Struggling Japanese electronics maker Sharp Corp. plans to raise about 100 billion yen through a public stock offering to repay part of 200 billion yen in convertible debt due in September, sources close to the matter said Tuesday.
The Japanese government said Tuesday it will build a research facility for decommissioning reactors at the Fukushima Daiichi power plant in the town of Naraha, some 25 kilometers south of the crippled nuclear power plant.
Apple has issued an apology to Chinese consumers after government media attacked its repair policies for two weeks in a campaign that reeked of economic nationalism. A statement posted in Chinese to Apple's website on Monday said the complaints had prompted "deep reflection" and persuaded the company of the need to revamp its repair policies, boost communication with Chinese consumers and strengthen oversight of authorized resellers.
China, Japan and South Korea are inching ahead with talks for a free trade zone that would rival the European Union and North America in economic heft. Despite the achievement of setting aside their often acrimonious relations to begin negotiations, progress will be slow. An agreement to start talks took 10 years.
The U.S. has taken its first real swipe at China following accusations that the Beijing government is behind a widespread and systemic hacking campaign targeting U.S. businesses.Buried in a spending bill signed by President Barack Obama on Tuesday...
Japanese government regulators said Wednesday that for the first time they will conduct their own investigation into the country's nuclear crisis to address key unanswered questions. The March 2011 earthquake and tsunami cut power and destroyed vital cooling systems at the Fukushima Dai-chi nuclear plant, causing meltdowns at three of its reactors.
Websites and organizations run by North Korean defectors in South Korea say they have suffered cyberattacks, one week after computer systems at some South Korean banks and TV networks were widely disrupted.
Kansai Electric plans to use plutonium-uranium mixed oxide fuel, known as MOX, in so-called pluthermal power generation at its Takahama plant from around the fall of 2014, industry sources said Tuesday. The Osaka-based utility firm included the plan in its earlier application for government permission to raise household electricity rates, the sources said.
The president of struggling Renesas Electronics Corp. said Thursday that the chipmaker is in talks with overseas companies on selling its loss-making mobile device chip operations as part of efforts to streamline its business.
Tokyo Metro Co., the larger of the two subway operators in Tokyo, said it will make mobile phone services available in trains on all its nine lines at noon Thursday. While cell phone services in trains have been progressively introduced since March last year, the remaining segments on Ginza and Marunouchi lines will go mobile friendly on Thursday.
Tokyo Electric is considering spending tens of billions of yen more to ensure the safety of its Kashiwazaki-Kariwa nuclear plant on Japan's northwest coast, which it is aiming to restart in fiscal 2013, sources familiar with the matter said Friday.
North Korea on Friday blamed South Korea and the United States for cyberattacks that temporarily shut down websites this week at a time of elevated tensions over the North's nuclear ambitions. Experts, however, indicated it could take months to determine what happened and one analyst suggested hackers in China were a more likely culprit.
A third-party panel concluded Wednesday that Tokyo Electric Power Co. did not intentionally provide erroneous information to a Diet-appointed committee tasked to investigate the 2011 accident at the utility's Fukushima Daiichi nuclear power plant.
China offered on Tuesday to talk with the United States about cyber security amid an escalating war of words between the two sides on computer hacking, but suspicion is as deep in Beijing as it is in Washington about the accusations and counter-accusations.
Tens of thousands of Taiwanese have protested to demand that the government scrap a $10 billion nuclear power plant that is nearly complete and slated to begin operating in two years.
Cisco Systems plans to establish two network training centers in Myanmar, as global technology companies begin to move into one of the least-connected places on Earth. The announcement Thursday came on the heels of a USAID-sponsored delegation of executives from Cisco, Google, HP, Intel and Microsoft to the fast-opening country.
Sharp has decided to accept investment from South Korean rival Samsung as the struggling Japanese electronics maker seeks to rebuild its business. When the capital and business tie-up was announced on Wednesday evening, Sharp officials did not hold a press conference or contract-signing ceremony, repeating the lack of fanfare...
Technical consumer goods in Indonesia, Malaysia and Thailand continue to expand in the fourth consecutive quarter of 2012, making them the three fastest growing markets in the region with their robust growth of 15, 15 and 12 percent respectively in the full year of 2012.
None of Japan's nuclear power plants that have been halted since the nuclear crisis triggered by the March 2011 earthquake and tsunami are likely to restart operations within the year as safety checks under new standards are not expected to be completed, a Kyodo News survey of utilities showed Sunday.
Chugoku Electric Power Co. and Electric Power Development Co. held a ceremony Friday to launch the construction of a prototype plant for a new coal-fired power generation method in Hiroshima Prefecture. Through trials due to begin in March 2017 at the facility on Osakikami Island, the two companies will seek to generate more power in a more eco-friendly way.
December is usually boom time for manufacturers and retailers as consumers shop and buy more than the usual month, thanks to the year-end festivities. Latest GfK report for Technical Consumer Goods in Singapore revealed record breaking sales for a number of key categories...
Japanese utility Chubu Electric Power Co. said Tuesday it will start its first overseas solar power generation project in Thailand, as part of efforts to expand profit by entering emerging foreign markets. Chubu Electric said it has acquired a 49 percent stake in Gunkul Powergen Co., the operator of six solar power plants in Thailand...
(Reuters) - India will launch its first mission to Mars this year, President Pranab Mukherjee said on Thursday, as the emerging Asian nation looks to play catch up in the global space race alongside the United States, Russia and its giant neighbor China.
Accusations by a U.S. computer security company that a secretive Chinese military unit is likely behind a series of hacking attacks are scientifically flawed and hence unreliable, China's Defense Ministry said on Wednesday.
The White House will tackle the theft of U.S. trade secrets on Wednesday with a new strategy to protect American companies from losing hundreds of billions of dollars in an area of growing concern in relations with China.