July 2013
M T W T F S S
« Jun   Aug »
1234567
891011121314
15161718192021
22232425262728
293031  
Panasonic profit up 8.4-fold due to shakeup

Jul 31, 2013

Panasonic profit up 8.4-fold due to shakeup

Panasonic Corp. said Wednesday its group net profit for the April-June period increased 8.4-fold from a year earlier to ¥107.83 billion due mainly to positive effects of restructuring efforts and a one-off gain related to changes in its pension program. The struggling electronics maker ...

Jul 31, 2013

Deficit cut mulled as sales tax debate intensifies

The Abe administration is considering an ¥8 trillion target for budget-deficit cuts over the next two years as officials debate how to proceed with the planned consumption tax increases that threaten to take the wind out of the economic rebound. The possible target is ...

Jul 31, 2013

ANA budget airline to be renamed

ANA Holdings Inc. said its AirAsia Japan low-cost airline unit will end operations at the end of October and restart under a different name around year’s end. The reinstituted budget carrier will remain based at Narita International Airport and Central Japan International Airport in ...

Jul 31, 2013

Honda's quarterly profit slides 7%

Honda Motor Co. said Wednesday its group net profit fell 7.0 percent from a year earlier to ¥122.50 billion in the April-June quarter, due to losses stemming from foreign exchange contracts. Consolidated operating profit rose 5.1 percent to ¥184.96 billion on favorable effects of ...

Solid ASEAN ties key to Abe strategy

Jul 31, 2013

Solid ASEAN ties key to Abe strategy

by Daisuke Yamamoto

Prime Minister Shinzo Abe’s visits to Malaysia, Singapore and the Philippines last week underscores his government’s eagerness to forge closer ties with the fast-growing Southeast Asia region as part of efforts to revive Japan’s economy. Deepening cooperation with the Association of Southeast Asian Nations ...

New America-Japan Society chief looks to expand

Jul 31, 2013

New America-Japan Society chief looks to expand

by Sayuri Daimon

It has a well-recognized name and more than a century of history. Many prominent figures from Japan and the United States have been involved in its efforts to nurture friendly ties between the two nations. But Ichiro Fujisaki, newly appointed president of the America-Japan ...

| Jul 31, 2013

In North Korea, only hard currency please

Chinese yuan, U.S. dollars, euros and tea bags. Money can come in many forms in North Korea, but as a foreign visitor you’ll probably never even see a local bank note, let alone use one. Pretty much any hard currency is welcome in a ...

WikiLeaks' founder may be next target

| Jul 31, 2013

WikiLeaks' founder may be next target

The conviction of U.S. Army Pvt. Bradley Manning on espionage charges Tuesday makes it increasingly likely that the United States will prosecute WikiLeaks founder Julian Assange as a co-conspirator, according to his attorney and other civil liberties groups. Judge Denise Lind, an army colonel, ...

Jul 31, 2013

Guam murder rampage trial to resume next week

The trial of a 21-year-old Guam man accused of killing three Japanese tourists and wounding 11 other people in a car and knife rampage earlier this year will resume next week, a court spokesman said. Joshua Tenorio, spokesman for the Judiciary of Guam, said ...

Jul 31, 2013

JPMorgan to settle market-rigging case

On March 14, 2011, Blythe Masters, head of JPMorgan Chase’s global commodities group, asked one of her top deputies why California power officials were making ominous inquiries into the bank’s arcane and lucrative business of selling electricity. Five months earlier, Masters had been given ...

Jul 31, 2013

India's ruling Congress party approves new state

India’s ruling Congress party approved a resolution Tuesday to create a new state in the southeast amid fears the decision could spark violence in the region, which includes IT hub Hyderabad. Prime Minister Manmohan Singh, Congress leader Sonia Gandhi and other senior party officials ...

Jul 31, 2013

Hands-free tools make driving more dangerous

Makers of cars and mobile electronics are pushing a tempting vision of the future, one in which you can stay fully connected while driving. In the name of safety, they provide hands-free wireless setups for your cellphone, so you can talk with both hands ...

| Jul 31, 2013

Poll weakens Cambodia strongman

Cambodia faces a potential political stalemate unless strongman Prime Minister Hun Sen can strike a compromise with a resurgent opposition after hotly disputed elections, analysts say. Allegations of election fraud have flared since the ruling Cambodian People’s Party (CPP) claimed it won polls last ...

Obama offers deal over taxes, jobs

Jul 31, 2013

Obama offers deal over taxes, jobs

President Barack Obama on Tuesday proposed spending more on creating jobs in exchange for an overhaul of business taxes. But the idea quickly devolved into the type of partisan finger-pointing that shows why any agreement will be so difficult. With great fanfare, Obama and ...

Can low-nicotine smokes end addiction?

Jul 31, 2013

Can low-nicotine smokes end addiction?

by Brady Dennis

Beverly Anusionwu, a smoker for three decades who favors Maverick menthols, was enticed to the small lab inside the University of Pittsburgh’s psychology department by an ad promising free cigarettes and a few bucks for her time. She spent a couple of hours on ...

Jul 31, 2013

World's first iPS clinical research for retina regeneration begins

The world’s first clinical research using induced pluripotent stem cells, known as iPS cells, for the regeneration of retina begins Thursday, according to a Japanese team of researchers. The state-backed scientific research institute Riken, based in Wako, Saitama Prefecture, and the Foundation for Biomedical ...

Miura sets sights on another record, this one for skiing

Jul 31, 2013

Miura sets sights on another record, this one for skiing

Adventurer Yuichiro Miura, who in May became for the second time the oldest person to scale Mount Everest, now wants to become the oldest person to descend from the world’s “highest skiing point.” In an interview Sunday, the 80-year-old Miura said he hopes within ...

Escape plans in works for Fuji eruption

Jul 31, 2013

Escape plans in works for Fuji eruption

The Yamanashi, Shizuoka and Kanagawa prefectural governments are working out evacuation plans for a possible violent eruption of Mount Fuji, amid elation over the adding of Japan’s highest mountain to UNESCO’s list of World Heritage cultural sites. Mount Fuji, a 3,776-meter volcano, has erupted ...