Mizuho to open its 1st office in Washington 9:03 pm, September 14, 2017

  • Mizuho to open its 1st office in Washington

    WASHINGTON (Jiji Press) — Mizuho Bank will open a representative office in Washington early next month as its first foothold in the U.S. capital, Jiji Press learned Wednesday. The move is aimed at…

  • Producer prices post high growth

    TOKYO (Jiji Press) — Japan’s producer prices rose 2.9 percent from a year earlier in August, marking the highest growth since October 2008 excluding the impact of the consumption tax increase in …

  • Nisshinbo advances fuel cell technology

    TOKYO (Jiji Press) — Japan’s Nisshinbo Holdings Inc. said Wednesday that it has succeeded for the first time in the world in developing a non-platinum catalyst for fuel cell electrodes. While h…

  • Kubota to exit vending machine biz

    OSAKA (Jiji Press) — Kubota Corp. said Tuesday it will withdraw from its vending machine business at the end of this year. The Japanese machinery maker will sell its wholly owned vending machine-…

  • Industrial output down 0.8% in July

    TOKYO (Jiji Press) — Japan’s industrial production in July fell 0.8 percent from the previous month, unchanged from the preliminary reading, the Ministry of Economy, Trade and Industry said in a …

  • Govt working to improve GDP data accuracy to avoid gaps

    TOKYO (Jiji Press) — Japan’s Cabinet Office is working to improve the accuracy of its data on gross domestic product, a measure of the country’s total output in goods and services. The move re…

  • Medical expenses hit record high for 9th straight year

    TOKYO (Jiji Press) — Medical expenses in Japan in fiscal 2015 grew 3.8 percent from the previous year to ¥42,364.4 billion, with per-capita costs rising 3.8 percent to ¥333,300, the health minist…

  • Trump meets with top Dems, hints at tax hike on the rich

    WASHINGTON (Reuters) — President Donald Trump said on Wednesday that taxes on rich Americans might rise, as he pursues a tax code overhaul and reaches out to both Democrats and Republicans in a push…

  • Trump administration orders purge of Kaspersky products

    WASHINGTON (Reuters) — The Trump administration on Wednesday told U.S. government agencies to remove Kaspersky Lab products from their networks, saying it was concerned the Moscow-based cybersecuri…

  • Trump bars China-backed firm from buying Lattice

    NEW YORK/WASHINGTON (Reuters) — U.S. President Donald Trump blocked a Chinese-backed private equity firm from buying a U.S.-based chipmaker on Wednesday, sending a clear signal to Beijing that Washi…

  • U.S. mortgage applications jump to 10-month peak

    NEW YORK (Reuters) — U.S. mortgage applications jumped to their strongest level in 10 months last week despite hurricane-related disruptions seen in Texas and Florida, the Mortgage Bankers Associat…

  • Automakers: Build batteries or lose jobs

    FRANKFURT (Reuters) — Europe shouldn’t rush to abandon the combustion engine and must build up its own production of electric car batteries to compete with China, auto suppliers and manufacturers…

  • Toshiba keen to keep chip unit under Japanese control

    Unable to shake its distrust of Western Digital Corp., Toshiba Corp. has ditched the U.S. company as the preferred buyer of its flash memory chip unit and switched back to a consortium of Japanese, U….

  • Hesitant consumer spending spurs price cuts on daily goods

    TOKYO (Jiji Press) — Supermarkets and convenience stores are cutting prices on processed food products and daily necessities, as concern over the future course of the economy and sluggish growth in …

  • Apple unveils iPhone X to regain innovation lead

  • Fla. agriculture takes big hit from Irma

    Florida fruit growers and farmers have just barely begun to assess the damage Hurricane Irma wrought on the state’s citrus, sugar cane and vegetable crops — but they expect it will be significant….

  • Iconic sportscars work on hybrids, but have no plans to go fully electric

    FRANKFURT (Reuters) — Ferrari and Volkswagen-owned Lamborghini are working on hybrid versions of their sportscars, but have no plans for now to develop wholly electric models, executives at the two …

  • Toshiba to focus on chip talks with Bain

    TOKYO (Reuters) — Toshiba Corp said on Wednesday it has agreed to focus on selling its prized chips unit to a group led by Bain Capital and South Korean chipmaker SK Hynix, although it is not rulin…

  • Rakuten links up with NBA champs

    LOS ANGELES (AFP-Jiji) — As the NBA joins sports leagues around the world in allowing sponsors’ names on jerseys, the Golden State Warriors have inked a logo deal with Rakuten Inc. worth a report…

