Fukushima to cut checks on rice

  • Self-regulatory body to launch

    TOKYO (Jiji Press) — Sixteen cryptocurrency exchange operators in Japan said Friday they will set up a new industry group, aiming to gain regulatory approval for it to act as a self-regulatory body…

  • Fukushima to cut checks on rice

    FUKUSHIMA (Jiji Press) —The Fukushima prefectural government said Friday that it will cut back on radiation checks for rice grown in the prefecture as early as 2020. Radiation checks for all Fukus…

  • Nippon Life Insurance to acquire MassMutual Life

    TOKYO (Jiji Press) — Nippon Life Insurance Co. said Friday it will purchase an 85.1 percent stake in MassMutual Life Insurance Co., a Japanese unit of U.S. insurer MassMutual Financial Group, for s…

  • Arcelor, Nippon Steel join forces to bid for insolvent Essar

    TOKYO (Bloomberg) — The world’s biggest steelmaker, ArcelorMittal, and Japan’s top mill will form a partnership to bid for Essar Steel India Ltd., the insolvent producer that could fetch at leas…

  • May: U.K. must face hard facts about Brexit

  • Trump announces steep metal tariffs

    WASHINGTON (Reuters) — U.S. President Donald Trump announced on Thursday he would impose hefty tariffs on imported steel and aluminum to protect U.S. producers, risking retaliation from major trade …

  • Jan. jobless rate falls to lowest in nearly 25 years

    TOKYO (Jiji Press) — Japan’s seasonally adjusted jobless rate stood at 2.4 percent in January, the lowest level since the 2.3 percent in April 1993, a government report showed Friday. The Janua…

  • Surprise move on import tariffs fuels Wall St. sell-off

    NEW YORK (Reuters) — The Dow and S&P 500 registered a third straight day of more than 1 percent declines on Thursday after U.S. President Donald Trump said the United States would impose import tari…

  • Slovak police hold 7 over murder of reporter, girlfriend

  • Nissan to deepen ties with Renault

    Nissan Motor Co. will strengthen its ties with French automaker Renault SA, and both companies will integrate their development operations for new vehicles from April, Nissan Chairman Carlos Ghosn ann…

  • Tokyo stocks dive on concerns over U.S. protectionism

    TOKYO (Jiji Press) — Stocks dived further on the Tokyo Stock Exchange on Friday after U.S President Donald Trump’s fresh protectionist policy move triggered a sell-off on Wall Street overnight. T…

  • Kuroda pledges to harness full power of Bank of Japan

    Bank of Japan Gov. Haruhiko Kuroda pledged Friday to make the best use of the central bank’s power to positively contribute to the Japanese economy. “By bringing out the Bank of Japan’s collect…

  • U.S. energy industry slams Trump’s ‘job-killing’ tariffs

    HOUSTON/WASHINGTON (Reuters) — The U.S. oil and gas industry on Thursday slammed U.S. President Donald Trump’s plan to impose tariffs on imported steel, saying the move would kill energy jobs by r…

  • EU promises prompt, firm response

    BRUSSELS (Reuters) — The European Union said it would propose countermeasures within days in response to the United States’ decision to impose hefty tariffs on steel and aluminum imports, which i…

  • Canada vows to retaliate

    OTTAWA (Reuters) — Canada will retaliate against any U.S. tariffs on steel and aluminum products, officials said Thursday, as Ottawa faced what could be one of the biggest economic threats since Do…

  • U.S. auto industry sees chilly Feb. despite strong SUV sales

    DETROIT (Reuters) — Major automakers reported lower U.S. new vehicle sales for February on Thursday as consumer demand continued to cool despite strong crossovers and SUV sales, but surprisingly wea…

  • BOJ’s Kataoka cautious on early exit from easy policy

    OKAYAMA (Reuters) — Bank of Japan board member Goushi Kataoka on Thursday cautioned against a premature exit from the BOJ’s ultra-loose monetary policy and called for a ramping up of the bank’s…

  • Ford, Miami team to test self-driving cars

    DETROIT (AP) — Ford Motor Co. is making Miami-Dade County its new test bed for self-driving vehicles. The automaker and its partners — Domino’s Pizza, ride-hailing company Lyft and delivery co…

  • Germany weighs options to avoid diesel bans after ruling

    BERLIN (Reuters) — Germany’s government scrambled on Wednesday to find ways to avoid bans on heavily polluting diesel vehicles in major cities, seeking to reassure drivers and carmakers after a co…

  • Dyson posts $1.1 bil. profit on booming Asian demand

    LONDON (Reuters) — Dyson, the British company that reinvented the vacuum, said it made record earnings of £801 million ($1.10 billion) last year after Asian consumers bought more of its battery-po…

  • India regains status as fastest growing major economy

    NEW DELHI (Reuters) — India regained its status as the world’s fastest growing major economy in the October-December quarter, surpassing China for the first time in a year as government spending,…

  • Mexico airs concerns over U.S. steel tariffs

    MEXICO CITY (Reuters) — Mexico’s economy minister met with top U.S. trade officials on Wednesday midway through the latest push to renegotiate the NAFTA trade deal, as concerns about steel added …

  • 7 years after 3/11: Fukushima exports fish for 1st time since N-accident

    FUKUSHIMA (Jiji Press) — Fresh fish was shipped to Thailand from Fukushima Prefecture on Wednesday, marking the first fish exports from the prefecture since the March 2011 nuclear accident. The pr…

