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  • Peter Tasker

    War anniversary is the year of the historian

    As practically everyone on the planet must know by now, Aug. 15 marks the 70th anniversary of Japan's surrender in 1945 and thus the end of World War II. At least, that is what the conflict is always called in Europe. In Japan it is also known as th

    August 5, 2015 07:00 pm JST
  • Toyota, Fuji Heavy, Nissan set records

    Japanese automakers' fortunes tied to North American presence

    TOKYO -- Japanese automakers doing well in North America booked record net profits in the April-June quarter while others reliant on markets elsewhere saw profit declines, their earnings releases show. All seven major automakers announced quarte

    August 5, 2015 06:15 am JST
  • Earnings growth

    Toyota cruises to record net profit on North America, soft yen

    NAGOYA -- Toyota Motor announced Tuesday a record quarterly net profit of 646.3 billion yen ($5.16 billion) for the April-June period, up 10% from a year earlier. Brisk North American sales of high-margin offerings and a weak yen pushed up the e

    August 5, 2015 03:45 am JST
  • Global market worries

    Investors flee stocks, commodities for low-risk bonds

    TOKYO -- Investors globally are rushing toward low-risk bonds amid dull U.S. and Chinese economic performance and the lowest commodity prices in 12 years. Yields on new 10-year Japanese government bonds dropped to a two-month low of 0.385% Tuesd

    August 5, 2015 03:32 am JST
  • Interview with Italian prime minister

    Excessive austerity threatens growth, Renzi warns

    TOKYO -- Too great an emphasis on public spending cuts and other budget-balancing measures could hurt euro nations' economic prospects, Italian Prime Minister Matteo Renzi told The Nikkei on Tuesday. "The eurozone countries need to abide by fisc

    August 5, 2015 02:02 am JST
  • Airline duel

    Airbus backs ANA as Skymark sponsor hours before creditor vote

    TOKYO -- A plan that would have ANA Holdings invest in fellow Japanese carrier Skymark Airlines is expected to win the support of Airbus, one of the bankrupt Skymark's top creditors, in a vote Wednesday. Airbus officials told ANA representatives

    August 5, 2015 02:00 am JST
  • Interview with Italy's prime minister

    Grexit averted, Europe needs pro-growth agenda: Renzi

    TOKYO -- Italian Prime Minister Matteo Renzi's warning against excessive fiscal discipline stems from a fear of Greek-style financial and economic turmoil in other fiscally challenged eurozone members, including his own country. Too much austeri

    August 5, 2015 01:05 am JST
  • Hawk-watching at the BOE

    Minutes may show UK policymakers tilting toward rate hike

    TOKYO -- All eyes will be on the Bank of England on Thursday, when some expect the minutes from this week's Monetary Policy Committee meeting to show growing support for raising interest rates. The August minutes, together with the central bank'

    August 4, 2015 11:18 pm JST
  • China exposure

    Alarm bells ringing for Asia, Germany, resource exporters

    TOKYO -- The collapse of China's stock bubble and its continued economic slowdown have other countries bracing for impact. South Korea, which relies heavily on the world's No. 2 economy, could see the worst of the spillover if the Chinese stock

    August 4, 2015 07:30 pm JST
  • Global market overview

    China concerns drive commodities lower

    FINANCIAL TIMES (London) -- Renewed concerns about the health of the Chinese economy helped drive industrial commodity prices down sharply while Treasury bond yields hit two-month lows after the release of weak manufacturing figures in the US. E

    August 4, 2015 10:13 am JST
  • Mt. Gox scandal fallout

    Countries stepping up oversight of digital currencies

    TOKYO -- Regulators the world over are tightening rules governing the use and trading of virtual currencies in the wake of a scandal that led to the arrest of Mark Karpeles, the head of fallen bitcoin exchange Mt. Gox. Russia has drafted legisla

    August 4, 2015 04:28 am JST
  • Austerity effects

    Reopened Greek stock market suffers heavy losses

    ISTANBUL -- The Athens stock exchange reopened Monday after a five-week shutdown caused by the Greek debt crisis, only to end the day deep in the hole. The main Athens stock index took a steep dive, ending down 16.2% to 668 points. It got off to

    August 4, 2015 01:24 am JST
  • Greek stocks unofficially close 16 percent lower, banks plunge 30 percent

    ATHENS, Aug 3 (Reuters) - Greek stocks unofficially closed with losses of 16.2 percent on Monday, the first day of trade after a five -week shutdown. Bank shares fell 30 percent, hitting the bourse's daily volatility limit, with sellers liing up

    August 4, 2015 12:00 am JST
  • TPP deal could help

    Cheap yen helps Japan's beef exports charge ahead

    TOKYO -- Japan's beef exports are surging as a growing number of overseas consumers develop a taste for prime wagyu beef, which is now available at lower prices thanks to the cheaper yen. Japanese beef exports of major cuts reached 670 tons in J

    August 3, 2015 07:00 pm JST
  • Greek stock market opens 23 percent down after five week shutdown

    ATHENS (Reuters) -- Greece's stock market fell sharply on Monday after being shut down for five weeks under capital controls imposed by the government in Athens to stop a flight of euros from the country. The main index was down nearly 23 percen

    August 3, 2015 05:11 pm JST
  • Malaysia says Indian Ocean airplane debris is part of a Boeing 777

    KUALA LUMPUR/PARIS (Reuters) -- Malaysia said on Sunday that airplane debris that washed up on the Indian Ocean island of Reunion has been identified as being from a Boeing 777, the same model as a Malaysian Airlines plane which vanished last year.

    August 2, 2015 07:28 pm JST
  • Greek crisis

    Athens Stock Exchange to reopen Monday after five-week shutdown

    ATHENS (Reuters) -- Greece's stock market will reopen on Monday after a five-week shutdown caused by capital controls, but local investors will face restrictions aimed at stemming capital flight, a bourse spokeswoman said on Friday. The Athens S

    August 1, 2015 06:23 pm JST
  • No trust, no business

    Myanmar's nascent insurance market is not for the impatient

    YANGON -- To maintain retirement insurance in Myanmar, people have to go through a yearly hassle. They must line up at the headquarters of state-owned Myanmar Insurance -- a building in the capital's financial district with a dark, muggy lobby -- to

    August 1, 2015 12:45 am JST
  • Demography and bubbles

    China's slowdown follows pattern traced earlier by US, Japan

    TOKYO -- There is no telling what will happen next on the Chinese stock market, as it reflects the country's slowing growth. But a closer look reveals China's structural economic slowdown and highly volatile asset prices are being driven by a de

    July 31, 2015 07:00 pm JST
  • Royal Dutch Shell gave final push

    Lengthy talks, late breakthrough highlight Idemitsu, Showa Shell deal

    TOKYO -- The integration agreement between Idemitsu Kosan and Showa Shell Sekiyu came only after a yearlong process fraught with difficulty and a frank last-minute discussion between the two Japanese oil companies' leaders. Idemitsu CEO Takashi

    July 31, 2015 01:32 am JST