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The dollar pared early gains to move around ¥108.80 in late Tokyo trading Tuesday, dampened by a remark by visiting U.S. Vice President Mike Pence. At 5 p.m., the dollar stood at ¥108.86-86, still up from ¥108.32-32 at the same time Monday. The euro was at $1.0649-0651, up from $1.0638-0638, ...

Stocks gained further ground Tuesday, buoyed by an overnight rally on Wall Street and the yen’s drop against the dollar. The Nikkei 225 average climbed 63.33 points, or 0.35 percent, to close at 18,418.59. On Monday, the key market gauge gained 19.63 points. The Topix, which covers all first-section issues, ...

Nippon Steel & Sumitomo Metal Corp. has settled a damages lawsuit against a former employee accused of giving trade secrets to South Korean rival Posco, informed sources said Tuesday. Nippon Steel in late March withdrew the case against the former worker over the leak of its magnetic steel sheet technology, ...

The government has designated this July 24 as “the day of telework” in a bid to encourage people to work from home and test out the impact on traffic congestion ahead of the 2020 Olympics, which will open on July 24 of that year. Officials said Tuesday that companies and ...

Tokyo’s skyline is set to welcome 45 new skyscrapers by the time the city hosts the Olympics in 2020, as a surge of buildings planned in the early years of Abenomics near completion. The capital will see nearly 50 percent more new high-rise space in the next three years than ...

As of the end of March, Mitsubishi Motors Corp. had not returned some ¥5 billion in tax cuts that buyers of its cars received because of overstated fuel-efficiency, according to informed sources. The amount is part of ¥9 billion the automaker needs to return to the central and local governments ...

A government panel on regulatory reform is in discussions to urge more widespread adoption of the limited regular employment system, in which regular workers are hired on open-ended contracts with limits on their work location or hours. The government has been urging companies to introduce limited regular employment as it ...

The Abe government on Tuesday nominated banker Hitoshi Suzuki and economist Goshi Kataoka to the Bank of Japan Policy Board to replace two members who have frequently dissented against the direction set by Gov. Haruhiko Kuroda. Suzuki, 63, an audit-board member of Bank of Tokyo-Mitsubishi UFJ Ltd., and Kataoka, 44, ...

Gamers beware: hackers offering free virtual trinkets don’t care about your passwords or personal data — they are after your employer’s most closely guarded secrets. An employee at a Japanese high-tech company learned this the hard way, duped by a fake giveaway for 300 magic stones for the smartphone game ...

Automakers face a dilemma in China’s huge but crowded market: Regulators are pushing them to sell electric cars, but buyers want gas-guzzling SUVs. The industry is rattled by Beijing’s proposal to require that electric cars make up 8 percent of every brand’s production as early as next year. Consumers are ...