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The dollar hit one-week highs above ¥115 in Tokyo on Friday on the back of an increase in the Bank of Japan’s outright buying of outstanding Japanese government bonds from the money market. At 5 p.m., the dollar stood at ¥115.21-22, up from ¥113.76-77 at the same time Thursday. The ...

Tokyo Gas Co. President Michiaki Hirose has shown his eagerness to lead moves to reorganize Japan’s liquefied natural gas industry. “There should be at least two Japanese companies (in the industry) that can compete internationally,” Hirose said in a recent interview. “Tokyo Gas will take the central role in forming ...

Japanese officials said Friday they will pay close attention to how emerging trade tensions between the Trump administration and Mexico could affect Japanese firms, including major automakers that trade heavily across the border. “Japanese companies have based parts of their supply chains in Mexico, so we want to watch closely ...

The benchmark Nikkei index on the Tokyo Stock Exchange rose for the third straight day on Friday, following the U.S. Dow Jones industrial average’s continued record-breaking advance the previous day. The 225-issue Nikkei average rose 65.01 points, or 0.34 percent, to end at 19,467.40. On Thursday, the key market gauge ...

Tapping Bank of Japan Gov. Haruhiko Kuroda for another term early next year is an option because of the need for seamless policy continuity, an economic adviser to Prime Minister Shinzo Abe has said. “Kuroda is doing a terrific job,” Etsuro Honda, one of the architects of Abenomics, said in ...

The United States will include a clause preventing currency manipulation in all future bilateral trade deals, President Donald Trump said Thursday, as he criticized the Trans-Pacific Partnership economic pact for not prohibiting the practice. “We’re going to have very, very strong controls over monetary manipulation and devaluation, which they didn’t ...

As it faces massive write-downs in its nuclear power plant business, Toshiba Corp. said Friday that it will spin off its cash-cow chip business at the end of March. Toshiba will sell a stake of less than 20 percent in its flash memory operation to generate several hundred billion yen ...

The White House on Thursday floated the idea of a 20 percent tax on Mexican imports to pay for Donald Trump’s border wall, before quickly backtracking and calling it just one idea among many. Trump has vowed to “make Mexico pay” for the wall — something Mexico has strongly rejected ...

Japan on Friday logged its first annual consumer price decline in four years, underscoring the challenges facing Tokyo’s fight to rid the world’s No. 3 economy of deflation. Government data showed prices dropped 0.3 percent in 2016 from a year earlier, as weak household spending and meager wage hikes keep ...

Struggling Japanese electronics and machinery maker Toshiba Corp. will ask creditor financial institutions to continue loans to the company in March and later, Jiji Press learned Thursday. The company is expected to make the request at a meeting with the creditors on Feb. 15, sources said. Most of the institutions, ...