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  • Japanese investors turn to value stocks

    TOKYO -- Japan's stock market seems to be back on the recovery path, although some growth stocks, especially the biotechnology companies that drove the stock market surge last year, remain in correction mode. On the contrary, value stocks, share

    April 24, 2014 07:00 pm JST
  • Move over supercars: SUVs shine at Beijing auto show

    BEIJING -- Chinese drivers are increasingly keen on SUVs, and leading carmakers are giving them plenty to choose from at this year's Beijing auto show. Auto China 2014, the 13th Beijing International Automotive Exhibition, opened to the public o

    April 24, 2014 07:00 pm JST
  • Abe, Obama pledge to try to break TPP deadlock

    TOKYO -- Japanese Prime Minister Shinzo Abe and U.S. President Barack Obama said Thursday they will keep working to break the impasse between their countries on the Trans-Pacific Partnership free trade pact. At a joint press conference after the

    April 24, 2014 05:00 pm JST
  • John C. Lechleiter: Seize the moment, advance the TPP

    The U.S.-Japan Business Council has several major priorities on its agenda this year -- developing a Strategic Energy Dialogue, expanding travel and tourism between our countries, and helping make real Prime Minister Shinzo Abe's so-called "third ar

    April 24, 2014 05:00 pm JST
  • Nisshin Seifun to buy four flour mills in the U.S.

    TOKYO -- Nisshin Seifun Group plans to buy four U.S. flour-milling plants from Cargill Group, the largest grain company in the country, and its subsidiary Horizon Milling, and ConAgra Foods, for 22.1 billion yen ($213 million). The Japanese mill

    April 24, 2014 02:00 pm JST
  • U.S. vows to defend Japan over Senkakus: Obama

    TOKYO (Kyodo) -- U.S. President Barack Obama said Thursday the Senkaku Islands fall under the Japan-U.S. security treaty in a show of U.S. commitment to defending the Japanese-administered islands against any attempt by China to seize them by force.

    April 24, 2014 02:00 pm JST
  • A $700 billion Chinese mystery

    TOKYO -- Where did China put its holdings of U.S. Treasury bonds? One might ask this question after listening to Liu Mingkang, who served as the first chairman of the China Banking Regulatory Commission, give a speech on April 16 in Washington.

    April 24, 2014 01:00 pm JST
  • NTT buys US IT service provider Nexus

    TOKYO -- Nippon Telegraph and Telephone has acquired information technology service provider Nexus for an estimated $200 million though an overseas unit, part of its push to expand in the western U.S. South African subsidiary Dimension Data has

    April 24, 2014 06:48 am JST
  • Trade talks go into overtime after leaders crack whip

    TOKYO -- With the clock ticking down to a summit, trade negotiations between Japan and the U.S. came unstuck Wednesday night after Prime Minister Shinzo Abe and President Barack Obama sent their point men back to the table for another try. Akira

    April 24, 2014 06:00 am JST
  • Obama, Abe bond over fine sushi

    TOKYO -- U.S. President Barack Obama spent his first night in Japan dining on sushi with Prime Minister Shinzo Abe at the renowned Sukiyabashi Jiro restaurant in Tokyo's posh Ginza district. As they met in front of the restaurant on Wednesday ni

    April 24, 2014 04:59 am JST
  • Obama to tell Abe that US will defend Senkakus

    TOKYO -- Aiming to curb China's maritime ambitions, U.S. President Barack Obama is expected to assure Japanese Prime Minister Shinzo Abe that the security arrangement between the two countries covers the disputed Senkaku Islands in the East China Se

    April 24, 2014 04:13 am JST
  • Risk management overhaul tops Citigroup's 'to do' list

    NEW YORK -- Citigroup is looking to improve risk management practices across its wide-ranging businesses to quickly win back confidence from the market and shareholders. The financial giant's share price has languished since it failed the U.S. F

    April 24, 2014 04:13 am JST
  • Japan, US move closer to tariff deal

    TOKYO -- Working into the night, negotiators from Japan and the U.S. have entered what may be the final stretch toward an understanding on tariffs, a crucial step to completing the Trans-Pacific Partnership trade pact. At the behest of Prime Min

    April 24, 2014 03:49 am JST
  • US jittery over South Korea's tilt toward China

    TOKYO -- A recent flurry of diplomatic maneuvering by Washington underscores just how desperate the administration of President Barack Obama is to mend the frayed ties between Japan and South Korea. On March 25, Obama brought Japanese Prime Mini

    April 24, 2014 12:00 am JST
  • China again takes Go title

    TOKYO -- Chinese university student Wang Chen won the 12th World Students Go Oza Championship in Tokyo on Feb. 25-26. This was the first time in two years for a Chinese player to win the title, and the seventh time overall. In the annual amateur

    April 24, 2014 12:00 am JST
  • Japan slow to attract foreign executive talent

    When a non-Japanese manager is appointed to a top position at a large Japanese company, it is news and prompts speculation in the business press about whether Japan Inc. is finally opening up to outsiders. The most recent event was the naming of

    April 24, 2014 12:00 am JST
  • Korea, Japan, US must hash out China ties

    SEOUL -- On the eve of U.S. President Barack Obama's visit to Japan and South Korea, an influential foreign policy expert in Seoul has called for closer trilateral consultation to narrow differences in their perceptions of China's rise. Park Jin

    April 24, 2014 12:00 am JST
  • Mongolia's green power pioneers keep Asian Super Grid dream alive

    ULAN BATOR -- There is another name for Mongolia: Land of the Eternal Blue Sky. Take the country's many hours of sunshine and add its wild, windswept steppes, and you would think it is a renewable energy paradise. In reality, 95% of Mongolia's p

    April 24, 2014 12:00 am JST
  • Investors scooping up Japan robot ventures

    TOKYO -- Robotics is one of the hottest trends in the world of startups. Tech giants like Google and Amazon.com are snatching up young companies in the field, and venture capitalists are leaving no stone unturned in their search for the next big bre

    April 24, 2014 12:00 am JST
  • Obama arrives in Tokyo, to talk with Abe over sushi

    TOKYO (Kyodo) -- U.S. President Barack Obama arrived in Tokyo on Wednesday evening, the first leg of a four-nation trip to East and Southeast Asia during which he will promote the U.S. commitment to the region. Obama will head for a sushi restau

    April 23, 2014 07:05 pm JST