  • Toyota gets antsy over Brexit talks uncertainty

    FRANKFURT (Reuters) — Deepening uncertainties over the direction and timetable of Brexit negotiations may force Toyota to shift some British production elsewhere if they are not addressed, the Japa…

  • Nikkei Hits One-Month Closing High on Wall Street Gains

    TOKYO (Jiji Press) — Stocks continued to rise steeply on the Tokyo Stock Exchange Tuesday thanks to buying encouraged by an overnight advance on Wall Street, pushing up the benchmark Nikkei average…

  • Air Berlin scraps more long-haul flights

    BERLIN (Reuters) — Insolvent German airline Air Berlin is scrapping more long-haul flights, this time to the Caribbean from Duesseldorf, because it needs to reduce the fleet due to preliminary insol…

  • Tesla issues update for its cars in Irma’s path

    WASHINGTON (AFP-Jiji) — Electric carmaker Tesla helped its owners fleeing the path of Hurricane Irma, offering a complementary boost to the car battery’s range to allow them to travel further bef…

  • Google launches appeal against EU fine

    LUXEMBOURG (AFP-Jiji) — Google on Monday launched a legal challenge to a record €2.4-billion ($2.86 billion) fine imposed by European anti-trust authorities for favoring its own shopping service, …

  • China planning to ban bitcoin exchanges while allowing OTC

    BEIJING (Bloomberg) — China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outla…

  • Volkswagen to offer electric cars for all models by 2030

    FRANKFURT (Reuters) — Volkswagen is stepping up its shift to electric cars and plans to invest more than €20 billion ($24 billion) in zero-emission vehicles by 2030 to challenge pioneer Tesla in c…

  • Hyundai’s China sales plummet with missile crisis

    HONG KONG (Bloomberg) — At a factory in northeast China making Hyundai cars, employees aren’t sure from one day to the next whether their workplace will be open. Chinese buyers are shunning the au…

  • SK Hynix, Hon Hai camps add to offers for Toshiba chip unit

    TOKYO (Jiji Press) — A Japanese-U.S.-South Korean consortium including South Korean chipmaker SK Hynix Inc., and a group led by Taiwan’s Hon Hai Precision Industry Co. have made additional proposa…

  • Galaxy Note 8 preorders ‘highest among Note series’

    SEOUL (Reuters) —Samsung Electronics Co. on Tuesday said preorders for its Galaxy Note 8 premium smartphone have hit the highest-ever for the Note series, beating its predecessor Note 7 over five da…

  • Post-Brexit customs may cost £4 bil.

    LONDON (Reuters) — The introduction of post-Brexit customs checks could cost traders more than £4 billion ($5.28 billion) a year, according to a think tank report released on Monday. The British …

  • China looks to end gasoline car sales, promote electric

    BEIJING (AP) — China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars. China’s industry ministry is developing a timetable to end production and sale of …

  • ExxonMobil slashes 20-year LNG price to India

    MELBOURNE (Reuters) — India has won a big price cut on a 20-year liquefied natural gas (LNG) deal with global giant ExxonMobil Corp. in a rare contract renegotiation, a bad sign for global producer…

  • Trade ministers vow to do their best on RCEP

    MANILA (Jiji Press) — Ministers from 16 Asia-Pacific countries on Sunday agreed to do their best to achieve significant outcomes by the end of the year in their talks on a proposed Regional Comprehe…

  • Govt to release extra shares in Japan Post

    TOKYO (Jiji Press) — The government will additionally sell up to 990,099,100 shares in Japan Post Holdings Co., or 22 percent of the company’s outstanding shares, the Finance Ministry said Monday…

  • Apple’s new phone to be called ‘iPhone X’

    SAN FRANCISCO (Bloomberg) — Apple Inc.’s most important new phone for years will be called the iPhone X, according to a leak of the company’s latest mobile operating system on Saturday. String…

  • Chubu Electric, Osaka Gas may tie up

    NAGOYA (Jiji Press) — Chubu Electric Power Co. and Osaka Gas Co. are considering joining forces to enter the retail energy market in the Tokyo metropolitan area, it was learned Friday. By jointly…

  • Microsoft Windows update pushes ‘mixed reality’

    BERLIN (Reuters) — Microsoft is to update its flagship operating system next month so that the latest generation of Windows 10 hardware devices and software can tap into augmented and virtual reali…

  • Researchers develop thin electronic circuits for skin

    Ultra-thin electronic circuits that can be applied to human skin for extended periods of time have been developed by a team of researchers from the University of Tokyo, Keio University and other insti…

  • Global Economy / AI revolution to boost productivity but raise questions for workers

