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Stocks staged a powerful advance on the Tokyo Stock Exchange Wednesday, the first trading day of 2017, on the back of U.S. equity gains, lifting the benchmark Nikkei average to its highest closing level in almost 13 months. The 225-issue Nikkei average jumped 479.79 points, or 2.51 percent, to end ...

Shares of Toshiba Corp. recovered from an early dive after the Asahi Shimbun reported regulatory concerns about the company’s earnings. Toshiba closed Wednesday down 2.01 percent at ¥277.4 in Tokyo after slumping as much as 6.9 percent in early trade. Japan’s Securities and Exchange Surveillance Commission suspects the company padded ...

As the firm begins intense negotiations, a high-ranking Iranian official says it is a strong candidate for the contract. The post Japan’s Inpex in running for Azadegan oil field deal, Iranian official says appeared first on The Japan Times.

The rise and fall of Ono Pharmaceutical Co. in 2016 was a tale of two halves, and one drug. Having surged as much as 34 percent as of mid-April, the stock finished the year down more than 41 percent, marking its worst performance in more than 50 years. The swing ...

Nippon Life Insurance Co. President Yoshinobu Tsutsui has indicated that his company will consider targeting mainly U.S. life insurers and asset management companies under its business acquisition strategy abroad. The United States has a wide range of companies and strong growth potential, Tsutsui said in a recent interview. “Asset management ...

Travel agency JTB Corp. is set to launch English-language bus tours covering popular sightseeing spots — along with attractions difficult to reach by public transportation. The tours, set to begin in April, will cover popular sightseeing destinations including the so-called golden route connecting Tokyo, Mount Fuji and Kyoto. Also planned ...

ort Lauderdale Florida Faced with a copper shortage at the beginning of World War II, the U.S. Mint authorized experiments to make pennies from other metals, plastic and rubber. A Tennessee company made some from glass and failed so spectacularly that only one known unbroken penny remains — and it ...

South Korea has culled some 30.03 million chickens and other birds so far to contain the country’s worst bird flu outbreak, officials said Tuesday, with prices of eggs skyrocketing amid a shortage of supply. The number of poultry killed, announced by the Ministry of Agriculture, Food and Rural Affairs, is ...

McDonald’s has opened a franchise just steps away from the gleaming white marble dome of St. Peter’s Basilica, giving indigestion to some cardinals and local business owners. There was no fanfare for the Friday opening of the U.S. fast food giant’s new venue behind a subdued exterior on the picturesque ...

U.S. President-elect Donald Trump said Tuesday he will nominate former trade official Robert Lighthizer as the next U.S. trade representative. Lighthizer served as U.S. deputy trade chief under President Ronald Reagan in the 1980s, playing a major role in negotiating some two dozen bilateral agreements on a variety of issues ...