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  • Trump says will make decision on Paris climate pact next week

    TAORMINA, Italy (Kyodo) -- President Donald Trump said Saturday he will decide whether the United States will stay in the Paris Agreement on climate change next week."I will make my final decision on the Paris Accord next week," Trump said in a Twit

    May 28, 2017 12:42 am JST
  • Sharp to open panel factory in US

    TAIPEI -- Sharp President and CEO Tai Jeng-wu on Saturday said his company is planning to build a factory in the U.S. that will make small displays."These panels will not only be used on smartphones," Tai told a small group of reporters at a Foxconn

    May 27, 2017 09:41 pm JST
  • G-7 leaders to condemn N. Korea, terrorism as summit wraps up

    TAORMINA, Italy (Kyodo) -- Group of Seven leaders are set to send a message of condemnation of North Korea's nuclear and ballistic missile programs and of terrorism on Saturday, the second and final day of their summit in Italy.The leaders, four of

    May 27, 2017 02:55 pm JST
  • US to conduct first ICBM intercept test next week: official

    WASHINGTON (Reuters) -- The United States will test an existing missile defense system to try to intercept an intercontinental ballistic missile (ICBM) next week, U.S. officials said on Friday, at a time when North Korea is trying to develop one.The

    May 27, 2017 02:15 pm JST
  • Giving a voice to America's 'ignored' Asian immigrants

    NEW YORK -- It seemed fitting that Min Jin Lee, the South Korea born, Ivy League educated author of the recently published novel "Pachinko," would choose the curious tastes of Cuban-Chinese food for a chat over lunch in Manhattan. She knew exactly w

    May 27, 2017 01:30 pm JST
  • G-7 remains divided over protectionism, climate change

    TAORMINA, Italy -- Although Group of Seven leaders agreed Friday on the importance of free and fair trade, they struggled to reach common ground with regard to protectionism, a Japanese official said.At last year's G-7 summit in Japan, leaders issue

    May 27, 2017 06:47 am JST
  • G-7 leaders agree to boost intel sharing in anti-terror fight

    TAORMINA, Italy -- With the world still reeling from Monday's suicide bombing in the U.K. city of Manchester, Group of Seven leaders vowed to join hands in the fight against terrorism by bolstering intelligence sharing and promoting better tracking

    May 27, 2017 06:06 am JST
  • A year after Hiroshima, Obama's nuclear-free hope a pipe dream

    TOKYO -- One year after then-U.S. President Barack Obama prodded mankind to dream of a future without nuclear weapons in Hiroshima, the world looks like a different place.Obama's successor, Donald Trump, has preached about the need to bolster nuclea

    May 27, 2017 05:57 am JST
  • Abe pushing for more US deterrence in Asia

    TAORMINA, Italy -- By urging the U.S. to play a greater role in the Asia-Pacific region, Japanese Prime Minister Shinzo Abe seems to be hoping that Washington will serve as a deterrent to both North Korea's missile development and China's maritime a

    May 27, 2017 05:50 am JST
  • Market Scramble: Asset managers bullish on Europe, Japan stocks

    TOKYO -- The rise in stock markets is expected to continue the world over, judging by the funds allocation plans of leading wealth management companies.Now is a time to buy European shares, Didier Borowski of Amundi Asset Management told Japanese pe

    May 27, 2017 05:00 am JST
  • US, Japan agree to turn up heat on North Korea

    TAORMINA, Italy -- U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe agreed here Friday to ramp up pressure on North Korea for its continued missile tests, including through additional sanctions.North Korea is a global problem that

    May 27, 2017 01:57 am JST
  • Interview

    St. Louis Fed chief calls for early reduction of balance sheet

    TOKYO -- The president of the St. Louis Federal Reserve on Friday told The Nikkei that the Fed should start reducing its balance sheet -- and soon."The Fed should start to reduce the balance sheet sometime in the second half of the year," James Bull

    May 26, 2017 09:56 pm JST
  • Teijin to go on worldwide auto composites drive

    TOKYO -- Japanese chemical and textile manufacturer Teijin will increase the number of its automotive composite material production and engineering bases around the world to around 30 -- 1.5 times the current number.The initiative will span the next

    May 26, 2017 07:37 pm JST
  • SoftBank champions Nvidia's growing dominance in AI-use chips

    PALO ALTO, U.S. -- There is a good reason that SoftBank and a Saudi Arabian investment fund are ready to pour billions of dollars into a the U.S. chipmaker Nvidia -- it has the best graphics processors for AI and self-driving technologies out there.

    May 26, 2017 06:41 pm JST
  • Japan, US tiptoe up to China's road as political winds shift

    TOKYO -- The U.S. and Japan are showing greater support for Chinese-led projects they once shunned, such as the Belt and Road Initiative and the Asian Infrastructure Investment Bank, a sudden change that betrays the governments' underlying motives.M

    May 26, 2017 02:05 pm JST
  • Trump son-in-law Kushner under FBI scrutiny in Russia probe: media reports

    WASHINGTON (Reuters) -- President Donald Trump's son-in-law, Jared Kushner, a senior White House adviser, is under scrutiny by the Federal Bureau of Investigation in the Russia probe, the Washington Post and NBC News reported on Thursday.Kushner is

    May 26, 2017 08:50 am JST
  • Extending cuts, OPEC girds for a fight against shale

    VIENNA -- OPEC agreed Thursday to prolong crude oil output cuts by nine months through March 2018, but the effort may not be as effective as it could be as some members are unlikely to adhere to their reduction targets.Members and such nonmember pro

    May 26, 2017 06:58 am JST
  • 5-way battle brewing for Toshiba's memory ops

    TOKYO -- Four bidders and U.S. partner Western Digital are competing to buy Toshiba's cash-cow memory chip unit, with some pursuing co-ownership schemes with two state-backed entities in order to gain an edge.During a meeting Thursday at its Tokyo h

    May 26, 2017 06:41 am JST
  • China agrees to boost U.S. imports

    BEIJING -- China has offered to buy more goods from the U.S. as it tries to curry favor with an American administration bent on reducing trade deficits with Beijing.The Commerce Ministry's report on trade relations with the U.S. released Thursday, o

    May 26, 2017 05:37 am JST
  • Daikin's new US factory to head global expansion

    WALLER, U.S. -- The world's largest air-conditioning manufacturer, Daikin Industries, is developing a strategy to become a truly global company, opening a $410 million Texas facility on Wednesday and a lobbying office on Friday to promote energy-eff

    May 26, 2017 05:26 am JST