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  • Wall St edged down on Greece worries, tepid US data

    U.S. stocks closed down slightly on Thursday after the International Monetary Fund warned Greece ahead of its Sunday referendum that it faces a huge financial hole, and mixed jobs data dampened the U.S. economic outlook. While the IMF was warnin

    July 3, 2015 06:21 am JST
  • Market Scramble

    Pros, semi-pros await next dips

    TOKYO -- Seasoned retail investors and professional fund managers alike are targeting stocks that appear bargains following steep drops. Hopeful that Japan Inc. will outperform corporate America and European companies in earnings this fiscal yea

    July 3, 2015 04:16 am JST
  • Smart solution

    Hitachi's grain-size sensor brings Internet of Things closer to home

    TOKYO -- Hitachi has developed a minuscule sensor that can instantly detect changes in metal and other components of equipment, suggesting a possible coming of age for the Internet of Things, where data is gathered and used for everything from cars

    July 3, 2015 02:00 am JST
  • Ascott Residence Trust

    REIT enters U.S. with New York hotel acquisition

    SINGAPORE -- A number of Singaporean companies are ramping up investments in the United States, encouraged by signs of economic recovery there and on the back of China's slowdown. Ascott Residence Trust, a hospitality property management unit un

    July 3, 2015 01:21 am JST
  • Weak U.S. employment report dampens September rate hike hopes

    WASHINGTON (Reuters) -- U.S. job growth slowed in June and Americans left the labor force in droves, tempering expectations for a September interest rate hike from the Federal Reserve. Nonfarm payrolls increased 223,000 last month, with construc

    July 3, 2015 12:45 am JST
  • Sam Geall

    China's climate change stance marks a historic shift

    Is China's green transformation underway? The balance of evidence suggests a turnaround is afoot, propelled not by external pressure but by national self-interest. Beijing on July 2 revealed the long-awaited details of its proposed undertakings

    July 2, 2015 08:02 pm JST
  • Firing up servers

    How Quanta shifted gears when computer sales slowed

    TAIPEI/SILICON VALLEY -- For years, the big U.S. IT companies -- Hewlett-Packard, Dell and IBM among them -- have dominated the global computer server market. But even in this sector, Taiwan's contract manufacturers are increasingly challenging

    July 2, 2015 07:00 pm JST
  • US military to strengthen partnership with Japan, others

    WASHINGTON (Kyodo) -- The United States will strengthen its global network of allies, including Japan, as key to its military strategy as its advantages as the strongest nation are being challenged, the military said in a report Wednesday. Calli

    July 2, 2015 01:08 pm JST
  • Venturing abroad

    Western entrepreneurs go east

    BANGKOK -- Entrepreneurs from North America and Europe are coming to Asia to fill gaps in the market and connect East and West. Meet Paul McTaggart. While employed by U.S.-based travel website Expedia, the Canadian was struck by inspiration on a

    July 2, 2015 01:00 pm JST
  • High-resolution imagery

    Mapping the future with 3-D technology

    TOKYO -- An old Japanese folk tale tells the story of a dog who sniffs at a spot on the ground and urges his master to dig. The old man does so, unearthing a treasure hoard and living happily ever after. Now, high-resolution 3-D maps rendered wi

    July 2, 2015 12:30 pm JST
  • Startups and the economy

    Southeast Asia catches eye of venture capitalists

    BANGKOK -- It was a long time coming, but Southeast Asia is finally attracting investments from top-tier global venture capital firms. Until the turn of the century, the conventional wisdom among Silicon Valley venture capitalists was to avoid i

    July 2, 2015 10:00 am JST
  • Closer to normalization

    Lifting economic barriers next challenge for US, Cuba

    SAO PAULO -- Although many in Cuba are looking forward to growth in the tourism industry with the normalization of relations with the U.S., sanctions limiting trade and investment will not be easy to lift. In January, Washington relaxed restrict

    July 2, 2015 02:13 am JST
  • US, Cuba restoring diplomatic ties after 54 years

    HAVANA/WASHINGTON (Reuters) -- The United States and Cuba on Wednesday formally agreed to restore diplomatic ties that had been severed for 54 years, fulfilling a pledge made six months ago by the former Cold War enemies. U.S. President Barack O

    July 2, 2015 01:54 am JST
  • Hello, silver screen

    Sanrio plots 2019 release of Hello Kitty film

    TOKYO -- Sanrio is planning a movie starring its famed Hello Kitty character for global release in 2019 and has established a new American unit to take on the task. The project is seen costing 20 billion yen to 30 billion yen ($161 million to $2

    July 2, 2015 01:31 am JST
  • Futures trading

    Grain prices surge on speculative buying

    TOKYO -- International prices of grains have been spiking due mainly to buying by speculative investors reacting to lower-than-expected stockpiles amid economic uncertainties. July contracts for corn in the Chicago market changed hands at around

    July 2, 2015 12:12 am JST
  • Taking a shot

    NEW YORK -- With China's baijiu industry no longer booming, distilleries making the centuries-old spirit are looking overseas to boost their profits. Lumos, which opened in May in New York, is the first bar in the U.S. dedicated entirely to the

    July 2, 2015 12:00 am JST
  • Walter Lohman: Washington, Seoul must prepare for a unified Korea

    Seoul seems to be in an upcycle of expectations over unification with North Korea -- perhaps because of South Korean President Park Geun-hye's focus on the issue, or perhaps due to speculation over the stability of the Pyongyang regime. It clearly c

    July 2, 2015 12:00 am JST
  • Stem cell scientist to try growing human organs in pigs

    TOKYO -- A Japanese researcher will soon launch experiments at Stanford University designed to produce human organs in pigs. The tests, which are to get underway in August, will be conducted under the supervision of professor Hiromitsu Nakauchi.

    July 2, 2015 12:00 am JST
  • Mapping the future with 3-D technology

    TOKYO -- An old Japanese folk tale tells the story of a dog who sniffs at a spot on the ground and urges his master to dig. The old man does so, unearthing a treasure hoard and living happily ever after. Now, high-resolution 3-D maps rendered wi

    July 2, 2015 12:00 am JST
  • Google, Facebook vie for 2 billion potential users in Asia

    JAKARTA -- Google and Facebook have brought new services to Asia in the hope of attracting some of the 2 billion people there yet to use the Internet. Increasing the number of users is vital for the two leading U.S.-based online service operators, s

    July 2, 2015 12:00 am JST