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  • Trump's steel and aluminum tariffs take effect

    WASHINGTON/TOKYO -- Brushing aside international outcries, Donald Trump has let his controversial steel and aluminum tariffs take effect. The U.S. president says the import taxes will help his country reduce its trade deficit and create American job

    March 23, 2018 03:23 pm JST
  • Japan's Feb core inflation rises 1.0% on year

    TOKYO (Kyodo) -- Underlying inflation in Japan edged up in February, the government said Friday, but the slow pace of gains suggests the Bank of Japan has some way to go before unwinding its aggressive monetary stimulus.The core consumer price index

    March 23, 2018 12:42 pm JST
  • Hopes for smoke-free Tokyo Olympics nearly snuffed out

    TOKYO -- Japan's capital has a reputation as a smoker's paradise, and despite the governor's tough talk of a crackdown, this looks unlikely to change much before the 2020 Tokyo Olympics.A campaign to make the games smoke-free is fizzling out, as Gov

    March 23, 2018 12:20 pm JST
  • China unveils retaliatory measures against Trump's tariff threats

    BEIJING/WASHINGTON -- China on Friday announced plans to impose tariffs on $3 billion worth of imports from the U.S., in apparent retaliation to U.S. President Donald Trump ordering levies on a range of imports from China. Beijing urged the U.S. to

    March 23, 2018 12:11 pm JST
  • Complaint filed on 4 maglev contractors over bid-rigging in Japan

    TOKYO (Kyodo) -- The Japan Fair Trade Commission on Friday filed a criminal complaint against four major Japanese contractors for their alleged involvement in bid-rigging over a Tokyo-Osaka maglev train link.The antimonopoly body lodged the complain

    March 23, 2018 11:16 am JST
  • Japan warns Hong Kong-based crypto exchange

    TOKYO -- Japan's Financial Services Agency announced on Friday that it has warned a Hong Kong-based company believed to be the world's biggest cryptocurrency exchange operator.The company, Binance, has been operating in Japan without a license. The

    March 23, 2018 10:52 am JST
  • Stocks slide, bonds and yen gain on Trump's China tariffs

    TOKYO (Reuters) -- Stock markets slid and perceived havens such as government bonds and the yen gained on Friday as investors rushed to safety after U.S. President Donald Trump announced long-promised tariffs on Chinese goods, stoking fears of a glo

    March 23, 2018 10:50 am JST
  • Coincheck hackers inch closer to cash-out

    TOKYO -- The 58 billion yen ($550 million) in virtual currency stolen from a Japanese exchange operator in January appeared to have been more or less completely laundered as of Thursday, after an effort to track it was dropped.Analysis of online tra

    March 23, 2018 09:20 am JST
  • Dollar falls to 104 yen zone in Tokyo on US-China trade woes

    TOKYO (Kyodo) -- The U.S. dollar slipped to the upper 104 yen range early Friday in Tokyo, hitting its lowest level since November 2016, amid growing concerns over escalating U.S.-China trade tensions.At 9 a.m., the dollar fetched 104.97-98 yen comp

    March 23, 2018 09:14 am JST
  • Abe's party set to pursue changes to war-renouncing charter

    TOKYO -- Prime Minister Shinzo Abe's party is poised to propose constitutional revisions that would enshrine the nation's armed forces into the charter but retain its war-renouncing pledge, a product of compromise focused on not alienating a skeptic

    March 23, 2018 07:49 am JST
  • US and Japanese companies on share buyback spree

    TOKYO -- Seeing last month's market declines as an opportunity to get a good deal on their own shares, companies in Japan and the U.S. are buying back stock at a rapid clip.Markets around the world plunged in February after U.S. jobs data for Januar

    March 23, 2018 03:49 am JST
  • Interview

    Morgan Stanley eager to grow in increasingly open China

    NEW YORK -- Morgan Stanley looks to take control of its Chinese joint securities venture as Beijing relaxes rules on foreign ownership, said Chairman and CEO James Gorman, who sees "many, many years of strong growth" to come in the world's second-la

    March 23, 2018 02:50 am JST
  • BOJ should adjust policy when inflation tops 1%: JCER poll

    TOKYO -- The Bank of Japan should modify its monetary policy when the inflation rate holds steady above 1%, a plurality of private economists said in the latest poll by the Japan Center for Economic Research.Twenty out of 40 private sector economist

    March 23, 2018 01:30 am JST
  • Japan's opposition lawmakers to interview detained man involved in land sale scandal

    TOKYO (Kyodo) -- Japan's opposition lawmakers said Thursday they have been granted permission by a court to interview the former head of a school operator indicted for subsidy fraud, as part of their Diet probe into a cronyism scandal linked to Prim

    March 23, 2018 12:12 am JST
  • New Asian importers shaking up world LNG market

    TOKYO -- The Asian market for liquid natural gas is being transformed as Thailand, Pakistan and others join the ranks of importers and consumption grows rapidly in China and India, resulting in a fundamental shift in a market that had long been domi

    March 22, 2018 03:45 pm JST
  • Bike-sharing boom in Japan a prelude to online payment war?

    TOKYO -- Bike-sharing via smartphone apps is on a roll in Japan, with flea market app Mercari, messaging app Line and Yahoo Japan having entered the market in the last six months.So why are online technology companies so keen on bike-sharing?Analysi

    March 22, 2018 02:30 pm JST
  • Japan Inc. scrambles to find female executives

    TOKYO -- Four out of five listed companies in Japan have no women on their boards of directors. This puts the country in company with Saudi Arabia, South Korea and the United Arab Emirates as one of the worst when it comes to diversity.Granted, Japa

    March 22, 2018 02:00 pm JST
  • Japanese pop culture fandom spreads in Myanmar

    YANGON -- Japanese pop culture is taking root in Myanmar, with big-name acts like AKB48 wowing crowds and manga styles influencing the comic scene.This is no accident. Active public-private cooperation is watering those roots. Japan's government and

    March 22, 2018 01:15 pm JST
  • Where 'Made in Japan' went wrong, and how to fix it

    TOKYO -- Hoping to repair its tarnished reputation, Kobe Steel unveiled a new system to record all testing and inspection data at its aluminum rolling plant in Moka, Tochigi Prefecture, one of the largest in Japan."The new system leaves absolutely n

    March 22, 2018 12:30 pm JST
  • US seeks bilateral FTA with Japan

    WASHINGTON -- The U.S. hopes to negotiate a bilateral free trade agreement with Japan, U.S. Trade Representative Robert Lighthizer said in congressional testimony Wednesday.Lighthizer told the House Ways and Means Committee that he will negotiate a

    March 22, 2018 10:56 am JST