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Toyota chairman says fuel cell cars need more time to catch on

Toyota Motor Corp. Chairman Takeshi Uchiyamada, known as the “father of the Prius” for his work on the world’s best-selling hybrid car, said fuel cell vehicles will take longer than gasoline-electric autos to become popular because of the need to build infrastructure. “The hybrid sold much faster than we had ...

Jan 20, 2017

Aso says no need to fret about every currency move

Finance Minister Taro Aso said Friday there is no need to fret about every currency move but volatility is undesirable. “We do not need to be swayed by every rise and fall,” Aso told a news conference after a Cabinet meeting while financial markets ...

Jan 20, 2017

Japan ratifies TPP despite bleak outlook under Trump

Japan ratified the Trans-Pacific Partnership trade agreement on Friday, hours before the inauguration of Donald Trump as U.S. president. Trump has pledged to withdraw from the 12-party pact. After the Cabinet of Prime Minister Shinzo Abe approved the TPP Friday morning, the government notified ...

Jan 20, 2017

Tepco mulls first bond sale in over six years

Tokyo Electric Power Company Holdings Inc. might issue its first corporate bonds in 6½ years this March, informed sources say. The beleaguered utility hasn’t issued bonds since the March 2011 triple core meltdown at its Fukushima No. 1 nuclear plant. Tepco would be expected ...

Jan 20, 2017

Kirin in talks to sell Brazilian beverage unit to Heineken

Kirin Holdings Co. plans to sell its struggling beverage business in Brazil to Dutch brewer Heineken NV for about ¥100 billion ($8.7 billion), a source familiar with the matter said Friday. Kirin Holdings said in a statement that although nothing has been finalized, it ...

For white-collar workers, AI threatens new workplace revolution

Jan 20, 2017

For white-collar workers, AI threatens new workplace revolution

If your job involves inputting reams of data for a company, you might want to think about retraining in a more specialized field. Or as a plumber. After industrial robots and international trade put paid to many manufacturing jobs in the West, millions of ...