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Apr 24, 2015

GPIF to add second executive managing director

A law was enacted Friday to increase the number of executive managing directors at Japan’s Government Pension Investment Fund from one to two, to strengthen the organization of the giant public pension fund. One of the two will be current GPIF executive managing director ...

Apple Watch debuts in Japan with little fanfare

Apr 24, 2015

Apple Watch debuts in Japan with little fanfare

by Andrew Mckirdy

The much-hyped Apple Watch went on sale to a muted fanfare Friday as shoppers came to terms with limited availability of the tech giant’s first wearable gadget. Global demand for the smartwatch has been so high that Apple decided to restrict initial sales to ...

Apr 23, 2015

Nobel laureate Nakamura's lighting company opens office in Yokohama

Nobel loreate Shuji Nakamura said Thursday his U.S.-based company Soraa Inc. has opened an office in Yokohama, southwest of Tokyo, to market high-quality light-emitting diode lamps in Japan. “Japan boasts the world’s widest diffusion of LED lamps,” said Nakamura, one of three Japan-born scientists ...

| Apr 23, 2015

Greenback firms to around ¥119.90

The dollar was firmer around ¥119.90 in Tokyo trading Thursday but failed to extend gains as the U.S. currency was hit by profit-taking. At 5 p.m., the dollar was at ¥119.86-88, up from ¥119.58-58 at the same time Wednesday. The euro was at $1.0683-0685, ...