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  • Earnings preview

    Dowa's profit tracking higher for second year

    TOKYO -- Dowa Holdings' pretax profit is likely to climb 3% to around 38 billion yen ($340 million) in the year ending March 2018, up for the second straight year, owing to recovering metal prices and rising sales of processed metals to automakers.T

    April 28, 2017 02:00 am JST
  • Earnings preview

    Oji seen more than doubling net profit

    TOKYO -- Japanese paper products group Oji Holdings is expected to log around 33 billion yen ($296 million) in group net profit for the year ended March, more than double the previous year's result, on strong cardboard and diaper sales in emerging c

    April 28, 2017 02:00 am JST
  • Maruti Suzuki India reports 16% rise in Q4 net profit

    NEW DELHI -- Maruti Suzuki India, the country's largest passenger car maker, on Thursday reported a 15.8% year-on-year increase in fourth quarter net profit at 17.09 billion rupees ($266.5 million), owing to factors such as growth in volume and a ri

    April 28, 2017 01:11 am JST
  • Lawson, FamilyMart to snip household-goods prices

    TOKYO -- Convenience store operators Lawson and FamilyMart will lower prices for household items in Japan by an average of 5% next month, following a similar move by market leader Seven-Eleven Japan, as consumers grow more frugal.Lawson will cut pri

    April 28, 2017 01:00 am JST
  • Asia-Pacific leads global business travel

    BANGKOK -- Business travel within Asia is growing at twice the pace of the rest of the world and looks set to overtake the top-spending Americas within 10 years, according to research by the World Travel and Tourism Council, a leading industry body,

    April 27, 2017 11:20 pm JST
  • Interview

    Tokyo to push for TPP without US, says Aso

    TOKYO -- Japan wants to convince 10 other Pacific Rim countries to enter into the Trans-Pacific Partnership deal without the U.S., Deputy Prime Minister Taro Aso said on Thursday.In a reversal of earlier reticence about a TPP minus the U.S., Japan n

    April 27, 2017 09:00 pm JST
  • Asia Inc. welcomes Trump's big tax plan

    TOKYO/SEOUL -- U.S. President Donald Trump's announcement of a dramatic tax reform plan was greeted with welcome and suspicion by Asian companies on Thursday.If Trump has his way, the corporate tax rate in the U.S. would fall from 35% to 15%.Kawasak

    April 27, 2017 08:00 pm JST
  • Gold holds firm at $1,270 level on geopolitical jitters

    TOKYO/HONG KONG -- Gold prices are hovering around $1,270 per ounce, up roughly 12% since the end of December, as investors remain cautious amid looming geopolitical risks.This was despite initial euphoria after the first round of the French electio

    April 27, 2017 07:50 pm JST
  • BOJ holds fire as growth outlook brightens

    TOKYO -- Reflecting improvements in overseas economies and continued robust domestic demand, the Bank of Japan on Thursday upgraded its outlook for the domestic economy, deeming it to have "expanded" for the first time in nine years.While the centra

    April 27, 2017 07:30 pm JST
  • TPP talks to get going -- with notable absentee

    TOKYO -- The 11 remaining signatories to the Trans-Pacific Partnership will start talks next week aimed at putting the trade agreement into force, without the participation of the U.S. Lead negotiators gather in Canada to begin the new talks on May

    April 27, 2017 06:35 pm JST
  • Stronger yen digs into Komatsu's earnings

    TOKYO -- Komatsu, the world's second-largest construction and mining machinery maker, saw its annual earnings slide as a stronger yen erased gains from increasing demand in China and Indonesia.The 95-year-old company saw its revenue for the year end

    April 27, 2017 06:00 pm JST
  • Toyota Motor's global vehicle sales hit record high

    TOKYO -- Toyota Motor on Thursday said its global vehicle sales grew 1.6% from a year ago to reach a new all-time fiscal-year high of 10,251,000 in the period to March, but performed worse than German rival Volkswagen.The figure, which includes sale

    April 27, 2017 03:35 pm JST
  • The long, frustrating quest for free trade in Asia

    SINGAPORE -- It was a punch in the gut for Jenesis (Shenzhen) when the U.S. called it quits on the Trans-Pacific Partnership. Just like that, the contract electronics manufacturer's very raison d'etre was thrown into question.Jenesis, which supplies

    April 27, 2017 12:00 pm JST
  • Think the RCEP is about free trade? Think again

    SINGAPORE -- Delegates from Pakistan's remote Khyber Pakhtunkhwa province were all smiles as they signed an economic cooperation agreement with China on April 17."We have set the stage to begin [a] journey of industrialization," the province's chief

    April 27, 2017 12:00 pm JST
  • If US won't lead on trade, China will: Ex-US trade rep

    TOKYO America's withdrawal from the Trans-Pacific Partnership leaves the door open for China to set the agenda in Asia-Pacific trade, warns former U.S. Trade Representative Michael Froman.Now a distinguished fellow at the Council on Foreign Relation

    April 27, 2017 10:00 am JST
  • Think the RCEP is about free trade? Think again

    SINGAPORE Delegates from Pakistan's remote Khyber Pakhtunkhwa province were all smiles as they signed an economic cooperation agreement with China on April 17."We have set the stage to begin [a] journey of industrialization," the province's chief mi

    April 27, 2017 10:00 am JST
  • The long and frustrating quest for free trade in Asia

    SINGAPORE It was a punch in the gut for Jenesis (Shenzhen) when the U.S. called it quits on the Trans-Pacific Partnership. Just like that, the contract electronics manufacturer's very raison d'etre was thrown into question.Jenesis, which supplies el

    April 27, 2017 10:00 am JST
  • Chinese automakers come into their own

    SHANGHAI State-owned Chinese automakers are working to develop more models under their own brands in an effort to prepare for intensifying competition in the world's largest auto market.Chongqing Changan Automobile unveiled a new sport utility vehic

    April 27, 2017 10:00 am JST
  • North Korea and the US test each other's limits

    TOKYO North Korea and the U.S. continue to raise the stakes in their game of political brinkmanship, with Pyongyang flaunting its military muscle while Washington works to build an international coalition to pressure the regime over its nuclear prog

    April 27, 2017 10:00 am JST
  • Japan's emperor opts for abdication

    TOKYO The work to establish a formal procedure for allowing Emperor Akihito to abdicate the throne in favor of Crown Prince Naruhito is almost complete. The government is now preparing to submit to the Diet a bill to launch the process. The bill is

    April 27, 2017 10:00 am JST