Topics

Apr 22, 2015

Takata air bag defects prompt expanded Nissan recall in U.S.

Nissan Motor Co. is expanding a recall of the 2006 Sentra compact car by 45,000 units mainly in the Southern United States because of a defective air bag manufactured by the embattled Takata Corp., the National Highway Traffic Safety Administration said Tuesday. Nissan’s U.S. ...

AFL-CIO slams U.S. fast-track trade authority

Apr 22, 2015

AFL-CIO slams U.S. fast-track trade authority

The largest U.S. labor union organization on Tuesday attacked moves to empower President Barack Obama to fast-track international trade agreements, saying a looming Pacific pact should counter currency manipulation. Some Democratic and Republican lawmakers, as well as organized labor, oppose a bill that would ...

Apr 21, 2015

Yoshinoya sees beer as key to boosting late-night sales

Restaurant chain operator Yoshinoya Holdings Co. will promote its alcoholic beverages and izakaya pub-style food rather than the gyudon slivers of beef on rice bowls it is best known for, in a bid to boost sales to office workers heading home. By the end ...

JPMorgan's Japan head of equity research resigns

Apr 21, 2015

JPMorgan's Japan head of equity research resigns

Jesper Koll is leaving JPMorgan Chase & Co. after running the firm’s equity-research team in Tokyo for more than five years. Koll resigned at the end of March to pursue a “new career opportunity,” he wrote in an internal memo obtained by Bloomberg, without ...

Apr 21, 2015

As car sales slow in China, automakers trim prices

China’s auto sales growth is slowing to a “new normal” with Bayerische Motoren Werke AG to Honda Motor Co. trimming their prices to sustain demand. BMW will reduce production in the quarter that began this month and has cut prices on some models to ...

Apr 21, 2015

Greenback rises past ¥119.50 in Tokyo trading

The dollar topped ¥119.50 in Tokyo trading on Tuesday, thanks chiefly to higher stock prices in Japan and abroad. At 5 p.m., the dollar was at ¥119.64-65, up from ¥118.70-72 a day earlier. The euro was at $1.0664-0664, down from $1.0779-0782, and at ¥127.58-60, ...

Apr 21, 2015

Nikkei rises on overseas gains

Stocks staged a sharp rally on the Tokyo Stock Exchange on Tuesday, supported by overnight gains in European and U.S. equities. The Nikkei 225 average climbed 274.60 points, or 1.40 percent, to end at 19,909.09. On Monday, the key market gauge shed 18.39 points. ...