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Japan Passes $50 Billion Disaster Budget

On Monday, Japan’s parliament passes a $50 billion emergency budget for disaster relief after the March 11 earthquake and tsunami. It’s just a down payment on what will be the … Mehr»

Japanese Entrepreneur Takafumi Horie Heads to Jail

Once touted as a symbol of a new, dynamic Japan, 38-year-old entrepreneur Takafumi Horie is now heading to jail. Known for his celebrity lifestyle and aggressive takeover bids, Horie rattled … Mehr»

iPad 2 Makes Delayed Japan Debut

Apple’s iPad 2 finally landed in Japan on Thursday (April 28), a month behind the originally scheduled arrival date due to last month’s earthquake. Still, the Japanese are among the... Mehr»

77 Million PlayStation Accounts Hacked

Sony is the latest Japanese company facing criticism for its delay in disclosing a massive security breach of private customer data. The company said late on Tuesday that personal and … Mehr»

Sony Unveils Two Android-based Tablet Computers

Latecomer Sony unveiled its first tablet computers Tuesday, taking a crucial step toward its ambitious goal of becoming the world’s second biggest tablet maker after Apple. Even as rivals pushed... Mehr»

Gold, KOSPI at Record Highs

The Australian dollar scaled 29-year peaks and South Korean shares touched a new record high on Monday, suggesting appetite for risk has not disappeared. Gold prices climbed to a new … Mehr»

Manufacturers in India Ramping Up Operations

Before India opened up its economy, this was a rarity. Fast-forward 20 years, and this factory outside of New Delhi is pumping out a new color TV every few seconds. … Mehr»

Global Carmakers Woo Chinese Consumers at Shanghai Auto Show

Concept cars, global launches, indigenous brands and electric vehicles are all set to grab the attention of Chinese consumers during the Shanghai Auto Show. Top automakers globally are focused on... Mehr»

Nissan Recalls 5,000 Leaf Vehicles, Shares Fall

Shares of Nissan underperformed the broader market Monday, after the Japanese automaker said it would recall its Leaf electric vehicles. Nissan was the biggest loser among Japan’s top three... Mehr»

Japan Stocks End Marginally Lower

Japan’s Nikkei stock average fell in thin trade on Friday, with chip stocks leading losses after ratings downgrades. Disappointing U.S. jobs data, concerns of further Chinese tightening, and the... Mehr»

Japan’s Corporate Confidence Plunges

Nearly two-thirds of Japan’s companies have been negatively affected by the country’s massive earthquake and tsunami. Disrupted production and supply chains are the key problems, which... Mehr»

Japan Downgrades Economic Outlook

Japan lowered its economic outlook for the first time in six months, saying last month’s devastating quake and tsunami would continue hurting the economy for some time. The Japanese government... Mehr»

South Korean Farmers Rally Against Free Trade Deal with EU

More than a thousand South Korean farmers rallied in Seoul on Tuesday urging the government to stop pursuing a free trade deal with the European Union. They’re concerned that an … Mehr»

Downgrade Hits Japan’s Auto Sector

Japanese automakers fell across the board on the Tokyo Stock Exchange Monday, after Citigroup slashed its rating on the country’s auto sector. Citing lingering production uncertainty after the... Mehr»

Japan’s Nikkei Ends Week on High Note

Japan’s benchmark Nikkei average ended the week on a high note, closing up 1.85 percent at 9,768.08 on Friday, while the broader Topix gained 1.43 percent to 853.13. The Nikkei … Mehr»

ASEAN Finance Ministers Meet in Bali, Indonesia

ASEAN finance ministers gathered for a two-day meeting in Indonesia’s resort island of Bali on Thursday. They’ll discuss issues such as capital inflows, taxation, food security and the ASEAN... Mehr»

Australia Defends ASX-SGX Rejection

Australia is facing growing criticism over its move to block a proposed takeover of its national stock exchange operator (ASX) by the Singapore exchange (SGX). Critics call the decision a … Mehr»

Japan Stocks Slip, TEPCO Hits New Low

Japanese stocks fell on Tuesday, with the Nikkei average ending at 1.06 percent at 9615.55. The Tokyo Electric Power Company fell to an all-time low as workers battled to contain … Mehr»

Nissan in Taiwan to Run Radiation Checks on Japan-made Auto Parts

According to a Taiwanese Nissan affiliate announcement on Tuesday, Nissan Motor will begin radiation checks on all car parts imported from Japan on April 1st. The move is attempt to … Mehr»

Tokyo Stock Market Ends Down as Nuclear Concerns Loom

Japan’s Nikkei average slips, as investors remain wary over developments at a quake-smashed nuclear plant in the north. The benchmark Nikkei average closed down 0.60 percent at 9,478.53 on... Mehr»
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