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  • Antitrust, profit woes pushing US companies out of China

    DALIAN, China -- U.S. information-technology companies are downsizing their operations in China in the face of diminishing prospects for profit and concerns about Chinese government intervention in their business. Companies such as Adobe Systems

    October 2, 2014 07:00 pm JST
  • GM set to build stronger presence in China

    NEW YORK -- General Motors plans to spend $14 billion in China through 2018 to ramp up local output capacities by over 50% to 5.4 million units a year, according to the U.S. company's midterm business plan. The plan, released Wednesday, calls fo

    October 2, 2014 01:30 pm JST
  • Samsung counters Apple with Galaxy Note 4

    SEOUL -- Samsung Electronics released the new Galaxy Note 4 in South Korea in late September, hoping to shore up its struggling smartphone business and beat back a strong challenge from Apple. The latest device in the Galaxy Note series, the Sou

    October 2, 2014 01:00 pm JST
  • China urges world to respect its sovereignty over H.K. amid protests

    WASHINGTON (Kyodo) -- Chinese Foreign Minister Wang Yi called Wednesday on other countries to "respect China's sovereignty" over Hong Kong, dismissing U.S. calls for restraint in handling massive prodemocracy demonstrations there. Wang, ahead of

    October 2, 2014 09:29 am JST
  • Surgical robot maker cutting prices to boost accessibility

    TOKYO -- The Japanese unit of U.S. company Intuitive Surgical announced Wednesday that it will cut the price of its surgical robot system by up to 25%. The da Vinci Surgical System features four free-moving robotic arms that can fit through smal

    October 2, 2014 05:59 am JST
  • US, India to boost trilateral ties with Japan

    TOKYO -- U.S. President Barack Obama and Indian Prime Minister Narendra Modi agreed on the importance of dialogue with Japan and confirmed their plan to hold trilateral foreign ministerial talks, a move designed to check growing Chinese influence in

    October 2, 2014 04:22 am JST
  • US, India teaming up to secure seas, combat terrorism

    WASHINGTON/NEW DELHI -- U.S. President Barack Obama and Indian Prime Minister Narendra Modi agreed at a White House summit Tuesday to strengthen security ties in light of an increasingly assertive China and rising terrorist threats. They express

    October 2, 2014 03:35 am JST
  • Curtis S. Chin: Time for a US 'business pivot' to Asia

    Opinion surveys show that record numbers of Americans say the U.S. should mind its own business and let other countries get along as best they can. It would be understandable -- but a mistake -- if President Barack Obama simply followed popular opin

    October 2, 2014 12:00 am JST
  • Lex Rieffel: What Myanmar does not need

    As if U.S. President Barak Obama does not have enough to worry about, the politics of traveling to Myanmar in early November for the East Asia Summit only becomes more complicated. Myanmar's transition to democratic governance got off to a good

    October 2, 2014 12:00 am JST
  • Race on to nurture new tech from nature

    TOKYO -- Humans have a lot to learn from nature. Living organisms evolve and adapt to their environments, developing unique and highly efficient characteristics. Birds and bats are able to fly despite their small statures, lizards' feet cling to sur

    October 2, 2014 12:00 am JST
  • Arthur Herman: Japan's coming drone revolution

    Unmanned aircraft, or drones, made headlines last spring when South Korean investigators found three small robotic planes equipped with digital cameras that had flown undetected across the border from North Korea and then crashed. South Korean offic

    October 2, 2014 12:00 am JST
  • India's Modi barnstorms the US

    NEW DELHI -- On his first visit to the U.S. as India's prime minister, Narendra Modi has promised American investors a business-friendly, red-tape-free environment and pledged with President Barack Obama to raise bilateral trade five-fold to nearly

    October 1, 2014 10:03 pm JST
  • Daiwa to list Japan's first health care REIT in November

    TOKYO -- A health care real estate investment trust run by Daiwa Real Estate Asset Management is scheduled to list on the Tokyo Stock Exchange in early November. The REIT, which mainly invests in private nursing homes and other facilities for th

    October 1, 2014 03:45 pm JST
  • Dollar hits 6-yr high vs. yen on U.S., Japan central bank divergence

    TOKYO (Kyodo) -- The U.S. dollar rose to a six-year high above 110 yen Wednesday morning in Tokyo on the diverging monetary policy outlooks of the central banks of the United States and Japan. At noon, the dollar fetched 109.93-94 yen compared w

    October 1, 2014 12:45 pm JST
  • Ford to go on the offensive in Asia

    DEARBORN, Mich. -- Ford Motor plans to take its Lincoln luxury brand to the Chinese market and turn China, India and Thailand into major Asian production hubs to strengthen its presence in a region the automaker has yet to fully cultivate. Chief

    October 1, 2014 06:11 am JST
  • Japan seeks defense talks with US after Okinawa vote

    TOKYO -- Japan's defense minister is looking to meet with his American counterpart in November just days after a mayoral election in the Okinawan city chosen to host an unpopular U.S. military base. Akinori Eto and Defense Secretary Chuck Hagel

    October 1, 2014 04:47 am JST
  • SingTel partners Akamai on cyber security

    SINGAPORE -- Singapore Telecommunications (SingTel) is going into partnership with Akamai Technologies, a Massachusetts-based cloud-computing company, to offer cyber security solutions to companies in Asia-Pacific. The partnership aims to help e

    September 30, 2014 11:52 pm JST
  • Alibaba IPO may herald China overtaking US on Net

    BANGKOK -- Chinese e-commerce giant Alibaba Group Holding made an enormous debut Sept. 19 on the New York Stock Exchange. The company's market capitalization reached $231 billion on the first day of its listing, making it the largest-ever initial pu

    September 30, 2014 01:00 pm JST
  • Investment superstars put to the test

    TOKYO -- The bond market was thrown into some confusion last week when renowned American investor Bill Gross left Pacific Investment Management, the company he cofounded in 1971. His headline-grabbing departure from Pimco can be traced to plunges in

    September 30, 2014 01:00 pm JST
  • U.S. supports Hong Kong demonstrators' call for democracy

    WASHINGTON (Kyodo) -- The United States supports "the aspirations of the Hong Kong people," White House Press Secretary Josh Earnest said Monday, referring to demonstrators who are protesting Beijing's plan for a restrictive leadership election in t

    September 30, 2014 08:38 am JST