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businessNews reuters.com

Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centers: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data center operator Digital Realty Trust and build around 10 data centers in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.

sportsNews reuters.com

Motor racing: Gasly's U.S. Grand Prix absence proves in vain

AUSTIN, Texas (Reuters) - Bad weather in Japan dashed French driver Pierre Gasly's hopes of winning the Japanese Super Formula title instead of competing at this weekend's U.S. Formula One Grand Prix.

sportsNews reuters.com

Chen wins grand prix opener, Hanyu second

MOSCOW (Reuters) - Nathan Chen of the United States won the first grand prix event of the season in Moscow on Saturday, defeating Japanese rival Yuzuru Hanyu by just over three points.

Women and Girls nytimes.com

Japan Ranks Low in Female Lawmakers. An Election Won’t Change That.

Fewer than one in five of the 1,180 candidates running in Sunday’s election for the lower house of parliament are women.

environmentNews reuters.com

Strong typhoon nears southern Japan the day before election

TOKYO (Reuters) - Heavy rain and powerful winds are expected to lash large areas of Japan on Sunday as a strong typhoon sweeps ashore, possibly hindering voter turnout in a national election.

businessNews reuters.com

Japan's Mitsubishi, U.S. partner to invest $1.8 billion in data centres: media

TOKYO (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data centre operator Digital Realty Trust and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.

companyNews reuters.com

Japan's Mitsubishi, U.S. partner to invest $1.8 bln in data centres -media

TOKYO, Oct 21 (Reuters) - Japanese trading house Mitsubishi Corp plans to set up a joint venture with U.S. data centre operator Digital Realty Trust and build around 10 data centres in Japan by 2022 for 200 billion yen ($1.8 billion), the Nikkei said on Saturday.

sportsNews reuters.com

Chen, Medvedeva lead in grand prix opener

MOSCOW (Reuters) - Nathan Chen of the United States stunned reigning world champion Yuzuru Hanyu of Japan in the grand prix season opening in Moscow by taking first place in the short program, while two-time world champion Evgenia Medvedeva again showcased her dominance of the women's circuit.

sportsNews reuters.com

Chen first, Hanyu second in grand prix opener

MOSCOW (Reuters) - Reigning world champion Yuzuru Hanyu of Japan opened his grand prix season in Moscow on Friday by finishing second in the short program behind Nathan Chen of the United States.

businessNews reuters.com

Apple hit with trademark lawsuit over iPhone X 'animoji' feature

NEW YORK (Reuters) - A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term "animoji", alleging the U.S. technology company stole the name to use on a feature of its iPhone X.

companyNews reuters.com

Apple hit with trademark lawsuit over iPhone X "animoji" feature

NEW YORK, Oct 20 (Reuters) - A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term "animoji", alleging the U.S. technology company stole the name to use on a feature of its iPhone X.

companyNews reuters.com

WRAPUP2-Japan's Kobe Steel says violated statutory standards, losing customers

* Statutory standards violated - company (Adds details, comments, property auction)

sportsNews reuters.com

Chen first, Hanyu second in grand prix season opener short program

MOSCOW (Reuters) - Reigning world champion Yuzuru Hanyu of Japan opened his grand prix season in Moscow on Friday by finishing second in the short program behind Nathan Chen of the United States.

businessNews reuters.com

Japan's Kobe Steel says violated statutory standards, losing customers

TOKYO (Reuters) - Kobe Steel Ltd sank deeper into crisis on Friday as the embattled company said it had lost some customers to competitors because of widespread data falsification that had extended to its mainstream steel sheet business.

companyNews reuters.com

WRAPUP 1-Japan's Kobe Steel says violated statutory standards, losing customers

TOKYO, Oct 20 (Reuters) - Kobe Steel Ltd sank deeper into crisis on Friday as the embattled company said it had lost some customers to competitors because of widespread data falsification that had extended to its mainstream steel sheet business.

companyNews reuters.com

Nikkei posts longest winning streak since 1961 on weaker yen, Abe hopes

TOKYO, Oct 20 (Reuters) - Japan's Nikkei share average rose for the 14th straight session on Friday to post its longest winning streak in over 50 years, as a weaker yen helped stocks recoup earlier losses.

