Tourist boom sees Japan's urban land prices rise for first time in 27 years
“Unlike during the bubble economy years, when numerous land transactions were aimed at resale, the rising land prices this time are backed by (real) economic activities,” an official said.
Apple Inc. has unveiled a new iPad that's thinner and slightly larger than its current entry-level tablet. The new iPad Air will cost $499 and sport a screen that measures 10.5 inches diagonally. That compares with the standard, 9.7-inch iPad, which Apple will still sell ...
China's foreign minister lashed out at what he called "abnormal, immoral" attacks on Huawei Technologies Co. amid growing concern, led by the U.S., that the telecom giant poses a security risk to the West. Wang Yi demanded a "fair and just competition environment" for Chinese ...
Probe of FAA's oversight of Boeing 737 Max began before second crash
U.S. federal authorities began exploring a criminal investigation of how Boeing Co.'s 737 Max was certified to fly passengers before the latest crash in Ethiopia involving the new jet, according to sources familiar with the probe. The investigation was prompted by information obtained after a ...
U.N. patent data show Asia innovation surge, with Huawei top-filing firm
More than half of all international patent applications filed last year came from Asia, a further sign of innovation shifting "from west to east," the United Nations said Tuesday. In the latest annual breakdown of patent filings released by the World Intellectual Property Organization (WIPO), ...
Lyft gets the jump on Uber, opens up its IPO road show with plan to offer 30 million shares
Lyft has officially kicked off the road show for its initial public offering, saying it plans to put more than 30 million shares up for sale with an anticipated price of between $62 and $68 each. That would raise more than $2 billion for the ...
Trump to GM: Reopen or sell Ohio plant, close one in Mexico or China and 'Bring jobs home!'
President Donald Trump is escalating his pressure on General Motors, as he calls for the company to reopen an Ohio manufacturing plant. Trump tweeted Monday that GM should: "Close a plant in China or Mexico, where you invested so heavily pre-Trump," and "Bring jobs home!" Trump ...
Alitalia faces uncertain future as easyJet quits rescue talks
The future of Alitalia was plunged further into uncertainty on Monday after British budget airline easyJet pulled out of talks to rescue the Italian carrier two weeks before a deadline to save it. EasyJet said it had decided to withdraw from the process after discussions ...
The dollar weakened below ¥111.50 in late afternoon trading Monday in Tokyo as investors retreated to the sidelines prior to the U.S. Federal Reserve's two-day policy-setting meeting that starts Tuesday. At 5 p.m., the dollar stood at ¥111.48-48, down from ¥111.65-65 at the same time ...
Stocks gained further ground Monday, with investor sentiment brightened by rises in U.S. equities Friday. The Nikkei 225 average climbed 133.65 points, or 0.62 percent, to end at 21,584.50. On Friday, the key market gauge rose 163.83 points. The Topix, which covers all first-section issues on ...
New Seiyu CEO says Walmart not looking to sell its Japanese supermarket chain
“I’m not here to sell a business,” Lionel Desclee tells reporters in Tokyo in his first public remarks since his appointment Friday. “Absolutely not at all.”
Descente president likely to step down after successful hostile bid by Itochu
Masatoshi Ishimoto, president of sporting goods maker Descente Ltd., is likely to step down after trading house Itochu Corp. successfully completed a hostile tender offer, according to informed sources. Itochu demanded changes to Descente's management when senior officials of the two Japanese companies met in ...
