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Vietnam: Typhoon Kajiki Floods Streets of Hanoi, Halts Traffic

Typhoon Kajiki struck northern and central Vietnam, causing at least four deaths, multiple injuries, and extensive damage. Heavy rains and strong winds flooded streets in Hanoi, paralyzed traffic, and damaged thousands of homes and hectares of crops across Thanh Hoa, Nghe An, Ha Tinh, Thai Nguyen, Phu Tho, and Quang Tri provinces. Power outages affected thousands as electricity poles fell, and emergency services were deployed to assist residents and reinforce flood defenses. Flooding and landslide risks remain high, with authorities issuing alerts and evacuation plans in low-lying areas.

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Gov't-backed fund to buy Panasonic LCD plant

OSAKA, Japan - Undated file photo shows a liquid crystal display panel plant in Mobara, Chiba Prefecture, owned by a Panasonic Corp. subsidiary. The Innovation Network Corporation of Japan, an investment fund owned largely by the government, said Nov. 15, 2011, it has agreed in principle with Panasonic to buy the plant for use by a joint LCD venture it is forming with three other manufacturers.

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Sony, Toshiba, Hitachi agree on small LCD business merger

TOKYO, Japan - (From L) Kimikazu Nomi, president of the government-backed Innovation Network Corporation of Japan, Toshiba Corp. President Norio Sasaki, Hitachi Ltd. President Hiroaki Nakanishi, and Sony Corp. Executive Deputy President Hiroshi Yoshioka hold hands in Tokyo on Aug. 31, 2011. Sony, Toshiba and Hitachi agreed to integrate their businesses on small and medium-sized liquid crystal display panels for smartphones and tablet computers.

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Japan launches new investment fund to help businesses innovate

TOKYO, Japan - Kimikazu Noumi, president of the state-backed fund Innovation Network Corp. of Japan, speaks during an inauguration ceremony of the fund in Tokyo on July 27. The Japanese government has invested 82 billion yen in the fund with the aim of boosting the competitiveness of Japanese firms.

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State-fund chief confident of turnaround offer for struggling Sharp

Toshiyuki Shiga, chairman and CEO of the Innovation Network Corporation of Japan, attends a press conference in Tokyo on Feb. 19, 2016. He said the state-backed corporate turnaround fund's proposal to help Sharp Corp. compares favorably with a rival offer from Taiwan's Hon Hai Precision Industry Co. (Kyodo) ==Kyodo

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Sony, Toshiba, Hitachi agree on small LCD business merger

TOKYO, Japan - (From L) Kimikazu Nomi, president of the government-backed Innovation Network Corporation of Japan, Toshiba Corp. President Norio Sasaki, Hitachi Ltd. President Hiroaki Nakanishi, and Sony Corp. Executive Deputy President Hiroshi Yoshioka hold hands in Tokyo on Aug. 31, 2011. Sony, Toshiba and Hitachi agreed to integrate their businesses on small and medium-sized liquid crystal display panels for smartphones and tablet computers. (Kyodo)

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Gov't-backed fund to buy Panasonic LCD plant

OSAKA, Japan - Undated file photo shows a liquid crystal display panel plant in Mobara, Chiba Prefecture, owned by a Panasonic Corp. subsidiary. The Innovation Network Corporation of Japan, an investment fund owned largely by the government, said Nov. 15, 2011, it has agreed in principle with Panasonic to buy the plant for use by a joint LCD venture it is forming with three other manufacturers. (Kyodo)

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State-backed fund may invest in Toshiba's chip unit

Innovation Network Corp. of Japan Chairman Toshiyuki Shiga (L) and President Mikihide Katsumata attend a press conference in Tokyo on April 18, 2017. The state-backed turnaround fund may invest in embattled Toshiba Corp.'s memory chip company and will "proceed if (the case) meets our strict investment criteria," Shiga said. (Kyodo) ==Kyodo