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No final deal in TPP trade talks, negotiators say

Delegates negotiating a huge Pacific free-trade agreement said Friday they have failed to reach a final deal after several days of intense talks in Hawaii, in a setback to U.S. President Barack Obama. But U.S. Trade Representative Michael Froman, in a statement on behalf of the 12 countries involved, insisted ...

U.S. Marines declare Lockheed's F-35B ready for limited combat operations

Aug 1, 2015

U.S. Marines declare Lockheed's F-35B ready for limited combat operations

The U.S. Marine Corps declared its version of Lockheed Martin Corp.’s F-35 fighter ready for limited combat operations, a milestone for the Pentagon’s costliest weapons program. “The F-35B’s ability to conduct operations from expeditionary airstrips or sea-based carriers provides our nation with its first ...

Jul 31, 2015

Sharp logged group net loss in April-June for fifth straight year

Sharp Corp. said Friday it remained in the red in the April-June period for the fifth straight year with a net loss of ¥33.98 billion due to sluggish sales of liquid crystal displays for smartphones. The Osaka-based electronics maker quickly announced additional restructuring steps, ...

Ministers continue TPP talks in Hawaii as clock ticks

Jul 31, 2015

Ministers continue TPP talks in Hawaii as clock ticks

Trade ministers from 12 countries continued negotiations on the proposed Trans-Pacific Partnership on Thursday, with outstanding issues proving to be more difficult than expected. Ministers were hoping to announce the outcome of the talks at a joint news conference planned for Friday afternoon following ...

Spending slips as consumer prices inch up

Jul 31, 2015

Spending slips as consumer prices inch up

Consumer price gains in Japan remained little more than zero in June while household spending dropped, challenging the central bank’s effort to spur inflation. Consumer prices excluding fresh food rose 0.1 percent from a year earlier, fractionally better than economists estimated. The same measure ...

Jul 31, 2015

Seven & I, Fast Retailing eye alliance, clothing line

Japanese retail giant Seven & I Holdings Co. and Fast Retailing Co., the operator of Uniqlo and other clothing chains, are mulling forging a comprehensive business alliance, it was learned Friday. They are aiming to meet diversifying consumer needs through the collaboration, which is ...