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Sep 10, 2014

Japan mulls applying same tariffs to beef imports from all TPP nations

Japan is mulling applying the same beef tariff rates to all 11 other negotiating member countries of the Trans-Pacific Partnership, including the United States, sources familiar with the negotiations said Tuesday. Tokyo had considered allowing lower tariffs only for beef imports from the United ...

Sep 9, 2014

Rakuten to acquire Ebates in Japan's biggest e-commerce deal

Rakuten Inc. has agreed to buy U.S. rebates website Ebates Inc. in Japan’s largest-ever e-commerce deal as the operator of the country’s biggest online mall seeks overseas growth through acquisitions. Rakuten will pay $1 billion in cash for all of Ebates, it said in ...

Sep 9, 2014

Abe needs more stimulus to raise sales tax, adviser Itoh says

The administration should consider a supplementary budget this year and will need to add stimulus for the economy to weather the planned increase in the consumption tax in 2015, according to Motoshige Itoh, a member of an advisory panel to Prime Minister Shinzo Abe. ...

Sep 9, 2014

Kansai Electric plans to supply power to Tokyo-area condominiums

Kansai Electric Power Co. reportedly plans to begin supplying electricity to condominiums in the Tokyo metropolitan area by forming a capital and business tie-up with a bulk energy provider based in Osaka. Through the alliance with Chuo Electric Power Co., Kansai Electric will aim ...

Apple set to take 'historic' leap with next big product

Sep 9, 2014

Apple set to take 'historic' leap with next big product

Apple is poised to reveal its next big thing in a crucial attempt to prove its technological tastemakers still have the power to mesmerize the masses. The trend-setting company is expected to rouse the still-slumbering market for wearable computers with a smartwatch or bracelet ...

| Sep 9, 2014

Dollar shoots past ¥106 level in Tokyo

The dollar climbed above ¥106 for the first time in nearly six years in Tokyo trading Tuesday, reflecting speculation about an earlier than expected interest rate hike in the United States on the back of the country’s economic recovery. At 5 p.m., the dollar ...

Sep 9, 2014

Australia urges Japan to further lower beef tariffs in TPP

Australia is urging Japan to further lower its tariffs on beef under the Trans-Pacific Partnership after Tokyo agreed to substantially cut them under a two-way free trade deal struck in April, negotiation sources said Tuesday. Australia, which became the first major farming country to ...

Tesla's Musk keeps door open to future projects with Toyota

Sep 9, 2014

Tesla's Musk keeps door open to future projects with Toyota

As Tesla Motors Inc. and Toyota Motor Corp. conclude an initial vehicle project that met with mixed results, Elon Musk, Tesla’s chief executive officer, said his company may form another partnership with the giant Japanese carmaker. “If you look out maybe two or three ...