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Nissan President Ghosn predicts auto price hikes in Japan

Business › Thursday 15th May, 07:20 AM JST

TOKYO — Nissan Motor Co President Carlos Ghosn said Wednesday he thinks vehicle price hikes would be unavoidable in Japan given soaring prices of steel and other…

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Shinsei Bank returns to black

Business › 07:19 AM JST - 15th May

TOKYO — Shinsei Bank said Wednesday it swung into the black in the year that ended in March thanks to gains from the sale of its Tokyo…

McDonald's Japan ups 2008 net profit estimate

Business › 07:18 AM JST - 15th May

TOKYO — McDonald's Holdings Co said Wednesday that it has revised up its group net profit estimate for 2008 to 11.5 billion yen from 10 billion yen.…

Supermarket chain operator Aeon to enter rice-producing business

Business › 07:00 AM JST - 15th May

TOKYO — Supermarket operator Aeon said Wednesday it will release its first set of low-priced, private-brand home electronics goods co-developed with Sanyo Electric Co on May 27.…

JAL Int'l employees get 5% pay cut

Business › 06:55 AM JST - 15th May

TOKYO — Japan Airlines Corp will conduct a uniform 5% cutback in basic salaries and fringe benefits for 17,000 employees at Japan Airlines International Co, the Tokyo-based…

Wholesale prices up 3.7% in April

Business › 06:51 AM JST - 15th May

TOKYO — Japanese wholesale prices rose a stronger-than-expected 3.7% in April from a year earlier on the back of continuingly rising raw material costs, the Bank of…

Aeon to release private-brand home electronics

Business › 05:26 AM JST - 15th May

TOKYO — Aeon Co, Japan's top supermarket operator, said Wednesday it will release its first set of low-priced, private-brand home electronics goods codeveloped with Sanyo Electric Co…

FY 2007 current account surplus hits record high

Business › 02:02 PM JST - 14th May

TOKYO — Japan's current account surplus grew 16.1% in fiscal 2007 through March 31 from the previous year to 24,550 billion yen, hitting a record high for…

Japan, N.Z. sign customs arrangement

Business › 10:00 AM JST - 14th May

TOKYO — Japan and New Zealand signed an arrangement Wednesday between the two countries' customs authorities to ensure safe and smooth trade, making it the world's second…

Nissan 4th-quarter profit jumps 95%

Business › 06:58 AM JST - 14th May

TOKYO — Nissan Motor Co said Tuesday that its profit jumped 95% in the fiscal fourth quarter on healthy overseas sales. The automaker said its January-March profit…