Feb 4, 2016

Sales of imported foreign vehicles fell 0.8% in January

Sales of imported foreign-brand vehicles in Japan in January fell 0.8 percent from a year before to 17,045 units, down for the fifth straight month, the Japan Automobile Importers Association said Thursday. The overall momentum created by launching new models of mass-market vehicles has ...

Feb 4, 2016

Mitsui slashes profit forecast 21% amid rout in commodities

Mitsui & Co., the nation’s second-biggest trading house, has lowered its full-year forecast 21 percent amid a collapse in commodity prices. The company expects a profit of ¥190 billion in the financial year to March, down from its previous forecast of ¥240 billion, according ...

| Feb 4, 2016

Stocks fall further as yen climbs

Stocks lost further ground on the Tokyo Stock Exchange Thursday, dragged down by the yen’s ascent against the dollar. The Nikkei average fell 146.26 points, or 0.85 percent, to close at 17,044.99. On Wednesday, it dived 559.43 points. The Topix ended down 17.46 points, ...

Feb 4, 2016

Meet the man who's making virtual reality feel more real


As a student at the University of Bristol, Tom Carter became obsessed with a seemingly impossible notion: letting people feel and manipulate virtual objects. A professor turned him on to an esoteric concept — using ultrasound to simulate tactile sensations — that was floated ...

Feb 4, 2016

Carmakers say India's sudden rule changes raise investment uncertainty

Behind the glitzy song-and-dance sequences at the biennial Delhi Auto Expo, executives from automakers including Maruti Suzuki India Ltd., Honda Motor Co., and Ford Motor Co. are expressing concern about sudden changes in regulation. In December, India’s top court banned the sale of diesel ...

Feb 3, 2016

Panasonic cuts full-year earnings outlook amid China slowdown

Panasonic Corp. cut on Wednesday its full-year earnings forecasts, hit by the slowing of the Chinese economy and other emerging markets. For the year through March 31, Panasonic now expects an operating profit of ¥410 billion ($3.4 billion), compared with ¥430 billion projected earlier, ...