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The dollar was stuck in a narrow range around ¥100.40 in Tokyo trading on Thursday, as a wait-and-see mood spread ahead of a speech by U.S. Federal Reserve Chair Janet Yellen. At 5 p.m., the dollar stood at ¥100.41-41, up from ¥100.27-28 at the same time Wednesday. The euro was ...

Stocks retreated moderately on the Tokyo Stock Exchange on Thursday, dampened by a Wall Street setback overnight and position-adjustment selling prior to a speech by the chair of the U.S. Federal Reserve. The Nikkei average lost 41.35 points, or 0.25 percent, to end at 16,555.95. On Wednesday, it climbed 99.94 ...

Kenichiro Sasae, the Japanese ambassador to the U.S., says Tokyo has authorized $2 million to support a feasibility study on building a high-speed railway between Baltimore and Washington, D.C. Sasae made the announcement Wednesday after signing a memorandum of cooperation between Japan and Maryland with Gov. Larry Hogan. The agreement ...

Sony Music Entertainment (Japan) Inc. will start video service for virtual-reality devices as early as this year in partnership with U.S. content provider Little Star Media Inc., the Japanese firm said Wednesday. The new service’s content will include some 7,000 items of news and short dramas from Little Star as ...

Three years of so-called Abenomics, Prime Minister Shinzo Abe’s bold stimulus program, has failed to dislodge a deflationary mindset among businesses and consumers. As the world’s third-largest economy falters again — with a stronger yen gnawing at overseas profits and domestic consumption sapping companies’ confidence to invest or sufficiently raise ...

Japan’s ambition to lead in the development of floating wind turbines is facing stiff competition from rivals in Europe — most notably from France — as companies and governments press to lower costs and prove that the technology can rival other sources of clean energy. At the center of Japan’s ...

Miniature nuclear power plants could help solve Britain’s looming power crunch, rather than the delayed $24 billion Hinkley project, companies developing the technology say. Small modular reactors (SMRs) using current or new technology would be able to produce around a tenth of the electricity created by large-scale projects such as ...

The world’s first self-driving taxis will be picking up passengers in Singapore starting Thursday. Select members of the public will be able to hail a free ride through their smartphones in taxis operated by nuTonomy, an autonomous vehicle software startup. While multiple companies, including Google and Volvo, have been testing ...

PHILIPPINE President Rodrigo Duterte on Thursday released a "matrix" chart that he claims reveals Sen Leila de Lima's alleged links to the country's narcotics trade. The post Philippines: Duterte releases ‘matrix’ showing senator’s alleged drug ties appeared first on Asian Correspondent.

Apart from the current non-life insurance, it will develop agricultural, auto and life insurance.Vietnam's insurance sales see six-year high growth: data Singapore's life insurer Great Eastern exits Vietnam: report