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  • Following Europe, automakers steer toward all-electric future

    LONDON -- As more countries in Europe and elsewhere throw their weight behind electric vehicles and hybrids, automakers have begun to rework their own production strategies, lest they miss out on a technological wave set to define the future of tran

    July 27, 2017 05:14 am JST
  • R&D budgets in Japan soaring to record-breaking levels

    TOKYO -- After years of corporate savings, Japan Inc. is finally plowing significant amounts of cash into research and development in growth fields where information technology merges with machines.About 40% of major Japanese corporations are likely

    July 27, 2017 05:05 am JST
  • Japan Market Pulse

    Tokyo retail investors starving for dips to buy

    TOKYO -- Retail investors here are hunting fruitlessly for opportunities to plow their ample capital gains back into stocks, hampered by tempered price movements apparently stemming from the Bank of Japan's mass purchases of exchange-traded funds an

    July 27, 2017 04:44 am JST
  • Japan's life insurers curb enthusiasm on foreign bonds

    TOKYO -- Japanese life insurers have turned hesitant toward plans to invest heavily in foreign bonds this fiscal year, as yields remain limited while the costs of covering currency exchange risks have grown.Net foreign securities purchases by life i

    July 27, 2017 03:56 am JST
  • Japan may tax foreign visitors to spruce up tourist sites

    TOKYO -- The Japanese government is exploring the idea of introducing a tax on foreign visitors to raise funds that would help pay for improvements at tourist attractions.Historic houses, national parks and cultural assets are among the sites in reg

    July 27, 2017 03:51 am JST
  • Earnings preview

    Nippon Express' pretax profit seen up 20% on air freight sales

    TOKYO -- Nippon Express will likely log a 20% jump in pretax profit to over 16 billion yen ($142 million) in the April-June quarter, thanks to strong demand for air cargo shipments and a change in depreciation method.Sales apparently climbed 5% to a

    July 27, 2017 02:57 am JST
  • Abe's reshuffle will aim to push constitution and trade agenda

    TOKYO -- When Prime Minister Shinzo Abe reorganizes his cabinet and party leadership next month, he is likely to focus on posts that will advance his planned constitutional changes and economic agenda in order to assert his political authority to re

    July 27, 2017 02:57 am JST
  • Chiyoda, partners to bring hydrogen to Japan's power plants

    TOKYO -- Chiyoda Corp. and other leading Japanese corporations are looking to import hydrogen from Brunei for power generation starting in 2020, using a chain of processes designed to slash the usually large cost of transporting the gas.Hydrogen doe

    July 27, 2017 02:21 am JST
  • Exclusive

    Apple supplier Japan Display seeks $900m in bank aid

    TOKYO -- Money-losing Japan Display has asked its main creditors for around 100 billion yen ($893 million) to finance an ongoing turnaround effort as it faces a potentially formidable threat to its mainstay technology.The Tokyo-based manufacturer of

    July 27, 2017 02:01 am JST
  • Earnings preview

    SBI profit seen up 40% on brisk brokerage business

    TOKYO -- SBI Holdings' group operating profit likely climbed more than 40% year on year in the April-June quarter thanks to strong showings in the brokerage unit and at a South Korean banking subsidiary.The Tokyo-based financial services group appar

    July 27, 2017 02:01 am JST
  • Toshiba closer to brink of delisting as memory sale stalls

    TOKYO -- Progress is still elusive on talks to sell Toshiba's flash memory unit, putting the beleaguered conglomerate at greater risk of delisting as delays threaten to push the sale -- a vital source of cash -- beyond the fiscal year's end.Toshiba'

    July 27, 2017 02:00 am JST
  • Daiwa Securities to acquire pair of US-based advisory firms

    TOKYO -- Japan's Daiwa Securities Group is making further inroads abroad into mergers and acquisitions advisory services, with plans to spend a combined $100 million or more to place two U.S.-based players under its wing.The company will announce as

    July 27, 2017 02:00 am JST
  • Japan's Mizuho Bank on verge of replacing crash-prone system

    TOKYO -- Mizuho Bank's new integrated core banking system is finally on the verge of completion and ready to be phased in starting next fiscal year, 18 years on from the merger that created the Japanese banking group but left its digital plumbing pr

    July 27, 2017 01:35 am JST
  • ASEAN AT 50

    ASEAN integration evolved with auto industry's value chain: Nissan ex-COO

    TOKYO -- Automobiles have become a key industry among members of the Association of Southeast Asian Nations, with over 3 million new cars sold in 2016. Behind this expansion in the past decades has been the region's efficient division of labor. In a

    July 26, 2017 08:00 pm JST
  • Future of luxury lies online in China

    TOKYO -- The experience of buying luxury goods should be much more than a click of a button, say -- or at least said -- many store clerks at high-end brand stores.But for many Chinese -- the world's biggest spenders on luxury goods -- visiting a bou

    July 26, 2017 06:09 pm JST
  • Nintendo makes investors rich, little boys cry

    TOKYO -- Nintendo seems to have found a savior for its console business. So popular is its new Switch that the gaming company cannot catch up with demand for the portable-meets-home console. Ever since the Switch was launched around the world in Mar

    July 26, 2017 04:47 pm JST
  • Deflationary mindset still hindering 2% inflation: BOJ deputy chief

    HIROSHIMA (Kyodo) -- The Bank of Japan's deputy chief said Wednesday a widespread deflationary mindset in Japan continues to hamper the central bank's efforts to realize its 2 percent inflation goal.But price increases will eventually pick up as bus

    July 26, 2017 03:06 pm JST
  • Japan to trigger safeguard tariffs on US frozen beef

    TOKYO -- The Japanese government intends to trigger an import safeguard mechanism on frozen beef from the U.S. starting August 1, after volumes exceeded the specified levels, The Nikkei can reveal.The levy on such products, currently 38.5%, will be

    July 26, 2017 02:15 pm JST
  • Fodder producer Feed One fattens up Vietnam production

    TOKYO -- Major Japanese livestock feed producer Feed One will raise production capacity by 50% at its plant in Vietnam, with plans to offer chicken and swine feeds that are easier to eat than traditional products and can lead to shorter raising peri

    July 26, 2017 01:42 pm JST
  • Japan's electronic-parts makers flying high on smartphone tailwinds

    OSAKA -- Orders for electronic parts at six leading Japanese suppliers rose roughly 15% on the year in value terms in the April-June period, thanks to brisk demand linked to smartphones, automobiles and popular game consoles.The Nikkei compiled the

    July 26, 2017 01:11 pm JST