    AI (artificial intelligence) will greatly change our economy and lifestyles. The technology is expected to help solve labor shortages and improve productivity. But it is critical that we prepare for n…

  • Dollar hits low note as euro shines

    NEW YORK (Reuters) — Reduced expectations for another U.S. Federal Reserve interest rate hike this year helped drive down the dollar to its lowest level in more than 2½ years on Friday and kept go…

  • Ryan proposes corporate tax cut smaller than Trump sought

    WASHINGTON (AP) — With Republicans in Congress under pressure to deliver on taxes, House Speaker Paul Ryan said Thursday the GOP plan will aim to reduce the corporate tax rate to low- to mid-20 perc…

  • Apple-backed billionaire makes case to buy Toshiba chip unit

    BEIJING (Bloomberg) — Terry Gou, the billionaire behind Apple Inc.’s iPhone factories, is pressing his case to acquire Toshiba Corp.’s memory chips business in a last ditch effort to beat out tw…

  • U.K. lowers growth forecasts

    LONDON (Bloomberg) — The weaker pound is failing to boost British growth, according to the British Chambers of Commerce. The business group downgraded its medium-term outlook for the economy in a r…

  • Insurers focus on disability income policies

    TOKYO (Jiji Press) — Japanese insurers are putting more focus on disability income insurance policies, including those designed for companies, to offer protection against the loss of income due to i…

  • Oil markets barely move amid Caribbean hurricanes

    SINGAPORE (Reuters) — Oil prices were little changed on Friday as the international petroleum industry remains in the grip of Caribbean hurricanes which have pummeled the region for the last two wee…

  • ICOs prove following the ‘money’ still rings true

    Identifying successful start-ups amid the dozens of initial coin offerings taking place each week may be easier than it appears. “The long-term winners are going to be the ones who have a mission t…

  • Millions at risk after cyberbreach at Equifax

    SAN FRANCISCO (AP) — Credit monitoring company Equifax has been hit by a high-tech heist that exposed the Social Security numbers and other sensitive information of about 143 million Americans. Now …

  • GDP growth revised down on softer capital expenditure

    TOKYO (Bloomberg) — Japan’s economy grew less than the government’s preliminary estimate in the second quarter, weighed down by a revision in capital expenditure by companies. Gross domestic …

  • Subaru to quit diesel by FY20

    TOKYO (Jiji Press) — Japan’s Subaru Corp. will pull out of the production and sales of diesel engine vehicles by around fiscal 2020, it was learned Thursday. Instead, the automaker will concentr…

  • British lawmakers query Aramco IPO plan

    LONDON (Bloomberg) — Two senior British lawmakers are questioning plans by London’s financial regulator to change listing rules that would make it easier for Saudi Aramco to go public in London, i…

  • Honda to scale back diesel vehicle business in Europe

    Honda Motor Co. has decided to scale down its manufacturing and sales of diesel vehicles in Europe, company officials said Friday. The officials said the automaker will not release diesel-powered CR-…

  • Seven-Eleven Japan to accept interns from Vietnam universities

    TOKYO (Jiji Press) — Major convenience store chain operator Seven-Eleven Japan Co. said Thursday that it will start accepting students from Vietnamese universities for its internship program. The u…

  • Japan Aims to Boost Annual Rice Exports to 100,000 Tons

    TOKYO (Jiji Press) — Japan’s agriculture ministry said Friday it has set an ambitious goal of increasing annual rice exports to 100,000 tons by 2019. Amid a slump in domestic consumption, the min…

  • ECB could announce stimulus scale-back next month

    FRANKFURT (AP) — The European Central Bank could be ready as soon as next month with plans to finally start scaling back its extraordinary stimulus efforts as the eurozone’s economy gathers speed…

  • Trump embraces Democrats on debt ceiling, immigration

  • Toys ‘R’ Us enlists advisers to help restructure debt

    NEW YORK (Bloomberg) — Toys “R” Us Inc. has tapped lawyers at Kirkland & Ellis to help restructure its heavy debt load, said people familiar with the matter, the latest sign of trouble for a on…

  • Kohl’s to open in-store Amazon shops

    NEW YORK (AP) — Amazon has long been blamed for the falling fortunes of department stores. Now, some of them are teaming up with the e-commerce giant. Kohl’s said Wednesday that it will open Ama…

  • McDonald’s Japan picks up pace of turnaround

    TOKYO (Bloomberg) — McDonald’s Japan is adding to its restaurant count in the second half of the year, underscoring a turnaround that has seen same-store sales climb for 21 straight months. McD…

