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  • Foreign visitors to Japan spending 40% more so far this year

    TOKYO -- International visitors to Japan spent 1.46 trillion yen ($13.2 billion) in the first nine months of 2014, up 40% on the year and surpassing the 2013 figure of 1.41 trillion yen. Average expenditures per tourist came to 158,257 yen in th

    November 1, 2014 01:08 am JST
  • Don't sweat the Fed, here comes the BOJ

    Asian investors have been a jittery bunch of late. The region's economies, after all, have been fueled by an unprecedented credit boom over recent years. Record low interest rates in the West prompted capital to pour into emerging Asia, driving inve

    October 31, 2014 07:00 pm JST
  • Asia would likely have been safe from Fed move even before BOJ acted

    HONG KONG -- Investment advisers are unanimous: The end of the U.S. Federal Reserve's extraordinary dollar-printing policy will hurt emerging equity markets. They are also united in anticipating that Asian markets are unlikely to bear the brunt of t

    October 31, 2014 05:00 pm JST
  • Fed walks tightrope as it looks to future rate hikes

    NEW YORK -- With the U.S. finally having shaken off the worst effects of the 2008 global financial crisis, the Federal Reserve on Wednesday officially announced an end to its bond-buying program. The U.S. economy has begun to grow again, thanks

    October 31, 2014 01:00 pm JST
  • Sanrio eyes replacement stars for Hello Kitty through movie business

    TOKYO -- Japan's Sanrio, producer of global smash hit Hello Kitty, is looking to foster characters to reinvigorate sales after re-entering the movie business next month. The company has recently seen strong earnings from its Hello Kitty license

    October 31, 2014 01:00 pm JST
  • Volatility concerns ebb in Tokyo stock market

    TOKYO -- Concerns over a downturn in Tokyo stock prices are receding as investors here take a breath after the U.S. Federal Open Market Committee meeting this week. The Nikkei Stock Average Volatility Index, which is calculated based on options

    October 31, 2014 05:49 am JST
  • Thorny path ahead for Fed as quantitative easing ends

    NEW YORK -- Even as the U.S. Federal Reserve brings an end to quantitative easing, it faces a host of challenges before it can start raising interest rates and normalize monetary policy. The Fed said Wednesday that it will terminate quantitative

    October 31, 2014 05:23 am JST
  • US small-, midcap funds homing in on Japan

    TOKYO -- Without copious amounts of easy Federal Reserve money buoying stock markets, investors are bound to get choosy. A number of U.S. funds are already showing a preference for Japanese small- and midcap stocks. "We've hired more people for

    October 31, 2014 02:28 am JST
  • Japan-US security ties serve as deterrent against China: Nye

    TOKYO -- China cannot assert regional hegemony if Japan and America unite on security, former U.S. Assistant Secretary of Defense Joseph Nye told an audience here Thursday. Nye, now a Harvard University distinguished service professor, spoke at

    October 31, 2014 12:21 am JST
  • Japan frets over coming absence of US aircraft carriers

    TOKYO -- Security policymakers in Japan and the U.S. are privately voicing concern about the absence of U.S. aircraft carriers from East Asian waters for four months next year. Budget restrictions in the U.S. and turmoil in the Middle East

    October 30, 2014 07:00 pm JST
  • Brahma Chellaney: A broken international system?

    Three upcoming summits -- the Asia-Pacific Economic Cooperation meeting in Beijing, the annual East Asia Summit in Naypyitaw, Myanmar, and the G-20 summit in Brisbane, Australia -- will bring together a host of world leaders, including U.S. Presiden

    October 30, 2014 06:00 pm JST
  • Global army of 'personal shoppers' helps Japanese e-commerce site grow

    TOKYO -- A fast-growing Japanese Internet company called Enigmo is giving consumers a unique way to feed their brand habits. The company runs Buyma, a website that connects "personal shoppers" with members who want to buy high-end apparel and ot

    October 30, 2014 01:00 pm JST
  • Ex-Asean head warns of 'slow' economic integration

    BANGKOK -- Progress toward economic integration of the Association of Southeast Asian Nations will likely be slow due to a lack of strong leadership, according to Surin Pitsuwan, former secretary general of Asean and one of the architects of its pla

    October 30, 2014 01:00 pm JST
  • US defense expert gives support for Asia pivot

    TOKYO -- Michele Flournoy, former U.S. under secretary of defense for policy, on Thursday urged U.S. leaders to continue pursuing its rebalancing policy to Asia, calling it "the right path" for her country. Speaking at a symposium in Tokyo spons

    October 30, 2014 09:36 am JST
  • Fed to end bond-buying by end of Oct.

    WASHINGTON (Dow Jones) -- The Federal Reserve Wednesday said it would stop its long-running bond purchase program at the end of October, ending a historic experiment that has stirred intense debate about its effects in markets even though the centra

    October 30, 2014 07:06 am JST
  • Hitachi lifts profit guidance on brisk infrastructure demand

    TOKYO -- Hitachi upgraded its earnings guidance for fiscal 2014 on Wednesday in light of strong demand for its information systems and infrastructure-related equipment. The Japanese conglomerate added 20 billion yen ($183 million) to the group o

    October 30, 2014 05:11 am JST
  • Japanese, US investors play it safe amid signs of overheating

    TOKYO -- With all eyes and ears on a Federal Open Market Committee meeting in Washington, Japanese stocks rallied Wednesday, with the benchmark Nikkei Stock Average closing at 15,553 points, its first finish above 15,500 in three weeks, buoyed in pa

    October 30, 2014 02:39 am JST
  • Honesty, transparency essential to doing business in a connected world

    DALIAN, China -- Business success in the Internet age requires more than just quality products or services and effective advertising. Companies need to carefully craft brands, get noticed online, and constantly stay on top of how they are perceived,

    October 30, 2014 12:00 am JST
  • iPhone 6 Plus teardown shows continued use of Japanese parts

    TOKYO -- Pry open Apple's newest and biggest smartphone, the iPhone 6 Plus, and what you find are circuit boards jampacked with components no bigger than grains of salt. Those capacitors and other tiny components continue to be a strength of Japanes

    October 30, 2014 12:00 am JST
  • Daniel Twining: Upending the new global order

    The world has a new G-7. The Group of Seven once comprised the world's leading industrialized economies -- in North America, Europe and Japan. Now, the International Monetary Fund calculates the combined gross domestic product of the seven biggest e

    October 30, 2014 12:00 am JST