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  • Series of trials on AUM Shinrikyo cult to end

    TOKYO (Kyodo) -- The series of trials involving the AUM Shinrikyo cult group that conducted the deadly sarin nerve gas attack on the Tokyo subway system in 1995 is close to ending after the Supreme Court rejected an appeal by a former group member.T

    January 19, 2018 06:28 pm JST
  • Japanese government upgrades economic view, first time in 7 months

    TOKYO (Reuters) -- The Japanese government raised its assessment of the economy in January for the first time in seven months due to rising consumer spending, an encouraging sign that inflation could start to pick up this year."Japan's economy is gr

    January 19, 2018 06:17 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
  • Shareholders likely behind Japanese contractor admitting antitrust violation

    TOKYO -- Obayashi, a leading Japanese construction company, admitted breaching antitrust laws in bidding for contracts for a new high-speed train project, with the voluntary nature of its disclosure meaning it will likely escape any fine.The company

    January 19, 2018 03:10 pm JST
  • Wheat-fed Canadian pork catches on in Japan

    TOKYO -- Canadian pork is gaining popularity in Japan, thanks to wheat-based feed and breeding that produces meat that suits Japanese tastes, as well as its high meat yield.Japan's imports of Canadian chilled pork are at record levels, up 150% over

    January 19, 2018 03:00 pm JST
  • Japan, France to hold ministerial security talks on Jan. 26

    TOKYO (Kyodo) -- Japan and France will hold talks between their foreign and defense ministers in Tokyo on Jan. 26 to strengthen defense ties and work together on restraining North Korea's nuclear and missile ambitions, Japanese Defense Minister Itsu

    January 19, 2018 01:36 pm JST
  • Tokyo to host 2-day TPP talks from Monday: minister

    TOKYO (Kyodo) -- Japanese economy minister Toshimitsu Motegi said Friday that Tokyo will host a two-day conference of top negotiators of the remaining 11 signatories to the Trans-Pacific Partnership free trade deal from next Monday.With the aim of s

    January 19, 2018 12:19 pm JST
  • Share houses for foreign students part of JR plan to reuse land

    TOKYO -- Japan's largest railway operator, East Japan Railway, or JR East, plans to start operating shared residences for foreign students as part of a project to make the most of unused properties, and in line with the government's target of having

    January 19, 2018 11:45 am JST
  • SoftBank is now Uber's largest shareholder as deal closes

    SAN FRANCISCO (Reuters) -- A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridde

    January 19, 2018 10:48 am JST
  • Tepco resumes probe inside damaged Fukushima No. 2 reactor

    TOKYO (Kyodo) -- The operator of the Fukushima Daiichi nuclear power plant resumed Friday a survey of the crippled No. 2 reactor using a telescopic arm, hoping to obtain images of melted nuclear fuel.Tokyo Electric Power Company Holdings aims to inv

    January 19, 2018 09:18 am JST
  • Pulp prices soaring on tight supply and brisk Chinese demand

    TOKYO -- Pulp prices are surging as growing Chinese demand combines with a tight supply, sending December shipment prices to Japan near record highs after rising over 20% in three months.North American needle bleached kraft pulp, often used in produ

    January 19, 2018 07:25 am JST
  • Itochu's bet on Citic preventing beloved chief's retirement

    TOKYO -- The president of Itochu, Masahiro Okafuji, is a dynamic leader who unleashed rapid profit growth at the trading company through aggressive business reform. And after eight years under his leadership, the company is not quite ready to let hi

    January 19, 2018 07:24 am JST
  • Retail brand Muji opens first hotel with China site

    TOKYO -- Ryohin Keikaku expanded the Muji brand name into the hotel business Thursday with the opening of lodgings in Shenzhen, as the Japanese household goods purveyor seeks a stronger presence in its focus market of China.The Muji hotel in souther

    January 19, 2018 07:06 am JST
  • Coal backlash creates energy dilemma in Southeast Asia

    BANGKOK -- Southeast Asian governments are finding themselves caught between pressure to meet regional power demands and backlash from citizens fearing the environmental effects of coal-fired electrical plants.How these growing economies will resolv

    January 19, 2018 07:00 am JST
  • Arthur Herman

    Japan defense industry needs security boost

    Japan's bid to tighten military cooperation with Australia is only the latest of the giant strides it has made in the past three years in becoming a full partner in building collective security in the Asia-Pacific region.Prime Minister Shinzo Abe, w

    January 19, 2018 07:00 am JST
  • Flea market app Mercari eyes June listing in Tokyo

    TOKYO -- Flea market app operator Mercari looks to list on the Tokyo Stock Exchange's Mothers market for startups in June in what could be a big initial public offering.The marketplace for secondhand goods is one of only a few Japanese "unicorns" --

    January 19, 2018 06:40 am JST
  • Japan's Toppan to make advanced chip-printing tech in China

    TOKYO -- Toppan Printing will make high-grade photomasks, used in printing semiconductor circuits, in China beginning in fiscal 2018, aiming to speed up deliveries there as the country gains prominence in the global chipmaking industry.Photomasks ar

    January 19, 2018 06:36 am JST
  • Japan Post readies services catering to foreign tourists

    TOKYO -- Aiming to help the growing ranks of travelers from abroad, Japan Post will soon offer automated language translation at post offices as well as services to take care of luggage.The automated translator will debut in April at all 20,000 or s

    January 19, 2018 06:00 am JST
  • Toyota to halve costs of fuel cell cars' core components

    NAGOYA, Japan -- Facing tepid demand for hydrogen fuel cell vehicles due to their high price tags, Toyota Motor plans to slash the cost of the key components of the zero-emission cars by more than half for a new model slated to launch in 2020 or lat

    January 19, 2018 05:27 am JST
  • Japan pension giant seen posting $56bn quarterly return

    TOKYO -- Japan's Government Pension Investment Fund apparently earned a roughly 6.3 trillion yen ($56.7 billion) profit on its investments in the three months through December thanks to a broad rally in global stocks.The estimate by Masahiro Nishika

    January 19, 2018 05:26 am JST