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| Aug 25, 2014

Dollar lifted on Yellen speech

The dollar advanced above ¥104 in Tokyo trading Monday, taking heart from remarks by U.S. Federal Reserve Chairwoman Janet Yellen suggesting a possible hike in the Fed’s policy rate target that could come sooner than expected. At 5 p.m., the dollar stood at ¥104.11-12, ...

| Aug 25, 2014

Nikkei bounces back on weaker yen

Stocks staged a rebound Monday, aided by a rise in export-oriented names on the back of a weaker yen. The Nikkei 225 average ended up 74.06 points, or 0.48 percent, at 15,613.25. On Friday, the key market gauge sagged 47.01 points. The Topix climbed ...

Aug 25, 2014

Japan flat-panel TV shipments up 5.2% in July

Shipments of flat-panel television sets in July increased 5.2 percent from a year before to 395,000 units, up for the second consecutive month, an industry group said Monday. Shipments of TVs with screen sizes of 50 inches or larger jumped 33.4 percent to 48,000 ...

Aug 25, 2014

Cyberattack shuts down Sony's online music, game network

Sony Corp. said its Sony Entertainment Network online game and music distribution service suffered a cyberattack and was rendered unavailable globally. The number of users of the service totaled more than 150 million worldwide at the end of last September. The service was hit ...

Aug 25, 2014

Roche said to have decided against bidding for rest of Chugai

Roche Holding AG decided against bidding for the almost 40 percent of drugmaker Chugai Pharmaceutical Co. that it doesn’t already own and is instead focused on its $8.3 billion acquisition of InterMune Inc., according to a person familiar with the matter. As it worked ...

Aug 24, 2014

McDonald's confronts its junk food image

by Candice Choi

At a dinner McDonald’s hosted for reporters and bloggers, waiters served cuisine prepared by celebrity chefs using ingredients from the chain’s menu. A Kung Pao chicken appetizer was made with Chicken McNuggets doused in sweet and sour sauce and garnished with parsley. Slow-cooked beef ...

Ice bucket challenge may change nonprofit world

| Aug 23, 2014

Ice bucket challenge may change nonprofit world

The ice bucket challenge’s phenomenal success is making other charitable organizations rethink how they connect with a younger generation of potential donors. Since the ALS Association began tracking the campaign’s progress on July 29, it has raised more than $53.3 million from 1.1 million ...