China cyberspies ‘mined Japanese defense firms’
HONG KONG (Bloomberg) — Chinese hackers have targeted Japanese defense companies, possibly to get information on Tokyo’s policy toward resolving the North Korean nuclear impasse, according to cyb...
April 23, 2018
HONG KONG (Bloomberg) — Chinese hackers have targeted Japanese defense companies, possibly to get information on Tokyo’s policy toward resolving the North Korean nuclear impasse, according to cyb...
SEOUL (Bloomberg) — South Korean President Moon Jae In’s goal of becoming a “jobs president” is looking increasingly like a stretch, as joblessness rises despite his government’s efforts. U...
TALLINN (Bloomberg) — In this age of social media leaks and foreign election hacking, the ability to transmit sensitive personal information securely across borders is more valuable than ever. Finl...
NEW DELHI (Reuters) — India’s economy could grow at 7.4 percent in the fiscal year to March 2019 after a “resilient performance” in the second half of the previous year, central bank Gov. Urj...
SHANGHAI (Reuters) — Chinese funds have slashed valuations of ZTE Corp. after the United States banned American companies from selling components to the telecoms equipment maker for seven years, a ...
FRANKFURT (Reuters) — Incidents involving drones and commercial aircraft rose last year in Germany though less than expected given the popularity of the devices, air traffic authorities have said....
HONG KONG (Bloomberg) — Alibaba Group Holding Ltd. is getting its digital assistant into Mercedes-Benzes, Audis and Volvos in China, enlisting a clutch of global automakers in an effort to populariz...
MONTREAL/SINGAPORE (Reuters) — The world’s airlines are backing the development of a United Nations-led global registry for drones, as a rise in near collisions by unmanned aircraft and commercial...
SAN FRANCISCO (Bloomberg) — Nintendo Co. is teaming up with San Francisco-based Scrum Ventures to scout start-ups working on new ways to play or use the Japanese company’s hit gaming console, the...
TOKYO (Jiji Press) — Stocks lost ground on the Tokyo Stock Exchange on Monday, weighed down by U.S. equities’ drop late last week. The 225-issue Nikkei average fell 74.20 points, or 0.33 percent...
NTT Corp. has developed an artificial intelligence system that can search for picture books based on children’s preferences and language ability. By putting information into the system, such as the ...
RIYADH (AP) — Green lipstick, blue lipstick and 40 shades of foundation to choose from are just some of the reasons why 18-year-old Shahad al-Qahtani is excited about superstar Rihanna’s makeup l...
BRUSSELS (AFP-Jiji) — The European Union and Mexico said Saturday they had reached an “agreement in principle” to modernize an existing free trade deal, as the Latin American country faces pre...
NEW YORK (Bloomberg) — Hedge funds just made an abrupt about-face in the palladium market as U.S. sanctions against Russian titans spark concerns that the world’s largest producer of the metal wi...
BRUSSELS (Bloomberg) — A top European Union official reiterated the bloc’s demand for a permanent exemption from the United States’ steel and aluminum tariffs, as a temporary reprieve is set to...
LA PAZ (Reuters) — Bolivia will manufacture and market lithium batteries along with German company ACI Systems GmbH, which will invest $1.3 billion in the project, the country’s manager of the l...
RIO DE JANEIRO (Bloomberg) — Some South American commodity producers may see their fortunes rise from the trade spat between the United States and China. But none are rejoicing, at least not public...
LONDON/NEW YORK (Bloomberg) — Poker giant Stars Group Inc. agreed to buy Sky Betting & Gaming in a deal valued at $4.7 billion, moving deeper into sports betting to create the biggest publicly list...
WASHINGTON (Bloomberg) — The global growth outlook faces rising threats from trade tensions and mounting debt despite a strengthening and “increasingly broad-based” expansion at the moment, acco...
Leading Japanese cosmetics manufacturer Shiseido Co. is improving its performance by meeting demand in China and other parts of Asia. In this installment of The Leaders, a column featuring corporate m...
WASHINGTON (AP) — The administration of U.S. President Donald Trump pushed back Friday against widespread complaints against its aggressive America First trade policies and urged the International ...
