Companies

Kyushu utility relents on geothermal, hydraulic power

TOKYO -- Kyushu Electric Power plans to restart purchasing geothermal- and hydraulic-generated power under the feed-in tariff system before the year is out. The regional power company in October stopped buying clean power from these sources becau...

  • Yamato Transport to develop driver-training program for Malaysia

    TOKYO -- Japanese parcel-delivery company Yamato Transport will develop a program for training commercial drivers in Malaysia. It will obtain revenue by licensing the program to a local partner. Malaysia has five times more traffic deaths than Ja...

  • Nissan brings Dalian SUV plant online, plans expansion

    DALIAN, China -- Dongfeng Nissan Passenger Vehicle, a joint venture between China's state-owned Dongfeng Motor and Japan's Nissan Motor, brought a new plant online in the city of Dalian in northeast China on Saturday. The factory will be position...

  • Obayashi to share 3-D data with more contractors for swifter design

    TOKYO -- Obayashi, one of Japan's leading general construction companies, plans to link 500 subcontractors in a network to facilitate sharing of 3-D blueprints so buildings can be designed as much as 30% faster. The company already shares 3-D dat...

  • Apple's appeal falters in China as iPhone 6 fails to impress

    BEIJING/SILICON VALLEY -- A lack of enthusiasm over the launch of Apple's newest iPhone in China bodes ill for the U.S. company, which is threatened by homegrown brands in the world's largest smartphone market. Apple released the iPhone 6 and iPh...

  • Kanematsu, JFE Steel building pipe processing plant in Texas

    TOKYO -- Kanematsu and JFE Steel will build a pipe processing plant in Texas, increasing U.S. output by 50% with the aim of tapping into growing demand generated by the shale oil and gas boom. Benoit Premium Threading, a subsidiary of a holding c...

  • McDonald's Japan faces first operating loss as public company

    TOKYO -- McDonald's Holdings Japan is bracing for a group operating loss for the year through December 31, the fast-food giant's first since listing its stock in 2001. The slump owes primarily to the scandal in which the company's hamburger resta...

  • Recruit chief says 100 billion yen acquisitions on the table

    TOKYO -- The president of Recruit Holdings said his company could make large-scale acquisitions of over 100 billion yen ($931 million) a pop as it strives to become the world's top human resources player by 2020. Japan's largest staffing company ...

  • IndiGo gives Airbus green light for record 250 aircraft

    NEW DELHI -- Indian budget airline IndiGo has signed a record memorandum of understanding with Airbus for 250 single-aisle A320s - the largest number of aircraft ever ordered from the manufacturer. The deal adds to orders previously placed by Ind...

  • Court detains one of four Wei brothers in food scandal

    TAIPEI -- A Taiwanese district court on Friday ordered the detention of a member of the owning family of food conglomerate Ting Hsin International Group in an ongoing contaminated cooking oil saga. Public outrage has mounted against Ting Hsin, th...

  • Samsung readies next NAND revolution

    SEOUL -- Samsung Electronics has developed technology that could increase the data capacity of NAND flash memory chips by as much as 50%. The technology, called 3-bit/cell multilayer cell NAND, works in two ways to raise memory capacity. First, 3...

  • Facebook utilizes personal information for new targeted ads

    TOKYO -- Facebook, the world's biggest online social network based in the U.S., is taking full advantage of its real name registration policy to market its highly targeted advertising service to corporate clients eager for access to its 1.3 billion u...

  • Help for Japanese hospitals, foreign patients

    TOKYO -- Japan Institute for Global Health offers services to help Japanese medical institutions better communicate with foreign patients. It has interpreters on call, makes appointments for foreign patients on behalf of hospitals and translates medi...

  • 1,300 new jobs at Volvo factory in Sweden

    FRANKFURT -- Volvo Cars, which is owned by Chinese carmaker Geely, is employing 1,300 new workers at its Gothenburg factory in Sweden. The workers will make a new sport utility vehicle, XC90. Production is expected to start early next year. ...

  • Alibaba sets out to build financial services empire

    BEIJING -- Alibaba Group plans to repeat its success beyond e-commerce operations, aiming to become a financial services colossus that will take the vast Chinese market by storm. The company on Thursday announced the creation of Ant Financial Ser...

  • Taiwan chip maker closing on Samsung

    TAIPEI -- Taiwan Semiconductor Manufacturing (TSMC), the world's largest contract chip manufacturer, is predicting a robust fourth quarter and double-digit growth for next two years based on strong global demand for smartphones. The key Apple sup...

  • Wei brothers exit after food scandal with massive donation

    TAIPEI -- Taiwan's Wei brothers, the tycoons who own food conglomerate Ting Hsin International Group and China's popular Master Kong instant noodle brand, announced on Thursday that they will no longer produce cooking oil in Taiwan in the wake of a t...

  • Sony's growth strategy on the brink

    TOKYO -- Sony sees Chinese smartphone maker Xiaomi, rather than Apple or Samsung Electronics, as a model for a way out of its current earnings quagmire. Xiaomi has created high-performance, low-price smartphones through using online sales network...

  • Kewpie to build new mayonnaise plant

    TOKYO -- Kewpie said Wednesday that it will construct a new mayonnaise factory in Kobe, opening it in April 2017 to take over from an aging site in the same prefecture. The company's first new domestic factory in a decade will be built for an inv...

  • Toyota to sell fuel cell vehicle in December

    NAGOYA -- Toyota will begin Japanese sales of a hydrogen-powered fuel cell vehicle in December. The Japanese automaker had planned to release the vehicle sometime this fiscal year, which ends in March, but production preparations are complete and...