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| Dec 19, 2014

Dollar rises above ¥119 in Tokyo

The dollar rose above ¥119 in Tokyo trading on Friday, as higher equity prices in and outside the country helped boost investors’ risk appetite. At 5 p.m., the dollar was quoted at ¥119.15-18, up from ¥118.68-69 at the same time on Thursday. The euro ...

Dec 19, 2014

BOJ resumes upbeat spin, nixes need for more easing

The Bank of Japan on Friday struck a more upbeat view of the world’s number three economy, saying exports were showing signs of picking up while factory output has started to bottom out. The comments came after policymakers wrapped up a two-day meeting where ...

Author Coelho offers to buy Sony's North Korea flick

Dec 19, 2014

Author Coelho offers to buy Sony's North Korea flick

Brazilian author Paulo Coelho offered Thursday to pay Sony $100,000 for rights to “The Interview,” protesting the company’s decision to scrap the North Korean parody film amid chilling threats from hackers. Sony Pictures canceled the Dec. 25 release of the film after major theater ...

Dec 19, 2014

Takata air bag crisis may spur maintenance changes in Japan

Takata Corp.’s air bag crisis could spur changes in how car owners maintain their vehicles, with Japan’s automakers discussing whether drivers should regularly replace the chemicals used to inflate the safety devices. Drivers may need to start having chemicals in their air bags swapped ...

Dec 19, 2014

Google planning built-in Android system for cars

Google is laying the groundwork for a version of Android that will be built directly into cars, sources said, allowing drivers to enjoy all the benefits of the Internet without even plugging in their smartphones. The move is a major step up from Google’s ...

Dec 19, 2014

U.S. regulators label MetLife as potential financial system threat

Major insurer MetLife Inc. says U.S. regulators have labeled it as a potential threat to the financial system, a designation that brings stricter government oversight. MetLife said Thursday that the Financial Stability Oversight Council has designated the company as “systemically important.” As a result, ...

Dec 19, 2014

Rosneft may delay Arctic wells on sanctions as it turns to Asia

OAO Rosneft may delay Arctic exploration wells as Russia’s biggest oil company seeks alternatives to technology it has lost access to because of sanctions imposed on the country by the U.S. and Europe over the Ukraine conflict. “We have to adapt and find alternative ...

Dec 19, 2014

Takata issues apology ad in U.S., Germany but not in Japan

Takata Corp. issued an apology advertisement in U.S. and German newspapers on Thursday, as the Japanese auto parts supplier has been embattled due to global recalls over its potentially defective air bags. But Takata did not issue such an apology in Japan, even as ...