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  • TOKYO, July 1- Toyota Motor Corp said on Wednesday Julie Hamp, its first female managing offer, had resigned following her arrest last month on suspicion of illegally importing the painkiller oxycodone into Japan. Hamp was arrested on June 18 after customs officials found tablets of oxycodone in a parcel shipped to her from the United States.

  • TOKYO— Toyota says US executive arrested in Japan on suspicion of drug law violations has resigned.

  • TOKYO— Toyota, Nissan and Honda are working together to get more fuel cell vehicles on roads in what they call Japan's big push toward "a hydrogen society." Only 23 have opened in Japan so far, with hundreds more being planned. Officials from Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. appeared together in a news conference in Tokyo Wednesday.

  • JGBs edge down as investors monitor Greek situation Wednesday, 1 Jul 2015 | 2:53 AM ET

    TOKYO, July 1- Japanese government bond prices began the second half of the year on a slightly weaker tone on Wednesday, although the Bank of Japan's asset buying operations as well as wariness over developments in Greece's debt crisis underpinned the market. The BOJ bought 70 billion yen of JGBs maturing within one year, 375 billion of JGBs in the 1- year to 3- year...

  • *China activity surveys hint at some leveling out, no rebound. SYDNEY, July 1- Growth in China's services sector picked up in June while big Japanese companies planned to ramp up spending at the fastest pace in a decade, offering hope that prospects are improving for Asia's largest economies despite sluggish factory growth. Wednesday's data fueled expectations...

  • SYDNEY/ TOKYO, July 1- The euro slipped in Asia on Wednesday with Greece's fate still hanging in the balance after it became the first advanced economy to ever be in arrears to the International Monetary Fund. It has been choppy between $1.0955 and $1.1279 this week in reaction to ever-changing developments in Greece. The International Monetary Fund on Tuesday...

  • TOKYO, July 1- Japanese business sentiment improved to levels not seen since before the economy slipped into recession last year, offering relief to policymakers keen to keep the recovery intact without additional stimulus. Big companies plan to increase capital expenditure at the fastest pace in a decade, the Bank of Japan's closely watched "tankan" survey...

  • Are Japan's companies getting downright cheerful? Tuesday, 30 Jun 2015 | 8:51 PM ET

    The BOJ's tankan survey showed the country's large manufacturers are more optimistic than expected, with the index hitting its highest since March 2014.

  • Japanese business mood improves despite gloomy data Tuesday, 30 Jun 2015 | 8:44 PM ET

    TOKYO— The mood among big Japanese corporations is unexpectedly upbeat despite recent data showing the recovery appears to be stalling. The Bank of Japan's quarterly "tankan" business survey released Wednesday showed a reading of 15 in June, up from 12 in March, for large manufacturers. Companies routinely overestimate their plans for spending in April-June,...

  • DIARY- Top Economic Events to July 13 Tuesday, 30 Jun 2015 | 8:01 PM ET

    LONDON- Bank of England publishes financial stability report, followed by Governor Mark Carney's news conference- 0930 GMT. FRANKFURT- European Central Bank Governing Council meeting. BERLIN- European Central Bank Governing Council member Jens Weidmann and Bundesbank Vice President Claudia Buch to participate in cabinet meeting of the federal...

  • BOJ's Tankan shows recovery in Japan: Pro Tuesday, 30 Jun 2015 | 7:52 PM ET
    BOJ's Tankan shows recovery in Japan: Pro

    Peter Boardman, managing director at Tradewinds, says the Tankan survey's stronger-than-expected reading indicates a recovery in Japan's economy.

  • June 30- Nike Inc, the world's largest sports shoe company, said Chairman and co-founder Phil Knight would step down next year. Chairman since 2004, Knight said in a statement on Tuesday that he would continue to play an active role in Nike even after his tenure ends. Knight, 76, owned a 16.26 percent stake in Nike as of Dec. 31.

  • LONDON, June 30- Tom Hayes, the former UBS and Citigroup trader on trial in London on Libor rigging charges, told a broker to pay Hayes' 1,000 pound restaurant bill as a reward for giving the broker business, a court heard on Tuesday. Hayes, a former yen derivatives trader based in Tokyo, was on gardening leave from UBS at the time in 2009, having been hired by Citigroup...

  • What's next for China's 'World Bank'? Tuesday, 30 Jun 2015 | 10:00 AM ET
    Jin Liqun, left, current secretary general of the Multilateral Interim Secretariat of Asian Infrastructure Investment Bank, shakes hands with China's Finance Minister Lou Jiwei ahead of a signing ceremony of articles of agreement of the AIIB, at the Great Hall of the People in Beijing, June 29, 2015.

    How China's new Asian Infrastructure Investment Bank can rival the West's World Bank, says Curtis Chin.

  • Toshiba Corp., co-developer of the "scorpion" crawler that was demonstrated Tuesday, said the robot will venture into the Unit 2 reactor's primary containment vessel in August after a month of training for its handlers. Toshiba has no back up machine. During the demonstration at a Toshiba lab near Tokyo, the robot slid down a railing as it stretched out like a bar,...

  • GUNKANJIMA, Japan— Of countless ghostly abandoned factories and mines in Japan, this fortress island near Nagasaki is among the most notorious. Gunkanjima, or Battleship Island, is one of 23 old industrial facilities seeking UNESCO's recognition as world heritage "Sites of Japan's Meiji Industrial Revolution" meant to illustrate Japan's rapid...

  • *Osamu Suzuki to remain CEO, chairman. TOKYO, June 30- Suzuki Motor Corp's 85- year-old CEO Osamu Suzuki named his eldest son as the new president of Japan's fourth-biggest automaker, easing investor concerns over the firm's succession plan and boosting the company's shares by more than 5 percent. Suzuki Motor on Tuesday also laid out financial targets under a...

  • *New-look Sony's clearest statement of intent so far. TOKYO, June 30- Japan's Sony Corp plans to raise nearly $4 billion via new shares and bonds to plough into image sensors as it reinvents itself as a niche component maker, pulling back from consumer goods like TVs that dragged it into losses. In Sony's first new share issue in 26 years, the firm said on Tuesday it...

  • TOKYO, June 30- General Electric Co is close to selling its European private equity financing unit to Japan's Sumitomo Mitsui Banking Corp for more than $2 billion, a person with direct knowledge of the matter said, as the U.S. industrial conglomerate sheds its financial assets amid a restructuring. This makes the deal attractive to the core banking unit of...

  • *China shares bounce more than 5 pct but wildly volatile. Financial spreadbetters expect Britain's FTSE 100 to open down 0.5 percent, Germany's DAX 0.7 percent, and France's CAC 40 0.6 percent. "There is still too much uncertainty in the markets and investors would be watching developments in Greece and China very carefully before jumping in," said Karine Hirn,...