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  • TOKYO, April 25- Japanese consumer electronics firm Sony Corp has raised its operating profit estimate for fiscal 2015 to 300 billion yen, or four times its previous estimate, the Nikkei reported on Saturday. Expectations for higher sales of display sensors used in mobile phones and the Playstation gaming console were the reason Sony raised its forecast, the...

  • WASHINGTON, April 24- The White House on Friday dashed hopes of a breakthrough on U.S.- Japan trade when President Barack Obama and Prime Minister Shinzo Abe meet in Washington next week, further delaying a major 12- nation Pacific trade pact. A deal between Japan and the United States is vital to clinching a Trans-Pacific Partnership pact, as their economies...

  • WASHINGTON, April 24- U.S. and Japanese negotiators have made "substantial progress" toward a deal on a major Pacific free-trade pact but President Barack Obama and Prime Minister Shinzo Abe are not expected to announce a final accord during Abe's Washington visit next week, the White House said on Friday. A deal between Japan and the United States is vital to a...

  • PITTSBURGH— A man scammed a South Korean steel company out of $375,000 by claiming he worked with a Japanese talent agency that could help the company book a concert by musician Pharrell Williams, FBI agents in Pennsylvania said. At least one woman lost $185,000 from December 2013 to August 2014 in the scam, the FBI said. The 28- year-old Segbefia used a company he...

  • *Fifty line up at one Tokyo store, more in Berlin. NEW YORK/ TOKYO, April 24- The Apple Watch launched quietly around the world on Friday without the usual frenzy or fanfare for an Apple Inc rollout, as a handful of boutiques in major cities like Tokyo and Paris sold the timepiece- but not for purchase at its own stores. Shops included The Corner in Berlin, Colette in Paris,...

  • France's stake in Renault and influence over Nissan, which is 43.4 percent- owned by the French carmaker and where Ghosn is also chairman and chief executive, has long been a sensitive matter. Nissan holds a reciprocal 15 percent in Renault that is deprived of voting rights, another sore point in Tokyo, where Nissan is deemed to be under its alliance partner's...

  • Business events scheduled for the coming month Friday, 24 Apr 2015 | 1:33 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for April, 10 a.m.; Commerce Department releases construction spending for March, 10 a.m.. WASHINGTON— Commerce Department releases international trade data for March, 8:30 a.m.; Institute for Supply Management releases its service sector index for April, 10 a.m..

  • *Fifty line up at one Tokyo store, more in Berlin. TOKYO, April 24- A small group of Japanese tech-addicts lined up in Tokyo to become the first consumers to buy the Apple Watch from selected stores on Friday, but there was no sign of the frenzy that usually accompanies Apple Inc product rollouts. They include The Corner in Berlin, Colette in Paris, Maxfield in Los...

  • TOKYO, April 24- A group of former top Sony Corp executives has delivered an unusually blunt critique to the firm's chief executive Kazuo Hirai, accusing him of losing sight of innovation by focusing on cost-cutting. At a meeting at Sony's Tokyo headquarters last Thursday, five former executives, including PlayStation creator Ken Kutaragi, took Hirai to task...

  • TOKYO, April 24- The Apple Watch launched globally on Friday with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc's first wearable gadget, but there was no sign of the excitement usually attached to the company's product rollouts. Buyers can take the smartwatch home from a handful of upscale boutiques and department stores, including The...

  • The findings echo results from earlier this week in Reuters surveys of more than 250 economists in Europe and North America who also expect more easing. The Reuters surveys across Asia, which bring the total number of forecasters polled above 300 globally this week, found nearly all central banks in the region, with a few exceptions such as New Zealand and South...

  • SYDNEY/ SINGAPORE, April 24- The dollar nursed losses on Friday after taking a hit from underwhelming U.S. economic data, while the euro found support from signs that cash-strapped Greece was making tentative progress toward securing fresh funding. Helping to support the euro, German Chancellor Angela Merkel said on Thursday everything must be done to prevent...

  • Review: Getting your Apple Watch? Here's how to use it Friday, 24 Apr 2015 | 12:36 AM ET

    NEW YORK— Apple Watches are arriving Friday to the first group of people who had ordered one two weeks ago. Those who haven't ordered one yet will likely face a wait. Maxfield in Los Angeles is carrying the watch, along with boutique and department stores in Paris, London, Tokyo and Berlin and authorized resellers in China and Japan.

  • TOKYO, April 24- Japanese government bond yields hit multi-month lows on Friday as the Bank of Japan's regular debt-buying operation and firmer U.S. Investors took heart after the BOJ bought 2.5 trillion yen of short-term bills in a regular debt-purchasing operation. Uneasiness about Greece and its future in the euro zone have also underpinned safe-haven...

  • TOKYO, April 24- Japan's Nikkei share average looked poised to snap a three-day winning streak on Friday as investors took profits, although energy-related shares outperformed on a rise in crude oil prices and brokers were in favor on strong earnings prospects. "Since the index has risen too fast, a short-term correction is likely," said Hikaru Sato, a senior...

  • TOKYO, April 24- The Apple Watch launched globally on Friday with a small queue of Japanese tech-addicts lining up in Tokyo for Apple Inc's first wearable gadget, but there was no sign of the excitement usually attached to the company's product rollouts. Buyers can take the smartwatch home from a handful of upscale boutiques and department stores, including The...

  • TOKYO, April 24- Japan's government has proposed making nuclear energy account for between 20 and 22 percent of the country's electricity mix by 2030, with renewable energy to account for slightly more, media reported on Friday. It will, however, mark a shift away from nuclear power, which contributed to about 30 percent of Japan's electricity supply before the...

  • GLOBAL MARKETS-Asian shares take cue from Nasdaq record Thursday, 23 Apr 2015 | 8:33 PM ET

    MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent, moving back toward a seven-year intraday high touched in the previous session. On Wall Street overnight the Nasdaq pushed above a record set in March 2000, the height of the dot.com boom. "Clearly the market is pushing back expectations of a Fed hike," Mitul Kotecha, head of FX strategy,...

  • Apple Watch goes on sale worldwide amid supply shortage Thursday, 23 Apr 2015 | 5:04 PM ET

    SAN FRANCISCO, April 23- The Apple Watch goes on sale around the world on Friday, the final stage of a protracted launch of Apple Inc Chief Executive Tim Cook's first new product, capping months of publicity and a frenetic two weeks of pre-orders. Buyers can take the smart watch home from a handful of upscale boutiques and department stores, such as The Corner in...

  • Business events scheduled for the coming week Thursday, 23 Apr 2015 | 1:43 PM ET

    Restaurant Brands International Inc. reports quarterly financial results before the market opens. WASHINGTON— Standard& Poor's releases S&P/Case-Shiller index of home prices for February, 9 a.m.; The Conference Board releases the Consumer Confidence Index for April, 10 a.m.; Federal Reserve policymakers meet to set interest rates. WASHINGTON— Commerce...