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  • 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 o

    April 24, 2014 07:00 pm JST
  • Burberry won't renew licensing deal in Japan

    TOKYO -- British designer brand Burberry does not intend to renew its licensing agreement in Japan, paving the way for it to open more directly run stores here once the contract expires next year. Burberry sells trenchcoats and other apparel tha

    April 24, 2014 02:44 am JST
  • China again takes Go title

    TOKYO -- Chinese university student Wang Chen won the 12th World Students Go Oza Championship in Tokyo on Feb. 25-26. This was the first time in two years for a Chinese player to win the title, and the seventh time overall. In the annual amateur

    April 24, 2014 12:00 am JST
  • Japan slow to attract foreign executive talent

    When a non-Japanese manager is appointed to a top position at a large Japanese company, it is news and prompts speculation in the business press about whether Japan Inc. is finally opening up to outsiders. The most recent event was the naming of

    April 24, 2014 12:00 am JST
  • Mongolia's green power pioneers keep Asian Super Grid dream alive

    ULAN BATOR -- There is another name for Mongolia: Land of the Eternal Blue Sky. Take the country's many hours of sunshine and add its wild, windswept steppes, and you would think it is a renewable energy paradise. In reality, 95% of Mongolia's p

    April 24, 2014 12:00 am JST
  • Hyundai's fuel cell SUV to debut in home market

    SEOUL -- Hyundai Motor predicts that the age of mass-market fuel cell cars will begin in 2020, but it will start selling them in South Korea before then. The automaker expects to deliver 40 hydrogen-powered versions of its Tucson SUV in the coun

    April 23, 2014 01:17 am JST
  • Nifco to buy German autoparts supplier KTW

    TOKYO -- Japanese autoparts manufacturer Nifco will acquire German peer KTW to increase its dealings with European automakers. The two companies are expected to reach an agreement on Tuesday. Under the deal, Nifco will likely buy all shares in K

    April 22, 2014 02:49 am JST
  • Daniel Twining: Asia's pivot to America

    When U.S. President Barack Obama launches his four-country Asian trip in Japan on April 23, his main priority will be to reassure anxious allies that there will be no Asian Crimea. Just as no European nation wants to be part of a new Russian Empire,

    April 21, 2014 07:00 pm JST
  • Japan-EU trade talks coming to a head

    TOKYO -- Trade negotiations between Japan and the European Union, launched a year ago, are at a crucial juncture. The talks on an economic partnership agreement have not drawn as much attention as those between Japan and the U.S. over the Trans-

    April 21, 2014 07:00 pm JST
  • DP World diving headlong into emerging-market ports

    DUBAI -- DP World, the global marine terminal operator based in the United Arab Emirates, is ramping up investments in emerging economies to capture the growing distribution demand in these areas. The company is on track to pour $3.7 billion int

    April 21, 2014 01:31 am JST
  • Weak China demand pulls down gold prices

    TOKYO -- Ukraine's crisis failed to boost gold prices. Investors tend to buy gold to protect their wealth during crises. But the price of the precious metal has remained flat because emerging economies are not buying. In particular, the closer s

    April 20, 2014 07:00 am JST
  • Panasonic to give Southeast Asia more latitude in electronics

    OSAKA -- Panasonic has firmed up plans for assigning headquarters functions to Southeast Asia as early as this summer for consumer electronics operations there. Planning and development of products will be localized, shifting decision-making aut

    April 19, 2014 05:43 am JST
  • Fast Retailing's biggest threat: higher labor costs abroad

    TOKYO -- With Fast Retailing cutting its earnings forecast due to rising personnel costs at its Japanese segment, investors are worried that the company behind the Uniqlo casual fashion brand may face a similar scenario overseas, where it has been a

    April 18, 2014 12:26 am JST
  • JAL to bring Wi-Fi service to entire fleet

    TOKYO -- Japan Airlines will begin offering Wi-Fi service on all domestic and international flights by the end of fiscal 2016, with the exception of soon-to-retire small aircraft and propeller planes. Although the installation of equipment w

    April 17, 2014 04:37 am JST
  • Canon's January-March operating profit seen up 50%

    TOKYO -- Canon Inc.'s group operating profit for the January-March quarter apparently jumped around 50% on the year to 80 billion yen ($775 million) or so despite a drop in camera sales volume. High-margin products accounted for more of revenue.

    April 17, 2014 02:00 am JST
  • EU needs better business with China

    China's prominence in global affairs has been on an unstoppable trajectory, and the nation is increasingly in the foreground of major political, social and economic events. This is true for business as well, as Chinese companies pursue increasin

    April 17, 2014 12:00 am JST
  • JT seen topping profit target on rush to beat sales tax hike

    TOKYO -- Japan Tobacco Inc. likely generated a group operating profit of 645 billion yen ($6.26 billion) for the year ended March 31, up 21% on the year and marking a third straight year of record black ink. The figure beats the projected 638 bi

    April 16, 2014 05:54 am JST
  • Stephen Grenville: IMF ignores its own data on emerging economies

    Christine Lagarde, managing director of the International Monetary Fund, told the Group of 20 summit in St. Petersburg last September: "Just as some advanced economies have begun to gather momentum, many emerging markets are slowing." With this warn

    April 15, 2014 01:00 pm JST
  • EU to expand sanctions against Russia over Ukraine

    BRUSSELS (Kyodo) -- The European Union agreed at a meeting of foreign ministers Monday to expand the scope of asset freezes and visa bans against Russian officials in the wake of heightening tensions in eastern Ukrainian cities. The EU council

    April 15, 2014 10:00 am JST
  • Nickel, palladium prices rising amid Ukraine turmoil

    TOKYO -- International prices of nickel and palladium are climbing amid worries about supplies from Russia, a major producer of both metals, in light of the geopolitical turmoil in Ukraine. If the U.S. and Europe toughen their economic sanctions

    April 15, 2014 05:30 am JST