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.
Sony Computer Entertainment Inc. said Monday it will lower the Japanese retail price of its PlayStation Vita game console from Feb. 28. The prices of the 3G/Wi-Fi model and Wi-Fi model, which are currently available at 29,980 yen and 24,980 yen, respectively, will be both reduced to 19,980 yen, Sony Corp.'s gaming unit said.
The rising affluence of contrasting ends of consumers is stimulating sales of major domestic appliances in Southeast Asia. This mix in consumer development has grown the total market worth of the washers, air-conditioners, refrigerators and microwave ovens by a healthy 13 percent in 2012 over the previous year.
Tokyo Electric Power Co. launched a tender Friday to choose new suppliers of electricity generated by coal-fired thermal plants, despite a call by the government to postpone it due to concerns about global warming.
Kansai Electric Power Co. and trading house Sumitomo Corp. said Friday they will jointly acquire a coal-fired power plant in Australia to participate in power business in the country. The Japanese firms will buy all shares of the Bluewaters power stations with a total output of 416,000 kilowatts...
North Korea's underground nuclear test shows it is making big strides toward becoming a true nuclear power. But the test may also reveal key clues the secretive nation might have hoped to hide about how close, or how far away, it is from fielding a nuclear weapon capable of striking the United States or its allies.
North Korea's third nuclear test, carried out Tuesday, apparently reflects the country's intention to push the United States back into direct negotiations with it in an attempt to ensure security guarantees and recognition of the regime of leader Kim Jong Un from Washington, which Pyongyang calls its "sworn enemy."
Japan's trade and industry minister Toshimitsu Motegi on Saturday proposed providing Saudi Arabia with a range of assistance for the construction of nuclear power plants. The vice head of King Abdullah City for Atomic and Renewable Energy, Waleed Hussain Abulfaraj, Motegi suggested that the two countries sign a document to that end at an early date.
In one of the biggest business stories of this still-young year, the Dutch manufacturing company Philips recently announced the sale of its long-running consumer electronics division to the Japanese company Funai Electric. The news of the sale was an immediate hit with investors; Philips' stock values rose by two percent overnight.
Struggling Japanese chipmaker Renesas Electronics Corp. on Friday widened its fiscal 2012 group net loss projection to 176 billion yen from an earlier 150 billion yen due to sluggish chip demand amid the stagnant global economy.
Sony Corp. on Thursday reported a group net loss of 50.87 billion yen in the April to December period, compared to a wider loss of 201.45 billion yen a year earlier, and retained its outlook to return to profitability for the full year through March, reflecting the effects of restructuring efforts and the weakening yen.