  • Takata submits rehabilitation plan

    TOKYO (Jiji Press) — Takata Corp. said Wednesday it has submitted a rehabilitation plan to Tokyo District Court following its bankruptcy due to massive recalls of its defective air bags. The plan …

  • Exxon quits Russian joint ventures over sanctions

    HOUSTON (Reuters) — Exxon Mobil Corp. said on Wednesday it will exit joint ventures with Russia’s Rosneft, citing U.S. and European Union sanctions first imposed in 2014. The move is an about-fa…

  • EU, Japan look to clinch trade deal before Brexit

    BRUSSELS (Reuters) — Japan and the European Union are rushing to ensure that their planned free trade agreement can enter force early in 2019, ideally before Britain leaves the EU, the lead negotia…

  • Spotify set to launch unusual IPO

    SAN RAMON, Calif. (AP) — Music-streaming pioneer Spotify is hoping to attract a new crowd of fans on Wall Street as its competition with Apple heats up. Spotify is pursuing an unusual initial publ…

  • Job-hunting season gets under way

    TOKYO (Jiji Press) — University students in Japan who are due to graduate in spring 2019 started job-hunting activities on Thursday. Based on employment guidelines set by the Japan Business Federa…

  • Toyota to keep Auris in U.K., showing post-Brexit resolve

    LONDON (Bloomberg) — Toyota Motor Corp. will keep its plant in Britain as the sole European producer of its Auris hatchback in a bet the country can remain competitive after it negotiates an exit fr…

  • Powell’s bullish outlook on U.S. economy rattles markets

    WASHINGTON (AP) — New Federal Reserve Chairman Jerome Powell delivered a message Tuesday that wasn’t quite what Wall Street had expected: The U.S. economy is doing well, maybe even better than he …

  • Japan Jan. industrial output falls by 6.6%

    TOKYO (Bloomberg) — Japan’s factory output fell by the most in nearly seven years in January, while retail sales also slid more than expected. Still, the economy’s export-driven growth trend rem…

  • 8 automakers’ domestic output down 3.1% in Jan.

    TOKYO (Jiji Press) — Combined passenger car production in Japan by eight major domestic makers in January fell 3.1 percent from a year before to 702,808 units, its first decline in 15 months, data …

  • Suntory unit holds London event for Japanese craft gin

    LONDON (Jiji Press) — Beam Suntory Inc., a U.S. unit of major Japanese beverage group Suntory Holdings Ltd., held an event in London on Tuesday to promote Japanese craft gin Roku, which uses ingred…

  • EBay to buy Qoo10 Japan, other assets

    EBay Inc. said on Tuesday it would buy Giosis Pte Ltd’s Japanese business, including the Qoo10 online shopping platform, to expand its presence in Asia’s second-largest economy. Giosis, which al…

  • Rice planting seen flat after output adjustment

    TOKYO (Jiji Press) — Rice planting for harvest during 2018 is seen generally flat from the previous year across the nation, following the end of the government’s production adjustment policy this…

  • Chubu Electric, Osaka Gas to team up in greater Tokyo

    TOKYO (Jiji Press) — Chubu Electric Power Co. and Osaka Gas Co. said Tuesday that they will jointly launch a new company in April to sell electricity and gas to households and businesses in the gre…

  • Kobe Steel to release final probe report on March 6

    TOKYO (Jiji Press) — Kobe Steel Ltd. decided at a board meeting Tuesday to release an external investigation committee’s final report on product data manipulation at the company and preventive me…

  • EU eyes signing EPA by summer

    BRUSSELS (Jiji Press) — The European Union wants to sign an economic partnership agreement with Japan by summer if possible on the occasion of summit talks, European Commissioner for Trade Cecilia …

  • Housing starts down 13% in Jan.

    TOKYO (Jiji Press) — Housing starts in Japan in January fell 13.2 percent from a year before to 66,358 units, down for the seventh consecutive month, the land ministry said Wednesday. The first d…

  • Tractor trade tracks upward

    TOKYO (Jiji Press) — Construction machinery shipments by Japanese makers in fiscal 2018 are projected to rise 5 percent from the previous year to ¥2,399.8 billion, an industry group said Tuesday. …

  • Digital comic sales exceed paper versions’

    TOKYO (Jiji Press) — Estimated sales of digital comic books, excluding magazines, exceeded those of paper versions for the first time in Japan in 2017, industry data showed Monday. According to t…

  • U.S. goods trade data points to slow Q1 growth

    WASHINGTON (Reuters) — New orders for U.S.-made capital goods unexpectedly fell for a second straight month in January and shipments barely rose, pointing to a slowdown in business spending on equi…

  • IEA expects Russia to lose its status as world’s top oil producer by 2019

    TOKYO (Reuters) — The United States will overtake Russia as the world’s biggest oil producer by 2019 at the latest, the International Energy Agency (IEA) said on Tuesday, as the country’s shale…

  • China drops import duties on chickens from U.S.

