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  • North Korean missile threat sparks fear, preparations in Japan

    TOKYO -- A deafening wail blared out in Oga, Akita Prefecture, in the northern part of Honshu, Japan's main island, at 9:33 a.m. on March 17. It was a siren meant to warn of an impending attack on the country.But it was only a test. The high-pitched

    March 29, 2017 07:27 pm JST
  • Amazon clinches deal to buy Middle East online retailer Souq.com

    DUBAI (Reuters) -- Souq.com will expand its workforce and operations after Amazon clinched a deal to buy 100 percent of the Middle East online retailer, executives from both firms said.Amazon and Souq.com said earlier on Tuesday they had agreed on t

    March 29, 2017 09:30 am JST
  • American Airlines takes $200mn stake in China Southern

    HONG KONG/SHANGHAI (Reuters) -- China Southern Airlines said on Tuesday it will sell a small stake to American Airlines Group Inc in a $200 million deal that will give the carriers better access to the world's two largest travel markets.China Southe

    March 29, 2017 09:20 am JST
  • China telecom firm ZTE removed from US trade blacklist

    WASHINGTON (Reuters) -- The U.S. Department of Commerce will remove Chinese telecommunications equipment maker ZTE Corp from a trade blacklist on Wednesday after the company pleaded guilty to violating sanctions on Iran and agreed to pay nearly $900

    March 29, 2017 08:45 am JST
  • Possible Westinghouse bankruptcy a potential security concern, US official says: Reuters

    WASHINGTON (Reuters) -- The possible bankruptcy of U.S. nuclear developer Westinghouse Electric Co is a "concern" for President Donald Trump's administration and a potential national security issue, an administration official told Reuters on Tuesday

    March 29, 2017 08:40 am JST
  • Atomic bomb survivor blasts Japan for skipping UN talks

    UNITED NATIONS -- Hiroshima atomic bomb survivor Setsuko Thurlow condemned the Japanese government for its "inability to fully commit" to a U.N. conference to negotiate a treaty prohibiting nuclear weapons and called on the government to align itsel

    March 29, 2017 07:30 am JST
  • Wall St posts sharp gains, fueled by strong consumer data

    NEW YORK (Reuters) -- U.S. stocks ended sharply higher on Tuesday, with financial and energy shares surging as data showed U.S. consumer confidence soaring to a more than 16-year high.The S&P 500's best day in nearly two weeks came after a record-se

    March 29, 2017 07:11 am JST
  • Toshiba memory spinoff raises tech security fears

    TOKYO -- Toshiba's plan to divest its memory chip business has Japanese corporate leaders worried that critical information technology could leak to foreign companies -- particularly those in China.Yoshimitsu Kobayashi, chairman of the Japan Associa

    March 29, 2017 04:30 am JST
  • Toshiba moving Westinghouse out of way to march forward

    TOKYO -- Toshiba's American nuclear unit Westinghouse Electric plans to file for bankruptcy protection Tuesday in the U.S., a step the struggling Japanese conglomerate hopes will curb damage to its reputation and open a path to recovery.Toshiba is t

    March 29, 2017 03:10 am JST
  • Tech stocks grab spotlight in US, Japan as 'Trump shares' slide

    TOKYO -- Investors in the Japanese and U.S. stock markets are increasingly skeptical that Donald Trump's policies will come to pass. They are shifting their focus to technology and semiconductor shares with robust earnings outlooks.The Nikkei Stock

    March 29, 2017 02:44 am JST
  • Brazil meat scandal opens way for Aussie beef in China

    SYDNEY -- Brazil's tainted beef scandal looks to be almost over with China lifting its import ban, but a new meat agreement between China and Australia offers Australian beef exporters a chance to reclaim market share lost to the South American coun

    March 28, 2017 04:20 pm JST
  • Wall St off as Trump agenda weighed; Dow down for 8th day

    NEW YORK (Reuters) -- The S&P 500 cut earlier losses on Monday to end slightly lower, while the Dow declined for an eighth straight session, as investors assessed how the defeat of President Donald Trump's first major legislative action would impact

    March 28, 2017 06:36 am JST
  • UN weapons ban talks start amid boycott by nuclear powers

    UNITED NATIONS -- The first round of a United Nations conference to negotiate a legally binding treaty banning nuclear weapons kicked off Monday, sparking protests from nuclear-armed states and their allies.Leading an opposition group, U.S. Ambassad

    March 28, 2017 06:30 am JST
  • Market Scramble: ROE points the way at Trump crossroads

    TOKYO -- Questions surrounding U.S. President Donald Trump's ability to follow through on promised stimulus spending has shaken Japanese market players into once again focusing on return on equity.Following the defeat Friday of the Trump-led health

    March 28, 2017 06:00 am JST
  • China Southern Airlines seeking pact with American

    HONG KONG -- China's leading air carrier, China Southern Airlines, announced Monday that it is negotiating a strategic partnership with American Airlines.The details still need ironing out, but if the deal goes through, one proposal has the U.S. car

    March 28, 2017 03:00 am JST
  • Japan's Misaki Capital teaches Harvard about taking the long view

    TOKYO -- On the last day of February, Charles Wang's students at Harvard Business School in Boston were given a rare opportunity: A chance to talk strategy with the CEO of Misaki Capital, the Tokyo activist investment fund that provided the day's ca

    March 28, 2017 02:00 am JST
  • Former US official: China will fill Asia Pacific trade void

    TOKYO -- U.S. withdrawal from the Trans-Pacific Partnership will encourage China to fill the void in the Asia Pacific trade system, former U.S. Trade Representative Michael Froman warns. Now a distinguished fellow at the Council on Foreign Relations

    March 27, 2017 03:20 pm JST
  • Exclusive

    Westinghouse poised for Chapter 11 filing

    TOKYO -- Westinghouse Electric could file for Chapter 11 bankruptcy in the U.S. as early as Tuesday, helping parent Toshiba stem the bleeding from the troubled unit.Westinghouse plans to meet with American utilities and other stakeholders Monday to

    March 27, 2017 03:10 pm JST
  • Inside SoftBank

    SoftBank stays focused on providing the platform

    TOKYO -- The headquarters of British semiconductor design company ARM Holdings is a 10-minute drive from the center of Cambridge in the U.K. The building, said to have been modeled after a boat, does not stand out. It may look like an ordinary local

    March 27, 2017 10:00 am JST
  • World reaching turning point on carbon emissions as coal fades

    PARIS -- Humanity seems to be reaching a turning point in its emissions of greenhouse gases. Last year marked the third in a row that global emissions of carbon dioxide trended sideways, ending what had been a long, unbroken climb interrupted only b

    March 26, 2017 03:00 pm JST