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May 27, 2016

Curbs on excessive liquor discounts enacted in Japan

The Diet enacted legislation on Friday to tighten regulations on excessive discounts on liquor. Amendments to the Liquor Tax Act and the Act on Securing of Liquor Tax and on Liquor Business Associations were approved at a plenary meeting of the Upper House. The ...

May 27, 2016

Jury sides with Google against Oracle in battle over Android software

Google’s Android software just dodged a $9 billion bullet. A federal jury found Thursday that Google didn’t need permission to use a rival’s programming tools as it built Android — now the world’s leading smartphone operating software and a key part of Google’s multibillion ...

May 26, 2016

Fully automated vehicles excluded from tests on Japan's public roads

The first guidelines on public road tests of self-driving vehicles, released Thursday by the National Police Agency, exclude fully automated cars without a steering wheel or driver. The NPA’s recommendations say tests should be conducted with cars that have a driver behind the wheel ...

| May 26, 2016

Buybacks bring dollar to ¥110

Thanks to a bout of buybacks, the dollar recouped most of its early losses to move around ¥110 in Tokyo trading late Thursday. At 5 p.m., the dollar stood at ¥110.02-03, almost unchanged from ¥110.03-03 at the same time Wednesday. The euro was at ...

Takata taps asset management firm Lazard to help recall woes

May 26, 2016

Takata taps asset management firm Lazard to help recall woes

Money-losing Takata Corp. hired financial advisory and asset management firm Lazard on Thursday to help it tackle financial and other problems amid the company’s massive air bag recalls. Takata air bags can deploy with too much force, spewing shrapnel into the vehicle. They are ...

Seven & I shareholders approve Ryuichi Isaka as chief to lead growth

May 26, 2016

Seven & I shareholders approve Ryuichi Isaka as chief to lead growth

Seven & I Holdings Co. will focus on revamping the world’s largest convenience store operator and boost value for shareholders, new President Ryuichi Isaka said after shareholders Thursday approved his appointment following weeks of boardroom drama. Shareholders voted to approve the promotion for Isaka, ...