    BEIJING (Reuters) — China’s Commerce Ministry said it has removed anti-dumping and anti-subsidy duties on U.S. white-feathered broiler chickens, ending a years-long dispute between the world’s …

  • U.S. finds Chinese aluminum foil being dumped, subsidized

    WASHINGTON (Reuters) — The U.S. Commerce Department said on Tuesday it had made a final determination that imports of aluminum foil from China are being sold in the United States at less than their …

  • German court paves way for diesel driving bans

    LEIPZIG, Germany (AFP-Jiji) — A top German court on Tuesday ruled that cities can impose diesel driving bans to combat air pollution, a landmark decision that plunges millions of car owners into unc…

  • EU to act if U.S. introduces steel tariffs, Germany warns

    BERLIN (Reuters) — European Union trade ministers agreed at a meeting on Tuesday that they would respond with countermeasures if the United States brings in import tariffs on steel and aluminum, Ge…

  • Amazon buys Ring in $1 bil. deal to run home security

    SAN FRANCISCO/NEW YORK (Reuters) — Amazon.com Inc. has agreed to buy video doorbell maker Ring, the companies said on Tuesday, in what analysts see as a growing bet on delivering packages inside of …

  • AIIB approves $1.5 billion in loans to India

    NEW DELHI (Reuters) — Beijing-based Asian Infrastructure Investment Bank (AIIB) has approved $1.5 billion in loans to India for infrastructure-related projects in 2018, a senior official of the AII…

  • China demand puts Cuban cigar sales on a roll

    HAVANA (Reuters) — A surge in sales of Cuba’s legendary cigars in China helped manufacturer Habanos S.A.’s global revenue rise 12 percent to hit a record of around $500 million last year, the co…

  • Huawei in 5G trials with 30 firms; CEO dismisses U.S. security fears

    BARCELONA (Reuters) — The chief executive of Huawei said on Monday the pace of commercialization for next-generation 5G wireless network is picking up as the Chinese telecom equipment maker has begu…

  • Banking no longer most popular career

  • Aston Martin, back in black, gears up for IPO

    LONDON (Reuters) — Aston Martin delivered its first annual pre-tax profit since 2010 on Monday after last year’s sales reached a nine-year high, while the luxury British carmaker also confirmed it…

  • FSA struggles with ‘quasi-operators’

    The Financial Services Agency is debating whether to allow the registration of quasi-operators of cryptocurrency exchanges, in the wake of the recent massive theft of digital currency from exchange se…

  • BOK keeps its key rate unchanged

    SEOUL (Bloomberg) — The Bank of Korea left its benchmark interest rate unchanged in Gov. Lee Ju Yeol’s last policy meeting, as it weighs risks to its economic outlook with concerns about record ho…

  • Toyota to pursue petrol but sees electric potential

    TOKYO (Reuters) — Toyota Motor Corp. stuck to its commitment to improving petrol engines on Monday with new powertrain units, while flagging technologies that could find their way into electric vehi…

  • Trump slams Japan auto stadards

    WASHINGTON (Jiji Press) — U.S. President Donald Trump on Monday voiced his dissatisfaction with Japan’s safety and environmental standards for automobiles. At a meeting with state governors at th…

  • Rakuten applies for frequency band

    TOKYO (Jiji Press) — Rakuten Inc. has applied for frequency band allocation from the Japanese communications ministry to start mobile phone services, company officials said Monday. If approved, the…

  • Tokyo stocks gain more ground, lifted by Wall St. rises

    TOKYO (Jiji Press) — Stocks gained further ground on the Tokyo Stock Exchange on Monday thanks to rises on Wall Street on Friday, lifting the benchmark Nikkei average to a three-week closing high. …

  • Samsung launches Galaxy S9 with focus on social media

    BARCELONA/SEOUL (Reuters) — Samsung Electronics Co. unveiled its flagship Galaxy S9 smartphone on Sunday with an emphasis on visual applications for social media, hoping to attract tech savvy young …

  • Inpex wins rights for Abu Dhabi oil stake

    DUBAI/TOKYO (Bloomberg) — Japan’s Inpex Corp. won development rights for a 10 percent stake in Abu Dhabi’s Lower Zakum offshore oil field for $600 million. The contract is for 40 years and sta…

  • Rice in small amounts selling well in Japan

    TOKYO (Jiji Press) — The marketing strategy of selling rice in small volumes has recently been successful in Japan on the back of a rise in the number of one-person households and small families. …

  • More firms asking staff to take voluntary retirement

    TOKYO (Jiji Press) — More and more listed companies in Japan are soliciting voluntary retirements, as they move to cut high-paid middle-aged and older workers to slash labor costs. The number of l…

  • Sompo Holdings unit to enter disability income insurance biz

    TOKYO (Jiji Press) — Sompo Japan Nipponkoa Himawari Life Insurance Inc. will enter the disability income insurance business, in response to growing demand and aiming to increase profitability, info…

  • Suntory program to use saved overtime costs for employees’ cancer treatment

    TOKYO (Jiji Press) — Suntory Holdings Ltd. is set to create a unique program in April in which part of the money the firm saves by cutting overtime through work style reform steps is paid to employ…

  • Stink bugs disrupt Japan cargo to N.Z.

