June 2013
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Yen caught between Fed taper and risk evasion

Jun 27, 2013

Yen caught between Fed taper and risk evasion

The yen is in a “tug of war” as a result of speculation the Federal Reserve will begin tapering stimulus this year, according to Takatoshi Kato, a former top currency official at the Finance Ministry. “One of the main objectives of the Fed’s quantitative ...

Marines Furuya misses no-hitter with two outs in ninth

Jun 27, 2013

Marines Furuya misses no-hitter with two outs in ninth

Chiba Lotte lefty Takuya Furuya fooled Orix Buffaloes batters for 8⅔ innings before losing his no-hitter, but held on to throw a one-hit shutout in his second career start. The 31-year-old, who has dominated the Eastern League with the Marines’ farm club this season, ...

Jun 27, 2013

Kawasaki Heavy chief apologizes for internal strife

Kawasaki Heavy Industries Ltd. President Shigeru Murayama apologized Wednesday for confusion caused by the recent sudden removals of his predecessor and two other company executives. “We are very sorry for the fuss,” Murayama told shareholders at the annual shareholders’ meeting in Kobe. On June ...

Jun 27, 2013

Honda hopes to rev up female buyers with big Acura ad campaign

Honda Motor Co. is targeting female drivers for its redesigned 2014 Acura MDX sport wagon with the luxury brand’s most expensive advertising campaign yet. Using the slogan “Made for Mankind,” a female narrates the moody ads showing women hiking a mountain ridge, dancing and ...

Japanese robot: ISS mission one 'big stride' for androids

Jun 27, 2013

Japanese robot: ISS mission one 'big stride' for androids

A talking robot that will accompany a Japanese astronaut in space this summer says the cosmic tour will be one giant leap for androids everywhere. In a scene straight out of “Star Wars,” the pint-sized Kirobo fielded questions from curious journalists who asked what ...

Cambodia finds new bird species

Jun 27, 2013

Cambodia finds new bird species

A new species of bird with a distinctive orange-red colored tuft of feathers on its head has been found in Cambodia’s populous capital city, conservationists said Wednesday. The remarkable discovery of the Cambodian tailorbird, or orthotomus chaktomuk, in Phnom Penh — and several other ...

Jun 27, 2013

Blue Jays option Kawasaki

The Toronto Blue Jays said Tuesday they have optioned Munenori Kawasaki to the Triple-A Buffalo. The move is to make room for starting shortstop Jose Reyes, who will be welcomed back by the team on Wednesday afternoon. Reyes has been out of action since ...

Jun 27, 2013

Greenback hovers around ¥97.50

The dollar drifted around ¥97.50 in late Tokyo trading Wednesday after shedding most of its gains following stock price declines in Japan and China. At 5 p.m., the dollar was at ¥97.55-57, compared with ¥97.40-42 at the same time Tuesday. The euro stood at ...

Jun 27, 2013

JT sues Thailand over pack warnings

Japan Tobacco Inc. has sued the government of Thailand over a plan to increase the size of health warnings on cigarette packages, claiming the move is unconstitutional. Thailand announced a plan in April to increase the size of graphic health warnings to 85 percent ...

Jun 27, 2013

Top court rejects United Red Army member's appeal

The Supreme Court has turned down an appeal filed by death-row inmate and former United Red Army member Hiroshi Sakaguchi of two lower court rulings that rejected his plea for a retrial. In a decision dated Monday that became binding immediately, the top court’s ...

Jun 27, 2013

Three top banks to bump up mortgage rates in July

Three major banks are considering hiking their housing loan rates more in July as record-low long-term interest rates continue to edge up, sources said. Bank of Tokyo-Mitsubishi UFJ, Mizuho Bank and Sumitomo Mitsui Banking Corp. are likely to raise their 10-year fixed-rate mortgages by ...

Jun 27, 2013

Nikkei can't sustain morning gains, ends lower

Stocks erased early gains to end lower Wednesday amid nervous trading due to lingering worries over the Chinese economy. The Nikkei 225 average closed down 135.33 points at 12,834.01. On Tuesday, the key market gauge lost 93.44 points. The Topix fell 9.38 points to ...

Jun 27, 2013

Karzai backs Taliban talks in Qatar

President Barack Obama and Afghan leader Hamid Karzai support the idea of holding talks with the Taliban in its Qatar office, the White House said Tuesday, reviving hopes for a peace process. The announcement came despite a brazen Taliban assault Wednesday on the presidential ...

Jun 27, 2013

Supreme court rules in favor of gay marriage in California

A divided U.S. Supreme Court gave a landmark victory to the gay-rights movement, striking down a federal law that denies benefits to same-sex married couples and clearing the way for weddings to resume in California. The court stopped short of declaring a constitutional right ...