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  • Takata offered help but still faces rough ride

    TOKYO -- Scandal-stricken autoparts maker Takata is on track to negotiate a bailout plan after receiving an offer from a potential sponsor. But amid deep divisions among automakers over the path it should take, a smooth journey is far from guarantee

    May 27, 2016 01:00 pm JST
  • Dollar stays firm in upper 109 yen zone after weak Japan CPI data

    TOKYO (Kyodo) -- The U.S. dollar remained firm in the upper 109 yen range Friday morning in Tokyo as consumer prices in Japan dropped from a year earlier for the second straight month in April, fueling expectation of additional monetary easing by th

    May 27, 2016 12:45 pm JST
  • Japan and China's differing views of Obama's Hiroshima visit

    HIROSHIMA -- Japan's major news organizations have unanimously welcomed U.S. President Barack Obama's planned visit on Friday to the city which saw the world's first atomic bombing but Chinese official media have been much more critical. This is wha

    May 27, 2016 12:30 pm JST
  • Tokyo stocks end higher in morning on growing tax hike delay bets

    TOKYO (Kyodo) -- Tokyo stocks ended higher Friday morning on growing hopes that the Japanese government will forgo a planned sales tax hike next year after Prime Minister Shinzo Abe, hosting the Group of Seven summit in central Japan, and the G-7 de

    May 27, 2016 12:27 pm JST
  • G-7 summit: Snapshots from Ise-Shima

    ISE-SHIMA, Japan -- Leaders of the Group of Seven advanced economies ended a two-day summit on Friday in central Japan. The Nikkei Asian Review is bringing you the latest news and analysis from the event, and the meetings and visits taking place on

    May 27, 2016 12:00 pm JST
  • G-7 commits to growth, shuns forex 'devaluation' and 'disorderly' moves

    ISE-SHIMA, Japan (Reuters) -- The Group of Seven industrial powers expressed concern on Friday about risks to the world economy and pledged to seek strong, sustainable growth.In a statement ending a two-day G7 summit in central Japan, the leaders al

    May 27, 2016 10:33 am JST
  • Tokyo stocks open higher on rising tax hike delay bets

    TOKYO (Kyodo) -- Tokyo stocks opened higher Friday on growing speculation that the Japanese government will delay a consumption tax hike planned next April.In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 66.18 points, or

    May 27, 2016 09:38 am JST
  • Dollar trades in upper 109 yen zone in early Tokyo deals

    TOKYO (Kyodo) -- The U.S. dollar traded in the upper 109 yen zone early Friday in Tokyo, almost unchanged from its overnight levels in New York.At 9 a.m., the dollar fetched 109.72-73 yen compared with 109.70-80 yen in New York and 110.02-04 yen in

    May 27, 2016 09:12 am JST
  • Japanese consumer prices fall 0.3% in April

    TOKYO (Dow Jones) -- Japanese consumer prices fell again in April in a sign that weak domestic growth and low global energy costs are continuing to undermine the Bank of Japan's efforts to defeat deflation.The core consumer price index dropped 0.3%

    May 27, 2016 09:10 am JST
  • Japan, US news reports on atomic bombs reveal wartime mindsets

    HIROSHIMA -- When the U.S. dropped atomic bombs on Hiroshima and Nagasaki in August 1945, how did newspaper readers in Japan and the U.S. learn about the attacks?In Japan, the head of the Information Department issued the following statement on Aug.

    May 27, 2016 09:00 am JST
  • Nikkei online poll: 95.9% 'welcome' Obama's Hiroshima visit

    TOKYO -- Support for U.S. President Barack Obama's visit to Hiroshima is overwhelming, but expectations for the historic event are mixed, according to a recent Nikkei survey of online readers.Asked whether they welcomed the first-ever visit of a sit

    May 27, 2016 07:00 am JST
  • Market Scramble: Foreigners fear political stagnation in Tokyo

    TOKYO -- Overseas investors are growing concerned that Japanese government policy may get stuck in the doldrums after the meeting of the Group of Seven leaders that began Thursday.Shares of infrastructure businesses advanced Thursday as investors se

    May 27, 2016 06:45 am JST
  • SoftBank's Arora got record pay package in fiscal 2015

    TOKYO -- Nikesh Arora, president of SoftBank Group, received about 8 billion yen ($72.9 million) in compensation last fiscal year, a shareholders meeting notice posted Thursday shows.The pay package is the largest for a director at a Japanese compan

    May 27, 2016 05:30 am JST
  • Nippon Steel moving to block new CEO at Brazil's Usiminas

    TOKYO -- Nippon Steel & Sumitomo Metal came out Thursday against a decision by Brazilian affiliate Usiminas to appoint a new CEO, suggesting renewed friction with Ternium over management of the steel producer.Nippon Steel and Ternium, a steel group

    May 27, 2016 05:30 am JST
  • G-7 urges respect for maritime law

    ISE-SHIMA, Japan -- Group of Seven leaders will call for respect for the rule of law and the peaceful resolution of conflict in their joint statement to be issued Friday, taking a swipe at Beijing's maritime expansion in the South China Sea without

    May 27, 2016 05:00 am JST
  • Abe has hidden agenda in ringing economic alarm bell?

    ISE-SHIMA, Japan -- Japanese Prime Minister Shinzo Abe's warning against the risk of a 2008-esque global economic crisis is seen by critics as an attempt to give credence to his likely decision to postpone a consumption tax hike scheduled for next A

    May 27, 2016 04:48 am JST
  • Seven & i struggles to sell image of happy family

    TOKYO -- After boardroom drama that led to the ousting of a charismatic chief, Seven & i Holdings' leadership team worked to emphasize at Thursday's general shareholders meeting that all is well, but many shareholders seemed unconvinced.Influential

    May 27, 2016 04:46 am JST
  • Hiroshima awaits historic Obama visit

    HIROSHIMA, Japan -- Barack Obama is hours away from becoming the first sitting U.S. president to visit this city, where he will reiterate his vision of a future without the kind of weapons first used here in the final throes of World War II.Obama is

    May 27, 2016 04:30 am JST
  • Generics maker Sawai Pharma prepares to tap US market

    OSAKA -- Sawai Pharmaceutical is gearing up to sell generic drugs in the U.S., carrying out a strategy shift that makes the huge American market a central pillar of the company's long-term growth plans.Japan's second-largest maker of generic drugs e

    May 27, 2016 04:00 am JST
  • G-7 leaders vow to resist protectionism

    ISE-SHIMA, Japan -- Group of Seven leaders agreed Thursday on the need to stand up to the tide of protectionism, also stressing the benefits of major trade deals in a likely attempt to encourage the U.K. to remain in the European Union."There is gro

    May 27, 2016 03:35 am JST