Japan, Germany warn Mnuchin amid G-20 fears of currency policy shift

Within hours of being sworn in, U.S. Treasury Secretary Steven Mnuchin’s counterparts from Tokyo to Berlin started telegraphing warnings to him: Please don’t call the yen weak. Be careful how you talk about cutting financial regulations — Europe is listening. As President Donald Trump waited a few weeks for the ...

| Feb 20, 2017

Tokyo stocks rebound moderately

Stocks turned slightly higher on the Tokyo Stock Exchange on Monday as the yen lost some of its early strength. The 225-issue Nikkei average gained 16.46 points, or 0.09 percent, to close at 19,251.08. On Friday, the key market gauge lost 112.91 points. The ...

New Zealand judge upholds ruling on extraditing Kim Dotcom to U.S.

Feb 20, 2017

New Zealand judge upholds ruling on extraditing Kim Dotcom to U.S.

A New Zealand judge on Monday upheld an earlier court ruling that flamboyant internet entrepreneur Kim Dotcom and three of his colleagues can be extradited to the U.S. to face criminal charges. The decision comes five years after U.S. authorities shut down Dotcom’s file-sharing ...

Feb 20, 2017

Apple's upcoming iPhone release keeping Foxconn unit vibrant

Growing optimism about the next iPhone has propelled Apple Inc. to record highs. Halfway around the globe, a lesser-known Taiwanese company is riding that same wave of euphoria. Hon Hai Precision Industry Co., the main assembler of the U.S. company’s smartphones, has gained 29 ...

Feb 20, 2017

Tepco, Chubu Electric may integrate thermal power biz in 2018

Tokyo Electric Power Company Holdings Inc. and Chubu Electric Power Co. are considering integrating their thermal power generation business in fiscal 2018, a report said Monday. Tepco, an embattled utility facing the gigantic cost of dealing with the nuclear crisis at the Fukushima No. ...