Trends

Profits have surged at Panasonic and other Japanese electronics giants. © Reuters

Japan's electronics industry returning to form

TOKYO -- The nation's biggest electronics manufacturers are enjoying an earnings recovery, with Hitachi, Panasonic and Toshiba all posting sharp gains in April-June operating profits Thursday. More than 400 corporations listed on the Tokyo Stock ...

  • Japanese businesses increasingly smitten with Colombia

    BOGOTA -- Japanese companies are lining up to tap into Colombia's wealth of natural resources and promising infrastructure projects, and the South American country is more than willing to welcome them. At the ninth Japan-Colombia Joint Economic C...

  • Japan corporate pension assets highest since 2007 on stock rise

    TOKYO -- Corporate pension assets held by major Japanese companies are at their highest since March 2007, boosted by rising stock prices. As of the end of March, such assets totaled 48 trillion yen ($465 billion), up 4 trillion yen on the year an...

  • Japan's corporate power costs seen up 22% from fiscal 2010

    TOKYO -- Electricity costs at major Japanese companies are expected to rise 22% on average this fiscal year from fiscal 2010, or before the Fukushima Daiichi disaster in 2011 shut down the nation's nuclear reactors, according to a survey by The Nikke...

  • Volkswagen gaining on Toyota in global sales race

    TOKYO -- Halfway through the year, Volkswagen has outstripped General Motors to sell the second-most cars worldwide, coming a little more than 100,000 short of top-ranked Toyota Motor. Toyota, including subsidiaries Daihatsu and Hino, sold 5.09 m...

  • Nissan, BMW taking different tacks on staffing in China

    DALIAN, China -- Nissan Motor and BMW are employing markedly different approaches to the composition of their workforces in China, aiming to make the most of their own strengths to compete in the world's largest car market.A 'zero-Japanese' policyDon...

  • Global new car sales up 3% in April-June

    TOKYO -- New car sales in major global markets rose 3% in the April-June period. Sales were strong in China and the U.S., but weaker in emerging economies. Data compiled from automobile manufacturers associations and research companies in le...

  • Europe dreams of leading race to develop 5G mobile phone tech

    LONDON -- Europe has fallen behind the U.S. and Asia in rolling out fourth-generation (4G) mobile phone technology. To address this, European countries are taking initiative to develop what comes next: the 5G standard. In mid-June, the European C...

  • Growing wealth boosts Southeast Asia condo demand

    TOKYO/SINGAPORE -- Demand for condos is growing in Southeast Asia's urban areas as the growing number of wealthier consumers look for investments or for the convenience of living in the center of town. Southeast Asian families generally live in s...

  • SE Asian countries racing to expand local airports to handle tourist influx

    TOKYO -- Southeast Asian countries are rushing to expand the capacity of their local airports near famous tourist destinations in a bid to handle the growing flood of travelers amid the rising popularity of budget airlines. These moves come as th...

  • Chinese automakers rapidly expanding in South America

    BEIJING -- Chinese automakers are on the offensive in South America as they tout low-priced cars and eat away at the market dominance of European manufacturers. These automakers from China are investing in more production and expanded sales netwo...

  • Japan aims to cut hydrogen prices for fuel cell vehicles

    TOKYO -- Japan wants to significantly cut hydrogen prices before March, when fuel cell vehicles are expected to hit the market. The government has set a target of nearly halving hydrogen prices by 2020, compared with the currently assumed level, ...

  • Japanese consortium launches endoscopy center in Vietnam

    HANOI -- A consortium including Nagoya University, Fujifilm and the Hitachi group opened a gastrointestinal endoscopy center here Tuesday, offering cutting-edge endoscopic testing and training by Japanese specialists. The diagnosis and treatment ...

  • Orders from Myanmar promise growth in airline industry

    YANGON -- Airline-related business in Myanmar is getting a boost. The nation's leading airlines, Myanma Airways and Air Mandalay, are placing volume orders for aircraft, paving the way for new routes. They hope to serve the rapidly increasing numbers...

  • Taiwan's IT sector enjoys healthy expansion

    TAIPEI -- Orders Taiwan's companies receive from abroad, a leading indicator for global IT demand, posted a record high for the first half.

  • Bike-share program in Taiwan tops world frequency

    TAIPEI -- A one-way bicycle-sharing system is growing rapidly in Taiwan, changing the scooter-dominated traffic scene on the island. The service is underway in Taipei and YouBike rental stations have popped up around the city. A 30-year-old comp...

  • China set to lose some e-cigarette production

    BEIJING -- These should be good times for makers of electronic cigarettes. Global sales have surged from almost nothing in 2008 to around $2.2 billion today, and are expected to keep growing at double-digit rates for years to come. Some forecasters, ...

  • Default scare poses difficult problem for Chinese government

    SHANGHAI -- Concerns about defaults on wealth management products and bonds are increasing in China as its companies' highly leveraged management aimed at boosting profitability on large debts amid tough fundraising environments begins to come apart....

  • China gains on global competition with borrowed technology

    SHANGHAI -- Chinese companies are rapidly strengthening their presence in global markets for large-size industrial products such as trains, nuclear power plants and aircraft. They are selling products to overseas buyers made with the use of advan...

  • Asia's emerging countries need to move away from nepotism, cronyism

    TOKYO -- On April 30, Malaysian business tycoon Liew Kee Sin resigned as CEO of SP Setia, the country's leading property developer, without drawing much public attention. For 18 years, Liew led SP Setia's aggressive drive to develop high-end resi...