Japanese cars involved in traffic accidents get new lease on life in Russia
Japanese cars involved in traffic accidents get new lease on life in Russia
VLADIVOSTOK, Russia--For Japanese drivers who wonder about the car they pranged and got rid of, it probably ended up in the Russian Far East.
Takata sued in Canada for $1.9 billion over explosive air bags
Takata sued in Canada for $1.9 billion over explosive air bags
Three group lawsuits have been filed in Canada against Takata Corp. over the embattled auto parts supplier’s defective air bags that have led to millions of recalls worldwide, the ...
Chinese President Xi Jinping speaks at the Boao Forum on Hainan island, China, on March 28. (The Asahi Shimbun)
Russia, Brazil and other countries to join China-backed investment bank
SHANGHAI--Russia, Australia and the Netherlands on March 28 became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank (AIIB), adding clout to an institution seen as enhancing China's regional and global influence.
Damaged cars shipped from Japan at a car repair shop in Vladivostok on Dec. 10, 2014 (Hitoki Nakagawa)
Japanese cars involved in traffic accidents get new lease on life in Russia
VLADIVOSTOK, Russia--For Japanese drivers who wonder about the car they pranged and got rid of, it probably ended up in the Russian Far East.
This undated file photo provided by the Insurance Institute for Highway Safety shows a crash test of a 2002 Honda CR-V, one of the models subject to a recall to repair faulty air bags. (AP Photo)
Takata sued in Canada for $1.9 billion over explosive air bags
Three group lawsuits have been filed in Canada against Takata Corp. over the embattled auto parts supplier’s defective air bags that have led to millions of recalls worldwide, the company said.
Mazda Motor Corp.'s factory in Fuchu, Hiroshima Prefecture, is operating at full capacity on the back of robust exports. (Asahi Shimbun file photo)
Corporate tax revenue improves to pre-Lehman crisis level
Businesses operating in Japan paid 10.11 trillion yen ($84.26 billion) in corporate taxes in fiscal 2013, up 13.2 percent year on year, according to a survey by the National Tax Agency.
Foreign participants in the U.N. World Conference on Disaster Risk Reduction take part in a hot spring tour in Sendai on March 14. (Satoshi Kimura)
Tourists said 'Good night' a record 470 million times in Japan in 2014
The number of "overnight guests" in Japan rose to a record high in 2014, but the disaster-stricken Tohoku region is still struggling to reel in foreign tourists.
Kumiko Otsuka, left, president of Otsuka Kagu Ltd., and her father Katsuhisa Otsuka (Asahi Shimbun file photos)
Daughter retains the reins of furniture retailer after bitter proxy fight against father
A high-profile family feud between the chairman and the president of a leading furniture retailer ended with the latter’s victory in a proxy fight at the company’s annual shareholders’ meeting on March 27.
South Korean President Park Geun-hye, with Chinese President Xi Jinping, ahead of an APEC meeting in November (Pool)
S. Korea, another U.S. ally, seeks to join China-backed bank
SEOUL--South Korea said on March 26 it has decided to seek to be a founding member of the Asian Infrastructure Investment Bank (AIIB), another key U.S. ally joining the China-led institution despite Washington's misgivings.
Sharp Corp.’s Healsio Ocha-Presso green tea maker (Yoshiko Sato)
A sharp approach to making green tea in North America
Sharp Corp. is targeting health-conscious North Americans with the release of an updated home appliance this summer that makes nutritious green tea.
The packaging of Biglobe Inc.'s Ninja SIM card (Provided by Biglobe Inc.)
Ninja among Japanese themes for SIM cards targeting tourists
A high-tech company has turned to the ninja to woo foreign tourists. And in keeping with the tradition of the stealthy assassins, its product will be hidden from view.
An oil derrick in Midland, Texas. The number of oil rigs in the Permian Basin has dropped by 40 percent since December. (Daisuke Igarashi)
A time of trials for U.S. shale
MIDLAND, Texas--The desolate, light-brown land stretches as far as the eye can see.
