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  • Alibaba, Weibo eyeing US share listings

    NEW YORK -- China's Alibaba Group Holdings Ltd., which runs an uber-popular e-commerce portal, is seeking to list on the New York Stock Exchange, according to U.S. news reports. The company is expected to file the paperwork next month at the ea

    March 15, 2014 07:36 pm JST
  • South Korea hit by spike in patent suits

    SEOUL -- South Korean businesses were sued by foreign companies for patent infringement 334 times in 2013, twice the tally just three years earlier, as intellectual property litigation increased across the board and firms from the East Asian country

    March 15, 2014 07:09 am JST
  • Unanswered questions cast doubt whether STAP cells are real

    TOKYO -- The Riken research institute was unable, in its interim report released Friday, to fully address questions over research papers that describe a novel way to create stem cells -- causing some to wonder whether the authors actually achieved w

    March 15, 2014 05:21 am JST
  • US insurer Hartford to sell Japan unit to Orix

    TOKYO -- American insurance giant Hartford has decided to sell its Japanese operations to leasing firm Orix for some 90 billion yen ($875 million), becoming the latest foreign insurer to exit from the market. Hartford officials visiting Japan an

    March 15, 2014 02:00 am JST
  • Millions join crowdsourcing search for missing plane

    SILICON VALLEY -- At least 2 million people have joined a crowdsourcing effort to scour satellite images for clues in the search for the missing Malaysia Airlines plane. The effort is taking place on a website operated by DigitalGlobe, a U.S. co

    March 14, 2014 04:27 am JST
  • Asian, US firms plugging into Myanmar's surging power market

    YANGON -- As Myanmar strives to power up a country where electricity use is still sparse, many foreign companies from Asia and the U.S. are scrambling to build power infrastructure there. President Thein Sein has set a goal of increasing the nat

    March 14, 2014 03:26 am JST
  • US farm lobby turns up the pressure in TPP talks with Japan

    WASHINGTON -- American farm groups are increasingly pushing for the U.S. to take a hard line against Japan in the Trans-Pacific Partnership free trade talks as negotiators struggle to break an impasse over farm and industrial exports. A working-

    March 14, 2014 02:21 am JST
  • Japan's cloud security rules set to become global standard

    TOKYO -- Guidelines designed by Japan to assure that corporations can use cloud computing services securely are expected to be adopted as the international standard. Cloud computing allows companies to reduce costs by eliminating the need to set

    March 14, 2014 02:00 am JST
  • Honeywell bolsters Asia sales of in-flight Wi-Fi system

    SINGAPORE -- Honeywell Aerospace is strengthening sales of high-speed in-flight Wi-Fi systems to Asian airlines in response to growing demand accompanying the spread of smartphones. The subsidiary of U.S. control equipment manufacturer Honeywell

    March 14, 2014 01:35 am JST
  • Smartphone growth prompted Facebook's huge buy

    SILICON VALLEY -- Facebook is shelling out big bucks to acquire the fast-growing provider of a free mobile messaging application out of a fear that the rise of smartphones could cost it a lead built up in the personal computer era. The world's b

    March 13, 2014 01:02 am JST
  • SoftBank drums up support for takeover of U.S. mobile carrier

    TOKYO -- SoftBank is making the case that the U.S. wireless communications industry could use a shake-up, as the Japanese company plans a takeover of fourth-ranked U.S. carrier T-Mobile amid likely resistance from regulators. On Tuesday, SoftBan

    March 13, 2014 12:53 am JST
  • 1997 all over again? Not quite

    The decision by the U.S. Federal Reserve to taper its quantitative easing program late last year sent shivers through financial markets in emerging economies, with the so-called fragile five economies of Brazil, Turkey, South Africa, India and Indon

    March 13, 2014 12:00 am JST
  • Foreign investors get better reception in Japan reform push

    TOKYO -- Many foreign investors are feeling greater warmth from Japanese authorities and businesses as the government continues to work to revitalize the economy, in keeping with Prime Minister Shinzo Abe's policy.Abenomics opening doors "Buy my Abe

    March 13, 2014 12:00 am JST
  • After Bangladesh tragedies, can the garment industry change its stripes?

    DHAKA -- Deaths and discord have brought international condemnation upon Bangladesh's $20 billion-a-year apparel industry -- the world's second largest. Now efforts are underway to solve some of the industry's problems, though there are lingering do

    March 13, 2014 12:00 am JST
  • Consumer goods makers rush for Mekong gold

    YANGON/HANOI -- General Motors and Japanese beverage maker Asahi Group are just two of the multinationals breaking ground in some of Asia's last untapped consumer markets. Myanmar, Cambodia and Laos have been attracting foreign capital for infra

    March 13, 2014 12:00 am JST
  • Is J.Crew worth the $5B price tag for Fast Retailing?

    TOKYO -- Fast Retailing, owner of Japan's popular Uniqlo casual clothing brand, is accelerating its global expansion, hiring more overseas employees and considering foreign takeover targets. The company appears to have taken a fancy to J.Crew

    March 13, 2014 12:00 am JST
  • Tense US-Russia relations complicate Abe's diplomacy

    TOKYO -- Increased tensions over Ukraine are no longer someone else's problem for the government of Japanese Prime Minister Shinzo Abe. Japan has found itself in the middle of the fierce tug-of-war between the U.S. and Russia. According to a Jap

    March 13, 2014 12:00 am JST
  • Chiquita, Fyffes team up to expand banana market share in emerging markets

    NEW YORK/TOKYO -- As the ongoing economic slowdown takes its toll on banana sales in Europe in recent years, Chiquita Brands International of the U.S. and Ireland-based Fyffes have struck a merger deal in a bid to streamline logistics and other cost

    March 12, 2014 07:00 pm JST
  • Japan begins coordination for US-South Korea summit

    TOKYO -- The Japanese government has begun coordination for holding a summit among Japan, the U.S. and South Korea on the sidelines of the Nuclear Security Summit at The Hague on March 24-25. The effort was prompted by Washington, which is calli

    March 12, 2014 05:46 pm JST
  • Riken, researchers to discuss dropping stem cell papers

    TOKYO -- Riken will consider the possbility of retracting research papers on a groundbreaking method to create stem cells in response to questions raised about the reports, the government-backed research institute said Tuesday. "There are parts

    March 12, 2014 04:46 am JST