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  • Weeks and Louie

    Japanese edge over Chinese buyers in M&A may be fleeting

    While a steep slowdown in overseas acquisition activity by Chinese companies has been making headlines this year, Japanese companies have been quietly accelerating their own dealmaking. Their window of opportunity however may be temporary.Internal p

    July 25, 2017 06:00 pm JST
  • Japan aims to cut suicide rate by 30% in 10 yrs

    TOKYO(Kyodo) -- The Japanese government on Tuesday approved a plan to drastically reduce the number of suicides in the next decade, saying the country's suicide level remains "critical."The guideline, reviewed for the first time in five years, aims

    July 25, 2017 01:27 pm JST
  • Legal barrier hobbles esports in game-crazy Japan

    TOKYO -- Japan is warming to esports -- multiplayer video-game competitions that can draw big crowds and offer cash prizes -- but industry insiders say legal barriers are keeping a potentially major industry in the minor leagues.Esports -- short for

    July 25, 2017 01:00 pm JST
  • Fancy a siesta? Tokyo capsule hotel offers three-hour stays

    TOKYO -- A planned capsule hotel in Tokyo will target not only overnight guests but also women seeking a place to take a quick nap during the day, by allowing a minimum length of stay of three hours.Tokyo-based internet cafe operator Bagus will open

    July 25, 2017 11:00 am JST
  • Japan's mayonnaise king has an egg whites problem

    TOKYO -- Kewpie, whose mayonnaise made it famous in Japan, is both succeeding and struggling overseas.Its China operations are going well, but a North American unit has a big problem.The operating loss at an egg whites powder business in North Ameri

    July 25, 2017 09:51 am JST
  • Comfort women deal breaking apart at the seams

    SEOUL -- The new South Korean government continues playing to popular ire over a 2015 agreement with Japan on the issue of wartime "comfort women," shaking the foundations of an accord designed to put the long-standing hindrance to smoother bilatera

    July 25, 2017 09:02 am JST
  • Didi, SoftBank aim to encircle Uber with Grab funding

    CHONGQING -- The race to capitalize on Southeast Asia's tech-driven sharing economy is sizzling as Didi Chuxing and SoftBank Group move to push back against U.S. titan Uber Technologies in their backyard with their new $2 billion investment in Grab,

    July 25, 2017 08:00 am JST
  • Mitsubishi Tanabe to buy Israeli bioventure for $1.1bn

    OSAKA -- Mitsubishi Tanabe Pharma will purchase Israeli drugmaker NeuroDerm for $1.1 billion, the Japanese company said Monday, aiming to advance its international expansion.The Nasdaq-listed bioventure will become a fully owned subsidiary of Mitsub

    July 25, 2017 07:26 am JST
  • Tokyo-Okinawa row over US base relocation returns to court

    TOKYO -- Okinawa filed a lawsuit Monday to block the contentious relocation of a U.S. military base, reigniting a legal battle in which the central government so far has held the upper hand.Tokyo has been working to move the Futenma air station from

    July 25, 2017 07:09 am JST
  • Japan to keep reduced tariffs on imports from China, Brazil

    TOKYO -- Japan's Finance Ministry plans to expand the preferential tariff program as early as fiscal 2019 to prevent a spike in import levies on goods from China and other key trade partners.The expansion would cover roughly 600 items from emerging

    July 25, 2017 06:45 am JST
  • Chinese crude steel output hit record in January-June

    TOKYO -- China produced a record amount of crude steel in the first half of this year amid brisk investments in real estate and public works.But observers around the world are increasingly worried that a slowdown in the Chinese economy and import re

    July 25, 2017 06:40 am JST
  • Independents have their day as Abe's support sinks

    TOKYO -- Allegations of political favoritism are breeding deep public dissatisfaction with Japanese Prime Minister Shinzo Abe's cabinet, sending disapproval ratings surging and increasing the ranks of voters identifying themselves as independents.Te

    July 25, 2017 06:40 am JST
  • Revamped Tibor makes lackluster debut amid thin interbank trading

    TOKYO -- A new method for calculating Tokyo interbank offered rates took effect Monday that aims to more accurately reflect shifts in the short-term lending market -- though slack trading meant the benchmarks failed to budge yet again.The revamped f

    July 25, 2017 05:53 am JST
  • Japan's supermarkets make slow recovery as consumers polarize

    TOKYO -- Sales at Japan's supermarket chains lag a broader retail recovery as they struggle to adjust to a widening split between consumers looking to economize and the confident but fewer well-heeled shoppers.Existing-store supermarket sales fell 1

    July 25, 2017 05:50 am JST
  • Self-driving Toyotas to roam city streets by mid-2020s

    NAGOYA -- Toyota Motor aims to introduce autonomous vehicle technology that can handle complex city driving in the first half of the next decade to keep up with competition while ensuring safety.Before rolling out such vehicles, the leading Japanese

    July 25, 2017 04:48 am JST
  • Exclusive

    JAL teaming with local low-cost leader to take on Vietnam

    HANOI -- Japan Airlines will partner with Vietjet Aviation to rebuild its presence in Vietnam, joining a trend of Southeast Asian collaborations between conventional and low-cost carriers.The arrangement includes code-sharing and the ability to tran

    July 25, 2017 04:41 am JST
  • Earnings preview

    Competition with budget carriers seen weighing on Docomo

    TOKYO -- NTT Docomo's group operating profit probably sank nearly 10% on the year to around 280 billion yen ($2.51 billion) for the April-June quarter as the Japanese wireless provider rolled out bargain plans to retain customers tempted by low-cost

    July 25, 2017 04:28 am JST
  • Bumper Q1 seen for Japanese capital goods makers

    TOKYO -- As the quarterly earnings season gets into full swing here this week, optimism is running high for profit growth at suppliers of factory robots and other production equipment amid a rise in overseas capital spending."We're likely to see lot

    July 25, 2017 04:19 am JST
  • Tokyo leads in global patent filings

    TOKYO -- Inventors and companies based in the Tokyo-Yokohama metropolitan area filed the most international patent applications in the five years through 2015, surpassing technology hubs in the U.S. and China.The World Intellectual Property Organiza

    July 25, 2017 04:16 am JST
  • Japan develops stronger appetite for US rice

    TOKYO -- Japanese imports of American rice are sharply increasing due to higher prices for homegrown varieties used by restaurants, a result of government measures to prop up domestic rice prices by reducing supplies.Japan caps imports of foreign ri

    July 25, 2017 03:23 am JST