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Jul 9, 2014

WTO heavyweights to launch tariff talks on green goods

Japan and 13 other members of the World Trade Organization said Tuesday that they will start negotiations to cut tariffs on green products such as wind turbines and solar panels. The 14 countries and regions, which includes the United States, the European Union and ...

Jul 9, 2014

U.S. man's potato salad crowd-funding effort takes off

A man who jokingly sought $10 to pay for his first attempt at making potato salad has raised more than $37,000 from a crowd-funding Internet site. Zack “Danger” Brown, of Columbus, says he is now considering throwing a huge public potato-salad party with the ...

Jul 8, 2014

Narita airport shopping mall remodeled

New stores and eateries opened Tuesday at Narita International Airport, signaling the end to renovations of the shopping area at Terminal 1. According to Narita International Airport Corp., the airport’s operating company, the large-scale refurbishment that started in early March was aimed at “bringing ...

| Jul 8, 2014

Dollar declines to below ¥102

The dollar fell below ¥102 in Tokyo trading Tuesday, reflecting stock price drops and an overnight fall in U.S. long-term interest rates. At 5 p.m., the dollar stood at ¥101.80-81, down from ¥102.04-05 at the same time Monday. The euro was at $1.3591-3591, against ...

Jul 8, 2014

Progress made on labor rights issues at Ottawa TPP meeting

Officials from the 12 countries involved in the Trans-Pacific Partnership have made significant progress on the issue of establishing rules for labor rights protection at their ongoing meeting in the Canadian capital, a Japanese official said. Under the TPP initiative, the 12 countries are ...

Jul 8, 2014

Odds fall on USJ casino ambition

by Eric Johnston

As Osaka moves forward with plans to build an integrated resort complex in the hope that the Diet will soon legalize casinos, the future role of the Universal Studios Japan theme park remains unclear. Management is in a long-running dispute with Osaka municipal officials ...

Jul 8, 2014

Toyota mulling raising prices in emerging markets

Toyota Motor Corp. is considering raising vehicle prices in emerging markets to offset the impact of weakening local currencies, according to a source. Depreciating currencies in Brazil and other growth markets on the back of the tapering of U.S. monetary stimulus are eating into ...

| Jul 8, 2014

Nikkei drops on overheating worry

Stocks lost ground for the second straight session Tuesday on selling amid a persistent sense of market overheating. The Nikkei 225 average closed down 65.03 points at 15,314.41. On Monday, the key market gauge sagged 57.69 points. The Topix lost 4.17 points to end ...

Jul 8, 2014

Sony to solicit employees for early retirement

Sony Corp. will solicit applicants for early retirement from its corporate planning and finance sections at its Tokyo headquarters starting in August as it restructures and cuts costs, sources said Tuesday. The program is part of a reform plan unveiled in February that includes ...