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Toshiba nearing Bulgaria nuclear reactor deal

Jul 3, 2014

Toshiba nearing Bulgaria nuclear reactor deal

Toshiba Corp. is close to striking a deal to build a nuclear reactor for a Bulgarian state-owned utility firm for about ¥500 billion, company sources said Thursday. The Japanese firm plans to build the reactor with output capacity of around 1.1 million kilowatts through ...

Jul 2, 2014

More small and midsize firms raising basic pay

Twenty-nine percent of small and medium-size enterprises have raised basic pay this business year, up from 11.4 percent last year, the government said Wednesday. The increase, though far smaller than the 44.4 percent of large companies offering better pay, indicates that wage hikes to ...

Jul 2, 2014

Apple releases iPad with no SIM lock in Japan

The Japanese unit of Apple Inc. has released iPad tablet computers free of subscriber identity module locks to allow users to choose their own mobile carriers. Users of the lock-free iPad, available at Apple stores and online, are able to use their devices overseas ...

Jul 2, 2014

Microsoft Japan says it can get 50 percent of tablet market

Microsoft Japan Co. President Yasuyuki Higuchi said Wednesday the company believes it can corner 50 percent of the Japanese market for tablet computers. The company recorded a 30.1 percent share of the market in the first three months of this year, up from 10.1 ...

Jul 2, 2014

Japan gasoline prices up for 10th week

The average retail price of regular gasoline rose ¥1.0 from a week earlier to ¥168.4 per liter as of Monday, up for the 10th straight week, the Natural Resources and Energy Agency said Wednesday. Gasoline prices rose in 46 of the 47 prefectures. Only ...

| Jul 2, 2014

Dollar hovers around ¥101.50

The dollar moved narrowly around ¥101.50 in Tokyo trading Wednesday ahead of major economic events Thursday. At 5 p.m., the dollar was quoted at ¥101.49-50, little changed from ¥101.50-52 at the same time Tuesday. The euro stood at $1.3670-3674, down from $1.3692-3692, and at ...

Sony completes sale of PC business, splits TV operation

Jul 2, 2014

Sony completes sale of PC business, splits TV operation

Sony Corp. has completed the sale of its Vaio personal computer business to a Tokyo-based investment fund and split its television operation as it restructures to turn around its flagging electronics business. Sony’s Vaio-brand PC business in Japan was transferred to a company named ...

Jul 2, 2014

Singapore eases import ban on Fukushima products

Singapore eased at the end of June its import ban on food from Fukushima Prefecture, home to Tokyo Electric Power Co.’s disaster-crippled nuclear power plant, Japan’s Agriculture, Forestry and Fisheries Ministry has said. The government of Singapore approved the restart of imports of food ...

| Jul 2, 2014

Nikkei follows Wall Street higher

Stocks advanced Wednesday, helped by purchases on the back of higher U.S. equities and the yen’s weakness. The Nikkei 225 average closed up 43.77 points at 15,369.97. On Tuesday, the key market gauge climbed 164.10 points. The Topix gained 4.70 points to close at ...