companyNews reuters.com

Japan insurer Sompo sees about $620 mln loss from Americas disasters

TOKYO, Oct 20 (Reuters) - Japanese insurer Sompo Holdings Inc estimated losses of about 70 billion yen ($620 million) as of Friday from payments related to natural disasters that occurred in August and September in the United States, Mexico and the Caribbean.

cnn.com

Japanese billionaire wants to invest $880b

environmentNews reuters.com

Typhoon bears down on Japan, will hinder voting in national election

TOKYO (Reuters) - Typhoon Lan with heavy rains and destructive winds is expected to hit southern Japan on Sunday when the nation holds a national election, forcing officials in Okinawa to stage voting a day early on some remote islands.

companyNews reuters.com

Nikkei in reach of best run of daily gains since 1961 on weaker yen, Abe hopes

TOKYO, Oct 20 (Reuters) - Japan's Nikkei share average edged up on Friday in choppy trade, in reach of posting its best daily winning streak in more than five decades, as a weaker yen helped stocks pare earlier losses.

Japan nytimes.com

Japan’s Young Workers Get a Lift, and Its Leaders Profit

Prime Minister Shinzo Abe stands to benefit in Sunday’s elections because wage growth and a tight job market have demoted the economy as a campaign issue.

businessNews reuters.com

Japan government wants to get actively involved in Kobe Steel issue: trade minister

TOKYO (Reuters) - The Japanese government wants to get actively involved in the issue of Kobe Steel's data fabrications, Hiroshige Seko, the minister of economy, trade and industry, said on Friday.

topNews reuters.com

Japan's Emperor Akihito likely to abdicate at end-March 2019: Asahi

TOKYO (Reuters) - Japan's Emperor Akihito is likely to abdicate at the end of March 2019 and Crown Prince Naruhito is expected to ascend the throne in April, the first abdication by a Japanese monarch in nearly two centuries, the Asahi newspaper reported on Friday.

businessNews reuters.com

Nissan's inappropriate inspections started at least 20 years ago: NHK

TOKYO (Reuters) - Inappropriate inspection practices at Nissan Motor Co had been going for at least 20 years, Japanese national broadcaster NHK reported on Friday, in a new revelation that could further roil Japan's second-biggest automaker.

cnn.com

Inside Japan's pimped up trucks

Junichi Tajima's truck looks like a kitsch hotel on wheels. An antique chandelier hangs from above, while the interior is lined with black velvet and embroidered with golden flowers.

companyNews reuters.com

UPDATE 2-Nissan to suspend domestic production of cars for Japan market

* Nissan, Kobe Steel scandals raise questions about Japan quality (Adds CEO comment, details on misconduct)

businessNews reuters.com

Nissan to suspend domestic production of cars for Japan market

TOKYO (Reuters) - Nissan Motor Co Ltd is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its inspection procedures that led to a major recall, it said on Thursday.

businessNews reuters.com

Stocks stumble off all-time highs, kiwi takes a dive

LONDON (Reuters) - World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's Dow index helped to offset nerves about Spain.

businessNews reuters.com

Japan carmakers vouch for safety of Kobe Steel's aluminum parts

TOKYO (Reuters) - Four Japanese automakers on Thursday said they found no safety issues with aluminum parts supplied by Kobe Steel Ltd , allaying some concerns that falsified quality data on products from the steelmaker had compromised their vehicles.

technologyNews reuters.com

Japan finance sector to reap digital currency benefits, says MUFG chief

TOKYO (Reuters) - The chief executive of Japan's largest bank expects new business opportunities to appear as digital currencies allow collection of data on how people use their money.

businessNews reuters.com

Nissan says to suspend all Japanese car production

YOKOHAMA (Reuters) - Nissan said on Thursday it was suspending all car production in Japan after finding that some final vehicle checks were still being carried out by uncertified inspectors at three of its plants.

worldNews reuters.com

U.S. carrier patrols off Korean peninsula in warning to Pyongyang

ABOARD USS RONALD REAGAN, Sea of Japan (Reuters) - The USS Ronald Reagan, a 100,000-ton nuclear powered aircraft carrier, patrolled in waters east of the Korean peninsula on Thursday, in a show of sea and air power designed to warn off North Korea from any military action.

