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  • Market Scramble: Small-scale M&A may hold key to long-term growth

    TOKYO -- With the Japanese stock market stagnating, buy-and-hold investors are looking at mergers and acquisitions as a growth catalyst, hoping that a shakeout of small businesses will bolster the broader economy.A realignment among U.K. drugstores

    March 22, 2017 04:36 am JST
  • Tokyo asks Beijing to set record straight on food imports

    TOKYO -- Japan's government has requested that China provide accurate information to its public after a program on state television claimed that banned imports of Japanese foods were being sold there."We have been communicating with the Chinese side

    March 22, 2017 04:30 am JST
  • Mizuho, Sumitomo Mitsui Trust seen merging custody service units

    TOKYO -- Mizuho Financial Group and Sumitomo Mitsui Trust Holdings are moving to consolidate their asset administration units as the groups face the need to boost efficiency in the age of ultralow interest rates.The pair likely will reach a basic ag

    March 22, 2017 04:15 am JST
  • Foreign housekeepers to help kick off spring cleaning in Japan

    TOKYO -- Foreign housekeepers will start providing services in Japan under a government push to expand the market, with staffing agency Pasona launching a business with 25 Filipinos as early as this month."We want our staff to spend a fruitful three

    March 22, 2017 04:10 am JST
  • Japan's residential land values end long slide

    TOKYO -- Residential land values in Japan have risen for the first time since 2008 thanks to ample financing and a recovering economy, an annual survey shows.The average appraised value of select residential plots around the country was 0.022% highe

    March 22, 2017 03:18 am JST
  • Panasonic to take control of Spanish autoparts maker Ficosa

    OSAKA -- Panasonic plans to turn Spanish autoparts supplier Ficosa International into a subsidiary by April in an effort to strengthen its own automotive business.Ficosa is the world's No. 3 producer of car door mirrors and has strength in innovatio

    March 22, 2017 02:00 am JST
  • Tohmatsu to debut online debt balance confirmation

    TOKYO -- Japanese auditing firm Deloitte Touche Tohmatsu will launch a service Wednesday offering online confirmation of clients' balances for accounts payable and receivable.Tohmatsu will ask clients as well as their customers and vendors to enter

    March 22, 2017 02:00 am JST
  • Mitsubishi mulls selling stake in Australian coal mine

    TOKYO -- Mitsubishi Corp. looks to unload its stake in an Australian steam-coal mine as the Japanese trading house reshuffles its resources business, which took a big hit from market stagnation last fiscal year.The Clermont mine in Queensland, which

    March 22, 2017 02:00 am JST
  • Toshiba Memory suitors eye alliances as deadline nears

    TOKYO -- A week away from the March 29 deadline for tendering bids for Toshiba's memory chip business, potential buyers are seeking partners for joint offers, with rivals, customers and investment funds negotiating a web of conflicting interests.Tos

    March 21, 2017 10:47 pm JST
  • TPP can still shape global trade, says ex-US trade chief

    TOKYO -- President Donald Trump may have pulled the U.S. out of the Trans-Pacific Partnership free trade pact, but the accord may still serve as a guide for future trade agreements, says former U.S. Trade Representative Michael Froman."It's possible

    March 21, 2017 07:03 pm JST
  • Mitsubishi Motors doing its homework

    TOKYO -- The capital injection Mitsubishi Motors got from Nissan Motor came with a string attached.Call it a homework assignment: Improve your production processes; make your factories more competitive.As part of the Renault-Nissan alliance, Mitsubi

    March 21, 2017 06:00 pm JST
  • Nikkei 500 Average indexes set for reshuffle

    TOKYO -- Nikkei Inc. on Tuesday said it will change nine components of the Nikkei 500 Stock Average.The reshuffle, to take place on March 29 and April 3, is part of an annual review that accounts for turnover, trading value and market capitalization

    March 21, 2017 04:30 pm JST
  • Frederic Neumann

    Asian markets, beware Fed actions

    There is an eerie air of calm in Asian markets. After years of easy money, much of which found its way into Asia, the U.S. Federal Reserve is finally applying the brakes. Investors seem to be cheering the prospects of higher dollar interest rates. F

    March 21, 2017 04:30 pm JST
  • James D.J. Brown

    For Japan and Russia, '2+2' equals trouble

    In 2014, Japanese Prime Minister Shinzo Abe told the World Economic Forum in Davos, Switzerland, that in pursuing domestic reform, he was "willing to act like a drill bit; strong enough to break through the solid rock of vested interests". In realit

    March 21, 2017 04:20 pm JST
  • Japan condemns North Korea's high-thrust engine test as ”unacceptable”

    TOKYO (Kyodo) -- Japanese Foreign Minister Fumio Kishida on Tuesday condemned North Korea's test of a new high-thrust engine that could be used in the development of a long-range ballistic missile."These repeated provocative acts are utterly unaccep

    March 21, 2017 03:01 pm JST
  • Japan Inc. farmers finding success at last

    TOKYO -- The sun is peeking out for Japan's agricultural sector, as some plant factory operators and corporate farms finally report profit after a rash of strategic failures and withdrawals. In many cases, dogged efforts to understand consumer deman

    March 21, 2017 02:15 pm JST
  • Robots reproducing results a game changer for life sciences

    TOKYO -- A group of researchers in Japan has managed to automate key procedures for life science experiments, raising expectations of higher accuracy and reliability.The group, led by researchers at the National Institute of Advanced Industrial Sci

    March 21, 2017 01:40 pm JST
  • Asia most represented region on Forbes' list

    NEW YORK/TOKYO -- The number of billionaires across the world topped 2,000 for the first time ever, with the Asia-Pacific region home to more than anywhere else, 720 to be precise, according to Forbes' annual rich list.In the list released on Monday

    March 21, 2017 12:41 pm JST
  • Dollar briefly dips to lower 112 yen on moderate U.S. rate hike bets

    TOKYO (Kyodo) -- The U.S. dollar briefly slumped to a three-week low in the lower 112 yen range Tuesday morning in Tokyo, pressured by expectations that the U.S. Federal Reserve would not accelerate the pace of its interest rate hikes. At

    March 21, 2017 12:33 pm JST
  • Cross-border Labor Race

    Vying for elite workers, Japan searches for an edge

    TOKYO -- Even as globe-trotting professionals draw admiration and envy as engines of economic growth, Japan's efforts to draw in these highly skilled workers often fall flat.New residency requirements put in place in 2012 to bring in the business el

    March 21, 2017 12:00 pm JST