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The transport ministry says mileage figures for eight Mitsubishi Motors Corp. models affected by a fuel-efficiency scandal were up to 8.8 percent poorer than their catalog data. The ministry said Tuesday it has called on the automaker to report the correct data to the government and suspend sales of the ...

Speculation of so-called helicopter money refuses to die in Japan, despite repeated denials by Bank of Japan Gov. Haruhiko Kuroda. From Japan-based economists to global investors including Templeton Emerging Markets Group Executive Chairman Mark Mobius, there is a reluctance to rule out the controversial policy coming as soon as next ...

Alphabet Inc. will tie up with Mitsubishi UFJ Financial Group Inc. on its Android Pay platform, a person with knowledge of the matter said, the latest move by a technology giant to tap Japan’s rapidly growing digital payments market. Starting as early as this autumn, users of certain Android-based mobile ...

Yoshimitsu Kobayashi, chairman of the Japan Association of Corporate Executives, or Keizai Doyukai, said he wants no further monetary policy easing by the Bank of Japan. “We don’t want the BOJ to go any deeper than now,” Kobayashi told a news conference Tuesday, expressing opposition to additional monetary easing steps ...

Prime Minister Shinzo Abe’s newly appointed regional revitalization minister, Kozo Yamamoto, has argued that the leader’s Abenomics economic policy mix has not plateaued but is merely returning to its original form, one that combines financial and fiscal measures. Last month, Abe compiled an economic stimulus package totaling ¥28.1 trillion, including ...

Factory output stagnated in July from the previous month, data showed Wednesday, in a further blow to the world’s third-largest economy. The lackluster result came after a series of disappointing data, which raised a red flag for an economy that stalled in the second quarter. A drop in household spending, ...

One big reason the global economy is spinning its wheels: some of the world’s richest governments are being tightwads. Group of Seven governments have been cutting their investment spending since a brief surge as the global financial crisis took hold. As a share of the group’s gross domestic product, those ...

JX Holdings Inc. and TonenGeneral Sekiyu KK on Wednesday finalized an agreement to form Japan’s biggest oil refiner starting in April. JX Holdings will give 2.55 shares for each TonenGeneral share, the two companies said in a joint statement. The deal values TonenGeneral at ¥965.2 a share based on Tuesday’s ...

SWIFT, the global financial messaging system, on Tuesday disclosed new hacking attacks on its members’ banks as it pressured them to comply with security procedures instituted after February’s high-profile $81 million heist at Bangladesh Bank. In a private letter to clients, SWIFT said new cybertheft attempts — some of them ...

When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cybertheft — the second largest by an exchange since hackers took roughly $350 million in bitcoins at Tokyo’s Mt. Gox exchange in early ...