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Apr 20, 2015

Japan white goods shipments fell 12.2 percent in fiscal 2014

Shipments of white goods in fiscal 2014 dropped 12.2 percent from the previous year to ¥2.1 trillion, the Japan Electrical Manufacturers’ Association said Monday. Domestic white goods shipments in the reporting year, which ended March 31, fell for the first time in three years, ...

Apr 20, 2015

Sumitomo Mitsui Banking to invest in Colombia State Bank

Sumitomo Mitsui Banking Corp. said Monday that it will acquire a stake of 8.84 percent in Colombian state-run development bank Financiera de Desarrollo Nacional SA, or FDN. The mega-bank signed a contract for the FDN equity purchase with the International Finance Corp. With the ...

Apr 20, 2015

Custom-made earphones growing popular in Japan

Custom-made earphones, tailored to the tastes of audio fans unrelenting in their pursuit of sound quality, are enjoying brisk sales in Japan despite their eye-popping prices, industry sources say. The custom-made products, shaped to users’ ears for acoustic seal, appeal to those appreciating scarcity ...

Apr 20, 2015

Japan, U.S. trade chiefs continue TPP talks ahead of summit

Trade chiefs from Japan and the United States continued negotiations on Monday that could pave the way to conclude the proposed 12-country Pacific free trade deal, seeking to resolve outstanding issues before their leaders’ summit in about a week. The second day of negotiations ...

Apr 19, 2015

Osaka Gas boss targets Tokyo market

Osaka Gas Co. is mulling various tieup options ahead of the full liberalization of the retail electricity market in fiscal 2016 and the gas retailing market in 2017, President Takehiro Honjo said in a recent interview. “Tokyo is an attractive market,” Honjo said, expressing ...