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Stocks close 0.89% higher in rollercoaster session

May. 24, 2013 - 03:45PM JST ( 0 )

Tokyo shares closed 0.89% higher Friday in a rollercoaster session that came a day after the Nikkei 225 index suffered its worst one-day drop since Japan's March 2011 quake-tsunami disaster. The benchmark Nikkei, which on Thursday plunged 7.3%, finished 0.89%, or 128.47 points, higher at 14,612.45,… Read

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Dai-ichi to buy 40% in Indonesia's Panin Life

Business May. 25, 2013 - 03:14AM JST ( 0 Comments )

Dai-ichi Life Insurance Co Ltd has agreed to buy a 40% stake in Indonesia's Panin Life for about 30 billion yen, a source with direct knowledge of the matter said on Friday. The move by… Read

Nissan to recall 841,000 vehicles worldwide due to steering wheel glitch

Business May. 24, 2013 - 06:51AM JST ( 5 Comments )

Nissan Motor Co Ltd will recall about 841,000 vehicles worldwide including the Micra compact car, also known as the March, as a result of a steering wheel glitch, Japan's No. 2 automaker said on Thursday.… Read

Nomura eyes Asia alliances

Business May. 24, 2013 - 06:28AM JST ( 0 Comments )

Japan's largest brokerage firm Nomura Holdings Inc says it is seeking partners to expand its retail and asset management operations in Southeast Asia and was in talks with several financial institutions in the region. Chief… Read

Financial market gyrations underline economy's vulnerability

Business May. 24, 2013 - 06:27AM JST ( 12 Comments )

Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of stagnation. Interest rates,… Read

Spiking interest rates may torpedo Japan's recovery

Business May. 24, 2013 - 06:12AM JST ( 2 Comments )

Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics. That could reverse gains not only in Tokyo stocks, but in stock markets world-wide which have benefited from… Read

Kikkoman to celebrate 40 years of U.S. manufacturing with economic development conference

Business May. 24, 2013 - 05:47AM JST ( 0 Comments )

Kikkoman Foods Inc on Thursday announced it will celebrate the 40th anniversary of its Wisconsin soy sauce production facility with a conference that will explore issues of innovation in global economic development. Kikkoman’s Walworth, Wis,… Read

Ricoh to cut 13% of French workforce

Business May. 24, 2013 - 04:53AM JST ( 0 Comments )

Japanese office equipment and digital camera maker Ricoh will cut 338 jobs in France, some 13% of its workforce in the country, union officials said Thursday. "The management told us it intends to cut 338… Read

Shares close down more than 7%

Business May. 23, 2013 - 03:29PM JST ( 17 Comments )

Tokyo share prices plunged more than 7% Thursday on record volumes as investors rushed to take profit following weak Chinese data and after months of climbing. The Nikkei 225 index at the Tokyo Stock Exchange… Read

BOJ takes action after key bond yield spikes

Business May. 23, 2013 - 02:29PM JST ( 1 Comment )

The Bank of Japan unleashed a torrent of liquidity Thursday to quell government bond yields amid concern that higher long-term interest rates could squeeze mortgage payers and crimp spending. The central bank announced a 2… Read

Ford to end auto production in Australia in 2016 after 91 years

Business May. 23, 2013 - 11:03AM JST ( 9 Comments )

Ford Motor Co said Thursday it was closing its two Australian auto plants and ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales. The closure of the U.S. automaker's plants… Read

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Stocks close 0.89% higher in rollercoaster session

Dai-ichi to buy 40% in Indonesia's Panin Life

Nissan to recall 841,000 vehicles worldwide due to steering wheel glitch

Nomura eyes Asia alliances

Financial market gyrations underline economy's vulnerability

Spiking interest rates may torpedo Japan's recovery

Kikkoman to celebrate 40 years of U.S. manufacturing with economic development conference

Ricoh to cut 13% of French workforce

Shares close down more than 7%

BOJ takes action after key bond yield spikes

Ford to end auto production in Australia in 2016 after 91 years

Hashimoto says S Korean troops guilty of wartime sex abuse

Anti-Islamist protests flare after British soldier butchered near London barracks

S Korean paper says A-bombs on Japan were 'divine punishment'

China trying to strengthen its claim to Okinawa

Hashimoto hits back at polls showing majority disagree with his comments

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