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Kanebo to launch major cosmetics brand in September

May 18, 2016

Kanebo to launch major cosmetics brand in September

Kanebo Cosmetics Inc. said Wednesday that it will launch for the first time in 10 years a new major high-priced cosmetics brand on Sept. 15 in Japan. After starting sales at some 350 shops in the country, mainly in department stores, Kanebo plans to ...

May 18, 2016

U.S. affirms China and Japan cold-rolled steel dumping margins

The U.S. affirmed the level of dumping margins it found on cold-rolled steel imports from China, paving the way for permanent duties on the product used in cars and appliances. Dumping margins were 266 percent for Chinese imports and 71 percent for Japanese cold-rolled ...

U.S. trade chief hoping for TPP approval despite negative rhetoric

May 18, 2016

U.S. trade chief hoping for TPP approval despite negative rhetoric

The top U.S. trade official is not losing hope for congressional approval of a sweeping pan-Pacific free trade agreement this year despite strong anti-trade rhetoric in the U.S. presidential campaign that may be influencing reluctant lawmakers. U.S. Trade Representative Michael Froman told reporters in ...

May 18, 2016

Sony invests in U.S. artificial intelligence venture

Sony Corp. said Wednesday it has invested in U.S. artificial intelligence startup Cogitai, aiming to develop new AI technologies and release products within the next three years. Sony is believed to have obtained a roughly 20 percent stake in the company that was founded ...

Hoping for a blockbuster, 'Tetris' game inspires movie

May 18, 2016

Hoping for a blockbuster, 'Tetris' game inspires movie

It could be a blockbuster. At least that’s what a Chinese-American movie studio hopes to produce in a sci-fi thriller based on the popular 1980s video game “Tetris.” The $80 million (¥8.72 billion) project is the first from the newly formed Threshold Global Studios, ...

| May 18, 2016

Nikkei falls back on weaker U.S. stocks

The benchmark Nikkei average turned lower on the Tokyo Stock Exchange Wednesday, as purchases triggered by stronger-than-expected economic growth failed to offset downward pressure from an overnight fallback in U.S. equities. The 225-issue Nikkei average lost 8.11 points, or 0.05 percent, to end at ...