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  • Sino-American security dialogue highlights deep divide

    WASHINGTON -- With Beijing refusing to take additional steps to pressure North Korea, high-level talks between the U.S. and China have brought into sharp relief the deep rifts between the two sides over the handling of the rogue state. "Talk is not

    June 23, 2017 06:08 am JST
  • Japan trio to develop small-jet engines with Pratt & Whitney

    LE BOURGET, France -- U.S. aerospace company Pratt & Whitney and a team of Japanese manufacturers including Mitsubishi Heavy Industries have agreed to develop next-generation engines for small commercial aircraft, aiming to install them in the incre

    June 23, 2017 04:46 am JST
  • Japan Market Pulse

    Auto stocks stall as US skids toward used-car crisis

    TOKYO -- Shares of Japan's top carmakers appear stuck in the mud amid growing concerns over the U.S. auto market's rising debt and high rate of subprime lending, problems that threaten to put a big dent in Tokyo stocks.The Nikkei Stock Average remai

    June 23, 2017 02:53 am JST
  • North Korean diplomat offers compromise to halt nuclear tests

    NEW DELHI -- North Korea's ambassador to India says his country may halt its nuclear and missile tests "temporarily" if the U.S. and South Korea cease their joint military exercises near the Korean Peninsula.Under certain circumstances, "we are will

    June 23, 2017 02:35 am JST
  • Tesla moves a step closer to building electric cars in China

    BEIJING/DETROIT (Reuters) -- Tesla Inc took a step closer toward establishing an electric vehicle manufacturing plant in China with its announcement on Thursday that it is in exploratory talks with the Shanghai municipal government.Tesla has said it

    June 23, 2017 01:31 am JST
  • Foxconn's Gou vows to invest more than $10bn in US, create jobs

    TAIPEI -- Chairman Terry Gou of key iPhone assembler Hon Hai Precision Industry, also known as Foxconn Technology Group, said on Thursday that his business empire would invest more than $10 billion and create employment in the U.S., focusing on Repu

    June 23, 2017 12:38 am JST
  • US 'tight oil' tempts Asian producers

    SINGAPORE -- Asian energy companies look set to catch up to their peers with investments in U.S. unconventional oil production, the area which has dominated global energy merger and acquisition activity over the last 12 months.Asian oil producers ha

    June 22, 2017 09:08 pm JST
  • Jeff Bezos 'super optimistic' about paid-for journalism

    TURIN, Italy -- There was a time when printing a newspaper was a lucrative business. Large media organizations would invest in huge printing facilities and open overseas bureaus, making it difficult for newcomers without capital to compete. Those da

    June 22, 2017 06:13 pm JST
  • Manning and Przystup

    Moon-Trump summit: How to avoid a train wreck

    U.S. President Donald Trump and Moon Jae-in, South Korea's new progressive president, will meet later this month. Summits tend to be neatly scripted and choreographed, and by definition, successful. But this one may be different. The combination of

    June 22, 2017 06:00 pm JST
  • US, China agree to restrain business with North Korea

    WASHINGTON -- The U.S. on Wednesday said that it and China has agreed to restrain companies from their two nations from doing businesses with North Korean entities now under United Nations sanction.The announcement came after the first meeting under

    June 22, 2017 02:27 pm JST
  • USTR urges Japan to make 'unilateral concessions' on beef import

    WASHINGTON (Kyodo) -- U.S. Trade Representative Robert Lighthizer urged Japan on Wednesday to make "unilateral concessions" on beef imports as part of an effort to reduce its trade surplus with the United States."I think in the areas like beef and t

    June 22, 2017 12:26 pm JST
  • Takata is close to filing for bankruptcy protection in Japan

    TOKYO Embattled air bag maker Takata could file for bankruptcy protection under the Civil Rehabilitation Act as early as June, likely marking the biggest corporate failure in Japanese manufacturing in the postwar era.Takata's liabilities are seen as

    June 22, 2017 10:00 am JST
  • Anbang's Wu Xiaohui pays the price for defying Beijing

    Just a few months ago, Wu Xiaohui, chairman of China's troubled Anbang Insurance Group, was in New York trying to secure a better credit rating for the voraciously acquisitive company he founded in 2004. Now he has disappeared, unseen since May, and

    June 22, 2017 10:00 am JST
  • Multinationals in Asia: Expedia books a trip to the soaring Asian market

    SINGAPORE Dressed casually in a pair of jeans and black jacket, Dara Khosrowshahi spoke with a friendly smile, but with determination in his eyes. "The U.S. used to be the driver of our global strategy and other areas would follow," he said. "But As

    June 22, 2017 10:00 am JST
  • Editorial: It is time for Japan and the US to join the AIIB

    The China-led Asian Infrastructure Investment Bank held its second annual general meeting in the South Korean resort island of Jeju, on June 16-18. The multilateral lender now counts 80 states and territories as its members, outstripping the members

    June 22, 2017 10:00 am JST
  • Chartered airplane service to start selling memberships in Japan

    TOKYO -- A company in the western Japanese prefecture of Hiroshima is set to launch an air service in which registered members can charter a small plane anywhere in the country.Setouchi Holdings, based in the Hiroshima city of Onomichi, plans to ini

    June 22, 2017 09:15 am JST
  • Matthew Busch

    Vietnam turns on diplomatic charm in Washington

    Vietnamese Prime Minister Nguyen Xuan Phuc's recent visit to the U.S. surprised many observers, as the leader of a small, lower middle income, communist country became the first Southeast Asian leader to visit President Donald Trump's Washington. Be

    June 22, 2017 09:00 am JST
  • In high-level talks, U.S. asks China to do more to rein in North Korea

    WASHINGTON(Reuters) -- The United States pressed China to exert more economic and diplomatic pressure on North Korea to help rein in its nuclear and missile programs during a round of high-level talks in Washington on Wednesday.The meeting of top U.

    June 22, 2017 08:08 am JST
  • China needs to exert 'much greater pressure' on North Korea, says US

    WASHINGTON (AP) -- The United States said Wednesday that China has a responsibility to exert much greater pressure on North Korea to prevent escalating tensions with a government that ignores the law and "provokes and provokes and provokes."U.S. dip

    June 22, 2017 06:44 am JST
  • S&P, Dow hurt by energy, banks; biotech boosts Nasdaq

    NEW YORK (Reuters) -- The S&P 500 and Dow stock indexes were weighed down by falling energy shares as oil prices fell on Wednesday and added to investor concerns about low inflation, while healthcare and technology stocks helped lift the Nasdaq Comp

    June 22, 2017 06:19 am JST