Japanese equities soared almost 60 percent in 2013. Jeremy Schwartz, WisdomTree Asset Management, explains why he likes Japan.» Read More
SHANGHAI/ BEIJING, April 20- Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model.
*Japan, U.S. say big differences remain on key issues. *Negotiators meet again on Monday before U.S.- Japan summit. Breaking a U.S.- Japan deadlock over access to Japan's farm and auto markets is seen as key to finalising the Trans-Pacific Partnership, a 12- nation trade bloc that would stretch from Asia to Latin America.
SENIOR ADMINISTRATION OFFICIAL NOT LOOKING TO CONCLUDE AGREEMENT ON TRADE IN TOKYO, IT'S AN ONGOING EFFORT.
Talks between the U.S. and Japan are making progress and will resume again on Monday, Japan's economy minister said.
Two of Japan's largest banks have stepped back from Russia in recent weeks, bankers and executives told the Financial Times.
Markets in Europe, the U.S. and many countries in Asia were closed for the holiday. On Thursday, global stocks were subdued after Google and IBM reported weak results, even though General Electric was optimistic and Goldman Sachs and Morgan Stanley beat expectations.
TOKYO, April 18- Core consumer prices in Tokyo, a leading indicator of nationwide inflation, probably rose the most in 22 years in April after an increase in Japan's sales tax drove up prices across the board, a Reuters poll showed on Friday.
U.S.-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said.
*U.S. willing to let Japan keep some farm tariffs- Japan media. WASHINGTON/ TOKYO, April 18- U.S.- Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said, as negotiators struggle to narrow gaps ahead of a summit between the countries' leaders.
Vice President Joe Biden on topics including the situation in Ukraine and trade negotiations, an Obama administration official said.
*Safe-haven bids on yen unwound on hopes for Ukraine initiative. TOKYO, April 18- The yen slipped to 10- day lows against the dollar on Friday after speculators unwound some safe-haven trades following upbeat U.S. economic data and on hopes for a diplomatic initiative seeking an end to violence in Ukraine.
Gox, once the world's biggest bitcoin exchange, is likely to be liquidated after a Tokyo court dismissed the company's bid to resuscitate its business, the court appointed administrator said on Wednesday.
The Wall Street Journal had earlier reported that Mt. Gox had given up plans to rebuild under bankruptcy protection and had asked a Tokyo court to allow it to be liquidated. Gox and revive it, has received backing from many creditors and hopes to convince the court to reconsider their rehabilitation proposal, the Wall Street Journal reported on Thursday.
OKUMA, Japan, April 18- The manager of the Fukushima nuclear power plant admits to embarrassment that repeated efforts have failed to bring under control the problem of radioactive water, eight months after Japan's prime minister told the world the matter was resolved.
*Signs of diplomacy seen to ending violence in Ukraine. NEW YORK, April 17- The yen fell on Thursday as efforts toward finding a diplomatic solution to ending violence in eastern Ukraine prompted traders to trim safe-haven yen holdings ahead of the Easter holiday weekend.
VIENNA, April 17- Iran has acted to cut its most sensitive nuclear stockpile by nearly 75 percent in implementing a landmark pact with world powers, but a planned facility it will need to fulfil the six-month deal has been delayed, a U.N. report showed on Thursday.
LONDON, April 17- The dollar fell against a basket of currencies on Thursday after Federal Reserve Chair Janet Yellen reiterated an accommodative monetary policy stance in comments.
TOKYO/ SINGAPORE, April 17- Iran's crude oil exports fell for the first time in five months in March, and are slated to drop further in April, moving closer to the levels stipulated by November's temporary nuclear deal that eased some sanctions on Tehran.
RIZHAO, China, April 17- Chinese buyers may default on a further 1.2 million tonnes of soybeans worth about $900 million being shipped from the United States and South America, to avoid incurring huge losses in a depressed local market, the country's top soy buyer said.
LONDON, April 17- The dollar fell against a basket of currencies on Thursday after Federal Reserve chief Janet Yellen reiterated an accommodative monetary policy stance in comments which gave the euro and the yen a lift.