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Toyota Prius remains top seller in Japan for 5th month in row

Business › Saturday 07th November, 07:28 AM JST

TOKYO — Toyota Motor Corp's Prius gas-electric hybrid car was Japan's best-selling vehicle in October with sales of 26,918 units, staying in the top slot for the…

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Sumitomo Trust, Chuo Mitsui to merge into Japan's top trust bank

Business › 07:00 AM JST - 7th November

TOKYO — Sumitomo Trust & Banking Co and Chuo Mitsui Trust Holdings Inc announced Friday a plan to integrate management in April 2011 that will create Japan's…

5 nonlife insurers raise profit forecasts for 1st half of FY 2009

Business › 06:05 AM JST - 7th November

TOKYO — Five major Japanese nonlife insurance firms have revised upward their respective group net profit projections for the April to September first half of fiscal 2009…

Gov't arranging JAL rescue package with forced pension cuts

Business › 04:25 AM JST - 7th November

TOKYO — The government is making arrangements to compile a comprehensive rescue package for struggling Japan Airlines Corp, including special legislation to enable a mandatory reduction in…

Yamaha Motor sends 270 surplus workers to Toyota

Business › 03:58 AM JST - 7th November

TOKYO — Yamaha Motor Co has dispatched some 270 of its full-time workforce to Toyota Motor Corp to secure jobs for workers who have become redundant due…

Tokyo stocks end mixed

Business › 03:41 PM JST - 6th November

TOKYO — Tokyo stocks ended mixed Friday as initial gains by exporters on renewed U.S. recovery optimism were later trimmed when investors shifted to the sidelines ahead…

Gov't asks main creditor banks to provide bridge loans for JAL

Business › 02:52 PM JST - 6th November

TOKYO — A government team tasked with aiding the turnaround of Japan Airlines Corp asked Friday the company's creditor banks, including the state-backed Development Bank of Japan,…

Kajima suspected of using cheap gravel in runway works for unfair profit

Business › 09:08 AM JST - 6th November

TOKYO — Kajima Corp, one of Japan's five largest construction contractors, is suspected of using low-priced gravel in the construction of a new runway at Tokyo's Haneda…

Toyota logs April-Sept net loss of Y55.9 bil

Business › 07:00 AM JST - 6th November

TOKYO — Toyota Motor Corp said Thursday it incurred a group net loss of 55.99 billion yen in the April-September period, against a year-earlier profit of 493.47…

Decision on aid for JAL expected in January

Business › 05:59 AM JST - 6th November

TOKYO — The head of a government-backed corporate turnaround body that will oversee the reconstruction of struggling Japan Airlines Corp said Thursday that a rescue package is…