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  • Nisshinbo to make brake material investments in China, US

    TOKYO -- Japan's Nisshinbo Holdings will spend 20 billion yen ($180 million) to ramp up production of brake materials in China and the U.S.In China, a group company based in South Korea will spend 6 billion yen to build in Shandong Province a new 72

    June 19, 2017 02:52 am JST
  • U.S. destroyer almost foundered after collision, bodies found - Seventh Fleet

    YOKOSUKA, Japan (Reuters) -- The bodies of missing sailors were found in flooded compartments of the USS Fitzgerald, which came close to sinking after a collision with a container ship off Japan tore a gash under the warship's waterline, the U.S. Na

    June 18, 2017 09:33 pm JST
  • Toyota's days on easy street are over

    NAGOYA, Japan -- The auto industry is hurtling into a new era, and no one is immune to the changes. For Toyota Motor, the burning question is how to adapt to the emergence of connected cars, self-driving technology, electric vehicles and ride-sharin

    June 18, 2017 08:17 pm JST
  • Japan's five steps to a 5G world

    TOKYO -- Japan's mobile carriers are gearing up for the global shift to fifth-generation wireless communications.The new technology offers a chance for Japan to re-emerge as a key player in the industry. For this to happen, Japanese companies will h

    June 18, 2017 07:51 pm JST
  • Race a Mario Kart or go bungee jumping -- in the middle of Tokyo

    TOKYO -- Virtual reality is so transforming amusement parks and other leisure businesses that it could redefine the industry.Bandai Namco Entertainment on Tuesday showed off a VR complex it will open this summer in Shinjuku, a bustling neighborhood

    June 18, 2017 07:51 pm JST
  • Toshiba's lack of auditor options exposes global problem

    TOKYO -- When Toshiba holds its annual shareholders' meeting on June 28, the company's fiscal 2016 financial results will not be ready because its auditor, PricewaterhouseCoopers Aarata, has not approved them. This ongoing mess at the troubled Japan

    June 18, 2017 07:51 pm JST
  • Comment

    Public a willing audience for Abe's shallow show of progress

    TOKYO -- The latest economic policy guidelines from Prime Minister Shinzo Abe's government are typically sunny, promising strong growth and new social benefits to boot. But any mention of the tax hikes or other potentially painful steps Japan needs

    June 18, 2017 07:51 pm JST
  • Remote 'off' switch applied to Cambodia taxis

    TOKYO -- When you stop paying your gas bill, you can expect the supply to be turned off. Now, a Japanese startup is applying the same concept to cars leased out to taxi drivers.The technology developed by Global Mobility Service takes the risk out o

    June 18, 2017 07:51 pm JST
  • Shiseido aids working women with virtual cosmetics app

    TOKYO -- Japanese cosmetics maker Shiseido has partnered with Microsoft Japan to develop an app using software to create the illusion that a person is wearing makeup and thus improve their appearance on computer monitors. The app targets women who w

    June 18, 2017 03:40 pm JST
  • Navy stops search for 7 missing sailors after bodies found

    YOKOSUKA, Japan (AP) -- The U.S. Navy ended search and rescue efforts for the seven sailors missing after their destroyer collided with a merchant ship in waters off Japan and a number of bodies were found Sunday in flooded compartments, including s

    June 18, 2017 03:32 pm JST
  • Sanrio to license indoor Hello Kitty theme park in Shanghai

    TOKYO -- Sanrio, the Japanese maker of Hello Kitty character goods, is planning to increase licensing for the creation of theme parks in Asia, starting with the opening of an indoor park in Shanghai in 2018 that will be its second in China. Sanrio w

    June 18, 2017 02:25 pm JST
  • Japanese bank deposits top $9.5tn

    TOKYO -- The balance of deposits at financial institutions in Japan is swelling, leaving capital that could be used as the primary source for bank loans piled up as dead money. As of the end of March, the balance of deposits at Japan's banks and cre

    June 18, 2017 02:25 pm JST
  • Bodies of missing sailors found in flooded compartments of U.S destroyer

    YOKOSUKA, Japan (Reuters) -- The bodies of a number of sailors who were missing after the U.S. Navy destroyer USS Fitzgerald collided with a container ship were found in flooded compartments of the damaged ship, the U.S. Seventh Fleet said in a stat

    June 18, 2017 12:22 pm JST
  • Brendan Sobie

    Mongolia must open up to avoid aviation embarrassment

    Mongolia is to get a new international airport next year. The $580 million project, overseen by the Japan International Cooperation Agency, is a large investment for a country of only 3.1 million people and a gross domestic product of just $12 billi

    June 18, 2017 12:00 pm JST
  • Paul Mortimer-Lee

    Why the ECB and other central banks are being so cautious

    The recent ECB meeting was very dovish despite great growth. Why are the ECB and other central banks, currently so cautious? They say you can have too much of a good thing -- is that true with the current degree of accommodation?There are a number o

    June 18, 2017 07:00 am JST
  • European foods may become cheaper in Japan

    TOKYO -- Japanese consumers one day could find themselves paying less for pasta, chocolate and cookies from Europe.Japanese negotiators taking part in talks for the Japan-EU Economic Partnership Agreement, which are expected to conclude soon, are co

    June 18, 2017 02:02 am JST
  • Japan brewers boost nonalcoholic beer production

    TOKYO -- With their nonalcoholic beers gaining popularity and sales of the real stuff declining, Japan's Kirin Brewery and Suntory Beer are switching gears.Kirin plans to boost monthly production of its Zeroichi, which is selling beyond the company'

    June 18, 2017 02:00 am JST
  • 7 missing as U.S. Navy ship collides with container ship off Japan

    TOKYO (Kyodo) -- The U.S. Navy's guided-missile destroyer Fitzgerald collided with a Filipino container vessel off Yokosuka, south of Tokyo, early Saturday, leaving seven crew members from the destroyer unaccounted for and three injured, the U.S. Na

    June 18, 2017 01:46 am JST
  • Tokyo governor decides to relocate fish market to Toyosu area: sources

    TOKYO (Kyodo) -- Tokyo Gov. Yuriko Koike has decided to relocate the fish market to the Toyosu waterfront district from Tsukiji after additional safety measures are taken to ease pollution concerns, sources familiar with the matter said Saturday.

    June 17, 2017 07:16 pm JST
  • Japan prepares for arrival of 248th era

    TOKYO -- Now that Japan's parliament has cleared the way for Emperor Akihito to step down, the government is starting to dig into the details of the process.One big focus is to minimize any confusion surrounding the start of the new era. Since the M

    June 17, 2017 05:00 pm JST