Search results

Results 1 - 20 of 27144
  • Japan's Abe calls Taiwan 'important partner'

    TOKYO -- Taiwan is "an important partner that shares Japan's values and interests," Prime Minister Shinzo Abe said Wednesday, according to a ruling party lawmaker, in the latest expression of a cozy relationship that riles China.Keisuke Suzuki, dire

    March 30, 2017 03:50 am JST
  • Japan steelmakers back in black abroad after a year of red ink

    TOKYO -- Large Japanese steelmakers are making money overseas again, enjoying higher prices as supply pressure from Chinese exports lets up. And this foreign income is gaining importance as domestic demand peaks.Nippon Steel & Sumitomo Metal will li

    March 30, 2017 03:25 am JST
  • Market Scramble: Investors grow skeptical of earnings forecasts

    TOKYO -- Investors in the Japanese stock market lack enthusiasm despite the presence of bullish earnings projections by analysts, apparently because they are losing faith in the accuracy of such forecasts.Most Japanese corporations will soon be rele

    March 30, 2017 02:44 am JST
  • Toshiba says it can erase negative net worth in a year

    TOKYO -- Toshiba President Satoshi Tsunakawa said his embattled conglomerate has "more than a sufficient plan" to climb out of negative net worth next fiscal year."For sound, future management of the company, we want to make sure that we shut out th

    March 29, 2017 09:21 pm JST
  • Asian companies muddle through Brexit uncertainty

    TOKYO -- Nine months after it voted in a referendum to leave the European Union, the U.K. on Wednesday formally notified the EU that it is breaking away from the single market. Next up ... at least two years of negotiations toward the exit.A chief c

    March 29, 2017 09:00 pm JST
  • North Korean missile threat sparks fear, preparations in Japan

    TOKYO -- A deafening wail blared out in Oga, Akita Prefecture, in the northern part of Honshu, Japan's main island, at 9:33 a.m. on March 17. It was a siren meant to warn of an impending attack on the country.But it was only a test. The high-pitched

    March 29, 2017 07:27 pm JST
  • Westinghouse bankruptcy leaves Toshiba facing 1tn yen net loss

    TOKYO -- Embattled Japanese conglomerate Toshiba on Wednesday said it could post a net loss of just over 1 trillion yen ($9 billion) for fiscal 2016, now that Westinghouse Electric, its American nuclear unit, has filed for bankruptcy protection.At a

    March 29, 2017 04:25 pm JST
  • Macau, Monte Carlo casino operators join up for Japan bid

    HONG KONG -- Macau casino operator Galaxy Entertainment Group will join forces with its associate in Monaco, Societe des Bains de Mer, to pursue casino resort development opportunities in Japan and other new Asia-Pacific markets.Japan's sudden move

    March 29, 2017 04:03 pm JST
  • Japan's Hitachi, SMBC launching e-money system in Vietnam

    TOKYO -- Hitachi and Sumitomo Mitsui Banking Corp. of Japan as well as Vietnam Post in mid-April will begin offering an e-money pension payment system in the Southeast Asian nation.Special smart cards will be issued to pension recipients, who can th

    March 29, 2017 03:30 pm JST
  • Toyota bringing 'kaizen' to Japan's farms

    NAGOYA, Japan -- Toyota Motor is using its vast knowledge of production management systems and process improvements to help Japanese farmers handle their heavy workloads.The farming industry, facing a shrinking workforce, is joining forces with Toyo

    March 29, 2017 01:15 pm JST
  • Toshiba board greenlights Westinghouse bankruptcy plan

    TOKYO -- Toshiba's board on Wednesday morning approved plans for American nuclear unit Westinghouse Electric to file for bankruptcy protection in the U.S. -- a step the battered Japanese conglomerate hopes will open a path to recovery.Shares in Tosh

    March 29, 2017 11:20 am JST
  • Possible Westinghouse bankruptcy a potential security concern, US official says: Reuters

    WASHINGTON (Reuters) -- The possible bankruptcy of U.S. nuclear developer Westinghouse Electric Co is a "concern" for President Donald Trump's administration and a potential national security issue, an administration official told Reuters on Tuesday

    March 29, 2017 08:40 am JST
  • Atomic bomb survivor blasts Japan for skipping UN talks

    UNITED NATIONS -- Hiroshima atomic bomb survivor Setsuko Thurlow condemned the Japanese government for its "inability to fully commit" to a U.N. conference to negotiate a treaty prohibiting nuclear weapons and called on the government to align itsel

    March 29, 2017 07:30 am JST
  • Court decision to energize reactor restart efforts in Japan

    OSAKA -- An appeals court's go-ahead Tuesday to resume operations at two nuclear reactors in central Japan brightens not only the earnings outlook of Kansai Electric Power, but also the prospects of finally getting more reactors in the country back

    March 29, 2017 07:10 am JST
  • Japan Tobacco still addicted to crumbling cigarette strategy

    TOKYO -- While Japan Tobacco's flagship cigarette business is struggling, its once-moribund pharmaceutical segment is realizing new success. But drugs only account for 3% of group profits, and there is apparently little momentum to enlarge that prop

    March 29, 2017 06:05 am JST
  • After key deal, Tepco, Chubu Electric struggle with next step

    TOKYO -- Tokyo Electric Power Co. Holdings and Chubu Electric Power announced Tuesday a full merger of their fossil-fuel power businesses. But while Tepco hopes for a more extensive partnership as it faces colossal costs associated with its 2011 nuc

    March 29, 2017 05:45 am JST
  • JX Nippon Oil, Hokkaido Gas to share LNG terminal

    SAPPORO -- JX Nippon Oil & Energy will partner with Hokkaido Gas to provide liquefied natural gas in Hokkaido, as cooperation between energy companies spreads beyond metropolitan hubs.The JX Holdings unit will allow the Hokkaido gas provider to use

    March 29, 2017 05:30 am JST
  • Japan draws up work reform plan setting overtime caps

    TOKYO -- Japan's government has compiled an action plan for work reform aimed at reducing overwork and promoting equal pay for equal jobs.The prime minister's office hosted a meeting of the Council of Work Style Reform on Tuesday, where the plan was

    March 29, 2017 05:00 am JST
  • Japan's FamilyMart to offer 4-day workweek

    TOKYO -- FamilyMart employees caring for relatives will be able to work a four-day week starting as early as September, as the Japanese convenience store operator looks to boost efficiency by embracing different styles of working.By 2020, the Family

    March 29, 2017 05:00 am JST
  • China's bottomless appetite keeping iron ore prices up

    TOKYO -- Prices of iron ore remain lofty as Chinese steelworks boost Australian and other imports to meet strong demand for steel.The benchmark spot price of Australian ore with 62% iron content flirted with $100 a ton recently, standing 60% above w

    March 29, 2017 04:58 am JST