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  • Japan's stimulus to target regional economies, housing market

    TOKYO -- Japanese Prime Minister Shinzo Abe plans to unleash an array of stimulus measures to keep the economy humming after a temporary slowdown caused by a sales tax hike, focusing on regional economies and the housing market. Taking a big hit

    August 14, 2014 06:20 am JST
  • Chinese censorship hindering Line's ambition to become No. 1

    BEIJING -- Line's hope of becoming the most popular messaging service in the world could be derailed by an ongoing service disruption in China, where authorities are stepping up their control of information. Users of the mobile messaging app in

    August 14, 2014 06:04 am JST
  • Japanese stock investment trusts bulge to record high

    TOKYO -- Total net assets of stock investment trusts in Japan marked an all-time high at the end of July at 70.09 trillion yen ($678 billion) on the growing popularity of trusts investing abroad. It topped the previous record of 69.06 trillion y

    August 14, 2014 06:01 am JST
  • Russia tries to shake Japan's resolve on sanctions

    MOSCOW -- Russia has deployed troops and military hardware to the Kuril Islands for drills that seem calculated to make Japan, which claims the southern tail of the archipelago, think twice about its support for the West's tough line on Ukraine.

    August 14, 2014 04:55 am JST
  • Japan's Aeon to double stores that offer duty-free shopping

    TOKYO -- Japanese retail chain Aeon plans to double the number of stores that accept duty-free purchases by October, when new regulations will kick in expanding the list of goods foreigners can buy without paying the consumption tax. Aeon curren

    August 14, 2014 04:41 am JST
  • Japanese food purveyors rethink Chinese takeout: poll

    TOKYO -- In light of a recent food safety scandal in China, a third of Japanese companies that handle food intend to lower their intake from that country, according to a Nikkei survey. The survey was conducted in late July, after reports surface

    August 14, 2014 04:38 am JST
  • Dai-ichi Life turning into activist shareholder

    TOKYO -- Dai-ichi Life Insurance will spell out how it voted at this year's general meetings of the companies it partly owns, becoming the first major Japanese life insurer to do so. "Other life insurers may criticize our move as something unnec

    August 14, 2014 04:35 am JST
  • H-IIA rocket's greater burn to lend satellites longer life span

    TOKYO -- Mitsubishi Heavy Industries and the Japan Aerospace Exploration Agency have modified the H-IIA rocket so satellites lifted on the launch vehicle do not need to burn as much fuel to reach their orbits, meaning they can operate longer once up

    August 14, 2014 03:36 am JST
  • Japan's economy to recover from tax hike, resume mild growth

    TOKYO -- The Japanese economy will likely return to moderate growth on stronger corporate and consumer spending in the second half of this year, bouncing back from a April-June decline caused by a consumption tax hike, private-sector economists say.

    August 14, 2014 03:24 am JST
  • Risk-averse investors chase domestic-oriented companies in Tokyo market

    TOKYO -- Domestic-demand-led issues, such as real estate and food companies, rose Wednesday in Tokyo as investors pursued businesses that tend to be less affected by rising tensions abroad. Many of these companies outperformed the Nikkei index,

    August 14, 2014 03:09 am JST
  • Obayashi to put robots to work in foundation excavation

    TOKYO -- General contractor Obayashi has developed robots that it will use as early as fiscal 2015 to examine foundation excavation work when constructing buildings, in response to a shortage of skilled workers in Japan. At present, large number

    August 14, 2014 02:48 am JST
  • Foreigners see benefits in founder-managed companies

    TOKYO -- Foreign investors are pouring money into Japanese businesses managed by charismatic owners as they see those firms' particular attributes, such as quick decision-making and awareness of shareholder interest, as helping their growth. Tho

    August 14, 2014 02:22 am JST
  • Orix morphing into renewable energy giant

    TOKYO -- Orix plans to expand its renewable energy capacity roughly 12-fold to 1 million kilowatts, which would make it one of the largest players in the field in Japan. The leasing company will invest about 300 billion yen ($2.9 billion) over t

    August 14, 2014 02:00 am JST
  • Marubeni disappoints investors with US food unit's performance

    TOKYO -- Trading house Marubeni reported a record group profit for the April-June term, but investors gave the company the cold shoulder, keeping its shares from a year-to-date high. Market players wanted evidence that the Japanese company's 201

    August 14, 2014 12:08 am JST
  • Weak yen kept Japanese travelers home in January-June

    TOKYO -- The number of Japanese venturing outside the country in January-June shrank 2.9% on the year to 8.01 million, sliding for the third straight six-month period, as the weaker yen made international travel more expensive. The figure has be

    August 14, 2014 12:03 am JST
  • Japan, China still feeling their way toward summit

    NAYPYITAW -- While he agreed on the need to improve bilateral relations, Chinese Foreign Minister Wang Yi was not swayed by his Japanese counterpart Fumio Kishida's push for a summit later this year. The two ministers sat down together on Aug. 9

    August 14, 2014 12:00 am JST
  • Japan's Abe travels the globe to 'outcharm' China

    TOKYO/SAO PAULO -- Japanese Prime Minister Shinzo Abe has compiled an impressive travel log. Since he returned to power in December 2012, he has visited 47 countries. What does he hope to achieve through his diplomatic efforts? Abe says he aims

    August 14, 2014 12:00 am JST
  • Sanctions on Russia could shake global currency regime

    TOKYO -- Economic sanctions slapped on Russia by the U.S. and European nations could in the long run shake the world's dollar-based currency regime, according to various experts on international relations. The European Union on July 31 toughened

    August 14, 2014 12:00 am JST
  • Scott Hetherington: Asia's hotel industry changing, for the better

    Over the course of my 15 years in Asia, I've seen a huge shift in the hospitality industry. When I arrived here in January 2000, the hotel market was similar to Europe's in its early days, more than a decade before. The markets in Europe had bee

    August 14, 2014 12:00 am JST
  • SoftBank's US offensive hits regulatory wall

    TOKYO -- Both Sprint and T-Mobile US realized that joining forces would enable them to mount a serious challenge to America's two leading wireless carriers. But with faint prospects of Sprint's takeover bid clearing antitrust hurdles, the two si

    August 14, 2014 12:00 am JST