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  • Obama hails Japan as 'steadfast' ally on 70th anniversary of war end

    WASHINGTON (Kyodo) -- The United States on Wednesday celebrated the 70th anniversary of the formal end of World War II in the Pacific theater with President Barack Obama calling the wartime adversary Japan a "steadfast" ally and the current alliance

    September 3, 2015 04:58 pm JST
  • Kampai

    Netflix minds the details in coming to Japan

    TOKYO -- Netflix on Tuesday started its video streaming service in Japan, its first location in Asia. The company, which began as a DVD rental service, now has 65 million subscribers in more than 50 countries. It knows how to attract eyeballs. And,

    September 3, 2015 12:00 pm JST
  • Regional views canvassed

    Japan tops Pew survey among Asians

    TOKYO -- Japan is judged the most favorable country in Asia among regional neighbors, but the people of the Asia-Pacific region held views of China that are "far more positive than the perception held by Americans." Those were the findings of a surv

    September 3, 2015 11:30 am JST
  • 5 Chinese naval ships spotted off Alaska: Pentagon

    BEIJING/WASHINGTON (Dow Jones) -- Five Chinese navy ships are currently operating in the Bering Sea off the coast of Alaska, Pentagon officials said Wednesday, marking the first time the U.S. military has seen them in the area. The officials have

    September 3, 2015 10:00 am JST
  • US stocks regain footing

    NEW YORK (Dow Jones) -- U.S. stocks regained their footing Wednesday, rebounding from the prior session's losses as worries over Chinese growth linger. The Dow Jones Industrial Average gained 293.03 points, or 1.8%, to 16351.38. The S&P 500 adde

    September 3, 2015 06:31 am JST
  • Broadening market reach

    Nidec revs motor product lineup with US, Italian acquisitions

    OSAKA -- Nidec has acquired motor control maker KB Electronics of the U.S. for an estimated 5 billion yen ($41.2 million). An American unit purchased all shares in the company, based in the state of Florida, from the founding members Monday.

    September 3, 2015 04:32 am JST
  • Beyond China's slowdown

    Structural factors amp up financial market volatility

    TOKYO -- The roller coaster ride for Japan's shares and currency continued unabated Wednesday, and overseas stock markets remained unstable as well. While many see the uncertain outlook for the Chinese economy as the root cause of the volatility, st

    September 3, 2015 12:57 am JST
  • The human-robot working relationship is about to get a lot closer

    TOKYO -- Manufacturers have always been a driving force for innovation in robotics. That remains true today as a new breed of robot takes center stage. Typical of the older generation of robots were the dangerous power arms that needed to be ins

    September 3, 2015 12:00 am JST
  • Cutting-edge tech that's also good for a chat

    TOKYO/CHICAGO -- Japanese are said to have an affinity for humanoid robots, thanks to popular cartoon characters such as Astro Boy and Doraemon. Now companies big and small are getting serious about commercializing personal robots for home and healt

    September 3, 2015 12:00 am JST
  • Rumors of China Treasurys sell-off could complicate Fed decision

    NEW YORK -- Speculation that China is selling off U.S. government bond holdings to support its currency has created upward pressure on U.S. interest rates that the Federal Reserve did not intend, complicating its decision on whether to begin raisi

    September 3, 2015 12:00 am JST
  • To raise or not to raise? No direction out of Jackson Hole

    JACKSON HOLE, Wyoming -- In a speech that attracted the attention of market participants around the globe, Federal Reserve Vice Chairman Stanley Fischer left the door open for a rate rise as soon as September, even as market turbulence cast a cloud

    September 3, 2015 12:00 am JST
  • Nicholas Spiro: China the real worry for emerging market investors

    Investor sentiment toward emerging markets remains bleak. Emerging market stocks have lost 10% in dollar terms in August, resulting in a 20% decline over the past three months. In the period between Aug. 19 and 26, emerging market bond funds suf

    September 3, 2015 12:00 am JST
  • Robert A. Manning: As China stumbles, US can help shape Asia-Pacific order

    As China's economy stumbles over a stock market slide and a nervous Chinese leadership responds with a yuan devaluation and interest rate and bank reserve cuts, Beijing's agenda -- as reflected in its new Asian Infrastructure Investment Bank, the BR

    September 3, 2015 12:00 am JST
  • A smarter way to fight online threats

    SILICON VALLEY -- Information technology companies are turning to artificial intelligence to stay a step ahead of cyberattacks. U.S. IT ventures such as Masergy Communications and Cylance are employing a technique known as deep learning. Th

    September 3, 2015 12:00 am JST
  • Arthur Herman

    Apologizing is not a job for Japan alone

    "Let us pray that peace be now restored to the world and that God will preserve it always. These proceedings are closed." That was how Gen. Douglas MacArthur concluded the solemn ceremony held 70 years ago on the deck of the USS Missouri, ending

    September 2, 2015 01:00 pm JST
  • Long-term survival

    Buffett shows how to weather stock market turmoil

    TOKYO -- China's stock market crash last week was felt around the world in one of the biggest global share price drops since the 2008 financial crisis. And stock markets face inevitable volatility risks ahead. Yet, one prominent investor shows u

    September 2, 2015 01:00 pm JST
  • Oil market outlook

    Japex president optimistic on crude prices

    TOKYO -- Crude oil prices sank further from already low levels over the summer. Osamu Watanabe, president of Japan Petroleum Exploration known as Japex, believes though that the market will turn around toward the end of the year through to at least

    September 2, 2015 01:00 pm JST
  • US stocks tumble on weak Chinese data

    NEW YORK (Dow Jones) -- U.S. stocks tumbled Tuesday after weak manufacturing data in China fueled investors' worries about the world's second-largest economy. The Dow Jones Industrial Average slumped about 469 points, or 2.8%, while The S&P 500

    September 2, 2015 06:43 am JST
  • Volatility continues

    Tokyo stocks plummet again over China worries

    TOKYO -- Japanese stocks plunged again Tuesday amid worries over the Chinese economy, sliding far more sharply than other Asian shares. The Nikkei Stock Average declined 724.79 points -- the third-largest drop this year -- or 3.84% to close at 1

    September 2, 2015 05:15 am JST
  • Internet of Things

    Mitsui invests $5m in US shale oil analytics company

    NEW YORK -- Mitsui & Co. has poured $5 million into Texas-based WellAware, a data analytics company that caters to businesses involved in the U.S. shale oil industry. The tumble in crude prices has left the shale oil industry in a tough spot, an

    September 2, 2015 02:27 am JST