    SYDNEY (Jiji Press) — Three vessels carrying automobiles and machinery from Japan were refused entry at New Zealand ports for unloading this month after they were found to be infested with invasive…

  • CI revised down for December

    TOKYO (Jiji Press) — Japan’s Cabinet Office said Monday it has revised down the composite index of coincident economic indicators for December. The revised coincident CI, which reflects current …

  • Ford aims to set up bank in Germany

    LONDON (Reuters) — Ford said recently it hopes to set up a bank in Germany in the second half of the year after applying for a license in the country as part of its strategy to mitigate any risk fr…

  • U.S. tells India to cut tariffs as trade friction heats up

    NEW DELHI (Reuters) — U.S. businesses and diplomats are pressing India to cut tariffs, industry and government sources say, after New Delhi’s move to increase customs duties on dozens of products …

  • GM Korea seeks to trim benefits, freeze wages

    SEOUL (Reuters) — General Motors Co. will propose a base wage freeze and no bonuses this year along with a suspension of some worker benefits at its money-losing South Korean unit to cut costs, acc…

  • Trump tax cut fuels record profit for Buffett’s Berkshire

    Warren Buffett’s Berkshire Hathaway Inc. on Saturday reported a record quarterly and annual profit, fueled by a big cut in the U.S. corporate income tax rate championed by President Donald Trump. …

  • Higher prices expected amid plunge in glass eel catches

    Catches of glass eel, or juvenile Japanese eel, have been extremely low this season. As of the end of January, the volume of glass eels put into domestic aquaculture ponds was about 10 percent that …

  • Fujitsu using IoT to improve distribution

    A new service from Fujitsu Ltd. utilizes Internet of Things (IoT) technology to detect unproductive or inefficient workflows in warehouses. Fujitsu developed the new service for the distribution indu…

  • Coincheck mulls capital tie-up

    TOKYO (Jiji Press) — Japanese virtual currency exchange operator Coincheck Inc. is considering a capital tie-up to strengthen its financial base and regain trust following a massive cryptocurrency …

  • Trump likely to favor stiffest U.S. steel, aluminum tariffs

    WASHINGTON (Bloomberg) — U.S.President Donald Trump has told confidants that he wants to impose the harshest tariffs on steel and aluminum imports recommended by the Commerce Department, according t…

  • Volkswagen profit roars back 2 years after scandal

    FRANKFURT(AFP-Jiji) — The world’s largest carmaker Volkswagen appeared back in racing form Friday, as its 2017 results revved back to levels not seen since before its devastating “dieselgate”…

  • Ube Industries in data scam

    TOKYO (Jiji Press) — Ube Industries Ltd. said Friday that some quality checks demanded by clients were skipped for low-density polyethylene products at a plant in eastern Japan and that they were s…

  • Global Economy / Excessive acceleration of the U.S. economy feared

    At the beginning of February, the plunge of stock prices in the United States rocked financial markets around the world, but favorable conditions prevail in the U.S. economy. The U.S. economic recover…

  • Chinese tycoon buys Daimler stake

    The billionaire founder of Zhejiang Geely Holding Group Co. has accumulated a stake worth about €7.3 billion ($9 billion) in Daimler AG, marking the biggest investment in a global automobile manufa…

  • Russia gets S&P upgrade

    MOSCOW/SAO PAULO (Bloomberg) — Russia won its first upgrade from S&P Global Ratings since 2006, a milestone decision that returns the world’s biggest energy exporter to investment grade after thre…

  • Diesel car sales surging back

    Diesel vehicles are making a comeback in the domestic car market. Sales of diesel cars fell in 2016 in the wake of the emissions scandal involving the German automaker Volkswagen, but they rebounde…

  • NRA, Florida face backlash after shooting

  • Manafort indictment puts focus on ex-leaders

    KIEV (AP) — A new indictment against former Donald Trump campaign chief Paul Manafort focused a spotlight Saturday on uncovering the former European leaders who prosecutors contend were secretly pa…

  • Leaders / It’s not what you sell, but how you sell it / Standing in the customer’s shoes is crucial

    Japanese snack maker Calbee, Inc., known for favorites such as its Kappa Ebisen shrimp-flavored fried snack and its potato chips, has steadily increased its performance despite the maturing market it…

  • Tokyo stocks likely to be swayed by Powell comments on rate hikes

    TOKYO (Jiji Press) — Tokyo stocks are likely to be swayed by the first congressional testimony by new U.S. Federal Reserve Chairman Jerome Powell this week, analysts say. Last week, the benchmark …

  • Iconic cookware shop to open Paris outlet in May

    An iconic, long-established cookware shop near Tokyo’s Asakusa district will soon expand to another of the world’s culinary capitals. Kama-asa, which boasts a 110-year history, plans to open its …

  • Apps fuel growth of used-goods market

    More and more people are buying and selling used items, such as clothing and home appliances, rapidly expanding the market for such items. People are now able to easily buy and sell used items on t…

  • Trump: Reentering TPP a possibility

    WASHINGTON (Bloomberg) — U.S. President Donald Trump said he would consider rejoining the Trans-Pacific Partnership if the United States could negotiate more favorable terms. “TPP was a very bad…

  • Nissan, DeNA to test autonomous mobility service

    YOKOHAMA (Jiji Press) — Nissan Motor Co. and DeNA Co. announced Friday the outline of a planned joint trial of an autonomous mobility service using a smartphone app, aiming for a service launch in …

  • Fed report shows little inflation worry

    WASHINGTON (AFP-Jiji) — A jump in U.S. wage gains in January spooked financial markets, but the Federal Reserve in a report Friday seemed to tamp down concerns that the increases were poised to fuel…

  • BMW admits it misled on emissions

  • Pyeongchang showcases next-gen mobile technology

    PYEONGCHANG/GANGNEUNG — Special booths have been installed at the Pyeongchang Olympic Games so visitors can experience fifth-generation telecommunications technology (5G), the next-generation system…

  • Mobile game ‘Tabikaeru’ makes splash in China

    BEIJING (Jiji Press) — “Tabikaeru,” or travel frog, a free Japanese mobile game in which players look after a frog in a virtual house, has become a major hit in China, despite being available o…

