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Oct 21, 2014

KDDI, Gree team up for smartphone games

Major mobile phone carrier KDDI Corp. and mobile game site operator Gree Inc. said Tuesday they have formed a business alliance to support Japanese and overseas game developers. Under the collaboration, the two companies plan to release a new game developed by Tokyo-based Trifort ...

Oct 21, 2014

September supermarket sales down for sixth month

Supermarket sales fell 1.0 percent in September from a year earlier on a same-store basis, declining for the sixth consecutive month following the April consumption tax hike, an industry body said Tuesday. Sales at 9,262 stores operated by 60 supermarket chains totaled ¥1.016 trillion, ...

Oct 21, 2014

Apple profits jump 13% on back of strong iPhone 6 sales

The new big-screen iPhones helped propel Apple’s profit and revenue in the past quarter, as the California tech giant delivered stronger-than-expected results. Profit rose 13 percent to $8.5 billion, as revenues jumped to $42.1 billion in the fiscal fourth quarter ending September 27, the ...

Oct 21, 2014

U.S. stocks end higher despite drag from IBM

U.S. stocks ended higher on Monday on investor hopes for a strong earnings season, but IBM’s disappointing results limited gains. Earnings reports from Halliburton, Gannett Co., and others, helped ease the worries over global growth and falling commodity prices that last week helped drive ...

| Oct 20, 2014

Greenback moves above ¥107 in Tokyo

The dollar kept rising to retake ¥107 in Tokyo on Monday as market players became less risk-averse following stronger than expected U.S. economic data. At 5 p.m., the dollar was at ¥107.06-07, up from ¥106.42-43 at the same time Friday. The euro stood at ...

Oct 20, 2014

Casino legalization delay likely, Komeito official says

The plan to legalize casino gambling has likely been delayed again, a senior Komeito official said Monday, dealing a further political blow to Prime Minister Shinzo Abe. Casino operators such as Las Vegas Sands, Genting Singapore, MGM Resorts and Melco Crown Entertainment are waiting ...