Japan, the largest contributor to the International Criminal Court (ICC), did not join a joint statement condemning the US sanctions against the court, choosing to prioritize its relationship with the US over its commitment to the rule of law. This decision has drawn criticism from some who see it as tacit approval of the US attack on the ICC.
Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest semiconductor manufacturer, has announced plans to invest an additional $100 billion in the United States, on top of the $65 billion previously announced. This significant investment will create thousands of high-paying jobs and further strengthen the US position in the global chip manufacturing industry.
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.