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  • Interest rates, Russia risks dragging euro down

    TOKYO -- The euro reached on Wednesday its lowest point against the dollar in Tokyo since November 2013, amid falling interest rates and worries about the impact on the euro zone of European Union sanctions against Russia. The euro softened to $

    July 24, 2014 03:49 am JST
  • Foreign companies accelerate cheap yen funding

    TOKYO -- Non-Japanese companies have been raising more funds in yen this year, with low interest rates lifting samurai loans to a record high in the first half. U.S. and European banks cut back on lending after the 2008 financial crisis, leading

    July 24, 2014 02:02 am JST
  • Brand Japan almost 400 years old

    An imaginary European palace adorned with roughly 100 reproductions of antique Imari porcelain exported from Japan between the mid-17th and 19th centuries is the venue of the 34th Summer Festival of Arita & Imari Porcelain. The show runs through

    July 24, 2014 12:00 am JST
  • Lynda Gratton: Corporate vitality key to success

    I wrote a book a couple of years back called "The Shift." What I described there was the way I thought the world would change: the technological changes that are facing us, the globalization changes. And in the book, I talked about the three shifts

    July 24, 2014 12:00 am JST
  • Ken Kutaragi: In-car IT ready for masses

    Android Auto drew strong attention at this year's Google I/O, an annual software developer-focused conference held in June. The platform extends the use of Google's Android operating system to automobiles. It functions by connecting users' smartphon

    July 24, 2014 12:00 am JST
  • Brahma Chellaney: To prevent another MH17, examine root causes

    Despite the international outrage over its tragic fate, Malaysia Airlines' MH17 is not the first civilian airliner thought to have been shot down by rebels with an anti-aircraft missile. Nor will it be the last, unless urgent steps are taken interna

    July 24, 2014 12:00 am JST
  • Weaponizing the world

    Military spending in 2013 showed year-on-year growth worldwide in all regions except for the U.S., Europe and Oceania. Increases were particularly high in emerging economies. China has nearly tripled its military spending over a decade, and now acco

    July 24, 2014 12:00 am JST
  • Update: 5 detained in China expired meat scandal as police launch probe

    BEIJING (Kyodo) -- Shanghai police have detained five suspects in connection with an expired meat scandal that has rocked major fast food chains in China, Japan and the United States, local media reported Wednesday. Chinese authorities have plac

    July 23, 2014 05:18 pm JST
  • 5 detained in China tainted meat scandal as police launch probe

    BEIJING (Kyodo) -- Shanghai police have detained five suspects in connection with a tainted meat scandal that has rocked major fast food chains in China, Japan and the United States, Chinese state media reported Wednesday. Authorities have place

    July 23, 2014 04:15 pm JST
  • MH17 black boxes to be sent to Britain for analysis: Malaysia

    KUALA LUMPUR (Kyodo) -- The black boxes of the Malaysia Airlines jetliner that was shot down over rebel-held eastern Ukraine will be sent to Britain for forensic analysis, Malaysian Transport Minister Liow Tiong Lai said in a statement Wednesday.

    July 23, 2014 10:43 am JST
  • Hitachi throws down gauntlet to top 3 train makers

    TOKYO/LONDON -- Hitachi on Monday unveiled standard rail cars developed for overseas customers, an occasion that revealed the company's vaulting ambition for a market dominated by three giants. Switching to standardized production helps Hitachi

    July 23, 2014 05:52 am JST
  • Fortune 500 shows how badly corporate Japan lags West

    TOKYO -- In Fortune magazine's latest ranking of the world's top 500 companies by revenue, 57 Japanese businesses made the cut, five fewer than last year. In 2000, the figure exceeded 100, meaning over 20% of the companies in the global elite were J

    July 22, 2014 01:00 pm JST
  • Fighter jet makers duel over emerging markets

    PARIS/LONDON -- At this year's Farnborough International Airshow, one of the world's largest aircraft exhibitions, Boeing and Airbus competed for passenger jet orders in spectacular fashion. But the sidelines of the show, which closed Sunday, double

    July 22, 2014 07:00 am JST
  • Carmakers in Turkey boost exports as domestic sales falter

    ISTANBUL -- Capitalizing on the depreciation of the lira, automakers operating in Turkey are stepping up exports to offset weak domestic demand. Ford Otosan, set up jointly by Ford Motor of the U.S. and Koc Holding, a leading industrial conglom

    July 21, 2014 01:00 pm JST
  • Panasonic to sell mobile base station business to Nokia

    OSAKA -- Panasonic has apparently reached a basic agreement to sell its cellphone base station business to Finland's Nokia. The Japanese electronics maker, which has been streamlining, wants to further free itself to focus on growth fields. Amon

    July 20, 2014 02:00 am JST
  • Deadline for Iran nuclear talks extended to November

    VIENNA (Kyodo) -- Iran and major powers agreed Friday to extend the deadline for concluding talks over Tehran's nuclear program from Sunday to Nov. 24 as differences remain over the limits on Iran's uranium enrichment capacity. "There are still

    July 19, 2014 09:40 pm JST
  • G-20 trade chiefs reaffirm importance of trade facilitation

    SYDNEY (Kyodo) -- Trade ministers from the Group of 20 industrialized and emerging economies on Saturday reaffirmed the importance of promoting global trade facilitation, a key part of a trade deal agreed last year in Bali. Attention was focused

    July 19, 2014 09:30 pm JST
  • Temasek looks west as China investment cools

    SINGAPORE -- Slowing growth in its investment performance in emerging markets -- especially China -- is spurring Singaporean sovereign wealth fund Temasek Holdings to pump more money into the developed markets of North America and Europe, where it h

    July 19, 2014 01:00 pm JST
  • Responsibility for downed jet still unclear

    MOSCOW -- Ukraine and Russia are engaged in an information war over a passenger jet shot down over eastern Ukraine, which may make it all the more difficult to discover what actually happened. The U.S. and European nations consider it most likel

    July 19, 2014 05:22 am JST
  • Chinese yuan raising global profile

    HONG KONG -- Companies the world over are increasingly using China's currency to make settlements for trade and investment as they seek to hedge risk and do more business with the massive Chinese market. Yuan-denominated settlements as a proport

    July 19, 2014 04:24 am JST