environmentNews reuters.com

Earthquake of magnitude 6.1 strikes off southern Japan: USGS

SINGAPORE (Reuters) - An earthquake of magnitude 6.1 struck off southern Japan on Thursday, the United States Geological Survey said.

businessNews reuters.com

World stocks stumble after all-time high, kiwi takes a dive

LONDON (Reuters) - World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's Dow index helped to offset nerves in Spain.

businessNews reuters.com

Japan carmakers vouch for safety of some Kobe Steel parts; company future uncertain

TOKYO (Reuters) - Three Japanese automakers on Thursday said they found no safety issues with aluminum parts made by Kobe Steel Ltd, allaying some concerns that falsified quality data on products from the steelmaker had compromised their vehicles.

cnn.com

Did Japan just ban tattoo artists?

Black is a color you won't find on the walls of Ron Sugano's tattoo parlor in the upmarket Meguro district of south-west Tokyo, where quaint geometric houses line quiet streets.

topNews reuters.com

'Nowhere to hide': North Korean missiles spur anxiety in Japan fishing town

ERIMO, Japan (Reuters) - Ever since North Korea lobbed two missiles far above this windswept fishing town on Japan's northern island of Hokkaido, seaweed farmer Mitsuyo Kawamura says she's been on edge.

businessNews reuters.com

Toyota, other Japanese carmakers say hoods containing Kobe Steel aluminum are safe

TOKYO (Reuters) - Three Japanese automakers on Thursday confirmed the safety of aluminum components made by Kobe Steel Ltd, allaying some concerns that Kobe's falsified quality data had compromised the safety of the products.

businessNews reuters.com

Toshiba probed by Japan securities watchdog over results filing: source

TOKYO (Reuters) - Japan's securities watchdog is investigating Toshiba Corp's accounting in its latest earnings statement to see if it properly handled losses incurred by its U.S. nuclear unit, a source with knowledge of the matter said on Thursday.

businessNews reuters.com

Japan transport ministry considering checks of cars, trains using Kobe Steel products: Kyodo

TOKYO (Reuters) - Japan's transport ministry is considering convening a meeting to probe the safety of automobiles, trains and planes using products from scandal-hit Kobe Steel Ltd, Kyodo reported on Thursday.

businessNews reuters.com

Toshiba investigated by Japan's securities watchdog: source

TOKYO (Reuters) - Japan's securities watchdog is investigating Toshiba Corp's accounting practices for the last business year to see if it properly handled the losses incurred by its U.S. nuclear unit Westinghouse, a source familiar with the matter told Reuters.

sportsNews reuters.com

Tanaka lauded after pitching gem for Yankees

(Reuters) - Japanese pitcher Masahiro Tanaka maintained an aggressive mindset to pitch the New York Yankees within a victory of the World Series and a potential showdown with compatriot Yu Darvish.

technologyNews reuters.com

Toshiba investigated by Japan's securities watchdog: Nikkei

TOKYO (Reuters) - Japan's securities watchdog is investigating Toshiba Corp's accounting practices for the last business year to see if it properly handled the losses incurred by its U.S. nuclear unit Westinghouse, the Nikkei business daily reported on Thursday.

companyNews reuters.com

BRIEF-CME Group and Japan Exchange Group enter into agreement to launch Japanese YEN-denominated topix futures contract on CME ‍​

* CME Group and Japan Exchange Group enter into agreement to launch Japanese yen-denominated topix futures contract on cme ‍​ Source text for Eikon: Further company coverage:

companyNews reuters.com

Nippon Chemi-Con indicted over price-fixing -U.S. Justice Dept

WASHINGTON, Oct 18 (Reuters) - A federal grand jury indicted Japan's Nippon Chemi-Con Corp for its role in a wide-ranging and long-running conspiracy to fix prices for electrolytic capacitors sold to customers in the United States and elsewhere, the U.S. Justice Department said on Wednesday.

businessNews reuters.com

Europe's aviation agency advises against using Kobe Steel products

PARIS/TOKYO (Reuters) - Europe's aviation regulator has advised aircraft manufacturers to stop using parts supplied by Kobe Steel until their safety can be verified, following product data manipulation by the Japanese company.

