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Kyodo News Digest: June 10, 2024

Japan s economy is shrinking, although slightly less than previously thought

Japan s economy is shrinking, although slightly less than previously thought

The Japanese economy shrank at an annual rate of 1.8 per cent in the first quarter of this year, slightly better than the initial estimate at a 2.0 per cent.

Shareholder Votes in Focus as Big Japan Banks Sell Toyota Shares

(Bloomberg) Voting at shareholder meetings in Japan may become more consequential if the decision by Japanese megabanks to divest their strategic holdings in Toyota Motor Corp. triggers a broader unwinding of cross-held shares among the country’s biggest companies.Most Read from BloombergReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansHere’s Everything Apple Plans to Show at Its AI-Focused WWDC EventPutin’s Wartime Central Banker Tells Him What He Doesn’t Want to HearBe

Toyota s safety scandal is a nothingburger

Toyota s safety scandal is a nothingburger
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