WASHINGTON/JEDDAH, Saudi Arabia (Reuters) — U.S. President Donald Trump accused the Organization of Petroleum Exporting Countries (OPEC) on Friday of “artificially” boosting oil prices, drawing ...
NEW YORK (AFP-Jiji) — Wells Fargo agreed Friday to pay $1 billion in fines over U.S. allegations of bank misconduct that damaged consumers — the largest such penalty so far under the administrati...
TOKYO (Jiji Press) — Sales at department stores in Japan in March rose 0.1 percent from a year before on a same-store basis, up for the first time in four months, an industry group said Friday. Ov...
SEOUL/DETROIT (Reuters) — General Motors’ South Korean unit delayed a decision to file for bankruptcy protection until Monday afternoon, after the automaker failed to reach a wage deal with its l...
TOKYO (Jiji Press)—Tokyo stocks are expected to stay on a firm note this week, with investors keeping close tabs on earnings reports to be released by major Japanese companies. The rise came as a...
WASHINGTON (Reuters) — The U.S. Treasury is considering ways to restrict sensitive Chinese investments in the United States by invoking an emergency powers law and bringing forward some security rev...
WASHINGTON (Jiji Press) — Finance Minister Taro Aso said Thursday he is not considering resigning over the alleged sexual harassment of female journalists by the top bureaucrat of his ministry.
As...
Major office equipment firm Fuji Xerox Co. and Tokyo Metro Co. will launch an experiment in providing booth-like rental offices for individuals by setting up such booths at two Tokyo Metro subway stat...
NEW YORK/LONDON (Reuters) — Rare disease drug maker Shire Plc said on Thursday it had rejected a $63 billion cash-and-stock acquisition offer by Japan’s Takeda Pharmaceutical Co., while Allergan P...
BEIJING (Reuters) — Nissan Motor Co.’s premium brand Infiniti plans to at least triple sales in China within the next five years by making four additional car models locally and shifting to more ...
DUBAI/LONDON (Reuters/IFR) — Japan’s Mizuho Securities has lost a bond mandate for Saudi Arabia, on top of another for Qatar, banking sources said, highlighting how international banks have been c...
OKUMA, Fukushima (Jiji Press) — Tokyo Electric Power Company Holdings Inc. on Wednesday started services with electric self-driving buses at its disaster-stricken Fukushima No. 1 nuclear power plan...
Hitachi Ltd. has developed technology capable of detecting childhood and other forms of cancer by analyzing urine, allowing checks to be conducted more simply, the company has announced. Hitachi pla...
WASHINGTON (AFP-Jiji) — As world borrowing levels hit fresh records, the United States and China stand out among the biggest debtors, creating risks to the global economy, the International Monetary...
NEW YORK (AP) — Credit card giant American Express recorded its second-highest quarterly profit in its history on Wednesday, driven by strong customer spending on its namesake credit cards and a mu...
WASHINGTON (Reuters) — Time Warner Chief Executive Jeff Bewkes on Wednesday defended his company’s planned merger with telecom firm AT&T as necessary to compete effectively for advertising with i...
LONDON (AFP-Jiji) — A Franco-Dutch company on Wednesday won a contract to make British passports after the country leaves in the EU, in a blow for Brexit campaigners. “The 11.5 year contract has...
TOKYO (Bloomberg) — A little-known mortgage lender is taking on Japan’s giant banks, betting it will overtake them in home loans. Aruhi Corp. vows to increase annual originations to more than $...
WASHINGTON (Jiji Press) — Finance ministers of the Group of Seven major nations on Wednesday expressed anew their determination to maintain pressure on North Korea. In a statement, the ministers o...
WASHINGTON (AP) — The Federal Reserve’s latest national survey has found that U.S. businesses are growing increasingly concerned about the impact higher tariffs could have on their companies and ...
East Japan Railway Co. is planning to introduce unmanned convenience stores operated by artificial intelligence at stations by 2020, to make up for serious labor shortages, which are even affecting th...
TOKYO (Jiji Press) — The industry ministry on Wednesday held the first meeting of a panel to discuss measures to strengthen Japan’s competitiveness in the field of automobiles, including on how to...