  • Drone use in agriculture increasing in Japan

    TOKYO (Jiji Press) — The number of drones used in agriculture is increasing in the country, with some farmers starting to utilize the aerial vehicles for visual inspections of crops and other new p…

  • Uber CEO pledges aggressive push into Southeast Asia despite costs

    NEW DELHI (Reuters) — Uber Technologies Inc.’s chief executive pledged to continue investing aggressively in Southeast Asia even though the U.S. ride hailing firm expects to lose money in the fas…

  • Mattis backs targeted steel, aluminum tariffs

    WASHINGTON (Reuters) — The U.S. Defense Department has voiced support for the Trump administration’s bid to impose national security restrictions on imports of steel and aluminum, although it wou…

  • HondaJet soars to 1st place in ’17 small-jet orders

    TOKYO (Jiji Press) — Honda Motor Co. said Thursday that the HondaJet, manufactured by a U.S. subsidiary, became the most delivered small jet in the world for the first time on an annual basis in 20…

  • Chinese govt seizes control of Anbang Insurance

  • Consumer prices continue rise

    TOKYO (Jiji Press) — Core consumer prices climbed 0.9 percent from a year earlier in January, up for the 13th month in a row, as upbeat oil prices led to rises in electricity and gasoline prices, t…

  • WTO sides with Japan over S. Korea’s fishery products ban

    A World Trade Organization dispute settlement panel has sided with Japan over South Korea’s restrictions on fishery products imported from Japan, releasing on Friday a report that calls on South Kor…

  • Premium Friday fails to take root

    The Premium Friday campaign aimed at boosting consumer spending by encouraging people to finish work early on the last Friday of every month marked one year since its launch on Friday. The campaign …

  • Takata reaches settlement with U.S. states over air bags

    DETROIT (AP) — Air bag maker Takata Corp. has reached a $650 million deal to settle consumer protection claims from 44 U.S. states and Washington, D.C., but only a fraction of the money will be paid…

  • Defector to rival ignites yogurt rift

    NEW YORK (Bloomberg) — The war between established yogurt makers and upstarts intensified when Dannon Co. sued a former senior vice president for allegedly taking confidential information and trade…

  • Top Ford exec departs over ‘behavioral’ issue

    DETROIT (Reuters) — Ford Motor Co. said on Wednesday that Raj Nair, its president for North America, was leaving the company immediately after an internal investigation found his behavior was “in…

  • Existing U.S. home sales drop on waning supply

    WASHINGTON (AP) — U.S. sales of existing homes fell in January from a year earlier by the most in more than three years. Would-be buyers were stymied by rising prices and a shortage of homes for sal…

  • U.S.-pushed rules on ice in final version of TPP

    WELLINGTON/SYDNEY (Reuters) — The final version of a landmark deal aimed at cutting trade barriers in some of Asia-Pacific’s fastest-growing economies was released on Wednesday, signaling the pac…

  • Qantas soars to bumper profits, plans pilot school

    SYDNEY (AFP-Jiji) — Qantas Airways posted a bumper 17.9 percent jump in interim net profit Thursday and announced a share buyback, while outlining plans to create one of the southern hemisphere’s…

  • U.S. vows action on unfair trade practices

    WASHINGTON (Jiji Press) — U.S. President Donald Trump expressed his strong determination on Wednesday to take tough action against unfair trade practices in foreign countries. Pushing to make int…

  • Fed: Stronger economy boosts chance for rate hikes

    WASHINGTON (AP) — Federal Reserve officials at their January meeting saw a brightening global economic picture and the effects of recently passed tax cuts raising the prospect for solid growth and c…

  • EU antitrust watchdog imposes big cartel fines

    BRUSSELS (AP) — The European Union’s antitrust watchdog is sounding the warning to business cartels by announcing fines totaling more than half a billion euros ($600 million) in three anti-trust c…

  • Companies compete to snag job changers

    The career-change market is booming, fueled by a recovering economy and a tight labor market in which the number of job openings significantly exceeds that of employees seeking to change jobs. A se…

  • New condo prices hit record high

    TOKYO (Jiji Press) — The average price for new condominiums in 2017 hit a record high, on the back of strong demand in central Tokyo despite dizzying price levels, a private research institute sai…

  • Japan’s chief negotiator would welcome idea of post-Brexit U.K. joining TPP

    Japan’s chief negotiator for the Trans-Pacific Partnership (TPP), Kazuyoshi Umemoto, said Tuesday that Japan would welcome the idea of Britain joining the TPP trade group after Brexit. “The purpo…

  • Japan likely to exceed quota on bluefin tuna for 2nd year

    Japan’s ability to abide by international restrictions on bluefin tuna fishing is in doubt. It appears that for the second year in a row, Japan will exceed its quota on small bluefin tuna caught in…

  • S. Korea launches WTO trade challenge against U.S.

    GENEVA (Reuters) — South Korea has launched a wide-ranging complaint at the World Trade Organization to challenge the U.S. use of anti-subsidy and anti-dumping duties, citing their use on steel and …

  • EU, Mexico say progress made after trade talks

    MEXICO CITY (Reuters) — European Union and Mexican negotiators wrapped up a ninth round of talks on Tuesday aimed at modernizing their two-decade-old free trade deal, saying they had agreed on five…

  • Venezuela says launch of ‘petro’ raised $735 mil.

