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  • Sony touches 9-year high, buoyed by the PS4

    TOKYO -- Sony stock soared 4% at one point Monday as investors turned their attention to the company's success at turning its video game business into a cash cow with the blockbuster PlayStation 4.The shares touched a nearly nine-year high of 4,291

    June 20, 2017 05:03 am JST
  • Times a-changin' in J-pop as ex-SMAP stars exit super-agency

    TOKYO -- Three former members of SMAP, the venerable and beloved Japanese pop group that disbanded late last year, will leave powerhouse talent agency Johnny & Associates in what could prove a wise move amid a fast-changing media market.Goro Inagaki

    June 20, 2017 04:45 am JST
  • Mitsubishi Regional Jet unveiling subdued as interest flags

    LE BOURGET, France -- Japan's first home-grown jetliner faces stormy skies even before takeoff, as repeated development and delivery delays have pushed potential buyers toward increasingly attractive alternatives.Mitsubishi Aircraft, developer of th

    June 20, 2017 04:06 am JST
  • Next share offering now uncertain for Japan Post

    TOKYO -- Japan Post Holdings announced Monday that it will not pursue acquisition of Nomura Real Estate Holdings, creating a headache for the government, which was gearing up for a second offering of its shareholdings in the former state monopoly as

    June 20, 2017 04:02 am JST
  • China regains top spot for Japanese exports from US

    TOKYO -- China overtook the U.S. as the top destination for Japan's exports in May, regaining the lead for the first time in 33 months thanks to economic stimulus and brisk demand for electronic smartphone parts, Japanese Ministry of Finance statist

    June 20, 2017 03:58 am JST
  • Japan Post scraps plan to acquire Nomura Real Estate

    TOKYO (Kyodo) -- Japan Post Holdings Co. said Monday it called off a plan to acquire Nomura Real Estate Holdings Inc. after the two companies apparently failed to agree on a purchase price and other terms.The postal group said on May 12 that it is "

    June 20, 2017 02:36 am JST
  • Japanese hotel operator plans big increase in foreigner hires

    OSAKA -- A hotel subsidiary of Daiwa House Industry is increasing hiring of recent foreign graduates to 80% or so of new recruits to improve service for visitors to Japan and get ready for the 2020 Tokyo Olympics.The roughly 200 new faces brought on

    June 20, 2017 02:04 am JST
  • Japan's Shimadzu looks to expand joint research in China

    SHANGHAI -- Shimadzu will undertake more joint research in China with local universities and institutes, seeing more openings for its precision instruments in fields including food products and medical care as research standards there rise.The Japan

    June 20, 2017 01:52 am JST
  • EU weighs scrapping Japanese tea, sake duties

    TOKYO -- Japan and the European Union are reportedly discussing ending EU duties on Japanese green tea and sake as part of an economic partnership agreement, a step likely to boost the agricultural exports that form a central part of Tokyo's growth

    June 20, 2017 12:14 am JST
  • Seven-Eleven gets foot in door of Vietnam's booming market

    HANOI -- Seven-Eleven has opened its first convenience store in Vietnam, marking the beginning of its effort to catch and surpass rivals that have already carved out some turf.The Vietnamese market for such stores looks destined to grow, given the c

    June 19, 2017 10:21 pm JST
  • Focus shifts to hows and whys of deadly US destroyer collision

    TOKYO -- Investigations into Saturday's collision between an American destroyer and a Philippine containership are intensifying, after the U.S. Navy confirmed the deaths of seven crew members.The collision occurred around 1:30 a.m. south of Tokyo Ba

    June 19, 2017 09:46 pm JST
  • J. Berkshire Miller

    Qatar crisis presents both threat and opportunity for Japan

    In early June, Saudi Arabia and its allies -- the United Arab Emirates, Bahrain and Egypt -- sent ripples through financial markets and global diplomatic circles by blacklisting Qatar, accusing the state of sponsoring and nurturing ties with terrori

    June 19, 2017 06:00 pm JST
  • Labor market reform needed for Japan's sustained growth: IMF

    TOKYO -- The Japanese government needs to move forward with labor market reforms to increase productivity and boost wages, the International Monetary Fund said Monday in the concluding statement of its annual review of the Japanese economy."Closing

    June 19, 2017 05:41 pm JST
  • Underlying trends cast doubt on chip boom's longevity

    TOKYO -- Some experts are sounding the alarm on a recent bull run in chip-related stocks driven by demand from smartphones and the "internet of things," warning that investors are more optimistic than market conditions warrant.American technology st

    June 19, 2017 02:38 pm JST
  • This opinionated robot thinks you should order noodles

    TOKYO -- Robots are notoriously bad conversationalists. Ask one a question and the most you can expect is a simple, wooden response.Until now.Japan's NTT Communication Science Laboratories has developed artificial intelligence technology that enable

    June 19, 2017 12:40 pm JST
  • Navy confirms deaths of all 7 missing crew on damaged US destroyer

    YOKOHAMA (Kyodo) --The U.S. Navy said Monday it has confirmed dead all seven crew members of its destroyer Fitzgerald who were listed as missing following a collision with a Filipino container ship south of Tokyo Bay at the weekend.The Navy announce

    June 19, 2017 12:18 pm JST
  • Japan's May exports jump 14.9%

    TOKYO (Reuters) -- Japan's exports surged in May by the fastest in more than two years on bigger shipments of cars and steel, an encouraging sign that robust overseas demand will support economic growth.The 14.9 percent annual increase in exports in

    June 19, 2017 10:01 am JST
  • Down in polls, Abe eyes cabinet reshuffle

    TOKYO -- Shinzo Abe intends to refresh his cabinet in August or September but is expected to keep on his finance chief and top spokesman, government and ruling party sources told The Nikkei, with opinion polls showing a loss of public confidence in

    June 19, 2017 04:38 am JST
  • Abe's approval rating plunges amid lingering school scandal

    TOKYO -- Support for Japanese Prime Minister Shinzo Abe's government has dropped below 50% for the first time in more than a year as respondents expressed dissatisfaction with his response to allegations of preferential treatment toward a conservati

    June 19, 2017 04:38 am JST
  • Tokio Marine to up stake in Indian unit

    TOKYO -- Japan's Tokio Marine Holdings will make a full-fledged foray into the Indian insurance market by spending 25.3 billion rupees ($392 million) to increase its stake in a local joint venture from 26% to the maximum legal limit of 49%.The casua

    June 19, 2017 02:52 am JST