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Nissan, Honda to explore partnership in electric vehicles
Nissan, Honda to explore partnership in electric vehicles
by  AFP

Japanese auto giants Nissan and Honda said Friday they had agreed to explore a strategic partnership in electric vehicles and other areas. But elsewhere Japanese firms' focus on hybrids has meant that they have been left in the slow lane in meeting the growing appetite for purely electric-powered vehicles.

Missile hits ship off Yemen as rebels threaten wider campaign
Missile hits ship off Yemen as rebels threaten wider campaign
by  AFP

A missile strike damaged a merchant ship in the Red Sea off Yemen, marine security monitors said Friday, as the country's Iran-backed Huthi rebels threatened to expand their months-long harassment campaign which has disrupted global trade.

Eyes on Bank of Japan as unions announce wage hikes
Eyes on Bank of Japan as unions announce wage hikes
by  AFP

The results of key wage hike negotiations in Japan will be announced Friday, with a win for workers expected to set the stage for a hotly anticipated shift away from the central bank's ultra-loose monetary policy. Its announcement will be closely watched by economists looking for signs that the Bank of Japan could soon scale back its long-standing monetary easing policies.

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