May 13, 2012
BEIJING -- Chinese Premier Wen Jiabao called on northeast Asia's powers to cooperate more in the face of global economic headwinds, as China, Japan and South Korea agreed at a summit on May 13 to soon launch negotiations on a three-way free trade pact.
May 12, 2012
Looming power shortages and the prolonged sovereign debt crisis in Europe are overshadowing corporate Japan’s hopes for a V-shaped earnings recovery for the current fiscal year.
May 12, 2012
Nissan Motor Co. beat out larger rival Toyota Motor Corp. in fiscal 2011 net profits, thanks to rising sales in China, Mexico and other emerging economies.
May 12, 2012
The 71-year-old chairman of Japan’s public broadcaster has been picked as an outside director of Tokyo Electric Power Co. (TEPCO), operator of the crippled Fukushima No. 1 nuclear power plant.
May 12, 2012
Thailand’s economy in 2012 will rebound from the severe flooding last year, with a robust 7-percent growth rate “very much seeable,” Thai Deputy Prime Minister Kittiratt Na-Ranong said.
May 12, 2012
When Qian Zhuhui joined Nissan Motor Co. eight years ago, she was bewildered by the reactions to her suggestions about the legal risks of a new project.
May 11, 2012
Bic Camera Inc., Japan’s No. 5 consumer electronics retail chain, plans to buy out No. 6-ranked Kojima Co., sources said, making it the second-largest electronics retailer in Japan.
May 11, 2012
Toyota Motor Corp. has downsized its popular Corolla to keep pace with Japan’s aging population, who find it difficult to handle a large car.
May 11, 2012
Japan's national debt hit 960 trillion yen ($12 trillion), a record, at the end of fiscal 2011, the Finance Ministry said on May 10.
May 11, 2012
Despite the unprecedented Fukushima nuclear disaster, Mitsubishi Heavy Industries Ltd. views nuclear power generation as a core component of its business.
May 11, 2012
About 30 percent of Tokyo Electric Power Co.’s corporate customers have been refusing to renew their contracts since electricity rates were hiked in April, sources close to the utility said.
May 10, 2012
A large trade deficit led to a record 52.6-percent plunge in Japan's current account surplus for fiscal 2011, eclipsing the decline that occurred after the collapse of U.S. investment bank Lehman Brothers.
May 10, 2012
Despite warnings from campaigners that the government of Myanmar (Burma) has not yet proved its commitment to human rights and democracy, the chokehold of economic sanctions imposed on the country is gradually being loosened.
May 10, 2012
Electricity rates could double from current levels by 2030 if Japan opts to abolish nuclear power generation.
May 10, 2012
Inspiration comes to Keiko Otsuhata in the most unlikely places.
May 10, 2012
The lingerie manufacturer Triumph International (Japan) Ltd. unveiled a “Super Cool” concept bra on May 9 designed to use all five senses to beat the heat.
May 09, 2012
Toyota's quarterly profit more than quadrupled to 121 billion yen ($1.5 billion), and the automaker gave upbeat forecasts as it recovers from a sales plunge caused by the tsunami in Japan last year.
May 09, 2012
Japan, China and South Korea are expected to agree to begin negotiations for a trilateral free trade agreement (FTA) during a three-way summit meeting in Beijing on May 13, a South Korean Cabinet minister said.
May 09, 2012
A key subsidiary of Japan Post Holdings Co. will refrain from offering cancer insurance for the time being, removing a major thorn in Japan-U.S. talks on a prospective Trans-Pacific Partnership (TPP) free trade deal.
May 08, 2012
Embattled Tokyo Electric Power Co. is putting a sales veteran at the helm as the utility grapples with compensation over the Fukushima nuclear accident and sells the public on a 10-percent rate hike.