Japan Headlines

Japan says Australia trying to impose its culture in whaling row

THE HAGUE - Australia's opposition to Japanese whaling is an attempt to impose foreign moral standards on Japan and has no legal basis, Japan told the World Court on Tuesday in a case brought by Australia.

Environment, Japan 12:53pm EDT

Japan's MUFG agrees to buy $5.61 billion stake in Thai lender

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TOKYO/HONG KONG - Japan's Mitsubishi UFJ Financial Group (MUFG) has agreed to buy a controlling stake in Thailand's Bank of Ayudhya Pcl for up to 560 billion yen ($5.61 billion) as Japanese lenders expand into fast-growing Southeast Asian economies to beat slower growth at home.

Japan two-party politics in doubt as drubbing of Democrats looms

TOKYO - Four years after the Democratic Party of Japan swept to power in a historic election ending decades of one-party dominance, the DPJ looks set for defeat in next month's upper house poll, raising doubts about its future and prospects for a two-party system that spurs policy debate and weakens vested interests.

World, Japan 6:42am EDT

Mon, Jul 1 2013

Japan, Canada investors to buy U.S. power plant for $2 billion: Nikkei

TOKYO - A consortium including Mitsubishi Corp and Japanese and Canadian pension funds will buy a U.S. gas-fired power plant in Michigan this month for nearly 200 billion yen ($2.01 billion), the Nikkei business daily reported on Tuesday.

Abe reforms take aim at Japan's $1 trillion pension fund

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TOKYO - Visitors to Japan's public pension fund can't miss signs of the low-cost, low-return culture that Prime Minister Shinzo Abe seems determined to change with a review of its operations that kicked off on Monday.

01 Jul 2013

Apple applies to register 'iWatch' trademark in Japan

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TOKYO - Apple Inc has applied for a trademark for "iWatch" in Japan, a patent official said on Monday, signaling the iPhone maker may be moving ahead with plans for a watch-like device as gadget makers turn their attention to wearable computers.

Japan, Tech, iPad, Media 01 Jul 2013

Japan business mood turns positive, BOJ may upgrade econ view

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TOKYO - Japanese manufacturers' sentiment turned positive in the three months to June for the first time in nearly two years, a closely-watched central bank survey showed, a sign the recent market turbulence has yet to hurt the feel-good mood created by the government's reflationary policies.

01 Jul 2013

Fri, Jun 28 2013

Lixil to buy toilet maker American Standard for $542 million

TOKYO/NEW YORK - Japan's biggest building products maker Lixil Group Corp said on Friday it would buy toilet and plumbing facilities maker ASD Americas Holding Corp (American Standard) for $542 million from buyout firm Sun Capital Partners Inc.

Wall Street Week Ahead: Fed fears may be gone but brace for volatility

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NEW YORK - Panic selling on fears of an early exit of the U.S. Federal Reserve's stimulus efforts may be over, but the stock market may still face wild intraday swings as investors scramble to position themselves for Friday's payrolls report. | Video

28 Jun 2013

Volatile quarter takes global shares down, gold plunges

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NEW YORK - World equity markets rose for a fourth day on Friday, but a gauge of world stocks and other assets still ended in the red for the month of June and for the second quarter as fears that U.S. monetary stimulus could soon be pared back drove volatility and weighed on sentiment.

28 Jun 2013
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McCain, Biden coming together for Sedona, Arizona forum

These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.