1. Sources say Honda Motor and Nissan Motor are expected to sign a basic merger agreement soon. Japan’s second-and third-largest automakers are considering forming a holding company to improve competitiveness by sharing technologies and costs.
2. A Japanese venture firm failed in its efforts to launch a small rocket on Wednesday. This was the Tokyo-based company’s second attempt. In March, the firm’s first rocket exploded soon after liftoff. 3. Ukraine’s First Deputy Prime Minister and Economy Minister Yulia Svyrydenko has called for more investment and business involvement by Japanese companies in Ukraine amid Russia’s continued invasion of her country.
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