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  • Aging population China

    Japanese company taps into Chinese elder care with adult diapers

    TOKYO -- Japan's Longlife Holding is expanding its elder care goods business to China, with plans to start selling disposable adult diapers first and later beds and other products. It will be the company's first attempt at selling its products o

    February 1, 2015 01:00 pm JST
  • Political staple

    Japan's rice exports to China surge but future depends on diplomacy

    SHANGHAI -- Rice from Japan is making its way to more Chinese dinner tables. The yen's decline against the yuan and rising income levels in China have made bags of the staple more appealing -- though they still do not come cheap, and politics could

    February 1, 2015 07:00 am JST
  • Japan air patrols over S China Sea would be 'welcome': Pentagon

    WASHINGTON (Kyodo) -- The U.S. Defense Department said Friday it would "welcome" future air patrols by Japan over the South China Sea, where China is involved in territorial disputes with some Southeast Asian countries. But the U.S. State Depart

    January 31, 2015 07:00 pm JST
  • Wearable devices in China

    Growing health awareness, functionality help boost popularity

    SHANGHAI -- As Chinese consumers look to drop a few pounds, they are increasingly strapping on high-tech devices to monitor their caloric intake, fitness level and other health-related stats. Research company Enfodesk projects the market for such ga

    January 31, 2015 01:00 pm JST
  • 'President's Time'

    With memoir, ex-leader stirs up a storm in South Korea

    SEOUL -- A new memoir by former President Lee Myung-bak has caused an uproar in the current South Korean government for exposing behind-the-scenes intrigue involving key figures from the country's East Asian neighbors. Advance copies of "Preside

    January 31, 2015 07:40 am JST
  • Betting on Asia's growing middle class

    Japan's Longreach to buy jeweler

    TOKYO -- Private-equity fund Longreach Group will buy out Primo Japan, a jewelry store operator, for an estimated 20 billion yen ($167 million), in the hope of opening new outlets in China and other growing Asian markets. Primo Japan currently

    January 31, 2015 06:26 am JST
  • Major restructuring

    Panasonic to quit making TVs in China, Mexico

    OSAKA -- Panasonic will withdraw from TV production in China and Mexico to come full circle on restructuring of an ailing segment that has continued to weigh on profits. The Japanese electronics manufacturer had announced that it would finish it

    January 31, 2015 04:08 am JST
  • Slam dunk

    Internet giant Tencent to stream American basketball games in China

    GUANGZHOU, China -- Internet services company Tencent Holdings has signed an exclusive agreement with the National Basketball Association to stream U.S. professional basketball games here. Tencent did not disclose the cost of the deal, announced

    January 31, 2015 03:31 am JST
  • Duty-free appeal

    Spending by Japan visitors soars 52% in October-December

    TOKYO -- Spending by foreigners visiting Japan jumped 52% on the year in the October-December period to 560.5 billion yen ($4.7 billion), the government's tourism agency said Friday. The figure is the highest for a quarter since the survey began

    January 31, 2015 03:11 am JST
  • Offshore deposits

    Hong Kong cracks 1 trillion yuan after conversion cap removed

    HONG KONG -- Yuan-denominated deposits in Hong Kong totaled 1.0035 trillion yuan ($129 billion) in December, breaking the 1 trillion mark for the first time, the Hong Kong Monetary Authority said Friday. The increase was attributed partly to the

    January 31, 2015 01:38 am JST
  • Catching up to Samsung

    Apple nearly retook smartphone lead in October-December

    SILICON VALLEY -- Apple almost beat out Samsung Electronics in global smartphone shipments for the October-December quarter on strong sales of its newest models, according to a Thursday report from research firm IDC. Apple's market share increas

    January 31, 2015 01:19 am JST
  • Imabari laying out $335M

    Japan's leading shipbuilder to invest in new dock

    TOKYO -- Japan's largest shipbuilder, Imabari Shipbuilding, has decided to spend 40 billion yen ($335 million) constructing a large dry dock. The decision, which came Jan. 29, marks a turnaround of sorts. Japan's shipbuilding industry suffer

    January 30, 2015 07:00 pm JST
  • Cambodian politics

    Hun Sen maneuvers for power as younger voters rise

    PHNOM PENH -- In various spots around this dynamic capital, one can see posters depicting Cambodia's three key leaders -- Prime Minister Hun Sen in the center, with Senate president Chea Sim on his left and National Assembly president Heng Samrin on

    January 30, 2015 07:00 pm JST
  • Political connections key

    Japan's Itochu and Thailand's CP navigate minefield to seal Citic deal

    TOKYO -- Japanese trading house Itochu and Thailand's Charoen Pokphand, best known for its food and retail businesses, have announced plans to effectively invest 1.2 trillion yen ($10.1 billion) in Citic, one of China's most powerful state-owned fin

    January 30, 2015 01:00 pm JST
  • Itsuo Toshima

    The crisis in Greece -- good news for China?

    Europe will never let Greece leave the eurozone without a fight. The reason? Geopolitical risk. The Balkan Peninsula is in a key strategic position -- the eastern gateway to the Mediterranean for Asian nations. "China is busy buying airports and

    January 30, 2015 01:00 pm JST
  • Regulators fret over frothy stocks

    Market jitters grow over when, how China's central bank will loosen

    HONG KONG -- There is a hot debate going on among China's financial market watchers over a likely loosening of the country's monetary policy. The consensus is that the People's Bank of China, the central bank, will expand the money supply in the nea

    January 30, 2015 01:00 pm JST
  • E-commerce giant

    Clash with Chinese authorities casts shadow on Alibaba

    SHANGHAI -- Chinese authorities are stepping up criticism of Alibaba for failing to crack down on sales of poor-quality and counterfeit products on its websites, a development that is raising doubts about the company's operations. The Chinese e-

    January 30, 2015 05:05 am JST
  • UN study

    Geopolitical risks cooling investment globally

    TOKYO -- Cross-border investment sank to a five-year low in 2014 as money fled sanction-hit Russia, the increasingly unstable Middle East and North Africa, a United Nations study shows. Direct overseas investment fell 8% to $1.26 trillion last y

    January 30, 2015 01:46 am JST
  • China cyber security

    U.S. businesses protest intrusive computer regulation

    Dalian -- The American Chamber of Commerce in China and 17 other U.S. business groups have sent a letter to Chinese cyber security authorities opposing new regulations that came into force late last year. Companies such as Apple, Cisco and Micro

    January 29, 2015 10:00 pm JST
  • McDonald's CEO Don Thompson leaving after tumultuous run

    Reuters -- McDonald's Corp, fresh off one of its worst financial years in decades, on Wednesday said Chief Executive Officer Don Thompson would leave at the end of February and be succeeded by Chief Brand Officer Steve Easterbrook. Shares in the

    January 29, 2015 01:40 pm JST