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Giappone
Dollar firmer around ¥113.70 in Tokyo before Yellen speech
The dollar was firmer around ¥113.70 in Tokyo trading late Tuesday, with traders waiting to see an upcoming speech by Federal Reserve Chair Janet Yellen to find any clues as to the timing of an additional interest rate hike by the U.S. central bank. At 5 p.m., the dollar stood ...
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Giappone
Tokyo stocks fall back amid wait-and-see mood
Stocks fell back on the Tokyo Stock Exchange Tuesday amid a growing wait-and-see mood prior to closely watched events including a speech by U.S. Federal Reserve Chair Janet Yellen. The 225-issue Nikkei average lost 30.84 points, or 0.18 percent, to finish at 17,103.53. On Monday, the key market gauge advanced ...
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Giappone
Security of iPhones the casualty in Apple’s victory over the FBI
Apple Inc. suffered one major casualty in its legal victory over the FBI: bragging rights over the iPhone’s security. The FBI’s decision to abandon its effort to force Apple to help break into a terrorist’s handset marks a win for the company. Yet the agency’s claim that it found a ...
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Giappone
Japan Post Insurance to tie up with Dai-ichi Life
Japan Post Insurance Co. and Dai-ichi Life Insurance Co. plan to tie up on a wide range of operations, including asset management and product development, informed sources said Tuesday. The two companies will jointly invest in growth areas such as overseas infrastructure projects to survive what is seen as the ...
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Giappone Taiwan
Sharp to report net loss of ¥200 billion for fiscal 2015: sources
Sharp Corp. is expected to report a net loss of around ¥200 billion for the fiscal year ending Thursday amid a slump in its mainstay liquid crystal display business, sources close to the matter said Tuesday. The envisioned loss for the second consecutive year for the struggling Japanese electronics maker ...
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Giappone
Lawson to promote Takemasu to president, COO positions
Major convenience store operator Lawson Inc. will promote Senior Executive Vice President Sadanobu Takemasu to president and chief operating officer effective June 1. Current President Genichi Tamatsuka will become chairman and chief executive officer with the right to represent the company, it said Monday. The appointments, along with the newly ...
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Giappone
Japan spending gets leap year boost, but broader outlook remains dim
Spending by Japanese families increased in February for the first time in six months, government data showed Tuesday, but analysts said the rare piece of good news for Prime Minister Shinzo Abe is likely to be short-lived. Abe came to power in December 2012 vowing to rejuvenate the world’s third-largest ...
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USA Giappone
California’s $15-an-hour minimum wage could help workers, cost jobs
A political deal to raise California’s minimum wage to a nation-leading $15 an hour could help some workers cope with the state’s crushing cost of living but also deprive other low-wage earners of jobs altogether, economists said Monday as Gov. Jerry Brown and other leaders touted what would be a ...
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USA Giappone
FBI cracks California killer’s iPhone, ends Apple encryption battle
The FBI has unlocked the iPhone used by one of the San Bernardino attackers, officials said Monday, ending a heated legal standoff with Apple that had pitted U.S. authorities against Silicon Valley. Apple, backed by a broad coalition of technology giants like Google and Facebook, was fiercely opposed to assisting ...
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USA Giappone
Recalls of e-Golf vehicles over battery woes again land VW in rough
Embattled German automaker Volkswagen said Monday it is recalling about 5,200 VW e-Golf vehicles in the United States over a battery problem that can cause their electric engine to stall. Volkswagen Group of America, VW’s U.S. unit, is recalling certain 2015-2016 model years of the e-Golf. The company said “oversensitive ...