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  • Japan gaming industry

    PlayStation relocation signals the end of an era

    TOKYO -- Japanese computer games giant Sony announced in late January that it plans to consolidate its gaming business units, Sony Computer Entertainment and Sony Network Entertainment International, to form Sony Interactive Entertainment as of Apri

    February 7, 2016 01:00 pm JST
  • Japan's food scene

    'Beef mileage' feeds steak aficionados' competitive streaks

    TOKYO -- A Japanese chain of steak restaurants has found a fresh way to keep customers coming back for more: tracking their "beef mileage." Ikinari Steak, run by Pepper Food Service, sells steak by weight -- say, 7 yen (6 cents) per gram. The fi

    February 7, 2016 01:00 pm JST
  • US, Japan, South Korea ask for emergency UN meeting on North Korea

    UNITED NATIONS (Reuters) -- The United States, Japan and South Korea have requested an emergency meeting of the United Nations Security Council on Sunday to discuss the North Korean rocket launch, council diplomats said. Speaking to Reuters on c

    February 7, 2016 10:19 am JST
  • U.S. tracks North Korean rocket, sees no threat to U.S. or allies

    WASHINGTON (Reuters) -- U.S. authorities are tracking a North Korean rocket launch and do not believe it poses a threat to the United States or its allies, U.S. defense officials said on Saturday. "We can confirm ... that we have detected a laun

    February 7, 2016 10:15 am JST
  • North Korea launches long-range rocket in defiance of international warnings

    TOKYO/SEOUL (Kyodo) -- North Korea launched a long-range rocket Sunday in defiance of international warnings, in a move widely viewed as a disguised ballistic missile test. It is the first time since December 2012 that North Korea has conducted

    February 7, 2016 09:55 am JST
  • North Korea launches long-range rocket: Abe

    TOKYO (Kyodo) -- North Korea on Sunday launched a long-range rocket widely viewed as a disguised ballistic missile test, in defiance of international warnings, Prime Minister Shinzo Abe said.

    February 7, 2016 09:52 am JST
  • Japan, US, South Korea mull financial sanctions on North Korea

    TOKYO (Kyodo) -- Japan, the United States and South Korea are considering slapping financial sanctions on North Korea for conducting a fourth nuclear test last month, diplomatic sources said Saturday.The move comes amid escalating international tens

    February 7, 2016 07:13 am JST
  • Negative interest rates

    BOJ move sends ripples through world currencies

    TOKYO -- The Bank of Japan's negative interest-rate strategy is clearly designed to keep the yen from strengthening. That is obvious from the deft verbal maneuvering by BOJ Gov. Haruhiko Kuroda, who apparently had decided to unleash the unorthod

    February 7, 2016 07:00 am JST
  • Sharp, Foxconn

    Taiwanese suitor, Japanese maiden begin horse trading

    OSAKA -- Japan's Sharp and Taiwan's Hon Hai Precision Industry are down to horse trading. Just how much of Sharp does Hon Hai, also known as Foxconn, want to buy? And how much control does Sharp want to relinquish? Sharp has been teetering o

    February 7, 2016 02:33 am JST
  • North Korea

    UN Security Council talks on sanctions at a standstill

    NEW YORK/BEIJING -- A month after North Korea conducted its fourth nuclear test, talks on new sanctions against the reclusive state remain deadlocked at the U.N. Security Council, leaving some council members increasingly frustrated. The stalema

    February 7, 2016 02:21 am JST
  • North Korea

    Tensions rise as expected missile launch draws near

    SEOUL -- North Korea is threatening to launch a ballistic missile, possibly today, that could have a longer range than any missile the reclusive state has yet fired. As a result, Northeast Asia is on edge. The missile could show that North K

    February 7, 2016 02:13 am JST
  • North Korea moves forward start of rocket launch period to Sunday

    TOKYO (Kyodo) -- The Japanese government said Saturday that North Korea has brought forward the start of the period during which it plans to launch a rocket by one day to Sunday. Pyongyang has notified the International Maritime Organization of

    February 7, 2016 12:06 am JST
  • Japanese statecraft

    Tokyo's governor acts more like diplomat

    TOKYO -- During the two years since he became Tokyo's governor, Yoichi Masuzoe has been acting more like a diplomat than a local government chief. He has made many trips to foreign capitals on official business and met with a number of foreign polit

    February 6, 2016 01:00 pm JST
  • Japan energy

    Oil distributors diversify suppliers amid glut, Mideast strife

    TOKYO -- Concerns about Mideast instability have Japanese oil distributors reducing their imports from the region and boosting their supply from the U.S., Mexico and Russia. "From now on, we will mainly import low-cost crude oil from the North A

    February 6, 2016 01:00 pm JST
  • Japan's power industry

    In about-face, environment ministry to OK coal plants

    TOKYO -- Japan's Ministry of the Environment looks prepared to ease its opposition to new coal-power plants following efforts by the economy ministry and the industry to address concerns over global warming emissions. Environment Minister Tamayo

    February 6, 2016 08:28 am JST
  • Japanese beverage biz

    Asahi to name beer unit's chief as president

    NAGOYA -- Asahi Group Holdings has decided to promote the head of its beer subsidiary to president of the parent, The Nikkei has learned. Asahi Breweries President Akiyoshi Koji, 64, will replace the holding company's current president, Naoki Iz

    February 6, 2016 07:50 am JST
  • Rocket science

    Japan separator tech eases impact on satellites

    TOKYO -- The Japan Aerospace Exploration Agency will test technology designed to ease the impact on satellites as they separate from their launch vehicle by around 75 percent, allowing for more sophisticated equipment. A satellite absorbs force

    February 6, 2016 07:31 am JST
  • Toshiba restructuring

    Canon, Fujifilm among possible buyers of medical unit

    TOKYO -- Toshiba has selected two coalitions of companies, which include domestic players such as Canon, Konica Minolta and Fujifilm Holdings, as potential buyers of its medical equipment unit, it was learned Friday. The first coalition consists

    February 6, 2016 07:31 am JST
  • Sharp, Foxconn

    Companies shoot for final deal by month's end

    OSAKA -- Taiwan's Hon Hai Precision Industry, or Foxconn, aims to finalize by the end of the month a deal to acquire ailing Japanese electronics maker Sharp, with the two having reached a preliminary agreement Friday, Chairman Terry Gou said. Go

    February 6, 2016 07:30 am JST
  • Negative interest rates

    Diminishing bond returns hit household financial products

    TOKYO -- The Bank of Japan's decision to adopt negative interest rates will likely hurt individuals before it helps them, with banks cutting deposit rates while life insurance companies mull higher premiums. The yield on benchmark 10-year Japane

    February 6, 2016 07:14 am JST