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| Feb 5, 2016

Nikkei closes below 17,000 on higher yen

Stocks retreated for the fourth straight session on the Tokyo Stock Exchange Friday, with the benchmark Nikkei average closing below 17,000 for the first time in almost two weeks, pressured by the yen’s rise. The 225-issue Nikkei slumped 225.40 points, or 1.32 percent, to ...

Foxconn's Gou said to plan appeal on Sharp deal tomorrow

Feb 4, 2016

Foxconn's Gou said to plan appeal on Sharp deal tomorrow

Foxconn Technology Group Chairman Terry Gou plans to travel to Sharp Corp. headquarters in Osaka to meet with management Friday and press his case for a proposed bailout of the Japanese consumer electronics company, according to a person familiar with the matter. Gou asked ...

Feb 4, 2016

Negative interest for retail depositors unlikely: Kuroda

Japanese banks are unlikely to apply negative interest rates to deposits held by retail customers, Bank of Japan Gov. Haruhiko Kuroda said Thursday. “Of course, the BOJ will consider additional monetary easing if necessary,” Kuroda told a House of Representatives Budget Committee meeting, showing ...