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*Ukraine tension eases but Gaza worries keep investors risk averse- analysts. TOKYO, July 23- Japan's Nikkei share average was flat on Wednesday morning as investors avoided risk due to geopolitical concerns in the Gaza Strip, which offset upbeat sentiment from gains in U.S. and European markets overnight.
*Profit $1.18/ shr vs est $1.09/ shr. The company, which gets most of its revenue from the sale of luxury and mid-line cars made by BMW, Mercedes-Benz and Honda, said it sold 13 percent more luxury cars at stores opened for at least a year.
In the Gaza Strip, Israeli jets, tanks and artillery continued to pound Gaza as the death toll from a two-week conflict topped 500. Malaysia has reached an agreement with the leader of the separatist group to retrieve the bodies of the victims from last week's downing of a Malaysia Airlines passenger jet as well as the plane's two black boxes, Malaysian Prime Minister Najib Razak said on Tuesday.
*Takata could face more costs if car makers expand air bag recalls. TOKYO, July 18- Takata Corp said on Friday it would book a special loss of around 45 billion yen in the April-June quarter after several car makers recently recalled vehicles due to potential problems with its air bags.
TOKYO, July 18- Japan's Nikkei share average dropped to a one-week low on Friday morning and posted its biggest one-day fall in two months as investors turned risk averse on news that a Malaysian Airlines passenger jet was shot down near the Ukraine- Russia border.
Toyota is betting that drivers will embrace hydrogen fuel cells, a technology that runs on the energy created by an electrochemical reaction.
TOKYO, July 17- Nissan Motor Co Chief Executive Carlos Ghosn raised doubts over Japanese Prime Minister Shinzo Abe's call to appoint women to 30 percent of top jobs by 2020, saying rushing to meet such a target could set the firm and its staff up for failure.
*Intel supplier Shinko Electric soars to 6- month high. TOKYO, July 17- Japan's Nikkei share average rose to a 1-1/ 2- week high on Thursday, buoyed by gains on Wall Street, while Shinko Electric Industries Co jumped on Intel Corp's strong forecast.
DETROIT, July 16- German automaker BMW said on Wednesday it is recalling about 1.6 million cars worldwide to replace passenger-side front air bags made by Takata Corp because the inflators could break apart during deployment and injure passengers.
DETROIT/ FRANKFURT, July 16- German automaker BMW said on Wednesday it is recalling about 1.6 million cars worldwide to replace passenger-side front airbags made by Takata Corp because the inflators could break apart during deployment and injure passengers.
*JX Holdings rises on report saying it will build hydrogen stations. TOKYO, July 16- Japan's Nikkei share average was flat on Wednesday morning as investors stayed cautious ahead of China economic data, with weakness in U.S. shares also curbing investors' risk appetites.
Congress begins a five-week summer recess that same day. White House support for the 10- month extension has annoyed some Democrats who are opposed because it would push decisions on long-term funding to a newly elected Congress next year. At the very least, Congress should be keeping people on the job who are already there right now, "Obama said.
In a visit to a government highway research center in Virginia, Obama is expected to tout work on so-called vehicle-to-vehicle and vehicle-to-infrastructure communication technology to improve navigation, according to the White House.
*Fed Chair Janet Yellen's testimony awaited. *Otsuka soars on new drug application to FDA. TOKYO, July 15- Japan's Nikkei share average climbed on Tuesday with all sectors rising, helped by gains on Wall Street on Citigroup's strong earnings and a merger and acquisition deal in the healthcare industry.
On the back of commercial launch announcements by Toyota and Hyundai and demand in Japan, Linde started up a production facility with an initial annual capacity of 50 stations a year.
Asian stocks started the week with gains on Monday as fears about Portugal's banking sector receded and as attention turned to corporate earnings.
For the larger companies, the initiative ensures that their own suppliers are robust and "demonstrates a recognition that a healthy supply chain is good for business," the White House said in a statement.
July 8- Acura, the luxury division of Japanese automaker Honda Motors Co Ltd, said it would recall 14,078 model-year 2013-2014 ILX vehicles to replace their halogen projector beam headlights.
DETROIT, July 8- Subaru of America is recalling 8,557 older model cars in the United States equipped with potentially defective air bag inflators made by Japan's Takata Corp, the automaker and U.S. safety regulators said on Tuesday.
*California is one of the biggest markets in U.S. for Honda. *Move comes after Honda learned of air bag incident in California. "While this case does not match the areas that NHTSA has determined, Honda is adding California into the areas in which it is conducting a regional recall in order to investigate the cause," the Honda spokeswoman said.