Search results

Results 1 - 20 of 314
  • Malaysia Airlines not cutting umbilical cord to government

    KUALA LUMPUR -- Malaysia Airlines is making its fourth attempt to rebuild itself since 2002, again via a public bailout. But some are skeptical the efforts will be any more successful this time around. The airline, which lost two aircraft this y

    August 30, 2014 06:25 am JST
  • Japan to lower corporate loss carryforwards

    TOKYO -- To help scrape up money to finance corporate tax cuts, the government plans to further limit companies' ability to lower their taxes by carrying forward past losses to offset income. Existing rules restrict large corporations' use of lo

    August 30, 2014 05:55 am JST
  • China onions' prices spike in Japan after pesticide found

    TOKYO -- The import price of Chinese-grown onions is surging in Japan on reduced supplies after excessive amounts of an agrochemical were detected in them last month. The price now stands at about 80 yen (76 cents) per kilogram, up 50% from July

    August 30, 2014 05:51 am JST
  • Bad weather crimping Japan's economic recovery

    TOKYO -- The typhoons and downpours that battered cities across Japan in July have also cast a pall over consumer sentiment, threatening to derail an economy beginning to emerge from the decline caused by the April consumption tax hike. Househol

    August 30, 2014 05:49 am JST
  • Public on both sides hurt by Japan-South Korea tensions

    SEOUL -- Some 30 college students from Japan and South Korea got together in early August for a heated discussion on how to improve communication between the two neighbors. "We need a framework for allowing everyone from school children to senio

    August 30, 2014 05:34 am JST
  • KDDI to enter discount smartphone market

    TOKYO -- Japanese telecommunications service provider KDDI will start selling low-cost network services via a new subsidiary this year to tap the nation's growing market for discount smartphones. KDDI, the company behind the au brand, has formed

    August 30, 2014 05:29 am JST
  • Indian economy grows 5.7% on hopes for new government

    MUMBAI -- India's real gross domestic product grew 5.7% on the year in the April-June quarter, reflecting the surge in consumption and investment brought on by the inauguration of Prime Minister Narendra Modi. Growth beat the 5% mark for the fir

    August 30, 2014 04:36 am JST
  • Aeon to debut LTE-compatible discount smartphone

    TOKYO -- Japanese retail giant Aeon will release a new discount smartphone Sept. 5, its third since entering the market in April and the first that meshes with LTE high-speed data communication services. The new smartphone uses a handset manufac

    August 30, 2014 04:30 am JST
  • Panasonic, Tata working on water purification system for India

    OSAKA -- Panasonic will develop a compact and efficient water purification system suited for use in rural communities of India, in collaboration with local conglomerate Tata Group. A special photocatalyst devised by the Japanese electronics make

    August 30, 2014 04:25 am JST
  • Beijing to take scalpel to pay at state-owned businesses

    BEIJING -- China decided Friday to rein in compensation and benefits for management at state-owned enterprises, which have been criticized as excessive. The policy, settled at a Politburo meeting chaired by President Xi Jinping, will apply to st

    August 30, 2014 04:23 am JST
  • Modi aiming for closer security ties with Japan

    NEW DELHI -- Indian Prime Minister Narendra Modi hopes to work more closely with Japan regarding defense and national security, and he sees similarities between Japan's Abenomics and his own economic reforms, he told Japanese media in a joint interv

    August 30, 2014 04:06 am JST
  • Nonferrous, Europe-related stocks fall in Tokyo

    TOKYO -- Many nonferrous-metal and Europe-related shares had a bad Friday here as copper prices fell from rising tensions in Ukraine and the euro weakened. Leading nonferrous-metal companies dipped almost across the board. Dowa Holdings temporar

    August 30, 2014 03:38 am JST
  • Corporate Japan could take a page from Apple's playbook

    TOKYO -- Japanese companies that have seen their stock prices languish may be able to learn from the success of Apple, whose corporate ethos appears to be anchored on rewarding shareholders. The Nikkei Stock Average has declined 5% from the end

    August 30, 2014 03:19 am JST
  • Nitori to open 100 home-furnishing stores in China by 2022

    TOKYO -- Nitori Holdings, operator of Japan's largest chain of furniture and interior goods stores, has plotted out a multistore expansion plan in China that begins in October with one store and reaches 100 shops by 2022. The Nitori stores will

    August 30, 2014 02:52 am JST
  • Ito En's May-July op profit likely plunged 60%

    TOKYO -- Ito En is seen reporting a roughly 60% year-on-year drop in operating profit for the three months ended July 31 on weak beverage sales resulting from unseasonable weather and a consumption tax hike. The Japanese tea drink manufacturer i

    August 30, 2014 02:51 am JST
  • Panasonic to hike interim dividend

    OSAKA -- Panasonic said Friday that it will pay a dividend of 8 yen ($0.08) per share for the six months through Sept. 30, up 3 yen from a year earlier. Previously, the Japanese electronics company had not issued a projected interim payout.

    August 30, 2014 02:50 am JST
  • Modi to use Japan trip to work on bringing bullet trains to India

    NEW DELHI -- Indian Prime Minister Narendra Modi hopes to make progress during his visit to Japan starting Saturday on bringing shinkansen bullet trains and Japanese nuclear power equipment to his country. Modi, who took office in May, spoke wit

    August 30, 2014 02:41 am JST
  • Sony CEO Hirai to head new strategy group

    TOKYO -- Sony on Friday announced that President and Chief Executive Officer Kazuo Hirai will lead a new initiative aimed at bolstering product and brand strategy groupwide. The electronics giant is launching the UX, Product Strategy, Sales & Ma

    August 30, 2014 02:17 am JST
  • Sekisui House kicks off housing phase of Sydney redevelopment project

    OSAKA -- Sekisui House has begun constructing residential buildings in what marks the start of the second stage of the huge Central Park redevelopment project in downtown Sydney. The Japanese homebuilder and a Singapore-based property developer

    August 30, 2014 02:15 am JST
  • Southeast Asian transportation network taking form

    BANGKOK -- Efforts to build a modern cross-border transportation network are underway in Southeast Asia, where regional economic integration is scheduled by the end of 2015. These projects are attracting Japanese companies seeking to contribute

    August 30, 2014 01:55 am JST