US stock sell-off on fears of weak recovery
New York - US stocks followed global markets in a broad decline amid investor fears over the world's uneasy recovery from recession. Major US stock indices fell about 1 per cent on average, following hefty declines in the DJ Euro Stoxx 50 and Japan's...
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US (Business) ]
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Lower phone sales leads NTT DoCoMo profit to fall 21 per cent
Tokyo - NTT DoCoMo Inc, Japan's largest mobile-phone operator, said Friday that profit in its second quarter dropped 21 per cent as demand for mobile phones fell. Net income in the July-to-September quarter fell to 137.3 billion yen (1.5 billion doll...
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Business ]
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Japan stocks flat in morning trading
Tokyo - Japan shares were lackluster in early morning trading Wednesday, dragged down by banking and real estate stocks. The Nikkei 225 index lost 0.1 per cent by mid-morning, to 9,716.35 points. The broader Topix index fell 0.9 per cent to 849.24...
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Business ]
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Obama's early arrival rescues traditional APEC group photo
Singapore - A surprise early appearance of US President Barack Obama at the annual summit of 21 Asian-Pacific economies in Singapore on Saturday rescued the traditional costumed group photo of the leaders. Coming from Japan, Obama was originally expe...
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Asia (World) ]
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BACKGROUND: Key issues during Obama's visit to Japan
Tokyo - The following are issues expected to dominate the agenda of US President Barack Obama's visit to Japan on Friday and Saturday. Security alliance: Japan's new government, lead by the Democratic Party of Japan (DPJ), continues to regard the clo...
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Asia (World) ]
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US earnings, retail sales help Tokyo stocks to soar - Summary
Tokyo - Stocks in Tokyo surged Thursday on optimism over a global economic recovery after strong US corporate earnings were reported and retail sales in the United States, one of Japan's biggest export markets, were better than expected. The benchmar...
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Business ]
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Nissan lowers loss forecast for year on China sales
Tokyo - Nissan Motor Co, Japan's third-largest carmaker, on Wednesday lowered the losses it expected for the current fiscal year as rising sales in China helped offset falling revenues from Europe and the United States. It said it expected to be 40 b...
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Business ]
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Number of business bankruptcies falls in Japan for third month
Tokyo - The number of corporate bankruptcies in Japan fell in October for the third month in a row, a credit research agency said Tuesday. The 1,261 bankruptcies represented an 11.7-per-cent fall from the same month a year earlier, Shoko Research sai...
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Business ]
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Earthquake hits south-west Japan
Tokyo - An earthquake measuring 6.8 on the Richter scale shook south-west Japan on Friday. There were no immediate reports of damage or casualties and the authorities did not issue a tsunami warning. ...
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Nature (Environment) ]
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Japan stocks fall in morning trading
Tokyo - Shares in Japan fell in early morning trading Thursday, dragged down by losses on Wall Street. The benchmark Nikkei dropped 92.79 points, or 0.96 per cent, to stand at 9,584.01. ...
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Business ]
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EXTRA: Obama meets with with Japan's emperor, empress
Tokyo - US President Barack Obama on Saturday met with Japanese Emperor Akihito, the final event of the US leader's first visit to Japan. Obama had lunch with Akihito and Empress Michiko at the imperial palace in Tokyo, Japanese media reported. It wa...
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Asia (World) ]
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Japan falls back into deflation - Summary
Tokyo - Japan is back in a period of falling prices for the first time in three and a half years, the government said on Friday, while its central bank left a key interest rate unchanged and upgraded its economic outlook. Deputy Prime Minister Naoto ...
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Business ]
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North Korea tests-fires short-range missiles - 3rd Update
Seoul - North Korea on Monday test-fired five short-range missiles off its east coast towards the Sea of Japan, the South Korean Yonhap news agency reported, quoting government sources. The missiles were fired into the Korea's East Sea on Monday afte...
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Asia (World) ]
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Mazda reduces its expected annual loss as it cuts costs
Tokyo - Mazda Motor Corp, Japan's fourth-largest carmaker and second-largest car exporter, Thursday scaled back the losses it expects to incur this fiscal year as it cut costs and tax liabilities. The predicted loss for the year ending March 31 was 1...
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Cars (General) ]
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Declining LCD sales hit Sharp with half-year loss
Tokyo - Sharp Corp, Japan's largest maker of liquid-crystal displays, on Thursday reported its second half-year loss in a row because of falling sales of those LCD panels, used for such devices as televisions and computer monitors. Its net loss for t...
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Business ]
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Japan's industrial output rises for seventh consecutive month
Tokyo - Industrial output in Japan rose by a seasonally adjusted 1.4 per cent in September compared to the previous month, the Ministry of Economy, Trade and Industry said on Thursday. It was the seventh month in a row in which industrial output rose...
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Business ]
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