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  • The dollar reigns supreme -- by default

    The dollar has been the pre-eminent global reserve currency for most of the past century. But its dominance appears under threat. The global financial crisis, which had its epicenter in the U.S., has heightened speculation about the currency's loomi

    June 5, 2014 12:00 am JST
  • Canada's largest occupational pension fund strengthens Asian ties

    In an interview with The Nikkei in Hong Kong, Ron Mock, president and CEO of Ontario Teachers' Pension Plan, talked about plans to strengthen relationships with sovereign wealth funds in Asia and expanding investment in the region. Managing $140.8 b

    June 5, 2014 12:00 am JST
  • Foreign factories in China face tougher labor disputes

    DALIAN, China -- Foreign factories in China have recently been forced to fully meet demands from workers staging large-scale strikes. The striking workers' demands are becoming increasingly diversified, with some clamoring for the replacement of

    June 4, 2014 07:00 pm JST
  • Apple's next big move: iPhone-controlled smart homes

    SILICON VALLEY -- Apple has thrown its hat into the ring in smart homes, detailing plans to launch a service for remote control of appliances this autumn by tying up with electronics manufacturers. The move by the company behind the iPhone is ex

    June 4, 2014 05:45 am JST
  • More Japanese traveling to Hawaii, Europe this summer

    TOKYO -- More Japanese are planning trips to Europe and U.S. tourist sites such as Hawaii this summer, skipping closer destinations like China, Korea and Thailand, according to booking data from travel agencies. For overseas package tours depart

    June 4, 2014 05:33 am JST
  • Corning to make Gorilla Glass in Samsung country

    NEW YORK -- Corning will bring production of protective glass for smartphones and tablet computers closer to South Korean customers in an effort to reduce shipping costs and delivery times. Cutting the risk of damage during transit matters in th

    June 4, 2014 05:01 am JST
  • Lead author agrees to retract controversial stem cell papers

    OSAKA -- The lead author of a pair of papers on stem cells published in the journal Nature has agreed to retract both of them in light of findings that she fabricated and altered images in the studies, The Nikkei learned Tuesday. Riken research

    June 4, 2014 04:21 am JST
  • Line pondering simultaneous IPOs in Japan, US

    TOKYO -- Line, provider of the namesake free social messaging application for smartphones, is considering conducting an initial public offering in the U.S. at the same time that it lists its shares in Tokyo. By launching simultaneous IPOs, the c

    June 4, 2014 02:56 am JST
  • Tokyo stocks hit 15,000 level

    TOKYO -- Tokyo stocks rose Tuesday, with the Nikkei Stock Average recovering to the 15,000 level for the first time in about two months since April 4. Nikkei Quick News asked three market players if they expected the average to remain at a high leve

    June 3, 2014 06:00 pm JST
  • Dai-ichi Life breaking the mold by pressing ahead abroad

    TOKYO -- In moving to acquire midsize American player Protective Life, Dai-ichi Life Insurance is departing from the norm for an industry far slower to take its business overseas than others in the Japanese financial sector. The life insurance

    June 3, 2014 06:25 am JST
  • Low interest rates in US seen as temporary: survey

    TOKYO -- While some are perplexed by the "mystery" of falling U.S. long-term rates amid the Federal Reserve's tapering efforts, a majority of bond market observers in Japan see the low rates as fleeting, according to a survey. Of all 219 partici

    June 3, 2014 05:53 am JST
  • G-7 seen prodding China on territorial disputes

    TOKYO -- Group of Seven leaders will highlight the importance of the rule of law in ensuring the freedom of maritime and air navigation in a statement to be issued this week, taking a thinly veiled swipe at China. Meeting in Brussels on Wednesda

    June 3, 2014 05:07 am JST
  • US emissions target would turn up heat on coal-burning plants

    WASHINGTON -- Carbon dioxide emissions from U.S. power plants would drop 30% by 2030 compared with 2005 levels under a new Environmental Protection Agency proposal that critics say would all but kill coal as a source of electricity. Released Mon

    June 3, 2014 04:35 am JST
  • Crowdfunding starting to catch on in Japan

    TOKYO -- The practice of collecting small amounts of funds from backers on the Internet to finance a project, known as crowdfunding, has finally begun to be adopted in Japan after becoming commonplace in the U.S. and Europe. Crowdfunding platfor

    June 3, 2014 02:42 am JST
  • Sam Roggeveen: Security forum highlights Asia's new confrontational era

    The diplomats, military officers, journalists and academics who gathered in Singapore for Asia's premier annual forum on security issues and defense diplomacy on May 30 witnessed an extraordinary display of regional jousting. In years to come, p

    June 2, 2014 07:00 pm JST
  • US fears 'Pearl Harbor' in space

    WASHINGTON -- Former U.S. Defense Secretary Leon Panetta has repeatedly warned of a possible second "Pearl Harbor" recently, citing the country's huge vulnerability to cyberattacks by China. In fact, China is now expanding its U.S. targets for c

    June 2, 2014 07:00 pm JST
  • China's growth may fall below 7% in 2014, says JBIC's governor

    TOKYO -- China's economic growth could fall below 7% in 2014, as the country's export competitiveness starts to show signs of decline, says Hiroshi Watanabe, governor of the Japan Bank for International Cooperation. Given the delays in addressin

    June 2, 2014 01:00 pm JST
  • American insurers hit a wall in Japanese market

    TOKYO -- U.S. insurers that had long prospered in Japan suffered a reversal of fortune last fiscal year as the market for supplemental health insurance grew more competitive, putting pressure on the companies to cobble together new models for growth

    June 2, 2014 02:54 am JST
  • Dai-ichi Life on verge of buying US insurer

    TOKYO -- Dai-ichi Life Insurance is preparing to acquire midtier American life insurer Protective Life for a sum likely to exceed 500 billion yen ($4.87 billion). This will mark the largest-ever acquisition of a foreign company by a Japanese lif

    June 2, 2014 02:06 am JST
  • Asia and America need a confident Japan

    In the first half of the last century, it was growing Japanese power and ambition that brought turmoil to the Western Pacific. The irony in this century is that the American-led alliance system in Asia, needed to peacefully manage a rising China, is

    June 1, 2014 01:00 pm JST