TOKYO (Jiji Press) — Sea urchins caught off the Australian island of Tasmania are gradually becoming popular in Japan, competing with rivals mainly from the northernmost Japan prefecture of Hokkaid...
GENEVA/BRASILIA (Reuters) — Brazil has secured World Trade Organization backing to press its claims against Canada in a dispute over what it says are unfair subsidies for Bombardier Inc.’s CSerie...
WASHINGTON (Reuters) — The U.S. Supreme Court on Tuesday dropped Microsoft Corp.’s privacy fight with the Justice Department over whether prosecutors can force technology companies to hand over d...
Goldman Sachs Group Inc. is so confident in its recent business boom that it will pause share buybacks in the second quarter and instead use capital to facilitate trades, loans and deals for customer...
TOKYO (Jiji Press) — Japan’s Mercari Inc., which provides the Mercari online flea market app, will go public on the Tokyo Stock Exchange’s Mothers market for startups as early as June, informed...
TOKYO (Jiji Press) — Cryptocurrency exchange Kraken, operated by Payward Inc. of the United States, will discontinue its business in Japan, it was learned Tuesday. The Japanese unit of the operat...
WASHINGTON (Reuters) — Russia agreed to extend by six months overflight approvals for U.S. airlines, the U.S. State Department said on Tuesday, hours before an agreement on overflights was due to e...
ZURICH (Reuters) — Swiss staffing company Adecco Group is buying U.S.-based technology education provider General Assembly for $412.5 million including debt, it said on Monday, adding heavy investm...
BEIJING/BRUSSELS (Reuters) — China’s international trade representative held a series of meetings with the ambassadors from major European nations last week to ask them to stand together with Beij...
SAN FRANCISCO/WASHINGTON (Reuters) — Chinese smartphone maker ZTE Corp.’s U.S. woes deepened on Tuesday, as regulators proposed new rules that could cut into its sales, while a supply ban means i...
BEIJING (AP) — Facing the risk of a trade fight with the United States, China announced plans Tuesday to allow full foreign ownership of automakers in five years.
The change would scrap rules tha...
NEW YORK (AFP-Jiji) — Starbucks will close stores and corporate offices across the United States on May 29 to conduct “racial-bias education,” the company announced Tuesday, following outrage ov...
WASHINGTON (Reuters) — The U.S. Commerce Department said on Tuesday it has made a preliminary determination that common alloy aluminum sheet imports from China are being subsidized, and set counter...
WASHINGTON (Reuters) — The U.S. Commerce Department said on Tuesday it was starting new investigations to determine if certain steel wheels from China are dumped in the United States and whether pr...
LONDON (Reuters) — Global steel demand will grow 1.8 percent this year and 0.7 percent next year, driven by favorable world economic momentum, though the market faces risks from rising trade tensio...
TOKYO (Jiji Press) — Japan posted a customs-cleared trade surplus of ¥2,455.9 billion in fiscal 2017, staying in the black for the second straight fiscal year, thanks to strong automobile exports, ...
LONDON (Reuters) — Legal & General Investment Management, one of Europe’s biggest asset managers, has written to the chief executives of some of the world’s top companies calling for more actio...
BEIJING (AFP-Jiji) — China’s economy grew a forecast-beating 6.8 percent in the first quarter, official data showed Tuesday, overcoming Beijing’s battle on financial risk and pollution and trad...
WASHINGTON (Jiji Press) — The International Monetary Fund said Tuesday that it expects the Japanese economy to grow 1.2 percent in 2018, maintaining the projection it made in January. In its late...
The number of companies planning to hire more new graduates next spring has significantly increased, according to a joint survey by The Yomiuri Shimbun and Nippon TV that covered 100 major companies i...
The Japan-China high-level economic dialogue on Monday — the first such meeting in about eight years — marked a first step toward resetting a bilateral relationship that has been under strain amid...
ATLANTIC CITY, N.J. (AP) — Carl Icahn’s company struck an approximately $1.85 billion deal Monday that would fuse the gambling and hotel operations of Tropicana Entertainment to Eldorado Resorts ...
