Topics

Feb 12, 2016

Japan's economic roller coaster is headed for another dip

After three years of Abenomics and record monetary stimulus from the central bank, the economy still cannot escape a roller-coaster cycle of expansion and contraction. The next round will commence on Monday, when gross domestic product data for the fourth quarter are released. The ...

Feb 12, 2016

Four-nation eel talks on ice because of Chinese objections

Negotiations among Japan, China, South Korea and Taiwan on resource management of the Japanese eel, which is in danger of extinction, have been suspended since June, Jiji Press has learned. This is because China has been reluctant to accept a proposal to establish a ...

Camera makers struggle to stay atop smartphone wave

Feb 12, 2016

Camera makers struggle to stay atop smartphone wave

High school student Nao Noguchi is a perfect example of why Japanese camera sales have plunged in the past few years — she uses her smartphone for everything and cannot understand why anyone would bother with a separate device for photos. “It is easy ...

Feb 11, 2016

Dollar tumbles below ¥111 in London

The dollar accelerated its downswing to briefly slip below ¥111 for the first time in about 15 months in London trading Thursday morning. The greenback fell to as low as ¥110.99 at one point, according to market sources. At 9 a.m., the dollar stood ...

Asahi makes offer for Peroni, Grolsch beers from AB InBev

Feb 11, 2016

Asahi makes offer for Peroni, Grolsch beers from AB InBev

Budweiser brewer AB InBev has received a binding offer of €2.55 billion ($2.85 billion) from Asahi Group Holdings for the European beer brands Grolsch, Peroni and Meantime — a sale that is meant to address regulatory concerns about AB InBev’s mega-merger with SABMiller. The ...

Feb 11, 2016

Government debt fell to ¥1.044 quadrillion at end of 2015

Government debt totaled ¥1.044 quadrillion at the end of 2015, a decline of ¥9.83 trillion in the final three months of the year, the Finance Ministry said. The decrease came as the government cut back its issuance of financing bills that are designed to ...

INCJ sticks by rescue plan for Sharp as Foxconn talks continue

Feb 11, 2016

INCJ sticks by rescue plan for Sharp as Foxconn talks continue

Japan’s Innovation Network Corp. is confident Sharp Corp. will see its rescue plan as superior to a competing bid even as the struggling electronics maker enters talks with Taiwan’s Foxconn Technology Group. “We are not giving up,” INCJ Chief Executive Officer Toshiyuki Shiga said ...

Feb 11, 2016

Adblock Plus, scourge of websites, seeks middle ground with industry

For its users, Adblock Plus stands as a bulwark against intrusive advertising. But websites dependent on advertising revenue to remain free of charge see the open source software as a scourge. Now the German firm behind Adblock Plus is taking a more conciliatory tack, ...