Frank Lavin, CEO at Export Now, discusses the issue of agriculture and auto subsidies between Japan and the U.S. amid negotiations of the Trans-pacific Partnership (TPP).» Read More
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.
TOKYO, April 17- The Bank of Japan maintained its upbeat view on most of the country's regional economies, adding to reassurances from its governor that the world's third-largest economy can ride out the pain from a sales tax hike without additional stimulus.
TOKYO, April 17- Sompo Japan Insurance and Nipponkoa Insurance, already run as one entity ahead of their merger in September, plan to invest "tens of billions of yen" in new areas such as energy, environment and infrastructure, mainly through private equity funds, company officials said.
HONG KONG— World stocks were subdued Thursday ahead of a long weekend for many markets, with Japan's Nikkei faltering as investors locked in profits after a strong rally.
TOKYO/ SYDNEY, April 17- The yen bounced back from a one-week low against the dollar on Thursday, with investors taking their cues from recently volatile Japanese equities, though activity was thin as investors wound down trading ahead of the Easter holidays.
TOKYO, April 17- Japanese government bond prices were little changed on Thursday, reflecting the absence of catalysts with Tokyo equities held to a narrow range after the previous session's surge.
Why high oil prices are actually good for airlines. NEW YORK— Airline executives frequently complain about fuel costs, but higher prices actually have been good for business. The average cost of a roundtrip domestic ticket grew to $378.62 from $351.48 in the last five years, when adjusted for inflation.
TOYOTA CITY, Japan/ IRVINE, Calif., April 17- In 1997, Toyota caught its competitors by surprise with the revolutionary Prius, the first commercially successful gasoline-electric hybrid car. Toyota Motor Corp will next year launch a hydrogen-powered car in the United States, Japan and Europe.
NEW YORK, April 16- The dollar rose to the highest level in a week against the yen on Wednesday on signs of future buying of Tokyo stocks by Japan's state pension fund, but edged lower against the euro on traders' view that the Federal Reserve is maintaining a dovish stance.
NORTHBROOK, Ill.— The U.S. Justice Department announced Wednesday that an Illinois- based pharmaceutical company will pay $7.3 million to resolve allegations involving the marketing of the drug Mycamine. Northbrook- based Astellas Pharma US Inc. manufactures and sells Mycamine, which is used to treat invasive fungus infections.
April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.
NEW YORK, April 16- The dollar edged lower against the euro for the first time in four trading sessions on Wednesday ahead of Federal Reserve Chair Janet Yellen's comments, but rose against the yen on signs of future buying of Tokyo stocks by Japan's state pension fund.
*Japan finmin upbeat on economy, hints pension fund may act. LONDON, April 16- The yen fell against the dollar and the euro on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of future buying of Tokyo stocks by its state pension fund.