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  • US complains about low growth in Japan, Europe

    CAIRNS, Australia -- The U.S. can live with a stronger dollar but wants Japan and the European Union to do more to rev up their economies. That was one takeaway from the weekend gathering here of finance ministers and central bank chiefs from th

    September 22, 2014 03:21 am JST
  • G-20 to take additional steps to support growth

    CAIRNS, Australia (Kyodo) -- Finance chiefs of the Group of 20 industrial and developing economies agreed Sunday to take additional measures to ensure meeting their commitment to a growth target amid increasing risks of a global slowdown. "We wi

    September 21, 2014 06:15 pm JST
  • Japan's newly opened LNG market faces many challenges

    TOKYO -- Many challenges remain for Japan's first liquefied natural gas exchange, which began trading last Friday. The most important of these is attracting more participants to the market. For now, however, electricity and gas utilities and other L

    September 21, 2014 01:00 pm JST
  • Foreign investors to create guidelines for dialogue with Japanese companies

    TOKYO -- A group of major foreign asset management companies, including FIL Investments (Japan), will work together to draw up guidelines for active dialogue with investee Japanese companies. The guidelines will show what foreign institutional i

    September 21, 2014 02:00 am JST
  • G-20 mulls fiscal steps to underpin growth amid slowdown jitters

    CAIRNS, Australia (Kyodo) -- Finance chiefs of the Group of 20 leading economies Saturday discussed whether they can launch fiscal measures to underpin the global economy amid increasing concerns over an economic slowdown. The finance ministers a

    September 20, 2014 08:47 pm JST
  • SoftBank to book Y500bn profit through Alibaba listing

    TOKYO -- SoftBank said on Saturday that it expects to book an extraordinary group profit of about 500 billion yen ($4.55 billion) related to Chinese e-commerce giant Alibaba Group Holding's listing in the U.S. in the first half of fiscal 2014, which

    September 20, 2014 07:42 pm JST
  • Global money props up dollar, highlighting weakness elsewhere

    TOKYO -- Global funds are flowing into the dollar as a U.S. interest rate hike looms on the horizon, helping to underpin the country's economy and ushering the end of monetary easing there, but the galloping greenback also underlines weaknesses in t

    September 20, 2014 06:45 am JST
  • Newly listed Alibaba determined to become global player

    SHANGHAI -- Having listed its shares on the New York stock market, Alibaba Group Holding hopes to transform into a truly global company, but achieving this ambition will hinge on the Chinese e-commerce business' management transparency. Founder

    September 20, 2014 05:41 am JST
  • Alibaba makes huge debut on NYSE

    NEW YORK -- Chinese e-commerce giant Alibaba Group Holding had its much-anticipated initial public offering on the New York Stock Exchange on Friday, drawing heavy buying from investors. Trading began at $92.70, more than 30% above the IPO price

    September 20, 2014 04:14 am JST
  • Auto seat maker TS Tech seen faring better than expected

    TOKYO -- Automobile seat manufacturer TS Tech is expected to exceed its earlier operating profit projection for the April-September half by about 500 million yen ($4.55 million) on lower-than-expected costs. The Honda Motor affiliate is seen pos

    September 20, 2014 02:00 am JST
  • Lagarde to Japan: Smash the glass ceiling with smart policies for women

    TOKYO -- Women's workforce participation is a critical factor as Japan attempts to pump up its economy, according to Christine Lagarde, the International Monetary Fund's managing director. In a recent interview with The Nikkei, Lagarde called fo

    September 20, 2014 12:30 am JST
  • Microsoft and Intel need China's help

    TOKYO/GUANGZHOU, China -- Microsoft and Intel, which formed the Wintel juggernaut during the personal computer's glory days, are now rushing to partner with Chinese mobile device makers. Microsoft, known for its still-dominant Windows PC operating s

    September 19, 2014 01:00 pm JST
  • UN Security Council calls for massive Ebola response

    UNITED NATIONS -- The United Nations Security Council on Thursday urged the world to scale up its response to the Ebola epidemic in western Africa, calling for the lifting of travel bans to allow for swift deliveries of relief supplies and personnel

    September 19, 2014 06:58 am JST
  • Dollar hits 6-year high of upper 108 yen on Fed guidance, eyes on Scotland vote

    TOKYO (Kyodo) -- The U.S. dollar rose to a six-year high of 108.87 yen Thursday in Tokyo after the U.S. Federal Reserve raised its projection for the trajectory of its key interest rate. At 5 p.m., the dollar fetched 108.54-55 yen compared with

    September 18, 2014 06:12 pm JST
  • Fed's dovish jolt helps Nikkei top 16,000

    TOKYO -- Japanese stock and currency markets are getting the best of overnight statements released by the U.S. Federal Reserve. Tokyo stocks are trading sharply higher Thursday, with the Nikkei Stock Average topping the psychologically important

    September 18, 2014 02:10 pm JST
  • Yen reaches 108 mark against dollar on speculation of US rate hike

    TOKYO -- The yen weakened to the upper 108 level against the dollar in early Thursday trading in Tokyo. The dollar gained significantly against the yen Wednesday in New York after a statement by the U.S. Federal Open Market Committee stirred specula

    September 18, 2014 01:16 pm JST
  • Fed sees bond buying ending in Oct, retains interest rate guidance

    WASHINGTON (Dow Jones) -- The Federal Reserve said it would end the bond buying program known as quantitative easing in October, but retained its guidance that short-term interest rates will remain near zero for a "considerable time" after that prog

    September 18, 2014 08:00 am JST
  • Dollar hits hix-year high vs yen on Fed guidance

    NEW YORK (Dow Jones) -- The dollar soared to a new six-year high against the yen and rallied against the euro Wednesday after the Federal Reserve gave more guidance on its plans to raise interest rates amid an economic recovery in the U.S. The

    September 18, 2014 08:00 am JST
  • Google pitches Android One to almost a billion Indian users

    NEW DELHI -- India's multi-billion-dollar smartphone market is heating up with the launch of Google's much-awaited $105 Android One smartphone initiative. Unveiled in Delhi by Sundar Pichai, Google's senior vice president for Android, Chrome and

    September 18, 2014 12:06 am JST
  • Japan, US, Europe ramping up long-term bond issuance, raising bubble concerns

    TOKYO -- In Japan, the U.S. and countries in Europe, interest rates of long-term government bonds are falling considerably as these advanced nations ramp up the issuance of 40-year and even 50-year bonds to reduce their interest burdens over the lon

    September 18, 2014 12:00 am JST