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Stocks retreated Monday under pressure from weaker-than-expected economic indicators in Japan. The 225-issue Nikkei average shed 136.47 points, or 0.69 percent, on the Tokyo Stock Exchange to close at 19,747.47. On Friday, the key market gauge lost 60.47 points. The Topix index of all first-section issues fell 14.20 points, or ...

The dollar moved in a narrow range above ¥122.50 in Tokyo trading Monday ahead of key economic announcements later this week. At 5 p.m., the dollar stood at ¥122.83-83, up from ¥122.39-40 the same time Friday. The euro was at $1.0583-0584, down from $1.0622-0623, and at ¥130.00-00, almost unchanged from ...

Vehicle production dropped 0.5 percent in October to 813,110 units from a year ago, as demand for minivehicles remained sluggish amid the lingering effects of tax hikes, data by an industry body showed Monday. Although auto output has logged 16 consecutive months of decline, exports rose 3.8 percent year-on-year to ...

Bank of Japan Gov. Haruhiko Kuroda on Monday called on companies to raise wages in line with the central bank’s efforts to achieve 2 percent inflation, saying a suitable environment has already been established. Speaking at a meeting of business leaders in Nagoya, Kuroda said, “In our view, the environment ...

The ruling Liberal Democratic Party is reportedly seeking to halt funding for the lion’s share of a ¥70 billion renewable energy program by removing tax breaks for companies that install solar panels to sell power. Cutting the solar incentive portion of the initiative will shore up funds and help Prime ...

Prime Minister Shinzo Abe has big plans for Japan to lead the way in clean cars. His bureaucrats are getting in the way. Abe has declared hydrogen-powered fuel cell vehicles “the ultimate eco-car,” praising their promise for the environment and the nation’s automakers, which are ahead of the pack. A ...

Nippon Life Insurance Co., which is seeking to gather about ¥300 billion ($2.4 billion) for what would be Japan’s largest private real estate investment trust, is targeting returns of 4 percent as yields on government bonds languish near zero. Nippon Life Realty Management Inc. will seek investments from large Japanese ...

A test service was launched Monday to dispatch ambulance helicopters to the scene of car accidents after analyzing data sent automatically from the vehicles, operators said. Toyota Motor Corp. and Honda Motor Co. are teaming up with a nonprofit organization to test the feasibility of the service, called D-Call Net, ...

Japan is likely to keep derivatives outside the scope of financial products for which losses can be used to offset gains from other financial products for tax purposes — at least for the time being — sources said. But the government and the ruling coalition believe it will be difficult ...

Bank of Japan Gov. Haruhiko Kuroda is starting to convince bond investors he can revive inflation without extra monetary easing. The debt market’s inflation expectations for the coming decade are starting to tick higher following a six-month slide, even after the central bank defied rising conjecture among analysts for more ...