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  • Gordon French: As domestic returns wane, Japanese investors should go south

    If finance was science fiction, Japanese pension funds and insurance companies would be the inhabitants of a planet where the most precious commodity -- return on investment -- has all but disappeared. Now they must leave behind their familiar plane

    May 18, 2017 10:00 am JST
  • A Japanese lakebed gives scientists a perfect climate record

    TOKYO Advances in paleoclimatology are shining a light on the climate conditions of the distant past, with big implications for understanding today's climate -- and what changes may be in store for us.By analyzing tree rings, ice cores and sediment

    May 18, 2017 10:00 am JST
  • US and China find some common ground on trade

    WASHINGTON/BEIJING It was only months ago that the world's two largest economies seemed headed toward an open trade war. Now, China has agreed to import American beef and open up to U.S. financial services in exchange for Washington's cooperation on

    May 18, 2017 10:00 am JST
  • Thitinan Pongsudhirak: Donald Trump's foreign policy shift is good news for ASEAN

    It was bound to happen. With one brief trans-Pacific phone call to Thai Prime Minister Prayuth Chan-ocha, U.S. President Donald Trump rewrote the playbook that has governed U.S.-Thai relations over the past decade.Trump is likely to reorient America

    May 18, 2017 10:00 am JST
  • Arbitration and auditing woes threaten Toshiba's turnaround

    TOKYO Toshiba's plan to unload its memory business has hit a potential roadblock with partner Western Digital's demand for arbitration, creating another delisting risk for the Japanese conglomerate in addition to continued friction with its auditor.

    May 18, 2017 10:00 am JST
  • Companies in focus: Homegrown services give Asia the online video it really wants

    BALI, Indonesia Asian TV has long been known for its rice-porridge programming. Public broadcasters reigned over the region, and their shows rarely deviated from the monotonous.As internet connectivity improved, though, online video services blossom

    May 18, 2017 10:00 am JST
  • Masayoshi Son's 'biggest regret' keeps SoftBank in investment mode

    TOKYO Masayoshi Son hardly seems like a man who would be haunted by regret. The company he leads -- Japanese telecommunications giant SoftBank Group -- just announced an operating profit of 1.02 trillion yen ($8.9 billion) for the fiscal year ended

    May 18, 2017 10:00 am JST
  • Former FBI Director Mueller to lead Trump-Russia probe

    WASHINGTON (AP) -- The Justice Department on Wednesday appointed former FBI Director Robert Mueller as a special counsel to oversee a federal investigation into potential coordination between Russia and the Trump campaign during the 2016 presidentia

    May 18, 2017 07:10 am JST
  • Wall St tumbles as reform hopes fade with Trump crisis

    NEW YORK (Reuters) -- The S&P 500 and the Dow notched their biggest one-day fall since Sept. 9 as investor hopes for tax cuts and other pro-business policies faded after reports that U.S. President Donald Trump tried to interfere with a federal inve

    May 18, 2017 06:09 am JST
  • Dollar falls to pre-election levels

    TOKYO -- The U.S. dollar has retreated back to levels seen around the time of the U.S. presidential election in November, on growing concerns over President Donald Trump's ability to enact his economic agenda.The U.S. Dollar Index measures the stren

    May 18, 2017 05:33 am JST
  • Volvo stepping on the gas with high-end Chinese exports

    TOKYO -- Volvo Cars will soon start building a top-of-the-line sedan in China for export to Europe and elsewhere as part of plans to make the Asian manufacturing powerhouse the linchpin of its global production strategy.The luxury automaker, owned b

    May 18, 2017 05:04 am JST
  • Trump and Xi's deal-making could head down perilous path

    TOKYO -- U.S. President Donald Trump, the erstwhile China hawk, has given observers whiplash with his quick friendly turn toward Beijing since taking office, engaging in diplomatic maneuvering that is aimed at reining in North Korea but could bring

    May 17, 2017 03:00 pm JST
  • US decides to slap antidumping duties on steel rebar from Japan

    WASHINGTON (Kyodo) -- The U.S. Department of Commerce said Tuesday it has decided to impose antidumping duty on imports of steel reinforcement bar from Japan after concluding that it was sold at unfair prices in the United States.Following the final

    May 17, 2017 12:35 pm JST
  • White House will not say if Israel provided info Trump discussed with Lavrov

    WASHINGTON (Reuters) -- The White House declined to comment on Tuesday on media reports that Israel was the source of sensitive information that President Donald Trump shared with Russian Foreign Minister Sergei Lavrov during a White House meeting l

    May 17, 2017 12:24 pm JST
  • Trump asked Comey to end investigation of Michael Flynn: Source

    WASHINGTON (Reuters) -- U.S. President Donald Trump asked then-FBI Director James Comey to end the agency's investigation into ties between former White House national security adviser Michael Flynn and Russia, according to a source who has seen a m

    May 17, 2017 11:41 am JST
  • S&P 500, Dow end session flat, tech boosts Nasdaq

    NEW YORK (Reuters) -- The S&P 500 and the Dow ended Tuesday's session flat after mixed economic data and retail earnings, while the Nasdaq had another record close with help from technology stocks.U.S. manufacturing production showed its biggest inc

    May 17, 2017 06:50 am JST
  • Mitsui enters fiber-optic market in Africa

    TOKYO -- Mitsui & Co. has established a fiber-optic company in Kenya with Google and others in hopes of capturing robust demand for high-speed telecom services in Africa.The partners, which also include the World Bank group lender International Fina

    May 17, 2017 06:30 am JST
  • India's Tata Consultancy sets up US drone research lab

    MUMBAI -- Indian information technology company Tata Consultancy Services opened a drone research hub in the U.S. earlier this month, aiming to come up with IT-linked applications for a wide range of customers interested in the technology.The Drones

    May 17, 2017 05:26 am JST
  • North Korea to be focus of planned US-South Korea summit

    SEOUL -- The leaders of the U.S. and South Korea are expected to discuss potential responses to North Korea's growing nuclear weapons capabilities at a summit in Washington at the end of June.The countries reached a tentative agreement on the summit

    May 17, 2017 05:10 am JST
  • USS Ronald Reagan leaves Yokosuka base

    TOKYO -- The USS Ronald Reagan sailed out of its home port in Japan on Tuesday, as Washington considers keeping two nuclear aircraft carriers in nearby waters to ramp up pressure on North Korea amid its continued military provocations.The U.S. Navy

    May 17, 2017 04:54 am JST