Mitsuhisa Kato, executive vice president at Toyota Motor Corp., at a recent news conference (Asahi Shimbun file photo)
Toyota outlines initiatives to grow after recall scandal
TOYOTA--Toyota Motor Corp. is ready to ramp up its growth again, emerging from an intentional soul-searching lull brought on by its massive global recall scandal that began in 2009.
NTT's new mobile-phone SIM-card vending machine was installed at the Aqua City Odaiba shopping mall in Tokyo's Minato Ward on March 24. (Photo provided by NTT Communications Corp.)
SIMple Internet access for foreign travelers introduced
Instant Internet access is in the cards for foreign visitors to Japan with the introduction of new mobile-phone SIM-card vending machines at airports and sightseeing spots.
Sendai nuclear power plant (Asahi Shimbun file photo)
Business lobby calls for minimum 20% dependence on nuclear energy
An influential business organization called on the central government to maintain at least a 20-percent dependence on nuclear energy, citing expected limits on expanding the use of renewable energy sources.
Chinese President Xi Jinping, right, and Australian Prime Minister Tony Abbott shake hands at the start of their bilateral meeting in Parliament House in Canberra on Nov. 17, 2014. (AP Photo)
Australia ready to join China-led bank, seeks clarity on governance
SYDNEY--Australia is "well and truly" disposed to join the China-led Asian Infrastructure Investment Bank, Prime Minister Tony Abbott said March 25, adding that he wants to know how much power Beijing would hold in the institution before a formal decision.
Local Chinese residents look at a Formula One racing car with advertisements of Pirelli during a promotional event for the 2014 F1 Chinese Grand Prix in Shanghai, China, on  April 3, 2014. (AP Photo)
Chinese state chemical company agrees to buy Italy's Pirelli
BEIJING--China's biggest state-owned chemical company said March 23 it plans to buy Italian tire manufacturer Pirelli, adding to a string of high-profile Chinese corporate purchases in Europe.
Mitsubishi Chemical to market new eco-friendly, bio-based polycarbonatediol
Mitsubishi Chemical Corp. said March 25 that it has developed the world's first bio-based polycarbonatediol for use in the production of resins such as polyurethane, acrylic and polyester.
Toshiba Corp. received an order for a steam turbine similar to this.  (Provided by Toshiba Corp.)
Toshiba receives 100th North American order from TVA for steam turbine and generator
Toshiba Corp. announced on March 25 that it has received an order for a 472-megawatt steam turbine and generator (STG) for the Allen Combined Cycle Power Plant in Memphis, Tenn., which is under construction by the Tennessee Valley Authority, a government-owned power utility.
Nippon Sharyo Ltd.’s Choro-Q toy car that is modeled after the Linear Chuo Shinkansen line’s L0 series maglev train does not use the "Linear" name. (Tsuyoshi Suzuki)
JR Tokai derailed by Osaka company on trademark use of ‘Linear’ name
A real estate firm has left the station with the trademark “Linear” ahead of Central Japan Railway Co. (JR Tokai), which may prevent it from using the name for items linked with its maglev Shinkansen line.
Takehiko Nakao (Asahi Shimbun file photo)
ADB president says Chinese-led regional bank potential partner
BEIJING--The president of the Asian Development Bank says a proposed Chinese-led regional bank is a potential partner rather than a rival and the ADB is talking with Beijing to share its experience.
Komatsu Ltd.'s construction machinery assembly line in Komatsu, Ishikawa Prefecture, boasts high productivity and energy efficiency. (Asahi Shimbun file photo)
Report: Japan must boost productivity to stave off economic decline as population shrinks
Japan's future prosperity will depend on improving its lagging productivity, says a report by McKinsey Global Institute that urges companies to boost their competitiveness by better use of their workers.

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