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Japan urges Britain to keep ‘major role’ in EU

LONDON (Reuters) – Japan has added its voice to international calls for Britain to maintain a leading role in the European Union, saying that membership is a key advantage for companies looking to access Europe’s single market. British Prime Minister David Cam... More »

Honda aims to make Acura in China by 2016

BEIJING (Reuters) – Japan’s Honda Motor Co (7267.T ) is planning to produce Acura cars in China with a local partner starting in 2016, part of an effort to tap growing demand for upscale vehicles in the world’s biggest auto market. Honda said on Thursday it ha... More »

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China media accuses Japan PM of dangerous politics

BEIJING/TOKYO (Reuters) – Two of China’s top newspapers accused Japanese Prime Minister Shinzo Abe on Thursday of dangerous politics that could threaten regional security, as Tokyo warned Beijing not to expand gas exploration in disputed waters of the East Chi... More »

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BOJ stands pat, says economy starting to recover

TOKYO (Reuters) – The Bank of Japan said an economic recovery was underway as it kept monetary policy steady on Thursday, its most optimistic view in two-and-half years reflecting the positive impact of a weakening yen and its massive monetary stimulus on acti... More »

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As Japan PM Abe weighs labor reform, IBM emerges as test case

TOKYO (Reuters) – When 27-year IBM veteran Martin Jetter came to Tokyo last year, the new president of the technology giant’s Japanese arm had a radical idea: hold workers accountable for performance. Within months of Jetter’s arrival, IBM Japan fired a group ... More »

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Japan says faces increasing threats from China, North Korea

TOKYO (Reuters) – Japan faces increasingly serious threats to its security from an assertive China and an unpredictable North Korea, a defense ministry report said on Tuesday, as ruling politicians call for the military to beef up its ability to respond to suc... More »

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Panasonic to buy stake in Slovenia’s Gorenje

LJUBLJANA (Reuters) – Japanese consumer electronics firm Panasonic Corp will buy up to 13 percent of Gorenje, one of the biggest household appliance makers in Eastern Europe, as it aims to tap growing demand in the region. Panasonic is pulling away from unprof... More »

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Abe reforms take aim at Japan’s $1 trillion pension fund

TOKYO (Reuters) – Visitors to Japan’s public pension fund can’t miss signs of the low-cost, low-return culture that Prime Minister Shinzo Abe seems determined to change with a review of its operations that kicked off on Monday. There is no receptionist at the ... More »

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Apple applies to register ‘iWatch’ trademark in Japan

TOKYO (Reuters) – Apple Inc has applied for a trademark for “iWatch” in Japan, a patent official said on Monday, signaling the iPhone maker may be moving ahead with plans for a watch-like device as gadget makers turn their attention to wearable computers. The ... More »

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BOJ’s Kuroda: Markets will stabilize over time

TOKYO (Reuters) – Bank of Japan Governor Haruhiko Kuroda on Friday stressed that financial markets will likely stabilize over time, reflecting improvements in Japan’s economy. But Kuroda warned that uncertainty surrounding the world’s third-largest economy rem... More »

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Asian markets tense before Fed- Nikkei outperforms

LONDON (Reuters) – European shares edged higher and major currencies and commodities were little changed on Wednesday as investors awaited clarity on the U.S. Federal Reserve’s next policy step. Recent mixed data on the health of the U.S. economic recovery is ... More »

Japanese ad giant Dentsu enters Europe with Aegis

LONDON (Reuters) – Japanese ad giant Dentsu is buying marketing group Aegis for 3.2 billion pounds ($5 billion), the biggest deal in its history as it seeks to expand outside its home market with the British firm’s European and digital business. Revealing how ... More »

Dish lines up banks to finance Sprint bid: sources

NEW YORK (Reuters) – Dish Network Corp has lined up four banks to finance its $25.5 billion bid for Sprint Nextel Corp, escalating the bidding war against Japanese telecom company SoftBank Corp, according to two people familiar with the matter. Dish, run by bi... More »

Sprint sues Dish, Clearwire as key deadline looms

(Reuters) – Sprint Nextel Corp on Monday said it has sued Dish Network Corp to block its tender offer for Clearwire Corp, on the eve of a key deadline in a takeover battle that also includes Japanese mobile carrier SoftBank Corp. The lawsuit filed on Monday in... More »

G8 to say risks to economy lower, reforms needed: draft

LONDON (Reuters) – Leaders of the world’s richest nations are likely to say next week that they are not content with progress so far in fixing their economies after the financial crisis. A draft copy of the communique being prepared for leaders at a Group of E... More »

EU files WTO complaint over Chinese stainless steel duty

GENEVA (Reuters) – The European Union lodged a complaint at the World Trade Organization on Thursday against China’s imposition of anti-dumping duties on imports of stainless steel tubes, six months after Japan filed a similar case, the WTO said. The complaint... More »

Dish makes national security argument for Sprint offer

WASHINGTON (Reuters) – Dish Network Corp is asking regulators to suspend the review of the proposed acquisition of Sprint Nextel Corp to Japan’s SoftBank Corp, saying its own counter-bid would be preferable for national security reasons. Dish in the past has a... More »

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China readies to fight new bird flu- Japan, Hong Kong on guard

BEIJING (Reuters) – The death toll from a new strain of bird flu rose to five in China on Thursday as Beijing said it was mobilizing resources nationwide to combat the virus, Japan and Hong Kong stepped up vigilance and Vietnam banned imports of Chinese poultr... More »

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Roche says Japan approves new formulation of arthritis drug

ZURICH (Reuters) – Roche Holding AG’s Japanese subsidiary Chugai said on Monday that Japanese health regulators have approved a new formulation of its rheumatoid arthritis drug Actemra. Japanese regulators have approved a subcutaneous formulation of Actemra wh... More »

Super Wednesday for world’s central banks

LONDON (Reuters) – The Bank of Japan welcomes a new anti-deflation governor this week, the Bank of England might get a new pro-growth mandate and the Federal Reserve is likely to stick like glue to its aggressive bond-buying program. Together, the three events... More »

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U.S. extends waivers on Iran sanctions to 11 countries

WASHINGTON (Reuters) – The United States extended 180-day waivers on Iran sanctions to Japan and 10 European Union nations in exchange for their cutting purchases of the OPEC nation’s crude oil, Secretary of State John Kerry said on Wednesday. “Today’s determi... More »

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Japan tsunami stress may have brought on seizures: study

(Reuters) – The number of seizure patients in a northern Japanese fishing community devastated by the March 11, 2011 tsunami spiked in the weeks following the disaster, according to a Japanese study. The study, published in the journal Epilepsia, looked at 440... More »

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Euro zone surveys to offer hope as Japan eases

LONDON (Reuters) – The prospect of stronger European manufacturing surveys and decisive monetary easing in Japan this week ought to bolster confidence that the global economy can look forward to better days. It is definitely not yet time to break open the cham... More »

Germany’s Schaeuble says debt reduction is global task

BERLIN (Reuters) – The United States and Japan must share responsibility with Europe for ensuring global economic stability, German Finance Minister Wolfgang Schaeuble said, signaling that a G20 meeting this weekend should not focus solely on the euro zone cri... More »

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Japan factory output hits 15-month low, raises risk of recession

TOKYO (Reuters) – Japan’s industrial output fell to a 15-month low in August, hit by sagging sales in its top export market China and confidence-sapping euro zone crisis, fuelling concerns that the world’s third-largest economy could slip into recession later ... More »