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...China International Capital Corporation says south-east Asia has only seen the “tip of the iceberg” of Chinese companies wanting to explore opportunities in the region, as the state-backed investment bank...
...A national champion created in 2010 through a government-orchestrated merger of the chip units of Hitachi, Mitsubishi Electric and NEC, Renesas uses Altium’s software design tools for its own development...
...Earlier this month, Mitsubishi Electric separately agreed to develop laser technology with the Australian government, in the first defence deal between a Japanese company and a foreign government....
...But China remains by far the world’s biggest cleantech producer and exporter, manufacturing most of the world’s solar panels, batteries and electric vehicles....
...Japan’s Topix fell 0.8 per cent in early trading ahead of earnings releases from Toyota Motor and Mitsubishi Corporation, which were both down 0.8 per cent. South Korea’s Kospi shed 0.6 per cent....
...EPRI, an energy research organisation, appointed Vince Sorgi, chief executive of PPL Corporation, as chair of the board....
...The group will maintain its long-term alliance with Renault and Mitsubishi Motors in certain markets such as Europe, south-east Asia and Latin America....
...The alliance also includes smaller partner Mitsubishi Motors....
...Nissan chief executive Makoto Uchida is blunt on the need for new partners, although the company insists its alliance with Renault and Mitsubishi Motors will not be unwound....
...Corporate results: Japan’s Nidec Corporation, which manufactures the electric motors used in hard-disk drives, China Tourism Group and Ping An Insurance Group announce quarterly results....
...Long seen as artefacts of the previous century, shares of these groups including Mitsubishi Corporation and Itochu have traded at typical conglomerate discounts....
...Corporate earnings: Japan’s Mitsubishi, Nintendo and Toyota Motor and China’s Semiconductor Manufacturing International Corporation report results....
...BHP has warned of cost cuts and a potential writedown in the value of its nickel unit to reflect the decline in the price of the metal, which is used for electric vehicles....
...But the decision may mean that alliance partners Nissan and Mitsubishi may now not invest in the unit, finance chief Thierry Piéton said....
...We also employ a few who used to work for Mitsubishi Heavy,” said Toya....
...Mitsubishi Motors has suspended production in China indefinitely and plans to cut staff after struggling to respond to a rapid transition to electric vehicles in the world’s largest car market....
...Shares of aluminium producer Alcoa fell 5.4 per cent after it made a $2.2bn offer to acquire Australian mining corporation Alumina Limited....
...The North American Electric Reliability Corporation, a regulatory body, has sharply increased projections for peak power demand for the next decade, reversing steady or falling growth rates from previous...
...That gives Beijing a near-monopoly on permanent magnets used in electric vehicles, wind turbines and fighter jets....
...Mitsubishi Motors has suspended production in China indefinitely and plans to cut staff after the Japanese manufacturer struggled to respond to a rapid transition to electric vehicles in the world’s largest...
...A combination of technological change, globalisation and the emergence of a new type of investor has changed the face of American capitalism, replacing one-time leaders such as General Electric and Du Pont...
...Xiaomi sales surged 34 per cent to attain a 14 per cent market share, as the Beijing-based electronics group experienced a wave of publicity surrounding the debut of its electric car....
...Besides, it seems the argument was developed mostly by focusing on utilities and grid, ie electric power generation, which have long depended on fossils....
...“In this tough era, Renault, Mitsubishi and ourselves are too small in scale to drastically push for electrification,” Uchida said....
...Jim Robb, chief executive of the North American Electric Reliability Corporation, the regulator, is exactly right to say there’s an urgent need to build more transmission lines to satisfy the present and...
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