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The dollar was trapped in a tight range around ¥120.30 in Tokyo trading on Tuesday, with players retreating to the sidelines in the absence of fresh incentives. At 5 p.m., the dollar stood at ¥120.35-36, down from ¥120.57-58 at the same time Monday. The euro was at $1.0974-0975, up from ...

Toyoo Gyohten, a former currency policy chief at the Finance Ministry, says 2016 will be the year for Prime Minister Shinzo Abe to take up the mantle of stimulus from the Bank of Japan, which has done all it can to revive the economy. While the yen will hold losses ...

Bridgestone Corp. will decide by the end of the year whether to top Carl Icahn’s bid for Pep Boys after the billionaire investor raised his offer for the car-parts chain to more than $1 billion. The Japanese tire maker will decide its next move within three business days, spokesman Fusamaro ...

Japan, the United States and 10 other nations that reached a broad agreement on the Trans-Pacific Partnership free-trade pact in October are arranging to sign the deal in early February, an official from one of the nations has said. Following the broad agreement after more than five years of negotiations, ...

Asahi Group Holdings Ltd. is considering acquiring U.S. sparkling-water maker Talking Rain Beverage Co. for about ¥50 billion ($415 million) in a bid to tap into a larger market overseas, sources close to the matter said Tuesday. Talking Rain, founded in Seattle in 1987, is known for its “Sparkling Ice” ...

Stocks wiped out losses to close higher on the Tokyo Stock Exchange Tuesday, aided by buybacks of undervalued issues. The 225-issue Nikkei average advanced 108.88 points, or 0.58 percent, to finish at 18,982.23. On Monday, the key market gauge rose 104.29 points. The Topix index of all first-section issues ended ...

From Jan. 1, Japan will tax profits on bond sales and allow investors to cut their tax payments by offsetting gains and losses in bond trading with those in equity transactions. The bond sales tax is set at 20.315 percent, the same as the tax on profits from equity transactions. ...

McDonald’s Holdings Co. (Japan) is accelerating the closures of outlets to cope with its deteriorating earnings traced to its loss of customer trust. The company is planning to shut 190 restaurants in the nation, including large outlets in urban areas, by the end of January. McDonald’s appears to be the ...

Texas Central Partners LLC, a U.S. company aiming to build a high-speed rail link in the state, is envisaging Japanese companies potentially providing vehicles and technologies for its planned bullet train service connecting Dallas and Houston. In a recent phone interview, Texas Central CEO Tim Keith reiterated that the shinkansen ...

U.S. software maker Adobe on Monday released security updates for its Flash video player amid ongoing concerns about security holes that could let hackers in. Adobe said it was aware of a report of “limited, targeted attacks” against unprotected versions of the software. “These updates address critical vulnerabilities that could ...