country for a civil lawsuit.Four former executives had in 2022 been ordered to collectively pay 13.3 trillion yen in a suit brought by …
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India’s central bank cuts rates more than expected to boost growth
India’s central bank cut interest rates more than expected on Friday, citing muted inflation and a need to kickstart economic growth as the impact of US tariffs weighed on the country’s outlook.The Reserve Bank of India (RBI) lowered the benchmark repo rate, the level at which it lends to commercial banks, by 50 basis points …
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Vietnam exports up as US tariff threat lingers
Vietnam’s exports rose sharply last month, official figures showed Friday, as the communist country tries to negotiate relief from swingeing tariffs threatened by US President Donald Trump.May exports stood at $39.6 billion, according to data from the General Statistics Office, up 17 percent on the same period a year ago, while the year-to-date total reached …
Japanese company aborts Moon mission after assumed crash-landing
Japan’s hopes of achieving its first soft touchdown on the Moon by a private company were dashed Friday when the mission was aborted after an assumed crash-landing, the startup said.Tokyo-based ispace had hoped to make history as only the third private firm — and the first outside the United States — to achieve a controlled …
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