japan

U.S., Japan disagreement on yen moves overshadows G7 meeting

By Leika Kihara and Tetsushi Kajimoto SENDAI, Japan (Reuters) – The United States issued a fresh warning to Japan against intervening in currency markets on Saturday as the two countries' differences over foreign exchange overshadowed a Group of 7 finance leaders' gathering in the Asian nation. Japan and the United States are at logger-heads over currency policy with Washington…

Here is the original post:
U.S., Japan disagreement on yen moves overshadows G7 meeting

japan

Mitsubishi Motors says improper data may have been used for more models

By Naomi Tajitsu TOKYO (Reuters) – Mitsubishi Motors Corp said on Wednesday that improper data for mileage calculations might have been used for other models in addition to those it has already disclosed. On Wednesday, it said it suspected improper…

More here:
Mitsubishi Motors says improper data may have been used for more models

japan

Dollar dips from two-week high, stocks in the red

“And that is precisely what we are seeing today.” Financials were among the biggest losers in Europe, their 1.5 percent fall led by a 10 percent plunge in Austrian bank Raiffeisen Bank International after it said it will look into a possible merger with

Read the original: 
Dollar dips from two-week high, stocks in the red

japan

Sumner Redstone trial should be open to public: tentative ruling

By Lisa Richwine LOS ANGELES (Reuters) – The trial over media mogul Sumner Redstone's healthcare directive should be open to the public, a California judge said in a tentative ruling …

See the original post here: 
Sumner Redstone trial should be open to public: tentative ruling

japan

Mitsubishi says U.S. mileage ratings for its cars are correct

(Reuters) – Mitsubishi Motors Corp, which has admitted manipulating fuel economy tests for mini-vehicles in Japan, on Wednesday said its vehicles for the model years 2013 to 2017 sold in the United States have correct mileage ratings. Mitsubishi said it has gone back and re-tested the models from those model years sold in the U.S. market. “Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures,” the company said in a

Original post: 
Mitsubishi says U.S. mileage ratings for its cars are correct

japan

Exclusive: Bank of Italy conducting supervisory inspection at Bank of China offices

By Lisa Jucca HONG KONG (Reuters) – The Bank of Italy is carrying out an on-site inspection at the Italian offices of Bank of China Ltd , a Chinese state-owned bank already facing accusations of aiding illicit money flows from Italy to China, a source familiar with the situation said. Italian prosecutors are seeking to bring 297 people, mostly Chinese, as well as the Milan branch of Bank of China to trial on charges of allegedly smuggling more than 4.5 billion euros ($5.12 …

Read more from the original source: 
Exclusive: Bank of Italy conducting supervisory inspection at Bank of China offices

japan

IMF supports move to negative rates by some central banks

The International Monetary Fund said on Sunday that a move to negative rates by some of the world's central banks would help deliver extra monetary stimulus and ease lending conditions. Six of the world's central banks have introduced negative rates, most notably the Bank of Japan and the European Central Bank, and around a quarter of the world economy by output is now experiencing official rates that are less than zero.

Read more:
IMF supports move to negative rates by some central banks

japan

Asian shares fall, while Japan’s gain as brakes applied to strong yen

SINGAPORE/TOKYO (Reuters) – Most Asian shares fell to three-week lows on Friday, but Japan bucked the trend after its finance minister pledged to guard against strong moves in the yen in either direction. While that led to a slight retreat in the yen from a 17-month high against the dollar, the Japanese currency is

The rest is here:
Asian shares fall, while Japan’s gain as brakes applied to strong yen

japan

Wal-Mart Japan to focus on remodeling stores, no plans to exit market

Wal-Mart Stores expects its Japan business to focus on remodeling existing stores rather than opening new ones this year, citing fierce competition and consumer reluctance to spend freely amid uncertain economic times. Despite bold monetary and fiscal stimulus, Japan's consumer spending has been hit by a 2014 hike in the national sales …

View original post here: 
Wal-Mart Japan to focus on remodeling stores, no plans to exit market

japan

Big U.S. banks to take on tech rivals with instant payments

By David Henry NEW YORK (Reuters) – Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person's account instantaneously by mobile phone. “What we are doing now is delivering payments in real time, which is what our customers have asked for,” Mary Harman, managing director for payments at Bank of America, said in an interview. While technology companies like PayPal Holdings and Facebook Inc…

See the original post: 
Big U.S. banks to take on tech rivals with instant payments

« Previous Page — Next Page »