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ASIA PACIFIC / Crime & Legal
May 16, 2016

Vietnamese bank thwarts SWIFT message fraud

Vietnam's Tien Phong Bank (TPBank) said Sunday it had thwarting a wire fraud attempt late last year. It said a third-party service it used to connect with the SWIFT global money transfers system may have been attacked by hackers.
Japan Times
LIFE / Lifestyle
May 14, 2016

True colors: Seeking equality in the way we see the world

Steps are being taken to assist people with color vision deficiency navigate life more easily. As we find out, however, not everyone agrees with the approach.
Japan Times
BUSINESS
May 14, 2016

Strong yen to cut cash for Japanese carmakers' research and development

Japan's three leading automakers expect a stronger yen will cost them around $14 billion in lost operating profit this year alone — just as they need to invest more in everything from cleaner fuel to driverless cars.
ASIA PACIFIC
May 13, 2016

Data on Chinese tycoons, party officials leaked on Twitter

Personal information on dozens of Chinese Communist Party officials and captains of industry from Jack Ma to Wang Jianlin may have been exposed on Twitter in one of the country's biggest online leaks of sensitive information.
Japan Times
BUSINESS / Companies / FOCUS
May 13, 2016

How a confession turned into ¥237.4 billion bargain for Nissan

Two days before Mitsubishi Motors Corp. went public with news it had overstated the fuel economy of its cars, Chairman Osamu Masuko visited Nissan Motor Co. President Carlos Ghosn for a mea culpa. It did not take long for talk to turn from an apology to a deal.
BUSINESS / Companies
May 13, 2016

Sharp's 'subpar' performance prompts Hon Hai to warn of job cuts but vow to reward dedicated ranks

Terry Gou warns his newly acquired employees of job cuts while promising to reward those who commit to rebuilding.
BUSINESS / Companies
May 12, 2016

Sharp's losses, liabilities underscore challenge for Hon Hai

Sharp Corp. posted a second straight annual loss and said its liabilities exceeded its assets, highlighting the turnaround challenge facing new owner Hon Hai Precision Industry Co., also known as Foxconn Technology Group.
Japan Times
BUSINESS / Companies
May 12, 2016

McDonald's Japan quarterly loss narrows after menu changes

McDonald's Holdings Co. (Japan)'s first-quarter loss narrowed as the fast-food chain won back some customers after being hit by a series of food safety scandals.
BUSINESS
May 12, 2016

Chinese firms claim sovereign immunity in U.S. courts

Some Chinese state-owned entities backed by the key government agency that oversees major state industrial companies have adopted a controversial defense when they face U.S. lawsuits: You can not touch us because we enjoy sovereign immunity.
Japan Times
BUSINESS / Companies / FOCUS
May 10, 2016

Son looks to listing to plug SoftBank's $22 billion valuation gap

Masayoshi Son's promises of a turnaround for his U.S. operations and a record share buyback have not been enough to erase SoftBank Group Corp.'s $22 billion valuation gap. The billionaire founder has at least one more card to play — listing the company's domestic telecommunications business.
BUSINESS
May 9, 2016

BOJ board member Sakurai's Ph.D. credentials questioned

Weekly magazine Shukan Post has raised questions about new Bank of Japan Board member Makoto Sakurai's credentials, saying there is no record of him submitting a thesis or graduating with a Ph.D.
Japan Times
LIFE / Digital
May 8, 2016

Japan's pop culture movers turn out for Niconico party

You'd think nothing would be a surprise during a kabuki show starring a famous actor and a holographic pop star, but you'd be mistaken.
Japan Times
WORLD
May 8, 2016

Canadian wildfire explodes in size, approaches oil sands project

A raging Canadian wildfire grew explosively on Saturday as hot, dry winds pushed the blaze across the energy heartland of Alberta and threatened to burn close to an oil sands project.
BUSINESS / Companies
May 6, 2016

Myriad closes Japan hedge fund as Abenomics disappoints

Myriad Asset Management has closed down a Japan-focused hedge fund less than a year after opening it, after changing its view on the government's ability to end deflation through stimulus, said a person with knowledge of the matter.
Japan Times
BUSINESS
May 6, 2016

Private cash is answer to U.S. bullet train plan

It took years of lawsuits and political battles for California to finally break ground last year on America's first bullet train, which aims to connect San Francisco to Los Angeles by 2029.
ASIA PACIFIC
May 2, 2016

Philippine front-runner open to talks with China on sea dispute

Rodrigo Duterte, the tough-talking Davao City mayor who is leading Philippine presidential polls, said he will hold bilateral talks with China to resolve a territorial dispute in the South China Sea if the current multilateral discussions do not bear fruit within two years.
Japan Times
JAPAN / Media / BIG IN JAPAN
Apr 30, 2016

Human primacy is go-ing, go-ing, gone

It is said of the ancient Chinese game go that the number of possible positions on its board exceeds the number of atoms in the known universe.
Japan Times
BUSINESS
Apr 29, 2016

Examining 'Industry 4.0' opportunities

"Industry 4.0," or the fourth industrial revolution, can offer both opportunities and risks for the Japanese economy.

Longform

A sinkhole in Yashio, which emerged in January, was triggered by a ruptured, aging sewer pipe. Authorities worry that similar sections of infrastructure across the country are also at risk of corrosion.
That sinking feeling: Japan’s aging sewers are an infrastructure time bomb