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  • Toshiba weighs memory bid from alliance of Japan, US, South Korea

    TOKYO -- Toshiba directors will consider Wednesday whether to give preferential negotiation rights to a Japan-backed alliance that brings together U.S. equity fund Bain Capital and South Korea's SK Hynix for the troubled industrial conglomerate's fl

    June 21, 2017 01:50 am JST
  • JD.com to grow own vegetables in tie-up with Mitsubishi Chemical

    BEIJING -- Chinese e-commerce heavyweight Jingdong Group and Japan's Mitsubishi Chemical Holdings have joined forces to raise vegetables in high-tech hothouses for fresh deliveries to consumers in China.Jingdong, best known for JD.com, will start a

    June 21, 2017 01:03 am JST
  • Toho taken higher by in-house anime, Disney hits

    TOKYO -- Toho shares climbed to their loftiest territory in 27 and a half years Tuesday as the Japanese movie studio keeps cranking out animated blockbusters and reaps the benefits of Disney's live-action "Beauty and the Beast" remake.Toho closed up

    June 21, 2017 12:39 am JST
  • Tokyo governor announces Tsukiji relocation, redevelopment

    TOKYO -- Tokyo Gov. Yuriko Koike on Tuesday approved the relocation of the storied Tsukiji fish market and discussed plans to keep the old site a center of the culinary scene for years to come. Koike told reporters that the 80-year-old wholesale mar

    June 20, 2017 07:02 pm JST
  • Machinery builders see heavy Chinese demand lasting

    TOKYO -- China's voracious appetite for machinery extends beyond industrial robots to encompass machine tools and construction equipment, though the long-term prospects for this demand appear to vary by sector.Japanese shipments of building equipmen

    June 20, 2017 02:37 pm JST
  • Canon unit propels into space business with microsatellites

    TOKYO -- Japanese imaging and optical product maker Canon is awaiting the launch of a rocket from the Satish Dhawan Space Center in Sriharikota, southeastern India, scheduled for June 23 that will put microsatellites made by companies around the wor

    June 20, 2017 01:55 pm JST
  • William Pesek

    Japan's four lessons for debt addict China

    Moody's certainly knows how to change the subject. In the 26 days since it downgraded China, the first cut since 1989, the market sentiment pendulum has swung from boom to bust.It was not as controversial as Standard & Poor's slashing Washington's c

    June 20, 2017 12:22 pm JST
  • Nikkei continues run with 22-month intraday high in morning

    TOKYO (Kyodo) -- The Nikkei stock index hit a 22-month intraday high on Tuesday morning as sentiment was boosted by advances on Wall Street overnight and the Japanese yen's fall against the U.S. dollar.The 225-issue Nikkei Stock Average ended the mo

    June 20, 2017 12:14 pm JST
  • Smart population policy holds key to Singapore's growth

    SINGAPORE -- Singapore knows the power of people. As well as being home to some 30,000 newborns annually, the city-state naturalizes another 20,000, said Singaporean Prime Minister Lee Hsien Loong in a welcoming ceremony for new citizens on May 27,

    June 20, 2017 11:08 am JST
  • Nikkei hits 22-month high after Dow sets record

    TOKYO (Kyodo) -- Tokyo stocks opened sharply higher Tuesday, with the Nikkei hitting a 22-month intraday high, after the Dow Jones Industrial Average ended at another record overnight, with exporters boosted by the weaker yen.The 225-issue Nikkei St

    June 20, 2017 09:33 am JST
  • Japan's asset managers seek to vote more independently

    TOKYO -- Japanese asset management firms are taking steps to vote more impartially as shareholders at members of the same corporate group or companies with which they do business.Asset Management One, Nissay Asset Management and others have establis

    June 20, 2017 07:28 am JST
  • As support slips, cracks start to show in Abe's invincible armor

    TOKYO -- Japanese Prime Minister Shinzo Abe and his ruling party are seeing their once firm grip on power grow tenuous as the cabinet's approval rating wilts from a swirling school scandal and a tough Tokyo assembly race looms ahead."My argumentativ

    June 20, 2017 07:24 am JST
  • Sumitomo Precision to exit, curtail profit-losing operations

    OSAKA -- Sumitomo Precision Products will withdraw from or scale back loss-making businesses including communications as the Japanese company seeks to more than triple its operating profit margin to 5% over the next four years.The manufacturer will

    June 20, 2017 07:16 am JST
  • Mitsui to buy US biopesticide company

    TOKYO -- Mitsui & Co. will acquire U.S. company LAM International to broaden its biopesticide offerings, an arena rich in growth potential.The Japanese trading house is expected to pay about 1 billion yen to 2 billion yen ($8.9 million to $17.9 mill

    June 20, 2017 06:50 am JST
  • Market Scramble: Foreigners buy Japan to play it safe

    TOKYO -- Foreign investors are hunting for Japanese equities promising higher dividend payments, unsure of where the U.S. and other Western economies are headed and seeking steady returns.The Nikkei Stock Average finished Monday at 20,067, closing a

    June 20, 2017 06:40 am JST
  • Japan automakers reach for 40% American market share

    TOKYO -- Japanese automakers are looking to lift their share of the U.S. market to the highest level in eight years this fiscal year, betting on the growing popularity of sport utility vehicles to take them there despite signs of an overall market s

    June 20, 2017 06:23 am JST
  • Osaka utility cutting power prices for first time since Fukushima

    OSAKA -- Kansai Electric Power will reduce rates Aug. 1 as reactivating nuclear reactors brings fuel costs down, aiming to win back customers lost after prices rose following the 2011 Fukushima disasterThe Osaka-area utility becomes the first region

    June 20, 2017 06:21 am JST
  • Japan plans summit with US, South Korea on G-20 sidelines

    TOKYO -- Prime Minister Shinzo Abe told reporters Monday that he hopes to hold a three-way meeting with the leaders of the U.S. and South Korea at next month's Group of 20 summit in Germany, outlining plans for a diplomatic push.Abe plans to speak w

    June 20, 2017 06:13 am JST
  • Japan's Ito En buying vending machines to cut lease costs

    TOKYO -- Ito En will soon start buying outright the vending machines it now leases, aiming to cut its debt load before interest rates begin to rise.The Japanese maker and distributor of green tea drinks currently leases about 160,000 machines instal

    June 20, 2017 05:34 am JST
  • Tokyo gov takes on the party that groomed her for the job

    TOKYO -- For Yuriko Koike, a Tokyo governor who has turned against the party that helped advance her celebrated political career, the July 2 metropolitan assembly election is a battle she cannot afford to lose.Koike stumped Sunday for a candidate fr

    June 20, 2017 05:21 am JST