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  • WTO panel said to back Japan on Fukushima fish ban

    GENEVA/SEOUL -- A World Trade Organization panel has apparently ruled in Japan's favor in a dispute over South Korean restrictions on imports of Japanese seafood imposed after the 2011 Fukushima nuclear disaster, according to a source familiar with

    October 18, 2017 01:25 am JST
  • Wastepaper prices in Japan slip as China limits imports

    TOKYO -- Japanese wastepaper prices continue to fall as exports to China retreat amid Beijing's push to tighten environmental regulations.The wholesale purchase price -- at which wholesalers buy from collectors -- of used magazine paper is currently

    October 18, 2017 01:20 am JST
  • Japan's Mizuho combining US banking, trust banking units

    TOKYO -- Mizuho Financial Group is poised to merge its American banking and trust banking units as soon as this year, consolidating duplicate functions and putting freed-up staff to work on sales.The Japanese megabank is currently seeking permission

    October 18, 2017 12:46 am JST
  • Toshiba sued again in 32nd claim tied to accounting scandal

    TOKYO -- Toshiba has been hit with its 32nd legal claim linked to the company's 2015 accounting scandal, this time from two corporate shareholders seeking 572 million yen ($5.08 million) in compensation for losses.The lawsuit disclosed Tuesday by th

    October 18, 2017 12:28 am JST
  • Bridgestone puts profits above market share in China

    TOKYO -- Bridgestone, the world's largest tire maker, will not pursue a larger market share in China and instead will focus on products and customers that will enable good financial returns, the company's chief executive said.At a news conference on

    October 17, 2017 09:09 pm JST
  • US Justice Department seeks Kobe Steel data-inspection documents

    TOKYO -- Kobe Steel said Tuesday that it has received a request from the U.S. Department of Justice for documents related to technical specifications on certain products, including aluminum components, sold in the U.S. through its subsidiaries.The m

    October 17, 2017 07:21 pm JST
  • Japan's first wrinkle-fighting product powers Pola Orbis

    TOKYO -- Cosmetics maker Pola Orbis Holdings' hot-selling facial wrinkle-fighting cream, Wrinkle Shot Serum, is turning into a cash cow that could fund the company's expansion overseas. Japan's fourth largest cosmetics company released the "quasi-dr

    October 17, 2017 02:58 pm JST
  • US tells Japan it wants to start FTA talks

    WASHINGTON -- The U.S. has for the first time told Japan it has a "strong interest" in starting talks over a potential free trade agreement between the two countries. A Japanese government official said that the U.S. side had touched upon the issue

    October 17, 2017 01:09 pm JST
  • China Inc. spending spree lifts Japanese manufacturers

    TOKYO -- Chinese companies are purchasing Japanese-made robots and heavy machinery at a brisk pace, a phenomenon some say is the result of an intensive push to modernize manufacturing in the country.In August, Chinese clients ordered 30.2 billion ye

    October 17, 2017 12:15 pm JST
  • My Personal History

    Kenzo Takada (16) The stars align for an unexpected success

    What I needed first and foremost was money.I had become an extravagant spender and had virtually no savings. So I returned to Japan and scraped together around 5 million yen by begging from trading companies, friends from my time at Bunka Fashion Co

    October 17, 2017 11:00 am JST
  • Abe sends ritual offering to Yasukuni during autumn festival

    TOKYO (Kyodo) -- Prime Minister Shinzo Abe sent a ritual offering Tuesday to the war-linked Yasukuni Shrine, which has been a source of friction with Japan's neighbors that suffered from its wartime militarism.But Abe is likely to refrain from visit

    October 17, 2017 10:57 am JST
  • Aso, Pence condemn North Korea's nuke, missile development

    WASHINGTON (Kyodo) -- Japanese Deputy Prime Minister Taro Aso and U.S. Vice President Mike Pence on Monday condemned North Korea's development of nuclear weapons and ballistic missiles, with Aso saying the North is posing a "grave and imminent thre

    October 17, 2017 08:52 am JST
  • Hitachi high-speed trains make UK debut

    LONDON -- Hitachi high-speed trains began servicing London and the western U.K. on Monday, with more to come on other intercity routes as part of a modernization project in the birthplace of rail transport.The Hitachi Class 800 series trains connect

    October 17, 2017 07:17 am JST
  • Japan agrees to streamline tests for some US auto exports: statement

    WASHINGTON (Reuters) -- Japan agreed to streamline noise and emissions testing procedures for certain U.S. auto exports during Monday's bilateral economic talks that were focused on trade, the two governments said in a statement.Japan also agreed to

    October 17, 2017 06:26 am JST
  • Mitsubishi Motors to rev up R&D, capital spending

    TOKYO -- Mitsubishi Motors plans to channel more than 600 billion yen ($5.34 billion) into capital spending and R&D over the three years through fiscal 2019, steering back toward growth investment after scandals forced the automaker to prioritize st

    October 17, 2017 06:09 am JST
  • Japan's equity financing recovers sharply in fiscal first half

    TOKYO -- Japanese companies' secondary share offerings more than quadrupled on the year in the April-September half, encouraged by rising share prices that have lifted the Nikkei Stock Average to the highest level in 21 years.New share issuances tot

    October 17, 2017 05:38 am JST
  • Half of Japanese banks targeted in cyberattacks: BOJ survey

    TOKYO -- About half of Japanese financial institutions have been on the receiving end of a cyberattack since 2015, with a little more than 10% falling prey to varying degrees, a Bank of Japan survey released Monday shows.Of the 411 banks, credit ass

    October 17, 2017 05:32 am JST
  • Burger King Japan passing reins to Hong Kong investment fund

    TOKYO -- Burger King, the world's second-largest hamburger chain, will transfer Japanese operations to a Hong Kong private equity firm, aiming to make growth sizzle with more locations.The restaurant chain has opened fewer than 100 Japanese stores u

    October 17, 2017 05:23 am JST
  • Amazon tries on role of fashion incubator

    TOKYO -- Dogged by an image as a job destroyer in the U.S. for crowding out traditional retail rivals, Amazon.com is positioning itself as a supporter of up-and-coming fashion designers and brands in Japan as it further expands its global reach.The

    October 17, 2017 04:56 am JST
  • Japan's Kansai Electric to shut down 2 major nuclear reactors

    OSAKA -- Kansai Electric Power Co. has decided to close two large, aging nuclear reactors at a power plant in Fukui Prefecture in light of rising safety costs that make restarting such facilities financially untenable. The Oi plant's Nos. 1 and 2 re

    October 17, 2017 04:54 am JST