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Star Mica Co., a Tokyo-listed real-estate company founded by an ex-Goldman Sachs Group Inc. banker, plans to double returns from apartments, using Airbnb to house foreign tourists. The company owns about 2,500 apartments mostly in Tokyo, and is considering renting some of them to overseas visitors from as early as ...

Construction and mining equipment manufacturer Komatsu Ltd., which last week made a $2.89 billion offer for Joy Global Inc., said first-quarter profit fell 52 percent as demand languished in markets such as the Middle East and Indonesia and the stronger yen crimped overseas revenue. Net income fell to ¥15.6 billion ...

U.S. dollar, euro, yuan and yen coins can be changed into 12 kinds of electronic money, including those used by Facebook and Skype. The post Narita installs currency machine to convert travelers’ coins into e-cash appeared first on The Japan Times.

East Asia, which imports more liquefied natural gas than any other region of the world, is preparing to receive its first supplies from America’s shale bounty. A tanker that loaded LNG at Cheniere Energy Inc.’s export terminal in Louisiana is bound for the Far East, according to an official at ...

SoftBank Group Corp.’s first-quarter profit rose 19 percent as proceeds from selling part of its stake in Alibaba Group Holding Ltd. helped offset losses at Sprint Corp. Net income at the carrier rose to ¥254.2 billion in the three months ended June 30, the Tokyo-based company reported Thursday. SoftBank’s operating ...

Toyota Motor Corp. lagged Volkswagen AG by global deliveries in the first half of the year, as demand for the newly redesigned Prius hybrid slumped in a U.S. market dominated by trucks and sport utility vehicles. Worldwide deliveries fell 0.6 percent to 4.99 million vehicles in the six months through ...

Stocks fell on the Tokyo Stock Exchange on Thursday prior to a monetary policy decision by the Bank of Japan on Friday. The Nikkei average lost 187.98 points, or 1.13 percent, to end at 16,476.84. On Wednesday it jumped 281.78 points. The Topix index was down 14.67 points, or 1.11 ...

Mitsubishi Motors Corp. said it suffered a group net loss of ¥129.72 billion in the April-June quarter, against profit of ¥23.99 billion a year before, due partly to costs related to its fuel efficiency scandal. In the first quarter of fiscal 2016, Mitsubishi Motors booked a special loss of ¥125.9 ...

S&P delivers verdict as Bahrain, Oman, and Saudi Arabia are sets to see average fiscal deficits of 12% of GDP per year in 2016 and 2017

  New FDI pledges in the period surged 46.9 percent from a year ago to $12.9 billion,With or without U.S.-led trade pact, Vietnam forging aheadHo Chi Minh City’s FDI pledges fall 65 pct in Jan-JulVietnam posts nearly $1.7 billion trade surplus in H1