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Mar 30, 2015

Toyota holds first event for individual shareholders

Toyota Motor Corp. organized an event for individual shareholders on Sunday for the first time and called on them to buy and hold Toyota shares in the long term. At the event in Nagoya, Toyota President Akio Toyoda said, “We’d like to earn the ...

Mar 29, 2015

Software update puts Mitsubishi TVs on the blink

Mitsubishi Electric Corp. said Sunday that a bad software update might have caused up to 1.62 million of its liquid crystal display TVs across Japan to repeatedly turn on and off every few minutes. The problem, which began at midnight Saturday and involved 118 ...

Mar 29, 2015

Brazil uncovers multibillion-dollar tax fraud

Dozens of Brazilian firms, including industrial companies and banks, are under investigation amid allegations they paid $5.9 billion in bribes to tax officials, police said Saturday. Brazil is already reeling from the biggest graft scandal the country has known, a $3.8 billion scam involving ...

Mar 29, 2015

Australia signs up to negotiations on Chinese-led bank

Australia announced on Sunday that it would join negotiations to establish a new a Chinese-led Asian regional bank that has emerged as a potential challenge to United States influence in a part of the world where the Obama administration has tried to forge stronger ...

Brazil will join China-backed Asian investment bank

Mar 28, 2015

Brazil will join China-backed Asian investment bank

Brazil said on Friday it had accepted China’s invitation to join its Asian Infrastructure Investment Bank as a founding member. “Brazil is very interested in participating in this initiative,” the office of President Dilma Rousseff said in a short statement. It said no conditions ...

Mar 28, 2015

Takata sued for $1.9 billion in Canada over faulty air bags

Canadian drivers have launched three class action lawsuits against embattled auto parts supplier Takata over defective air bags linked to at least five fatalities worldwide, lawyers confirmed Friday. The plaintiffs are seeking a total of 2.4 billion ($1.9 billion) Canadian dollars for personal injuries, ...

| Mar 27, 2015

Greenback rises above ¥119 in Tokyo

The dollar held firm above ¥119 in Tokyo on Friday after staging a rally in overseas trading overnight thanks to better than expected U.S. economic data. At 5 p.m., the dollar was quoted at ¥119.43-44, up from ¥118.62-64 at the same time on Thursday. ...