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  • U.S. warship Indianapolis found 18,000 feet deep in Pacific Ocean

    Researchers have found the wreckage of the U.S. warship Indianapolis, which was sunk by a Japanese torpedo in the final days of World War Two, more than 18,000 feet (5.5 kilometers) below the surface of the Pacific Ocean, the Navy said on Saturday.T

    August 20, 2017 10:21 am JST
  • Japanese beef buyers may get frozen out by tariff hike

    TOKYO -- Japan's newly imposed emergency tariff on frozen American beef has raised a question about the wisdom of hanging on to a relic of a bygone trade framework when securing enough beef to meet domestic demand could become a challenge amid the t

    August 20, 2017 10:05 am JST
  • The motorcycle becoming thing of the past

    TOKYO -- Many Japanese motorcycle models are being retired as the industry's big names adjust to tighter safety and environmental regulations as well shrinking popularity.Japan's motorcycle market is now 11% of what it was at its peak, with annual s

    August 20, 2017 12:00 am JST
  • Tokyo to begin marketing GPS successor in 2020

    TOKYO -- The Japanese government is eyeing 2020 to begin promoting exports of a technology it is developing to eclipse the GPS, a government official said on Saturday.Masaji Matsuyama, minister of state for science and technology policy, said the go

    August 19, 2017 09:26 pm JST
  • Plus-size fashionista tells Japan's apparel industry where to go

    TOKYO -- Thanks to the plus-size personality of a hugely popular comedian, Japan's apparel industry finally seems to have cottoned on to the idea of catering to every market. The fashion industry across the world has seen a backlash against its obse

    August 19, 2017 09:00 pm JST
  • Foreigners give life to parts of Japan that had been left behind

    TOKYO -- A wider swath of Japan is benefiting from the foreign tourist boom as more visitors find their way to the countryside and become smitten by stuff made in Japan.Let's look at nights as a yardstick. International visitors in 2016 spent 69.38

    August 19, 2017 07:00 pm JST
  • Japan successfully launches 3rd satellite of new GPS constellation

    TANEGASHIMA, Japan (Kyodo) -- Japan successfully launched the third of its new quasi-zenith satellites Saturday, one of a constellation being put into orbit to improve the accuracy of available global positioning data.The launch, overseen by the Jap

    August 19, 2017 04:16 pm JST
  • Japan's small-time investors stick to winning patterns to make millions

    TOKYO -- Even under an economy struggling in prolonged deflation, some Japanese investors manage to build up assets worth millions of dollars. What kind of investment philosophies do such millionaires follow? Who are they? With help from Micromill,

    August 19, 2017 04:00 pm JST
  • Screen Holdings readies OLED display equipment for cars

    KYOTO, Japan -- Screen Holdings will offer a machine that produces OLED displays for cars, using technology from a new subsidiary, as demand for such screens in automotive instrument panels and center consoles appears set to rise.The equipment comes

    August 19, 2017 06:12 am JST
  • Japan confirms US backing on North Korea, yet fears being left out

    WASHINGTON -- The U.S. remains ready to give Japan all military backup needed to curb the growing North Korean threat, defense chiefs and top diplomats agreed Thursday, though Tokyo worries its interests could leave the picture if Washington cuts a

    August 19, 2017 04:50 am JST
  • Asian plastic prices climb on weak Chinese supply

    TOKYO -- Three of the most widely used plastic materials are becoming more expensive in Asia amid higher crude oil prices and stricter environmental regulations on factories in China.Formosa Plastics' polyvinyl chloride resin for September shipment

    August 19, 2017 04:50 am JST
  • Japanese shippers' routes diverge for dividend payouts

    TOKYO -- Differences in dividend outlooks are emerging among Japan's major maritime shippers, as Nippon Yusen prepares for payouts for the current fiscal year, while others choose to focus on their financial footing.For Nippon Yusen, "resuming divid

    August 19, 2017 04:47 am JST
  • Japan Market Pulse

    US debt ceiling debate casts shadow on Tokyo stocks

    TOKYO -- A looming debt ceiling showdown coming amid a legislative logjam in Washington has heightened concerns that U.S. political dysfunction could keep Japanese equities depressed for longer.The Nikkei Stock Average fell to a three-and-a-half-mon

    August 19, 2017 03:53 am JST
  • Kyoei Steel revives Vietnam investment plans

    OSAKA -- Japanese steelmaker Kyoei Steel announced Friday that it will build a plant for reinforcing bars in northern Vietnam for about 21.8 billion yen ($200 million), revisiting stalled plans in order to both boost output capacity and cut down on

    August 19, 2017 03:27 am JST
  • Steelmaking materials prices surge amid rising demand in China, Japan

    TOKYO -- A jump in Chinese crude steel production is lifting prices of raw materials at a time when Japanese demand is rebounding amid a construction boom in the capital.Spot prices of Australian iron ore, a benchmark, flirted with $80 per ton in mi

    August 19, 2017 02:52 am JST
  • Abe, US military chief vow to bolster defense together

    TOKYO -- Japanese Prime Minister Shinzo Abe and the top uniformed American military officer pledged Friday to further strengthen the partnership between their countries' forces to deter further missile launches and other provocations by North Korea.

    August 19, 2017 02:43 am JST
  • Nikkei 225 retreats below 19,500 as terror adds to worries

    TOKYO -- The Nikkei Stock Average index fell for the third straight day Friday to end the week at its lowest level since May 2, with growing concern over geopolitical risks and the yen's rise against the U.S. dollar stoking bearishness.The Japanese

    August 19, 2017 02:09 am JST
  • Banks press Toshiba for deal on memory unit sale this month

    TOKYO -- Toshiba's main bank creditors have urged the embattled borrower to conclude a deal to sell its memory chip subsidiary this month to ensure the transaction is completed by the fiscal year-end next March, bringing in desperately needed capita

    August 19, 2017 01:31 am JST
  • Suntory pours overseas whisky drinkers a nice Chita

    TOKYO -- Japanese brewer Suntory Holdings will bring its Chita whisky, a domestically distilled brand popular among young people, to glasses in regions including Europe, Russia and Asia starting this summer, accelerating the company's overseas strat

    August 19, 2017 12:24 am JST
  • European tourists are bigger spenders in Japan than Chinese

    TOKYO -- Chinese tourists have been a key driver of growth in Japan's tourism industry, with their bakugai, or "explosive buying," in recent years boosting Japan's consumption figures. But as their spending has slowed, some Europeans are overtaking

    August 18, 2017 07:24 pm JST