companyNews reuters.com

BRIEF-Mitsubishi Tanabe Pharma completes purchase of NeuroDerm

Oct 18(Reuters) - Mitsubishi Tanabe Pharma Corp * Says it completed purchase of NeuroDerm Ltd * Purchase plan was announced on July 24 Source text in Japanese:https://goo.gl/LcG5Lm Further company coverage: (Beijing Headline News)

businessNews reuters.com

Kobe Steel to hold bidding for real estate unit on Friday: Bloomberg

TOKYO (Reuters) - Japanese steelmaker Kobe Steel Ltd , embroiled in a data falsification scandal that has roiled global supply chains, will hold a first round of bidding on Friday in the planned sale of a real estate unit, Bloomberg News reported on Wednesday.

companyNews reuters.com

Europe aviation agency advises suspending use of Kobe Steel products

PARIS, Oct 18 (Reuters) - Europe's aviation regulator has advised aircraft manufacturers to suspend using parts from Kobe Steel until their legitimacy can be proved, following revelations about data cheating at the Japanese company.

businessNews reuters.com

Mitsubishi Motors eyes 30 percent rise in vehicle sales in three years

TOKYO (Reuters) - Mitsubishi Motors Corp on Wednesday said it planned to boost revenue and annual car sales by 30 percent in the next three years and crank up R&D investment as the Japanese automaker expands its presence in Asia, the U.S. and China while it draws a line under last year's mileage cheating scandal.

worldNews reuters.com

Underdog center-left party may outperform expectations in Japan snap poll

TOKYO (Reuters) - A new center-left party pledging to bring "bottom up" democracy to Japan may prove the surprise success story of an election on Sunday, although the party is forecast to win a mere sliver of seats compared to Prime Minister Shinto Abe's ruling bloc.

worldNews reuters.com

Japan ruling coalition seen winning around two-thirds majority: Kyodo

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe's coalition is on track for a roughly two-thirds majority in Sunday's general election, a survey by Kyodo news agency showed, as its conservative rival led by Tokyo Governor Yuriko Koike appeared to lose momentum.

worldNews reuters.com

Japan Inc wants Abe election win, but smaller majority

TOKYO (Reuters) - Japanese companies overwhelmingly want Prime Minister Shinzo Abe's ruling coalition to stay in power in this Sunday's national election but about two-thirds want it to lose seats, a Reuters poll found.

cnn.com

Cancer drugs grown in chicken eggs may lower their cost

Researchers in Japan may have found a way to produce cheaper drugs that could be used to treat a range of diseases from chicken eggs.

lifestyleMolt reuters.com

'Vanishing village' looks to Japan's LDP for survival

NANMOKU, Japan (Reuters) - Chikara Imai, 73, is quick to dismiss the new parties in Sunday's national election in Japan, saying old ties with Prime Minister Shinzo Abe's Liberal Democratic Party is...

healthNews reuters.com

Japan's "Blade Library" offers joy of blade running to amputees

TOKYO (Reuters) - Haruta Saito, a young Japanese amputee who dreams of becoming a Paralympian, remembers strapping on a prosthetic "running blade" for the first time.

environmentNews reuters.com

Japan's Kansai Electric to scrap two aging nuke reactors: media

TOKYO (Reuters) - Japanese utility Kansai Electric Power Co is likely to decommission two aging reactors at Ohi nuclear plant because of the high costs meeting new safety standards set after the Fukushima disaster, the Nikkei business daily said on Tuesday.

worldNews reuters.com

Japanese PM Abe sends ritual offering to Yasukuni shrine for war dead

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe sent a ritual offering to the Yasukuni Shrine for war dead, seen in China and the two Koreas as a symbol of Japan's past militarism, to mark its annual autumn festival, the shrine said on Tuesday.

worldNews reuters.com

Trump to visit Asia Nov. 3-14, focus on North Korea, alliances

WASHINGTON (Reuters) - U.S. President Donald Trump will travel to Japan, South Korea, China, Vietnam, the Philippines and Hawaii between Nov. 3-14, the White House said on Monday, amid rising tensions over North Korea's nuclear and missile programs.

