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Prime Minister Shinzo Abe ordered economic revitalization minister Nobuteru Ishihara on Tuesday to draft a range of economic measures to bust deflation and raise Japan’s growth potential, including with a supplementary budget for fiscal 2016. The government will submit the budget draft for fiscal 2016 to an extraordinary Diet session ...

Trading house Mitsubishi Corp. and real estate developer Mitsubishi Estate Co. said Tuesday they will join an urban development project in Yangon, Myanmar’s largest city. They will implement the project in collaboration with major Myanmar conglomerate Serge Pun & Associates Ltd. Group, or the SPA Group. The cost is expected ...

The dollar rose above ¥103 in Tokyo trading on Tuesday, lifted by higher stock prices. At 5 p.m., it stood at ¥103.01-01, up from ¥101.89-89 at the same time Monday. The euro was at $1.1109-1110, up from $1.1025-1026, and at ¥114.43-50, up from ¥112.34-35. After moving around ¥102.60-70 in early ...

Mitsubishi Heavy Industries Ltd. on Tuesday unveiled a robot that can operate in the presence of flammable gases, such as after a gas leak following a disaster. A joint project with Chiba Institute of Technology, the Sakura No. 2 is the country’s first mobile inspection unit that can operate in ...

Wholesale prices fell 4.2 percent in June from a year earlier for a 15th straight month of decline, impacted by falling crude oil and commodity prices, as well as a strong yen, Bank of Japan data showed Tuesday. The index of corporate goods prices stood at 99.2 against the 2010 ...

Honda Motor Co. said it is introducing a motor for hybrid vehicles that will not need heavy rare earth minerals, as the nation’s carmakers look to circumvent sourcing the materials from China. Magnets developed by Daido Steel Co. without heavy rare earth minerals will be used starting with the Freed ...

Less than three weeks before the Bank of Japan’s next scheduled policy meeting, Gov. Haruhiko Kuroda met with former Federal Reserve Chairman Ben S. Bernanke over lunch on Monday. The BOJ issued no statement on the substance of the talks, which come as the central bank confronts a fresh strengthening ...

Stocks climbed on the Tokyo Stock Exchange on Tuesday as the yen eased, lifting the Nikkei average to a three-week closing high above 16,000. The Nikkei jumped 386.83 points, or 2.46 percent, to end at 16,095.65, its first finish above 16,000 since June 23, the day before the market was ...

Mitsubishi Aircraft Corp., the maker of Japan’s first passenger jet, said Monday it has won an order to deliver up to 20 units of the Mitsubishi Regional Jet to Rockton AB, a regional aircraft leasing company in Sweden. The deliveries will begin in 2020. The jet maker said the Swedish ...

Just as text messaging has become a mainstream form of communication, attention is shifting to the chatbot as the next big thing for information management and customer service. Chatbots are computer programs that interpret human speech or written inquiries and decide which information is being sought. Although chatbots have been ...