  • Yellen ally Fischer to resign from Fed

    WASHINGTON (AP) — Federal Reserve Vice Chairman Stanley Fischer will resign next month for personal reasons, leaving a fourth vacancy on the seven-member Fed governing board. Fischer is a widely-re…

  • FY2018 budget requests set to be scrutinized

    TOKYO (Jiji Press) — General-account budget requests for fiscal 2018 from the Japanese government agencies totaled ¥100.96 trillion, exceeding ¥100 trillion for the fourth straight year, the Fina…

  • Japanese businesses strive for toehold in Russia’s Far East

    KHABAROVSK, Russia — Japanese companies are striving to establish businesses in the Russian Far East (see below), a region where Russian President Vladimir Putin is currently focusing on development…

  • Tourist areas to be boosted in bid to spur consumption

    TOKYO (Jiji Press) — The Japan Tourism Agency will make efforts to discover and develop experience-based tourist attractions for foreign visitors with the aim of boosting consumption by such touris…

  • WD offers to pull out of Toshiba unit buy

    TOKYO (Jiji Press) — Western Digital Corp. has proposed refraining from participating in the planned acquisition of Toshiba Corp.’s flash memory business for now to facilitate the completion of t…

  • Nissan to launch new Leaf electric vehicle

    CHIBA (Jiji Press) — Japan’s Nissan Motor Co. said Wednesday it will launch a fully remodeled version of its zero-emission Leaf electric vehicle on Oct. 2. The second-generation Leaf, to be pric…

  • JP to raise parcel delivery fees by average of 12%

    TOKYO (Jiji Press) — Japan Post Co. said Tuesday that it will raise its Yu-Pack parcel delivery basic fees for individual customers by 12 percent on average, effective from March 1, 2018. The size…

  • Govt selects 13 members for human resources panel

    TOKYO (Jiji Press) — Japanese Economic Revitalization Minister Toshimitsu Motegi on Tuesday unveiled 13 members for a new conference to discuss ideas for the “revolution in human resources develo…

  • JTB unit launches website to sell luxury food from Japan

    OSAKA (Jiji Press) — JTB Western Japan Corp. opened a mail order website on Tuesday to sell luxury food made in Japan for foreign customers. The company, based in Osaka, launched 16 items, includi…

  • JXTG to integrate gas station brands

    TOKYO (Jiji Press) — Japan’s leading oil wholesaler JXTG Nippon Oil & Energy Corp. is considering integrating four gas station brands into Eneos, it was learned Tuesday. The move is apparently …

  • Real wages log sharp fall in July

    TOKYO (Jiji Press) — The price-adjusted real wage index in Japan in July fell 0.8 percent from a year earlier, posting the steepest drop since June 2015, the Ministry of Health, Labor and Welfare s…

  • Biz sentiment improves in Aug.

    TOKYO (Jiji Press) — Business sentiment in Japan improved for the third straight month in August despite many rainy days in various parts of the country, a private-sector survey showed Tuesday. T…

  • Imported auto sales up 5.5% in Aug.

    TOKYO (Jiji Press) — Sales of imported foreign-brand vehicles in Japan in August increased 5.5 percent from a year before to 20,878 units, up for the first time in two months, industry data showed …

  • Lego set to slash 1,400 jobs worldwide after sales drop seen in U.S., Europe

    COPENHAGEN (AFP-Jiji) — Danish toy maker Lego, known for its iconic colored plastic bricks, said on Tuesday that it would cut 8 percent of its global workforce after a drop in sales in the United St…

  • Agencies see falling reinsurance rates

    LONDON (Reuters) — Global reinsurance rates are likely to fall by up to 7.5 percent at January 2018 renewals due to strong competition, despite the impact of Hurricane Harvey, ratings agencies said…

  • Asia stocks down amid N. Korean tensions

    TOKYO (Reuters) — Asian stocks fell on Wednesday after a slide on Wall Street overnight while the dollar was on the defensive with tensions in the Korean peninsula showing few signs of abating. S…

  • NAFTA negotiators promise results

    MEXICO CITY (AFP-Jiji) — Negotiators overhauling the North American Free Trade Agreement said Tuesday they would have “results” by the end of the month, but left some of the stickiest issues han…

  • Orange juice prices jump as Irma approaches Florida

    NEW YORK (AFP-Jiji) — Orange juice prices jumped in New York on Tuesday as Hurricane Irma’s approach cast a shadow over the citrus-producing U.S. state of Florida. Irma has become a “potential…

  • McDonald’s staff stage first-ever U.K. strike

    LONDON (AFP-Jiji) — McDonald’s workers staged the first-ever strike in Britain on Monday in protest of pay and working conditions at the U.S. fast-food giant. About 40 workers gathered outside t…

