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Jun 24, 2016

Taiwan's China Airlines announces strike, disrupting flights to Japan

Taiwan-based China Airlines cancelled some flights to Asia, including Japan, on Friday as its union commenced an “indefinite” strike late Thursday after negotiations with management broke down. China Airlines announced on its website that beginning Friday, all flights departing between 6 a.m. and 10 ...

Jun 24, 2016

Activist short-seller Glaucus ready to take on Japan

Activist short-seller Glaucus Research Group says it’s planning to target Japan Inc. The U.S.-based investor is investigating a couple of Japanese companies and plans to publish reports on them in about four or five weeks, Soren Aandahl, director of research, said in an interview ...

Jun 24, 2016

NTT Docomo claims $1.17 billion ruling in stake dispute with Tata

NTT Docomo Inc. said a panel awarded the company $1.17 billion in compensation after arbitrators sided with Japan’s largest mobile-phone carrier in a dispute with India’s Tata Sons Ltd. Tata Sons, the holding company of India’s largest conglomerate, has been ordered by the London ...

Cosmetics firm Shiseido rolls out smile-rating app

Jun 23, 2016

Cosmetics firm Shiseido rolls out smile-rating app

How do you know if you’ve got that winning smile? There’s an app for that. Japanese cosmetics firm Shiseido says it has come up with a system to rate a person’s smile by measuring facial movements. Users look into a tablet device with the ...

Jun 23, 2016

GPIF sues Toshiba for losses over accounting scandal

Japan’s $1.3 trillion Government Pension Investment Fund is suing Toshiba Corp. for losses on its investments after an accounting scandal sent the conglomerate’s shares plunging. GPIF is seeking damages of about ¥900 million, said Shinichirou Mori, a spokesman for the fund. The losses related ...

Jun 23, 2016

Dollar below ¥104.50 on Brexit jitters

The dollar drifted around ¥104.40 in Tokyo trading Thursday as a nervous atmosphere prevailed on the day of Britain’s historic referendum on whether to leave or remain in the European Union. At 5 p.m., the dollar stood at ¥104.43-43, against ¥104.39-39 at the same ...