Japan

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Japanese Firm Buys Lehman's Asian Assets

Nomura Holdings wins auction to pay $225M

(Newser) - Japan’s Nomura Holdings won an auction to buy bankrupt Lehman Brothers’ Asian assets for $225 million, the Wall Street Journal reports. Healthy Japanese firms like Nomura are pouncing on the Wall Street crisis as a means to expand. Lehman has 2,940 workers in the region, where the company...

Stocks Rally Strong on Fannie, Freddie Takeover

Europe, Japan, US futures see market surge

(Newser) - European and Japanese stocks saw their biggest surge since January and US futures climbed amid news of the Treasury Department’s plan to take charge of Fannie Mae and Freddie Mac, Bloomberg reports. Europe's UBS AG, pounded by subprime losses, and Japan’s Mizuho Financial Group, its biggest bank by...

WWE Comes Out Swinging in Japan

Wrestling giant opens Japanese office to compete in key Asian market

(Newser) - Move over, sumo. WWE is pushing hard into Japan, tailoring its blend of sport and spectacle to this key Asian market, AP reports. The company opened a Japanese office this year—its only overseas outpost devoted to a single country—and now 35,000 Japanese users subscribe to WWE’s...

Sony Recalls 440K Vaios
 Sony Recalls 440K Vaios 
Sep 4, 2008 8:55 AM CDT

Sony Recalls 440K Vaios

The TZ model may have bad wiring at the hinge and could overheat and wear quickly

(Newser) - Sony is recalling 440,000 Vaio laptops worldwide due to a wiring flaw that could cause overheating in 19 models of its TZ series manufactured between May 2007 and July 2008. The company said today that improperly placed wires near the hinge connecting the body of the laptop and its...

Whale Meat Makes Comeback in Iceland

Sellers aim to introduce dish to youth market

(Newser) - Illegal for two decades, whale meat is back on menus in Iceland, and entrepreneurs are hoping to turn young people on to its charms, the Wall Street Journal reports. The food is reminiscent of beef, but costs only half as much—perhaps a mark in its favor for the young....

Ex-Foreign Minister Leads Race to Be Japanese PM

Aso seen as best shot at reuniting split party

(Newser) - Former foreign minister Taro Aso is on course to become Japan's third prime minister in 12 months, Reuters reports. The onetime Olympic sharpshooter says he's the right candidate to take the helm of the Liberal Democratic Party following yesterday's abrupt resignation of Yasuo Fukuda in the face of a political...

Japanese PM Resigns
 Japanese PM Resigns
Sep 1, 2008 11:42 AM CDT

Japanese PM Resigns

Fukuda hopes move will clear parliamentary gridlock

(Newser) - Yasuo Fukuda has resigned as Japan’s prime minister, the AP reports. Fukuda said he was stepping down to ensure that a special session of parliament to address the economy runs smoothly. Fukuda, whose approval rating is at 29% after less than a year in office, has presided over a...

Japanese Women Dodge Men ISO Mommies, Stay Single

Plunging birth rate causes national alarm

(Newser) - "WANTED: Female to cook, clean, wash my socks, bear and raise my children, and generally enable my workaholism—all while maintaining your own career in a sexist environment." Sound good? Given the choice, many Japanese women are saying to heck with marriage and staying single, reports the Washington ...

Wagyu: 'the Hummer of Beef'
 Wagyu: 'the Hummer of Beef'
GLOSSIES
Aug 25, 2008 7:41 PM CDT

Wagyu: 'the Hummer of Beef'

Esquire taste tests extravagant $130-per-pound meat

(Newser) - Wagyu beef, a Japanese tradition catching on in the US, uses cows “bred so that fat corrupts the striations of every muscle,” Tom Junod writes in Esquire. After sampling some at $130 per pound, Junod ponders how Americans can be attracted to such excess. Despite America's ecological awakening,...

China Overtakes US as Top Market for Japan Goods

Exports to US from Japan fall for 11th consecutive month

(Newser) - China imported $11.8 billion in Japanese goods in July, MarketWatch reports, barely surpassing the US as the world’s largest importer of products and services from Japan for the first time. The 11.5% drop in shipments to the US was the 11th consecutive month of declines; exports to...