NEW YORK (Reuters) — China’s holdings of U.S. Treasuries rose in February, as net new foreign purchases increased to their largest since May 2017, data from the Treasury Department showed on Monda...
Netflix Inc.’s blitz of original programs attracted a surprisingly high 7.4 million new customers from January to March, reassuring investors who are betting the video-streaming pioneer’s massive...
NEW YORK (AP) — Domino’s, which has been bringing pizzas to doorsteps for more than half a century, will now deliver to the great outdoors.
The pizza chain said Monday that its drivers can meet ...
WASHINGTON (Reuters) — U.S. President Donald Trump said on Monday he would nominate Richard Clarida, an economist who advises fund manager Pimco, and Michelle Bowman, a Kansas banking regulator, for...
SAN FRANCISCO (Reuters) — Tesla Inc. has temporarily suspended its Model 3 assembly line in what the company said on Monday was a planned production pause, as the automaker continues to face challen...
BEIJING (Reuters) — China’s shale gas production will likely reach 17 billion cubic meters (bcm) in 2020, nearly double the 2017 level, as local oil companies make big progress with drilling tech...
The number of vacant houses is growing across the nation, and both the public and private sectors are heightening their efforts to deal with various problems stemming from the situation.
Some privat...
TOKYO (Jiji Press) — The presence of women is increasing at the Bank of Japan after a series of measures to make it easier for employees to balance work with family life. The share of women has ri...
BERLIN (Reuters) — The German automotive industry must invest heavily in electric car technology and develop battery production facilities in Europe to keep up with global competitors, Economy Mini...
SINGAPORE (Bloomberg) — A robot invasion is underway in one of the last labor-intensive industries — shipbuilding. In search of lower costs and speedier construction times, Hyundai Heavy Indust...
BEIJING (AP) — Facing a possible U.S. tariff hike, one of China’s biggest ball bearing makers, Cixin Group, is weighing plans to rush shipments to American customers before the increase makes its ...
BEIJING (Bloomberg) — China’s sprawling local government financing system needs “crucial” reforms to increase consumption, build prosperity and encourage economic rebalancing, the Internationa...
LIMA/MEXICO (Reuters) — The United States, Mexico and Canada will expedite NAFTA talks in a push to reach a deal in coming weeks, Mexico’s president said on Saturday after a meeting with the U.S....
MILWAUKEE (AP) — Newspaper publishers across the United States already strapped by years of declining revenue say they’re dealing with an existential threat: Recently imposed tariffs on Canadian ...
PARIS (AFP-Jiji) — Within minutes of the shooting at YouTube offices in California, social media was awash with conspiracy theories and images of the supposed “shooter” wearing a Muslim headscar...
Luxury Italian fashion brand Gucci unveiled on Monday its collaborative products with the Waltz cassette tape shop in Tokyo’s Nakameguro district.
Gucci has selected seven locations in the world, i...
The competitive business landscape of the home delivery industry, in which service fees have risen due to an ongoing labor shortage, has been changing.
The number of parcels handled by Japan Post Co...
Oriental Land Co. on Sunday officially announced plans to expand Tokyo Disney Resort (TDR).
The operator of TDR is planning to expand one of its two theme parks, either Tokyo Disneyland or Tokyo Disn...
TOKYO (Jiji Press) — Stocks gained further ground on the Tokyo Stock Exchange Monday, supported by buybacks of domestic demand-oriented issues. The closely watched 225-issue Nikkei average ended u...
Yi Gang has been appointed governor of China’s central bank, the People’s Bank of China (PBC). He is the first “sea turtle” (see below) to become chief of the country’s central bank. The que...
The transport ministry is allowing airline companies, under certain conditions, to cancel unprofitable domestic flights with a low number of bookings. Under a newly introduced system, air carriers ca...
Dreaming of a spring getaway with white-sand beaches and a cool drink in your hand? A search for airline tickets can bring your dream down to earth, if the steep fares charged by many airlines outs...
The Japanese government has decided to propose a new framework for discussing trade issues between Japan and the United States, at a summit meeting between Prime Minister Shinzo Abe and U.S. President...
