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U.S. slaps sanctions on Chinese firm tied to North Korea's nuclear program

The United States said Monday that it had sanctioned a Chinese industrial machinery and equipment wholesaler, a new step in tightening the financial noose around North Korea’s nuclear program after its fifth nuclear test this month. The U.S. Treasury said it was sanctioning Dandong Hongxiang Industrial Development Co. (DHID) and ...

Sep 27, 2016

MRJ touches down in Kamchatka on its way to U.S.

Mitsubishi Aircraft Corp.’s new passenger jet arrived in Russia’s Far East on Tuesday morning, en route to the United States for certification testing, the company said. The Mitsubishi Regional Jet, Japan’s first home-grown commercial passenger jet, landed at an airport on the Kamchatka Peninsula. ...

Sep 27, 2016

MetLife to offer staff buyouts amid investment squeeze

MetLife Inc. said its Japanese business will offer early retirement packages to some staff as the insurer consolidates operations in Tokyo to help counter pressure from low bond yields. Nonsales employees who are 45 or older and have been with the insurer for at ...

Sep 27, 2016

ADB upbeat on developing economies in Asia

Developing economies in Asia are holding steady and will grow at the earlier forecast rate of 5.7 percent this year and next, buoyed by resilience in the region’s two largest economies, China and India, the Asian Development Bank said Tuesday. The region’s developing economies ...

'Pokemon Go' isn't gone but fever cooling, tweets tapering

Sep 27, 2016

'Pokemon Go' isn't gone but fever cooling, tweets tapering

Does “Pokemon Go” have a second act? The mobile phone app was an instant hit when it debuted in July. Crowds stampeded after a Vaporeon in Central Park and people fell off cliffs playing it in California. At an Apple event on Sept. 7, ...

| Sep 26, 2016

Stocks tumble as yen strengthens

Stocks lost further ground Monday, pushed down by selling energized by the yen’s firming against the dollar. The 225-issue Nikkei average lost 209.46 points, or 1.25 percent, to end at 16,544.56 on the Tokyo Stock Exchange. On Friday, the key market gauge gave up ...