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  • Trump and Modi bond over security as China looms

    WASHINGTON -- U.S. President Donald Trump and Indian Prime Minister Narendra Modi on Tuesday agreed to bolster security cooperation, while apparently sidestepping the more sensitive subject of U.S. visas for skilled foreign workers.Trump's remarks a

    June 27, 2017 04:05 pm JST
  • Sprint starts mobile partnership talks with 2 US cable TV providers

    WASHINGTON -- Sprint, the fourth-largest mobile carrier in the U.S., has begun talks with two of the country's major cable television providers regarding a potential mobile business partnership, the Nikkei learned Monday. According to financial sour

    June 27, 2017 02:05 pm JST
  • Sino-Russian venture poised to chase Airbus, Boeing

    PARIS -- The sheer size of its home market and the infusion of advanced technology from Russia could elevate China's state-owned aircraft manufacturer to a serious rival for industry leaders Airbus and Boeing in the coming decades.China kept a low p

    June 27, 2017 09:10 am JST
  • Trump urges India's Modi do more in trade

    WASHINGTON (Reuters) -- U.S. President Donald Trump urged Indian Prime Minister Narendra Modi to do more to relax Indian trade barriers on Monday during talks in which both leaders took great pains to stress the importance of a strong U.S.-Indian re

    June 27, 2017 08:13 am JST
  • Gains in utilities shares boost S&P 500

    NEW YORK (Dow Jones) -- Shares of utility companies and other dividend-paying stocks led the S&P 500 to a slim gain following some tepid U.S. economic data.As investors turned to more defensive stocks that tend to offer steady income, they dialed ba

    June 27, 2017 07:10 am JST
  • US Supreme Court breathes new life into Trump's travel ban

    WASHINGTON (Reuters) -- The U.S. Supreme Court on Monday handed a victory to President Donald Trump by reviving parts of a travel ban on people from six Muslim-majority countries that he said is needed for national security but that opponents decry

    June 27, 2017 06:07 am JST
  • Compensation deadline forced Takata into bankruptcy filing: CEO

    TOKYO -- A looming deadline to pay automakers compensation for its massive air bag scandal pushed Takata to file for bankruptcy protection and solidify a turnaround plan, Chairman and CEO Shigehisa Takada said Monday at a news conference.Takada star

    June 27, 2017 05:05 am JST
  • Toshiba could ink memory unit deal Tuesday

    TOKYO -- Toshiba is expected to sign an agreement as early as Tuesday to sell its flash memory chip business to a Japan-led consortium, taking a major step toward recovery despite continued resistance from key business partner Western Digital.Toshib

    June 27, 2017 02:40 am JST
  • New York displaced Hong Kong as top IPO hub in 1H

    HONG KONG -- Even as the initial public offering drought suffered by the rest of the world receded, Hong Kong lost its crown as the world's top destination for first-time share sales in the first half, according to accounting firm Ernst & Young.New

    June 26, 2017 10:04 pm JST
  • Takata takeover spells opportunity for Key Safety Systems

    TOKYO -- U.S. autoparts maker Key Safety Systems plans to expand in Japan after its takeover of bankrupt air-bag manufacturer Takata, said company chief executive Jason Luo on Monday."We very much value the footprint Takata has in Japan. We leverage

    June 26, 2017 06:14 pm JST
  • Michel Lowy

    Asian high-yield debt market will be tested

    Asian high-yield bonds have performed strongly over the past year, shaking off concern over defaults and expectations of higher U.S. interest rates.Many had thought that higher rates and a strengthening global economy would trigger an exodus of fund

    June 26, 2017 06:00 pm JST
  • Air-bag maker Takata files for bankruptcy in Japan, US

    TOKYO -- Following protracted recalls involving its defective air bags, Japanese auto supplier Takata on Monday filed for bankruptcy protection in Japan and the U.S., leaving behind a massive debt and an unresolved crisis."We concluded that we would

    June 26, 2017 03:06 pm JST
  • NASA gives private sector further access to its software

    PALO ALTO, U.S. -- NASA has further opened up its software vault. The U.S. space agency will allow the private sector more access to some of its programming in an effort to tap often underutilized resources for the development of new businesses outs

    June 26, 2017 01:52 pm JST
  • Market share survey shows China Inc. losing steam

    TOKYO -- Chinese companies' rise to the top of global markets seems to be losing momentum, according to Nikkei Inc.'s market share survey for 2016, as businesses battle over growing demand from emerging economies.Last year saw global market leaders

    June 26, 2017 12:23 pm JST
  • Fed exit mistakes 101: Lessons for Kuroda

    TOKYO -- The Bank of Japan has often been the subject of criticism from the U.S. officials since the collapse of the the country's bubble economy. Recently, however, BOJ Gov. Haruhiko Kuroda has not been shy in mentioning the failures of the Federal

    June 26, 2017 09:00 am JST
  • Industry disruptions send Toyota, GM down different paths

    TOKYO -- The sharing economy is forcing businesses of all stripes to rethink their strategies. Toyota Motor and General Motors are in the same boat, but their tactics differ markedly.Toyota, which raced to the head of the pack in green technology, a

    June 25, 2017 01:30 am JST
  • Modi-Trump meeting could redefine India-US relations

    NEW DELHI -- When Indian Prime Minister Narendra Modi and U.S. President Donald Trump get together in Washington in a day or two, they are expected to finalize a few arms deals but not say much regarding visas that some Indian tech workers rely on t

    June 24, 2017 10:52 pm JST
  • Interview

    Human brain is entirely 'computable' -- AlphaGo developer Hassabis

    WUZHEN, China -- According to Demis Hassabis, the founder of the leading artificial intelligence company DeepMind, intelligence is computational and computers can replicate it. Hassabis sees this as an incredible tool, like having the world's best r

    June 24, 2017 07:00 pm JST
  • Seeing AI as a tool that intrinsically benefits humanity

    WUZHEN, China/TOKYO -- May 2017 marked another milestone in the timeline of artificial intelligence's capacity to exceed human ability.That day Ke Jie was struggling. The world's top player of the Chinese board game of Go was in game three of his ma

    June 24, 2017 07:00 pm JST
  • Tracking how China is turning Asia red

    TOKYO -- Since the end of World War II, the U.S., a self-styled missionary of democracy, has held sway in Asia. But now, on the economic front, the U.S.-led regional order is unraveling in the face of China's rapid rise, and the communist country is

    June 24, 2017 05:00 pm JST