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  • Mitsubishi to build massive power plant in Myanmar

    BANGKOK (Nikkei) -- Japanese trading house Mitsubishi Corp. will build a large fossil-fuel-fired power station in Myanmar's Dawei special economic zone via a joint venture with two Thai companies. Mitsubishi will team up with Electricity Generat

    November 22, 2013 02:00 am JST
  • Existing-condo prices keep inching up in Japan

    TOKYO (Nikkei) -- Prices of pre-owned condominiums continue to rise as sellers bullishly bet that demand will stay strong. In greater Tokyo, prices climbed 0.2% on the year to an average of 28.2 million yen ($277,913) in October for 70-sq.-meter

    November 21, 2013 11:47 pm JST
  • Asean investment a priority for Daiwa House

    OSAKA (Nikkei) -- Daiwa House Industry will invest heavily in emerging markets of Asia as part of a broader push to boost overseas sales 40% by fiscal 2015. In Japan, the housing market has benefited from a rush of purchases ahead of next April'

    November 21, 2013 10:23 pm JST
  • Japan train standards push looks derailed

    TOKYO -- China is getting in the way of Japan's efforts to lead talks potentially worth billions of dollars on common global technical standards for railway systems. Japan is trying to take the initiative in negotiations under the International

    November 21, 2013 07:00 pm JST
  • Gold bullion regains shine in Japan

    TOKYO -- Sales of gold bullion are increasing again in Japan as money flows out of dollar-dominated exchange-traded funds and futures. The popularity of gold bullion stems from investors' recent preference for liquid assets and the belief that y

    November 21, 2013 07:00 pm JST
  • Honda aims to become Japan's 3rd minivehicle powerhouse

    TOKYO -- Honda Motor is the third largest minivehicle maker in Japan, but trails far behind the undisputed kings of the minicar market, Suzuki Motor and Daihatsu Motor. Honda is determined to change this. Minivehicles, which are classified as c

    November 21, 2013 04:30 pm JST
  • Benefit One expands employee welfare service in Asia

    TOKYO -- Benefit One, a major provider of employee welfare services for corporate customers, is stepping up its operations in Asia outside Japan. On Oct. 29 it set up a subsidiary in Singapore which will oversee the Asian operations, in partnership

    November 21, 2013 01:00 pm JST
  • Eyeing Cambodia's oil and gas market, Japan firm starts with hospitals

    TOKYO -- Japanese engineering giant JGC plans to launch hospital operations in Cambodia in 2015 to build on its domestic experience constructing medical facilities and boost its core industrial plant business. Japanese Prime Minister Shinzo Abe

    November 21, 2013 01:00 pm JST
  • There is no steering wheel so just lean left or right to turn, or hire a robot chauffeur

    TOKYO (Nikkei) -- Going easier on the environment and making cars safer were themes at the 43rd Tokyo Motor Show 2013, which on Wednesday welcomed journalists at the Tokyo Big Sight convention center in Koto Ward. Toyota Motor displayed its FCV

    November 21, 2013 01:00 pm JST
  • Seven-Eleven Japan, now 40, embraced data analysis before it was hip

    TOKYO -- Seven-Eleven Japan does not exactly fly under the radar. The Seven & i Holdings unit, which turned 40 years old on Wednesday, is the nation's largest retailer, with 16,000 domestic outlets. It conducts 5.4 billion customer transactions a ye

    November 21, 2013 01:00 pm JST
  • Fun-driving hybrids take Tokyo Motor Show spotlight

    TOKYO (Nikkei) -- Japanese automakers grappling with young consumers uninterested in owning cars think they might have found the answer in high-performance hybrids that run just like their gas-guzzling cousins. And the companies are taking the wraps

    November 21, 2013 07:00 am JST
  • Japanese trading houses adding factory rentals in SE Asia

    TOKYO (Nikkei) -- Japanese trading companies are expanding the amount of factory space available for rent in Southeast Asia, anticipating demand from small and midsize businesses eager to set up shop there. Major automakers such as Suzuki Motor

    November 21, 2013 07:00 am JST
  • Japan's big banks dump JGBs as yields tumble

    TOKYO (Nikkei) -- Major Japanese banks are jettisoning government bonds as the Bank of Japan's monetary easing program continues to force interest rates downward. The yield on newly issued 10-year Japanese government bonds dropped from the upper

    November 21, 2013 06:00 am JST
  • Sharp nixes China plans with Hon Hai

    OSAKA (Nikkei) -- Sharp has decided to reassess its partnership with Hon Hai Precision Industry, scrapping plans to provide cutting-edge LCD technology to one of the Taiwanese company's factories in China. Sharp had previously agreed to provide

    November 21, 2013 02:32 am JST
  • Japan Post distancing itself (several blocks) from government

    TOKYO (Nikkei) -- Japan Post is considering relocating its headquarters from Tokyo's Kasumigaseki, the heart of Japanese officialdom, to the Otemachi business district in a symbolic severing of government ties as it paves the way for a fiscal 2015 s

    November 21, 2013 02:00 am JST
  • Nomura to move into mezzanine finance

    TOKYO (Nikkei) -- In a new venture, Nomura Holdings will seek to connect institutional investors with companies looking for alternatives to debt or equity for financing acquisitions. Nomura's foray into mezzanine finance, a sparsely populated fi

    November 21, 2013 02:00 am JST
  • Star fund manager on the prowl for next big thing

    TOKYO -- A top fund manager specializing in Japanese shares is betting that certain undiscovered start-ups will flourish as the domestic economy finally emerges from years of deflation. Out of 170 fund managers worldwide who handle Japanese equi

    November 21, 2013 01:53 am JST
  • Japan to report continuing recovery in November economic report

    TOKYO (Nikkei) -- The Japanese government will likely keep its overall view of the economy unchanged in a monthly report, noting "the economy is on the way to recovery at a moderate pace." With production, capital investment and consumer spendin

    November 21, 2013 12:44 am JST
  • Sharp mulls copier tie-up with HP

    OSAKA (Nikkei) -- Sharp is considering supplying multi-function copiers to Hewlett-Packard that would be sold under the U.S. brand in a bid to boost sales of the profitable segment amid fierce competition. Under the plan, Sharp would supply Hewl

    November 21, 2013 12:13 am JST
  • Publisher's Letter

    Time for a fresh perspective on Asia

    Why is Asia, home to over half the world's population and a third of its GDP, often absent from global media coverage? We started asking ourselves this simple question in the wake of the earthquake and tsunami in Japan on March 11, 2011. A sudde

    November 21, 2013 12:00 am JST