Business Topics

Dec 11, 2014

Sony PlayStation to make China debut next month as ban ends

Sony Corp. will release its PlayStation 4 console in China next month, following Microsoft Corp. into the world’s biggest game market after the government eased restrictions. Sales will start Jan. 11 with a price of 2,899 yuan ($469), Tokyo-based Sony said in a statement ...

Dec 10, 2014

Apple to build research facility in Yokohama

Apple Inc. said Tuesday it will set up a research and development facility in Yokohama, expanding its operations in Japan from sales-oriented activities. “We are excited to expand our operations in Japan with a new Technical Development Center in Yokohama which will create dozens ...

Dec 8, 2014

Test runs start on new section of Hokuriku Shinkansen Line

Test runs started Monday for trains to be used on a new section of the Hokuriku Shinkansen Line that will reach Kanazawa, Ishikawa Prefecture, according to East Japan Railway Co. and West Japan Railway Co. JR East and JR West will continue testing the ...

Dec 8, 2014

Aeon eyes frozen food production for France's Picard

Major retailer Aeon Co. might make products for French frozen food retailer Picard Surgeles SAS in Japan, according to sources close to the matter. Aeon is planning to hold talks with Picard about the possibility of producing its frozen food items in Japan, because ...

Itochu, CP Group reportedly in talks to invest in CITIC

Dec 5, 2014

Itochu, CP Group reportedly in talks to invest in CITIC

Itochu Corp. and Thailand’s Charoen Pokphand Group are in talks to invest jointly in CITIC Ltd., the main listed unit of China’s first state-owned investment corporation, people familiar with the matter said. The companies are still waiting for regulatory approval from Chinese authorities, one ...

Dec 5, 2014

SoftBank to invest in airborne wind turbine developer Altaeros

SoftBank Corp. will invest $7 million in Altaeros Energies Inc., a U.S. company developing airborne wind turbines. Altaeros is working to commercialize technology to lift wind turbines into consistently high altitudes so they can produce more power than tower-mounted turbines, the companies said in ...