  • Ajinomoto to open gyoza restaurant mainly for foreigners

    TOKYO (Jiji Press) — Ajinomoto Frozen Foods Co. on Monday unveiled to the media a “gyoza” pot sticker restaurant set to open in Tokyo’s posh Akasaka district on Thursday, hoping to let more v…

  • Carmakers vying to improve minivehicle safety

    TOKYO (Jiji Press) — Automakers are competing to add advanced safety technologies, including automatic brake systems, to their popular minivehicle models with high roofs. Honda Motor Co. made a se…

  • Govt may sell extra Japan Post shares

    TOKYO (Jiji Press) — The government may release an additional chunk of its shareholdings in Japan Post Holdings Co. as early as September, informed sources said Monday. Japan Post Holdings is expe…

  • Hyundai clashes with China partner over suppliers

    BEIJING/SEOUL (Reuters) — Hyundai Motor Co. is at loggerheads with its Chinese partner over efforts to cut supplier costs, as they grapple with cut-throat competition and the impact of a stand-off …

  • Tokyo stocks fall further on North Korea woes, yen’s rise

    TOKYO (Jiji Press) — Stocks lost further ground on the Tokyo Stock Exchange Tuesday, pushed down by lingering geopolitical tensions over North Korea and the strengthening of the yen against the doll…

  • Google parent Alphabet finishes reorganization

    SAN FRANCISCO (Bloomberg) — Alphabet Inc. is forming a new holding company designed to finalize its evolution from Google, the web search giant, into a corporate parent with distinct arms that prote…

  • China firm buys control of Brazil port

    HONG KONG/SAO PAULO (Reuters) — China Merchants Port Holdings Co. agreed to buy 90 percent of TCP Participacoes SA, Brazil’s most profitable port terminal, for about 2.9 billion reais ($924 millio…

  • United Tech to buy Rockwell Collins

    Aerospace supplier United Technologies Corp. has struck a $30 billion agreement to buy avionics and interiors maker Rockwell Collins Inc., the companies said on Monday, in a deal that bulks up UTC’s…

  • U.K. ‘to favor S. Koreans, Swiss’ in trade plans

    LONDON (Bloomberg) — Prime Minister Theresa May’s cut-and-paste plans for trade deals after Brexit will begin with the Swiss and South Koreans because of how much they contribute to the U.K. econ…

  • Saudi Arabia seeks Islamic tourism boost in test for heritage, tradition

    MECCA/RIYADH (Reuters) — A few steps away from Mecca’s Grand Mosque, a dozen empty towers rise into the sky above the holy city visited by millions of Muslim pilgrims every year. Hilton and Marri…

  • WTO reverses Boeing 777X tax credit ruling in blow to EU

    PARIS/GENEVA (Reuters) — The World Trade Organization has reversed a ruling that Boeing received prohibited support for its newest aircraft, dealing a blow to the European Union in its long-running …

  • NAFTA talks raise sharp differences over labor

    MEXICO CITY (Reuters) — Tensions over sharp differences in pay between Mexican workers and their Canadian and U.S. counterparts surfaced on Sunday as negotiators discussed labor market rules in tal…

  • Mnuchin: Congress must tie relief aid to raising debt limit

    WASHINGTON (AP) — Treasury Secretary Steven Mnuchin on Sunday called on Congress to combine a $7.9 billion disaster relief package for Harvey with an increase in the nation’s borrowing limit, sayi…

  • Yupiteru to recall 85,000 dashboard cameras after fire incidents reported

    TOKYO (Jiji Press) — The telecommunications equipment maker Yupiteru Corp. said Monday it will recall a total of 85,000 units of a dashboard camera model to replace its lithium battery free of char…

  • Ghost cities belie stability in China’s far west

    KASHGAR (AFP-Jiji) — The future of economic development in China’s far western Xinjiang region lies behind the shattered glass door of a welcome center on the outskirts of the ancient Silk Road ci…

  • FSA: Most regional banks in the red / Low rates, few borrowers sap loan profits

    More than 50 percent of the nation’s 106 regional banks recorded losses in core businesses such as lending operations and sales of investment trust funds in the term ending in March 2017, according …

  • Govt to tackle regional issues with ‘sharing economy’

    TOKYO (Jiji Press) — The internal affairs ministry plans to back efforts in fiscal 2018 to utilize the so-called sharing economy to tackle regional problems such as depopulation and labor shortages…

