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  • Sharp to supply high-performance copiers to HP

    OSAKA -- Sharp has secured an OEM deal to make advanced copiers under the Hewlett-Packard brand starting in January, sources close to the deal told The Nikkei Tuesday. The deal is expected to help the Japanese firm increase the utilization rate of i

    December 11, 2013 02:00 am JST
  • Eight US tech giants send open letter to Obama, Congress over surveillance fears

    PALO ALTO, Calif. -- Eight U.S. IT giants sent an open letter Monday to U.S. President Barack Obama and the U.S. Congress, urging them to take measures against intelligence gathering activity by the U.S. National Security Agency. The eight compa

    December 10, 2013 11:34 am JST
  • Japanese shipper to offer first methanol-powered vessels

    TOKYO -- Mitsui O.S.K. Lines will be the first in the world to sail methanol-burning ships that could produce 10% less carbon dioxide than conventional vessels, which run solely on heavy oil. As soon as 2016, the firm may begin operating as many

    December 10, 2013 06:12 am JST
  • TPP countries to miss year-end deadline, continue talks

    Singapore (Kyodo)--Countries involved in the Trans-Pacific Partnership free trade talks will miss the pledged deadline of reaching a full agreement by year-end, failing to find political solutions on contentious issues, a source familiar with the ne

    December 10, 2013 05:24 am JST
  • Experts predict where market will go once Fed begins tapering

    TOKYO -- The number of people employed in U.S. nonfarm sectors in November increased by 203,000 from October, surpassing the average forecast of about 190,000 made by market analysts. This sign of steady recovery in the U.S. labor market has players

    December 9, 2013 07:00 pm JST
  • TPP agreement likely, but deep divisions remain

    SINGAPORE -- Twelve countries will likely clinch a deal covering more than two-thirds of the 21 fields under discussion at the latest round of talks for the Trans-Pacific Partnership trade agreement, which kicked off in Singapore on Saturday. A

    December 8, 2013 02:00 am JST
  • WTO reaches agreement on some of issues under Doha Round trade talks

    NUSA DUA, Indonesia -- The World Trade Organization on Saturday reached agreement on some of the issues being negotiated under the long-stalled Doha Round trade liberalization talks at a ministerial meeting in the Indonesian resort of Bali. The

    December 7, 2013 09:00 pm JST
  • Biden's trip no substitute for Obama leadership in Asia

    SEOUL -- An hour after their closed-door meeting Wednesday, Joe Biden and Xi Jinping were clinking glasses of red wine in high spirits. In all, America's vice president spent about five and a half hours with the Chinese leader, supping until aro

    December 7, 2013 07:00 am JST
  • Cold reality follows Park's warm reception in US

    SEOUL -- Foreign dilemmas -- some new, others old, but all involving Japan -- are testing relations between Park Geun-hye's South Korea and the U.S. Air defense zones, historical grievances, and Japanese Prime Minister Shinzo Abe's vision of mor

    December 7, 2013 01:14 am JST
  • DJ: US November nonfarm payrolls up 203,000, unemployment 7.0%

    WASHINGTON--U.S. employers continued to add jobs at a steady pace and the unemployment rate fell in November, a sign of stronger economic growth that may intensify debate within the Federal Reserve about reducing central bank bond purchases as early

    December 6, 2013 11:25 pm JST
  • Nuances emerge in allies' stance on China air zone

    TOKYO -- While Japan opposes the very existence of China's air defense identification zone, regarding it as a territorial affront, the U.S. is more disturbed by the way Beijing established the zone and its plans for enforcing it."It's not that the A

    December 6, 2013 07:00 am JST
  • Governments fight global M&A tax dodge

    TOKYO -- Governments around the world are struggling to keep companies tied to their home countries at a time when business is going global. This pits them as much against other countries as against footloose companies, using carrots and sticks

    December 5, 2013 07:00 pm JST
  • New York gold price all but certain to end year lower for first time in 13 years

    TOKYO -- Gold continues to lose its luster. The benchmark New York contract ended at $1,247.20 per troy ounce Wednesday, after hitting a five-month low of $1,214.60 the previous day. Wednesday's close is 26% below the $1,675.80 price from the beginn

    December 5, 2013 07:00 pm JST
  • Amid flat demand, Japan electronic parts makers look to China

    TOKYO -- Japan's electronic parts makers are casting longing glances at China's smartphone makers, now that the surge in demand following the launch of new Apple and Samsung Electronics smartphones is played out. "The demand outlook toward the y

    December 5, 2013 07:00 pm JST
  • The specter of global deflation

    Price pressures, with a few exceptions, have been remarkably muted of late. This is easily explained by disappointing growth over recent years, not just in Asia but much of the world. What is depressing inflation are stable commodity prices. True, t

    December 5, 2013 01:00 pm JST
  • Mixed message from US seen emboldening Beijing

    BEIJING -- Recent U.S. interactions with China, including its response to a contested air defense zone, seem to suggest a disaccord within Washington that may be encouraging Beijing. American diplomacy with China has largely focused until now on

    December 5, 2013 07:13 am JST
  • 'If you're not willing to let them fail, you have to regulate them' -- Fama

    Q: How has your work contributed to the financial sector?A: If you go back to when I started, which was the early 1960s, investment management was crude at best. The notion of evaluating performance didn't exist. People could make all kinds of claim

    December 5, 2013 12:00 am JST
  • Booms, busts, bubbles and banks

    NEW YORK -- This year's Nobel Memorial Prize in Economic Sciences was shared by three American scholars: Eugene Fama and Lars Peter Hansen, both professors at the University of Chicago, and Robert Shiller, a professor at Yale University. Though they

    December 5, 2013 12:00 am JST
  • The specter of global deflation

    Price pressures, with a few exceptions, have been remarkably muted of late. This is easily explained by disappointing growth over recent years, not just in Asia but much of the world. What is depressing inflation are stable commodity prices. True, t

    December 5, 2013 12:00 am JST
  • Nippon Steel, ArcelorMittal snag US auto steel plant

    TOKYO -- Nippon Steel & Sumitomo Metal and ArcelorMittal are set to jointly acquire an automotive steel sheet plant in the U.S. from ThyssenKrupp, more than doubling the partners' combined stateside production capacity. The deal is estimated at

    December 5, 2013 12:00 am JST