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The dollar sank below ¥102 in Tokyo trading on Tuesday, dragged down by heavy losses in Japanese equities and government bonds. At 5 p.m., the dollar was quoted at ¥101.66-66, down from ¥102.38-38 at the same time Monday. The euro was at $1.1199-1199, up from $1.1168-1168, and at ¥113.84-91, down ...

Major Japanese listed companies suffered sharp year-on-year declines in sales and profits in the April to June period due to the yen’s recent rises, a survey has found. According to the tally of consolidated earnings at 546 nonfinancial companies listed on the Tokyo Stock Exchange’s first section released by Monday, ...

The Bank of Japan’s decision not to drag interest rates further below zero provides relief for the nation’s banks after shrinking lending profits crimped first-quarter earnings. Combined net income at Mitsubishi UFJ Financial Group Inc. and its two mega-bank peers fell 28 percent from a year earlier to ¥505.8 billion ...

China ride-hailing service Didi Chuxing’s dominance of Uber Technologies Inc. in the China market may provide a play book for other regional rivals to fend off the biggest U.S. ride-hailing company, especially in other Asian countries. The two companies Monday confirmed the sale of Uber China to its chief competitor, ...

The key Nikkei average pulled back on the Tokyo Stock Exchange Tuesday, affected by falls in energy-related names and export-oriented companies, amid the yen’s appreciation versus the dollar. The 225-issue Nikkei average tumbled 244.32 points, or 1.47 percent, to end at 16,391.45. On Monday, the key market gauge climbed 66.50 ...

Nippon Express Co. has agreed to cooperate with Chinese e-commerce giant Alibaba Group Holding Ltd. in shipping Japanese products to China, company officials said Tuesday. Under the deal, Nippon Express will transport goods by air for Japanese firms doing business on Alibaba’s Tmall Global online mall, while home delivery in ...

American credibility is on the line over the Trans-Pacific Partnership, Singapore Prime Minister Lee Hsien Loong said Monday, urging its ratification despite growing political opposition in the U.S. to the 12-nation free trade pact. Lee acknowledged that the TPP is politically difficult in a tough election year because of American ...

U.S. investor Warren Buffett, speaking at a campaign rally for Democratic presidential candidate Hillary Clinton, challenged Republican Donald Trump on Monday to release his tax returns. Trump has said he would not release his returns until the Internal Revenue Service has completed an audit. “Now I’ve got news for him, ...

After designing grassy knolls and desert vistas for the landmark artsy video games “Flower” and “Journey,” there was only one place video game designer Matt Nava wanted to go next: underwater. Following the success of thatgamecompany’s 2012 indie hit “Journey,” which swept that year’s Game Developers Choice Awards and whose ...

Dubai airline seeking short-term financing due to lack of funding from European export credit agency