Latest Japan News
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How Sony and Nintendo can battle the Xbox One
Wii U are still big boxes of mystery -- even though one's already been out in stores for months. So, how will this new gaming landscape shake out? Sony and Nintendo, the also-rans to the current success story of Microsoft and the Xbox 360, will have options. But they're not always ...
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Japan no longer sanctions child abduction in mixed-marriage cases
Tokyo lawmakers unanimously approve Hague convention to settle child custody in broken international marriages. But Japanese domestic laws and legal loopholes still need to change, say ...
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Japan rates may torpedo recovery
By James Saft (Reuters) - Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics. That could reverse gains not only in Tokyo stocks, but in stock markets world-wide which have benefited from Japanese liquidity. While a rebound in activity has allowed the Bank of Japan to upgrade its assessment of conditions for a fifth straight ...
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Japans Daiichi says key details concealed in Ranbaxy sale
NEW DELHI (AFP) - The Japanese owners of Ranbaxy on Wednesday accused former shareholders of the Indian company of concealing key information about a US probe into the safety of medicines made by the New Delhi-based firm.Last week, Ranbaxy Laboratories pleaded guilty in the United States to charges of making and distributing adulterated drugs at its two Indian plants of Paonta Sahib and Dewas ...
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Sony to consider Loeb proposal of entertainment IPO
Sony is now formally considering the proposal of hedge fund manager Daniel Loeb, who wants the company spin off part of its entertainment business. Wall Street speaks and corporations act. Sony Corp. is now evaluating a spinoff of its entertainment arm after Third Point hedge fund founder Daniel Loeb wrote the company a hand-delivered letter urging the action. The announcement comes a day before ...
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REFILE-Panasonic to stop making silicon wafers at Oregon factory-Nikkei
Wed May 22, 2013 2:50pm EDT May 23 (Reuters) - Panasonic Corp will stop making silicon wafers, used in solar cells, at a factory in Oregon next month as it centralizes production at a plant in Malaysia, the Nikkei reported. Having shut down a plant in California last year, the company will have no processing facilities in the United States, the newspaper said. Panasonic makes silicon ingots at ...
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Sony said it would think over spinoff proposal
Japanese conglomerate Sony's board said it would make a good-faith effort in considering spinning off its entertainment business. One of Sony's largest shareholders, the hedge fund Third Point, run by activist investor Daniel Loeb, forwarded the proposal to Sony's board last week. Loeb suggested spinning off the entertainment divisions so the firm could focus on its struggling ...
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Japan mulls resuming talks with N. Korea official
TOKYO (AFP) - Japan is considering direct talks with North Korea, the government said Wednesday, adding momentum to the cause after a top level aide to the prime minister made a surprise trip to Pyongyang.Bilateral talks are on the table as Tokyo seeks to salve the running sore of abductions of its nationals by North Korean spies in the 1970s and 1980s, an issue that inflames public opinion at ...
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Sony weighs entertainment spin-off
Sony will consider a proposal to spin off its entertainment assets, the company's chief executive said yesterday. The proposal, submitted last week by Daniel Loeb of the US hedge fund Third Point, suggests selling 20 per cent to help free up capital to bring the company's electronics business back to profitability and boost Sony's share price by as much as 60 per cent. "We ...
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Sony Shares Spike Following Rumors Of Entertainment Spinoff
the company is considering spinning off its entertainment arm . Share price has gone up both in the US and Tokyo exchanges after some reports indicated that the company may be considering a plan suggested by investor Daniel Loeb. Loeb, whose hedge fund Third Point owns a 6.5% stake in ...
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Japan considering resuming NK talks
Japan is considering direct talks with North Korea, the government said Wednesday, adding momentum to the cause after a top level aide to the prime minister made a surprise trip to Pyongyang.Bilateral talks are on the table as Tokyo seeks to salve the running sore of abductions of its nationals by North Korean spies in the 1970s and 1980s, an issue that inflames public opinion at home.But any ...
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Uncommon curry in a Japanese resto
We were prepared for sushi and tempura, among others, but one member of the group opted for Chicken Curry, a rather uncommon offering in a Japanese restaurant. And she was ...
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San Francisco Bay Area awarded ’16 Super Bowl
Kazuhiro Shiraishi, 66, is a guest-house manager in the Izu-kogen Highlands, a famous resort area on the Izu Peninsula of Shizuoka Prefecture. Looking out onto the Pacific Ocean, and just 90 minutes by train from Tokyo, Izu has a warm climate all year round ...
