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U.S. says Keystone pipeline won't spur climate change

The U.S. State Department released a draft environmental impact assessment of the controversial Keystone XL pipeline Friday, suggesting the project will have little impact on climate change. Canada’s oil sands will be developed even if U.S. President Barack Obama denies a permit to the pipeline connecting the region to Gulf ...

ANA chief sees Boeing progress on batteries

Mar 2, 2013

ANA chief sees Boeing progress on batteries

The president of All Nippon Airways, Boeing’s biggest single customer for its troubled 787 Dreamliner, said Friday he believes the U.S. manufacturer has made progress in resolving problems with the aircraft’s lithium-ion batteries. How soon Boeing can fix the problems, which have led to ...

Mar 2, 2013

Prices drop 0.2% as deflation continues

Consumer prices fell 0.2 percent in January from a year earlier for the third straight month of decline, due mainly to a drop in household durable goods, including air conditioners, the government said Friday. The core consumer price index, excluding fresh foods, stood at ...

Nissan's new car to test mood in China

Mar 2, 2013

Nissan's new car to test mood in China

After protests erupted across China last year over the Senkaku Islands, sales of Japanese-branded cars there plummeted. Nissan Motor Co.’s prescription for winning back Chinese drivers: a quieter ride and better gas mileage. Nissan introduced its new Teana sedan Tuesday in the southern city ...

Mar 2, 2013

Japan surpasses China as holder of U.S. securities

Japan’s purchases of U.S. Treasuries helped it overtake China last June as the largest foreign holder of American securities, including equities, asset-backed paper and U.S. government debt, Treasury Department figures show. Tokyo’s total holdings of all types of U.S. securities grew to $1.84 trillion ...

Mar 2, 2013

Jobless rate improved to 4.2% in January

The unemployment rate fell to 4.2 percent in January from a revised 4.3 percent in December for the first improvement in three months as more women found jobs, government data showed Friday. But an official in the Internal Affairs and Communications Ministry said the ...

Shiseido to abolish testing cosmetics on animals

Mar 2, 2013

Shiseido to abolish testing cosmetics on animals

Shiseido Co., the nation’s largest maker of cosmetics, will abolish animal testing for products to be developed from April at both domestic and overseas laboratories, as alternative methods have been established. In a news release, the company said the decision was made at meeting ...

Mar 2, 2013

Narita to reduce some landing fees

Narita International Airport Corp. will lower landing fees in April for international airlines that launch new routes or additional flights. The reduced fees will apply to airlines that have more cumulative landing weight in a half-year period than in the corresponding period in the ...

Mar 2, 2013

Myanmar to get aid on content rights

Japan will help Myanmar develop a system to increase intellectual property protection, officials said Thursday. Under a new agreement, the Japan Patent Office will offer advice and expertise to Myanmar to help it create the necessary laws for enhancing intellectual property protection, the officials ...

Aso vows 'drastic' action on deflation

Mar 1, 2013

Aso vows 'drastic' action on deflation

Prime Minister Shinzo Abe’s administration will take “drastic” measures to revitalize the economy, Finance Minister Taro Aso pledged Thursday, suggesting that previous policies had been insufficient to beat back more than a decade of deflation. “Deflation is a deep-rooted problem that has undermined the ...

Mar 1, 2013

Tepco mulls power cuts for industries refusing its rate hike

Tokyo Electric Power Co. may suspend power supply to companies and factories that are refusing to accept the utility’s higher electricity rates, which it has increased since last April by an average of 14.9 percent, a company official said Wednesday. The utility, which is ...

Mar 1, 2013

Domestic auto output skids 10.6%

Eight major Japanese automakers reported Wednesday their combined domestic output in January fell 10.6 percent from a year earlier to 714,580 vehicles as domestic sales sagged after the end of government subsidies for eco-friendly vehicle purchases. Their domestic production declined for the fifth straight ...