News

Nissan's new CEO, Ivan Espinosa, aims to revitalize the struggling automaker by accelerating decision-making, fostering a more collaborative culture, and introducing a diverse lineup of new models within shorter development times. He faces the challenge of restoring profitability and rebuilding trust after years of financial losses and the Carlos Ghosn scandal.

Japan is scrambling to find ways to get the United States to exempt its automakers from a 25% tariff due to take effect on April 3rd. The government is exploring various options, including relaxing non-tariff barriers and industrial standards, to reduce the US trade deficit and convince the Trump administration to change its mind.

Part-time workers in Japan saw their average pay surge by a record high of 6.53% during this year's spring labor negotiations, driven by a nationwide trend of wage increases and a severe labor shortage. This marks the highest increase since the labor union organization UA Zensen was established in 2012.

Former Prime Minister Fumio Kishida's office gave gift certificates worth 100,000 yen to parliamentary secretaries attending a social gathering at his official residence, raising questions about the practice within the ruling Liberal Democratic Party. This revelation follows a similar admission by current Prime Minister Shigeru Ishiba, suggesting the possibility of an established custom.

NASA astronauts Butch Wilmore and Suni Williams are finally returning to Earth after their nine-month stay on the International Space Station, thanks to the arrival of the SpaceX Crew-5 mission. The duo's extended mission was caused by problems with their Boeing Starliner capsule, which prevented it from docking with the space station as planned.