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Japan an alluring target for Standard Bank ATM thieves

Criminals who stole millions of dollars from automatic teller machines across Japan in a three-hour spree probably chose the country because banks consider it a low fraud risk, security experts say. The gang used counterfeit Standard Bank credit cards to withdraw ¥1.4 billion in 14,000 transactions from ATMs at 7-Eleven ...

| May 25, 2016

Dollar firmer above ¥110 in Tokyo

The dollar gained ground to rise above ¥110 in Tokyo trading on Wednesday, chiefly aided by higher stock prices in Japan and abroad. At 5 p.m., the dollar stood at ¥110.03-03, up from ¥109.53-53 at the same time Tuesday. The euro was at $1.1145-1146, ...

May 25, 2016

Toyota to invest in Uber, offer leasing to drivers

Toyota Motor Corp. said it is making a strategic investment in Uber Technologies Inc. as automakers race to align themselves with the fast-growing ride-hailing industry. The companies will also work together on offering auto leases to Uber drivers. The investment is small, and Toyota ...

Sony climbs as games outlook makes up for earthquake damage

May 25, 2016

Sony climbs as games outlook makes up for earthquake damage

Sony Corp. shares rose as investors ignored a weak profit forecast, looking instead to the company’s long-term prospects in entertainment and sensors needed for driverless cars and other emerging products. In New York, shares rose even after the company issued an annual profit outlook ...

May 25, 2016

Toyota to build new plant in Malaysia

Toyota Motor Corp. said Wednesday it will build a new plant in Malaysia to meet the future domestic vehicle demand expected to increase in line with the country’s economic growth. Toyota plans to start operations at the new plant in early 2019, with its ...

May 24, 2016

China in 'preliminary' deal for Sudan's first atomic plant

A Chinese state-owned company has signed a “preliminary” deal with Sudan to build the east African country’s first nuclear power plant, an official in Khartoum said on Tuesday. The China National Nuclear Corporation (CNNC) signed a memorandum of understanding with the electricity ministry on ...