Business

TOKYO (Nikkei)--United Arrows Ltd. (7606), which runs a chain fashion specialty shops, has reached a turning point under its new president, Mitsuhiro Takeda.

TOKYO (Nikkei)--Over the last decade, Japanese consumer electronics makers gradually lost their retail pricing power as large chain stores flexed their muscles.

TOKYO (NQN)--Inpex Corp. (1605) said Wednesday it will transfer some of its stake in a natural gas field development project off the western coast of Australia to Chubu Electric Power Co. (9502).

TOKYO (NQN)--Nippon Electric Glass Co. (5214) said Wednesday it will set up a subsidiary in South Korea to make and sell glass for flat-panel displays.

TOKYO (Nikkei)--Sony Corp. (6758) and Panasonic Corp. (6752) have started negotiating a partnership in OEL (organic electroluminescence) televisions, as organic electroluminescence is expected to emerge as the dominant technology in the next generation of TVs to hit the market.