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Confident rookie Straily outduels Darvish in A’s victory
ARLINGTON, TEXAS - Oakland rookie right-hander Dan Straily was well aware of the ace pitcher and the powerful lineup he was facing. Now everyone can take notice of Straily, who on television before his latest start saw plenty of highlights touting Yu Darvish being on the mound. Straily allowed only two singles while facing 22 batters — just one over the minimum for his seven scoreless ...
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Wagner Kudo propel Kashiwa into Asian Champions League quarterfinals
Closer to the goal: Jorge Wagner celebrates after Kashiwa's second goal on Wednesday. Reysol defeated Jeonbuk Motors 3-2 to reach the Asian Champions League quarters. | ...
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Video Sony entertains change over spin-off idea
Sony's board says it will assess a proposal from major shareholder Daniel Loeb to sell up to a fifth of the group's money-making entertainment arm. It's a radical idea for corporate Japan where change doesn't come easy. Hayley Platt ...
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Sony cuts electronics sales targets
Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business.CEO Kazuo Hirai told a press briefing on Wednesday that Sony would assess a proposal from its biggest shareholder, billionaire Daniel Loeb's Third Point LLC hedge fund, that ...
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Asian shares mixed Tokyo ends at 5-year high
A visitor takes a picture of an electronic stock board on the Tokyo Stock Exchange in Tokyo, Wednesday, May 22, 2013. Asian shares were mixed on Wednesday despite a strong lead from Wall Street as markets awaited testimony from the US Federal Reserve chief, but Tokyo stocks finished at their highest level in five years. AP PHOTO/ITSUO INOUYE HONG KONG--Asian shares were mixed on Wednesday ...
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Washington alienated by Tokyo rightists
South Korean President Park Geun-hye's rhetoric proved to have an impressive reach on a recent visit to the US. A series of speeches in Washington caused a panic in Japan, far across the Pacific.The panic stemmed from a declaration at a banquet where Park expressed her willingness to address the North Korea issue in concerted efforts with China and the US after the North suspends its ...
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Pacy racing pigeon Bolt sets new world record
Pope Francis’ fascination with the devil took on remarkable new twists Tuesday, with a well-known exorcist insisting Francis helped ';liberate'; a Mexican man possessed by four different demons despite the Vatican’s insistence that no such papal exorcism took place. The case concerns a 43-year-old ...
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Ai Weiwei uses obscenity-filled music video to mock state power in China
BEIJING - Two emotionless prison guards watch Ai Weiwei as he eats, sleeps, paces, showers — and even sits on the toilet — in the artist’s new obscenity-filled, metaphor-rich music video mocking China’s state power. The video accompanying the visual artist’s single ';Dumbass'; — released Wednesday but blocked online in mainland China — is ...
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30 of indecent assault victims were staring at mobiles
About 30 percent of victims of indecent assaults in Osaka last year were using cellphones, smartphones or portable music players at the time of the attack, Osaka Prefectural Police investigative sources said. Of some 860 indecent assaults reported in 2012 to the prefectural force, about 14 percent of the victims said they were using mobile or smartphones and another 15 percent said they were ...
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Olympus fears compact camera sales will keep falling
Olympus Corp. fears sales of its compact cameras may fall by half next fiscal year, extending a decline as consumers increasingly use smartphones to take pictures. Volume sales will drop to about 1.35 million units as early as the year starting in April, Chief Executive Officer Hiroyuki Sasa said in an interview in Tokyo on Monday. The company forecasts it will sell 2.7 million compact cameras ...
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BOJ maintains monetary easing policy upgrades economic appraisal
The prospect of a clash over defense policy between South Korea's new president and the U.S. has been diminished by North Korea's own ham-fisted ...
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Kyoto papers seek heritage status
Preserving history: The 'Toji Hyakugomonjo' documents, mainly minutes of discussions about the management of Toji Temple in Kyoto between the eighth to late 19th century, will be recommended for UNESCO's Memory of the World Register. | ...
Tokyo in Focus
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Tokyo's new international airport making waves
Haneda airport was renamed Haneda International Airport with the opening of the new International Terminal, which will see several million passengers pass through it each year as the airport regains its status as a global airport with connections to major cities across the world.
When Haneda first opened in 1931 it was the largest civilian airport in the whole country and during the Second World War became a major US Air Base after the invasion of Japan and the country’s surrender. Read more
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