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The dollar traded on a firmer note above ¥102 in Tokyo trading on Friday, though confined in a narrow range since many currency players were absent from trading for summer holidays. At 5 p.m., the dollar stood at ¥102.05-06, up from ¥101.49-50 at the same time Wednesday. The euro was ...

Stocks rebounded on the Tokyo Stock Exchange on Friday, supported by an overnight rise in U.S. equities and the yen’s weakening. The 225-issue Nikkei stock average gained 184.80 points, or 1.10 percent, to end at 16,919.92. On Wednesday, the key market gauge fell 29.85 points. The Tokyo market was closed ...

Toshiba Corp. said Friday it returned to profitability in the April to June quarter, helped by the sale of its white goods unit to China’s Midea Group Co. as the industrial conglomerate proceeds with broad restructuring after an accounting scandal. Toshiba’s group net profit came to ¥79.80 billion, a turnaround ...

Major nonfinancial companies saw year-on-year profits fall by 15.9 percent in the first quarter, thanks largely to the pricey yen, data show. Combined sales shrank 5.9 percent, according to the tally for April to June. The figures cover the 1,219 firms listed on the Tokyo Stock Exchange’s first section that ...

A travel agency based in Osaka city is offering tours catering specifically to Muslim visitors — a growing segment of inbound travelers from abroad — featuring a visit to a mosque, halal food and an attendant who adheres to Islam. Miyako International Tourist Co. says its most popular route starts ...

Hon Hai Precision Industry Co.’s profit fell for a third straight quarter, reflecting the impact of a global slowdown in demand for smartphones. Net income dropped 31 percent to New Taiwan dollars 17.7 billion ($565 million) in the three months ended June, according to an emailed statement. That compares with ...

Ad blockers on Thursday said they foiled a move by Facebook to sidestep software used to stop marketing messages at social network pages visited on desktop computers. Adblock Plus announced that it is updating its free software with a new filter that will thwart Facebook’s effort — for now. “We ...

As Prime Minister Shinzo Abe sees it, the tight labor market is a key success of his economic strategy: The unemployment rate is the lowest in 21 years and the job-to-applicant ratio is the highest in 25 years. Analysis of data over a longer period indicates that the nation’s aging ...

Total number of companies within the 2,300-hectare development has surged to 4,600

’Femi Asu The Shell Petroleum Development Company of Nigeria Ltd on Friday declared force majeure on exports of Bonny Light, Nigeria’s reference crude oil grade, the second time in three months. This is coming four days after the oil major declared force majeure on gas supply to the Nigeria LNG’s ...