Jul 11, 2014

Daido Steel to buy stake in India's Sunflag

Daido Steel Co. will buy a 10 percent stake in Sunflag Iron & Steel Co. for around ¥1 billion in late August as it expands operations in India’s fast-growing automobile market. Nagoya-based Daido said Thursday it would buy the shares via third-party allotment to ...

The long march of 'biofortified' GM foods

Jul 11, 2014

The long march of 'biofortified' GM foods

In 1992, a pair of scientists had a brain wave: How about inserting genes into rice that would boost its vitamin A content? By doing so, tens of millions of poor people who depend on rice as a staple could get a vital nutrient, ...

Jul 11, 2014

Honda to recall more than 170,000 hybrids in Japan

Honda Motor Co. told the transport ministry Thursday that it will recall 175,356 units of its hybrid Fit subcompacts and Vezel sport utility vehicles in Japan because of an engine control computer glitch linked to cases of sudden acceleration. This is the fourth safety ...

Jul 11, 2014

Kyocera sues South Korea's Hanwha over solar power patent

Kyocera Corp. is suing the Japanese arm of South Korean conglomerate Hanwha Group for patent infringement related to technology that maximizes the efficiency of solar batteries. Kyocera said Thursday it filed the suit against Hanwha Q Cells Japan Co. with the Tokyo District Court ...

Jul 11, 2014

Third-quarter growth may pave way for second stage of tax hike

The economy is likely to grow between July and September at a pace consistent with plans to complete the doubling of the consumption tax to 10 percent in October 2015, a government-affiliated nonprofit group said in a survey. The Japan Center for Economic Research ...

Jul 11, 2014

Utah man admits stealing rare dinosaur footprint fossil

A Utah man has admitted to stealing, and then throwing away, a very rare fossilized dinosaur footprint, but will not spend any time in prison, according to court documents. Jared Ehlers, a 35-year-old construction worker, pleaded guilty on Wednesday in U.S. District Court in ...

U.S. defense chief says F-35 still the jet of the future

Jul 11, 2014

U.S. defense chief says F-35 still the jet of the future

U.S. Defense Secretary Chuck Hagel told military fliers on Thursday the stealthy F-35 attack plane has “issues” but is still “the future for our fighter aircraft” despite a fire that grounded the fleet and jeopardized its international debut in Britain. In a visit to ...