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Sony said Tuesday it will pay Michael Jackson’s estate $750 million for the late pop star’s share of a music venture that owns the rights to songs by some of the biggest names in music history. The deal will see the Japanese firm pick up Jackson’s 50 percent stake in ...

Major Japanese trading houses are expanding their operations in Myanmar ahead of the incoming government lead by Aung San Suu Kyi at the end of this month. Mitsui & Co. and Marubeni Corp. both have launched projects to produce agricultural fertilizers locally, while Mitsubishi Corp., Itochu Corp. and Sumitomo Corp. ...

The European Bank for Reconstruction and Development has opened a new representative office in Tokyo to boost ties with Japanese firms and attract private-sector investment to regions it supports. “I do believe we can do a lot more together with our Japanese friends,” EBRD President Suma Chakrabarti said at the ...

Sony said Monday its Internet-based television service aimed at luring consumers away from cable subscriptions was being expanded to the entire U.S. market. The PlayStation Vue will offer streamlined “bundles” for as little as $30 a month without long-term contracts. The network, launched in a handful of U.S. cities a ...

The nation’s negative interest rates are boosting demand for gold, according to its biggest bullion retailer. International prices have rallied 18 percent this year as investors seek a haven from financial market turmoil. For individual investors, the Bank of Japan’s surprise move in January is adding to gold’s allure, according ...

The market for toothpastes, shampoos and other items for daily use is expanding, reflecting increased demand for high-end products and purchases for personal, rather than family, use. Sales of toothpaste totaled ¥113.6 billion in 2014, up about 10 percent from the previous year, according to Euromonitor International Ltd., a London-based ...

A Japanese executive who became infatuated with Latin America while visiting as a student is striving to promote travel and business ties between his home country and the region, after founding a Tokyo-based company to achieve his goal. Takeshi Nishigawa, 27, president of Tokyo Divertido Inc., traveled the world as ...

Hussain Al Nowais says banks were showing increased willingness to support SMEs last year

Australia’s largest dairy business yesterday announced the signing of two major contracts for China and Indonesia.

Japan central bank downgrades view of economy but keeps policy steady