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  • Trim from overhaul, Sharp ready to start growing again

    OSAKA -- Sharp has emerged lean from a bout of intense cost-cutting under parent Hon Hai Precision Industry, booking a long-awaited pretax profit in the year ended March, though scant manpower could make taking the next step toward growth a risky pr

    May 27, 2017 06:54 am JST
  • G-7 remains divided over protectionism, climate change

    TAORMINA, Italy -- Although Group of Seven leaders agreed Friday on the importance of free and fair trade, they struggled to reach common ground with regard to protectionism, a Japanese official said.At last year's G-7 summit in Japan, leaders issue

    May 27, 2017 06:47 am JST
  • Japan capex growth rebounds to post-crisis high

    TOKYO -- In their scramble to cope with the country's deepening labor shortage, Japanese corporations will boost total capital expenditures by 13.6% in the current fiscal year, the first double-digit gain in four years.Corporate Japan cut capex by 3

    May 27, 2017 06:33 am JST
  • Materials, electronics industries lead Japan's capex spending spree

    TOKYO -- Japan's materials and electronics industries, emboldened by a brighter business landscape, are leading the sharp increase in corporate capital expenditures this fiscal year.Materials manufacturers plan to increase capex 16.8% for the curren

    May 27, 2017 06:33 am JST
  • Threat of scandal testimony could tie up Japan's legislature

    TOKYO -- Japanese lawmakers are clashing over whether to have a former education ministry official testify about documents allegedly tying Prime Minister Shinzo Abe to a new school scandal, a conflict that could throw off the legislature's schedule

    May 27, 2017 06:28 am JST
  • G-7 leaders agree to boost intel sharing in anti-terror fight

    TAORMINA, Italy -- With the world still reeling from Monday's suicide bombing in the U.K. city of Manchester, Group of Seven leaders vowed to join hands in the fight against terrorism by bolstering intelligence sharing and promoting better tracking

    May 27, 2017 06:06 am JST
  • Sony crafting chip business capable of withstanding stronger yen

    TOKYO -- Sony looks to inoculate its semiconductor business against any swings toward a strong yen by improving efficiency and broadening sales of image sensors to ensure more stable demand.The conglomerate aims to generate 100 billion yen ($900 mil

    May 27, 2017 06:06 am JST
  • Abe shows staying power as Japan's third-longest-serving leader

    TOKYO -- Shinzo Abe marks 1,980 days as Japanese prime minister Saturday, tying him with predecessor Junichiro Koizumi as the third-longest-serving leader of the postwar era.Abe will have third place to himself Sunday, behind only Shigeru Yoshida at

    May 27, 2017 06:02 am JST
  • A year later, Trump's world tests audacity of nuclear-free hope

    TOKYO -- One year after then-U.S. President Barack Obama prodded mankind to dream of a future without nuclear weapons in Hiroshima, the world looks like a different place.Obama's successor, Donald Trump, has preached about the need to bolster nuclea

    May 27, 2017 05:57 am JST
  • Abe pushing for more US deterrence in Asia

    TAORMINA, Italy -- By urging the U.S. to play a greater role in the Asia-Pacific region, Japanese Prime Minister Shinzo Abe seems to be hoping that Washington will serve as a deterrent to both North Korea's missile development and China's maritime a

    May 27, 2017 05:50 am JST
  • Uber runs smack into Japan's wall of red tape

    TOKYO -- A year since Uber Technologies began limited service in a sparsely populated area of Kyoto, locals rave even as regulatory barriers render a national rollout only a distant prospect."I felt bad about asking my daughter and relatives to driv

    May 27, 2017 05:27 am JST
  • Market Scramble: Asset managers bullish on Europe, Japan stocks

    TOKYO -- The rise in stock markets is expected to continue the world over, judging by the funds allocation plans of leading wealth management companies.Now is a time to buy European shares, Didier Borowski of Amundi Asset Management told Japanese pe

    May 27, 2017 05:00 am JST
  • Delivery boom spurring package innovations in Japan

    TOKYO -- The popularity of online shopping has created huge demand in Japan for cardboard and other materials to package purchases for delivery.However, it has also spawned some logistics challenges. For example, too much packaging and the parcels w

    May 27, 2017 04:19 am JST
  • Strong first quarter points to record year for Japan corporate bond sales

    TOKYO -- The value of Japanese corporate bond offerings in fiscal 2017 is on pace to surpass the all-time high hit last fiscal year as companies move to lock in ultralow interest rates before they turn higher.Issuances are expected to far exceed 2 t

    May 27, 2017 03:59 am JST
  • Game, tech stocks gain in deadlocked market

    TOKYO -- Sectors as varied as video games, virtual currencies and beauty products were actively sought here Friday for shelter from such factors as unpredictable U.S. policy and geopolitical risk.Nintendo closed up 5.5% from the day before at 33,510

    May 27, 2017 02:00 am JST
  • Shift to commercial property seen lifting Hulic's profit

    TOKYO -- Gains on the sale of commercial buildings are expected to lift Japanese real estate developer Hulic's annual operating profit by around 5 billion yen ($44.9 million) -- the equivalent of nearly 10% of this year's earnings forecast -- start

    May 27, 2017 02:00 am JST
  • US, Japan agree to turn up heat on North Korea

    TAORMINA, Italy -- U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe agreed here Friday to ramp up pressure on North Korea for its continued missile tests, including through additional sanctions.North Korea is a global problem that

    May 27, 2017 01:57 am JST
  • Nissan nears sale of battery unit to Chinese fund GSR

    TOKYO -- Nissan Motor has entered the final stages of negotiation to sell its electric-vehicle battery unit to Chinese investment fund GSR group, The Nikkei learned Friday.The deal likely will be worth around 110 billion yen ($988 million). By procu

    May 27, 2017 01:31 am JST
  • Interview

    St. Louis Fed chief calls for early reduction of balance sheet

    TOKYO -- The president of the St. Louis Federal Reserve on Friday told The Nikkei that the Fed should start reducing its balance sheet -- and soon."The Fed should start to reduce the balance sheet sometime in the second half of the year," James Bull

    May 26, 2017 09:56 pm JST
  • Teijin to go on worldwide auto composites drive

    TOKYO -- Japanese chemical and textile manufacturer Teijin will increase the number of its automotive composite material production and engineering bases around the world to around 30 -- 1.5 times the current number.The initiative will span the next

    May 26, 2017 07:37 pm JST