News

Asian markets rallied on Friday, defying Wall Street's decline, as China's financial regulators urged institutions to boost consumer spending. This move aimed to stimulate the economy and offset the impact of President Trump's escalating trade war, which dragged the S&P 500 more than 10% below its record high, deepening Wall Street's sell-off.

Central Japan Railway Company (JR Tokai) plans to install next-generation solar cells on noise barriers along the Tokaido Shinkansen Line, aiming to generate electricity for powering stations and other rail facilities. This initiative leverages the extensive network of noise barriers and innovative perovskite solar cells to contribute to a more sustainable railway system.

Nissan's board is set to meet on March 11 to discuss the potential replacement of CEO Makoto Uchida, whose position has weakened due to the company's poor performance and failed merger talks with Honda. Options being considered for Uchida's successor include senior executives Jeremie Papin and Ivan Espinosa or an interim leader to allow more time for a permanent decision.

Part-time workers in Japan saw their average pay surge by a record high of 6.53% during this year's "shunto" spring labor negotiations, driven by a nationwide trend of wage increases and a tightening labor market. This marks the ninth consecutive year that part-time workers' wage increases have outpaced those of regular employees.

Fujitsu Ltd. will end its traditional April-only hiring practice and instead recruit new employees throughout the year, targeting both recent graduates and experienced professionals. Additionally, the company has transitioned from seniority-based compensation to a jobs-based remuneration system, offering substantially higher salaries to attract skilled personnel.