  • New service to warn drivers about defects

    Nissan Motor Co. will launch a service as early as next year that automatically alerts drivers via smartphone if their cars are deemed to be at risk of malfunction or require replacement parts. Becau…

  • Japan goes on defensive in tuna talks

    BUSAN, South Korea — A number of countries participating in a Western and Central Pacific Fisheries Commission (WCPFC) subcommittee meeting have emphasized the protection of bluefin tuna and agreed …

  • Screening for card-loans scrutinized

    TOKYO (Jiji Press) — The Financial Services Agency said Friday it will inspect banks to check whether their screening procedures for consumer loans on cash cards are set appropriately to prevent bo…

  • Tokyo stocks expected to remain tepid as investors look to U.S. data

    TOKYO (Jiji Press) — Tokyo stocks are projected to remain on a weak note this week, with only a few factors seen moving the market after U.S. jobs data, analysts say. Last week, the benchmark 225-…

  • Govt eyes Japan Post share sale as soon as this month

    TOKYO (Reuters) — The government plans to sell shares in Japan Post Holdings Co. as soon as this month, the first sale since the company’s massive 2015 listing, a government source familiar with t…

  • Mitsui Fudosan to build skyscraper in Manhattan

    TOKYO (Jiji Press) — Major Japanese real estate developer Mitsui Fudosan Co. said Friday that it will join a project worth ¥400 billion to ¥450 billion to construct a 58-story office building in …

  • U.S. adds 156,000 jobs in August

    WASHINGTON (AP) — The U.S. job market hit a lull in August, with employers adding a solid but less-than-robust 156,000 jobs and holding back on meaningful pay raises for most workers. Friday’s j…

  • Firms’ internal reserves exceed ¥400 tril.

    TOKYO (Jiji Press) — Combined internal reserves at nonfinancial Japanese companies at the end of fiscal 2016 topped ¥400 trillion for the first time ever, on the back of the recovery of the domest…

  • Honda agrees to $605 mil. settlement over air bags

    DETROIT (AP) — Honda and some of the people suing the company over faulty Takata air bag inflators have agreed to a $605 million settlement. The settlement, which still must be approved by a feder…

  • NAFTA envoys lay out proposals to block Trump

    MEXICO CITY(Reuters) — Trade negotiators from Canada, the United States and Mexico presented more proposals for a renewed North American Free Trade Agreement on Friday and tried to put behind them t…

  • At 80, Toyota faces changing times

    NAGOYA (Jiji Press)— Toyota Motor Corp. sees the need to revive its founding spirit in an era of intense competition amid cataclysmic changes the automobile industry is going through. Leaving its p…

  • Mexico girds for possibility of Trump pulling plug on NAFTA

    MEXICO CITY (AP) — Mexico is taking U.S. President Donald Trump’s threats to leave the North American Free Trade Agreement more seriously as a second round of talks were to open on Friday in Mexic…

  • April-June capital spending up 1.5%

    TOKYO (Jiji Press) — Japanese nonfinancial companies’ combined capital expenditures in April-June rose 1.5 percent from a year before to ¥9.45 trillion, up for the third straight quarter, the Fin…

  • U.S. dollar losing its luster as safe haven

    NEW YORK (AFP-Jiji) — In times of uncertainty or crisis, investors typically take refuge in “safe” options like the Swiss franc, gold or the U.S. dollar, but under President Donald Trump the gre…

  • S. Korea’s exports surpass expectations

    SEOUL (Reuters) — Booming sales of memory chips and electronic displays in August took South Korea’s exports to their longest run of growth in almost six years, highlighting a nascent normalizatio…

  • U.S. awards contracts for prototypes of border wall

    WASHINGTON (AP) — The Trump administration has taken another step toward building a wall on the U.S. border with Mexico, even as funding for the project remains in question. U.S. Customs and Borde…

  • Budget requests for FY18 top ¥100 tril.

    TOKYO (Jiji Press) — General-account budget requests for fiscal 2018 submitted by government agencies by the deadline on Thursday totaled ¥100.9 trillion, topping ¥100 trillion for the fourth con…

  • Intl panel agrees to change bluefin tuna catch quotas

    BUSAN (Jiji Press) — Ten economies, including Japan, the United States and South Korea, agreed on Friday to change catch quotas for Pacific bluefin tuna depending on the extent of stock recovery. …

  • Apple likely to unveil new iPhone on Sept. 12

    SAN FRANCISCO (AFP-Jiji) — Apple sent out invitations Thursday to a Sep. 12 media event at which the U.S. tech giant is expected to unveil new iPhone models for the 10th anniversary of the culture-c…