    CARACAS (Reuters) — President Nicolas Maduro said Tuesday that Venezuela had received $735 million in the first day of a pre-sale of the country’s “petro” cryptocurrency, aimed at pulling the…

  • Mitsubishi Corp. to up stake in Mitsubishi Motors Corp. to 20%

    TOKYO (Jiji Press) — Major trader Mitsubishi Corp. said Tuesday that it will increase its equity stake in Mitsubishi Motors Corp. from 9.24 percent to about 20 percent on a voting-rights basis th…

  • Overconfidence at Mitsubishi Cable caused scandal

    TOKYO (Jiji Press) — A data falsification scandal involving a Mitsubishi Materials Corp. unit was caused by overconfidence about quality control and a lack of risk awareness, an investigative commi…

  • Toyota develops cheaper magnet for EV motors

    NAGOYA (Jiji Press) — Toyota Motor Corp., in a world first, has developed a magnet for electric vehicle motors that is equally powerful but significantly cheaper than magnets using a pricey rare ea…

  • Japan crude steel production up 0.3%

    TOKYO (Jiji Press) — Crude steel production in Japan in January grew 0.3 percent from a year before to 9.03 million tons, up for the third straight month, the Japan Iron and Steel Federation said T…

  • Snow helps sales at convenience stores

    TOKYO (Jiji Press) — Sales at convenience stores in Japan in January rose 0.1 percent from a year before to ¥741.8 billion on a same-store basis, up for the first time in eight months, the Japan F…

  • Foreigners log net Japanese bond selling

    TOKYO (Jiji Press) — Foreign investors became net sellers of Japanese bonds, excluding short-term government securities, for the first time in three years and seven months in January, industry data…

  • Sumitomo to invest in digital media biz

    TOKYO (Jiji Press) — Japanese trading house Sumitomo Corp. said Wednesday that it will make a full-scale entry into the digital media sector, including the distribution of music and video over the…

  • Guitar maker Gibson fighting for survival

    SAN FRANCISCO (AFP-Jiji) — World-famous guitar maker Gibson, whose instruments have been played by the likes of John Lennon and Elvis Presley, is facing serious financial problems that threaten its…

  • Sake exports reach record high again

    Japan’s sake exports increased 19 percent in 2017 from the previous year to 23,481 kiloliters, setting a record high for eight years in a row. Partly boosted by a growing interest in Japanese cuis…

  • Spanish minister picked as next ECB vice president

    BRUSSELS (Reuters) — Eurozone finance ministers on Monday chose Spanish Economy Minister Luis de Guindos to succeed European Central Bank Vice President Vitor Constancio in May, a move likely to bo…

  • Chicken chaos shuts 700 KFC stores in U.K.

    LONDON (AFP-Jiji) — U.S. fast-food chain KFC said Monday it had shut hundreds of British stores as German delivery supplier DHL left them short of fowl and customers without their “fried chicken …

  • Aging Singapore unveils tax increase measures

    SINGAPORE (Reuters) — Singapore said its sales tax will rise to 9 percent from 7 percent, but the change will only come “sometime” between 2021 and 2025, making it likely that the increase woul…

  • Japan’s steel industry protests U.S. tariff plan

    TOKYO (Jiji Press) — Japan Iron and Steel Federation Chairman Kosei Shindo voiced Monday his strong displeasure at U.S. Commerce Department-recommended measures against steel imports. The anti-imp…

  • Saudi Arabia Cabinet approves bankruptcy law

    DUBAI/KHOBAR, Saudi Arabia (Reuters) — Saudi Arabia’s Cabinet has approved a bankruptcy law, sources familiar with the matter said Sunday, giving a boost to efforts to make the kingdom more entic…

  • Japan logs ¥943 bil. trade deficit

    TOKYO (Jiji Press) — Japan posted a customs-cleared trade deficit of ¥943.4 billion in January, the first red ink in eight months, the Finance Ministry said in a preliminary report Monday. But Ja…

  • Local rules being prepared for minpaku private lodging biz

    TOKYO (Jiji Press) — Ahead of the introduction of a law to regulate the “minpaku” private lodging business in Japan in June this year, dozens of local governments across the country have starte…

  • Taxi industry signals new direction with ride-sharing

    Services offered by taxi companies are changing. The taxi industry and the Land, Infrastructure, Transport and Tourism Ministry are conducting practical trials of new services such as ride-sharing, fo…

  • 2017 global dividends hit record high at $1.25 trillion

    MILAN (Reuters) — Global dividends rose 7.7 percent to an all-time high of $1.25 trillion last year, boosted by a buoyant world economy and rising corporate confidence, Janus Henderson said on Mond…

  • U.S. cities pitching diversity in an effort to lure more businesses

    Some U.S. cities and regions are highlighting racial diversity along with positive business climates, competitive tax rates and available land in pitches to lure tech companies and high-paying jobs t…

  • Tokyo stocks rise further as U.S. gains encourage players

    TOKYO (Jiji Press) — Stocks continued to surge on the Tokyo Stock Exchange on Monday, with investors encouraged to see the U.S. Dow Jones industrial average extend its winning streak to a sixth sess…

  • Ikinari Steak adds house in Manhattan

    NEW YORK (Jiji Press) — The fourth U.S. restaurant of Ikinari Steak, a popular Japanese chain, opened near Fifth Avenue in New York’s Manhattan last week. In the new steakhouse, located between F…

  • Securities firms target elderly customers

    TOKYO (Jiji Press) — Japanese securities firms are boosting services to support shukatsu end of life preparations as a marketing strategy to lure elderly customers. Securities firms are aiming to a…

  • Global Economy / Can China achieve modernization as envisioned?

