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May 2, 2015

Newcomers to Japan low-cost smartphone market increasing

An increasing number of companies, mainly retailers, are launching low-cost smartphone services in Japan by taking advantage of a regulatory step designed to help users easily switch mobile operators. Mobile operators are now required to remove subscriber identity modules, or SIM, locks from new ...

With solar battery plan, Tesla CEO eyes energy revolution

| May 2, 2015

With solar battery plan, Tesla CEO eyes energy revolution

Never lacking daring ideas, billionaire entrepreneur Elon Musk is determined to jolt the electricity market. The CEO of electric car maker Tesla Motors hopes to park hundreds of millions of large, solar panel-connected batteries in homes and businesses so the world can disconnect from ...

May 1, 2015

Otsuka Kagu posts first-quarter loss after proxy fight

Otsuka Kagu Ltd. said Friday that it swung to a net loss in the first quarter as clients shunned the Japanese furniture retailer following the proxy fight between the founder and his daughter. Otsuka Kagu posted a net loss of ¥740 million for the ...

May 1, 2015

Unemployment fell to 3.4% in March

The seasonally adjusted jobless rate stood at 3.4 percent in March, down 0.1 percentage point from the previous month, improving for the second straight month thanks to a better employment situation for young people, the Ministry of Internal Affairs and Communications said Friday. The ...

May 1, 2015

TPP ministers expected to meet this month in Philippines

Ministers from the 12 countries negotiating the vaunted Trans-Pacific Partnership free-trade bloc are expected to meet in the Philippines for three days starting May 26, according to U.S. Undersecretary of State for Economic Growth Catherine Novelli told reporters on Thursday. The U.S., Japan and ...