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Mitsubishi UFJ profit falls less than estimated on lending, fees

Jul 31, 2014

Mitsubishi UFJ profit falls less than estimated on lending, fees

Mitsubishi UFJ Financial Group Inc., the nation’s biggest bank, reported Thursday a smaller-than-estimated decline in first-quarter profit as lending income and fees rose, shrugging off an equity-market slowdown. Net income fell 5.8 percent from a year earlier to ¥240.5 billion in the three months ...

Jul 31, 2014

Japan flirts with recession; planned tax hike in doubt

Japan could be flirting with recession after the weakest factory output since 2011, which, following a surprising fall in exports last week, could pressure the central bank to ease policy and complicate a decision on whether to raise taxes. The severe contraction in output ...

Jul 30, 2014

OkCupid toyed with users' love lives

OkCupid — a top U.S. matchmaking website — intentionally mismatched users to test its technology, the IAC/InterActive Corp. service said on Monday, weeks after Facebook Inc. admitted to misleading users in a psychological study. OkCupid co-founder Christian Rudder made a case for the practice ...