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  • Japan Inc. looks to make a quantum leap in computing

    TOKYO -- Japanese electronics companies such as NEC and Fujitsu are setting their sights on developing quantum computing, hoping to bring practical applications to the market early in the next decade.This technology employs quantum-mechanical proper

    January 22, 2018 05:23 am JST
  • Lawson offers key exchange for vacation rentals

    TOKYO -- Japan's Lawson rolls out a service Monday with a Canadian company to provide key storage for short-term vacation rentals, part of a trend of convenience stores becoming hubs for the sharing economy.Lawson stores will host lockboxes installe

    January 22, 2018 05:23 am JST
  • Toshiba still faces murky future despite chip unit sale

    TOKYO -- "Not again, what are they doing?" muttered Takanori Kurosaka last August as he read yet another news story about the long legal tussle between Toshiba and Western Digital.Kurosaka was particularly annoyed because just a week earlier, Toshib

    January 21, 2018 08:00 am JST
  • BOJ trim of bond purchases flags risks of market overreaction

    TOKYO -- Many bond market participants were caught off guard on Jan. 9 when the Bank of Japan unexpectedly reduced its purchases of government bonds, instantly pushing yields higher. In the nine days that followed, long-term rates -- yields on 10 ye

    January 20, 2018 06:10 pm JST
  • China accuses US warship of violating its sovereignty

    SHANGHAI (Reuters) -- China's foreign ministry has accused a U.S. warship of entering its territorial waters without permission and said it would take "necessary measures" to ensure its sovereignty is protected.On the evening of Jan. 17, the missile

    January 20, 2018 05:28 pm JST
  • US government shuts down; Democrats, GOP blame each other

    WASHINGTON (AP) -- The federal government shut down at the stroke of midnight Friday, halting all but the most essential operations and marring the one-year anniversary of President Donald Trump's inauguration in a striking display of Washington dys

    January 20, 2018 02:13 pm JST
  • SoftBank aims for global ride-hailing alliance with Uber stake

    PALO ALTO, U.S. -- SoftBank Group is readying ride-hailing alliances around the world after taking a 15% stake in Uber Technologies to become the top shareholder. But the Japanese technology giant will have to improve the American company's culture

    January 20, 2018 12:22 pm JST
  • Trump administration says US mistakenly backed China WTO accession in 2001

    WASHINGTON (Reuters) -- The United States mistakenly supported China's membership of the World Trade Organization in 2001 on terms that have failed to force Beijing to open its economy, the Trump administration said on Friday as it prepares to clamp

    January 20, 2018 08:31 am JST
  • Exclusive

    Japan in talks over bid for UK uranium powerhouse

    TOKYO -- The Japanese government has entered into negotiations to acquire U.K.-based Urenco, a major European producer of enriched uranium, in a deal that is expected to be worth several billions of dollars.The state-owned Japan Bank for Internation

    January 20, 2018 07:34 am JST
  • Wall Street ends higher despite govt shutdown threat

    NEW YORK (Reuters) -- Wall Street rose on Friday, led by gains in consumer stocks, even as a possible government shutdown loomed.The S&P 500 and the Nasdaq hit record closing highs, while the Dow ended the day higher after trading in a narrow range.

    January 20, 2018 06:51 am JST
  • Interview

    DowDuPont targets Asia for making specialized chemicals: chief

    NEW YORK -- DowDuPont, born last September from the merger of U.S. titans Dow Chemical and DuPont, sees Asian markets as crucial for building fine chemicals, the new entity's executive chairman told The Nikkei.The merged company targets the first ha

    January 20, 2018 06:44 am JST
  • Pentagon puts countering China, Russia at center of US defense strategy

    WASHINGTON (Reuters) -- The U.S. military has put countering China and Russia at the heart of a new national defense strategy unveiled on Friday, the latest sign of shifting American priorities after more than a decade and a half of focusing on the

    January 20, 2018 04:23 am JST
  • Kawasaki Heavy poised to win massive order for NYC subway cars

    TOKYO -- Kawasaki Heavy Industries appears likely to receive orders to build about 1,600 cars for New York City's subways, topping international rivals to snare what would rank among the company's most valuable projects ever.The Japanese heavy equip

    January 20, 2018 03:25 am JST
  • Dai-ichi Life to buy Liberty Life retail operations

    TOKYO -- Japan's Dai-ichi Life Holdings plans to acquire the individual life insurance and annuity business of Liberty Life Assurance Co. of Boston for about $1.2 billion in hopes of boosting earnings at home and abroad.An official announcement coul

    January 20, 2018 03:03 am JST
  • Vietnam's Nutifood takes aim at US market with baby formula

    HO CHI MINH CITY -- Nutifood, Vietnam's leading private diary company, on Thursday signed a contract with an American distributor to sell its Pedia Plus infant formula line in the U.S., in an effort to tap one of the world's most challenging markets

    January 20, 2018 01:33 am JST
  • Trump's Asian successes and failures after one year in office

    TOKYO -- U.S. President Donald Trump on Saturday will mark his first year in office -- a tenure that has so far seen rising fears of trade wars, an escalating missile crisis with North Korea, deepening dismay at his endless gaffes and his country's

    January 20, 2018 12:21 am JST
  • Samsung denies 'planned obsolescence' allegation

    SEOUL -- Samsung Electronics on Friday denied an allegation that the tech conglomerate intentionally slowed down its smartphones and other devices through software updates, raised by the Italian antitrust authority.The South Korean tech conglomerate

    January 19, 2018 10:02 pm JST
  • Japan refutes US denial about controversial helicopter flight

    TOKYO (Kyodo) -- The Japanese government on Friday doubled-down on its accusation that the U.S. Marine Corps flaunted safety concerns by flying helicopters above a school near a U.S. air base in Okinawa, despite U.S. military denials."In the video f

    January 19, 2018 10:02 pm JST
  • Google announces patent agreement with Tencent amid China push

    BEIJING (Reuters) -- Alphabet Inc's Google has agreed to a patent licensing deal with Tencent Holdings Ltd as it looks for ways to expand in China where many of its products, such as app store, search engine and email service, are blocked by regulat

    January 19, 2018 06:05 pm JST
  • Singapore's Wuthelam demands majority on Nippon Paint board

    TOKYO -- Wuthelam Group, the top shareholder of Nippon Paint Holdings, has demanded a majority on the board of the Japanese coatings maker, a move likely to spark a battle with management at the annual shareholders meeting in March.Singapore's paint

    January 19, 2018 03:16 pm JST