Japan

McDonald's Japan apologizes after tooth, plastic found in food

McDonald's Japan (2702.T) has apologized to customers and vowed to ensure product safety after objects including a tooth and plastic were found recently in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french fries.


Airlines bid to take Tokyo airport slot from Delta Air Lines

American Airlines and Hawaiian Airlines formally launched bids Monday to wrest control of a key slot in Tokyo's Haneda Airport from Delta Air Lines as part of a fight among the carriers to stake out a greater presence in Asia.

Sony PlayStation 4 sales top 18.5 million units worldwide

Sony Corp (6758.T) on Tuesday said sales of its PlayStation 4 video game consoles exceeded 18.5 million units as of Jan. 4, up from 13.5 million at the end of October, showing solid holiday demand and a bright spot for a company recovering from a massive cyber-attack.

Japan December final manufacturing PMI shows sustained growth

Japanese manufacturing activity showed sustained growth in December, a survey showed on Monday, suggesting domestic demand continues to recover after the economy fell into a surprise recession last year.


Latest News

Government-owned Japan Post Holdings Co Ltd [IPO-JAPP.T] said it plans to list in the second half of the next business year and its bank and insurance units will go public at the same time, in what could be the biggest IPO of Japanese state enterprises in two decades.
Toshiba Corp will decide during the next business year from April on where to build an additional memory chip plant and will consider overseas locations for the facility, Chief Executive Hisao Tanaka said on Friday.
The dollar edged up against the yen on Friday in light bargain-hunting following two sessions of losses, with some markets slowly getting into gear after the Christmas holiday.
Japan aims to give a quick boost to lagging regional economies and low-income households with subsidies, merchandise vouchers and other schemes in a $29 billion stimulus package aimed at rejuvenating a two-year reflationary effort, a draft of the plan showed.
Japan, fearing it could be a soft target for possible North Korean cyberattacks in the escalating row over the Sony Pictures hack, has begun working to ensure basic infrastructure is safe and to formulate its diplomatic response, officials said.
Fuji Heavy Industries (7270.T), the maker of Subaru brand cars and SUVs, has scrapped a plan to shift production of the new XV Crosstrek to its U.S. plant and will instead make the SUV in Japan, a source familiar with the company's production plans said.
Sumitomo Mitsui Banking Corp (SMBC) will buy Citigroup Inc's (C.N) Japanese retail banking operations in October for about 40 billion yen ($330 million), people with knowledge of the matter said on Wednesday.
Japanese stocks rallied and the dollar stood tall on Wednesday thanks to surprisingly robust U.S. economic growth, helping investors head into the Christmas holidays in a more relaxed mood after the global markets turbulence of the past two weeks.
Air bag maker Takata Corp (7312.T) has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company executive told the Nikkei newspaper.
A Japanese lingerie maker is recalling more than 20,000 brassieres after complaints that underwires suddenly poked out, sometimes while women were wearing them.
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