Tokyo Disneyland marked its 35th anniversary on Sunday.
Rides and goods featuring Disney characters have attracted a wide range of popularity, with the number of accumulated visitors to the Urayasu...
LONDON (Bloomberg) — WPP PLC Chief Executive Officer Martin Sorrell is resigning after 33 years, following allegations of personal misconduct and misuse of company assets, marking an abrupt end to ...
WASHINGTON (AP) — The administration of U.S. President Donald Trump has once again declined to brand China a currency manipulator, but it did target that country and five others for special monitori...
TOKYO (AP) — Japan, Australia and New Zealand reacted cautiously Friday after U.S. President Donald Trump signaled he might reopen talks on a Pacific Rim trade deal that he pulled the United States ...
SYDNEY (Reuters) — Chevron Corp will proceed with the second stage of its giant Gorgon liquefied natural gas (LNG) export plant off the northwest coast of Western Australia, the company said on Sat...
LONDON (Bloomberg) — The first look at the financial guts of Saudi Aramco show a corporate cash gusher, pumping billions in profit every month and beating every other big name in global business. ...
TOKYO (Jiji Press) — Tokyo stocks are expected to remain firm this week, with the benchmark Nikkei average possibly testing 22,000, analysts said. Last week, the 225-issue Nikkei average advanced ...
WASHINGTON (AP) — In a striking reversal, U.S. President Donald Trump has asked trade officials to explore the possibility of the United States rejoining the Trans-Pacific Partnership agreement, a f...
BRUSSELS (Jiji Press) — Japan and the European Union are in talks on holding a signing ceremony for their economic partnership agreement for free trade in Brussels in mid-July, it was learned Thurs...
TOKYO (Jiji Press) — Fast Retailing Co. said Thursday that its group operating profit in September-February surged 30.5 percent from a year earlier to ¥170,492 million, thanks to its Uniqlo casual ...
TOKYO (Jiji Press) — Monex Group Inc. will first focus on improving the internal control system of cryptocurrency exchange Coincheck Inc. after a planned acquisition, Oki Matsumoto, chairman and ch...
WASHINGTON (AFP-Jiji) — U.S. President Donald Trump said Thursday that talks with Mexico and Canada on revamping the 24-year-old trade pact are progressing but there is no deadline for completion. ...
WELLINGTON (AFP-Jiji) — New Zealand is halting all new offshore oil and gas exploration to become a global leader in the fight against climate change, the center-left government said Thursday, but ...
FRANKFURT (AP) — Volkswagen replaced CEO Matthias Mueller with core brand head Herbert Diess on Thursday and said it is creating a new management structure to enable faster decision-making as auton...
BEIJING (Reuters) — China’s commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington’s attempts at dialogue were not sincere, and vowed to ...
GENEVA (AP) — The head of the World Trade Organization says he understands that U.S. President Donald Trump wants to create U.S. jobs, but warns that getting tough on trade can trigger a “domino e...
DETROIT (Reuters) — General Motors Co.’s president said on Thursday that April 20 is a hard deadline to reach an agreement on a long-term financial restructuring of GM’s South Korean auto unit,...
TOKYO (Jiji Press) — The Bank of Japan released the latest quarterly regional economic report on Thursday, giving stronger assessments of the Shikoku and Kyushu-Okinawa regions, but a weaker view o...
TOKYO (Reuters) — Japanese truck maker Hino Motors Ltd. and Volkswagen Truck & Bus GmbH said on Thursday they have agreed to form a strategic tie-up to better compete in the commercial vehicle indu...
TOKYO (Jiji Press) — A panel of experts set up by the Financial Services Agency on Wednesday proposed that the agency monitor potential adverse effects of mergers in the country’s regional banking...
LONDON (Reuters) — The Japanese Bankers Association (JBA) and the China Banking Association (CBA) have joined forces to challenge proposed European Union regulations aimed at policing possible mark...
TOKYO (Reuters) — Auto components maker Key Safety Systems on Wednesday completed its $1.6 billion deal to acquire airbag maker Takata Corp., whose inflators triggered the auto industry’s biggest...
