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Apr 14, 2015

IMF raises Japan's growth forecast to 1% for 2015

The International Monetary Fund said Tuesday it nudged up its economic growth projection for Japan in 2015 by 0.4 point to 1.0 percent in real terms, mainly thanks to the yen’s weakness and lower crude oil prices. Japan’s economy is expected to pick up ...

Apr 14, 2015

Honda admits Takata air bag fault in Florida injury

Honda Motor Co. on Monday said that a faulty air bag made by Takata Corp. ruptured in the crash of a Honda Civic in March in Florida, injuring the driver. A metal fragment hurled from a front airbag inflator struck the driver in the ...

Apr 14, 2015

Japan estimates potential AIIB membership would cost ¥360 billion

Joining the China-led Asian Infrastructure Investment Bank will cost Japan about ¥360 billion and give it a stake about half that of Beijing, according to government estimates in a document obtained by Bloomberg. Japan’s initial contribution would be ¥180 billion, before doubling when the ...

Customer service robot debuts at Tokyo-Mitsubishi UFJ

Apr 14, 2015

Customer service robot debuts at Tokyo-Mitsubishi UFJ

Bank of Tokyo-Mitsubishi UFJ took a first step toward employing nonhuman staff on Monday, with the introduction of a customer service humanoid robot at its flagship Tokyo outlet. Standing 58 cm tall and weighing 5.4 kg, the Nao robot will work at reception until ...

Visitor numbers surge at Toyota technology museum

Apr 14, 2015

Visitor numbers surge at Toyota technology museum

The Toyota Commemorative Museum of Industry and Technology attracted a record number of visitors last year, with domestic and foreign tourists flocking to its displays of machines in action. The museum showcases the technological history of the Toyota Motor Corp. group, and has as ...

Apr 14, 2015

Japan won't cave in on TPP at summit, minister says

A Japan-U.S. summit planned for late April should not be seen as a deadline for reaching a bilateral deal seen as vital to concluding a 12-country Pacific free trade pact, economic and fiscal policy minister Akira Amari said Tuesday. Japan and the United States, ...