Mar 31, 2015

Fujifilm to acquire U.S. biotech company

by Kazuaki Nagata

Fujifilm Co. said Monday it will buy a U.S.-based developer of induced pluripotent stem (iPS) cells to strengthen its position in the field of regenerative medicine field, especially new drug development. Fujifilm said the firm has agreed with Cellular Dynamics International Inc. (CDI) to ...

Jokowi returns to Jakarta with $74 billion in business deals

Mar 30, 2015

Jokowi returns to Jakarta with $74 billion in business deals

President Joko “Jokowi” Widodo has brought back business commitments worth a total of $74.34 billion in various planned projects and investments, following state visits to Japan and China over the past week, a senior government official said. Upon arriving in Jakarta after accompanying the ...

Mar 30, 2015

Industrial output takes larger drop

Japan’s industrial production fell more than forecast in February, adding to pressure from a drop in consumer spending and faltering inflation. Output declined 3.4 percent from January, when it rose 3.7 percent, the trade ministry said in Tokyo on Monday. The median estimate of ...

Mar 30, 2015

Benesse’s data went to 500 firms

Customer information copied by a systems engineer from Benesse Corp. was leaked to more than 500 companies through name-list traders, police said Monday. Police investigating Japan’s biggest-ever data theft said that the engineer, Masaomi Matsuzaki, 40, arrested last July on suspicion of stealing personal ...

Mar 30, 2015

Japan called biggest Asian project finance sponsor in Africa

Japan has been the biggest Asian project finance sponsor in Africa for the past 10 years, investing about three times as much as China, British law firm Linklaters LLP has said. The amount of Japanese project finance commitments to Africa over the 10 years ...

Mar 30, 2015

Russia, Australia, Netherlands to join China's development bank

Russia, Australia and the Netherlands on Saturday became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank, adding clout to an institution seen as enhancing China’s regional and global influence. The AIIB, seen as a challenge to ...

Mar 30, 2015

Toyota holds first event for individual shareholders

Toyota Motor Corp. organized an event for individual shareholders on Sunday for the first time and called on them to buy and hold Toyota shares in the long term. At the event in Nagoya, Toyota President Akio Toyoda said, “We’d like to earn the ...

Mar 29, 2015

Software update puts Mitsubishi TVs on the blink

Mitsubishi Electric Corp. said Sunday that a bad software update might have caused up to 1.62 million of its liquid crystal display TVs across Japan to repeatedly turn on and off every few minutes. The problem, which began at midnight Saturday and involved 118 ...