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  • European investors drove Tokyo stock rally in October

    TOKYO -- Investors from Europe played a prominent role in fueling the strong upturn in Japanese stocks last month.European investors purchased 2 trillion yen ($17.8 billion) more of Japanese shares than they sold in October, becoming net buyers for

    November 21, 2017 03:10 am JST
  • Japanese business delegation visits China in trade outreach

    BEIJING -- A joint delegation of three Japanese business groups opened talks here Monday with Chinese counterparts to discuss cooperation between the two countries' private and public sectors amid a transforming international order."Japan and China'

    November 21, 2017 03:06 am JST
  • Murata eyes new Japanese ceramic materials plant in 2019

    OSAKA -- Murata Manufacturing will open another plant in Japan to produce ceramic material used in capacitors, as demand rises for the increasingly vital smartphone component.Construction of the 10 billion yen ($89.2 million) factory should be compl

    November 21, 2017 02:49 am JST
  • Hitachi to make electric-vehicle motors in China

    TOKYO -- Japanese technology group Hitachi will turn out electrified-automobile motors in China as soon as fiscal 2020, aiming to capitalize on a government initiative there to boost production of environmetally friendly vehicles.Hitachi Automotive

    November 21, 2017 02:49 am JST
  • Japanese exports to China hit monthly record on chipmaking tech

    TOKYO -- Japan's exports to China are on the rise thanks to strong demand for smartphone-related chipmaking equipment, but some are concerned that this engine of the domestic economy is starting to overheat.Total Japanese exports in October increase

    November 21, 2017 02:24 am JST
  • Mitsui investing in Dubai-based agricultural trader

    TOKYO -- Japanese trading house Mitsui & Co. will pour some 30 billion yen ($267 million) into farm-product trader ETC Group of Dubai under a deal announced Monday, aiming to expand non-resource-related business in Africa.The company, known as ETG,

    November 21, 2017 02:13 am JST
  • Japan Atomic Power to seek lifespan extension for aging plant

    TOKYO -- Japan Atomic Power will apply to extend the operating life of the reactor at its 39-year-old Tokai No. 2 nuclear plant, a matter that could affect the survival of a company whose power plants have all been shut down.The 1.1-gigawatt plant i

    November 21, 2017 02:12 am JST
  • Japan's Asahi Glass hiking caustic soda prices as export rates soar

    TOKYO -- Asahi Glass will raise prices on caustic soda -- used in papermaking and a variety of other industries -- by 30-40% to more closely match the going Asian rates as domestic demand for the versatile chemical climbs.The Japanese company began

    November 21, 2017 01:01 am JST
  • Seven-Eleven Japan joins SoftBank bike-sharing service

    TOKYO -- Seven-Eleven Japan intends to use many of its convenience stores as hubs for a bike-sharing business run by SoftBank Group, as the chain employs its well-positioned network to give the service a leg up on Chinese rivals that have gotten a h

    November 21, 2017 12:40 am JST
  • L'Occitane 'bullish' on China in tough global retail market

    HONG KONG -- L'Occitane International, the French cosmetics and personal-care products company, said it was optimistic on its outlook for mainland China, despite what it called a "challenging" global retail environment."We're still very bullish on C

    November 20, 2017 10:56 pm JST
  • Softbank uses smart robots to tackle Japan's labor shortage

    TOKYO -- With a growing economy and aging population, Japan is suffering from a worsening labor shortage. The jobs-to-applicants ratio for September was 1.52 on a seasonally adjusted basis, the highest since 1974. There may be no immediate cure for

    November 20, 2017 04:32 pm JST
  • BOJ watch

    BOJ's Kuroda cites side effects of aggressive monetary easing

    TOKYO -- More than four years after the Bank of Japan introduced its aggressive policy of quantitative and qualitative monetary easing, Gov. Haruhiko Kuroda has started discussing the side effects, such as pressure on the profit margins of financial

    November 20, 2017 03:40 pm JST
  • Japan's 70-somethings: Ready spenders with deep pockets

    TOKYO -- Japan's aging society poses problems, but is not without opportunities for spurring economic growth, especially when considering the needs -- and spending habits -- of people in their seventies.Most in this age group no longer have parents

    November 20, 2017 01:30 pm JST
  • Hokkaido fishing nets fail to discriminate against bluefin

    TOKYO -- Unexpectedly large numbers of Pacific bluefin tuna have been winding up in nets set off Hokkaido, raising concerns that Japan will exceed its quota for the endangered fish.The prized fish are being caught in fixed nets placed for salmon, ye

    November 20, 2017 12:00 pm JST
  • Japan logs 5th straight month of trade surplus in Oct.

    TOKYO (Kyodo) -- Japan logged a goods trade surplus of 285.36 billion yen ($2.5 billion) in October, its fifth straight month of black ink, amid robust exports to China and the rest of Asia, government data showed Monday. The trade surplus, however,

    November 20, 2017 11:51 am JST
  • Japanese employees need to be encouraged to report misconduct

    HONG KONG -- Japanese employers should encourage staff not to be subservient and speak up when they see unlawful behavior at work, a crisis management expert said, following recent cases of fraud at some of the country's biggest companies.Kobe Steel

    November 20, 2017 11:00 am JST
  • Japan Display shifts focus to custom-made auto LCD panels

    TOKYO -- Japanese LCD display maker Japan Display announced in October that it will boost its automotive panel sales by 60% to around 150 billion yen ($1.32 billion) over the next three years.Yoshiyuki Tsukizaki, executive officer of Japan Display,

    November 20, 2017 08:15 am JST
  • Not-so-young Honda makes new friends to drive innovation

    TOKYO -- In an age where rapid technological change is the norm, going it alone can be difficult. Honda Motor, known for its independent streak, seems to have taken this lesson to heart.The Japanese automaker announced Thursday that it is jointly de

    November 20, 2017 07:45 am JST
  • Toshiba looks to raise more than $5bn, end risk of delisting

    TOKYO -- Toshiba's board of directors decided to raise some 600 billion yen ($5.35 billion) in capital, the Japanese electronics maker said Sunday, in a move to ensure that the company remains listed if plans to sell its memory chip unit do not proc

    November 20, 2017 05:38 am JST
  • Japan defense chief to visit US anti-missile test site

    TOKYO -- Japanese Defense Minister Itsunori Onodera will visit a test site in Hawaii for the Aegis Ashore missile defense system during his January trip to the U.S. for a meeting with American counterpart Jim Mattis in Washington to discuss the Nort

    November 20, 2017 05:28 am JST