  • Toshiba’s hopes of avoiding delisting hang by a thread

    Toshiba Corp.’s decision to again delay the sale of its flash memory chip unit has left the struggling electronics maker with very little time to avoid being delisted from the Tokyo Stock Exchange. …

  • Toshiba to continue talks on chip unit sale with 3 groups

    TOKYO (Jiji Press) — Toshiba Corp. said Thursday that the struggling Japanese electronics and machinery maker will continue negotiations on the sale of its flash memory chip unit with three candida…

  • Harvey starts to hit U.S. pump prices

  • Chemical plant poised to explode

  • U.S. growth revised up to 3% in Q2

  • WTO rules against Brazil in line with Japan complaint

  • New Uber boss hints at future IPO

  • Talks on TPP forge ahead; gains made at Sydney round

  • Panasonic to plant AI in new speaker

  • Banks seek to reform branches

  • Reconstruction Agency to cut FY18 budget

  • Long list of demands for TPP revisions put forward

  • Retail sales up for 9th straight month

  • 10-year JGB yield pushed down to 0%

  • Buffett becomes BOA’s top shareholder

  • Alphabet’s Google acts to comply with EU antitrust order

  • U.S. probes Uber for possible violations of bribery laws

  • China starts probe of rubber imports

  • VW recalling 281,000 vehicles due to defect

  • Fitch downgrades Qatar credit rating

  • Power demand to peak in Europe summers, not winters

  • Russian central bank steps in to rescue Otkritie

  • Tokyo stocks decline on growing DPRK risk

  • Toyota to have system to prevent mistaken acceleration

  • Australian investment in China stays low

  • Putin’s ban on cheese imports from EU drives up milk prices

  • Harvey disrupts over one-third of U.S. chemical production

  • Whole Foods slashes prices on some items

  • Ford teams with Domino’s on self-driving delivery test

  • Renault-Nissan to set up China JV with Dongfeng Motor for electric cars

  • Job openings ratio highest in 43 years

  • HondaJet takes 1st place in global small jet market

  • Aso, Pence to discuss economy in early Sept.

  • July household spending unexpectedly declines

  • Toshiba likely to reach deal with Western Digital

  • Convenience stores hire foreigners to tackle labor shortage

  • Govt keeps economic assessment unchanged

  • Toshiba to start final talks to sign memory unit deal

  • Analysts: Samsung heir’s jailing heralds reform drive

  • Uber picks Expedia’s Khosrowshahi as CEO

  • European airlines eye consolidation

  • U.S. current account deficit unlikely to diminish

  • Brazil minister sees annualized growth at 2% pace by year-end

  • Global Economy / Excuses won’t lead to Japan’s fiscal reform

  • Japan looks to wood pulp to make lighter auto parts

  • Laos looks to step up from LDC status by ’30

  • Bird-shaped robot created to practice English conversation

  • Tokyo stocks expected to move narrowly this week as trading volume thins

  • Western Balkans to strengthen economic ties

  • Never too old to code: Meet 82-yr-old developer

  • Germany sees record 1st-half budget surplus

  • Euro hits highest level since 2015

  • 2 Seibu department stores to close

  • Yellen, Draghi mount defense of post-crisis financial rules

  • Flights between Vietnam, Fukushima to increase

  • A Chinese 3D print studio fuses ancient art with modern tech

  • Toshiba presents sale conditions to WD consortium

  • Ikea cuts prices on 600 furniture items in Japan amid intense competition

  • WD to offer ¥150 bil. for Toshiba chip unit

  • China’s wealthiest make huge asset gains

  • Amazon plans to cut prices of staple items at Whole Foods

  • July CPI rises for 7th straight month

  • Qatar enacts law to protect foreign domestic workers

  • HTC said to be weighing up options

  • Tokyo luxury condo sales booming

  • Shipping giant to test guiding of ship remotely

  • Asia markets brush off Trump fears

  • Sale of Whole Foods to Amazon gets green light

  • Up from the ashes: Samsung unveils successor to Note 7

  • Ariz. business group opposes Trump on NAFTA

  • Automakers in frenzied drive to recruit IT-savvy engineers

  • Toshiba-WD talks on chip unit under way

  • Japan Tobacco to buy tobacco business assets of Philippine firm

  • Govt to financially aid small firms that cap overtime

  • H.I.S. Co. customer information compromised

  • Electric vehicle competition revving up under incentives

  • Chevron CEO Watson plans to step down

  • S. Korea rejects U.S. request to discuss renegotiating FTA

  • Department store sales down 1.4%

  • Mercari offers app for brand items

  • Itochu to better aid staff with cancer

  • Fujitsu mulling sale of mobile phone unit

  • Private funds to help solve social issues

  • FSA to dismantle iconic Inspection Bureau in FY18

  • BOJ price goal looking like tall order / But companies not interested in more easing

