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  • Regional jet

    China's COMAC delivers first ARJ21 jet plane to domestic airline

    BEIJING (Reuters) -- State planemaker Commercial Aircraft Corp of China (COMAC) said on Sunday it has delivered the first ARJ21 jet to domestic low-cost carrier Chengdu Airlines, calling it a big breakthrough in China's efforts to develop its domest

    November 29, 2015 02:27 pm JST
  • Japan, China, South Korea to enhance cooperation on infectious diseases

    KYOTO (Kyodo) -- Health ministers from Japan, China and South Korea vowed Sunday to enhance cooperation among their countries to deal with Middle East respiratory syndrome and other infectious diseases at their meeting in Kyoto, western Japan. T

    November 29, 2015 02:12 pm JST
  • Japanese fintech

    Biometric payment systems put money at your fingertips

    TOKYO -- Fintech is rapidly changing the way consumers pay for dinner, or even a dip in a public bath. New cashless, cardless payment systems are sprouting up in Japan one after another. Thanks to the marriage of finance and technology, consumer

    November 29, 2015 01:00 pm JST
  • Japan, China

    High-level meeting in the works

    TOKYO -- Japan and China are preparing to hold a vice ministerial-level meeting in Beijing, perhaps before the end of the year. The meeting will be a warm-up for a dialogue of cabinet-level ministers with economic portfolios that is expected to

    November 29, 2015 01:40 am JST
  • COP21 talks

    Negotiations on emission reduction targets to begin Monday

    TOKYO -- COP21 starts Monday, when U.N. member nations begin negotiating how much each will reduce greenhouse gas emissions in an attempt to save the planet's ability to sustain life. Delegates to the 21st Conference of the Parties to the U

    November 29, 2015 01:35 am JST
  • New marketing

    Japanese companies enlist 'otaku' culture to reach young people

    TOKYO -- "Here you go. Ethnic lemon ramen, Vietnam-style," Ryo Saionji whispers gently into the consumer's ear. "I'm glad you liked it. Ah, you're finally smiling! Your smile ... makes me blush." Saionji is a character in Toyo Suisan Kaisha's Vo

    November 28, 2015 01:00 pm JST
  • Japan tech

    Sony bets on mirrorless cameras for revival

    TOKYO -- The once-mighty Sony is looking for salvation in digital cameras and other imaging products. But with the electronics market maturing and its business model losing effectiveness, the Japanese company faces a tough road to recovery. At

    November 28, 2015 01:00 pm JST
  • Autonomous vehicles

    Self-driving cars may be just around corner for Nissan, Toyota

    TOKYO -- Toyota Motor and Nissan Motor recently offered journalists rides in their latest self-driving cars as part of their media promotions for the Tokyo Motor Show 2015, which ran from late October to early November. The demonstrations highli

    November 28, 2015 01:00 pm JST
  • Brazil's Rousseff cancels Japan trip as budget crisis worsens

    BRASILIA (Reuters) -- Brazilian President Dilma Rousseff on Friday called off a trip to Japan and Vietnam to save money after ordering a budget freeze of 10 billion reais ($2.60 billion) that threatens to grind the government to a halt. The free

    November 28, 2015 11:14 am JST
  • Smartphone panels

    Asian giants sharpen rivalries as some shift to OLED

    TOKYO -- Smartphone display panel manufacturers from Japan, South Korea, Taiwan and China are scrambling to upgrade operations, intensifying competition among them. South Korea's LG Display unveiled plans Friday to build a new plant for small an

    November 28, 2015 07:45 am JST
  • Japan-Myanmar

    Tokyo seeks closer ties with victorious NLD, offers expertise

    TOKYO -- The Japanese government has taken a step toward cementing ties with the National League for Democracy, following the party's landslide victory in Myanmar's Nov. 8 election. Foreign Minister Fumio Kishida met here Friday with Nyan Win, t

    November 28, 2015 07:41 am JST
  • Japan corporate taxes

    Sub-30% rate likely for fiscal 2016

    TOKYO -- Japan's government is working on a plan that would lower the effective corporate tax rate from the current 32.11% to under 30% next fiscal year, reaching the target level a year ahead of schedule on a push by Prime Minister Shinzo Abe.

    November 28, 2015 07:05 am JST
  • Pharmaceutical industry

    Eisai expands into Chinese generics market

    TOKYO -- Japanese drugmaker Eisai will acquire a Chinese generics company in a deal worth 500 million yuan ($78.2 million), gaining a bigger foothold in the world's second-largest pharmaceutical market. Liaoning Tianyi Biological Pharmaceutical

    November 28, 2015 07:00 am JST
  • AirAsia

    Eyeing Japan, carrier seeks to bring ex-Skymark officials aboard

    TOKYO -- AirAsia is courting two former top executives from fellow budget carrier Skymark as the Malaysian carrier plots a return to the Japanese market. Chairman Takashi Ide and President Masakazu Arimori left Skymark in late September after th

    November 28, 2015 06:00 am JST
  • Menswear M&A

    Aoyama hoping Mister Minit lends fresh shine

    TOKYO -- Facing a shrinking Japanese market for suits, menswear chain operator Aoyama Trading aims to diversify and widen its foreign footprint, and the company will kill two birds with one stone through the acquisition of shoe repair outlet Mister

    November 28, 2015 06:00 am JST
  • Workplace diversity

    IBM Japan extending benefits to same-sex partners

    TOKYO -- IBM Japan will soon allow its LGBT employees to enjoy the same family benefits as other staffers. Lesbian, gay, bisexual and transgender partners will be equivalent to spouses for benefit purposes under a registration system to be intro

    November 28, 2015 03:46 am JST
  • Japan's economy

    Consumption weak despite better employment statistics

    TOKYO -- Consumer spending remains sluggish in Japan notwithstanding an improvement in employment figures, likely the result of the large number of nonregular workers as well as households tightening their purse strings due to higher prices for food

    November 28, 2015 03:41 am JST
  • Climate change

    Japan's power utilities plan body to track CO2 cuts

    TOKYO -- Japan's electric power companies will form an organization to monitor their progress in reducing carbon dioxide emissions as part of an industry-wide effort to fight global warming. The Federation of Electric Power Companies of Japan --

    November 28, 2015 03:12 am JST
  • Market Scramble

    Megabanks not rewarded for push to unwind cross-held shares

    TOKYO -- The Nikkei Stock Average again failed to recapture the 20,000-point mark Friday, amid continued weakness by shares of Japan's three megabanks, which drove the rally back in April that had pushed the index above that threshold. Kazuyuki

    November 28, 2015 03:10 am JST
  • Crude oil

    Prices may test $40 again as glut persists

    TOKYO -- The world continues to be awash in crude oil ahead of the OPEC meeting Dec. 4, raising the possibility that prices could again dip below $40 a barrel. This past Monday, Saudi Arabia indicated it was preparing to cooperate with other oil

    November 28, 2015 02:55 am JST