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He said India has jumped 12 places on ease of doing ranking of World Bank while foreign investment inflow has risen 39%

The dollar dropped below ¥112.50 in Tokyo trading on Tuesday, dragged down by falls on stock markets in Japan and China. At 5 p.m., the dollar stood at ¥112.13-13, down from ¥112.87-88 at the same time Monday. The euro was at $1.1037-1037, down from $1.1087-1087, and at ¥123.76-77, down from ...

Stocks closed lower on the Tokyo Stock Exchange on Tuesday after cutting earlier gains, pressured by the yen’s ascent. The Nikkei average lost 59.00 points, or 0.37 percent, to end at 16,052.05. On Monday, it climbed 143.88 points. The Topix index finished down 8.83 points, or 0.68 percent, at 1,291.17, ...

In a potential setback for Prime Minister Shinzo Abe’s drive to revive economic growth, Sumitomo Mitsui Banking Corp.’s labor union will not seek a hike in base wages at annual salary talks, sources close to the matter said Tuesday. Hit by the Bank of Japan’s negative interest rate policy, major ...

Japan and the European Union are preparing to start discussing an air safety pact that would make it easier to export and import planes, including the Mitsubishi Regional Jet, sources said Monday. The two sides have already held preparatory consultations on the agreement, which would mean safety certificates valid in ...

U.S. auto safety regulators are examining whether an additional 70 million to 90 million Takata Corp. air bag inflators should be recalled because they may endanger drivers, according to a source with knowledge of the matter. That would nearly quadruple the 29 million inflators recalled so far and linked to ...

Almost three years after taking the helm at the Bank of Japan, Gov. Haruhiko Kuroda has hinted that his view on the power of monetary policy has shifted, after an unprecedented stimulus program failed to achieve his inflation target. “It’s not that the monetary base alone will pull up inflation ...

A U.N. panel on Monday approved a temporary ban on shipments of rechargeable lithium batteries aboard passenger planes because they can burst into flames. The decision by the Montreal-based International Civil Aviation Organization’s top-level governing council is not binding, but most countries follow the agency’s standards. The ban is effective ...

As foreign investors flee Tokyo stocks, the world’s largest asset manager says the move by the Bank of Japan that spooked the market will be one of the main things that pushes it back up. BlackRock Inc. is bullish on Japanese shares even after this year’s equity rout sent the ...

A majority of Americans support the U.S. government’s efforts to force Apple to help unlock an iPhone in the probe of last year’s deadly San Bernardino attacks, a poll showed Monday. The Pew Research Center survey found 51 percent of respondents supported the effort to require Apple to help unlock ...