Topics

Apr 16, 2015

Japan's maglev train sets world speed record at 590 kph

A magnetic levitation train run by Central Japan Railway Co. set a world speed record of 590 kph on Thursday during a manned test run on an experimental track, the railway company said. The train operator broke the previous world record of 581 km ...

Apr 16, 2015

Germany's Merkel urged Japan to join AIIB: sources

German Chancellor Angela Merkel urged Japan to join the Beijing-led Asian Infrastructure Investment Bank as a founding member, Japanese government sources said Wednesday. The sources said Merkel made the request during a telephone conversation with Japanese Prime Minister Shinzo Abe on April 1. Abe ...

Apr 16, 2015

McDonald's Japan closing stores amid loss forecast

McDonald’s Corp.’s Japan business forecast wider losses this year, announcing store closures and job cuts after sales suffered from food scandals. McDonald’s Holdings Co. (Japan) would probably lose ¥38 billion ($318 million) this year, compared with a ¥21.8 billion loss in 2014, the company ...

| Apr 16, 2015

Tokyo stocks post modest rebound

Stocks rebounded modestly on the Tokyo Stock Exchange on Thursday, helped by buying prompted by a halt in the yen’s strengthening against the dollar. The 225-issue Nikkei average climbed 16.01 points, or 0.08 percent, to close at 19,885.77. On Wednesday, the key market gauge ...

Apr 16, 2015

Japan bumps China as top holder of U.S. Treasury debt

Japan overtook China in February as the top foreign holder of U.S. Treasury securities, a position Tokyo last held in August 2008. In its monthly report on bond holdings, the Treasury Department said Wednesday total foreign holdings of Treasury debt dipped 0.9 percent in ...

3D Robotics plans to launch $1,000 smart drone

Apr 16, 2015

3D Robotics plans to launch $1,000 smart drone

3D Robotics Inc., North America’s largest drone manufacturer, is introducing a $1,000 drone for consumers that simplifies flying and using the products. The Solo, with Linux computers in the controller and new features in the craft itself, goes on sale in late May in ...