    With the start of his second term, Chinese President Xi Jinping announced his goal of realizing “socialist modernization” by 2035. What would such a country look like? “In 2035, China will hol…

  • Bailey’s Burberry farewell tops fashion week

    LONDON (AP) — Christopher Bailey’s final show as Burberry creative director dominated London Fashion Week on Saturday. Bailey is leaving the popular brand later this year after a 17-year stint th…

  • 56.5% of firms seen raising pay

    TOKYO (Jiji Press) — A Teikoku Databank Ltd. survey showed Friday that the proportion of Japanese companies expecting to offer pay hikes for regular workers in fiscal 2018 came to 56.5 percent, the…

  • Fitch upgrades Greece to ‘B’ rating

    Fitch Ratings raised Greece’s sovereign credit rating by one notch on Friday and said general government debt sustainability would improve on sustained economic growth and reduced political risks. …

  • Tokyo stocks seen firm this week with fewer trading incentives

    TOKYO (Jiji Press) — Tokyo stocks are expected to move on a firm note this week, with the market’s downside underpinned by solid corporate performances in Japan. Last week, the benchmark 225-iss…

  • Abe prioritizes stability in sticking with Kuroda

    Prime Minister Shinzo Abe’s praise for Haruhiko Kuroda suggests he was considering reappointing him early in the selection process for a Bank of Japan governor. Abe previously said, “I have trust …

  • U.S. home construction at highest level since Oct. ’16

  • Japan in Depth / Exit strategy from BOJ’s monetary easing remains unseen

  • Trump recommended to mull new tariffs on steel, aluminum

  • Pilot shortage puts LCCs in a bind

  • Ghosn pledges ‘irreversible’ alliance with Nissan

  • Cheeseburger removed from McDonald’s Happy Meals

  • U.S. says Chinese group can’t buy Chicago Stock Exchange

  • Renault green-lights Ghosn for 4 more years, picks No. 2

  • Nidec chief to step down after 45 yrs

  • Massive easing here to stay

  • 3% hike in pay easier said than done

  • Aso warns against yen’s rise

  • U.S. producer prices rise in Jan., signaling inflation pressures

  • Major trading houses on prowl for projects

  • U.S. consumer prices jump in January, fuel rate hike fears

  • Zuma gives in to pressure, resigns as S. African president

  • Trump shows surprise support for gas tax hike

  • Hilton books robust earnings on stronger demand in China

  • L.L. Bean sued for ditching return policy

  • WTO case eyed over China’s forced technology transfers

  • Danone’s $1.8 bil. share sale plan shakes Yakult

  • Lexus tops U.S. poll for dependability again

  • Powell vows to remain alert to stability risks

  • Auto unions request ¥3,000 pay-scale hikes

  • Xerox shareholder sues to block Fuji takeover deal

  • Meiji to support Mexico with white cacao saplings

  • McDonald’s Japan posts record profit for 2017

  • Scandal-hit industrial materials makers expect only limited impact on earnings

  • Mitsubishi Materials says chairman will resign

  • Kurumatani to be Toshiba CEO

  • Idemitsu names Kito as CEO

  • Longest growth streak since bubble

  • Trump eyes tariffs, quotas on U.S. steel, aluminum imports

  • Whistleblower alleges manipulation of VIX

  • Coincheck submits biz improvement report to FSA

  • Trump threatens allies with reciprocal tariffs

  • Coincheck reports to regulators

  • Tougher rules for cryptocurrencies urged to guard investors

  • Agricultural export target in doubt

  • U.S. economic policy rooted in debt

  • Global growth outlook seen intact

  • BOJ: Cryptocurrency won’t threaten yen

  • Amazon eliminates hundreds of Seattle jobs

  • German court: Facebook use of personal data illegal

  • GM to shut S. Korea plant, more cuts could follow

  • Unilever threatens to cut back online ads over ‘toxic’ content

  • Aso becomes longest-serving postwar finance minister

  • Energy riches fuel bitcoin-mining craze for speculation-shy Iceland

  • Takata, injured drivers reach deal to end U.S. bankruptcy

  • Source: Amazon bought camera tech for $90 mil.

  • Government seeks to boost nightlife to amp up spending among tourists

  • Global Economy / Japan a lap behind in using renewable energy

  • India wins piece of Abu Dhabi Oil

  • Airbus halts deliveries of A320neo

  • Alibaba eyes 15% stake in Beijing Easyhome

  • Airbus ordered to pay $99 mil. German fine

  • SPD’s Scholz: Germany should not dictate policy to eurozone

  • Oil majors strike it rich on rising crude prices

  • IMF chief urges Arab states to slash spending

  • Kuroda’s work not done on deflation

  • Leaders / Digital revolution to unleash huge change / Decisive leadership in big demand

  • Tokyo stocks expected to remain highly volatile in line with U.S. markets

  • Uber agrees to pay Waymo $245 mil.