WASHINGTON (Reuters) — All of the Federal Reserve’s policymakers felt that the U.S. economy would firm further and that inflation would rise in the coming months, minutes of the central bank’s l...
NARA (Jiji Press) — Japan’s Daiwa House Industry Co. said Tuesday that it has introduced lumbar-type robotic suits to all of its nine domestic plants in order to reduce burdens on workers.
A tot...
TOKYO (Jiji Press) — Retailers Aeon Co. and Seven & i Holdings Co. enjoyed record annual operating profits while Lawson Inc. suffered its first profit fall in 15 years, their earnings reports have ...
TOKYO (Jiji Press) — The Finance Ministry put forward a proposal on Wednesday seeking to raise the starting age for receiving benefits under the country’s kosei nenkin public pension programs for...
TOKYO (Jiji Press) — M3 money stock in fiscal 2017, which ended last month, rose 3.2 percent from the previous year, the Bank of Japan said in a preliminary report Thursday. The growth, which was ...
TOKYO (Jiji Press) — The average retail price of regular gasoline in the nation as of Monday rose ¥0.2 from a week before to ¥143.30 per liter, the first rise in 10 weeks, the Agency for Natural ...
CHICAGO (Reuters) — Retailer Toys ‘R’ Us has received multiple bids of more than $1 billion for an 85 percent stake in its Asian business as the bankrupt company moves ahead with plans to sell s...
WASHINGTON (Reuters) — The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic shoc...
NEW YORK (Reuters) — Johnson & Johnson and Imerys Talc America, a unit of Imerys SA, must pay $117 million in damages in a case involving a man who said he developed cancer due to his exposure to as...
NEW YORK (Bloomberg) — JPMorgan Chase & Co. was sued for charging “sky-high” interest rates and fees to customers who used their credit cards to buy cryptocurrencies such as bitcoin. Brady Tuc...
BOAO, China (Reuters) — China laid out a clearer timetable on Wednesday for opening its financial sector to more foreign investment by the end of 2018, as Beijing looks to fend off growing criticis...
WASHINGTON (Reuters) — U.S. consumer prices fell for the first time in 10 months in March, weighed down by a decline in the cost of gasoline, but underlying inflation continued to firm amid rising ...
WASHINGTON (Reuters) — U.S. bank regulators on Wednesday proposed easing a key capital rule designed to restrict bank leverage, a move that would free up $400 million of capital across the largest ...
A draft proposal on the nation’s long-term energy policy through 2050 focuses on making renewable energy resources such as solar and wind power a major source of electric power. Drawn up Tuesday b...
TOKYO (Bloomberg) — Japan’s emergence as a global center for cryptocurrencies didn’t start with open-minded lawmakers or prescient investments by the country’s financial giants. Instead, it be...
Tokyo Disneyland operator Oriental Land Co. on Tuesday unveiled a new version of the “It’s a Small World” attraction to the press to mark the 35th anniversary of the opening of the theme park. ...
TOKYO (Jiji Press) — Japan’s seasonally adjusted core machinery orders rose 2.1 percent from the previous month to mark a 25-month high in February, the Cabinet Office said Wednesday. The growth...
TOKYO (Jiji Press) — Japan’s producer prices in fiscal 2017 grew 2.7 percent from the previous year, up for the first time in three years, partly on the back of higher crude oil prices and the ye...
TOKYO (Jiji Press) — The Diet enacted on Wednesday a bill to introduce a departure tax of ¥1,000. The bill became law as the House of Councillors approved it by a majority vote of ruling coalition...
TOKYO (Jiji Press) — Speculative trading accounted for some 80 percent of transactions at 18 cryptocurrency exchange operators in Japan in fiscal 2017, an industry group said Tuesday. The value o...
TOKYO (Jiji Press) — Bank lending grew 1.6 percent during fiscal 2017, which ended last month, marking the seventh consecutive year of growth, an industry group said Tuesday. The outstanding bala...
FUKUOKA (Jiji Press) — Nishi-Nippon Railroad Co. said Tuesday that it will acquire a 90 percent equity stake in GCS Logistics Ltd. of New Zealand, which mainly offers maritime cargo transportation ...
