Japan

Japan's Economy Shrinks for the 3rd Quarter This Year as Exports Plummet

Japan's economy shrank from July to September, ending two-quarters of growth fueled by exports and tepid consumption.

Japanese minister agrees to contribute information on developments with Toshiba

The Westinghouse sale represents the latest in a series of steps Toshiba plans on undertaking to deal with the losses coming from the nuclear unit's ill-fated purchase of a US nuclear power plant construction company in 2015.

Japan and Airbus welcome new agreement on industrial partnerships

Airline company Airbus welcomes new agreement on industrial partnerships with Japan.

Deflation in steel, other commodities dent Japan's export basket

Japan's exports were badly hit by the steep drop in steel prices and other commodities. The world's third largest economy's exports fell 12.9 percent on the year in January to Yen 5.35 trillion ($47.12 billion), while the imports also fell 18 percent.

Panama Will Use Japan Technology to Build Central America's First Monorail This Year

The project could start as soon as this year and is estimated to be completed in 2022. The transportation project would established Central America's first monorail.

Resolution on Comfort Women May Benefit Japan, Korea and the Region

Resolution between South Korea and Japan regarding comfort women last Monday may benefit trade and security in the region.

Panasonic to acquire US refrigeration firm Hussmann for $1.5 billion

Japanese electronics maker Panasonic announced it has agreed to buy the U.S. refrigeration firm Hussmann in a $1.54 billion deal. The deal is expected to close in April 2016.

McDonald's Japan Shares Plunge After Report That US Parent Company May Sell Stake

McDonald fell the most in almost five years after a report that says the American fast food chain was looking for investors to offload its stake in the Japanese that's struggling to recover from a series of food scandals. McDonald's Corp., the U.S. parent company, is reportedly looking to gain about 100 billion yen ($825 million) and has asked potential buyers to respond by mid-January.

Biannual International Robot Exhibition Updates: Robots taking over humans?

At the Biannual International Robot Exhibition in Tokyo, there were 450 companies that introduced various kind of robots for different kinds of purposes. There were a few that will be able to help in areas where humans can not go.

Japan's Womenomics Goals Downgraded

Japan's gender equality bureau has downgraded their goal of women in senior positions form 30% to 7%.

Generic Drug Sale widens in Japan as Takeda and Teva join hands

Teva pharmaceuticals which is said to be the world's largest generic drug maker has joined hands with Takeda Pharmaceutical Co, for a definitive agreement to sell generic drugs in Japan.

Five Years for a Second Chance: Japan's Akatsuki Probe Attempts Venus Again

Japan Aeropsace Exploration Agency's Akatsuki probe has a second attempt to enter orbit around Venus after failing the first time five years ago.

Japan's aroma sensing developer, Aroma Bit, hired two influential advisors

Japanese startup aroma sensor developer Aroma Bit has appointed Batara Eto and Atsushi Tanaka as its advisors.

Robots to do half of the jobs in Japan by 2035

According to data analysts Nomura Research Institute (NRI), 49 percent of the jobs in Japan will be automated and replaced by robots by 2035.

The Japan's wearable 'walkie-talkie' changes the way we experience outdoor sports

The Japan's wearable walkie-talkie Bonx enables group of people to communicate when involved in outdoor activities. The communication is through Bluetooth, which scans the surrounding Bluetooth users. It is easy to use the device with just two buttons, which can be easily pressed with gloves.

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