Japan Upsets US for Softball Gold
 Japan Upsets US
 for Softball Gold
Olympics
Aug 21, 2008 9:43 AM CDT

Japan Upsets US for Softball Gold

Americans denied top prize for first time since sport's Olympic debut in 1996

(Newser) - The US softball team was denied a chance for a fourth consecutive Olympic gold medal today, beaten 3-1 by Japan in the sport's last appearance in the Olympics for at least 8 years. Japanese pitcher Yukiko Ueno shut down an American squad that ruled the sport since its Olympic debut...

Startup Goes After Nintendo Over Patents

It claims the Wii uses stolen motion-sensing technology

(Newser) - A Maryland tech firm claims that Nintendo stole some of its technology for the popular Wii console, the Wall Street Journal reports. Hillcrest Laboratories filed a complaint with the US International Trade Commission, alleging that Nintendo infringed on patents for motion-sensing technology. It wants to ban Wii consoles from being...

Overheated iPods Blamed for Fires

Japanese trade ministry points to defective batteries

(Newser) - Japan’s trade ministry says iPod nanos are to blame for three fires, Reuters reports. The Japanese government suspects defective battery cells could be the cause of the fires, which left individuals with minor burns. A product safety commission will investigate the incidents with Apple’s cooperation.

World's 10 Sexiest Hotels
 World's 10 Sexiest Hotels
Aug 9, 2008 6:32 PM CDT

World's 10 Sexiest Hotels

From spaceage to Japanese traditional, these rooms ooze appeal

(Newser) - Hotels can inspire us to do more than order room service and watch TV—or so Bill Tikos reports, in his London Times list of the planet’s 10 sexiest hotels:
  • Hotel Puerta America, Madrid: A private terrace with flowers and lemon trees creates a uniquely intimate ambience.
  • Bay of
...

Bomb Threat Forces Back China-Bound Plane

Japanese authorities believe threat to Air China is Olympics-related

(Newser) - A bomb threat emailed to Air China's Tokyo offices today forced a Shanghai-bound passenger jet to make an emergency return to Japan, reports AP. Four other flights were delayed. The email threatened to "bomb the aircraft" if fllghts were not suspended, according to a transport offical. "We suspect...

Japan Warned of Nuclear Leak from US Sub

But radioactivity level is nothing to worry about, says Navy

(Newser) - The US Navy has warned Japan that a small amount of radiation may have leaked from an American nuclear submarine during its recent visits to two southern ports. The US said the amount of radioactivity was negligible, but the news could cause a stir in Japan, where both the US...

Japan Cools Down with Fizzy Eel Energy Drink

Yellow-colored beverage made from head and bone extracts

(Newser) - A new fizzy, yellow-colored canned drink is hitting shelves in Japan this month, and it contains an unusual ingredient—eel. Unagi Nobori, or "Surging Eel," is made from the extracts from the head and bones of eel and five vitamins. "It's mainly for men who are exhausted...

NASCAR Fans Sneer at Toyota
 NASCAR Fans Sneer at Toyota 
Jul 24, 2008 9:51 AM CDT

NASCAR Fans Sneer at Toyota

Japanese automaker's success comes as American firms are in slump

(Newser) - In an effort to curry favor with millions of American NASCAR fans, Toyota joined the league’s top circuit 2 years ago, but fans aren’t warming to the Japanese automaker, the Wall Street Journal reports. Many fans felt betrayed last year when champion racer Kyle Busch traded in his...

Japan Quake Injures Dozens
 Japan Quake Injures Dozens 
Jul 24, 2008 2:34 AM CDT

Japan Quake Injures Dozens

6.8 quake collapses buildings 300 miles north of Tokyo

(Newser) - A powerful earthquake jolted north-central Japan early today, injuring over 100 people, according to initial reports. The 6.8 quake collapsed 31 buildings on Japan's main Honshu island, according to CNN. Thousands of homes lost power in a blackout and landslides cut off key roads Officals have warned of aftershocks...

Japanese iPhone Deters Perverts

 Japanese iPhone
 Deters Perverts 
Jul 22, 2008 11:10 AM CDT

Japanese iPhone Deters Perverts

Loud 'shutter' sound cannot be disabled

(Newser) - The Japanese version of the iPhone 3G has one small difference from those sold elsewhere: the “shutter” sound it makes when the camera snaps a photo is always on, even when the phone is in silent mode, the Cult of Mac reports. The conspicuous sound is intended to discourage...

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