Healthcare technology company Analogic Corp. said on Tuesday it had agreed to be bought by private equity firm Altaris Capital Partners LLC for about $1.1 billion in cash. The offer price of $84 per...
WASHINGTON (Reuters) — Fifteen U.S. corporations including online retailer Amazon.com Inc., power company Duke Energy Corp. and insurer Prudential Financial Inc. avoided U.S. tax on nearly $25 billi...
NEW YORK (Bloomberg) — Bank of America Corp. plans to stop lending to companies that make assault-style guns used for non-military purposes. “It’s our intention not to finance these military-s...
MOSCOW (Reuters) — Rusal’s dollar bonds slumped to record lows, two major customers said they were reviewing their contracts, and the London Metal Exchange distanced itself from the aluminum gian...
SHANGHAI (Reuters) — Chinese investment in the United States fell more than a third last year to $29 billion from a record $46 billion in 2016, the first major correction in a decade, a report by t...
JOHANNESBURG (Reuters) — The World Bank raised its forecasts for the South African economy on Tuesday but warned that growth potential would remain weak without concerted efforts to reduce inequali...
LUXEMBOURG (Reuters) — France is entitled to bring criminal proceedings against local managers of ride-hailing app Uber for running an illegal taxi service, the EU top court ruled on Tuesday, deali...
An increasing number of Japanese companies are hiring foreigners amid a severe labor shortage and in their moves toward globalization.
In 2017, the number of foreigners working in Japan hit a record...
WASHINGTON (AP) — The combined effect of U.S. President Donald Trump’s tax cuts and last month’s budget-busting spending bill is sending the federal deficit toward the $1 trillion mark next yea...
BEIJING (AFP-Jiji) — Chinese President Xi Jinping pledged on Tuesday to lower car tariffs this year and take other steps to further open the world’s No.2 economy, indirectly addressing major comp...
BEIJIING (Bloomberg) — China is evaluating the potential impact of a gradual yuan depreciation, people familiar with the matter said, as the country’s leaders weigh their options in a trade spat w...
WASHINGTON (AP) — Leading banking groups called on House leaders Monday to accept Senate-passed legislation easing financial rules adopted after the 2008 economic crisis. The effort is designed to...
SAN FRANCISCO (Bloomberg) — Apple Inc. announced new versions of the iPhone 8 and iPhone 8 Plus in red, keeping its entry-level iPhones fresh after being overshadowed for months by the iPhone X.
Th...
Viacom Inc. has asked CBS Corp. to sweeten its merger bid by about $2.8 billion, or almost a quarter more than CBS’s offer, three people familiar with the matter said, indicating the wide gap in the...
MEXICO CITY (AFP-Jiji) — Mexico’s economy minister said Monday it is highly likely the United States, Canada and Mexico will reach an agreement in principle on a new version of the NAFTA trade de...
The U.S. Justice Department will allow German drugs and pesticides group Bayer AG to acquire Monsanto Co. in a $62.5 billion deal, after the companies agreed to sell more assets to win antitrust appr...
Apple Inc. on Monday said it had achieved its goal of powering all of the company’s facilities with renewable energy, a milestone that includes all of its data centers, offices and retail stores in ...
Food products fraudulently mislabeled as Japanese brands that are registered under the government’s Geographical Indication (GI) protection system (see below), are being sold overseas, mainly in Chi...
TOKYO (Jiji Press) — The Financial Services Agency on Tuesday held the first meeting of a panel of experts that is reviewing regulations on cryptocurrencies. The panel, led by Hideki Kanda, profes...
TOKYO (Reuters) — Bank of Japan Gov. Haruhiko Kuroda said the central bank would eventually need to consider how to normalize its ultraeasy policy, suggesting the priority of his next tenure could b...
Sony Corp. announced Wednesday that it is scheduled to release a new doglike “aibo” robot on Jan. 11, 2018.
As production of the previous “AIBO” model ended in 2006, the new robotic dog marks...
Vintage cars are lined up at the Automobile Council 2017 on Friday in Mihama Ward, Chiba. The event, which ends Sunday, features over 100 cars — making it a great place for enthusiasts to get up clo...