Jul 23, 2014

Apple profit climbs along with iPhone sales

Apple on Tuesday reported that its quarterly profit climbed with strong iPhone demand, but a decline in iPad tablet sales put a damper on its results. The California-based company posted a profit of $7.7 billion on revenue of $37.4 billion in the three months ...

Jul 9, 2014

Recreational pot goes on sale in Washington state

Washington on Tuesday became the second U.S. state to allow people to buy marijuana legally without a doctor’s note as eager customers who lined up outside stores made their purchases and savored the moment. People began buying marijuana at 8 a.m. at Top Shelf ...

May 22, 2014

Tepco to jump into markets outside Tokyo

Tokyo Electric Power Co. plans to start moving into other markets in October as Japan prepares to liberalize its electricity market in 2016, officials of the beleaguered utility said Thursday. Tepco, the nation’s largest utility, will initially make forays into the western and central ...

Beer sales take limited tax-hike hit

May 14, 2014

Beer sales take limited tax-hike hit

Shipments of beer and related brewed drinks fell by 21 percent in April compared with a year earlier, to 29.4 million cases, data showed Wednesday. It was the biggest decline for any month since records began, in 1992, and it was the weakest ever ...

Mar 24, 2014

February supermarket sales gain 1.5% to ¥965.5 billion

Sales at supermarkets in February rose 1.5 percent from a year earlier on a same-store basis, up for the first time in three months, an industry group said Monday. Total sales at 9,174 outlets run by 59 companies came to ¥965.5 billion, the Japan ...

Nissan releases all-new Teana

Feb 5, 2014

Nissan releases all-new Teana

Nissan Motor Co. launched the third generation of the Teana sedan in the domestic market Wednesday, featuring enhanced comfort for long road trips and crash avoidance support technologies. The new Teana, equipped with a 2.5-liter engine, has been developed as a global strategic model ...

Feb 4, 2014

Panasonic profit beats analyst estimates

Panasonic Corp. posted third-quarter profit that beat analysts’ estimates as the television maker stops making plasma sets to speed up reforms and recover from back-to-back annual losses. Net income rose 20 percent to ¥73.7 billion in the three months that ended Dec. 31, the ...

Gold bar sales balloon as inflation hedge

Jan 23, 2014

Gold bar sales balloon as inflation hedge

Gold sales by Japan’s biggest bullion retailer surged 63 percent to a five-year high as prices slumped and investors sought refuge from Prime Minister Shinzo Abe’s campaign to stoke inflation and weaken the yen. Sales of bars to local investors by Tanaka Kikinzoku Kogyo ...

Dec 15, 2013

Release of 2014 sales plan delayed

Toyota Motor Corp. has delayed the release of its annual production and sales plan until next month to study how recently decided tax reforms for fiscal 2014 will impact automobile taxes, industry sources said Saturday. The automaker has also rescheduled to January its presentation ...

Oct 16, 2013

Tokyo-area new condos for sale up 77% in September

The number of new condominiums put up for sale in the greater Tokyo area surged 77.3 percent in September from a year earlier to 5,968 units, a research institute said Wednesday. Of the new condos in Tokyo, Chiba, Kanagawa and Saitama prefectures, 83.5 percent ...