companyNews reuters.com

GLOBAL MARKETS-Asian shares conquer 10-year peak, commodities ride high on China

* MSCI Asia ex-Japan index hits 10-year high, Nikkei at 21-yr high

worldNews reuters.com

Japan ruling bloc heads for big election win despite voter distaste for PM Abe: poll

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe's ruling coalition is on track for a big win in Sunday's general election - even though almost half the country's voters don't want him to keep his job, a media survey showed on Monday.

businessNews reuters.com

Kobe Steel shares tumble to near five-year low as cheating crisis deepens

TOKYO (Reuters) - Shares of embattled Kobe Steel Ltd tumbled to their lowest level in nearly 5 years on Monday, as a cheating scandal at the Japanese steelmaker ensnared hundreds of firms and left investors fearing for the financial and legal fallout.

Elections nytimes.com

Op-Ed Contributor: The Death of Liberalism in Japan

Whatever happens in Sunday’s election, a new conservative two-party system has emerged.

Japan nytimes.com

To Court Workers, Japanese Firms Try Being More Gay-Friendly

A combination of evolving social attitudes and competition for talent is forcing companies in Japan to become more welcoming to gay employees.

companyNews reuters.com

UPDATE 1-U.S. steel stocks jump after Kobe Steel crisis deepens

Oct 13 (Reuters) - Shares of U.S. steelmakers jumped on Friday after Japan's Kobe Steel Ltd said the firm's data cheating may have spread beyond the country to affect about 500 companies, sparking global supply chain concerns.

companyNews reuters.com

UPDATE 1-Airbus says has not found suppliers affected by Kobe scandal

PARIS, Oct 13 (Reuters) - Europe's Airbus does not buy products directly from Japan's Kobe Steel but is investigating whether any of its suppliers have been affected by a cheating scandal at the Japanese group, an Airbus spokesman said.

companyNews reuters.com

Airbus says has not found any suppliers affected by Kobe scandal

PARIS, Oct 13 (Reuters) - Airbus does not buy products directly from Japan's Kobe Steel but is investigating whether any of its suppliers are affected by a cheating scandal, an Airbus spokesman said.

technologyNews reuters.com

Toshiba discussing joint investment in chips with Western Digital

YOKKAICHI, Japan (Reuters) - Toshiba Corp said it is discussing joint investment in a new chip production line with Western Digital Corp - its estranged business partner after the Japanese firm chose a different suitor to buy its $18 billion semiconductor business.

companyNews reuters.com

Toshiba discussing joint investment in chips with Western Digital's Sandisk

YOKKAICHI, Japan, Oct 13 (Reuters) - Toshiba Corp is discussing joint investment for a new memory product line at its Yokkaichi plant with Western Digital Corp's Sandisk, the head of the company's chip unit said on Friday.

companyNews reuters.com

UPDATE 1-Ford's China sales stuck in first gear as rivals overtake

* Japanese rivals have logged big gains, GM sales also stronger

businessNews reuters.com

Boeing passenger jets have falsely-certified Kobe Steel products: source

TOKYO (Reuters) - Boeing Co, the world's biggest maker of passenger jets, has used Kobe Steel products that include those falsely certified by the Japanese company, a source with knowledge of the matter told Reuters.

companyNews reuters.com

Boeing passenger jets have falsely-certified Kobe Steel products-source

TOKYO, Oct 13 (Reuters) - Boeing Co, the world's biggest maker of passenger jets, has used Kobe Steel products that include those falsely certified by the Japanese company, a source with knowledge of the matter told Reuters.

sportsNews reuters.com

Motorcycling: Nozane replaces stricken Folger for Japanese MotoGP

(Reuters) - Local rider Kohta Nozane will replace Jonas Folger for Sunday's Japanese MotoGP race at Motegi after the German suffered a mystery energy-sapping illness, the Tech3 Yamaha team said on Thursday.

politicsNews reuters.com

Japan to propose changes to beef import safeguards in talks with U.S.: sources

TOKYO (Reuters) - Japan will propose changes to its safeguard mechanism on frozen U.S. beef imports that will shorten review periods and allow importers to voluntarily lower import volumes to prevent tariffs from automatically kicking in, two government sources said on Thursday.