  • Wall Street rebounds to end volatile week

  • Abe set to reappoint BOJ Gov. Kuroda

  • Robots eyed as tool to combat spills

  • Citizen Watch falsifies data

  • James tries to hit ex-employer Intel where it hurts

  • U.S. poll shows AI revolution sparking hope, but also fear

  • Eurostar to start direct train from London to Amsterdam

  • Toto worker creates movable toilet system

  • U.S., Israeli drone makers keep wary eye on rising Chinese

  • Wagyu exporter predicts strong demand in 2018

  • Toyota aims to boost sales of pricier trucks in U.S.

  • Amazon unveils grocery delivery at Whole Foods

  • Twitter posts 1st-ever profit

  • FSA launches inspections over virtual currencies

  • Japan warns May: Firms will leave U.K. if profits threatened

  • Bank of England raises prospect of higher rates

  • Market turmoil throws focus on response by new Fed chief

  • Trudeau pitches Canada as tech jobs haven on trip to U.S.

  • Tokyo stocks plummet on U.S. woes

  • Softbank, Aeon to tie up in online shopping

  • India fines Google over ‘search bias’

  • 2 years on, negative interest rates deliver mixed results

  • Optimism, caution greet new L.A. Times owner

  • SoftBank in talks for stake in Swiss reinsurance giant

  • Rabobank to pay $369 million for cover-up in money-laundering case

  • Toyota bets on future of taxis with bold investment in ride-hailing app

  • Back to Earth: Tesla’s losses balloon on Model 3 delays

  • Nikkei makes further gains as volatility starts to ebb

  • Additional data fraud found at Mitsubishi Materials units

  • Current account surplus logs in at 10-year high

  • Tokyo stocks end slightly higher after rebound

  • SoftBank plans Japan phone unit IPO as Son shifts focus

  • Oji to make Mitsubishi Paper an affiliate

  • Firms see biz opportunity in ‘tasty, low-salt’ foods

  • Real wages see 1st fall in 2 yrs on price growth

  • Japan Post’s union to seek equal pay for equal work

  • Forex reserves up for 3rd straight month

  • MGM Resorts sets sights on Osaka

  • Mitsubishi: No need for 6th MRJ delay

  • JT sees net profit fall 6.9% in 2017

  • China demands U.S. compensation talks

  • U.S. trade deficit increases to 9-year high on robust imports

  • Canada’s trade deficit unexpectedly balloons

  • Trump tax cuts a boon to foreign automakers

  • Gold demand hits 8-year low in 2017

  • British car output falls for 1st time since 2009

  • Study: Switzerland, U.S. most secretive financial centers

  • Tokyo stocks dive after U.S. sell-off

  • Powell sworn in as new Fed chair amid stock market sell-off

  • Investors lick their wounds, hunt amid overdue sell-off

  • N. Korean hackers ‘possibly behind Coincheck heist’

  • Electronics makers see operating profit growth

  • Oil prices fall more than 1%

  • Toyota posts 54% jump in Q3 profit, lifts full-year forecast

  • SpaceX to launch ‘world’s most powerful rocket’

  • Venezuela declares 99.6% devaluation of official forex rate

  • Lockheed, Rheinmetall team up to bid for German helicopter order

  • U.K., U.S. banks ban Bitcoin buying with credit cards

  • Google spinoff, Uber begin trial on trade secrets

  • Australia taps Tesla for virtual power plant plan

  • Toyota retools for kaizen overhaul

  • Nissan to pump $9.5 bil. into China in bid for top 3 spot

  • Samsung heir to be released with suspended jail sentence

  • Tokyo stocks drop on Wall Street plunge

  • Yellen disappointed not to get 2nd term as Fed chair

  • China raps U.S. plans to expand nuclear capabilities

  • Tokyo stocks seen solid, supported by Japanese firms’ rosy earning reports

  • Yellen lands new job at Brookings Institution

  • Deutsche Bank blames loss on U.S. tax reforms

  • U.S. stocks swoon, sinking Dow by more than 650 pts

  • TEPCO battles on to supply power

  • Fed bans Wells Fargo from getting bigger after scandals

  • Honda to post ¥1 tril. net profit

  • ¥6 tril. return for pension fund

  • Major banks struggling in core business

  • Trudeau takes tough approach on NAFTA

  • Swiss sanction Gazprombank over Panama Papers leak

  • Airlines tighten leash on emotional support animals

  • Digital camera sales pick up as young seek to improve their Instagram game

  • Ferrari turns to hybrids, SUVs in bid to double profits by ’22

  • Kobe Steel projects 1st net profit in 3 years

  • Alphabet suffers loss, names new chairman

  • Yoshida lands Sony CEO post

  • Amazon posts its largest ever profit

  • BOJ conducts 1st unlimited JGB-buying in 7 months

  • German strikes threaten to slice VW, Ford revenue

  • New auto sales fall in Jan. for 4th straight month

  • Court deals Trump blow in feud with consumer watchdog

  • Canada’s PM thinks U.S. won’t pull out of NAFTA

  • Microsoft takes one-off loss as cloud business steadily grows

  • Facebook earnings up as changes bring stock price swings

  • Uber plots expansion in Japan, risks tension with SoftBank

  • U.S. Fed leaves rates unchanged

  • That’s a Switch: Nintendo sees better outlook

  • Imported white-meat fish hooks bigger slice of market

  • Moving service cancellation fees up

  • Elite Suntory whiskey sells for record $298,000

  • Trump calls for optimism in spite of danger

  • Line to launch cryptocurrency exchange

  • Leaders / World changes, our challenges continue / Absolutely anything could happen now

  • New ‘aibo’ model debuts

    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…

  • 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…


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