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| Oct 28, 2014

Dollar in narrow range below ¥108

The dollar drifted in a narrow range just below ¥108 in Tokyo trading Tuesday as the market was swathed in a wait-and-see mood ahead of a policy-setting meeting of the U.S. Federal Reserve. At 5 p.m., the dollar stood at ¥107.82-84, down from ¥108.02-03 ...

| Oct 28, 2014

Nikkei dragged down by profit-taking

Stocks pulled back Tuesday, bruised by profit-taking amid a sense of market overheating after the recent rise. The Nikkei 225 average sagged 58.81 points to close at 15,329.91. On Monday, the key market gauge climbed 97.08 points. The Topix ended down 2.28 points at ...

Oct 28, 2014

SoftBank invests $627 million in Indian online retailer Snapdeal

SoftBank Corp. will invest $627 million in Indian e-retailer Snapdeal.com to tap the growing online market there. The telecommunications company run by billionaire Masayoshi Son said Tuesday it will also lead an investment of $210 million in ANI Technologies Pvt., which runs the popular ...

Oct 28, 2014

Toyota likely to post record half-year profit

Toyota Motor Corp. is likely to post a record group operating profit in the April-September period, buoyed by brisk overseas sales and effects of the weak yen, according to sources familiar with the matter. Market participants expect the automaker to post an operating profit ...

Oct 28, 2014

U.S. consumers sue Takata over air bags, seek class action

Takata Corp., the Tokyo-based company whose potentially defective air bags have led to the recall of millions of vehicles, is being sued by consumers in the U.S. who claim the firm and several car manufacturers defrauded them by concealing crucial information. The lawsuit, filed ...

| Oct 27, 2014

Nikkei gains on Wall Street rise

Stocks advanced Monday, backed by higher U.S. equities late last week and futures-led purchases. The Nikkei 225 average climbed 97.08 points to close at 15,388.72. The Topix ended 11.96 points higher to end at 1,254.28. The market kicked off the week with gains after ...

TPP talks in Sydney end with no breakthrough

Oct 27, 2014

TPP talks in Sydney end with no breakthrough

Japan and the United States failed to reach a much-awaited breakthrough, seen as vital to advancing the 12-country Trans-Pacific Partnership negotiations, at a three-day meeting on the proposed trade accord that wrapped in Sydney on Monday. The lack of progress between the largest TPP ...

Oct 27, 2014

Services producer price index rises 3.5%

The services producer price index rose 3.5 percent in September from a year before, up for the 15th consecutive month, the Bank of Japan said Monday. The index stood at 102.4, against 100 for the base year of 2010, the BOJ said in a ...