companyNews reuters.com

BRIEF-Karyopharm and Ono Pharmaceutical sign exclusive license agreement to develop and commercialize Selinexor and KPT-8602 in Japan and other countries in Asia

* Karyopharm and Ono Pharmaceutical Co. Ltd. sign exclusive license agreement to develop and commercialize Selinexor and KPT-8602 in Japan and other countries in Asia

businessNews reuters.com

Bain Capital leads the charge as Japan's private equity dealmaking picks up

HONG KONG/TOKYO (Reuters) - Bain Capital is planning on further ramping up its dealmaking in Japan after it came out on top in the recent battle to purchase Toshiba's semiconductors arm and as it bids to buy out Japan's third-largest advertising agency, Asatsu-DK (ADK).

businessNews reuters.com

Kobe Steel CEO says data-cheating may have spread beyond Japan as government orders probe

TOKYO (Reuters) - Kobe Steel's CEO said on Thursday the firm's data-fabrication may have spread beyond Japan, as he was ordered by the government to report on how the misconduct occurred and address safety concerns that have sparked a scare along global supply chains.

companyNews reuters.com

BRIEF-Japan's JERA to buy stake in gas-fired U.S. power project

Oct 12 (Reuters) - Japan's JERA Co, a fuel joint venture between Tokyo Electric Power and Chubu Electric Power :

companyNews reuters.com

Nikkei marks 21-year highs, catches lift from Wall St

TOKYO, Oct 12 (Reuters) - Japan's Nikkei share average scaled its loftiest peak in more than two decades on Thursday, hoisted by records on Wall Street that offset weakness in oil-related shares.

businessNews reuters.com

General Motors checking impact of Kobe Steel data cheating

DETROIT/TOKYO (Reuters) - General Motors is checking whether its cars contain falsely certified parts or components sourced from Japan's Kobe Steel <5406.T, the latest major automaker to be dragged into the cheating scandal.

companyNews reuters.com

Elliott again ups Hitachi Kokusai stake after KKR raises offer price

TOKYO, Oct 12 (Reuters) - U.S. hedge fund Elliott Management Corp has raised its stake in Japan's Hitachi Kokusai Electric to 8.59 percent from 7.11 percent, a regulatory filing showed on Thursday.

businessNews reuters.com

Toyota plans to halve Japan car models by 2025: source

TOKYO (Reuters) - Toyota Motor Corp is planning to halve the number of cars it sells in Japan to about 30 by 2025 as it consolidates its portfolio in the shrinking market to focus on more popular models, a source briefed on the matter told Reuters on Thursday.

businessNews reuters.com

General Motors checking impact of Kobe Steel data cheating: Kyodo

TOKYO (Reuters) - General Motors [GM.N] is checking whether its cars contain falsely certified parts or components sourced from Japan's Kobe Steel , Kyodo News reported on Thursday, the latest major automaker to be dragged into the cheating scandal.

companyNews reuters.com

General Motors checking impact of Kobe Steel data cheating-Kyodo

TOKYO, Oct 12 (Reuters) - General Motors is checking whether its cars contain falsely certified parts or components sourced from Japan's Kobe Steel, Kyodo News reported on Thursday, the latest major automaker to be dragged into the cheating scandal.

Japan nytimes.com

Personal Journeys: Seeking Solitude in Japan’s Mountain Monasteries

Koyasan is one of the premier destinations for Buddhist pilgrims in Japan. As its popularity peaks, can it still be enjoyed by a visitor seeking quietude?

companyNews reuters.com

India, Japan to team up to get more flexible LNG deals

* Indian cabinet approves proposal to sign cooperation memorandum

technologyNews reuters.com

Japan's MUFG to automate operations to free bankers for wealthy clients

TOKYO (Reuters) - Japan's Mitsubishi UFJ Financial Group Inc (MUFG) plans to automate 30 percent of operations at its core banking unit by 2024, using software robots and artificial intelligence for paperwork that would otherwise take 9,500 employees to process.

