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  • Carmakers race to ride electric boom in China

    SHANGHAI -- Western and Japanese automakers alike are putting their electric vehicles under the spotlight to spark attention as the 17th Shanghai International Automobile Industry Exhibition opened Wednesday.China's government will require productio

    April 20, 2017 04:40 am JST
  • Pence 'grateful' for Japanese companies creating jobs in US

    TOKYO -- U.S. Vice President Mike Pence expressed his gratitude to corporate Japan for investing in and creating jobs in the U.S., in a speech to Japanese business leaders here on Wednesday.The Mount Fuji Dialogue, an influential Japan-U.S. forum, p

    April 20, 2017 03:20 am JST
  • Searight and Shearer

    Pence shows why Southeast Asia counts, for US and the world

    While the potential for crisis on the Korean Peninsula is dominating the first visit to Asia by U.S. Vice President Mike Pence, his stop in Jakarta on Wednesday is also important for America's long-term interests in the region as a whole. The visit

    April 19, 2017 08:20 pm JST
  • Apple's India tax break request declined, for now

    NEW DELHI -- Apple's demand for tax concessions for local iPhone production has "not been accepted" by India's Finance Ministry and the matter may now be decided by a council responsible for the implementation of the country's new indirect taxation

    April 19, 2017 02:00 pm JST
  • Stock trading remains directionless on Tokyo bourse

    TOKYO -- Thin and directionless trading continues on the Tokyo Stock Exchange.The closely watched Nikkei Stock Average jumped nearly 200 points in Tuesday morning trading, reflecting rises in U.S. stocks and a breather in the yen's appreciation, but

    April 19, 2017 01:20 pm JST
  • Japan's long-term rate falls to zero amid overseas uncertainty

    TOKYO -- The yield on newly issued 10-year Japanese government bonds, a benchmark for the country's long-term interest rate, declined Wednesday 0.010% from a day earlier to zero for the first time in five months. Geopolitical risks surrounding North

    April 19, 2017 01:00 pm JST
  • Toshiba's fate tied to US-China tussle for chip dominance

    TOKYO -- Toshiba needs the sale of its flash memory business to go smoothly if the embattled electronics maker is to avoid disaster as it scrambles to restructure. But another factor, one that is shaping the entire chip sector, will also influence i

    April 19, 2017 01:00 pm JST
  • Pence says 'sword stands ready' in speech aboard Japan-based carrier

    YOKOSUKA, Japan -- In case the message was not clear enough, U.S. Vice President Mike Pence made sure there was no misunderstanding. Aboard the U.S. Navy's sole forward-based aircraft carrier, the USS Ronald Reagan, on Wednesday morning, Pence warne

    April 19, 2017 11:20 am JST
  • Inaugural Japan-US talks bring no clarity

    TOKYO -- As the new Japan-U.S. economic dialogue kicked off Tuesday, Tokyo looked to gain the upper hand through meticulous preparation, but slow progress on key appointments left a high degree of uncertainty on the American side, making it impossib

    April 19, 2017 07:00 am JST
  • Goldman Sachs, J&J pull Wall Street lower

    NEW YORK (Reuters) -- The S&P 500 fell for the fourth time in five sessions on Tuesday, weighed down by a drop in Goldman Sachs and Johnson & Johnson following their quarterly results, while geopolitical tensions added to investor caution.Goldman Sa

    April 19, 2017 06:44 am JST
  • Abe, Pence urge Beijing to do more on North Korea

    TOKYO -- Prime Minister Shinzo Abe and U.S. Vice President Mike Pence agreed Tuesday to involve China more in restraining North Korea and to keep military action as an option while pursuing a peaceful resolution to Pyongyang's nuclear and missile pr

    April 19, 2017 06:36 am JST
  • Japan's farm sector in US crosshairs

    WASHINGTON -- Opening up the Japanese market to U.S. agricultural exports will likely be a subject of heated discussion as talks progress from bilateral economic discussions that opened Tuesday.The White House under President Donald Trump has favore

    April 19, 2017 06:00 am JST
  • Trump orders review of visa program to encourage hiring Americans

    KENOSHA, U.S. (Reuters) -- President Donald Trump on Tuesday ordered federal agencies to look at tightening a temporary visa program used to bring high-skilled foreign workers to the United States, as he tries to carry out his campaign pledges to pu

    April 19, 2017 05:56 am JST
  • Japan, US fail to go deep as they begin economic dialogue

    TOKYO -- Round one of a U.S.-Japan economic dialogue produced little of substance on cooperation in sectors such as infrastructure and energy, blunting a tool Tokyo hopes will fend off future attacks on the trade and currency fronts.According to a j

    April 19, 2017 05:35 am JST
  • Trump backtracking cools nonferrous metals rally

    TOKYO -- With Donald Trump making campaign pledges to spend 1 trillion dollars on infrastructure over the next 10 years, it was no surprise to see international prices of nonferrous metals climb as soon as he won November's election. But the trend i

    April 18, 2017 10:00 pm JST
  • US eyes FTA with Japan as economic talks kick off

    TOKYO -- Japan and the U.S. kicked off high-level bilateral economic talks in Tokyo on Tuesday, with U.S. Vice President Mike Pence, who co-chaired the meeting along with Japanese Deputy Prime Minister and Finance Minister Taro Aso, expressing hope

    April 18, 2017 09:47 pm JST
  • US looks to "reform" free trade deal with South Korea: Pence

    SEOUL (Kyodo) -- The United States will review and "reform" a free trade agreement with South Korea, U.S. Vice President Mike Pence said Tuesday, citing "too many barriers" for his country's businesses."We're reviewing all of our trade agreements ac

    April 18, 2017 01:35 pm JST
  • US wants more trade with Japan through bilateral pact: Ross

    TOKYO -- The U.S. is keen to increase trade with Japan through a trade agreement, Secretary of Commerce Wilbur Ross told reporters on Tuesday morning after meeting Japan's Economy, Trade and Industry Minister Hiroshige Seko in Tokyo."We are certainl

    April 18, 2017 01:10 pm JST
  • Electric cars face cost pressures as key metals soar

    TOKYO -- Car and battery manufacturers developing electric vehicles are hard-pressed to keep costs down as prices for key metals skyrocket.The international price of cobalt, a material used in rechargeable lithium ion batteries, rose to an eight-yea

    April 18, 2017 09:10 am JST
  • Wall Street rallies in low volume led by banks, tech

    NEW YORK (Reuters) -- U.S. stocks bounced back on Monday after the S&P 500 closed the previous session at a two-month low, in a broad rally led by recently beaten-down bank and technology shares.Market focus shifted from geopolitical tension to earn

    April 18, 2017 07:20 am JST