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  • GE-Hitachi venture enlists Rosatom for US reactor fueling

    TOKYO -- A nuclear fuel supplier jointly owned by General Electric and Hitachi has formed a partnership with a unit of Russia's Rosatom that will give it greater reach in the U.S.Announced Tuesday, the collaboration between Global Nuclear Fuel and R

    May 25, 2016 02:00 am JST
  • Okinawa calls for smaller US base following murder of local woman

    NAHA (Kyodo) -- The Okinawa prefectural government and some city assemblies in the southern island prefecture on Tuesday stepped up calls to scale down the U.S. military presence there following the arrest of a civilian U.S. base worker over the dea

    May 24, 2016 10:12 pm JST
  • Japan, Canada agree on need for fiscal stimulus to boost economy

    TOKYO (Kyodo) -- Prime Minister Shinzo Abe and his Canadian counterpart Justin Trudeau agreed Tuesday on the need for boosting fiscal stimulus to bolster global growth ahead of the summit between the Group of Seven advanced economies in central Japa

    May 24, 2016 09:58 pm JST
  • G-7 countries remain divided on fiscal stimulus

    TOKYO -- A key focus at the Group of Seven summit at Japan's Ise-Shima resort -- which will convene later this week -- will be international policy cooperation on structural reforms and fiscal stimulus.During his visit to Europe earlier this month,

    May 24, 2016 05:00 pm JST
  • Commentary

    Phuong Nguyen -- For Vietnam and the US, the best is yet to come

    U.S. presidential visits to Vietnam, where America was involved in a long, brutal war that scarred its national consciousness, are bound to be emotional events. But when President Barack Obama visited Vietnam May 23-25, the high emotions on both sid

    May 24, 2016 03:30 pm JST
  • Obama says several Vietnamese activists prevented from meeting him

    HANOI (Reuters) -- U.S. President Barack Obama said several Vietnamese civil society members were prevented from meeting him on Tuesday and that, despite great strides made by the country, Washington had concerns about the limits it puts on politica

    May 24, 2016 03:00 pm JST
  • Still no agreement on fiscal stimulus ahead of G7 meeting

    TOKYO - Japanese Prime Minister Shinzo Abe's cabinet convened Tuesday morning, as preparations for the Group of Seven summit intensified. While Abe, Finance Minister Taro Aso -- just back from the G7 Finance Ministers meeting in Sendai - and the oth

    May 24, 2016 02:20 pm JST
  • Wendy's fast-food buy exploits McDonald's woes in Japan

    TOKYO -- The Japanese arm of U.S. hamburger chain Wendy's will purchase Suntory Holdings' fast-food unit First Kitchen this summer, taking the opportunity afforded by McDonald's weak footing to expand its presence here.Wendy's first tried penetratin

    May 24, 2016 01:00 pm JST
  • Wall Street dips; Apple gain fails to offset rate worries

    NEW YORK (Reuters) -- Wall Street ended lower on Monday as a bounce in Apple failed to offset concerns that the U.S. Federal Reserve could raise interest rates sooner than later.The timing of future Fed rate hikes in the face of a sluggish economy i

    May 24, 2016 06:21 am JST
  • US counters China in ending Vietnam arms embargo

    HANOI -- In lifting its ban on sales of lethal weaponry to Vietnam, the U.S. seeks to curb the growing Chinese presence in the South China Sea as Hanoi tries to strike a diplomatic balance between the Western superpower and a longtime Asian ally."Mo

    May 24, 2016 04:00 am JST
  • Amazon snuggling up to Japan's game developers

    TOKYO -- Amazon.com will hold a three-day event here starting Tuesday to forge closer ties with Japanese developers of games for smartphones.Some 90 executives from Amazon bases around the world, including the U.S., Europe and China, will mingle wit

    May 24, 2016 02:30 am JST
  • US, Vietnam can trade arms after Obama visit

    HO CHI MINH CITY -- President Barack Obama kicked off his historic visit to Vietnam by announcing the lifting of a 41-year-old arms embargo dating from the end of the Vietnam War in 1975, and also visited the home of Ho Chi Minh, the communist leade

    May 23, 2016 11:12 pm JST
  • Bayer defies critics with $62bn Monsanto offer

    FRANKFURT(Reuters) -- German drugs and crop chemicals group Bayer has offered to buy U.S. seeds company Monsanto for $62 billion in cash, defying criticism from some of its own shareholders in a bid to grab the top spot in a fast-consolidating farm

    May 23, 2016 10:00 pm JST
  • Okinawa governor hopes to meet with Obama after arrest of base worker

    TOKYO (Kyodo) -- Okinawa Gov. Takeshi Onaga requested Prime Minister Shinzo Abe on Monday to set up a meeting between him and U.S. President Barack Obama in the wake of the arrest in the prefecture of an American base worker on suspicion of dumping

    May 23, 2016 04:03 pm JST
  • US lifts arms embargo on Vietnam

    HANOI -- The U.S. has lifted its 41-year-old arms embargo on Vietnam, President Barack Obama announced Monday. The move marks a significant shift in his foreign policy amid China's growing military might.Obama announced the decision at a joint press

    May 23, 2016 03:18 pm JST
  • Interview

    Top US business school deans see similar trends in diversity, interest in startups

    NEW YORK -- Getting an MBA degree is widely considered to be a passport to success in one's career. In the 1980s, many Japanese companies sent employees to U.S. business schools, however, now there is a growing number of Chinese and Indian students

    May 23, 2016 01:30 pm JST
  • Dollar retreats to upper 109 yen on Japanese stock plunge

    TOKYO (Kyodo) -- The U.S. dollar dropped to the upper 109 yen range Monday morning in Tokyo as a plunge in Japanese stocks prompted traders to seek the perceived safety of the yen.At noon, the dollar fetched 109.80-81 yen compared with 110.17-27 yen

    May 23, 2016 01:13 pm JST
  • Commentary

    Kent E. Calder -- The right kind of G-7, and why we need it

    Over the four decades since its inception in 1975, the Group of Seven summit of advanced industrial nations has evolved into a valuable global institution -- especially for Japan, the only non-Atlantic member. The G-7 has emerged as an early warning

    May 23, 2016 01:00 pm JST
  • Dollar falls vs yen after Japan logs larger-than-expected trade surplus

    TOKYO/SYDNEY (Reuters) -- The dollar fell versus the yen on Monday, dragged lower by sliding Tokyo stocks and data showing Japan logged a much larger-than-expected trade surplus in April.The greenback was down 0.5 percent at 109.720 yen, pulling bac

    May 23, 2016 11:19 am JST
  • Obama, bound for Vietnam, seeks to turn old foe into new partner

    U.S. President Barack Obama on Sunday headed for his first visit to Vietnam, a trip aimed at sealing the transformation of an old enemy into a new partner to help counter China's growing assertiveness in the region.Four decades after the Vietnam War

    May 22, 2016 09:29 pm JST