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  • Mizuho taps brokerage boss to lead group beyond banking

    TOKYO -- Mizuho Financial Group's appointment of its securities chief as group president underscores a renewed focus on that business as mainstay lending operations struggle under meager margins due to ultra-low interest rates in Japan.Tatsufumi Sak

    January 16, 2018 06:02 am JST
  • Japan's startup index extends winning streak to hit record

    TOKYO -- The Nikkei Jasdaq Stock Average, which tracks shares listed on the Jasdaq market for startups, rallied for an eighth straight day Monday to overtake a 27-year record as investors snapped up shares in such high-growth fields as semiconductor

    January 16, 2018 04:07 am JST
  • Kobe Steel under a klieg light in US over data fakery

    TOKYO -- American auto safety authorities are digging deeper into Kobe Steel's product data falsification scandal and could ultimately impose penalties on the Japanese materials maker.The Japanese company revealed in 2017 that it had doctored qualit

    January 16, 2018 04:02 am JST
  • Chinese submarine near Senkakus ignored warnings, Japan says

    TOKYO -- A Chinese nuclear submarine spotted near the Senkaku Islands on Thursday failed to acknowledge repeated warnings from Japan, Defense Minister Itsunori Onodera said Monday.The vessel sailed through the contiguous zone adjoining Japanese terr

    January 16, 2018 03:54 am JST
  • To spot cancer, Hitachi offers urine test and Shimadzu taps AI

    TOKYO -- Japan's Hitachi has developed technology to detect breast or colon cancer from urine samples, while peer Shimadzu has turned to artificial intelligence to identify malignancies in two minutes. In tests using Hitachi's technology, urine samp

    January 16, 2018 03:39 am JST
  • Japan eyes curbs on excessive shareholder motions

    TOKYO -- Japan may limit the number of resolutions shareholders can submit at annual meetings, as the government eyes legislation intended to promote more constructive dialogue between corporations and investors.The country currently sets no signifi

    January 16, 2018 03:35 am JST
  • Earnings preview

    Japanese developer Hulic seen logging seventh straight record profit

    TOKYO -- Hulic's pretax profit is likely to rise 10% in the year through December 2018, driven by growth in the Japanese real estate group's rental property base.Group pretax profit is seen reaching about 68 billion yen ($614 million) to mark a seve

    January 16, 2018 02:08 am JST
  • Earnings preview

    Murata expects higher margin for first gain in 3 years

    OSAKA -- Murata Manufacturing looks to lift its operating margin to 15% or higher in fiscal 2018 for the first increase in three years, based on an improved production yield for a cutting-edge substrate used in smartphones.The Kyoto-based company ai

    January 16, 2018 02:00 am JST
  • Myanmar steps up preparations for return of Rohingya refugees

    MAUNGDAW, Myanmar -- There was plenty of evidence of chaos and destruction on a recent visit to the village of Pan Taw Pyin in Maungdaw district, in Myanmar's northern Rakhine State. Heaps of smashed wood and ash lay scattered all around. Little mor

    January 15, 2018 09:09 pm JST
  • Japan convenience store chains finding new growth in China's heartland

    CHONGQING/TOKYO -- Japanese convenience store operators who set up shop in China's coastal cities are broadening their inland footprints in a bid to capitalize on economic growth there.At the end of last year, Lawson opened an outlet on the campus o

    January 15, 2018 05:00 pm JST
  • Japan's 2 key opposition parties agree on basic policies to form alliance

    TOKYO (Kyodo) -- Two major opposition parties agreed Monday on their basic policies to form an alliance in the Diet in a move that would make the largest opposition group in both the lower and upper houses.Motohisa Furukawa, secretary general of the

    January 15, 2018 03:17 pm JST
  • Mizuho Financial Group president to step down

    TOKYO -- Mizuho Financial Group on Monday announced that it will replace President Yasuhiro Sato with Mizuho Securities President Tatsufumi Sakai. The decision comes as Sato has successfully overseen structural reforms intended to cut 19,000 jobs by

    January 15, 2018 02:56 pm JST
  • Japanese investors favoring funds betting on AI, big data

    TOKYO -- The Japanese investment trust market is at a turning point as popular monthly-distribution trusts have begun to see a net outflow of funds while artificial intelligence- and big data-oriented funds are attracting investors expecting high gr

    January 15, 2018 02:30 pm JST
  • Vietnam to work with Mitsubishi Motors on electric vehicle R&D

    HANOI -- Vietnam is set to partner with Mitsubishi Motors on research and development of electric vehicles. The country is looking for help nurturing its auto industry, while the Japanese company hopes to gain a slice of the nation's market for envi

    January 15, 2018 01:14 pm JST
  • At Casio, a generational split opens path back to prominence

    TOKYO -- Behind silver-frame glasses and beneath a mop of wavy, graying hair, soft-spoken Casio Computer President Kazuhiro Kashio cuts a far more subdued figure than his charismatic, take-charge father, Chairman Kazuo Kashio.But the intellectual en

    January 15, 2018 01:00 pm JST
  • Exclusive

    SoftBank eyes $18bn IPO for mobile unit

    TOKYO -- SoftBank Group aims to list its mobile phone unit SoftBank Corp. in Tokyo and overseas this year, possibly bringing in some 2 trillion yen ($18 billion), one of the largest initial public offerings ever for a Japanese company.The telecommun

    January 15, 2018 12:44 pm JST
  • Lauren Compere

    Socially responsible Asian companies are a better bet

    Asia's leading economies were in the grip of the worst financial crisis in decades 20 years ago, with stock markets in the four so-called Tiger economies in freefall. At around the same time, investors elsewhere were taking the first steps to integr

    January 15, 2018 11:30 am JST
  • Semipublic fund to back Japan bid for Malaysia-Singapore rail line

    TOKYO -- The government will help a Japanese corporate consortium win a bid for a high-speed rail project straddling Malaysia and Singapore, with plans to provide financial support through a public-private fund.The Malaysian and Singaporean governme

    January 15, 2018 01:20 am JST
  • 2 Japanese parties to form Diet alliance, become largest opposition force

    TOKYO (Kyodo) -- Two Japanese political parties have decided to form an alliance in the Diet, becoming the largest opposition force in both the lower and upper house, their senior officials said Sunday.Secretary generals of the Party of Hope and the

    January 14, 2018 09:01 pm JST
  • Japan, Baltic states agree to boost ties, cooperate against North Korea

    VILNIUS (Kyodo) -- Japanese Prime Minister Shinzo Abe and his counterparts from Latvia and Lithuania agreed Saturday to strengthen economic ties while seeking cooperation on the security front to rein in North Korea's nuclear and missile ambitions.A

    January 14, 2018 08:54 pm JST