Trends

Help wanted.

Pilot shortage clips budget airline Peach's wings

TOKYO -- Peach Aviation will cut up to 2,088 flights from May to October because it cannot secure enough pilots, the Japanese low-cost carrier said Thursday. This amounts to 16% of the airline's total flights, nearly canceling out a planned incre...

  • Move over supercars: SUVs shine at Beijing auto show

    BEIJING -- Chinese drivers are increasingly keen on SUVs, and leading carmakers are giving them plenty to choose from at this year's Beijing auto show. Auto China 2014, the 13th Beijing International Automotive Exhibition, opened to the public on...

  • GE stages wind turbine comeback in Japan

    TOKYO -- General Electric is set to go head-to-head with Hitachi as the U.S. giant returns to Japan's wind turbine market with a high-tech, big data-backed system. After supplying 300 or so wind turbines, GE withdrew from the Japanese market in 2...

  • Japan's content makers look to beat pirates at their own game

    TOKYO -- Japanese creators of anime and so-called character goods are hitting violators of intellectual property rights where it hurts: in the pocketbook. Japan's content industry -- manga, animation, video games, toys -- has had much success ove...

  • Facing rising costs, Japanese companies saying sayonara to China

    DALIAN, China -- The era of China's dominance as the world's factory floor is coming to an end. Chinese wages have climbed so much that they now stand 90% above those in the Philippines and 150% above Vietnam's. That, combined with the yuan's app...

  • Bangladesh still world's garment factory 1 year after disaster

    DHAKA/TOKYO -- In the wake of the catastrophic collapse of a garment factory in Bangladesh a year ago, global apparel companies were rumored to be contemplating an exit from the South Asian country. But the fashion industry has remained there, conclu...

  • Price war looms for Japan life insurance industry

    TOKYO -- Online price disruptions have spread to bricks-and-mortar stores in the Japanese life insurance industry. Major life insurance companies are slashing their prices to try and attract customers. Independent stores that compare life insuran...

  • Thai hotel operators look overseas

    BANGKOK -- Major hotel operators in Thailand are expanding abroad as competition becomes too costly at home. New hotels continue to spring up in Bangkok, where room rates are on average lower than those of other major Asian cities. Dusit Inte...

  • Japan shipbuilders eye shale-gas-fueled demand for LNG vessels

    TOKYO -- Japan Marine United and Mitsui Engineering & Shipbuilding will get back into the business of constructing LNG vessels, expecting demand to rise with the 2017 start of imports of shale gas from North America. The hiatus began after the tw...

  • Japan's life insurers buying riskier assets to boost returns

    TOKYO -- Japanese life insurance companies are stepping up investment in real estate, stocks, foreign bonds and other assets that carry risk as they strive for more attractive yields. Nippon Life Insurance plans to invest 1.6 trillion yen ($15.4 ...

  • Japan's megabanks grabbing more of Asian syndicated loan market

    TOKYO -- Japan's three megabanks, Bank of Tokyo-Mitsubishi UFJ, Sumitomo Mitsui Banking and Mizuho Bank -- are increasing their shares of the syndicated loan market in Asia. The total share of the three banks in Asia outside Japan rose 6.8 percen...

  • Immigration rules may hit Singapore back-office business: report

    SINGAPORE -- Tighter restrictions on who may work in Singapore may lead some global banks to shut down their back-office operations in the city-state, Standard Chartered Bank warned in a recent equity research report. Government regulations aimed...

  • Japanese employees eager to use stock options in fiscal 2013

    TOKYO -- Seeing their companies' share prices rise sharply, Japanese workers moved in droves to cash out stock options last fiscal year. According to the Tokyo Stock Exchange, stock options were exercised by executives and employees at 1,683 comp...

  • TSMC sees foundry market growing 14% on smartphone demand

    TAIPEI -- The global chip foundry market will likely grow 14% in 2014, Taiwan Semiconductor, or TSMC, now predicts, an upgrade from the 10% expansion it forecast in January. Co-Chief Executive Officer Mark Liu announced the latest projection at t...

  • Lenders switching to unsecured loans for Tepco

    TOKYO -- Four major Japanese banks will provide uncollateralized loans to Tokyo Electric Power when its debt is refinanced at month's end in light of greater government support that has lowered the risk of default. The loans will be provided by S...

  • Culture clashes threaten quality standards for Japanese companies in India

    MUMBAI -- Many Japanese companies trying to do business in India are having problems, namely cultural differences over management styles. India's fast-growing market could mean huge business opportunities for foreign companies. But India has also...

  • Japanese businesses in China battle rising costs

    Japanese companies operating in China are tightening their belts in response to rising costs, particularly wages, as the country's competitive advantages on that score rapidly fade. Moving production to Southeast Asia, where labor costs are still ...

  • Toyota to charge up vehicle launches in Chinese market

    BEIJING -- An international auto show that opened here Sunday offers a peek at the Chinese strategies of automakers, with Toyota among the most ambitious. Toyota is moving to roll out more than 15 new vehicles in China by the end of 2017.

  • Japanese online ad agencies reach out to smartphone users in Asia

    TOKYO -- Internet advertising agencies from Japan are venturing beyond the channel of personal computers to tap Asia's rapidly expanding smartphone advertising market. MicroAd, a subsidiary of leading online ad agency CyberAgent, will launch a sm...

  • Japan Inc. new grad hires to rise 16.6% in 2015

    TOKYO -- Major Japanese companies will hire a total of 111,505 university graduates next spring, up 16.6% compared with this year. The number of new hires will top 100,000 for the first time in six years, according to a Nikkei survey compiled Saturda...