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As Abenomics loses shine, Japan's shoppers seek bargains

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Three years of Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ confidence to invest or sufficiently raise wages ...

Apple plans iPhone tap-to-pay system for Japan's trains, buses

Aug 26, 2016

Apple plans iPhone tap-to-pay system for Japan's trains, buses

Apple Inc. is planning a new iPhone feature for Japan that will enable users to pay for mass-transit rides with their smartphones instead of physical payment cards. A future iPhone will include technology called FeliCa, a mobile tap-to-pay standard in Japan developed by Sony ...

Mideast activist's spyware find prompts iPhone security boost

Aug 26, 2016

Mideast activist's spyware find prompts iPhone security boost

A botched attempt to break into the iPhone of an Arab activist using hitherto unknown espionage software has trigged a global upgrade of Apple’s mobile operating system, researchers said Thursday. The spyware took advantage of three previously undisclosed weaknesses in Apple’s mobile operating system ...

Aug 26, 2016

FTC chides FamilyMart for unfairly curbing subcontractor payments

The Fair Trade Commission on Thursday reprimanded major convenience store operator FamilyMart Co. for unfairly reducing payments to subcontractors making its private brand products. FamilyMart was urged to correct the situation and ensure that similar misconduct will not occur. The antitrust watchdog said that ...

Aug 26, 2016

Japanese firms plan new conversational English-gauging exam

Three Japanese companies said Thursday that they will launch a new test to measure the ability to take care of guests from foreign countries using English conversation. The three firms are publisher Obunsha Co., Casio Computer Co. and Mainichi Newspapers Co. They plan to ...

Narita airport saw customer traffic surge 9% during Bon

Aug 25, 2016

Narita airport saw customer traffic surge 9% during Bon

Passengers who used Narita International Airport during the Bon holidays rose 9 percent to 1,085,630 compared with the previous year, according to preliminary immigration data released Thursday. The growth reflected the increase chiefly caused by the new “Mountain Day” holiday on Aug. 11 and ...

Aug 25, 2016

Monsanto withdraws new GM cotton seed in dispute with India

Monsanto has pulled an application seeking Indian approval for its next generation of genetically modified, pest-resistant cotton seeds, it said Thursday, sharply escalating an ongoing row with the Indian government. The U.S. agribusiness giant said it withdrew plans to introduce the seeds in July ...

Aug 25, 2016

Japan authorizes $2 million for Washington-Baltimore railway study

Kenichiro Sasae, the Japanese ambassador to the U.S., says Tokyo has authorized $2 million to support a feasibility study on building a high-speed railway between Baltimore and Washington, D.C. Sasae made the announcement Wednesday after signing a memorandum of cooperation between Japan and Maryland ...