  • Tokio Marine opens Phnom Penh office

  • Saudi airports to be moved to sovereign wealth fund

  • McDonald’s to shutter 169 outlets in India

  • JPMorgan pledges up to $2 mil. to fight racism

  • U.S. Air Force hands out contracts to Boeing, Northrop for ICBM replacement

  • Great Wall confirms interest in FCA

  • Iraq plans major change to oil pricing for Asia

  • Lending industry group to urge more measures against excessive debts

  • Inflation on agenda as world’s bankers meet

  • Apple under pressure to dazzle as market slows

  • Govt studying timing for JP share sale

  • China banks’ leverage falls for 1st time since 2010

  • Citigroup’s Tokyo office move said to shift 1,200 workers

  • Hyundai Motor Group urged to fix ownership structure

  • Workers seen losing annual ¥8.5 tril. from overtime cap

  • Thai economy gains exceed forecasts

  • China expresses strong dissatisfaction with U.S. trade probe

  • Kirin survey: 2016 global beer output down for 3rd year

  • Countries to discuss plunging tuna stocks

  • Nikkei hits fresh 3-month low over North Korea tensions

  • Initial NAFTA talks wrap up amid worries over schedule

  • Global Economy / How to achieve growth amid falling population

  • Britain moves to shift Brexit talks to trade

  • U.S. solar eclipse to be major test for renewable power

  • U.S. auto content request not detailed at NAFTA talks

  • Flight to eclipse: $10,000 seat

  • Popularity of minicars, pedelecs hurts domestic motorcycle sales

  • Tokyo stocks expected to remain soft on lingering N. Korea woes this week

  • Infosys CEO resigns after feud with founders

  • China to limit firms’ investments abroad

  • Hollywood, Apple mull digital film rentals deal

  • U.K. sees 10.75 mil. foreign visitors in Q2

  • Fitch upgrades Greece’s debt rating

  • U.S. launches probe into China IP trade

  • Mobile ATMs bring bank to door

  • Legoland Japan to give free tickets to 1-day pass visitors

  • U.S., S. Korea to start talks Tuesday on trade pact

  • Trump scraps infrastructure council plan

  • Focus on China puts Bannon out of step

  • USTR shows concerns about Japan beef tariffs

  • Nikkei hits 3-month closing low amid Trump uncertainties

  • Business circles uneasy over Moon’s comments

  • Quake-hit railway striving to win back passengers

  • Wal-Mart gives tepid outlook as grocery competition mounts

  • Lenovo posts surprise loss as PC sales slump

  • Dreary weather takes profit as well as fun out of summer

  • U.S. takes hard line into NAFTA talks

  • Japan logs trade surplus, but well down from year ago

  • White House assures Aug. health payments

  • Visitors to Japan hit record 2.68 mil. in July

  • Casino giants looking for clarity

  • Cathay hits turbulance with huge 1st-half loss

  • AI to analyze anger of insurance firm clients

  • Trump signs order to speed up infrastructure

  • U.S. chasing ‘ambitious’ NAFTA deal

  • E-book sellers get break from Amazon pricing clause

  • Kagome to sell U.S. subsidiary stake

  • Japan eyes municipalities’ role in using idle land plots

  • Japan to urge HK to lift food import ban

  • Uber to be audited over privacy breach

  • End of U.S. payments to health insurers would cause premiums to rise next year

  • AIG to shop death benefits portfolio

  • China regains spot as largest foreign lender to U.S. govt

  • Debt levels in U.S. register another record high in Q2

  • IMF: China debt on a ‘dangerous trajectory’

  • Appliance shops see hope in IoT tech

  • Air Berlin files for insolvency but keeps flying

  • Legoland Japan park struggling to change overpriced reputation

  • Trump orders investigation of China’s trade policies

  • China ‘will defend interests’

  • 3 CEOs resign from Trump council over Charlottesville

  • Merkel shifts gear on diesel vehicles

  • Canada looking to add protections to NAFTA

  • Ryanair calls for curbs on alcohol sales at British airports

  • Shipments of sake made in France to start in Sept.

  • Japan’s shoppers open their wallets

  • The cars are the stars

    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…

  • Marronnier Gate 2 and 3 open after renovations

  • Financial literacy survey shows Japan-U.S. gap in knowledge

    A survey conducted on financial literacy found that people in Japan have a poorer understanding of financial matters than respondents to similar surveys conducted in the United States and by the Orga…

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