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  • Airbus wants to be adopted by a Japanese 'family'

    TOKYO -- Airbus wants a Japanese "family" of component suppliers and developers to help it make aircraft. The European producer of jetliners is making overtures to companies in Japan that have old ties with its U.S. rival, Boeing. It has propose

    March 6, 2014 12:00 am JST
  • Drug companies putting iPS cells to work in the lab

    TOKYO -- Global pharmaceutical firms are moving to exploit induced pluripotent stem cells in early-stage testing of candidate compounds, hoping to slash the time spent on this basic research by more than half. The research, which uses cultured c

    March 5, 2014 06:41 am JST
  • Mitsui Sumitomo Insurance teaming up with European peers

    TOKYO -- Mitsui Sumitomo Insurance is working with two major European insurers to provide nonlife policies to businesses operating in more than 20 countries where it still has a weak presence in Africa as well as Central and Eastern Europe. Next

    March 5, 2014 06:27 am JST
  • Putin calls new Ukraine government 'anti-constitutional'

    MOSCOW -- Russian President Vladimir Putin denounced the ouster of Ukraine President Victor Yanukovych as an "anti-constitutional takeover" in a news conference Tuesday, but said that "so far, there's no need" to use military force. Putin stress

    March 5, 2014 06:15 am JST
  • Japan's trading houses reshuffling asset holdings

    TOKYO -- Japan's major trading houses are speeding up the process of shifting their asset holdings, selling off unprofitable stocks to move into nonresource fields less prone to market cycles. The weak yen and heavy investing have caused total a

    March 5, 2014 05:17 am JST
  • Toyota unveils sporty new Aygo at Geneva Motor Show

    GENEVA -- As European demand slowly recovers, Toyota Motor, Renault and other carmakers are taking the wraps off new models at the Geneva Motor Show, which opened here Tuesday. Toyota is pinning its European hopes on a new Aygo compact car. The

    March 5, 2014 04:51 am JST
  • Panasonic, Rakuten to use Linkedin site for recruitment

    TOKYO -- Major Japanese companies such as Panasonic and Rakuten plan to log on to Linkedin for recruiting purposes, seeing the social networking site as a smart way to reach talent around the world. The site, operated by California-based Linkedi

    March 5, 2014 02:51 am JST
  • DMG Mori Seiki to raise 31 billion yen via overseas offering

    NAGOYA -- DMG Mori Seiki Co., a top Japanese manufacturer of computer numerical control lathes and machining centers, will raise roughly 31 billion yen ($302 million) through a public offering of new shares and the sale of treasury stock, in an effo

    March 5, 2014 01:54 am JST
  • Japanese property stocks bottom out as Ukraine-triggered selling pressure eases

    TOKYO -- Selling appears to have run its course in the Tokyo market, with the Nikkei Stock Average ending Tuesday up 69.25 points, or 0.47%, at 14,721.48. Japanese stocks had been trading lower on concerns over geopolitical risks caused by tensi

    March 4, 2014 07:00 pm JST
  • Bayer sets its sights on two very different drug firms

    FRANKFURT -- Bayer announced two major acquisitions in as many days last week, both of which are expected to boost its global standing. While the German pharmaceutical giant charted a familiar course in Norway, where it acquired a cancer drug maker,

    March 4, 2014 01:00 pm JST
  • European autoparts makers targeting Japanese customers

    TOKYO -- European autoparts makers are boosting investment to better serve growing demand from Japanese automakers, which are producing more cars overseas to cushion the impact of currency fluctuations. ZF Friedrichshafen will spend 400 billion

    March 4, 2014 07:42 am JST
  • Territorial issue puts Japan in quandary over Russia's incursion

    TOKYO -- Japan has not gone as far as the U.S. and Europe to criticize a move by Russian forces into the Crimean Peninsula because it has been building ties with Moscow in hopes of resolving a territorial dispute. Japanese Foreign Minister Fumio

    March 3, 2014 04:21 am JST
  • Sovereign wealth funds buying more Japanese stocks

    TOKYO -- Sovereign wealth funds are stepping up their purchases of shares of Japanese companies seen as having raised their growth potential due to continued restructuring and the economic policies of Prime Minister Shinzo Abe. One of the world'

    March 3, 2014 04:15 am JST
  • Japan hopes to catch up in rocket launches

    TOKYO -- Japan is stepping up its rocket launches in order to gain more experience, aiming to catch up with the seasoned Russian and European competitors that now dominate in launching commercial satellites. Mitsubishi Heavy Industries and the J

    March 1, 2014 05:10 am JST
  • China's aid offensive prompts rethink in West

    TOKYO -- Trying to beat China at its own game, Western nations are placing a greater emphasis on helping the developing world build modern economies, with an eye toward contracts for their own companies. Fighting poverty has traditionally topped

    March 1, 2014 04:59 am JST
  • G-20 growth target ups pressure on Germany to spend

    TOKYO -- Germany has come under increasing pressure to boost government spending at a time when the Group of 20 nations has shifted its attention from closing budget holes to ginning up growth in an effort to shake off the lingering effects of the 2

    February 28, 2014 07:00 pm JST
  • Rakuten, Line want to overturn world of traditional phone calling

    TOKYO -- Smartphone chat apps are taking enormous revenue bites out of traditional mobile voice communications. And they are just getting started. On Feb. 26, Line, the Tokyo-based operator of the free call and messaging app of the same name,

    February 28, 2014 01:00 pm JST
  • $25 Firefox smartphone a possible threat to Apple, Google

    BARCELONA, Spain -- The U.S. nonprofit Mozilla Foundation's plan to begin offering a $25 smartphone in emerging economies could mark the emergence of a major new threat to Apple and Google in the market for smartphone operating systems. In his F

    February 28, 2014 01:00 pm JST
  • Japan's Recruit Holdings to bring Asian talent to US, Europe

    TOKYO -- Japanese staffing agency Recruit Holdings will start referring Asian personnel to European and American companies next year. The Tokyo-based firm has focused on finding local personnel for Japanese businesses operating in other Asian co

    February 28, 2014 05:31 am JST
  • G-20 growth target may burn out global economy

    TOKYO -- The Group of 20 nations has adopted an ambitious growth target aimed at propping up the global economy -- but it could just as easily set the stage for another worldwide financial disaster. At a recent summit in Sydney, G-20 finance min

    February 27, 2014 07:00 pm JST