Koji Endo, Managing Director at Advanced Research Japan, discusses how sales in Japan and recall incidents will impact Honda's first quarter results due for release on Tuesday.» Read More
With PlayStation network, Sony goes back to the future in search of revival. TOKYO- Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster- the PlayStation.
*Japan jobs-applicants ratio hits 22- year high. TOKYO, July 29- Job availability in Japan hit its highest in 22 years in June as companies grew more confident about hiring, and household spending rebounded modestly- reinforcing expectations economic recovery will resume in the third quarter without the need for additional stimulus from the central bank.
*Dollar index holds near six-month peak, euro eight- month trough. SYDNEY/ SINGAPORE, July 29- The dollar held steady near a six-month peak against a basket of major currencies on Tuesday, as investors kept to the sidelines ahead of a policy review by the Federal Reserve.
Japan jobs-applicants ratio hits 22- year high. By Stanley White and Tetsushi Kajimoto. TOKYO, July 29- The availability of jobs in Japan held at its highest in more than two decades, official data showed, while news of rising household spending suggested consumers were shrugging off April's sales tax hike.
Izumi Devalier, Japan Economist at HSBC, warns that the government may introduce another fiscal stimulus package if economic activity doesn't pick up in July.
Takuji Okubo, Principal & Chief Economist at Japan Macro Advisors, says Japanese consumers aren't seeing sufficient wage increments to cope with rising inflation and April's sales tax hike.
SHANGHAI/ HONG KONG, July 29- With green-tea flavoured toothpaste and pickled plum juice, an army of Chinese retailers is tapping local tastes to whittle away market share from global rivals that are banking their future growth on the world's second-largest consumer market.
But Romania ranks as the European Union's second-poorest state and among the weakest in collecting taxes and fighting fraud, making it poorly equipped to manage the bitcoin.
YOKOHAMA, Japan, July 28- Nissan Motor Co Ltd aims to boost sales and profitability in the United States, its biggest market, an executive said, after Japan's No.2 automaker posted a 14 percent rise in quarterly U.S. sales, closing in on rival Honda Motor Co.. It surpassed Hyundai Motor Co and is closing in on Honda, whose sales fell 0.8 percent during the same period.
TOKYO— Japan is imposing more sanctions against Russia over its support for pro- Moscow rebels in Ukraine who are accused of shooting down a Malaysian jet, the chief government spokesman said Monday.
YOKOHAMA, Japan, July 28- Nissan Motor Co's operating profit rose a higher-than-expected 13.4 percent in the April-June quarter on improved sales in the United States and China, its two largest markets, following a change in senior management overseeing U.S. operations.
TOKYO— Nissan's quarterly profit rose nearly 37 percent, helped by a favorable exchange rate and healthy sales in North America and China. Nissan's vehicle sales grew in the robust North American market, on solid demand for the Rogue crossover and the Altima sedan, offsetting shaky Japan, where a rise in the consumption tax dampened sales overall.
LONDON, July 28- The U.S. dollar hovered near six-month highs against a basket of major currencies on Monday, with data and policy releases this week set to determine whether its strongest week since March last week prefaces a broader move higher. The euro had stabilised a touch in an Asian session weakened by a holiday in Singapore.
TOKYO/ SYDNEY, July 28- The U.S. dollar hovered near six-month highs against a basket of major currencies on Monday, holding onto solid gains made last week as investors turned bearish on the euro.
TOKYO, July 28- Japan's Nikkei average rose to six-month highs on Monday, and looked poised to test key resistance levels around 15,500 points, on hopes of continued improvement in corporate earnings. 0.5 percent at 15,530.29, its highest level since Jan. 23, reversing early losses that followed Friday's weakness on Wall Street.
*China stocks gain after jump in industrial firm profits. TOKYO, July 28- Asian stocks shrugged off a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world's second-largest economy.
TOKYO, July 28- Asian stocks dipped in early trade on Monday after disappointing earnings hit Wall Street, while the dollar hovered near six-months peaks against a basket of major currencies.
From China's twin factory data to a raft of corporate earnings, CNBC's Pauline Chiou highlights what will drive markets this week.
*South Korea, Japan refiners to take first two U.S. cargoes. *Iran condensate exports to China made at deep discounts. While buyers in Japan and South Korea have been willing to trial a U.S. grade of the super-light crude known as condensate, China has already locked in annual contracts with Tehran and is not expected to take any U.S. oil in the short-term.
NEW YORK— Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry. Faulty air bags have already been blamed for the recall of millions of cars around the world in recent years, including those made by BMW, Chrysler, Ford, Honda, Mazda and Toyota.