worldNews reuters.com

Japan PM's ruling bloc seen nearing 2/3 majority in Oct 22 lower house poll: Nikkei

TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe's ruling bloc could come close to keeping its two-thirds "super" majority in an Oct. 22 lower house election, defying some predictions of heavy losses and bolstering his grip on power, a survey published by the Nikkei business daily on Wednesday showed.

businessNews reuters.com

Kobe Steel crisis deepens as more data tampering revealed; shares tumble

TOKYO (Reuters) - Japan's Kobe Steel Ltd plunged deeper into crisis on Wednesday as fresh revelations showed data fabrication at the steelmaker was more widespread than initially thought, heightening a safety scare along the global supply chain.

technologyNews reuters.com

Uber, Ola's Indian legal woes put SoftBank's funding in firing line

NEW DELHI/SAN FRANCISCO (Reuters) - An Indian taxi company has stepped up its legal challenge against local competitor Ola and U.S. rival Uber, alleging the firms are abusing their market position, and believes that planned investments in both by Japan's SoftBank underscore its view.

environmentNews reuters.com

Japan sees growing signs of La Nina emerging as Pacific Ocean waters near equator cool

TOKYO (Reuters) - Japan's weather bureau projected on Wednesday that there are growing signs of a La Niña pattern emerging as sea water temperatures being monitored near the equator in the Pacific Ocean are now cooler than their benchmark levels.

companyNews reuters.com

Hitachi Kokusai says KKR raised offer price to 2,900 yen a share

TOKYO, Oct 11 (Reuters) - KKR & Co LP has raised its offer price for Hitachi Kokusai Electric Inc to 2,900 yen a share from 2,503 yen, the Japanese firm said on Wednesday, as the U.S. buyout firm revises terms deemed unsuitable for minority shareholders.

businessNews reuters.com

Kobe Steel crisis deepens on new revelations of data fabrications, shares dive

TOKYO (Reuters) - Japan's Kobe Steel Ltd plunged deeper into crisis on Wednesday as fresh revelations showed data fabrication at the steelmaker was more widespread than initially thought, heightening a safety scare along the global supply chain.

companyNews reuters.com

Nikkei notches 21-year closing high; Kobe Steel sinks for 2nd day

TOKYO, Oct 11 (Reuters) - Japan's Nikkei share index closed at its highest in 21 years on Wednesday, with gains mainly led by defensive shares, though exporters benefitted from solid global growth.

technologyNews reuters.com

India's Ola raises $1.1 billion in Tencent, SoftBank-led round, seeks another $1 billion

NEW DELHI (Reuters) - Indian ride-hailing firm Ola said on Wednesday it has raised $1.1 billion from investors led by China's Tencent Holdings and Japan's SoftBank Group and is in advanced talks with other investors for another $1 billion.

companyNews reuters.com

UPDATE 1-Japan's Q4 aluminium premium slides up to 21 pct from Q3 - sources

* Producers' initial proposals were at $100-110/T (Adds comments, details)

companyNews reuters.com

Nikkei edges closer to 21-year high; Kobe Steel stumbles 20 pct again

TOKYO, Oct 11 (Reuters) - Japan's Nikkei share average rose on Wednesday in choppy trade, edging closer to a 21-year high supported by buying in defensive stocks, while Kobe Steel extended its losses after confirming a media report that it fabricated data in iron power products.

worldNews reuters.com

U.S. flies bombers over Korean peninsula with South Korean, Japanese fighter jets

SEOUL (Reuters) - The U.S. military flew two Air Force B-1B Lancer bombers over the Korean peninsula in a show of force late on Tuesday amid high tensions over North Korea's nuclear and missile programs, South Korea's military said.

Kobe Steel Limited nytimes.com

Kobe Steel’s Falsified Data Is Another Blow to Japan’s Reputation

Employees altered inspection certificates to meet specifications, setting off a rush by Toyota, Boeing and others to see if they had used the raw materials.

companyNews reuters.com

BRIEF-Hyatt plans for joint Hyatt Centric, Hyatt House hotels in Japan

* HYATT ANNOUNCES PLANS FOR THE FIRST JOINT HYATT CENTRIC AND HYATT HOUSE HOTELS IN JAPAN